Episode 139: The Dividend Investing Myth That Might Be Costing You More Than You Think

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Are dividends really delivering “free money,” or is there a hidden cost draining your portfolio’s potential?

If you’ve been relying on quarterly dividend checks to feel financially secure, you might be missing the bigger picture. While it can be tempting to assume blue-chip dividend stocks offer a safe, steady income stream, many investors don’t realize how those payouts affect share prices—and ultimately, total returns. This episode dives deep into the myths surrounding dividend investing, so you can understand exactly what happens each time that dividend hits your account.

A clearer view of dividend investing strategies can help you build a more efficient portfolio, whether you’re approaching retirement and seeking an income stream, or simply wanting to grow your wealth at any stage of life. Stop leaving your investments on autopilot and hoping for the best: let us show you the unintended tax consequences, missed growth opportunities, and the hidden trade-offs you may face when relying on dividends for stability.

What you’ll learn: 

• Discover why dividends aren’t always the “free cash flow” they appear to be.
• Learn how forced payouts can hinder long-term growth and flexibility.
• Uncover a strategic framework for balancing true stability with higher potential returns.

Press play now to protect your hard-earned money and unlock the real path to safer, stronger portfolio growth.

Resources:

• Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass here. 
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• Discover which phase of wealth creation you are in. Take our quick assessment and you’ll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.
• Dig into our Ultimate Investment Book List
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Calling All Canadian Incorporated Business Owners & Investors:

Consider reaching out to Kyle if you’ve been…

• …taking a salary with a goal of stuffing RRSPs;
• …investing inside your corporation without a passive income tax minimization strategy;
• …letting a large sum of liquid assets sit in low interest earning savings accounts;
• …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting cordporate passive income taxes at greater than 50%; or,
• …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

Dividend investing seems like the golden ticket to financial independence—consistent cash flow, blue chip stocks, and a “set-it-and-forget-it” strategy. But what if I told you that many of the benefits people chase are actually dividend myths? In reality, relying on dividend stocks alone can limit financial growth and lead to unnecessary tax implications, reducing net worth growth over time. Emotional investing often traps people into choosing dividends over high-growth stocks, without realizing they’re trading long-term wealth creation for short-term passive income. True wealth comes from a balanced approach—leveraging investment strategies like participating whole life insurance and high cash value life insurance for asset accumulation, financial planning, and corporate finance strategies that protect wealth while optimizing capital gains and tax efficiency. If you’re serious about wealth optimization and financial independence, it’s time to rethink your investment strategies and take control of your financial future.

Transcript:

Kyle Pearce: All right there, John. We are digging in here. And yeah, we’re talking about dividend investing. I’ll be honest. I have always been intrigued by dividend investing for a very long time because I’m also a real estate investor. And with real estate, it’s all about this idea of cash flow. And we talked about the three silver bullets early on in some of the earlier episodes back when Matt Bigley was with us on the podcast. So if you haven’t heard those, head on back there.

But with dividend investing, you know, it’s all about cash flow. And I want to say a little bit of safety. But what is it that we’re actually giving up when we take on say, a big dividend investment strategy? That’s what we want to dig into here. So we’re going to kind of go down the rabbit hole a little bit. And we’re going to chat a little bit about why you might consider

doing some dividend investing and maybe why you might actually think twice before actually going all in on this idea of dividend investing and full disclosure here. We’re not here to say never buy anything that has a dividend. That is not the intent of this conversation. It’s more or less about hyper focusing. There’s a lot of people out there that utilize dividend strategies and they’re all about the cash flow that it generates.

You know, I think when we reveal some of these ideas, I think some people are going to maybe think twice because I think there’s a bit of a myth going on. It’s almost like, you know, something you just miss in plain sight that’s going on when we purchase a company’s stock specifically for the dividend returns.

Jon Orr: Right, so if I am a dividend investor, and I’m confident with what I’m doing, most times what we’re trying to do, like you said, is we’re trying to capture growth. And maybe it’s not growth compared to say high growth stocks because we’re choosing blue chip stocks that have paid dividends over time and consistently pay those dividends. It’s part of your investment strategy because you’re saying, I’m picking a little bit safer. I’m going to trade, say,

the growth, but I also get the dividend. And if I do some calculations, part of the dividend strategy is that I’m looking at like almost like guaranteed income, you know? And if I’m in my accumulation years, then I think that by when I get paid out my dividend, I’m gonna reinvest that dividend and I’m gonna get more shares for that same amount of money. So this is where this idea of like, hey, I got some money from my stock.

