Think Smart with TMFG

Episode 302: Why You Should Stop Buying Individual Stocks

In this week’s episode of Think Smart with TMFG, Senior Financial Advisors Rob McClelland and Mike Connon of Assante Capital Management explain why you should stop buying individual stocks. They break down the risks and common misconceptions about stock picking, and share smarter investment strategies to build long-term wealth. Tune in to learn why diversifying your portfolio and avoiding individual stocks could be a game-changer for your financial future!

Episode 301: Mistakes You're Likely to Make When Filing Your Tax Return

In this week’s episode of Think Smart with TMFG, Senior Financial Advisors Rob McClelland and Mike Connon of Assante Capital Management walk you through the common mistakes Canadians often make when filing their tax returns. From missed deductions to misunderstood tax credits, these errors can cost you more than you think. Tune in to learn how to avoid these pitfalls and ensure your tax return is as smooth as possible!

Episode 300: Are Canadian Banks Truly Serving You?

Join Senior Financial Advisors Rob McClelland and Mike Connon of Assante Capital Management in this special 300th episode of Think Smart with TMFG. They delve into the ten reasons why Canadian banks might not have your best interests at heart. From high fees and lack of transparency to conflicts of interest and unfair lending practices, this episode sheds light on the practices that might affect you as a banking customer. Listen in to explore how corporate greed and limited competition shape the financial landscape in Canada. Don't miss this insightful discussion on the potential disconnect between profit-making and client service in the banking sector.

Episode 299: Why Canada's Stock Market is Shrinking: Insights & Challenges

Welcome to "Think Smart with TMFG," where hosts Rob McClelland and Mike Connon delve into the latest developments in the Canadian stock market. This episode explores the transformation of Canadian corporations over the past 30 years, comparing their evolution to their US counterparts. With an eye on the future, the hosts discuss the importance of global diversification, revealing why a Canadian-only investment portfolio no longer suffices. Tune in to understand the challenges and opportunities facing Canadian investors in an increasingly interconnected world.

Episode 298: 20 Common Investment Pitfalls You Might Be Facing (Part 2)

In this episode of "Think Smart with TMFG," hosts and senior financial advisors Rob McClelland and Mike Connon of Assante Capital Management delve into the second half of a series on common portfolio management mistakes. Following up on their previous discussion, they tackle reasons 11 to 20 that could hinder your financial growth and success.

Join the hosts as they break down complex investment concepts such as understanding performance metrics, the influence of media, inflation considerations, and market timing pitfalls. They emphasize the importance of thorough due diligence, choosing the right advisor, and maintaining control over controllable financial aspects.

This insightful conversation aims to help everyday Canadians better understand their investment strategies, offering practical tips to build a more robust and resilient portfolio. Discover expert advice that paves the way for smarter financial decisions and long-term financial stability.

Episode 297: 20 Common Investment Pitfalls You Might Be Facing (Part 1)

In this episode of Think Smart with TMFG, hosts Rob McClelland and Mike Connon dig into ten crucial investment mistakes that are often overlooked by everyday investors. From overly optimistic return expectations to the dangers of neglecting diversification, they unravel these pitfalls using real-world experiences. Listen in to gain insights into correcting these errors and enhancing your financial strategy. The road to smarter investing starts here.

Episode 296: A Deep Dive into Trump's Tactics

Join hosts Rob McClelland and Mike Connon in this week's episode of "Think Smart with TMFG" as they delve into the controversial figure of Donald Trump and his impact on Canada-U.S. relations. Through personal anecdotes and analysis, they examine Trump's history of bullying tactics, his approach to tariffs, and the potential economic repercussions on both sides of the border.

Discover insights into how Trump's strategies have unfolded, from the infamous New York speech to political maneuvers that have left lasting impressions on the global stage. Rob and Mike explore the intricate dynamics of trade agreements, tariffs, and their broader implications on markets and industries.

Tune in to learn about the resilience needed to navigate these uncertain times and how sticking to a well-designed financial plan can be crucial amidst the noise. "Think Smart with TMFG" offers a compelling discussion on economics, politics, and the way forward for Canadians in an ever-changing world.

Episode 295: Bitcoin Boom or Bust: Is It Time to Invest?

In this episode of "Think Smart with TMFG," hosts Rob McClelland and Mike Connon delve into the heated debate surrounding Bitcoin's investment potential. As cryptocurrencies gain mainstream attention, they explore whether now is the opportune moment to invest, especially with Bitcoin's value surpassing $100,000 per coin.

Rob and Mike discuss the rise of cryptocurrencies, the sheer number of digital currencies created, and the issues of concentration and market manipulation. They also highlight the risks faced by small investors and the dominance of top holders in the Bitcoin market.

Listeners will hear fascinating insights into cryptocurrency's volatility, historical crashes, and the unique challenges of digital asset ownership. Tune in for an engaging discussion on the future of Bitcoin and its role in modern investment portfolios.

Episode 294: Is It Time to Replace Your Financial Advisor?

Join hosts Rob McClelland and Mike Connon on this week's episode of Think Smart as they explore the timely topic of knowing when to replace your financial advisor. Drawing parallels between outdated dental care and financial mismanagement, the duo shares insights and real-life stories illuminating the costs of staying with an advisor past their prime.

Many cling to long-term relationships with advisors despite signs of waning interest or performance, risking their financial well-being. This episode highlights crucial indicators that it might be time for a change, such as outdated tools, lack of proactive financial strategies, and inactive management of your portfolio. Rob and Mike emphasize the importance of modern technological integration and fresh perspectives in ensuring your financial health and success.

Learn the key strategies to assess your current advisor's effectiveness and discover the difference a forward-thinking, engaged advisor can make for your financial future. Tune in with Rob and Mike to understand when loyalty may no longer be an asset and how to make informed decisions to keep your finances on the right track!

Episode 293: Retirement Realities: Insights from Fidelity's Latest Report

Welcome to Think Smart with TMFG, your go-to podcast for insightful discussions about financial matters that impact everyday Canadians. In this episode, hosts Rob McClelland and Mike Connon delve into a recent Fidelity Report on Retirement, shedding light on Canadian optimism and challenges surrounding this crucial life stage. Join us as we explore why having a financial plan significantly boosts retirement confidence and the varied experiences across different provinces.

At the heart of the conversation is the discovery that despite economic uncertainties like rising interest rates and inflation, many Canadians maintain an optimistic outlook on retirement, especially those equipped with a financial plan. We'll discuss the essential priorities for pre-retirees and retirees, the role of financial advisors in offering peace of mind, and a look at the specific hurdles faced by Canadians delaying retirement.

As this episode marks the final recording from their Thornhill office studio, tune in to gain practical advice and a clearer perspective on the path to a secure and fulfilling retirement.