
Control and Compound with Darren Mitchell
262 episodes — Page 4 of 6

S1 Ep 112The SECRET Asset Class of the Wealthy | The PROS and CONS of Infinite Banking
On today's episode, Darren and Christina are breaking down the high cash value participating whole life policy and how the wealthy use it as an asset class. They go through the pros and cons of using the infinite banking strategy and break down what it looks like using a fixed income investment vs. the participating whole life. Tune in now! Show notes: 00:00 - Introduction 2:15 - Designing your portfolio like the wealthy do 4:10 - The PROS of a high cash value participating whole life policy 13:45 - Example of a GIC (fixed income investment) program vs. participating whole life 21:50 - The CONS of a high cash value participating whole life policy TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 112The SECRET Asset Class of the Wealthy | The PROS and CONS of Infinite Banking
On today's episode, Darren and Christina are breaking down the high cash value participating whole life policy and how the wealthy use it as an asset class. They go through the pros and cons of using the infinite banking strategy and break down what it looks like using a fixed income investment vs. the participating whole life. Tune in now! Show notes: 00:00 - Introduction 2:15 - Designing your portfolio like the wealthy do 4:10 - The PROS of a high cash value participating whole life policy 13:45 - Example of a GIC (fixed income investment) program vs. participating whole life 21:50 - The CONS of a high cash value participating whole life policy TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 111How is Bitcoin TAXED?? | How Does the CRA Classify Bitcoin?
Darren and Christina are back with part 5 of their Bitcoin series and in this episode they'll be going over how Bitcoin is taxed in Canada and depending on certain scenarios, how does CRA classify Bitcoin. Tune in now! Show notes: 00:00 - Introduction 2:25 - How does the CRA classify Bitcoin? 5:45 - How is Bitcoin taxed at different price points? 11:10 - Is there any way to reduce or eliminate the taxes on Bitcoin? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 109Unlocking YOUR Wealth: The Ultimate Strategy for Business Owners to Get Money Out of Their Corporation
On today's episode, Darren and Christina are breaking down the capital dividend account? Are you a business owner and you're trying to figure out how to get money out of your corp without paying way TOO much in tax? Well this episode is for you! They go through everything you need to know about the CDA as well as an example of how it works and why pairing it with life insurance can supercharge the account. Tune in now! Show notes: 00:00 - Introduction 3:45 - What is the capital dividend account (CDA)? 5:45 - What funds the capital dividend account? 9:35 - How does the CDA work with life insurance? 17:35 - Example of impact the CDA can have TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 109The DIRTY Little Secrets of the RRSP | Busting RRSP Myths
On today's episode, Darren and Christina are breaking down the RRSP and go over some features that a lot of people may have overlooked! They answer questions like "is an RRSP tax deductible" and "do RRSPs grow tax free" among others and compare the RRSP to other savings vehicles that are necessarily attached to the government. Tune in now! Show notes: 00:00 - Introduction 4:15 - Is an RRSP tax deductible? 5:20 - Do RRSPs grow tax free? 6:15 - Would you rather have 1 million in an RRSP or $700,000 in a non-government investment vehicle? 7:25 - Planning to retire in a lower tax bracket?? 9:45 - Working out the math behind the RRSP 17:25 - Spending the money in your RRSP 25:30 - Characteristics of an ideal investment: does the RRSP check all the boxes? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 108Is Canada's Economy Shrinking?? | Bitcoin Takes a Huge Step Forward | Buyer's or Seller's Market in 2024?
