Welcome to the Unconventional Wisdom podcast. The show that helps you achieve financial security & freedom. Insights based on in-depth experience from Canada's #1 financial planner blogger. Find out what really works. Your host, fee-for-service financial planner & tax accountant, Ed Rempel.
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Ed-tech social entrepreneur, author of Dr. ENGLISH, CEO of SDI Academy. Passionate about social innovation and technology
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Are you ready to shatter the status quo and unleash your full potential as a property and casualty insurance agent? Welcome to "P&C Maverick - Unconventional Wisdom For Quantum Gains," the podcast that dares to challenge the norms and deliver game-changing insights for ambitious agents like you. Each season, join host Craig Pretzinger as he explores a powerful motif and dives deep into the unconventional strategies and mindset shifts that separate the top performers from the rest of the pack ...
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Who Are the Wealthy and How Did They Get Rich?
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As a financial planner, I’ve had a unique view into the full financial picture of thousands of Canadians and have read countless studies. My experience spans clients of varying financial backgrounds, as well as countless conversations with readers of my blog, friends, and acquaintances. Although our clients may not represent the entire population—t…
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The online Canadian Financial Summit is coming up the week of October 25-27. It’s the #1 personal finance event of the year. As a reader of the Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks for 48 hours. I’ll be one of the speakers again this year with three talks (see …
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Tax Brackets for Parents & Seniors Are Way Different Than You Think!
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Tax brackets for parents and seniors are way different than you think. This might be a real eye opener for some people because I think a lot of people that do some basic tax planning are doing it all wrong. In my latest podcast episode I'm going to give you a tax planning made easy using tax brackets. I'm going to show you how, some basics of tax b…
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Do You Need Savings in Addition to a Government Pension Like OMERS?
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When planning for retirement, many Canadians rely on a government pension like OMERS (Ontario Municipal Employees Retirement System) as their foundation. Do you need savings in addition to your government pension to maintain the lifestyle you want? A buddy called me from his car and said, “I’m driving. Will I get to my destination on time?” I asked…
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Dividend Investing Perfected with Self-Made Dividends (Canadian Financial Summit 2023)
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In the vast landscape of personal finance, dividend investing has carved out a significant niche. Whether you're browsing through countless blogs or hearing investment advisors champion its benefits, it’s clear that dividend investing is a popular choice, especially with the FIRE (Financial Independence, Retire Early) community. However, a closer l…
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Smith Manoeuvre In A Financial Plan & The New OSFI Rules (Canadian Financial Summit 2023)
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The Smith Manoeuvre is an efficient strategy to use your home equity to invest for your future without using your cash flow, while converting your mortgage into a tax-deductible debt. If you do the Smith Manoeuvre, understanding the new OSFI mortgage rules is crucial. In this podcast episode with Barry Choi, I break down what the changes mean and h…
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How To Design Your Retirement Income: An Overview (Canadian Financial Summit 2023)
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With the Canadian Financial Summit coming up at the end of October, I wanted to share over the next few weeks content that Summit attendees had access to last year. When you register you get access to talks like these, plus a myriad of other speakers who are some of Canada’s top financial experts. I’ll be promoting the Summit and giving away free t…
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Most people struggle with money. It might feel like you’re the only one who doesn't have it all figured out, but trust me, you're not alone. Over the last two months, I've had countless conversations with individuals just like you who are grappling with various financial concerns. In my latest podcast episode, I share 25 common worries and question…
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Here are three key insights that I believe are essential for navigating the rest of the year and beyond. These insights are grounded in the principles that have guided our successful financial planning and investment strategies. The three key areas: Some timeless truths that guide our financial planning, a few observations on the markets so far thi…
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Top 5 Hacks To Maximize Your Child's RESP
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Many people are saving for their kids’ future education costs in an RESP. For some parents, it is a higher priority and they want to be able to maximize the benefits of an RESP - not just contribute the standard $2,500/year for each child. In my latest podcast episode I talk about the five hacks to maximize your child’s RESP. You’ll learn: How much…
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What Happens if the Liberals Attack the Smith Manoeuvre?
