Dividend vs Growth Investing, Rising Interest Rates, Withdrawing From Your Portfolio

Today, we’re going to tackle the debate of whether you should focus on growth vs dividends when it comes to your investing. Dividends are of course very popular. Everybody likes having that passive cashflow show up in their accounts, but are we limiting our net worth if we focus too much on dividends, as opposed to choosing a more balanced and growth-oriented portfolio?

In this episode, we’ll also talk about how to best withdraw money from your investment portfolio, and how to decide if you should be withdrawing from your equities, your bonds, or your cash cushion instead.

We also talk about changing interest rates, and the impact that you can expect them to have on your portfolio, as well as some tips on what to choose for the bond portion of your portfolio.

For this episode, I'm excited to have Ed Rempel back on the show, who is one of the top financial planners that I go to whenever I have questions or need a second opinion about my investments, financial planning or on how to minimize my taxes. He's been a Certified Financial Planner (CFP®) Professional for over 22 years, and he’s been a professional accountant for over 33 years with a CPA and CMA designation.

Personally, I found that when I ask him questions, his decades of experience as BOTH a financial planner AND a professional accountant really helps me feel secure that he has all the bases covered, as he has a holistic view from both of those worlds due to all that experience. He’s also written nearly 1,000 financial plans for Canadians over that time so he's truly as experienced as it gets in this field, and he has extensive knowledge on some of the higher-level investment strategies out there.