On today's episode, it's the February update and Darren and Christina are going over everything you need to know including where interest rates are heading this year, the big news for Bitcoin, and where Canada's real estate market is headed, among other things. Tune in now! Show notes: 00:00 - Introduction 1:15 - Bank of Canada and interest rates 4:25 - Bitcoin update 6:40 - Real estate market update 10:45 - Canadian economy update 15:10 - Industry news: Dividend announcement 18:50 - Control and Compound news 20:45 - Podcast news TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 107Does the PERFECT Investment Exist? | Using Life Insurance as an Investment Vehicle | MAXIMIZE Your Returns
BOOK YOUR TICKETS NOW: https://www.realestateinvestorssummit.live/joinuslive54004928?_hsenc=p2ANqtz--o0ElunSpYHW7HL4G7_PHzu9LJhKE9pt_tj7t03MTDkeapYv4RbsvUyN9VPZEDEC0vzJTk830oHJfr1o1FgrdQfeetE98yqEGw4pCksFflG2OdcM0&_hsmi=2&affiliate_id=4170004&utm_content=2&utm_medium=email&utm_source=hs_email On today's episode, Darren and Christina break down the characteristics of the ideal investment including things like growing tax free, available at all times, separate from the government, etc. You might be surprised that the ideal investment or at least something very close to it actually exists and Darren and Christina are going to tell you about it! Show notes: 00:00 - Introduction 1:30 - What is an investment? 5:25 - Characteristics of the perfect investment 15:30 - Is a high cash value life insurance policy the perfect investment? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 105Become Your Own Banker and Take Control of Your Money NOW | Nelson Nash Part 6
BOOK YOUR TICKETS NOW: https://www.realestateinvestorssummit.live/joinuslive54004928?_hsenc=p2ANqtz--o0ElunSpYHW7HL4G7_PHzu9LJhKE9pt_tj7t03MTDkeapYv4RbsvUyN9VPZEDEC0vzJTk830oHJfr1o1FgrdQfeetE98yqEGw4pCksFflG2OdcM0&_hsmi=2&affiliate_id=4170004&utm_content=2&utm_medium=email&utm_source=hs_email On today's episode, Darren and Christina are breaking down part 6 of Nelson Nash's book "Becoming Your Own Banker". They go over pages 48 and 49 which covers how to "expand your infinite banking system" to accommodate ALL of your income. You don't want to miss this one, tune in now! Show notes: 00:00 - Introduction 3:30 - Setting up your policies properly 7:50 - "Expanding the system" 10:20 - Long term look at having multiple policies 14:20 - Example of business owner with multiple policies TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 104MINIMIZE Tax On Your Passive Income | Passive Income Inside A Corporation | Life Insurance Is The Solution
On today's episode, Darren and Christina are talking about all things passive income including the new taxes, the rules of passive income, having passive income within your corporation, and solutions to lowering or even getting rid of tax on that income. Tune in now! Show notes: 00:00 - Introduction 1:30 - Breaking down the new passive income rules 7:40 - The rules of passive income 11:00 - Solutions to mitigating the passive income tax TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 103Flipping Condos 101 | The Best Types of Condos to Flip | Condo Flipping Vs. House Flipping
On today's episode, Darren is joined by the Condo King, Simon Yan. The two chat about how Simon got involved in real estate, what led him to flipping condos, how he has found success in that area, and why he's now become a mentor to share his wisdom to aspiring real estate investors/condo flippers. Tune in now! Show notes: 00:00 - Introduction 00:25 - How did Simon first get involved with real estate? 3:20 - What does a typical condo flip look like? 4:20 - Finding the best condos to flip 6:20 - Process of buying a renovating a condo 12:45 - What type of technology/tools is Simon using to determine a condo's worth? 15:00 - Are there any unique challenges with condo flipping compared to traditional house flipping? 17:10 - Why did Simon start a mentoring program to share his wisdom? 21:05 - Are there special permits Simon needs to get for condo flipping? 22:40 - Is there a fear that the condo market will drop? 28:15 - Does Simon have a particular type of condo he likes working on? 29:50 - Example of one of Simon's condo flips 32:05 - Simon's advice for new condo flippers Learn from Simon NOW: https://www.condoflipping.info/joinme2?fbclid=IwAR1AkTptCPFQ5B2J_TMlSpwypljIbEwGNZYXPyzN2J-d089JNjElp9k1HZ8 TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 102Where is Canada's Economy Going in 2024? | Interest Rates AND Inflation Predictions for the New Year
Happy New Year everyone! On the first episode of 2024, Darren and Christina are going through their predictions for the year including whether or not we're heading for a recession, interest rates, inflation, as well as Darren's take on bitcoin, is it officially back?? Tune in to find out! Show notes: 00:00 - Introduction 1:40 - Prediction for 2024 interest rates 4:25 - Will Canada go into a recession in 2024? 6:00 - Prediction for inflation in 2024 7:20 - Prediction for the stock market in 2024 8:55 - Prediction for Canadian housing market in 2024 12:10 - Prediction for Bitcoin in 2024 14:40 - Christina's prediction for AI in 2024 TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 101SMASH Your Goals in 2024 | Create The Best Business Owner Mindset
On today's episode, it's Christmas day and it also happens to be episode 100!! Darren and Christina go over the past year and talk about setting goals for 2024 and the best methods you can use to reach your goals. Tune in now, we'll see you in 2024! Show notes: 00:00 - Introduction 1:30 - Reflecting on 2023 4:15 - Setting goals for 2024 6:45 - SMART goals 9:20 - How thoughts can directly impact your behavior - MINDSET 14:15 - Cultivating a growth mindset 15:40 - Accountability and support 19:05 - Control and Compound's goals TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 100Are You Too Old For Infinite Banking? | Maximizing Outcomes With The Infinite Banking Concept
