Episode 11: Investing Part 3-Striking a Balance Between Risk and Return
In Episode 11 of Am I Rich Yet? Podcast hosts Georgia and her father, Rob, a retired financial advisor, discuss the third part of their five-part investment series focusing on risk and returns. Key discussion points include the relationship between risk and return, the dangers of speculation versus investing, and the long-term historical returns for various types of investments such as cash, bonds, and stocks. Rob emphasizes the importance of diversification, using mutual funds or ETFs with low fees, and maintaining a predominantly equity-based portfolio, especially for younger investors. The episode also touches upon the skepticism towards alternative asset classes and caution against using robo-advisors without understanding their profit motives. Lastly, Rob provides five key points to consider when building an investment portfolio.
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Episode 10: Investing Part 2 - Finding Your Investing Comfort Zone
In this episode of Am I Rich Yet, co-hosts Georgia, a Gen Z MBA student, and her father Rob, a retired financial advisor, break down risk tolerance and risk capacity in investing. Using a bell curve to illustrate conservative to aggressive profiles, they explain how understanding your risk profile leads to smarter investment choices. They discuss avoiding emotional decisions, and the long-term benefits of higher-risk investments. The episode wraps up with a practical test to help listeners assess their own risk capacity.
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Episode 9: Investing Part 1- Breaking Down the Big 6 Investments
Welcome to the Am I Rich Yet podcast! In episode nine, co-hosts Georgia, a Gen Z MBA student, and Rob, a retired financial advisor, delve into the essentials of investing in part one of their five-part investing series. They cover the six most common types of investments: cash and GICs, bonds, stocks, mutual funds, ETFs, and real estate. Tune in to understand the advantages and disadvantages of each investment type, and learn key takeaways for smarter money management.
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Episode 8: Savings Part 4 - How the Heck do I save?
To wrap up our savings series, Georgia and Rob answer your final round of questions: from building savings on a tight income to automating your goals and avoiding common traps. Whether you're just starting out or trying to level up your savings game, this episode gives you the clarity and confidence to make your money work for you.
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Episode 7: Savings Part 3 - The Smartest Account for Every Goal
In this episode of Am I Rich Yet, Georgia and Rob answer your questions about Canadian investment accounts, like when to use a TFSA, RRSP, or FHSA, and which account makes the most sense for your financial goals. Whether you're saving for a house, retirement, or just trying to grow your money smarter, we’ll help you match your goal to the right account.
Canada’s first finance-focused father-daughter podcast. Rob McClelland, who’s been one of Canada’s Top 50 Financial Advisors since 2015, sits down with his daughter, Georgia McClelland, a Gen Z navigating her own financial journey, to pass on his top advice for building wealth, avoiding money mistakes, and making smarter financial decisions at every age. Together, they help you spend, save, and grow your money smarter. New episodes drop every Tuesday.
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