Shows
Barenaked Money129: Behavioural Finance | Special Guest Dr. Lisa KramerUnderstanding Behavioral Finance with Lisa Kramer: From Seasonal Affective Disorder to OverconfidenceIn this episode of Barenaked Money, host Colin White from Verecan Capital Management interview Lisa Kramer, the inaugural Verecan Chair in Behavioural Finance at the University of Toronto. They discuss the importance of behavioural finance, which integrates psychology into economic and financial contexts to understand decision-making processes. Key topics include the impact of sunlight on financial risk preferences, the differences between behavioural economics and behavioural finance, and practical advice for mitigating the effects of seasonal mood changes on investment decisions. Lisa also shares her research...2025-04-0834 minBarenaked Money127: Tariffs & Your PortfolioNavigating the Complexities of Tariffs: Insights from Barenaked MoneyIn this episode of Barenaked Money, hosts Josh Sheluk and Colin White, portfolio managers at Verecan Capital Management, demystify the often confusing and volatile topic of tariffs. The discussion features a comprehensive look at the current state of tariffs, humorous anecdotes, and deep dives into the potential impacts on global trade, inflation, and investment strategies. They also discuss the impacts of various economic scenarios including pandemics, wars, and high inflation, and their potential effects on diversified portfolios. The episode concludes with practical advice on maintaining financial stability amidst...2025-04-0147 min
Finance Archives - Canada's EntrepreneurHow a group of misfits is changing the financial industry in CanadaColin White has been committed to transforming the financial services industry since 1992. A graduate of St. Mary’s University with a Bachelor of Commerce in Accounting, Colin holds the designations of Chartered Professional Accountant®️️️ (CPA), Certified Financial Planner®️️️ (CFP®️️️), and Chartered Investment Manager®️️️ (CIM®️️️).
Colin’s entrepreneurial journey took off in 2014, and over the past decade, he and his co-founder have grown their business from a team of three with less than $50 million in assets under management to 45 employees and just under $1 billion in assets under management.
As the co-founder of Verecan, along with Daniel LeBlanc, Colin has helped build a compa...2025-03-2843 min
Canada’s EntrepreneurHow a group of misfits is changing the financial industry in Canada - Toronto - Canada's PodcastColin White has been committed to transforming the financial services industry since 1992. A graduate of St. Mary’s University with a Bachelor of Commerce in Accounting, Colin holds the designations of Chartered Professional Accountant®️️️ (CPA), Certified Financial Planner®️️️ (CFP®️️️), and Chartered Investment Manager®️️️ (CIM®️️️).
Colin’s entrepreneurial journey took off in 2014, and over the past decade, he and his co-founder have grown their business from a team of three with less than $50 million in assets under management to 45 employees and just under $1 billion in assets under management.
As the co-founder of Verecan, along with Daniel LeBlanc, Colin has helped build a compa...2025-03-2843 minBarenaked Money54: Special Guest Carl Richards | Behavior GapOriginally Aired August, 2022. Some ideas are worth resharing. In this episode of Barenaked Money, hosts Josh Sheluk and Colin White welcome Carl Richards, a renowned certified financial planner and creator of the Sketchguy column in the New York Times. Carl discusses his approach to making complex financial concepts accessible, including insights from his books 'The One-Page Financial Plan' and 'The Behavior Gap.' The conversation delves into the emotional aspects of financial decision-making, the importance of having a clear 'why' behind financial goals, and strategies to avoid common investment mistakes. Carl emphasizes the significance of having a f...2025-03-2143 minBarenaked Money126: Financial FAQsBarenaked Money: Answering Common QuestionsIn this episode