On today's episode, we're one week away from Christmas and Darren and Christina are chatting about whether or not you're too old for infinite banking. The short answer is you're not, but the two break it down a bit further and talk about what ages make the most sense and how you can get the post out of your life insurance policies at whatever age you may find yourself. Tune in now! Show notes: 00:00 - Introduction 1:20 - What is infinite banking? 5:00 - Am I too old for infinite banking? 12:05 - What happens if I start a policy later in life? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 99How Do Bitcoin Wallets Work? | Protecting Your BITCOIN | Public Key Vs. Private Key
On today's episode, Darren and Christina are back for part 4 of their Bitcoin series. They compare how bitcoin works in comparison to online banking as well as the difference between a cold wallet and a hot wallet, and of course the steps you need to take to make sure your bitcoin is protected and secure. Tune in now! Show notes: 00:00 - Introduction 3:00 - Bitcoin vs. online banking 6:45 - Hot wallet vs. cold wallet 15:20 - How secure are cold wallets compared to hot wallets? 16:05 - What happens if hardware becomes obsolete? 17:10 - Can a cold wallet be used for daily transactions? 17:35 - How do you recover funds if you use a cold wallet? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=e FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 98LEVEL UP Your Business with Danielle Chiasson | Work/Life Balance As An Entrepreneur
On today's episode, Darren chats with Danielle Chiasson. Danielle is a real estate investor, entrepreneur, and coach who runs the company Strategic Success Consulting. The two chat about Danielle's background and how she's helping business owners in many different ways find success. Tune in now! Show notes: 00:00 - Introduction 00:45 - How Danielle works with and helps other business owners 4:20 - Challenges that businesses face in 2023 9:00 - Setting realistic goals as a business owner 12:00 - How Danielle balances helping others while continuing to improve herself 15:25 - Work/life balance as an entrepreneur 18:55 - Life insurance policies and why you need to talk to Darren about it 19:50 - How Danielle is using new technologies to help businesses succeed 22:50 - What types of businesses does Danielle work with? 25:45 - Online courses and other resources from Danielle Danielle Chiasson is a serial entrepreneur in residential redevelopment and rental housing in Ontario. With a wide range of projects, from light clean-ups to full renovations and legal conversions, Danielle has demonstrated her expertise. As a general contractor, she manages trades and staff, handles finances, and continually educates herself and others. Additionally, Danielle is a passionate coach, sharing her knowledge through speaking engagements and online platforms to help investors reach their financial goals. Despite her busy schedule as a proud mother of three, she remains dedicated to supporting entrepreneurship and empowering others in business and real estate through the monthly networking events she hosts. FIND DANIELLE ON: INSTAGRAM: www.instagram.com/danielle.chiasson FACEBOOK: https://www.facebook.com/danichiasson WEBSITE: www.strategicsuccessconsulting.com LINKEDIN: www.linkedin.com/in/daniellechiasson TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 97Are We In A Recession? Bank of Canada Says NO | New Airbnb Regulations | December Update
On today's episode, Darren and Christina are back for another monthly episode. Can you believe we're in the final month of 2023?! The two chat about the upcoming interest rate update, interesting industry news in the insurance world, as well as our new segment: What's in the news? Tune in now! Show notes: 00:00 - Introduction 00:30 - Bank of Canada rate update 4:45 - Stock market update 5:15 - Bitcoin update 8:20 - Insurance industry news 12:55 - What's In The news - Fall economic update 19:55 - Control and Compound news TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 96How To Start Building Your Own Banking System | Different Ways To Purchase A Vehicle | Using Infinite Banking Properly
On today's episode, Darren and Christina are back with another series on Nelson Nash's book "Becoming Your Own Banker". They're covering pages 41-47 where Nash breaks down different ways to purchase a car including leasing, financing, paying with cash, and of course our favourite, using the infinite banking concept. Tune in now! Show notes: 00:00 - Introduction 1:45 - 5 methods to buy a car 2:45 - Financing vs. leasing 4:45 - Buying with cash 6:45 - Using a GIC 9:20 - Using the infinite banking concept TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 95The EASIEST Way To Buy Bitcoin | Bitcoin Horror Stories | Bitcoin Series PART 3
On today's episode, it's part 3 of the Bitcoin series! Darren and Christina talk about the 3 ways to buy Bitcoin including the easiest least complicated way to do it! They go over the pros and cons of each way including the Bitcoin ETF, custodial exchange, and non-custodial exchange. They also chat about some of the bitcoin horror stories that have occurred recently including the FTX debacle. Tune in now! Show notes: 00:00 - Introduction 2:05 - Pros and Cons of a Bitcoin ETF 9:00 - Custodial vs. non-custodial exchange 19:55 - Bitcoin horror stories TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 94TAX THE RICH?? Not So Fast | Are Canadians Paying Too Much in Tax? | Understanding the Marginal Tax Rate
On today's episode it's all about the tax! Darren and Christina break down federal and provincial income taxes and go through what Canadians pay at different income levels. They also chat about the importance of paying attention to your marginal tax rate. Do the rich pay enough in tax? You might be surprised by the answer. Tune in now! Show notes: 00:00 - Introduction 1:55 - Breaking down the federal income tax 3:35 - Breaking down provincial income tax 5:00 - What do federal taxes on yearly income of $106,000 look like? 7:30 - Example of using tax calculator for provincial tax on yearly income of $50,000 10:15 - How is overtime taxed? 11:45 - Example of using tax calculator for provincial tax on yearly income of $100,000 13:00 - Example of using tax calculator for tax on yearly income of $1,000,000 15:50 - Measuring the progressiveness of taxes in Canada TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound TAX TIPS: https://www.taxtips.ca/index.htm

S1 Ep 93Are Student Rentals Worth It? | Should You Add Them To Your Real Estate Investing Portfolio?