But that money went right back in. I have more shares than I did yesterday when that dividend went out in my accumulation stage. But if I’m in my, say, my retirement stage where I’m living off my dividend portfolio, then that dividend, if I don’t invest in it, is now my cash flow. So if I can think of like, hey, I’ve got an average 5%, 6 % dividend rate here across my portfolio, and my portfolio is a reasonable size, then

That can seem like some money going in your pocket and you’re just saying, live off the dividends. it helps me with my financial situation, my lifestyle. And you can say, hey, my stocks are growing and I get paid a dividend every quarter that helps fund my lifestyle. So that seems great. And I think this is why I think people are going, hey, this makes sense. I don’t even have to think about it. Every quarter I get a payout. It’s like,

It’s like you said, compared to real estate, it’s like my cashflow in my pocket. But I think what we’re gonna, I want you to go into the details here because there are some myths around that and the understanding that really what’s happening when the dividend goes out and really what happens is when we say reinvested or where that money is really coming from. So let’s talk about that, but then we’ll unveil some of those problems and those myths, but then let’s specifically, by the end, know,

in a little bit when we get to the end of the episode, we’re going to talk about maybe some strategies that can mimic your dividend strategy or your dividend portfolio strategy and avoid these these kind of these these kind of problems that may may be there for you.

Kyle Pearce: Yeah, yeah, like before we even get into sort of the, you know, sort of the head fake that’s going on with dividends and like what’s really going on there. Something that is really important to note is that, you know, we are emotional. We talk about this a lot, right? Like what’s rational and what’s emotional are two different things. And here I’m going to argue that we actually don’t have a rational understanding of what’s going on with the dividends, which is problematic because like usually when you rationally understand something, emotions often still get in the way.

Well, here it’s like you think rationally that like, hey, we’re getting like some cash is a good strategy and it’s fairly safe. You know, it feels safe anyway, because usually these are more like blue chip companies been around for a while, they have a track record and they’re kind of at this phase where there’s cash flow in the business that they can pay out as a dividend. You know, all makes sense. All seems logical. But you know, we’ll get to why rationally, it’s not what you might think.

But also, something that can happen right off the bat is when you start thinking about doing dividends as a strategy. So we like to say it’s more of an emotional trap than anything. It’s not actually a strategy. People often start looking, and they shop. It’s like they go to the grocery store, and they start shopping around for dividend stocks. And I’ve done this. I’ve been there. I’ve been down that aisle of the market.

looking at all these and it’s like, look at this company. It’s like, this company has a 4 % dividend like that feels pretty good. Like every year if I just put like a dollar in, I’m gonna get like four cents back every year like doesn’t seem like well, if it’s a if it’s $100, I got $4 back. It’s like, that’s not bad. Plus, I’m hoping this company’s value goes up over time. I hope the share price goes up. So it’s kind of like win win. Real estate. It’s like I get cash flow plus the property

rises in value over time, typically, right? But when I look and I see, oh, this company that is like an 8 % dividend, I’m like, well, I want that one. Like, that’s a great company. So I look at that company. Well, what might be happening in the background, why there’s such a high dividend rate, it could be because this company is actually not doing so well. And actually, the share price is dropping. Because typically, you don’t see a company declare the first ever dividend, and they go,

We’re giving 8 % back. that very, like, I don’t know. I’d have to check if that’s ever happened. But usually, it’s much smaller dividend, right? They give a small amount back relative to the share price when they begin a dividend. But from there, there’s like a precedent set. It’s like, man, like we gave $1 per share back last quarter. We need to give at least $1 per share this quarter. Because guess what? If we only give $50

50 cents, guess what that says to the market? It says, we don’t have as much cash anymore. Like maybe this company isn’t doing well. And what do you think happens to the share price? Share price might drop, right? So they wanna keep giving that same dividend or better over time. The problem is, that over time, if things get tight, the market changes, they’re, you know, their business changes, whatever it might be, they might actually have to keep paying out this dividend and there might be signs.