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The Smith Manoeuvre has long been a popular strategy for Canadian homeowners seeking to convert their mortgage debt into tax-deductible investment debt. However, recent tax and regulatory changes have impacted the efficacy of the Smith Manoeuvre, and further changes from the Liberal government could pose additional challenges. In my latest video I …
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Send us a text In this episode, we delve into Law 44: Disarm and Infuriate with the Mirror Effect. Discover how reflecting your clients’ behaviors and emotions can build stronger connections and turn even the toughest meetings into success stories. Key Takeaways: Emotional Echoes: Mirroring Mike vs. Angry Andy: Learn from Mike, a newbie agent who s…
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Send us a text Today, we're exploring Law 43: Work on the Hearts and Minds of Others. Discover why in our industry, logic might attract clients, but it's emotion that keeps them loyal. Dive into the art of connecting on a deeper level and see how empathy can transform your client relationships. Key Takeaways: Emotional Connection: Logical Larry vs.…
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Send us a text Let's explore Law 42: Strike the Shepherd and the Sheep Will Scatter. Discover why tackling the biggest issues can solve numerous smaller problems and lead to transformative change in your insurance agency. Key Takeaways: Address Core Issues: Learn from Tactical Tina, who realized that her agency’s numerous small problems stemmed fro…
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Have you ever wondered how long you might live? Understanding life expectancy is crucial for planning a secure and fulfilling future. In my latest podcast episode I explore the dramatic changes in life expectancy over the past century, why it's expected to continue increasing, and how this impacts your retirement planning. You'll learn: Has life ex…
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Send us a text Today, we dive into Law 41: Avoid Stepping Into a Great Man's Shoes. Discover why trying to fill someone else's shoes might leave you with blisters and how to carve your own path in the insurance world. Key Takeaways: Embrace Your Unique Path: Learn from the story of Successor Sam, who struggled to replicate his predecessor's style, …
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Send us a text Today, we delve into Law 40: Despise the Free Lunch. Discover why the seemingly sweetest deals in insurance can leave a bitter aftertaste and learn to navigate the hidden costs of freebies. Key Takeaways: Understand the Hidden Costs: Learn from Freebie Freddy’s cautionary tale about accepting free offers that seemed great initially b…
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Send us a text Today, we're diving into Law 39: Stir Up Waters to Catch Fish. Discover how to create productive chaos to engage clients and spark conversations in the insurance world. Key Takeaways: Productive Chaos: Learn from Disruptor Dan’s story about turning a sleepy insurance office into the talk of the town with strategic controversy and eng…
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TFSA or RRSP? – The Right Answer for You (2024)
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Deciding between a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP) can be one of the most challenging financial decisions you'll face. Each has its benefits, and the right choice depends on your unique financial situation. In this post, I'll guide you through understanding the factors that determine whether a TFSA or…
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Send us a text Welcome back, undercover agents! Craig Pretzinger here, and in today’s episode of "P&C Maverick: Unconventional Wisdom For Quantum Growth," we're diving into Law 38: Think as You Like, but Behave Like Others. Learn how to blend in while introducing groundbreaking ideas in the insurance world. Key Takeaways: Strategic Conformity: Disc…
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Send us a text In this episode, we delve into Law 44: Disarm and Infuriate with the Mirror Effect. Discover how reflecting your clients’ behaviors and emotions can build stronger connections and turn even the toughest meetings into success stories. Key Takeaways: Emotional Echoes: Mirroring Mike vs. Angry Andy: Learn from Mike, a newbie agent who s…
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Send us a text Let's uncover Law 37: Create Compelling Spectacles. Forget boring insurance pitches—learn how to transform your client interactions into unforgettable experiences that resonate long after the confetti settles. Key Takeaways: Memorable Experiences Matter: Discover how creating spectacles—like mock disasters or virtual reality risk ass…
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Send us a text Get ready to flip your world upside down with another powerful lesson as we dive into Law 36: Disdain Things You Cannot Have, Ignoring Them Is the Best Revenge. We'll explore how adopting a mindset of strategic indifference can transform your approach to client relations, negotiations, and even office politics. This isn't about ignor…
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Send us a text In insurance, as in comedy, timing is everything. Are you delivering your punchlines at the right moment? Today we're diving into Law 35: Master the Art of Timing. In this episode, we'll discuss how perfect timing can make or break your success in the insurance industry. We'll explore the power of patience, the importance of striking…