On today's episode, Darren and Christina are joined by Gillian Irving, a real estate investor who specializes in student rentals. The three chat about how Gillian got into real estate investing and what made her decide to pursue investing in student rentals. She talks about what can make them profitable, where the best places are, and why students aren't as bad as you think for tenants! Tune in now. Show notes: 00:00 - Introduction 1:35 - How did Gillian Irving end up in real estate? 4:15 - How did Gillian get into student rentals? 6:20 - Gillian's strategy to make student rentals profitable 9:50 - How do banks look at student rentals vs. traditional investment property? 11:20 - Best regions for student rentals 13:40 - Can students be good tenants? 24:40 - How to learn more about student rentals as an investment 28:30 - Example of one of Gillian's student rental properties from a cash flow perspective CONTACT GILLIAN: https://investinstudentrentals.com/contact-us/ TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 92Are You Prepared for a Recession? | Canada is Facing a SERIOUS Housing Crisis
On today's episode, Darren and Christina bring you the November update! They discuss the current interest rates, where the Canadian dollar is headed, how the stock market is looking (are we facing a housing crisis) and chat about some exciting news for Control and Compound. Tune in now! Show notes: 00:00 - Introduction 00:30 - Bank of Canada interest rate update 1:00 - Inflation update 3:40 - Canadian dollar update 7:30 - Stock market update 9:35 - Real estate market update 13:50 - Breaking down the homebuyers' account 18:25 - Control and Compound update TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 91Group Insurance 101 | Keep Insurance Costs Down with This Method | How to Take Advantage of Benefits
On today's episode, Darren and Christina are breaking down group insurance and whether or not it can be the right insurance for you and your employees. If you're a business owner, you don't want to miss this episode! Tune in now. Show notes: 00:00 - Introduction 2:10 - What is group insurance? 4:10 - Benefits of group insurance 6:10 - Who is eligible for group insurance? 8:55 - What does a standard group insurance plan cover? 14:10 - What are the costs associated with group insurance? 18:10 - What does a renewal look like? 27:50 - Darren's advice for employers looking to put a plan in place TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 90Get REWARDED For Being Healthy | Breaking Down Manulife Vitality | Is It Right For You?
On today's episode, Darren and Christina are breaking down the new product from Manulife called Vitality. If you've recently heard of this product and you're wondering what it's all about, you've come to the right place because this podcast is going to answer all your questions on Vitality including how it works, the costs involved, benefits/rewards, and whether or not this product is right for you. Tune in now! Show notes: 00:00 - Introduction 1:05 - What is Manulife Vitality and how does it work? 4:10 - How much does Vitality cost? 5:05 - Who is the perfect candidate for Vitality? 6:45 - What type of benefits/rewards can you get from Vitality? 16:00 - How does Vitality impact my life insurance policy? 16:40 - How does the points system work for rewards/benefits? 19:45 - Example of how Vitality works with life insurance TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 89Infinite Banking Explained | Structuring a Policy Properly | Become Your Own Banker Part 4
On today's episode, Darren and Christina are breaking down another chapter of Nelson Nash's book "Becoming Your Own Banker". They go over how to structure a policy properly using the infinite banking concept, as well as how you need to maximize the cash values in that policy, and why using the stock market might not be the best way to go. Tune in now! Show notes: 00:00 - Introduction 00:45 - How to structure a policy using the infinite banking concept 7:45 - What is the MTAR line? 9:05 - Choosing your dividend option properly 10:25 - Maximizing the cash values 11:35 - Using the stock market and where things can go wrong TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 88The Dirty Little Secrets of the Canadian Pension Plan PART 2 | AVOID the Old Age Security Clawback with THESE Strategies
You asked and we delivered! On today's episode, Darren and Christina are revisiting our most popular episode on YouTube and answering some of your questions on the Canadian Pension Plan and Old Age Security. If you enjoyed the last episode, you need to check this one out! We clarify some of the things we went over and dive deeper into the subjects. Tune in now! Show notes: 00:00 - Introduction 3:25 - Is there a clawback with the Canada Pension Plan? 4:50 - What is the Old Age Security clawback? 8:00 - How does the CPP death benefit work? 11:20 - What is CPP disability and how does it work? 15:50 - Why does OAS clawback happen on July 1st? 18:15 - Strategies used to avoid OAS clawback 20:50 - Advantages of income splitting 23:45 - Drawing down RSPs before starting OAS 27:45 - Capital gains breakdown 30:35 - The BEST advice to avoid OAS clawbacks TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 87Finding the Perfect Contractor for Your Investment Property Renovations ft. Mark Yataco
