What role do expectations and consumer culture play in shaping our financial well-being? How can we make smarter, long-term decisions that align with a meaningful life rather than short-term gratification? What lessons can we draw from those who’ve found financial independence through simplicity and intentionality? These are just a few of the powerful questions explored in today’s episode.

Marcelo Taboada sits down with acclaimed La Presse journalist Nicolas Bérubé to explore the deeper intersection between money, happiness, and our daily decisions. They examine popular topics from Nicolas’ widely read weekly financial columns, challenging us to think critically about how we spend, save, and define success.

This episode offers grounded wisdom for both younger listeners and seasoned professionals, covering everything from car buying habits and Uber Eats culture to the importance of gratefulness and long-term planning.

Thank you for tuning in!

● Introduction and guest background on Nicolas Bérubé (0:00)

● Nicolas’ early journey into journalism and passion for financial writing (3:50)

● The clarity and communication style that sets Nicolas apart (7:41)

● The origins and purpose of his column “L’argent et le bonheur” (11:32)

● How Canadians are reacting economically and emotionally to the US political climate (15:23)

● Choosing Canadian goods and reflecting on local economic impacts (19:14)

● On gratitude, health, and redefining wealth (23:05)

● The paradox of modern abundance and mental health struggles (26:56)

● Uber Eats, luxury spending, and opportunity cost in everyday life (30:47)

● Personal finance through the lens of real choices and trade-offs (34:38)

● Hedonic vs. eudemonic happiness and the pull of social media (38:29)

● What today’s habits reveal about future financial independence (42:20)

● Creating a meaningful life through intentional daily actions (46:11)

● Lifestyle inflation, children’s expenses, and thoughtful consumption (50:02)

● The power of compound interest and long-term financial vision (53:53)

And much more!

Mentioned in this Episode:

• From Zero to Millionaire by Nicolas Bérubé
• Les millionnaires ne sont pas ceux que vous croyez by Nicolas Bérubé
• La Joie et le Bonheur by Nicolas Bérubé
• Podcast: Maximizing Life Satisfaction and Happiness with Author Andrew Hallam
• Millionaire Teacher by Andrew Hallam
• Tulett, Matthews & Associates

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What sparked the most dramatic stock market volatility in recent memory? Why did tariffs suddenly become the centerpiece of U.S. economic policy? How should investors respond when uncertainty hits at lightning speed? We explore all of this—and more—in today’s deep dive on market turmoil triggered by Trump’s sweeping tariff announcements.

Keith Matthews and Marcelo Taboada break down the global shockwave of “Liberation Day,” explain how markets and investors reacted, and offer critical lessons on staying invested when storms hit. From VIX surges to record—setting daily returns, they connect the dots between policy, volatility, and long-term perspective.

If you’ve ever felt anxious during a market correction - or wondered if “this time is different”—this episode will guide you through the recent market turbulence with evidence-based insight and calm.

Thank you for tuning in!

● Today's show focuses on recent market volatility and U.S. tariff policy (0:55)

● Marcelo introduces the geopolitical backdrop and tariff volatility (1:34)

● Liberation Day and Trump’s tariff announcement explained (2:56)

● Historical impact and global scale of the tariffs (3:30)

● VIX and other measures of market fear during this period (3:48)

● S&P 500 drops 10% in two days after Liberation Day (4:13)

● Market expectations before the announcement were wrong (4:59)

● Global reach and economic shock of the announced tariffs (5:20)

● Canada, EU, Japan, China: Who was affected and how (5:38)

● VIX compared to past crises like COVID and 2008 (6:06)

● How the bond market reacted and its deeper message (6:33)

● Reversal of tariffs and a 90-day pause sparks 9.5% S&P rebound (7:55)

● Lessons on timing the market and importance of staying invested (16:58)

● Performance failures of tactical asset allocation strategies (19:13)

● How markets recover after recessions and bear markets (24:03)

● Evidence-based investment philosophy and long-term planning (28:22)

And much more!