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Send us a text In the game of insurance, perception is reality. Are you a pawn or a king on this chessboard? Today we’re diving into Law 34: Be Royal in Your Own Fashion. Act like a king to be treated like one. In this episode, we'll explore how carrying yourself with confidence and authority can dramatically change how you're perceived in the insu…
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Send us a text Ever wondered why that stubborn client finally agreed to a policy upgrade? Today we’re diving into Law 33: Discover Each Man’s Thumbscrew – or as I like to call it, the art of making people say yes when they really want to say no. In this episode, we’ll explore the psychology of human motivation and how understanding people’s hidden …
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How To Have a Long Lifespan, Healthspan & Wealthspan With 3.0 Level Thinking
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How long should you expect to be retired? You want your money to last the rest of your life. How long will you live? What quality of life will you have? What will your lifestyle cost you when you are older? What if you could: Live longer (long lifespan). Be healthy longer (long healthspan). Have financial freedom longer (long wealthspan). In my lat…
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The Fantasy Blueprint for Insurance Sales
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Send us a text Join me as we dive into Robert Greene's 48 Laws of Power with Law 32: "Play to People’s Fantasies", and today we're exploring how understanding and leveraging the power of fantasy can elevate your insurance sales game. Key Takeaways: Fantasy Over Reality: People often prefer fantasy over reality, even in practical matters like insura…
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How To Create a Financial Plan That Is Your Life Plan - Interview with Kornel Szrejber
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I recently worked with Kornel Szrejber, host of Canada’s #1 financial podcast “Build Wealth Canada”, on his family’s financial plan, so he could feel confident about his retirement. Kornel retired in his 30s, but he was starting to feel anxious because he wanted to make sure he wasn’t overspending. This podcast interview is a Q&A between the two of…
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Send us a text Join Craig Pretzinger on the P&C Maverick Podcast as he decodes Law 31 from Robert Greene's 48 Laws of Power: Control the Costly Emotion of Anger. Discover how mastering emotional discipline can elevate your strategic prowess in high-stakes environments. Key Takeaways: Emotional Mastery: Learn why maintaining composure under provocat…
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Send us a text In this episode of the P&C Maverick Podcast, Craig Pretzinger explores Robert Greene's Law 30: Make Your Accomplishments Seem Effortless. Discover how projecting a naturally confident aura can enhance your influence and command respect in the industry. Key Takeaways: Radiate Confidence: Learn why displaying your achievements with cas…
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Send us a text In this episode of the P&C Maverick Podcast, Craig Pretzinger dives into Robert Greene's Law 29: Plan All the Way to the End. Learn why meticulous planning is essential for transforming bold visions into reality and how strategic foresight separates true industry leaders from the rest. Key Takeaways: Strategic Planning: Boldness with…
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Send us a text In this episode of the P&C Maverick Podcast, we explore Robert Greene's Law 28: Interaction with Boldness, and its game-changing impact on the insurance industry. Let's dive into why embracing boldness is essential for breaking free from complacency and achieving extraordinary success. Key Takeaways: Overcome Complacency: Boldness se…
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Send us a text Welcome back to the P&C Maverick Podcast, where we explore the 48 Laws of Power and their applications in the insurance industry. Today we're diving into Law 27: Create a Cult-Like Following. In this episode, we discuss the transformative power of rallying your team around a shared vision and set of principles. Discover how to turn o…
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Send us a text Welcome back to the P&C Maverick, where we delve into the 48 Laws of Power and how they apply to the world of insurance. Today we're exploring Law 26: Keep Your Hands Clean. In this episode, we uncover the importance of maintaining moral and reputational high ground while achieving your objectives. In the insurance industry, influenc…
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How to Successfully Implement the Smith Manoeuvre (Ed Rempel interviewed by Sean Cooper from "Burn Your Mortgage")
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You know the basics about the Smith Manoeuvre. It’s one of the most effective wealth building strategies if done by the right people in the right way over the long term. My latest podcast episode can be found on Sean Cooper’s “Burn YourMortgage” podcast on YouTube and his website www.BurnYourMortgage.ca, and you can listen here too. You’ll learn: W…