On today's episode, Darren and Christina sit down and chat with Mark Yataco. Mark is a real estate investment entrepreneur with over 12 years of experience in the industry. Owner of JMH Canada, Mark provides real estate development services, including residential and commercial, with a specialization in multi-family space renovations. The three chat about how Mark got into the contracting business, the strategies he uses to get the best out of his people, as well as what he and his team does to get the best out of renovations for his clients. Tune in now! Show notes: 00:00 - Introduction to Mark Yataco 2:15 - How and when did Mark get into the contracting business 4:15 - What makes a renovation on an investment property different from a regular home 8:50 - Why are quotes for renovation quotes all over the place? 13:30 - Best practices for investors to get the most out of renovations 19:40 - What does a typical renovation of an investment property look like? 26:45 - How Mark uses Discord in his business 31:25 - What's a typical price range for a renovation of a 10 unit building for Mark's team? FIND MARK ON: WEBSITE: https://www.markyataco.com/ INSTAGRAM: https://www.instagram.com/tacoboutinvesting/ YOUTUBE: https://www.youtube.com/@tacoboutinvesting TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 86Bank of Canada Interest Rates | Real Estate in Canada | October Update
On today's episode, it's the October update! Darren and Christina go over to the Bank of Canada interest rates as well as what's going on in the world of bitcoin, real estate, and the stock market. Tune in now! Show notes: 00:00 - Introduction 00:40 - Bank of Canada interest rates update 7:15 - Bitcoin update 9:45 - Stock market update 10:50 - Real estate update 12:35 - Life insurance industry news 18:30 - Control and Compound news TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 85We Attended the Real Estate Investor's Summit with Mike Holmes, Michele Romanow, and Barbara Corcoran | Here's What We Learned
Last week, Darren and Christina attended and presented at the Real Estate Investor's Summit in Toronto. It was an incredible weekend with some amazing speakers including Ken Dunn, Michele Romanow, Mike Holmes, Barbara Corcoran, and Investor Mel and Dave. On today's episode, Darren and Christina break down what they learned from the different presentations and their highlights from the weekend. Tune in now! Show notes: 00:00 - Introduction 2:10 - Ken Dunn's Presentation and Programs 12:15 - Simon Yan's Presentation 14:35 - Investor Mel and Dave's Presentation 16:45 - Equiton's Presentation 17:25 - Elevate Living REIT 19:15 - Darren's Presentations 20:40 - Michele Romanow's Presentation 23:45 - Mike Holmes' Presentation 25:30 - Barbara Corcoran's Presentation EVERYDAY INVESTOR SUMMIT TICKETS: https://www.everydayinvestorsummit.com/ TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 84TFSA VS. Whole Life Policy | Or Asset Vs. And Asset | TFSA Limitations | How To Avoid Wealth Destroyers
On today's episode, Darren and Christina break down the differences between a tax free savings account (TFSA) and a whole life policy. There's no doubt they have a favourite choice but both can definitely play a role in your financial plan! Tune in now to find out everything you need. Show notes: 00:00 - Introduction 00:45 - Breaking down the Tax Free Savings Account (TFSA) 5:20 - What you CAN'T do with your TFSA 7:45 - The major differences between a TFSA and whole life policy 17:30 - Dealing with the government in the future 21:10 - What happens in retirement? EVERYDAY INVESTOR SUMMIT TICKETS: https://www.everydayinvestorsummit.com/ TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 83How Does Infinite Banking Work? | Owning Multiple Policies | Breaking Down Nelson Nash's Book | PART 3
On today's episode, Darren and Christina are back for part 3 of breaking down Nelson Nash's famous book, "Becoming Your Own Banker". In part 3, they cover pages 21-26 and take a closer look at opportunity cost in everyday life, the moving parts in an infinite banking policy and how each role is played. They also chat about how policies get better year over year, how the dividend value gets decided and why owning multiple policies can unlock even more opportunities to invest. Tune in now! Show notes: 00:00 - Introduction 00:55 - Taking a closer look at opportunity cost 3:15 - The moving parts in an infinite banking policy - who's responsible for what 9:00 - How the policies get better year over year 10:25 - How does the dividend value get decided? 16:00 - Owning multiple policies REAL ESTATE SUMMIT TICKETS: https://www.realestateinvestorssummit.live/real-estate-investors-summit2o3psvby?affiliate_id=4170004 TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 82What is a Real Estate Investment Trust? | How Do REITs Get Taxed?
