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AN INSIDE LOOK AT CANADIAN CONSUMER DEBT (EP.14)
In Episode 14 of the Rational Reminder podcast we were joined by Martin Parizeau, a retired banking executive with extensive knowledge of Canadian consumer debt, and a PWL client. We discussed the following:
The start of the ETF boom
When proponents of active management realize they should index
Cutting wasteful expenses without sacrificing happiness
Pulling off a successful downsizing
Housing is not an investment
The real cost of owning a home
Defining the ideal lifestyle
Digging into Canadian consumer debt levels
The real debt to income ratio for debtors in Canada
Is mortgage debt always…
The skinny
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