Smoke and Mirrors

Smoke and Mirrors
Author: David Trahair
Publisher:
Total Pages: 134
Release: 2018-07-25
Genre: Business & Economics
ISBN: 9781771802864

If you read the papers and listen to the "experts," you've heard the usual pitches about retirement: you'll need a million dollars or more so you better start an RRSP early and maximize your contributions, trust the stock market and mutual funds for the best returns and put your faith in a financial advisor. But what if this advice is wrong? By reading this book, you will learn the truth about these myths. You will also be given six free spreadsheets to figure out where you really stand, including the latest "Retirement Optimizer" that allows you to compute your retirement income year-by-year and the "Personal Rate of Return Calculator" so you can determine just how well your investments have done. Find out how much you'll really need to save. Smoke and Mirrors dispels the five main retirement myths: If I had $1,000,000 I could retire. Find out why you might be fine with much less. RRSPs are the holy grail of retirement. Discover what is more important than the size of your RRSP. Don't worry about your investments; you'll be fine in the long run. Learn how to figure out the truth about how well your investments are really doing. Income taxes are the enemy. We're all interested in reducing our taxes, but find out why tax shelters and donation schemes may be dangerous to your financial health. Buy permanent life insurance to secure your financial future. Find out who needs life insurance, who doesn't and how to get it cheap.

Smoke and Mirrors

Smoke and Mirrors
Author: David Trahair
Publisher: North Vancouver, B.C. : International Self-Counsel Press
Total Pages: 148
Release: 2004
Genre: Finance, Personal
ISBN: 9781551805719

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Smoke and Mirrors

Smoke and Mirrors
Author: David Trahair
Publisher: North Vancouver, B.C. : Self-Counsel Press
Total Pages: 168
Release: 2005
Genre: Finance, Personal
ISBN: 9781551805948

Smoke and Mirrors: Financial Myths That Will Ruin Your Retirement Dreams (8th Edition)

Smoke and Mirrors: Financial Myths That Will Ruin Your Retirement Dreams (8th Edition)
Author: David Trahair
Publisher:
Total Pages: 140
Release: 2012-10
Genre: Business & Economics
ISBN: 9781927403235

If you read the papers and listen to the "experts," you've heard the usual pitches about retirement: you'll need a million dollars so you better start an RRSP early and maximize your contributions, trust the stock market and mutual funds for the best returns and put your faith in a financial advisor. But what if this advice is wrong? By reading this book, you will learn the truth about these myths. You will also be given six free spreadsheets to figure out where you really stand, including the latest "Retirement Optimizer" that allows you to compute your retirement income year-by-year and the "Personal Rate of Return Calculator" so you can determine just how well your investments have done. Find out if you are saving enough ... or too little. Smoke and Mirrors dispels the five main retirement myths: 1. If I had $1,000,000 I could retire. Find out why you might be fine with much less. 2. RRSPs are the holy grail of retirement. Discover what is more important than the size of your RRSP. 3. Don't worry about your investments; you'll be fine in the long run. You'll learn how to figure out the truth about how well your investments are really doing. 4. We have met the enemy, and he is the tax collector. You may be interested in reducing your taxes, but find out why tax shelters may be dangerous to your financial health. 5. Secure your financial future - buy life insurance. Find out who needs it, who doesn't and how to get it cheap.

Smoke & Mirrors

Smoke & Mirrors
Author: David Trahair
Publisher: North Vancouver : International Self-Counsel Press
Total Pages: 180
Release: 2006
Genre: Finance, Personal
ISBN: 9781551806914

Turn you rretirement dreams into reality! Many financial advisers perpetuate the myth that you need $1 million dollars to retire, because the more money you hand over to them, the more money they make through commisions and other fees. The advice they offer often benefits them more than you.

The No Smoke and Mirrors Workbook : Overcome the Financial Myths that Will Ruin Your Retirement Dreams

The No Smoke and Mirrors Workbook : Overcome the Financial Myths that Will Ruin Your Retirement Dreams
Author: David Trahair
Publisher: North Vancouver : International Self-Counsel Press
Total Pages: 70
Release: 2006
Genre: Finance, Personal
ISBN: 9781551806921

Based on the principles explained in David Trahair's Canadian best-seller, Smoke and Mirrors, this workbook and CD-ROM give you the tools to make the right choices for your financial future. If you've read the book and want to apply the concepts to your own life, this workbook is for you.