On today's episode, Darren and Christina are joined by Foundation Capital's Mit Perinpanayagam. The three chat about what a real estate investment trust is and how Mit's company, Foundation Capital is offering private individuals the opportunity to take advantage of large investment funds. They also discuss how the taxes work on the fund and what types of ways you can invest in the fund. Tune in now! Show notes: 00:00 - Introduction 2:00 - How did Mit get into real estate investing? 6:55 - Why did Mit choose southern Ontario to invest in? 10:25 - How does a real estate investment trust (reit) work? 16:00 - How is the fund taxed? 21:10 - When can you use to invest in the fund and what's the minimum amount you can invest? 24:35 - What sets Foundation Capital apart from other REITs? 29:45 - Long term plan for Foundation Capital's fund REAL ESTATE SUMMIT TICKETS: https://www.realestateinvestorssummit.live/real-estate-investors-summit2o3psvby?affiliate_id=4170004 TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound FIND MIT ON: INSTAGRAM: https://www.instagram.com/mitperin/ WEBSITE: https://foundationcapital.ca

S1 Ep 81Recession Looming In Canada | Infinity Mortgages?!
On today's episode, Darren and Christina go over the September update including what's going on with interest rates, the stock market, bitcoin, and insurance news. Is a recession around the corner? Tune in to find out! Show notes: 00:00 - Introduction 00:45 - Bank of Canada Update - Interest Rates 1:30 - Mortgage Rate Update 5:45 - When is the recession coming? 7:40 - Stock market update 8:35 - Bitcoin update 10:20 - Inflation update 12:45 - Insurance news 16:35 - Control and Compound news REAL ESTATE SUMMIT TICKETS: https://www.realestateinvestorssummit.live/real-estate-investors-summit2o3psvby?affiliate_id=4170004 TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 80Bitcoin 101: Breaking Down the Blockchain | What is a Bitcoin Miner?
REAL ESTATE SUMMIT TICKETS: https://www.realestateinvestorssummit.live/real-estate-investors-summit2o3psvby?affiliate_id=4170004 On today's episode, Darren and Christina are back with part 2 of their Bitcoin series. In this episode, they break down how blockchain technology works, the key role that miners play in the bitcoin process and what are nodes? Good question, tune in to find out! Show notes: 00:00 - Introduction 2:10 - How do we create a monetary system that has a decentralized ledger? 3:25 - What is a blockchain? 7:40 - What does bitcoin exchange look like? 11:20 - Other applications that use blockchain technology 12:55 - What is a bitcoin miner? 17:05 - How do you become a bitcoin miner? 20:40 - How do the miners get paid? 23:30 - What are nodes? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 79Does Infinite Banking Work in Canada? What YOU Need to Know | HUGE Tax Benefits
One of the questions Darren and Christina get the most, does infinite banking work in Canada? Great news, not only does it work in Canada, but it may actually be even BETTER in Canada vs. the United States. In this episode, Darren and Christina break down how infinite banking works in Canada compared to the US and why in a lot of cases it's even better! You don't want to miss out on this episode, tune in now. Show notes: 00:00 - Introduction 2:30 - Difference between Canada and USA for IBC 6:00 - Mutual companies vs. stock companies 11:00 - Tax Benefits: USA vs. Canada 13:50 - Can new Canadians use infinite banking? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 78How to Start a Real Estate Portfolio | The Power of Networking
On today's episode, Darren and Christina sit down with real estate developer Ilona Koziol and chat all about her story and how she got into real estate investing. From a background in sales, to finding serious success in the real estate game, Ilona breaks down how she found success, and what you can do yourself when starting or growing your real estate portfolio. Tune in now! Show notes: 00:00 - Introduction 1:05 - How did Ilona Koziol get into the real estate market? 3:30 - The power of networking 7:10 - Growing your real estate portfolio with larger projects 11:00 - Moving away from partners to focusing on own portfolio 17:10 - Ilona's advice for first time real estate investors 25:30 - Active vs. passive investors 31:40 - Talking to your investors the right way TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound FIND ILONA KOZIOL ON: INSTAGRAM: https://www.instagram.com/ilonakoziol.rei/ LINKEDIN: https://www.linkedin.com/in/ilona-szurski/?originalSubdomain=ca

S1 Ep 77So You Wanna Become Your Own Banker? | Solving The Human Problems | PART 2
On today's episode, Darren and Christina dive into part 2 of breaking down R. Nelson Nash's book "Becoming Your Own Banker". Specifically, they highlight the different human problems there are when it comes to investing in yourself properly. A quick tip from the wise: never stop learning! Tune in now. Show notes: 00:00 - Introduction 1:45 - Breaking down Parkinson's Law 7:05 - Breaking down Willie Sutton's Law 12:35 - The Golden Rule 15:30 - The Arrival Syndrome 19:05 - Use it or lose it TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 76Are Canadians Getting Priced Out Of Their Own Country? | August Update
On today's episode, it's the August update for Control and Compound. Darren and Christina chat about the most recent interest rate hike, inflation, the stock market, the current numbers on the Halifax housing market, as well as industry news. Tune in now! Show notes: 00:00 - Introduction 2:35 - Interest rate update 4:00 - Inflation update 10:10 - Stock market update 11:45 - Halifax housing market 15:45 - Industry news 16:55 - Control and Compound news TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 75Becoming Your Own Banker | REVIEWING R. Nelson Nash's Book That Started It All | PART 1
