Shows
Just Some Musings3.08 - Why Do We Diversify?This month Markus and Justin dig into the realities of diversification in today’s markets, explore the growing appeal of direct indexing, unpack the impact of currency swings on your investments, and reflect on the rise of “Everyday Millionaires” (EMILYs).Find notes, video, and transcript at www.muhs.ca/jsm308 2025-08-0636 minJust Some MusingsCanada Pension Plan with Jason YeeThis month Markus and Justin interview Jason Yee of Finepoint Solutions. Jason is recognized in the Canadian personal finance world for his expertise around determining and explaining Canada Pension Plan benefit calculations. Whether you're nearing retirement, just entering the workforce, or simply curious about how CPP fits into your financial future, this episode offers a wealth of practical insights. The notes and YouTube of this episode can be found at www.muhs.ca/jsm307. 2025-07-091h 00Just Some Musings3.06 - 3 Financial Planning QuestionsJustin and Markus dove into the heart of retirement planning and addressed three of the most frequent and pressing questions clients bring up. Get the summary notes and relevant links at www.muhs.ca/jsm306 2025-06-1046 minJust Some Musings3.05 The Great Companies of the WorldMarkus and Justin reflect on recent travels, turbulent markets, and timeless investing principles including what it actually means to be invested in businesses, as opposed trading stock symbols.Find the summary and other links at www.muhs.ca/jsm305 2025-05-0840 minJust Some Musings3.04 - TFSAs and Other Election TopicsJustin and Markus tackle the proposed Canada First TFSA Top Up, along with a few other personal finance related election promises from both parties.Unfortunately, this was recorded just days before the "Canada Reinvestment Tax Cut" was proposed, which would have fit into this conversation nicely.Accompanying blog summary and discussed links can be found at www.muhs.ca/jsm304 2025-03-3135 minJust Some Musings3.03 - Do You Have a Will?Estate planning isn’t the most cheerful topic, but it’s one of the most critical aspects of financial planning. In this episode of Just Some Musings, Markus and Justin dive into the realities of what happens when you die—and why having a will is essential, no matter your age or financial status.2025-03-1934 minJust Some Musings3.02 - Tariffs, Trade Wars, and InvestingJustin & Markus discuss investing in an era of unpredictable tariffs, trade wars and generally a lot of geopolitical noise.Notes and links can be found at www.muhs.ca/jsm302 2025-02-2534 minJust Some Musings3.01 - Financial Advice for Your 70s and BeyondIn the last of this series, Justin and Markus discuss some areas topical to most retirees in their 70s and older. The accompanying blog post can be found at www.muhs.ca/fp70 2025-01-1347 minJust Some Musings2.23 - Year End Tax Planning and Other ThingsIn the season 2 finale Markus and Justin discuss some year end tax planning basics, rebalancing, and some other recent developments in the markets. Accompanying blog post at www.muhs.ca/jsm223
2024-12-1231 minJust Some Musings2.22 - Financial Advice for Someone in Their 60sMarkus and Justin discuss some of the top things we talk about with our clients in their 60s, including how RRIFs work, when to start CPP and OAS, and the importance of reducing your volatility in retirement. Find the accompanying blog post at www.muhs.ca/fp60
If you missed Financial Advice for Someone in Their 50s, that's because it was done as a special YouTube collaboration. Find it at www.muhs.ca/fp50 2024-12-0342 minJust Some Musings2.21 - Financial Advice for Someone in Their 40sWe continue with "Financial Advice Through the Ages" with a look at some of the top things that come to mind when discussing financial planning with our clients in their 40s. The accompanying blog post can be found at www.muhs.ca/fp402024-11-2043 minJust Some MusingsJSM Minicast: Post Election EditionJustin & Markus review the 2024 U.S. Presidential election and potential ramifications for the markets.