of Barenaked Money, hosts Josh Sheluk and Colin White, portfolio managers at Verecan Capital Management, tackle a series of frequently asked questions about finance. They discuss the value and costs of mutual funds versus ETFs, demystify zero fee trading platforms, and highlight the importance of having a will. The hosts emphasize the consequences of not saving for retirement even if you have a pension and explain the right times to adjust your portfolio's asset mix. They offer advice on balancing debt repayment with saving, clarify misconceptions about growth versus...2025-03-1939 minBarenaked Money123: A Look Ahead | Bold Predictions for 2025, Verecan StyleBarenaked Money: Predicting Financial Trends for 2025In this episode of Barenaked Money, hosts Josh Sheluk and Colin White, portfolio managers at Verecan Capital Management, Inc., dive into their financial predictions for 2025. They discuss potential market corrections, the efficacy of political promises like Trump's proposed savings, the impact of tariffs, and the performance of bonds and ETFs. It's a riveting conversation blending expert knowledge with humor and practical advice for the everyday investor.00:00 Introduction to Barenaked Money00:14 Predicting 2025: Accountability and Expectations01:18 The Nature of Predictions: Risks and Rewards02:48 Josh's Predictions: Politics First03:22...2025-01-2842 minBarenaked Money122: A Look Back | Reviewing 2024Recap and Predictions: A Financial Review and Forecast for 2024 and 2025In this episode of Barenaked Money, hosts Josh Sheluk and Colin White from Verecan Capital Management take a look back at their financial predictions for 2024, examining which of their forecasts came to fruition and which missed the mark. They discuss topics including Canadian inflation rates, the real estate market, the performance of Bitcoin, and the influence of AI in various sectors. The episode also highlights the importance of context and external factors in financial forecasting, and sets the stage for their upcoming predictions for 2025. Listeners can expect...2025-01-2137 minBarenaked Money121: Estate Planning Essentials | Guest Jonathan HooperEstate Planning Pitfalls and Precious Insights with Jonathan HooperIn this episode of Barenaked Money, Colin White and Matthew Kempton of Verecan Capital Management are joined by special guest Jonathan Hooper, an estate lawyer with Tupman and Bloom, to explore common mistakes in estate planning. The conversation primarily focuses on the complications that arise from outdated estate plans, the dangers of joint ownership, and the legal intricacies involved in ensuring that your assets are passed on according to your wishes. Hooper shares his expertise on issues such as unaddressed changes in life circumstances, the complexities of the...2024-12-1742 minBarenaked Money120: Conflicts of Interest | SeminarTeam Introductions and Tackling Conflicts of Interest in Financial ServicesIn this episode, Josh begins by introducing various team members from Verecan Capital Management, sharing unique tidbits about each person. Following the introductions, portfolio managers Devin Cattelan and Colin White present on conflicts of interest within the financial services industry. The session covers topics like market updates, misleading financial advice, and the importance of integrity and fiduciary responsibility. The presenters share examples of good news stories, the impact of politics on markets, and the risks of do-it-yourself investing. They also discuss the challenges related to f...2024-12-031h 29
Beyond The BankSetting a New Standard in Canadian Wealth Management with Colin WhiteIn this episode of Beyond the Bank, Andrew Auerbach sits down with Colin White, co-founder of Verecan, a pioneering firm reshaping the Canadian financial services landscape. Colin shares his journey from his early days as an accountant and life insurance agent to founding Verecan—a firm designed to eliminate conflicts of interest and set a new benchmark for client-centric financial advice.
