The Rational Reminder Podcast15 Maj 2025

Episode 357 – AMA #6

Cameron joins Ben for his first AMA as we bring you the sixth edition of our Listener Questions and Investing Lessons mini-series. Diving right in, Ben and Cameron share their stance on the multi-host format of the Rational Reminder podcast before walking us through the new PWL Retirement Planning Tool. Then, we unpack our venture with OneDigital, recent changes at PWL Capital, how we make each episode of this show, and how we allocate our time across podcast and business responsibilities. We also examine our protocol regarding guests, why Cameron and Ben would never gamble with their own money, how the human condition prevents the full comprehension of investing as a principle, and smart money moves to make under current market conditions. To end, we discuss the effects of a capital gains tax increase, common mistakes to avoid in managing personal finances, programs and technologies for financial advisors, and the After Show, which ends with an important discussion on testicular cancer.

Key Points From This Episode:

(0:00:00) How Ben and Cameron feel about the multi-host format of this podcast.

(0:01:12) The new PWL Retirement Planning Tool, developed by Braden Warwick.

(0:03:13) Joining OneDigital and other PWL changes from the past four months.

(0:09:05) Behind the scenes: Making a Rational Reminder podcast episode.

(0:12:38) Allocating time for research, preparation, creating content, and business.

(0:17:27) How guests inform our approach to research and preparation.

(0:19:29) The reasons why we're not risk-averse but have no appetite for gambling.

(0:24:26) Why investing has been largely solved, except for the human aspect.

(0:30:13) The most "rational" investing practices under current market conditions.

(0:34:25) How to approach a capital gains tax increase, and why banks do what they do.

(0:38:03) The most costly mistakes when it comes to managing personal finances.

(0:40:12) Why we don't offer advice-only planning for DIY investors.

(0:44:07) Financial app tips and tricks and programs and technologies to be aware of.

(0:48:23) The After Show: Alternate personalities, noise filtering, and testicular cancer.

Links From Today's Episode:

Meet with PWL Capital — https://calendly.com/d/3vm-t2j-h3p

Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.
Rational Reminder Website — https://rationalreminder.ca/

Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/

Rational Reminder on X — https://x.com/RationalRemind
Rational Reminder on TikTok — www.tiktok.com/@rationalreminder

Rational Reminder on YouTube — https://www.youtube.com/channel/

Rational Reminder Email — info@rationalreminder.ca
Benjamin Felix — https://pwlcapital.com/our-team/

Benjamin on X — https://x.com/benjaminwfelix

Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/

Cameron Passmore — https://pwlcapital.com/our-team/

Cameron on X — https://x.com/CameronPassmore

Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/

Braden Warwick on LinkedIn — https://www.linkedin.com/in/braden-warwick-a40b48a3

PWL Capital Retirement Planning Tool — https://research-tools.pwlcapital.com/research/retirement

OneDigital — https://www.onedigital.com/

Episode 341: PWL's Next Chapter — https://rationalreminder.ca/podcast/341

Episode 355: Do Index Funds Incur Adverse Selection Costs? — https://rationalreminder.ca/podcast/355

Episode 200: Prof. Eugene Fama — https://rationalreminder.ca/podcast/200

Episode 100: Prof. Kenneth French: Expect the Unexpected — https://rationalreminder.ca/podcast/100

Episode 93: Cliff Asness from AQR: The Impact of Stories, Behaviour and Risk — https://rationalreminder.ca/podcast/93

Episode 270: What Happened to All the Billionaires? with Victor Haghani and James White — https://rationalreminder.ca/podcast/270

Episode 11: Robb Engen: Simple vs. Complex — https://rationalreminder.ca/podcast/11

Episode 203: S*** (Misguided) Financial Advisors Say — https://rationalreminder.ca/podcast/203

The Money Scope Podcast — https://moneyscope.ca/

Financial Advisor Success Ep 433: When You 10X Your Advisory Firm to over $20M of Revenue…And Want to 10X Again, with Cameron Passmore — https://www.kitces.com/blog/cameron-passmore-pwl-capital-10x-revenue-growth-advisory-firm/

The Podcast Consultant — https://thepodcastconsultant.com/

The Long View — https://www.morningstar.com/podcasts/the-long-view

Eli Beracha on LinkedIn — https://www.linkedin.com/in/eli-beracha-b8082250/

CIBC Mutual Funds — https://www.cibc.com/en/personal-banking/investments/mutual-funds.html

Microsoft Excel — https://www.microsoft.com/microsoft-365/excel

Python — https://www.python.org/

Monte Carlo — https://www.montecarlodata.com/

ChatGPT — https://chatgpt.com/

Papers From Today's Episode:

'The Arithmetic of Active Management' — https://www.jstor.org/stable/4479386

'Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case' — https://www.jstor.org/stable/1926560

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(449)

The Finances of Marriage | #426

In this episode, Ben Felix, Dan Bortolotti, and Ben Wilson take a research-driven look at the finances of marriage, from spending personalities and prenuptial agreements to wedding costs, joint accoun...

10 Sep 1h 8min

The Ethics Problem in Financial Services (Dr. Moira Somers & Philippa Hann) | #425

In this episode, we're joined by Philippa Hann and Dr. Moira Somers, co-authors of The Fault Lines of Finance: Understanding and Preventing Financial Misconduct, for a deep dive into why good people c...

3 Sep 1h 23min

50 Years of Evidence-Based Investing (w/ David Booth) | #424

In this episode, we welcome back David Booth, Co-Founder of Dimensional Fund Advisors and author of Stay Calm: Learn to Embrace Uncertainty in Investing and Life. David reflects on his remarkable care...

27 Aug 1h 5min

The Future of AI in the Workplace | Special Episode (Mike Sullivan and Vinay Gidwaney)

In this special episode, we are joined by Mike Sullivan, Co-Founder and Chief Growth Officer at OneDigital, and Vinay Gidwaney, OneDigital's Chief Product Officer, to discuss their new book, Workforce...

25 Aug 1h 23min

The Biggest Myths in Personal Finance

In this episode, Ben Felix and Dan Bortolotti take on 10 of the biggest myths in personal finance and investing. From the idea that young people should save every possible dollar to benefit from compo...

20 Aug 1h 13min

80 Years of Financial Knowledge in 53 Minutes | #422 (Bill Bernstein)

In this episode, we welcome back William Bernstein to discuss the final book of his longtime friend Jonathan Clements, Money and Me. Bill reflects on Jonathan's ideas about spending, happiness, retire...

13 Aug 53min

Barry Ritholtz: "90% of financial products are crap" | #421

Barry Ritholtz returns to the Rational Reminder podcast to discuss the biggest mistakes investors make—and why avoiding them may matter more than finding the next great investment. Drawing on decades ...

6 Aug 1h 28min

Answering Your Financial Questions | #420

In this Ask Me Anything episode, Ben Felix, Ben Wilson, and Louai Bibi tackle a wide-ranging collection of listener questions spanning investing, retirement, family finance, and financial planning. Al...

30 Juli 1h 35min