On to this week’s show with Kornel Szrejber!!
Financial Freedom or Independence or Security or whatever your goals are, there are many ways to get there.
I personally think having your home paid offer and one paid off investment property would be life changing for many. Having ten paid off investment properties would be even more so but not everyone is that ambitious.
Some are good with living a frugal lifestyle. The two people I met who I considered financially free before the real estate boom were frugal ppl. One with a couple Brock University student rentals and the other owned two triplexes in Toronto and lived in one. One drove a really old Mazda, the other didn’t even own a car.
Today we have Kornel who has found freedom mainly through boring, buy and hold exchange traded funds (ETFs for short). These trade like stocks and they track the movements of an index, sector, commodity, or a fund managed by professionals.
But like many of you he couldn’t stay retired for long and purchased a conference called the Canadian Financial Summit and made a success of it.
Not an easy feat in my experience but it helps when one hosts a successful podcast like Kornel does. 1.2 million downloads to be specific and the show is called Build Wealth Canada available anywhere one listens to podcasts. On his show, Kornel interviews finance experts for their best practices, tips and tricks for financial planning purposes.