The conversation dives into the challenges of breaking away from traditional corporate structures, the lessons learned from Colin's time in larger institutions, and the complexities of building an independent firm. Colin and Andrew explore the importance of fi...2024-11-2948 minBarenaked Money119: AI's Influence on Financial StrategiesUnveiling AI's Impact on Financial Planning with Diandra CamilleriIn this episode of Barenaked Money, host Colin White of Verecan Capital Management is joined by Diandra Camilleri, an associate portfolio manager and in-house AI expert. The conversation delves into the role of artificial intelligence in financial planning. They discuss Diandra's observations from a recent survey on Canadians using AI to manage finances and her experiments with AI tools like ChatGPT. The discussion touches on the promise and pitfalls of using AI for investment advice, highlighting both its potential and significant limitations. They also explore broader implications for...2024-11-2140 minBarenaked Money118: Election EffectDecoding Post-Election Investment StrategiesIn this episode of Barenaked Money, hosts Josh Sheluk and Colin White from Verecan Capital Management, Inc. discuss the implications of the recent election on financial markets. They delve into the complexities of making investment decisions based on election outcomes, the unpredictability of policy changes, and the pitfalls of 'Trump trade' strategies. By examining past and present scenarios, they stress the importance of long-term financial planning and avoiding speculative investments. Throughout, they offer insights into how political events impact the economy and investor behavior, ultimately advocating for a measured and well-informed investment approach.2024-11-1524 minBarenaked Money117: Global Events and Their Financial ImpactNavigating Global Financial Turbulence with Josh and ColinIn this episode of Barenaked Money, hosts Josh Sheluk and Colin White, portfolio managers at Verecan Capital Management Inc., discuss the latest global finance news. Topics include the ongoing conflict in the Middle East and its muted market impact, recent job reports from Canada and the U.S., and fluctuating interest rates. The duo also delves into regulatory challenges faced by TD Bank, highlighting a series of significant fines and governance issues. The episode underscores the unpredictable nature of markets and the importance of prudent financial planning.00:00...2024-11-0521 minBarenaked Money116: Gifting Money: A Balancing Act in Financial PlanningNavigating the Complexities of Intergenerational Wealth TransferIn this insightful episode of Barenaked Money, host Josh Sheluk and Amanda McKenna, Associate Portfolio Manager at Verecan Capital Management, delve into the intricacies of intergenerational wealth transfer. The discussion covers crucial aspects such as ensuring one's financial stability before gifting, helping younger generations enter the housing market, and navigating evolving family dynamics. Key topics include the importance of communication to reduce conflicts, strategies for financial gifting, benefits of gradual distribution, tax implications, and potential legal issues of gifting property. The conversation highlights the necessity of involving financial advisors and...2024-10-2333 minBarenaked Money115: Financial Independence, Retire Early | FIRE MovementThe FIRE Movement: Balancing Financial Independence and Early RetirementIn this episode of Barenaked Money, hosted by Ainsley Mackie and Devin Cattelan from Verecan Capital Management Inc., the discussion centers around the FIRE movement—Financial Independence, Retire Early—popular among millennials. The hosts explore the aggressive savings strategies required, such as saving up to 50% of income and living minimally. They discuss the practicality of this movement, introducing concepts like the Rule of 25 and the 4% rule, which offer guidelines for retirement savings. The episode emphasizes the importance of balancing immediate fulfilment with long-term financial goals, personalized financial planning, and...2024-10-0420 minBarenaked Money114: Dividend InvestingThe Dividend Debate: Unpacking the Myths and Realities of Dividend Investing In this episode of Barenaked Money, hosts Josh Sheluk and Colin White from Verecan Capital Management dissect the popular belief that dividend investing is a foolproof strategy. They discuss the underlying appeal of dividends and the potential misconceptions about dividend safety and provide insights into the historical performance of dividend-focused investments versus broad market indices. They also explore how the financial industry markets dividend products, the risks associated with over-concentrated dividend portfolios, and the importance of total return and diversification in investment strategy. The e...2024-09-1832 min