that things aren’t going so hot. So if you want to see an example of this, like go back to when the automotive companies were going down back in 2007, 2008, right, before the great financial reset. When you go back to those ages, they were still paying out dividends. GM, in particular, was paying out a dividend, but wasn’t actually making any money to pay out a dividend. They were actually borrowing money in order to pay the dividend because they didn’t want to stop.

paying the dividend because there’s all these people that have these shares that are depending on the income every three months coming in through the the share or through the dividend. So all kinds of nuances can happen here and we can’t just blindly go and pick dividends. But here’s a reason why you might not even want to go shopping down that aisle in particular and rather looking at the market as a whole. And this is what’s really happening when we pay out a dividend.

Jon Orr: Yeah, give it to us. What is really happening when we pay out a dividend?

Kyle Pearce: Yeah, yeah. and you and I even had like, you know, we had to almost get our heads on straight before this episode just to kind of go like, like, what is really happening? Because, you know, again, this emotional trap, it’s not a rational trap, it’s an emotional trap, where you’re looking at it going, Okay, if I have a company that’s paying out, let’s say $1 every quarter, okay, it pays out $1 dividend every quarter. And let’s pretend for a second that the share price

is $100 nice and easy for us to play with here. What’s really happening is like on the day before the dividends paid like the company is trading at say $100 and then they pay out the dividend and that dividend of $1 actually brings the share price down like you will see in every dividends you know dividend stocks history you can actually look and you can see that when the dividends paid out there is a drop and

You know, and that’s sort of like, if we think about this, it’s like, it’s not actually free money, like you’re trading in some of the value of that share in order to get that dividend, which would be equivalent to selling a little bit of shares of another non dividend paying company. Like the reality is it’s net the same, but right now, rationally, you’re probably thinking,

No, that can’t be true. I thought it was like I was getting free cash flow. The thing that doesn’t happen on my rental properties, when I get the cash flow at the end of the month, the property value doesn’t fall by what my cash flow is. And that’s something that is happening here with dividend stocks, whether we like it or not.

Jon Orr: It doesn’t drop. Yeah. Yeah.

So when it drops on say that day and I’m forced to take my cash flow, I take my dividend, right? I’ve got that now in my pocket. If I’m reinvesting, I’m buying back at the lower rate, is that the case?

Kyle Pearce: Exactly, exactly. So if you figure it and you go, okay, well, in the case of, know, you know, in this $100 share case, and we paid out $1, now the share price worth $99, right, but all of my shares are worth $99. So let’s let’s pretend I only

Jon Orr: Right. All of them. And I don’t have enough to buy all my, like I have, I’ve only been, I still have a hundred shares. Let’s not, let’s not make, right. So I didn’t lose any shares.

Kyle Pearce: 100%. We don’t lose any shares, but we lost value, right? So like my portfolio, like here’s another way to think of it. It’s like if my portfolio is worth $100 before the dividend pays out, right? It’s worth $100. Then the dividend, and note that there’s no cash in my brokerage account, OK? So no cash is sitting there. And then all of a sudden, the dividend pays out. Now the shares are worth $99. And then

that dividend is now sitting in cash, the value of my portfolio is still the same. The only difference is I still have the same number of shares, but the share price is now less make making my actual invested capital less. And now I’ve got money sitting on the sidelines, which is equivalent to me selling the same amount of shares of any other non dividend paying company and letting that money sit in cash. So

That money is essentially, I can then take that money and reinvest it through a drip, like a reinvestment program, where they do a dividend reinvestment program. They buy more shares. If let’s say you only have enough for a partial share, typically they’ll give you a partial share of that amount. So it’s like, great, I just bought another share. Now the number of shares have gone up, but my actual value of my portfolio?

is exactly the same. Now we’re pretending like markets have stopped and there’s no like up and down of the markets, of course, but we’re talking about the actual impact from the dividend. You are at net zero, you’ve just lost value in shares. And now you might choose to either spend that money, which is like selling some shares, or you can buy more of the same share. Now I have more shares, but I have the same amount of value in those shares.