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Send us a text In the rapidly evolving world of insurance, staying ahead requires constant reinvention. Welcome back to the P&C Maverick Podcast, where we delve into Robert Greene's 48 Laws of Power and their relevance to our industry. I'm your host, Craig Pretzinger, and today we're exploring Law 25: Recreate Yourself. In this episode, we uncover …
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Send us a text In the competitive world of insurance, navigating power dynamics is crucial. Welcome back to the P&C Maverick Podcast, where we explore Robert Greene's 48 Laws of Power and their application to the insurance industry. I'm your host, Craig Pretzinger, and today we're diving into Law 24: Play the Perfect Courtier. In this episode, we'l…
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Send us a text In the realm of insurance growth strategies, focus is your most potent weapon. Welcome back to the P&C Maverick Podcast, where we dissect the wisdom of Robert Greene's 48 Laws of Power through an insurance lens. I'm Craig Pretzinger, your host, and today's law in the spotlight is Law 23: Concentrate Your Forces. In this episode, we'r…
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Send us a text In the world of insurance, weakness is not always what it seems. Sometimes, embracing your vulnerabilities can be the key to unlocking your true strength. Welcome back to the P&C Maverick Podcast, where we explore the 48 Laws of Power and how they apply to the world of insurance. I'm your host, Craig Pretzinger, and today we're divin…
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Send us a text In this episode, we'll discuss the counterintuitive strategy of playing dumb to gain an advantage in insurance negotiations. We'll explore the benefits of letting others underestimate you, the importance of active listening, and how to use this law to gain valuable insights and close better deals. In the competitive world of insuranc…
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Send us a text In the world of insurance, loyalty is a double-edged sword. Knowing when to commit and when to remain flexible can make or break your success. Welcome back to the P&C Maverick Podcast, where we explore the 48 Laws of Power and how they apply to the world of insurance. I'm your host, Craig Pretzinger, and today we're diving into Law 2…
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How to Avoid or Minimize Extra Tax from New Higher Capital Gains Tax
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You may have heard that we just had a new budget here in Canada, and increased the taxes on capital gains. Canadians with a rental property, cottage or investments and their tax advisors are scrambling to figure out what to do before the deadline of June 25, 2024. Here are the questions we’ll cover in this latest podcast episode: What is the new hi…
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Send us a text In this episode of PNC Mavericks, Craig Pretzinger dives into Law 19 from Robert Greene's "48 Laws of Power": "Know who you're dealing with. Do not offend the wrong person." With practical insights and anecdotes, Craig explores the importance of understanding people in the insurance industry. Craig emphasizes the need to grasp motiva…
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You may be thinking – what difference can I make in the world? As a financial planner I talk a lot about money, however, it’s not really about the money itself, but what it does for your life – how to live well, retire comfortably, and give back. In my latest podcast episode, I give you some ideas to help you choose causes that matter to you, as we…
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Send us a text In this powerful episode of the P&C Maverick podcast, host Craig Pretzinger dives into Law #18 from Robert Greene's "48 Laws of Power": Do not build fortresses to protect yourself – isolation is dangerous. Craig explores the crucial role that timing and reputation play in building a successful and influential career in the insurance …
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Send us a text In this powerful episode of P&C Maverick, host Craig Pretzinger explores the game-changing potential of Law #17 from Robert Greene's "48 Laws of Power": Keep others in suspended terror: cultivate an air of unpredictability. Craig shares insights on how to strategically use leverage, adaptability, and calculated risk-taking to keep co…
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It’s easy to outperform financial advisors. Why? Conventional wisdom is they underperform because of fees, but there is a bigger reason. They don’t even try to outperform. They try for: “Reasonable return with less risk”. Financial advisors are mainly salespeople, not financial planners. They are more likely to lose a client because of a 30% 1-year…
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Divorce is never financially smart! As a financial planner, I don’t recommend divorce. It’s bad for your finances! However, you can go through it in the most financially smart way – to leave both of you in the best possible position. We have seen quite a few people go through divorce. We’ve seen some total disasters, fighting for years through lawy…
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Send us a text In this intriguing episode of P&C Maverick, host Craig Pretzinger explores the counterintuitive power of Law #16 from Robert Greene's "48 Laws of Power": Use absence to increase respect and honor. Craig shares insights on how to strategically use absence and scarcity to build intrigue, influence, and perceived value in your insurance…
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