Mentioned in this Episode:

• Dimensional Report: Navigating Market Volatility
• TMA Report: Shifting Allocations is the Wrong Strategy
• Tulett, Matthews & Associates

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. Feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.

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Are you ready for tax season? Do you know the key deadlines and the essential documents you need to file your 2024 tax return? Have you explored all the deductions and tax relief options available to you?

In this episode, Keith Matthews and Andrea LeRoyer guide you through a structured approach to preparing your taxes efficiently. From crucial deadlines to tax-saving opportunities, they cover everything you need to stay compliant and optimize your return. They also discuss major changes for the 2024 tax season, including updates on the capital gains inclusion rate, home flipping rules, and the latest home buyer plan withdrawal limits.

Whether you’re a salaried employee, self-employed, a retiree, or a parent, this episode provides a simple and practical framework to handle your taxes effectively. Don't miss this essential conversation to help you file your 2024 return with confidence!

Thank you for tuning in!

• Overview of the 2024 tax season (0:39)
• Introducing co-host Andrea LeRoyer and her background in tax and finance (1:47)
• Five key points covered in this episode (2:02)
• April 30: General filing deadline (3:21)
• June 16: Self-employed individuals’ deadline (4:19)
• Income slips (T4, T4A, T3, T5, etc.) (4:50)
• Notice of Assessment: Why it matters (5:35)
• Installment payment summaries (6:58)
• Childcare and activity credits (8:42)
• Tuition and education-related deductions (9:43)
• Medical expenses and insurance coverage (11:01)
• Charitable donation changes and extended deadline (13:36)
• Home office deductions: Employees vs. self-employed (14:28)
• Tax credits for home support services (16:45)
• Caregiver tax credits (17:19)
• Multigenerational renovation tax credit (17:44)
• Disability tax credit and eligibility (20:08)
• Changes in relationship status (22:09)
• Moving, renting, or selling property (23:02)
• Foreign asset ownership and T1135 requirements (24:03)
• Capital gains inclusion rate update (25:48)
• Short-term rental compliance rules (26:47)
• Home Buyers’ Plan withdrawal increase (27:57)
• New tax rules for property flipping (29:10)
• Crypto asset reporting for Quebec residents (30:26)
• Alternative Minimum Tax (AMT) updates (31:26)
• Final tax season tips & best practices (32:20)
• Closing thoughts & embracing tax season (32:51)

And much more!

• Tulett, Matthews & Associates

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. Feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.

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Have you ever wondered if moving your portfolio allocations around can lead to better returns? To help answer this question, one just needs to look at how tactical asset allocation (TAA) funds have performed over time. Have these TAA funds really helped investors navigate market uncertainty?

In today’s episode, Keith and Marcelo break down a compelling new study from Morningstar that examines the long-term performance of tactical asset allocation funds. With a data-driven approach, they discuss how these funds performed over different market cycles, what role predictions play in their effectiveness, and how investors should think about market timing or shifting allocations.

What can individual investors and advisors learn from the poor performance to TAA funds on how they manage their own or clients accounts? Join us as we analyze the risks, returns, and emotional biases behind tactical asset allocation, and reveal why a structured, long-term investment strategy may be the best approach for most investors.

Thank you for tuning in!

• Introduction to tactical asset allocation funds (3:19)
• How these funds differ from strategic asset allocation (5:15)
• Morningstar’s latest research on performance (7:06)
• The underperformance of tactical funds over time (9:00)
• Examining risk: More volatility, lower returns (15:17)
• Why market predictions often fail (22:16)
• Major firms' incorrect forecasts for 2024 (25:23)
• The psychological traps that cause investors to underperform (20:17)
• Lessons from history on the unpredictability of events (27:17)
• Key takeaways: Why "doing nothing and staying the course" is often the best move (28:28)
• Closing thoughts on long-term investment success (29:59)

And much more!

• Tulett, Matthews & Associates
• Why Tactical-Allocation Funds Failed—Again | Morningstar

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. Feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.