Jon Orr: Yeah, you’re right. Yes. Right, right, and it’s, you can see, I think because of the fluctuations, right, because of the volatility in your stocks and the stock market, you don’t see that decline, right? Like you just say, hey, some days we’re up, some days we’re down, but generally we’re going up. And therefore, that’s great, but I also get this money in my pocket. So overall, you’re saying, hey, my appreciation, like if we’re comparing it back to real estate, is going up.

on average over the course of this time, but I’m putting money in my pocket along the way. You’re saying that those small, you know, there’s declines that are happening on the day of the dividend, which means you have no overall gain that you’ve made. You’ve your money in your pocket, which means that the company forced you to sell or take value from your portfolio and put it in cash format instead of stock format. So you traded value for cash.

And maybe you didn’t want to trade, maybe like you obviously as a dividend paying, if you’re in it for the, I’m gonna get my dividend and then reinvest it, then that part really in a way doesn’t make sense the way you’re saying it because I traded value for cash, but then I put it back in. So I’m no better off. If I want the actual cashflow, then I’m forced to take it because of the dividend. And that might be great because I forced to take it and I didn’t have to think about it. It came in my pocket. I get to live off of it. get to like, you know, also rely on it.

But if I looked at say not a dividend stock and I looked at say an ETF strategy, I can still capture safety, I can still capture growth in a way. And if I plan to sell shares at certain times during the year, can regain say that same amount of cash flow in a way if I compared it to the dividend stock. So it feels like you’re saying you’re not better off

versus having a dividend, you know, paying stock portfolio as a strategy, then say using some of the other strategies that we’ve talked about in previous episodes specifically around ETF strategies. Talk to me about the tax efficiency here, because if I’m forced to take that, like get that dividend, that’s now income in my pocket, which I now have to pay tax on. Maybe, yeah, yeah.

Kyle Pearce: Yeah, exactly. Unless these are in Yeah, if they’re in your tax free savings account, if it’s inside your our our SP, you might not have to pay tax when this happens. However, again, like you have to also, you know, and once again, full disclosure, we’re not saying like avoid dividends at all costs, because if I hold the S &P 500 spy SPY, some of the companies right in those 500 companies do pay a dividend. So the the spy pays a dividend, whether I like it or not, the only difference is

is that I’m much more diversified where I get a lot of growth and I get some dividends. Now those dividends are a low percentage amount, but that’s going to happen whether I like it or not, right? So I’m not going to go out of my way to avoid all dividends at all costs, but we’re just trying to say that, you know, you don’t want to necessarily be leaning on a dividend only strategy because like you had said, you’re sort of at net zero. Now over time, as you accumulate more shares,

you’re gonna get more dividends based on those shares, but the growth of that company can also be a hindrance, right? So as we pay out cashflow, typically we’re paying out cashflow and therefore the growth of the company itself isn’t going to be the main focus. It’s gonna be about getting cash out to investors. So when you talk about tax efficiency, one of the negatives that can happen is if we’re in an unregistered account,

or if it’s inside of my corporate structure, right? And I’m actually earning dividends. Now, there’s nuance to if they’re Canadian dividends, you get a little bit of a, you you get sort of a tax advantage there. But once again, we know the Canadian market itself is not exactly like the most stellar market out there, right? It’s a very small market relative to other global markets, specifically the US. So it’s not necessarily like worth it, quote unquote, to put a ton of money into say Canadian dividends.

If your ultimate goal is like growth, like if your ultimate goal is growing your investment and being tax efficient, it’s probably still not going to make a whole lot of sense. Like if I’m actually forced to take these dividends, even if I’m going to go and reinvest it into the same stocks, I still have this tax implication that I’m like taking on income, whether I like it or not. And you would also mention, like even if you wanted cash flow as a retiree, you’ve got to wait.

three months every time for them to pay you versus say just selling a little bit of your portfolio every month or every you know, couple of weeks or whatever it is that you want to do the strategy that you want to do here. Ultimately, there’s not as much tax benefit, let’s say to a dividend strategy as some might think a lot of people think hey on X number of dividends

I will get tax efficiency. And there are some like gaps there where there can be a little bit of efficiency, but not really when you compare to an equity portfolio. If we pretend there’s no dividends involved at all for a second, and we were just to sell some of our portfolio and we were to take some as a capital gain, we were to take some as our original adjusted cost basis. So some of our actual invested capital. Well, I don’t get

in you know, I don’t get charged on the invested capital portion. I get charged on the capital gain portion. Since capital gains are only taxed at 50 % of the capital gain. If you think of it this way for every $2 I take out if $1 is my own money and the other dollar is the capital gain. I only get taxed on 50 cents of the full $2 right I get taxed on 25 % of the money I’m now taking as income.

which then shows up on my income tax. Now don’t get confused. That doesn’t mean 25 % tax bracket. 25 % of that amount is taxable on my income tax return at a personal level. There’s nuances of course at a corporate level as well, but there’s still efficiencies that can be made when we do that type of selling inside the corporate structure as well.