2024-11-1416 minJust Some Musings2.20 - Financial Advice for Someone in Their 30sJustin and Markus continue the series, with financial advice for their younger selves. What are some things people in their 30s can do to get a good start on their retirement planning and how to prioritize their financial goals. The accompanying blog post can be found at www.muhs.ca/FP30
2024-10-2947 minJust Some Musings2.19 - Financial Advice for Someone in Their 20sJustin and Markus discuss Markus' blog post, which can be found at www.muhs.ca/fp20 and share their experiences of early adulting, in their 20s, what they might have done differently and what some of the main things are to look out for, to start on the right path of financial security and wealth accumulation.2024-10-1544 minJust Some MusingsJSM Minicast: Live at Future ProofIn our first "minicast" Markus shares a bit of his experiences at the Future Proof Wealth Festival in Huntington Beach, CA.2024-09-2511 minJust Some Musings2.18 - The One About JapanJustin and Markus discuss the Japanese carry trade, and some other things going on in Japan.
Show notes at www.muhs.ca/jsm218
2024-09-1029 minJust Some Musings2.17 - How to Withdraw From an RESPJustin and Markus update a bit on recent market volatility. Then, a very important topic at this time of year: how to withdraw from a Registered Education Savings Plan in a tax efficient manner, avoiding the pitfalls that many parents end up in.2024-08-1343 minJust Some Musings2.16 - Investment Products, with Andrew PenningtonJustin and Markus interview Canaccord Genuity's Product Specialist on what factors to consider when selecting an investment portfolio, among other things.
2024-08-0643 minJust Some Musings2.15 - Spending more and when to sell a winning stockThis week two cowboy cosplayers discuss when it's right to actually increase your spending (and the challenges some of us have in actually enjoying our money after being conditioned to save save save) , and the challenges around selling a winning stock, or holding on to one.2024-07-0945 minJust Some Musings2.14 - Mergers in Banking, and Justin's Origin StoryIt's a new dawn for the Just Some Musings Podcast! We're now simulposting on YouTube! Tune in this week for Justin Lee's origin story, as well as some discussion about a local regional bank take-over.2024-06-2553 minJust Some Musings2.13 - What does the BoC rate cut mean for mortgages and housing?Might housing finally become affordable for younger generations and what does the the BoC's recent rate cut mean for your investments and the Canadian dollar?
2024-06-1142 minJust Some Musings2.12 - AI Invades Wealth TechMarkus and Justin discuss how technology facilitates the job of financial advisor and some of the cool new AI-enabled tech Markus witnessed at the recent WealthStack conference.
2024-05-3150 minJust Some Musings2.11 - Sell in May and Go Away?In a solo episode this week, Justin muses as to whether we should sell in may, as the old saying goes...2024-05-2126 minJust Some Musings2.10 - SRSPs and Faster Trade SettlementThis week Justin & Markus discuss the ins and outs of Spousal RSPs as well as what faster T+1 trade settlement might mean for investors.2024-05-0744 minJust Some Musings2.09 - Federal Budget 2024 UpdateThis week Markus and Justin reconnect again in the hours after Budget 2024 was announced, to discuss a variety of announcements.
2024-04-2345 minJust Some Musings2.08 - How to find a good Financial Advisor. Or is it Adviser?Jason Watt is our guest host this week, in place of the vacationing Justin Lee. We discuss a number of topics on what actually differentiates advisors/planners and some things the consumer can think about when finding/choosing one. Lot's of useful links on the podcast page: www.muhs.ca/JSM208
2024-04-0548 minJust Some Musings2.07 - CDRs, ADRs, and Old Age Security ClawbackJustin talks CDRs... Canadian Depository Receipts, a twist on the old ADRs (American Depository Receipts). The conversation concludes with a discussion about Old Age Security Clawback: what it means, who is affected, and how.2024-03-2646 minJust Some Musings2.06 - GRANOLAS Stocks & Investment ConcentrationJustin and Markus discuss the "GRANOLAS"... or GRANNNOLASS? Also, some talk about portfolio concentration, whether by industry or individual businesses.
2024-03-1249 minJust Some Musings2.05 - Media Layoffs and Pension PrudenceJustin and Markus discuss recent layoffs at Bell Canada, and the changing media landscape. Also, should Canada's big Maple 8 pension plans invest more in certain sectors to support the domestic economy?