The Contrarian Investor PodcastEconomic Data Pointing in Right Direction, for Now: Colin White, Verecan CapitalColin White of Verecan Capital Management joins the podcast to discuss his views on the economy and why he considers the likelihood of a 'soft landing' to have increased... This podcast was recorded on Wednesday, Aug. 14, 2024 and made available for premium subscribers the following day. More information on premium subscriptions is avalailable on our Substack page.. Content Highlights Economic indicators are pointing to increased chances of a 'soft landing'... (1:10); The Federal Reserve (and other central banks) have 'bullets in their gun' in the form of interest rate cuts, should the need arise. Another reason for confidence (3:27...2024-08-2142 minBarenaked Money112: Conflicts of InterestUnderstanding Conflicts of Interest in Financial AdviceIn this episode of Barenaked Money, hosts Josh Sheluk and Colin White, portfolio managers at Verecan Capital Management Inc., delve into the complex topic of conflicts of interest in financial advice. They explore conflicts, including those seen in independent financial firms, private investment products, and sell-side research. Through recent examples and in-depth discussion, Josh and Colin emphasize the importance of understanding the business models and compensation structures behind financial advice to help protect and educate investors. They conclude by stressing the necessity of consulting genuine professionals while remaining vigilant of...2024-08-1346 minBarenaked Money109: Summer Financial Forecast | A Soft Landing or Mythical BeastThe Reality of Soft Landings: Myths, Markets, and Diversification StrategiesIn this episode of Barenaked Money, hosts Josh Sheluk and Colin White from Verecan Capital Management, Inc. discuss the concept of a 'soft landing' in the financial markets. They explore the feasibility of maintaining stable economic conditions despite rising rates and inflation. The conversation delves into the performance and risks associated with major stocks, highlighting the dominance of companies like Nvidia. The hosts stress the importance of diversification and caution in portfolio management to navigate potential economic slowdowns. They conclude with advice on maintaining...2024-07-1612 minBarenaked Money107: Your Guide to Interest Rates and Their ImplicationsBarenaked Money: Understanding the Impact of Interest Rate Cuts on Your FinancesIn this episode of 'Barenaked Money,' hosts Josh Sheluk and Colin White of Verecan Capital Management discuss the recent interest rate cut by the Bank of Canada. Through a series of candid questions, they explore the implications of the rate cut on various financial decisions, including variable rate mortgages, real estate investments, and the likelihood of a recession. They emphasize the importance of personal financial situations over market news and provide practical advice on navigating the current financial landscape. The episode also touches on...2024-06-1825 minBarenaked MoneyEpisode 96: Interview With the CIO | Our Investment Philosophy & ProcessIn this insightful episode, Verecan's VP of Marketing & Communications, Kathryn Toope, sits down with Josh Sheluk, Chief Investment Officer at Verecan Capital Management Inc., to delve into the core of Verecan's investment philosophy and process. Sheluk shares the firm's approach to navigating the unpredictability of the markets without engaging in futile forecasting. Through a blend of collaborative decision-making, diversification, and a keen focus on downside protection and risk assessment, they outline how they construct resilient investment portfolios. The conversation also covers their methodical approach to buying and selling investments, underscored by the importance of rigorous research and due diligence...2024-02-0630 minBarenaked MoneyEpisode 86: Avoid the FOMO, Retire BetterNavigating Financial Strain: Tackling Rising Mortgage CostsIn this episode of the Bare Naked Money podcast, hosts Josh Sheluk and Colin White of Verecan Capital Management discuss the impact of rising mortgage rates on personal finances. They provide practical advice on how to cope with increases in monthly payments, such as budgeting, cutting unnecessary expenses, and prioritizing needs over wants. The discussion includes leveraging tools like ChatGPT for financial tips, the psychological aspects of spending, and the importance of being realistic about one's financial situation. This episode is a must-listen for those facing financial pressure d...2023-10-1744 min
Barenaked MoneyBonus Episode: Life in the Margins | Marginal VS Average Tax RatesIt's that time again! Tax time. (OK, maybe the exclamation mark was a little misleading.) If you hear people saying they're paying 40% or 50% in income tax...that might also be a little misleading. Join Colin and Dan as they talk about marginal VS average tax rates. 2023-03-2311 min
Barenaked MoneyEpisode 74: Bank Failures? | Just Not As Interesting as CODIn this week's episode of the podcast, Colin & Josh talk about recent tribulations in banking and determine that, overall, they're just not as interesting (or distressing) as you might think. 2023-03-2112 min