Follow Tulett, Matthews & Associates on social media: LinkedIn, Facebook, and more!

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What role does psychology play in financial decision-making? How can behavioral biases influence your investment success? And what does it truly mean to find purpose and meaning in wealth?

Marcelo Taboada welcomes Daniel Crosby, a renowned behavioral finance expert and author. Together, they explore the psychology of investing, how money and happiness intersect, and the core principles behind his latest book, The Soul of Wealth. Join us as we uncover how your mindset impacts financial success, the biggest behavioral biases to avoid, and the philosophical shift needed to make wealth truly meaningful.

Thank you for tuning in!

• Introduction to Daniel Crosby and his work (0:00:00)
• The intersection of psychology and finance (0:02:07)
• Daniel’s career shift from psychotherapy to finance (0:04:00)
• Behavioral biases that impact investing (0:07:32)
• The inspiration behind The Soul of Wealth (0:10:45)
• Can money buy happiness? A research-backed answer (0:14:23)
• The importance of social connections in wealth and happiness (0:17:56)
• How hedonic adaptation affects our financial decisions (0:20:35)
• Why experiences often provide more joy than material goods (0:24:10)
• The role of generosity in wealth fulfillment (0:27:45)
• The biggest financial regrets people have (0:30:33)
• How the PERMA model applies to financial well-being (0:33:29)
• The shifting perspectives of younger generations on wealth (0:38:10)
• Practical strategies for a meaningful financial life (0:41:30)

And much more!

• Tulett, Matthews & Associates
• The Soul of Wealth by Daniel Crosby

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. Feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.

Follow Tulett, Matthews & Associates on social media: LinkedIn, Facebook, and more!

Follow The Empowered Investor on Facebook, LinkedIn, and Instagram.

What happens when unexpected tariffs are imposed on a country? How do they impact businesses, consumers, and the economy at large? And most importantly, what should investors do to navigate uncertainty during times of trade tensions?

In this episode, Keith and Marcelo break down the political and economic fallout, exploring the history of tariffs, their impact on trade, and potential consequences for both the Canadian and the U.S. economy. They discuss market reactions, investor strategies, and why this trade dispute could reshape Canada’s economic future, with possible silver linings amidst the economic turbulence.

If you're an investor, business owner, or simply someone looking to understand how these global events might impact your financial future, this episode provides a well-rounded perspective on the situation. Tune in for valuable insights on how to navigate uncertainty and what investors should consider moving forward.

Thank you for tuning in!

• Introduction to the episode and overview of the current tariff situation (0:39)
• The political landscape leading up to the tariffs and the unexpected announcement (1:51)
• Breakdown of U.S. tariffs on Canada and the retaliatory response (2:40)
• Economic justifications given for the tariffs and their validity (3:42)
• The history of U.S.-Canada trade relations and past tariff disputes (7:54)
• The Smoot-Hawley Tariff Act of the 1930s and its devastating impact (8:05)
• Analysis of the U.S. steel and aluminum tariffs in 2018 (8:24)
• The softwood lumber dispute and its long-term effects (9:31)
• The business community's reaction in both Canada and the U.S. (10:17)
• The economic consequences of tariffs—growth, unemployment, and inflation (14:04)
• Predictions from economists regarding Canadian GDP, inflation, employment and the dollar (14:19)
• The potential for a global trade war and its broader consequences (19:08)
• Investor concerns and how markets have responded (22:01)
• The possibility of Canada expanding trade relationships with other nations (24:40)
• Calls for a stronger Canadian economy and removing interprovincial trade barriers (25:04)
• How tariffs might actually encourage national unity and economic independence (26:46)
• The role of productivity and innovation in Canada’s long-term economic strength (27:11)
• Investment takeaways: staying diversified, avoiding predictions, and focusing on long-term resilience (28:56)
• The George St-Pierre analogy—turning adversity into strength (30:20)
• Final thoughts and sign-off (31:16)

And much more!

• Tulett, Matthews & Associates

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. Feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.

