DIY Wealth Canada Podcast

We had so much fun talking dividends last week that we decided to do it again. We cover some of our favourite stocks in the energy sector, pipelines, gold, REITs, and a whole lot more. Plus, a little look at a company that has quietly become a pretty interesting buy. For more on REITs, visit Bob's look at 5 of the best REITs in Canada

In this week's episode we talk stocks. Dividend stocks, of course.We cover a bunch of different names, including Telus, Canadian banks, Capital Power, Brookfield, and more. A great show for anyone looking for stock ideas.For more research on Brookfield Asset Management, visit Canadian Dividend Investing.

This week on the pod Bob and Nelson welcome a very special guest, Mike the Dividend Guy. He's one of the best dividend investors out there, so we're extra excited about this one.We discuss Mike's specific version of dividend investing, including why he places more of an emphasis on growth than most, the importance of what Mike calls the dividend triangle, and a whole lot more. Plus we answer the question so many of you are asking... do we wear pants while we record these pods?For everything Mike, make sure you visit The Dividend Guy Blog.

"Why don't y'all use a financial advisor?"This week's episode of the pod is a little more reflective than most. Bob and Nelson spend a lot of time talking about the 'how' part of DIY investing, helping to educate y'all on just exactly what we do and how we do it. This week's episode focuses more on the why, and why Canadians might distrust the financial advice industry.

This week on the pod Bob and Nelson tackle one of the toughest questions in the investing world. Just when should you sell a stock, anyway?The short answer is this. It's complicated and most investors suck at it. They sell when a stock gets back to break even, or when it hits some target price they've pulled out of the sky. We share some thinking that has worked for us. Maybe it'll work for you, too.

Just what should you do with your cash, anyway?We're not talking about investments here, but cash. That is money in your emergency fund, or that's been put aside for a big purchase in the next 6-12 months, or perhaps a reserve waiting to be invested.Most folks will default to the highest yield possible, or put their money into an asset that might appear safe but actually has hidden risks. This week on the pod Bob and Nelson dive deep into the world of cash, including a trick Nelson uses to maximize the yield on his cash without taking any additional risk.

One of the most common questions we get involves online brokerages. Which one should I use? Which ones stink?This week on the show Bob and Nelson attempt to answer this question once and for all, but the conclusion isn't necessarily the same for every investor. Some will want a lot of features, while others are just looking for free trades. We go through each and list the pros/cons, plus we each choose the one that we think is best overall.

This week's episode is one y'all won't want to miss. We turn things around a little bit with Bob interviewing Nelson. About what exactly? About how Nelson has officially failed at early retirement. He has a real job again.Nelson talks about everything that went into the decision, talking about the hardest parts of his early retirement, how it wasn't really what he expected, and the reasons why he embraced work instead of the many other hobbies he could've picked up.

This week on the pod Bob and Nelson reach into the mailbag and answer your questions. We cover such things as whether Telus can maintain that generous dividend, how to invest cash you might need 12 months from now, and we tackle the question that we both get the most, by far.Leave a comment to ask a question we'll use for our next Ask Us Anything episode.

Both Bob and Nelson are lucky that we've gotten a lot of good financial advice from trusted people right when it was needed most. But we've also gotten a fair bit of advice that's downright terrible. This week's episode talks about the worst of the worst as we go over some of the most damaging advice we've ever been given.The most interesting part is that one man's bad financial advice is often helpful for others...

"You can't have the majority of your portfolio in Canadian stocks. Don't you know that Canada is only 3% of the world's market?!?!?"This week on the pod Bob and Nelson tackle this question from a more contrarian perspective. We argue that the TSX is actually much more diversified than it first appears, and that some of the advantages to concentrating in one country outweigh some of the disadvantages. Agree with us? Think we're crazy? Let us know on the Twitter. Find Bob here, and Nelson is here.

This week on the pod Bob and Nelson discuss the death of the 60/40 portfolio, and how so many investors just don't hold bonds altogether. Is this a smart strategy, or are investors who move into 100% equity portfolios taking on too much risk?As always, you can get more Bob in your life by visiting Tawcan, and Nelson can be found at Canadian Dividend Investing.

This week on the pod Bob and Nelson dive into what is always a fascinating topic, just how useful is social media for investors? We go over the numerous pros and almost as many cons and end up at a conclusion that might surprise some of you.Make sure you hit that subscribe button so you never miss another episode. As well, check out Nelson's post about the pitfalls of social media here. Bob was traveling when we recorded this one, so forgive any poor audio quality.

They say defense wins championships in most sports, and we believe the same is true in investing. Those who worry about the downside ensure they live to see another day, and investing is all about survival.This week on the pod Bob and Nelson discuss risk management by pointing out the various things that mostly new investors are doing to try and maximize returns, get rich in a hurry, or to maximize their dividends. Playing defense isn't nearly as sexy as going for the gusto, but it's an important tool for any investor.As always you can find more Nelson at Canadian Dividend Investing, and Bob's finance-related thoughts live at Tawcan. Bob was traveling when we recorded this one, so we apologize for his end of the recording being a little lower quality.

This is the one y'all have been waiting for. One of the most common questions we get are about our top portfolio holdings. Readers and listeners want to know what we own and why we own it. This week we pull back the curtain and discuss our top holdings, including detailed analysis on why we've chosen these names. Don't miss this one and while you're here, hit that subscribe button so you don't miss another episode.

This week on the pod Bob and Nelson tackle one of the biggest financial mysteries for parents, RESPs. We tackle the ins and outs of the accounts, what you can do if your kids don't end up going to university, some more basic RESP strategies, and a whole lot more. For more on RESPs, check out Bob's massive guide to the account. It'll tell you everything you need to know. Bob was traveling when we recorded this episode, so his audio quality might not be quite as good as normal.And, as always, if you'd like more Bob in your life, checkout http://tawcan.com. Nelson's writing can be found at http://CanadianDividendInvesting.com

Dream of throwing off the shackles of your crummy job?Want to know how much it'll take to never have to work forever?In this week's episode Bob and Nelson talk about early retirement -- including just how much you'll need (spoiler alert: this question has no simple answer) and the pitfalls of a potential retirement that lasts longer than your working career. A must-listen for any potential early retiree in Canada.

Looking for monthly dividend income? This this episode is for you. Bob and Nelson discuss the pros and cons of monthly dividend stocks, helping listeners decide whether they belong in their portfolio. We then discuss a few of our favourite monthly dividend payers.If you're interested in a list of monthly dividend paying stocks, Nelson maintains one you can find here:https://www.canadiandividendinvesting.com/c/monthly-dividend-stocks

This week's episode is for the dividend investors out there! Bob and Nelson discuss a few of their favourite Canadian dividend stocks, but with the important caveat that different investors will have their own favourites based on what they're looking for.Make sure to give DIY Wealth Canada a follow so you never miss another episode, and check out both http://tawcan.com and http://CanadianDividendInvesting.com for more Bob and Nelson.

This week Bob and Nelson tackle a big mistake we see investors do all the time -- when they take simple ETF portfolios and feel the need to tinker with them, and how the financial industry enables this by creating so many similar products. The result? Portfolios with overlap, extra fees, and just plain underperformance. A must-listen for any ETF investor. Make sure to give DIY Wealth Canada a follow so you never miss another episode, and check out both http://tawcan.com and http://CanadianDividendInvesting.com for more Bob and Nelson.