Wealth Wisdom Podcast

It has been a wild decade for investors thus far.

Which begs the question, what does 2024 have in store?

On the latest episode of the Wealth Wisdom Podcast, I’m joined by Bob Swanson (SVP and Co-Head of Equities, CI Global Asset Management) to talk about what lies ahead for investors in 2024.

Could we see a return to “normalcy” (if there is such a thing), or will the 2020s continue to be a wild ride?

Do you know much about Private Market Investments?

On this episode of the Wealth Wisdom Podcast, we dive into the world of Private Market Investments with with Geof Marshall (Senior Vice President, Head of Fixed Income & Lead – Private Markets), one of the fund managers behind CI’s new Private Growth and Private Income Funds.

We touch on what Private Market Investments are, the features and risks associated with Private Market Investments, and why you might want to consider adding Private Market Investments to your portfolio.

Better days are ahead for Canadian stocks.

So far in 2023, Canadian stocks are up, but they are lagging behind both US and International equities.

That should change soon, according to Kevin McSweeney, Senior VP and Portfolio Manager at CI Global Asset Management.

On the latest episode of the Wealth Wisdom Podcast, Kevin provides insight on a number of topics including why Canadian stocks are undervalued, what sectors he and his team are bullish on, the outlook for inflation, interest rates and more.

Performance coaching is unequivocally on the rise.

If you’re a business owner and you haven’t hired a performance coach, chances are you know someone who has. According to the International Coaching Federation, the global coaching industry was worth $20 billion in 2022.

That’s a steep increase from just a few years ago. Back in 2019, the global coaching industry was worth an estimated $15 billion.

For today’s guest on the Wealth Wisdom Podcast, he’s seen his business shift dramatically over the past four to five years.

Kolin Kriitmaa joins the latest episode of the Wealth Wisdom Podcast to talk about what a Performance Coach does, and how his business has transitioned from largely helping athletes, to assisting other professionals such as first responders and business owners.

Canada has a hiring problem.

The statistics back it up, and that’s certainly the sense I get after talking to many local business owners.

For a plethora of reasons (which we get to on today’s episode), it seems like businesses of all shapes and sizes are struggling to attract and retain quality employees.

So, in order to get some insight on recent hiring problems of Canada, we wanted to get a guest on the podcast who deals with hiring issues on a daily basis.

On the latest episode of the Wealth Wisdom Podcast, I’m joined by Tina Burke, founder of Burke Recruiting in Vancouver.

Tina joins us to talk about why it’s so tough for businesses to find quality employees right now. She also touches on what you can expect if you work with a recruiter (including how they get paid), while also discussing her journey as an entrepreneur.

The health care system benefits many individuals, but navigating between different professionals (such as family doctors, oncologists and more) is increasingly complex.

Why? It’s because they don’t communicate with each other, according to Lorraine Bosha.

That’s why Lorraine has seen increased demand in her business as a Health Care Advocate for British Columbian residents.

On the latest episode of the Wealth Wisdom Podcast, we’re joined by Lorraine Bosha, owner and founder of Shield Health Advocates.

Lorraine tells us her first hand experience in dealing with our local medical system, and why it inspired her to create her own practice as a Health Care Advocate. She also touches on current issues with the British Columbian medical system, while telling you about the wide range of services she provides for clients.

On this episode of the Wealth Wisdom Podcast, I’m joined by Cara Lawson, who is the owner of Cara Interiors Inc. (and also, my wife!)

Cara was candid about her journey through the world of interior design, talking about how to grow as a business owner, and whether or not it’s worthwhile to work with a business coach.

She also touches on her ideal clients as an interior designer, and provides a peek at current trends in the industry.

The year 2022 will be remembered as one of the worst ever in terms of market performance.

Since the Great Depression began in 1929, there were only six years where the S&P 500 performed worse than this year. Three of those years were prior to World War II.

So, while it would be nice to turn the page and forget about last year, we do need to be held accountable.

Returning to the podcast is one of our favourite guests, Drummond Brodeur (Senior VP & Global Strategist, CI Global Asset Management).

We hold Drummond's feet to the fire and review his predictions for the last calendar year. More importantly, we talked to Drummond about what lies ahead in terms of inflation, a recession, and the markets.

For the most part, investors choose fixed income products (such as bonds) primarily to protect from market downside.

Of course, that downside protection aspect of fixed income was flipped on its head this year. Due to unforeseen circumstances such as the Russia/Ukraine war and China effectively halting production across the country, we’ve endured the highest inflation seen in 40 years. The interest rate increases that have ensued have hammered bond returns in the process.

However, there could be some intriguing investment opportunities in fixed income on the horizon.

To talk about this and more, I’m joined by Sean Rosas, our CI Assante Private Client Investment Counsellor, who should be a familiar face to some of you. Sean briefly touches on his international resume before talking about opportunities in fixed income, private equity, private infrastructure and more.

Giving back is good for the heart, but are you giving back in a way that’s best for your wallet?

Because generally speaking, Canadians aren’t donating to charities in the most efficient way possible.

On this episode of the Wealth Wisdom Podcast, I’m joined by my fellow co-founding member of Sana Family Office, Josh Dyck (BA, CFP, Senior Wealth Advisor, Assante Capital Management Ltd.), to help touch on five tips and tricks for effective charitable giving.