2024-02-2749 minJust Some Musings2.04 - Separating Politics from InvestingJustin shares an easy no-fail way to lose your wallet on a plane (keep it in a jacket pocket). The discussion then goes into separating political ideology from investment strategy.
2024-02-1548 minJust Some Musings2.03 - "RRSP Season"Markus and Justin discuss what Justin learned at the 2024 CFA Society Forecast Dinner in Calgary, some challenges for the Canadian economy, and then finish things off discussing RRSPs as we approach the Feb 29th deadline day.
2024-01-3049 minJust Some Musings2.02 - Americans Finally Have Spot Bitcoin ETFsAt long last, spot bitcoin ETFs are finally available for American investors (Canada has had them for 3 years). Is that a good thing? We also talk a bit about the tech "washout" that has occurred over the past two years.
2024-01-1751 minJust Some Musings2.01 - Four Financial New Year's ResolutionsMarkus & Justin discuss four New Year's resolutions that everyone can make for a more financially rewarding 2024.2024-01-0356 minJust Some MusingsEncore - Market Linked GICs and Subs (Episode 11)In another encore broadcast of one our most listened to episodes of the past year, Justin and Markus discuss the Market Linked GICs that banks often push at this time of year, and touch on a few other risk-mitigating investment strategies. The second half of the episode they discuss subscription-based businesses, both from the perspective of consumer benefit/detriment and business benefit.
2023-12-2748 minJust Some MusingsEncore - Education Savings Planning (Episode 33)Another encore episode where Justin & Markus devoted an entire episode to discussing education savings planning, and primarily the ins and outs of RESPs. Find out more about RESPs, and links to various government websites about them, at www.muhs.ca/resp. 2023-12-201h 09Just Some MusingsEncore - Estate Planning Basics (Episode 24)This is an encore of our most listened to episode of the past year, where we were joined by Jeff Haggerty, CFP®, CLU, Wealth & Estate Planner in our Edmonton branch. The conversation hits on a number of things we often talk to clients about when it comes to starting to plan for the inevitable. As always, per our disclosure, none of what we discuss constitutes advice in and of itself, and we are definitely not will and estate lawyers. This discussion is meant to get you thinking about some things, avoid some common mistakes, and maybe then meet with a...2023-12-131h 01Just Some Musings47 - Vibecession Malaise and Withdrawing from RRSPsMarkus and Justin lament the lengthy duration of the current market malaise; how as it drags on it can have a more detrimental impact on investor emotions than the quick crashes in the recent past. They conclude the podcast discussing the ramifications of making a pre-retirement RRSP withdrawal.
2023-12-0541 minJust Some Musings46 - Year-End Tax PlanningMarkus & Justin discuss year end tax planning, with some basics that every Canadian tax payer should keep top of mind as we near the end of the calendar year.
2023-11-2854 minJust Some Musings45 - Schemes & Scams in the Age of AIMarkus & Justin describe more scams and schemes they've encountered, how to steer you clear, and just how difficult it's getting now in the age of Artificial Intelligence.2023-11-2248 minJust Some Musings44 - Financial Advice for Someone in their 50sThis is another solo episode where Markus discusses is blog post of the same name, going over scams and schemes which might target everyone, but people in their 50s in particular often get wound up in. Find the original post at www.muhs.ca/fp50 2023-11-1517 minJust Some Musings43 - First Home Savings AccountsJustin and Markus discuss some of the ins and outs of the newly available FHSA. Find notes and more info at www.muhs.ca/fhsa
2023-11-0847 minJust Some Musings42 - 4 Questions for Justin & MarkusJustin & Markus answer 4 pressing investment and personal finance questions that Justin has come up in various client meetings in the past while.
