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DIY Wealth Canada Podcast

DIY Wealth Canada Podcast

By: Bob Lai and Nelson Smith
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Join hosts Bob Lai and Nelson Smith as they talk about wealth creation strategies, investing tips, and much, much more, all from a fiercely independent (and Canadian!) perspective.Bob Lai and Nelson Smith Economics Personal Finance
Episodes
  • Ep 46 - Retire (and Parent) Like a Millionaire
    Oct 26 2026

    This week on the pod Bob and Nelson are joined by Kristy and Bryce of Millennial Revolution.

    Kristy and Bryce are the OG Canadian early retirees, hanging up the proverbial skates more than a decade ago. They've kept busy with travel, writing, parenting, and so much more.

    We discuss their life as early retiree expats who have traveled to dozens of different countries, what it's like to travel with young kids, whether earning income as writers makes them truly retired (Kristy's response to this was terrific), and how lessons they learned about early retirement transferred to parenting as well.

    For more on Kristy and Bryce check out their site https://www.millennial-revolution.com/ and the Amazon page for their latest book, Parent Like a Millionaire. https://link.amazon/B0iPxQdqe.

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    55 mins
  • Ep 45 -- Bonds
    Oct 19 2026

    We know, we know. Bonds aren't a very sexy asset class. You're not about to impress a potential mate with your bond portfolio. They're boring and offer limited returns.

    But maybe things are changing. U.S. Treasury bonds are suddenly offering 5%+ yields, which is more than a lot of dividends. There's a certain appeal to putting all your money in Treasuries and heading to the beach.

    We discuss the pros and cons of that plan from a Canadian perspective, and offer a more balanced look at the role bonds might play in your portfolio -- including why they might be most valuable as a ballast, as a source of fresh capital to put to work when stocks are down.

    We also go over the dangers of chasing yield in the bond world, how what look like super generous payouts are riskier than they seem.

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    40 mins
  • Ep 44 - Rapid Fire Stocks, Money Smart Kids
    Oct 12 2026

    You want stocks? You got it!

    This week Bob and Nelson give our opinions on 10 different stocks, everything from U.S. tech giants to Canadian rails, plus thoughts on Enbridge, A&W, Intact Financial, Granite REIT, and more.

    Then, after that, we're tackling a subject every financially responsible parent has pondered at least once or twice -- just how do you raise money smart kids. We debate whether this important topic should be taught in schools, and what parents can do to give their children a leg up.

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    54 mins
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