Barenaked MoneyEpisode 73: Diversification | A Deep DiveWhen you're deeply involved in something, it's easy to forget what is and what isn't as obvious to others. We realized that we'd never really told you what diversification *is*, in detail. This episode will explain that jargon in detail...but not in painful detail. 2023-03-1425 min
Barenaked MoneyBonus Episode: The A Team Takeover | Ainsley, Amanda & Amy on the PodKicking off our brand new Book Club on International Women's Day, we're talking about the book Girls Just Wanna Have Funds. We're also discussing general advice for new investors and tips for choosing an advisor to work with to ramp up your path to achieving financial goals. Start where you are with what you have! 2023-03-0834 min
Barenaked MoneyEpisode 72: Mutual Funds & ETFs | Same same or not so much? Hint: Same same(ish)!Last week we discussed the big differences in things that are sometimes considered interchangeable. This week, we're going the other way! If you thought Mutual Funds and ETFs were apples and oranges, you might be surprised by this week's episode. Don't be fooled by the hype!2023-02-2830 min
Barenaked MoneyEpisode 71: RRSP vs TFSA | Same same or not so much? Hint: Not so much.RRSP vs TFSA? If you've always wanted to know exactly what a Registered Retirement Savings Account or a Tax-Free Savings Account is (but didn't want to ask a human and Google provided some contradictory search results) we've got you covered. Tune in and enjoy. 2023-02-2232 min
Barenaked MoneyEpisode 70: Off The Wall | Some of the Wildest Financial "Opportunities" We've HeardEvery so often, we hear about "an exciting financial opportunity" that has been offered to our clients or even to someone on our team. While some of these ideas even made it within throwing distance of mainstream, to the well-trained eye, they didn't seem to make much sense. Let's find out what the common themes are among these "too good to be true" true stories. Of course, we're talking about SPACs, NFTs, Crypto and more. 2023-02-1445 min
Barenaked MoneyEpisode 69: Questioning InflationIt's on everyone's mind. Inflation and interest rates and what's gonna happen next?! Josh and Colin share what we are (and are not) absolutely sure will (or will not) happen in the next 24 months, and does any of it even matter? What's an investable decision, and what's just a bit more noise in our daily lives? Tune in to find out. 2023-01-2632 min
Barenaked MoneyEpisode 68: Boldly Into the Future | The World Continues to Be InterestingColin and Josh covered some ground in this episode of Barenaked Money. Crypto, Tesla, Real Estate, Inflation...you name it, they talked about it. As Colin says, "Just accept the fact that the world is going to continue to be interesting." He's not wrong; listen in to find out everything that captured the guys' interest this week. 2023-01-2027 min
Barenaked MoneyEpisode 67: The Barenaked Medium | Predictions for 2023As we do at the beginning of each year, we channel our inner psychics and reach out to the spirit world to determine precisely what to do for the next 12 months. (Hashtag sarcasm.) Jokes aside, Josh & Colin take some time to discuss what they think may happen in 2023, and they've got a pretty decent track record. To make these predictions, they use a combination of experience, credentials, and historical data. Tune in for the ins and outs of 2023.2023-01-1025 min
Barenaked MoneyEpisode 66: 2022 | In the Rearview MirrorA look back at what did and didn't happen in 2022. It was the best of times. It was the...well, we don't need to elaborate too much on that front. You were there. We're talking about the biggest stories of the year! The guys also go over the predictions they made for 2022, join us to see whether they're prescient or just very clever. (Spoiler alert, you'll want to listen to their predictions for 2023 in the next episode...)2023-01-0643 min
Barenaked MoneyEpisode 65: Tax Policy Changes | BooyahColin wants to tell you about some relevant tax policy changes...for...entertainment? Apparently? Some changes were announced in February, and some things are lurking...you should know about these things. So we're gonna tell you and be interesting at the same time. It's a tall order, but the guys are up for the challenge. Joint bank account with a parent or kid, for convenience? You might want to pay attention to this week's episode of Barenaked Money. 2022-12-2340 min
Barenaked MoneyEpisode 64: That's Ridiculous | Josh is Riled UpWe all do it - you hear something on the news or see a policy change and, if it's in your wheelhouse and you really 'get it' you think: "That's a load." Well, if you're interested in finding out what it is that gets Josh's goat, listen in on this week's episode. 2022-12-0927 min
Barenaked MoneyEpisode 63: It's Been a Wild Ride | What's Going On, Up & Down in the Markets.Josh & Colin talk about the latest market movements, the headlines and the recent rally. Were you feeling optimistic about October, or were you more pessimistic? There was a lot of pessimism baked into the market, as Josh says. Also, there's no better word for "knee-jerky."2022-11-2521 min