2023-10-3152 minJust Some Musings41 - Should I Transfer My Pension?Markus & Justin talk workplace pensions and what's involved in transferring a pension from workplace to workplace or into a locked in RSP. What are some of the important considerations?2023-10-2548 minJust Some Musings40 - Financial Advice for Someone in Their 40sEpisode 40 is... geared towards people in their 40s. Some morsels of financial advice or Gen Xers and geriatric Millennials. Find the original blog post with links at www.muhs.ca/fp40. 2023-10-2027 minJust Some Musings39 - Live (on recording) from TorontoJustin & Markus visited Toronto for CG Wealth Management's National Business Conferences. Some of our learnings from the conference, plus experiences in and around Toronto.2023-10-1345 minJust Some Musings38 - The Alberta Pension Plan and Some Learnings from IAFPThis week Justin & Markus discuss population growth in Alberta and some of the latest rumblings of an Alberta Pension Plan. Then, Markus shares some of his experiences attending the recent Institute of Advanced Financial Planners Symposium in Edmonton, followed by some talk about video games.2023-10-0549 minJust Some Musings37 - Show Me The IncentiveI'll show you the outcome. In a solo episode and using information from corporate filings, Justin goes into different examples of executive and director compensation and how investors can take a look into what alignment may or may not exist with those corporate principals.
2023-09-2828 minJust Some Musings36 - Markus' Trip to Future ProofMarkus just returned from the Future Proof Wealth Festival in Huntington Beach, CA, and told Justin all about it, and why he (and every advisor who wants to be future proof) should go next year.2023-09-1949 minJust Some Musings35 - Financial Advice for Someone in Their 30sThis week Markus presents another solo episode, reading his blog post of the same name. You can find the blog post and any links referred to in the episode at www.muhs.ca/fp30 2023-09-1340 minJust Some Musings34 - Investing in Gold & CollectiblesThis week Justin & Markus go a bit off the beaten path, discussing investing in collectibles and other shiny things. Can it even be considered investing? 2023-09-0948 minJust Some Musings33 - Education Savings PlanningThis week Justin & Markus devoted an entire episode to discussing education savings planning, and primarily the ins and outs of RESPs. Find out more about RESPs, and links to various government websites about them, at www.muhs.ca/resp. 2023-08-301h 11Just Some Musings32 - Can a Zebra Change its Stripes?This week Justin & Markus recap Justin's previous solo episode on the opportunity cost of paying down the mortgage. The discussion then delves into corporate business transitions, energy, and a bit of Alberta politics.2023-08-2559 minJust Some Musings31 - Opportunity Costs With Higher Interest RatesIn another solo episode, Justin provides a recent personal anecdote about the high relative returns of paying down a mortgage and reflects on how current interest rates are impacting decisions on personal debt such as mortgages, lines of credit, and student loans.
2023-08-1622 minJust Some Musings30 - Financial Advice for Someone in Their 20sThis week is another solo episode, with Markus reading a blog post with some tips for anyone in their 20s looking to start out on the right foot. Also some basics for older cohorts who might have started on the wrong foot.
Original blog post at www.muhs.ca/fp20
2023-08-0925 minJust Some Musings29 - Ocean trade musings, credit card insurance features, and taking risks.This week Justin muses a bit about how cargo gets around the world via the oceans after seeing some big ships off the west coast. Justin's flight back from the west coast was delayed and Markus once hit a moose with a rental car, so credit card insurance coverage features are on the discussion table. Markus recounts some learnings from a very excellent webinar on money psychology, including how and why it makes sense to take risks earlier in life.2023-08-0348 minJust Some Musings28 - Government Retirement BenefitsJustin & Markus expand a bit on last week's episode about CPP, and discuss other government benefits we may get at retirement, like Old Age Security (and how it may get clawed back), and recent CPP enhancements. What about an Alberta Pension Plan?