On today's episode, we have another new mini series where Darren and Christina will be breaking down R. Nelson Nash's (who many consider to be the Godfather of Infinite Banking) book, "Becoming Your Own Banker". Today is part 1 where they chat about the grocery store analogy, the problem people face when trying to become their own banker, and the airplane analogy. Tune in now, you don't want to miss this! Show notes: 00:00 - Introduction to R. Nelson Nash 8:15 - The grocery store analogy 10:50 - The problem 16:35 - The airplane analogy 19:10 - What you would need to create a bank TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 74The History of Money | What is Bitcoin and Should YOU Be Using It? | PART 1
On today's episode, it's part 1 of our Bitcoin series that we'll be doing over the next few months. Darren and Christina go way back to the beginning for this one and chat about the history of money, how we got to our current system and why digital currencies like Bitcoin have come into existence. Tune in now! Show notes: 00:00 - Introduction 3:30 - What is money? 8:40 - The current money system 12:25 - The digital world of money and problems with centralization 17:50 - What is bitcoin? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 73Home Equity Line of Credit (HELOC) Vs. Infinite Banking Policy Loan | Know the FACTS
On this week's episode, Darren and Christina are breaking down the differences between choosing a home equity line of credit and an infinite banking policy loan including which can be called, making payments, creditor protection, what's taxable, and which one you should choose overall. Tune in now! Show notes: 00:00 - Introduction 00:55 - Introducing a new acronym: CLUE (control, liquidity, use, and equity) 4:45 - Example of the wealthy using leverage to their advantage 8:00 - Can the HELOC be called? What about infinite banking policy loans? 10:55 - Making payments: HELOC vs. policy loan 12:15 - Creditor protection: HELOC vs. policy loan 14:00 - Death benefit: HELOC vs. policy loan 17:30 - What's taxable?: HELOC vs. policy loan 21:05 - Retirement and death: HELOC vs. policy loan 24:25 - Which one should you pick? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 72The Blueprint to Real Estate Investing With Other People's Money | Investors Mel & Dave
On today's episode, Darren and Christina are thrilled to welcome Investors Mel & Dave to the show. Mel and Dave are real estate investors that have grown a massive portfolio in 5 different countries and they've done all this without using their own money! Mel and Dave break down exactly how they did it, how they've grown a huge following on social media, and give a look into their Action! Family mentoring program. Tune in now! Show notes: 00:00 - Introduction 1:35 - How Mel and Dave got into real estate investing 3:40 - Using OPM (Other people's money) to finance projects 5:20 - Tax advantages for owner's money 7:10 - Where are Mel and Dave investing? 8:20 - Mel and Dave's exit strategy 9:15 - Flexibility with promissory notes 13:10 - Mel and Dave's life changing moment 15:05 - Action! Family mentoring program 18:00 - Breaking down Mel and Dave's strategy FIND MEL & DAVE ON: WEBSITE: www.investormeldave.com INSTAGRAM: www.instagram.com/investormeldave FACEBOOK: www.facebook.com/InvestorMelDave TIKTOK: www.tiktok.com/@investormeldave LINKEDIN: www.linkedin.com/in/investormeldave YOUTUBE: https://bit.ly/SubscribeToMelDave TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 71The New Carbon Taxes are HERE | Interest Rates Up Again | July Update
On today's episode, it's the July update and Darren and Christina are going over interest rates, the new carbon tax, stock market changes and the housing market outlook among other things. Big news in the Control and Compound world as well, have you joined our Facebook group for real estate investors and business owners that are interested in infinite banking yet? The link is below👇 JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound Show notes: 00:00 - Introduction 1:30 - Interest rate update 4:10 - The carbon tax is coming 5:50 - Stock market update 6:50 - Bitcoin update 8:40 - Housing market update 10:55 - Dividend announcements for life insurance companies 14:05 - Control and Compound Update 20:40 - C&C podcast update TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

S1 Ep 70Here's What ALL Real Estate Investors Need to Know | Breaking Down the MLI Select Program
On today's episode, Darren and Christina welcome real estate investor and mortgage expert Jacob Perez to the podcast. Jacob is able to give a unique perspective in real estate investing given his background in mortgages and he breaks down what it takes to be a successful investor. He also talks about the new MLI Select program and how you can use it to your advantage. If you're a new real estate investor or you've been doing it for a while, you don't want to miss this episode! Show notes: 00:00 - Introduction to Jacob Perez 6:15 - Jacob's advice to new real estate investors 9:05 - Qualifying for mortgages 12:05 - Making sound financial decisions 14:45 - Scaling your real estate portfolio 18:20 - Typical rate and amortization of mortgages today 22:40 - The MLI Select program FIND JACOB ON: LINKEDIN: https://ca.linkedin.com/in/jacobperez10 INSTAGRAM: https://www.instagram.com/jacobperez10/ TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 69Finding the RIGHT People for the RIGHT Job | Book Review: Who Not How
On today's episode, Christina and Darren break down the book "Who Not How" which focuses on finding the who's in your professional and personal life that will make things more effective and efficient instead of trying to do everything on your own. Tune in now! Show notes: 00:00 - Introduction 1:05 - Breaking down "Who Not How" 6:55 - Finding your unique ability 15:15 - Collaboration is key 18:45 - Finding the who's in your personal life TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 68The Importance of Beneficiaries | Have You Planned Ahead?