Barenaked MoneyEpisode 62: The Enemy Within | Market Update Event, Fall 2022In this week's episode, we're sharing the single greatest destroyer of wealth. Care to guess what that is? This is an audio recording of our quarterly client presentation and market update. 2022-11-1059 min
Barenaked MoneyEpisode 61: Stocks VS Real Estate | Mortal ConfabThis episode is subtitled: "Josh is right, Colin is wrong, for the first time ever." What if every house on your street had a ticker tape running to tell you what it was worth last week, month, or year? What if it was as easy to sell a piece of real estate as it is to sell a stock? Join us this week as Josh & Colin discuss why we treat an investment like real estate differently than our stock portfolio and whether that difference is merited. 2022-10-2823 min
Barenaked MoneyEpisode 61: Special Guest Geoff MacDonald | Edgepoint WealthIf you've ever wondered what combination of experience, training, aptitude and skills it takes to become a renowned portfolio manager and blueberry farmer, now's your chance. Join Colin & Josh as they pick the brain of one of the best. Geoff MacDonald of Edgepoint Wealth is an award-winning portfolio manager who was recognized by the World Economic Forum as a "Young Global Leader" and named by Barron's as one of the top 50 Portfolio Managers in 2007. Aside from those accolades and the awards he continues to amass, in many ways, he's still just a guy from PEI. 2022-10-0745 min
Barenaked MoneyEpisode 59: Safe as Houses? | Canadian Banks & Real EstateThere are few things that Canadians hold in as much esteem as their banking institutions. We Canadians are pretty fortunate to have a banking system that is robust and regulated, but are those handful of publicly traded institutions the best place to invest your hard earned money? What about Real Estate? We're tackling the big questions today on Barenaked Money.2022-09-2328 min
Barenaked MoneyEpisode 58: An MF PM | The Role of a Mutual Fund Portfolio ManagerWhat does a Mutual Fund Portfolio Manager do all day? As it turns out, it's not as much Wolf of Wall Street as you're probably hoping. Still, with the help of guest James Gauthier, Vice President, Investment Products & Platforms at iA Private Wealth, Josh & Colin cover the excitement and the hard work that goes into the job. In a very down-to-earth and realistic way, you'll hear how decisions are made and what they mean. 2022-09-1635 min
Barenaked MoneyEpisode 57: The Dirty Word | RecessionYou're hearing rumblings from all the big news outlets and all the big players in the world of finance. Whether they're whispering like it's a bad word or shouting it like Henny Penny - does the fact it's being discussed endlessly make it a problem for a well-constructed plan? Listen to what Colin & Josh have to say in this week's episode. 2022-09-0929 min
Barenaked MoneyEpisode 56: Smorgasbord | A Little Something for EveryoneA lot of quick hitters in this week's episode. Consider it a medley of flavours from the world of personal finance. How important is it to be able to support a family financially for men vs women? You might be surprised at what the research shows. Are SPACs still a thing? You probably won't be surprised by what the research shows. Has Josh's opinion evolved as it pertains to Elon Musk? No. But maybe. But no. 2022-09-0231 min
Barenaked MoneyEpisode 55: The Current | All The ThingsThis week's episode was recorded a few weeks back, but it remains relevant. We're talking about current events and how to view them from a pragmatic standpoint. A key quote this week: "There's a certain amount of uncertainty in life you have to learn to live with. There's no way for us to make this completely comfortable for you." 2022-08-1930 min
Barenaked MoneyEpisode 53: Special Guest Hugh MacPhie | MagnetorSpecial guest, Hugh MacPhie, on this philosophy: "So the genesis of magnetism thinking, which is basically the core of everything we do within our firms, we try to link all of our work back to, what does magnetism, and being more magnetic imply, with respect to either strategy work, or branding work, or creating an engaging and high performing culture? And the core question that I found super interesting was, what do people cheer for and why?"2022-07-2240 min
Barenaked MoneyEpisode 52: Mr. Positivity | Turning That Frown Upside DownHumans have evolved to look for negative information and project possible outcomes. If we hadn't evolved that way...well, we wouldn't have evolved at all. So how do we overcome our natural instincts? Let Josh & Colin explain. 2022-07-0821 min
Barenaked MoneyEpisode 51: Time For a Change? | Built For the Long HaulIf you have a good financial plan in place, it's probably built for the long haul. Josh and Colin discuss the current reality of a bear market, rising interest rates, inflation and what it means to our clients in real life. 2022-06-3037 min
Barenaked MoneyEpisode 50: The Humble Brag | The Track Record ReviewHow often do you think our process has worked out in our favour and how often have we missed the boat? Find out in this week's episode of Barenaked Money when we look back over the past fifty episodes. 2022-06-2436 min