2023-07-2657 minJust Some Musings27 - When Should I Start My CPP?This week one of us is on vacation, so we present a solo episode. Markus reads one of his popular blog posts, originally posted in 2014 and revised every few years with new numbers. You can find the original post, and follow along with the charts, at www.muhs.ca/cpp.2023-07-1823 minJust Some Musings26 - What is an Accredited Investor?Justin & Markus discuss "Accredited Investor Status", what type of investor is allowed to buy what, the types of investments that are available only to those with accredited status, including some pitfalls.2023-07-1148 minJust Some Musings25 - Half Year Market ReviewJustin & Markus review the markets over the first half of 2023. What worked and what didn't, and how things ended up going quite a bit differently than the prognosticators expected.2023-07-0441 minJust Some Musings24 - Estate Planning BasicsThis week we're joined by Jeff Haggerty, CFP®, CLU, Wealth & Estate Planner in our Edmonton branch. The conversation hits on a number of things we often talk to clients about when it comes to starting to plan for the inevitable. As always, per our disclosure, none of what we discuss constitutes advice in and of itself, and we are definitely not will and estate lawyers. This discussion is meant to get you thinking about some things, avoid some common mistakes, and maybe then meet with a qualified legal professional for further advice.2023-06-261h 02Just Some Musings23 - Condominium Horror Stories
Markus and Justin retell horror stories about the worst investments they ever made: buying apartment condos in Alberta during the mid-2000s boom. Many fellow Alberta elder-Millennials might have experienced similar misfortune, while people from other regions currently experiencing overheated housing markets should take note.2023-06-1954 minJust Some Musings22 - Full of Sound and Fury, Signifying NothingThis week Justin and Markus discuss being on the sidelines, not letting fear dominate your investment strategy, bundling, and a final recap of the Alberta election.
2023-06-1254 minJust Some Musings21 - Artificial Intelligence and CybersecurityThis week Markus has a tale to tell about how his credit card was compromised. Conversation shifts to cybersecurity and then delves into some recent developments in AI-related stocks. At the end, some pre-closure on the Alberta election (as it had not yet passed when we recorded on May 26th).2023-06-0159 minJust Some Musings20 - Diversify InternationallyJustin & Markus discuss international diversification, looking at how a variety of international markets did since the October 2022 lows, why it's important to diversify internationally and to not base your investment decisions on the news, and not chase past returns. In the second half we go over some tax promises form the two political parties in Alberta.
2023-05-2652 minJust Some Musings19 - The Omaha Sages
Justin & Markus recap some of their learnings from the most recent Berkshire Hathaway AGM, plus a little talk about the Alberta election and why those nosey door-knockers want to know who you're supporting.2023-05-1756 minJust Some Musings18 - May the Fourth Be With YouJustin & Markus talk AGMs, earnings calls, "Veblen goods", and [shudder] a sales tax in Alberta.2023-05-0847 minJust Some Musings17 - Emerging Markets and the Rise of South KoreaJustin just got back from South Korea and shares some of his experiences. We talk emerging markets investing in general, and how South Korea is kind of punching above its weight economically and culturally. Toward the end we touch on the upcoming Alberta election just a bit.2023-05-0351 minJust Some Musings16 - Canadian Federal BudgetJustin and Markus discuss some items of interest in the recent federal budget.2023-04-1145 minJust Some Musings15 - Trendy stocks and knowing our clientsThis week Justin & Markus look at what some trendy hot stocks did since the depths of the Covid-crash exactly 3 years ago. Coincidentally Markus has Covid while recording this but doesn't know yet. Then, a discussion on "knowing your client", why it's important in the investing world as well as the banking world.2023-04-0342 min