On today's episode, Darren and Christina break down everything that has to do with beneficiaries and how/why you need to name one in your policy! They also chat about different types of beneficiaries and how they work depending on the type of policy you have. Tune in now! Show notes: 00:00 - Introduction 00:45 - What is a beneficiary and why should I name one? 2:40 - What happens when the beneficiary is the estate? 5:30 - What is a contingent beneficiary? 6:35 - Revocable vs. irrevocable beneficiary 8:05 - Can you name a minor as a beneficiary? 9:10 - Corporate policies and beneficiaries 10:40 - Beneficiary on critical illness policy (why you should use them) 11:45 - How does a beneficiary come into play when it comes to creditor protection? 13:20 - Beneficiaries on other types of products 14:40 - How to check in and potentially update my beneficiary TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 67Financial Literacy for Business Owners | Spend and Save Your Money the RIGHT Way
On today's episode, Darren and Christina are joined by the money man Jeff Reeves. Jeff works with Control and Compound's clients and teaches them how to manage their money properly, a little financial literacy for business owners if you will! This is a fantastic episode for business owners and investors that want to fully understand what their money can do for them and especially planning for what could happen in the future. Tune in now! Show notes: 00:00 - Introduction to Jeff Reeves 3:25 - How Jeff fits in at Control and Compound 5:55 - Teaching financial literacy with Jeff 14:50 - Estate planning with Jeff 15:55 - Example of how Jeff works with clients TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 66Infinite Banking Just Got EVEN BETTER | Opportunities in Multi-Unit Industry | June Update
On today's monthly update episode, Darren and Christina break down current interest rates, inflation, the stock market and housing market. They also have some big announcements for Control and Compound in the form of a new television spot on Everyday Investor (based in Ontario and hosted by Rav Toor) and a new Facebook Community group for real estate investors and business owners interested in implementing the infinite banking concept (the link is below). Tune in now! Show notes: 00:00 - Introduction 1:15 - Interest rate update 3:40 - Inflation and shrinkflation update 6:10 - Bitcoin update 7:00 - Stock market update 8:25: Housing market update 10:00 - Multi-family unit opportunities 12:50 - Life insurance industry update 17:40 - Dividend announcement 19:40 - Control and Compound Update - Everyday Investor & Facebook Community! 24:40 - Control and Compound podcast episode updates JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/272822198449124 TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

S1 Ep 65The DOWNSIDES of Infinite Banking
On today's episode, Darren and Christina address why some people think infinite banking is a bad idea. There's a lot of untruths out there and we don't want anyone to get steered in the wrong direction when it comes to how infinite banking should work (if set up properly). Tune in now! Show notes: 00:00 - Introduction 3:20 - Vanishing premiums and what people thought in the 80s 10:15 - "There's no transparency when it comes to infinite banking" 16:40 - Smoke and mirrors with infinite banking policies 23:50 - Policies that don't pay a dividend 28:00 - Infinite income from policies TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

S1 Ep 64Canada Life Announces ONE OF A KIND New Charitable Giving Product
On today's episode, Darren and Christina chat about Canada Life's new charitable giving product! This is a very exciting announcement and the two break down exactly what it means, how it works, and how you can take advantage of it in your plan. Tune in now! Show notes: 00:00 - Introduction 1:25 - Two different ways that charitable giving works 4:45 - New product from Canada Life 10:40 - Any downsides to the new product? 12:15 - Minimum amount needed for new product 14:50 - Using the charitable giving in family foundation TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

S1 Ep 631 Year of the Control and Compound Podcast | Infinite Banking
We can't believe it's already been a year of the Control and Compound podcast and what a year it's been! On today's special episode Darren and Christina go over their favourite episodes, talk about some of the guests they had on, what happened this past year at the Control and Compound Financial, and finish off with some very exciting things to look forward to this upcoming year. Tune in now! Show notes: 00:00 - 1 year Anniversary of the Control and Compound podcast! 1:55 - Year in review: guest episodes 7:40 - Favourite episodes 14:00 - What happened this year at Control and Compound Financial and what to look forward to this upcoming year TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound