Episode notes
The book provides provides a comprehensive guide to personal finance in Canada, covering a wide array of topics essential for building wealth and securing one's financial future. It begins by explaining different types of inflation and the increasing importance of owning productive assets in an age of AI and robotics. The author, a self-made multimillionaire and educator, shares practical strategies for budgeting, emphasizing the "Needs, Wants, Future" system and managing credit. The document then thoroughly explains investing, contrasting it with saving, and introduces concepts like risk tolerance, investment horizon, and the power of compound interest. It details various Canadian invest ...
Keywords
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