Jon Orr: Okay, so we’ve been trying to kind of talk about, know, talking about the myths around the dividend investing portfolios and relying on that as a, hey, a safe measure but also a growth measure because people I think are choosing it to say, have, a way I’m growing but I’m not say as risky as choosing stocks over here that are high growth. And so what you’re saying is that

because you’re dividend paying, you’re in a dividend paying stock and when that dividend is issued, we’ve lost, we’ve traded value for cash. And if I do reinvest it, we sometimes had that, and this is the myth, right? We had this idea that we’re compounding this and we’re gonna grow more shares because we’re reinvesting this. But you’re saying that you’re trading the value though for that effect. And therefore, if you compared it to say,

non dividend paying where you’re looking at higher growth, you’re never going to beat them like in a way you’re never going to beat that. but I think the other aspect of why people would choose to have a dividend paying strategy or dividend stock paying strategy is to say, I’m in those safer stocks, like I’m there, I’m safe. I

I know it’s generally more safe than, the high growth. And I feel like I’m compounding. So we’ve kind of debunked this compounding effect happening. We’re not, say, we’re net zero compared to, say, this reinvestment strategy. So let’s talk to us about the idea of safety in terms of these stocks and what maybe could we do here to kind of offset that, to have the same effect of I can trim. I can trim stock to create cash flow when I want. So we’ve talked about that as having a different strategy, but then how do I combat the safety part?

Kyle Pearce (23:02.368)

Yeah, and you know, with the safety part, it’s very, I mean, I think it’s natural to understand you go, you know what, most of these companies that are paying a dividend have been around for long enough where they have sustainable cash flows that they can actually make sense to declare a dividend, right? Like once they declare a dividend, it’s like we’re confident moving forward, we’re going to be able to pay at least this amount per quarter. And the idea for shareholders, we want that to go up over time. We also don’t want the

price of the share to go down over time. Now there is the blip every time we pay the dividend. There’s that blip down, but we just want to see general improvement, general increasing share price over time and dividend price over time. However, typically you’re not going to see the same amount of growth as you might see in growth like equities, right? Here we have BCE, which is Bell Canada. We’re recording this in February of 2025.

And you can see where we’re hanging out right now. And I just wanted to highlight here this D on the screen. You can see the dividend of just shy of a dollar was paid out on Monday, December 16th, 2024. You’ll notice the day prior, we closed at about $36 and 33 cents. And when we opened the next day, it was at about $34 and 70 cents. So you can kind of see that gap.

down here and that will that’s true for all of these dividend payouts right so if you’re on youtube with us you can kind of follow along but let’s talk about safety like i remember bell canada when i was a kid you know most of our parents had bell around when they were kids like it’s a company that’s been around for a really long time but if we zoom out on this company like bell was always this company that was considered this blue chip

company. But yet if we go all the way back to February or April of 2022, the share price was $74 here, I’m going to bring my measuring tool out $74. And the dividend was in the 90 cent range as well, right? So that, you know, it was like, okay, still paying a dividend. Now it’s paying a slightly higher dividend, but we look at the price, and it’s at $33 and change. It’s down 55%.

All right, when we look at that, now, of course, I’m so cherry picking here, I cherry picked the top, cherry picked the bottom. Some people might say, you know what? Buying BC right now would be a great move. And if you truly believe in that, in that this company is going to keep doing well, rock and roll. What I can see, though, from our trends here, I see we’re way under the 200-day moving average.