Just Some Musings14 - Diversify!Justin and Markus discuss continuing developments with Silicon Valley Bank, and the importance of diversification.2023-03-2342 minJust Some Musings13 - Mortgages... and a Banking CrisisJustin and Markus discuss developments of the biggest bank default in the U.S. since the Great Financial Crisis, along with mortgage issues in Canada.2023-03-1454 minJust Some Musings12 - RRSP Deadline Day & Alberta BudgetJustin & Markus talk about the RRSP deadline that just passed, what it means, how RRSPs work, and then a bit on the recently announced Alberta budget.2023-03-0758 minJust Some Musings11 - Market Linked GICs and SubsJustin and Markus discuss the Market Linked GICs that banks often push at this time of year, and touch on a few other risk-mitigating investment strategies. The second half of the episode they discuss subscription-based businesses, both from the perspective of consumer benefit/detriment and business benefit.2023-02-2848 minJust Some MusingsEpisode 10 - Conflict and CommercialsJustin and Markus discuss Markus' recent trip to Belize, money/relationships, and Superbowl ads.2023-02-2346 minJust Some MusingsEpisode 9 - Farewell BradyJustin and Markus discuss Tom Brady's retirement, retirement in general, the markets, and what constitutes an index.2023-02-1446 minJust Some MusingsEpisode 8 - Tech in AlbertaJustin and Markus talk about a host of different topics this week, from tech jobs in Alberta, to GIC interest rates, to a couple of investor class action lawsuits that were in the news last week.2023-02-0249 minJust Some MusingsEpisode 7 - Alberta Affordability Action PlanJustin and Markus discuss the new Alberta Affordability Action Plan: who to access, who can access, and what it covers. Also some discussion on someone getting a year older, as well as Chinese New Year.2023-01-2446 minJust Some MusingsEpisode 6 - TFSAsJustin and Markus talk TFSAs. How they work and some of our own experiences with them.2023-01-1854 minJust Some MusingsEpisode 5 - Dec 22Justin and Markus ponder how you value a song, down market years, inflation, things to come in 2023. Show notes at www.muhs.ca/podcast. 2023-01-0645 minJust Some MusingsEpisode 4 - Dec 16, 2022Markus and Justin discuss foreign exchange, both when traveling and when investing, and then a recap of that story that's gone viral about the woman from Mississauga who moved to the Edmonton area and back again.2022-12-2342 min
VorOrt SpezialDie fränkischen Oberbürgermeister und Ministerpräsident Söder zum FestDie Oberbürgermeister Thomas Jung (Fürth), Florian Janik (Erlangen) und Marcus König (Nürnberg) sowie Ministerpräsident Markus Söder mit persönlichen Vorlieben und politischen Aussagen am Jahresende. Eine Produktion der Funkhaus Redaktion von Tanja Scholl, Saskia Muhs und Stefan Grundler. Moderation Günther MoosbergerUnsere allgemeinen Datenschutzrichtlinien finden Sie unter https://art19.com/privacy. Die Datenschutzrichtlinien für Kalifornien sind unter https://art19.com/privacy#do-not-sell-my-info abrufbar.2022-12-2120 minJust Some MusingsEpisode 3 - Dec 7, 2022Justin and Markus talk to Jeff Haggerty, CFP, CLU, Wealth & Estate Planning Specialist with CGWEPSL at our Edmonton branch. We discuss a broad overview of insurance and then toward the end of the episode, with Jeff having just gotten back from Mexico, and Justin heading south the next day, a brief discussion about foreign exchange (FX). More on FX next episode!
Show notes at www.muhs.ca/podcast 2022-12-1553 minJust Some MusingsEpisode 2 - Dec 1st, 2022Justin & Markus discuss their experiences starting a new podcast, Justin's trip to Toronto, why people should move to Alberta, and what the Oilers can teach us about market timing.2022-12-0844 minJust Some MusingsEpisode 1 - Nov 25 2022Justin & Markus discuss Black Friday sales, DaniDollars for Albertans, winning $70 million, the World Cup, and #zippermerge. 2022-11-3034 min
Law, Policy & MarketsStrategic Outlook: European Private Equity and Infrastructure Funds in 2022Send us a textESG Series #8 - Will the drivers of record deal activity in 2021 – investor confidence and ample liquidity – drive similar strength in 2022? Either way, market breadth, low cost of capital, a focus on ESG, and the shift from commercial banks to capital markets and institutional investment should be continuing trends across sectors for European private equity, credit and infrastructure funds. In this episode of the podcast, “Strategic Outlook: European Private Equity and Infrastructure Funds in 2022,” host Allan Marks speaks with Milbank partners Barbara Mayer-Trautmann (Banking and Leveraged Finance, Munich) and Markus Muhs (Corp...2022-02-0440 min