Enough Bull

Enough Bull
Author: David Trahair
Publisher: Wiley
Total Pages: 224
Release: 2009-08-12
Genre: Business & Economics
ISBN: 0470736224

The one book your bank REALLY does not want you to read. More than ever before, Canadians are frightened and stressed out about their retirement and financial future. With the mortgage, car payments and credit card bills, there never seems to be enough to pay the current bills let alone save thousands in RRSPs. At the same time, the large financial institutions are bombarding us with fearful messages of destitution unless we maximize our RRSP contributions. The stock market crash of 2008 has proven one thing: traditional retirement planning advice simply doesn't work. The risks are too enormous. Throwing money into RRSPs and trusting the stock market is like gambling with your family's future. But how do you plan for retirement without risking everything? In Enough Bull, David Trahair explains: How to invest only in 100% safe investments that will never decline How to get out of mutual funds and the stock market - forever The "Tax Turbo-Charged RRSP strategy" - why you should wait until you are over 50 to start your RRSP Exactly what age to elect to receive the CPP pension How to avoid the scams that lead to personal financial disaster Easy to understand and simple to apply, Enough Bull shows Canadians how to avoid all the traps and why doing the exact opposite of what they have been told will leave them much further ahead. www.enoughbull.ca

Cash Cows, Pigs and Jackpots

Cash Cows, Pigs and Jackpots
Author: David Trahair
Publisher: John Wiley & Sons
Total Pages: 125
Release: 2012-09-19
Genre: Business & Economics
ISBN: 1118083520

A contrarian and controversial look at personal finance, and a super simple strategy for making—and keeping—more money Traditional financial wisdom persuades us to grow our net worth and build our assets. But traditional financial wisdom is often wrong. In Cash Cows, Pigs and Jackpots: The Simplest Personal Finance Strategy You'll Ever See, author and Chartered Accountant David Trahair challenges everything we think we know about managing our money, suggesting that that we follow the lead of the financial institutions that are leading us down the path to financial ruin. The banks, brokers, and investment companies of the world make enormous sums of money because they know that cash is king and they know how to guarantee cash flow from their clients on a continual basis. They aren't making the bulk of their money from investing in the stock market—they're leeching it from regular people like you, every minute of every day. Cash Cows, Pigs and Jackpots turns the tables, showing that the biggest cash cow we have is ourselves. Instead of chasing a dream that will never come true, it presents a financial plan so simple even a 10-year-old could understand it. Explains why the common consensus about making money is inherently flawed Presents an incredibly simple, easy-to-follow plan for really making and saving money Exposes the dangers of trusting money to a bank or broker Helping you break asset addiction, get out of debt, and increase your personal cash flow—and your wealth with it, Cash Cows, Pigs and Jackpots explains how bringing more cash into your life and watching carefully where it goes will allow you to save more, live the life you want, and avoid as much risk as possible—a great strategy going into the stormy financial years to come

Smoke and Mirrors 2009

Smoke and Mirrors 2009
Author: David Trahair
Publisher:
Total Pages: 192
Release: 2008-12-15
Genre: Finance, Personal
ISBN: 9781551808444

This book will give Canadians the ammunition they need to fight back against the scare tactics and rule of thumb selling methods used by many banks and financial planners to suck money out of your pockets every day!

The Procrastinator's Guide to Retirement

The Procrastinator's Guide to Retirement
Author: David Trahair
Publisher: Cormorant Books
Total Pages: 140
Release: 2021-03-06
Genre: Business & Economics
ISBN: 1770866124

Let’s face it, planning and saving for retirement is not easy. We are told that the earlier we start the better and that the “magic of compounding” will make our dreams come true if we simply trust the stock market and our investment advisor. ​But for most people it’s simply not possible. People in their twenties are often saddled with student debt and may be struggling to find suitable full-time employment. Saving for retirement is the last thing on their minds, as it should be. ​Then in our thirties and forties we tend to do things like get married, have kids, and buy houses. All these things cost a lot of money! So for many people there simply isn’t any money left to put away for retirement. Therefore many of us become procrastinators when it comes to saving for retirement. ​But there is hope. This book will take you step-by-step though planning and saving for retirement starting in your fifties and the best way to fund your retirement years. It is designed for people approaching retirement who want to ensure it is comfortable and stress-free.