I see we’re way under the 50 day moving average and it looks like every time it challenges the 50 day moving average and the 200 day moving average, it keeps getting rejected. It just did it a couple days ago it looks like and then rejected again. So is this like a safe place for me to put my money? Well, if all I care about is a dividend and if you’re strongly believing that they’re gonna always be able to pay the dividend, then rock and roll, know, like that, that’s fine. But what we’re saying is that

It’s not actually as safe as we might think, especially if we have to stock pick with these companies over time, right? Now, some of you might say, well, OK, well, I’ll just do an index dividend fund, like a dividend index fund. You totally can do that. But what’s that do? It gets you a basket of dividend paying stocks, which are all going to grow at lesser of a rate than, the total market.

and they’re going to pay out at lower dividend rates overall, right? Because they’re going to average all these dividends out and so forth. And your net result is going to be less gain over time with less risk. Of course, that’s what happens when we index, right? If you pick the right stock, you rule like you’re going to be great. You’re going to have a great time. But if we pick the wrong stock or we keep the wrong stock for too long,

we can run into scenarios like this. So while I still get my dividend every three months from BCE, my portfolio or the allocation of my portfolio that might’ve been directed towards BCE is now worth less than half of it it was two years ago. So my question then becomes is like, what is my goal? And what we like to offer to people to consider is that if you’re in it for growth,

then stick to growth. you’re in it for safety, then get something that’s going to be truly safe for you and is going to create that income. So for us, we rely on participating whole life insurance as that safety bucket. And we actually leverage our insurance policies so that we can buy more equity ETFs, real estate, and other growth assets. We’re not going to play in the middle and focus on dividends where we want a little bit of safety,

a little bit of growth and a little bit of cashflow. And it’s like, you’re taking on more risk than it’s worth in order to get those benefits. So what we’d rather do is we’d like to get something that’s rock solid. There’s our policy and things that are over time going to grow, which is more like equity ETFs, well diversified, both in the US and globally. And we try to use those two tools.

interchangeably as we work towards our financial independence numbers. But over time, we’ll probably end up leaving more in the safe bucket once we’re ready to start pulling that quote unquote dividend like income that guaranteed income that we’re after knowing that my policy will never go backwards. It’ll only go forwards. And I can still have my equity.

ETF portfolios, my real estate, my other risk on assets there to continue growing so that as I take income, I’m not seeing my net worth dwindle like we see in so many retirement plans that are out there. So that’s sort of our pitch for, you know, why dividend investing as a strategy is really more of a myth than it’s worth and how you might consider some other alternatives in order to do this thing better.

Jon Orr: Yeah, like I think you hit the nail on the head there because you painted a very clear picture here about some of the things that we take for granted when we think that we’re going to have a strategy that involves dividend paying stocks. I think the big takeaway here for me was thinking that we’re going to compound, say, this faster.

because of the cash flow that’s now getting reinvested or I get to have the reliability of the cash flow, one or the other, right? Because you’re either gonna invest it or you’re gonna take it. But really what you were doing is you were selling, you were trading your value of your shares for that cash flow. Whereas I think most people think that you’re getting both, like you’re getting cash flow and the value goes up, which is not true on those days. Like over time, the value will go up, but it wouldn’t be going up as much if you weren’t taking that dividend.

so therefore you’re, making that trade. so if you want to trade for cashflow, then why not design a, another strategy that kind of allows me to have a higher growth and gives me that cashflow when I need it. like you said, our strategy is, is using, you know, our leverage against our whole life policies to make sure that we are in high growth so that we capitalize that. And we can trim when it’s needed because we can avoid, you know, the issues around those dividend paying stocks, but also we can make sure it’s optimized tax wise as well.

Kyle Pearce: Well said there, John. Friends, if you’re an incorporated business owner, note that we have an awesome retained earnings masterclass for you. So if you’ve got retained earnings and you’re not sure what to do with it, or you’re plowing it into GICs or into maybe it’s dividend stocks and so forth, let’s make sure that we get your strategy down and make sure that you’re set up for the greatest success both now and in the future. So head on over to CanadianWealthSecrets.com forward slash masterclass.

You can hop into that masterclass. For those who are listening, you may be a T4 employee or you may be an incorporated business owner. You can head over to our Pathways Assessment to get on track for your wealth building journey. Head on over, answer a couple questions and we’ll point you in the right direction. That’s over at CanadianWealthSecrets.com forward slash pathways.

Jon Orr: All right, Canadian Wall Secrets seekers, we’ll see you next time.

Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

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