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In this episode, Lawrence Greenberg and Jackson Matthews provide a comprehensive guide to the various types of investment accounts available to Canadians. From foundational accounts like TFSAs and RRSPs to specialized options like RESPs and RDSPs, the hosts outline how each account works, who they are best suited for, and common misconceptions. Whether you're saving for retirement, education, or your first home, this episode offers practical insights to maximize your financial strategy in 2025.

Thank you for tuning in!

• Purpose of the episode: Navigating Canadian investment accounts. [00:01:00]
• Deep dive into Tax-Free Savings Account (TFSA). [00:01:47]
• Common misconceptions about TFSAs. [00:03:36]
• Registered Retirement Savings Plan (RRSP) basics. [00:04:32]
• Updates to the homebuyers' plan within RRSPs. [00:07:18]
• RRSP suitability for moderate to high-income earners. [00:09:05]
• Registered Education Savings Plan (RESP) explained. [00:10:05]
• Taxation on RESP withdrawals and planning tips. [00:12:33]
• Registered Disability Savings Plan (RDSP) overview. [00:14:07]
• Importance of RDSPs for qualifying individuals. [00:15:35]
• First Home Savings Account (FHSA) – a new tool for homebuyers. [00:16:05]
• FHSA eligibility and misconceptions. [00:18:35]
• Non-registered investment accounts and their tax implications. [00:20:05]
• Corporate investment accounts and holding companies. [00:22:10]
• Individual Pension Plan (IPP) for high-income earners. [00:23:02]
• Key takeaways and planning advice for the new year. [00:24:10]

And much more!

• Tulett, Matthews & Associates

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.

Follow Tulett, Matthews & Associates on social media on LinkedIn, Facebook, and more!

Follow The Empowered Investor on Facebook, LinkedIn, and Instagram.

What were the key financial trends that shaped 2024? How did the markets perform across various asset classes? And what can investors learn from a decade of market data to position themselves for the future?

In this episode, Keith Matthews and Marcelo Taboada provide a comprehensive breakdown of 2024, from asset class returns to geopolitical and economic factors that impacted the markets. Marcelo shares personal milestones from the year, while Keith discusses lessons learned from market trends and the importance of diversification amidst narratives of "U.S. exceptionalism."

They also address what the performance of the last decade reveals about long-term investing, touching on inflation, interest rates, and the resilience of global stock markets.

Join us as we reflect on the past and look forward to 2025, equipping you with essential insights to remain grounded and confident in your investment strategy.

Thank you for tuning in!

Key Topics:

• Introduction and Personal Highlights (0:00)
• Marcelo’s milestone: Becoming a new parent (1:17)
• Marcelo becoming a shareholder at Tulett, Matthews & Associates (2:10)
• Keith’s personal life update: Downsizing and moving to a smaller home (3:02)
• Overview of 2024 asset class returns (5:00)
• Cash and bonds performance (5:45)
• Stock market highlights: Canadian stocks up 21.6%, U.S. stocks up 35.6% (6:18)
• REITs performance: Global REITs vs. Canadian REITs (6:52)
• Currency impact: Canadian dollar depreciation vs. USD (7:44)
• 60/40 portfolio recovery after the tough 2022 market (8:02)
• Interest rate cuts: Bank of Canada vs. U.S. Federal Reserve (9:32)
• Inflation trends and economic outlook (10:37)
• U.S. exceptionalism and the Magnificent Seven's market dominance (13:00)
• Performance comparison of global markets over the past decade (14:30)
• Lessons from the U.S. stock market’s “lost decade” (2000–2010) (18:08)
• Bonds vs. inflation over the past decade (22:04)
• Political events and democratic elections in 2024 (24:12)
• The importance of diversification and resisting market narratives (26:01)
• Final reflections and optimism for 2025 (28:03)

And so much more!

Mentioned in this Episode:

• Tulett, Matthews & Associates

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.

Follow Tulett, Matthews & Associates on social media on LinkedIn, Facebook, and more!

Follow The Empowered Investor on Facebook, LinkedIn, and Instagram.