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DIY Wealth Canada Podcast

DIY Wealth Canada Podcast

By: Bob Lai and Nelson Smith
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Join hosts Bob Lai and Nelson Smith as they talk about wealth creation strategies, investing tips, and much, much more, all from a fiercely independent (and Canadian!) perspective.Bob Lai and Nelson Smith Economics Personal Finance
Episodes
  • Ep 26 - Can You Retire on $1M?
    Mar 30 2026

    It used to be if you had One. Million. Dollars., you were rich. Now it barely buys you a half-decent house in the most expensive real estate markets in the country.

    But $1M is still a lot of money, especially to folks who are just starting out. And the fact is the the typical Canadian retires with about $250k in investible assets.

    So, this brings up the question. Can someone retire on a million bucks in 2026?

    Bob and Nelson weigh in on that and the retirement inflation we see on social media. We break it down and reveal the actual questions one needs to answer, and how having a dollar amount in mind is only the first step towards early retirement.

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    44 mins
  • Ep 25 - Why Do We DYI?
    Mar 23 2026

    "Why don't y'all use a financial advisor?"

    This week's episode of the pod is a little more reflective than most.

    Bob and Nelson spend a lot of time talking about the 'how' part of DIY investing, helping to educate y'all on just exactly what we do and how we do it. This week's episode focuses more on the why, and why Canadians might distrust the financial advice industry.

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    39 mins
  • Ep 24 - When To Sell a Stock
    Mar 9 2026

    This week on the pod Bob and Nelson tackle one of the toughest questions in the investing world.

    Just when should you sell a stock, anyway?

    The short answer is this. It's complicated and most investors suck at it. They sell when a stock gets back to break even, or when it hits some target price they've pulled out of the sky.

    We share some thinking that has worked for us. Maybe it'll work for you, too.

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    45 mins
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