31. 5 Tips to Help Your Elderly Parents With Money



As a family caregiver, knowing when and how to help your parents with their money is not an easy feat. 

Kris Dureau understands the transition is often awkward to navigate. That’s why he’s providing the guidance you need in this episode of The Ride: Life, Work, and Wealth.

This week, Kris reveals five must-know tips to help you lead your parents with their money. He highlights that not every parent requires immediate financial assistance and explains why it’s better to work with them according to their own time and pace.

Kris discusses:

  • Signs that indicate it’s time to help your parents with their money
  • Ways caregivers can ensure they have access to the documents they need to assist their parents
  • Reasons why you should be aware of your family finances
  • The importance of constantly updating the family will 
  • And more!

Connect with Kris Dureau:


30. Home Security Systems To Enhance Home Safety With Ron Couper



Many of us have spent more time than ever at home over the last year. That’s why, for many, feeling safe and secure at home has become a top priority.

This week, Ron Couper of Capital Security Group joins Kris Dureau to discuss everything you need to know about home security systems and door cameras. Plus, Ron reveals tips and tricks to help you take care of things at home before you plan to go away for your next getaway.

Ron discusses:

  • His background and its close connection to Capital Security Group’s personalized customer service approach 
  • How home security systems have changed over time
  • Doorbell cameras and their significant features
  • Reasons you should be wary of Wi-Fi cameras and systems
  • Ways to increase home security 
  • And more!

Connect with Rob Couper:

Connect with Kris Dureau:

About Our Guest:

Capital Security Group’s Ron Couper has been in the home and business security industry for 21 years.  Ron began his career within the ADT dealer program in 2000. Since then, he has worked with the biggest names in the industry, such as  Reliance Protectron and Counterforce/Chubb Edwards.


29. Top 10 Frequently Asked Financial Questions



If you have a personal finance question on your mind, chances are, you’re not alone.

In this episode, discover the 10 most frequently asked finance questions financial advisors like Kris Dureau receive from clients.

From questions about the financial markets to  queries about retirement, investing, and insurance, Kris breaks down these questions and shares his valuable insight and easy-to-follow answers for each.   

Kris discusses:

  • The difference between RRSP and TFSA accounts
  • Must-know considerations around investment fee deductions 
  • Why you shouldn’t name underage children as secondary beneficiaries
  • Why bond prices and interest rates tend to go in opposite directions
  • How to determine the right time to retire 
  • And more!

Resources:

Connect with Kris Dureau


28. 8 Ways You Can Earn Your Financial Self-Defence Black Belt



Kris Dureau has practiced martial arts since he was 12 years old.

This hobby taught him that self-defence is all about situational awareness, so that he can identify and avoid bad situations.

In this episode, Kris Dureau highlights how martial arts principles can apply to eight key areas of your financial life. By practicing these principles, you, too, can learn to protect yourself and gain situational awareness around your money.

Kris discusses:

  • Why you should review your insurance policies regularly 
  • How knowing your household cash flow can protect your finances 
  • The idea of paying yourself first
  • Benefits of debt inventory and planning 
  • The importance of portfolio protection for soon-to-be retirees 
  • Reasons to get power of attorney documents ASAP
  • And more

Resources:

Connect With Kris Dureau


27. Manulife One: More Than Just a Conventional Mortgage With Wade Arseneault



Imagine being able to combine your mortgage, bank accounts, short-term savings, debt, and income all into one banking product.

This is exactly what Manulife One allows you to do. 

In this episode, Manulife Financial’s mortgage specialist, Wade Arseneault, joins Kris Dureau to explain just how Manulife One does this, and how they set themselves apart from conventional mortgage alternatives by providing an all-in-one product.

Wade discusses:

  • Manulife One as flexible, debt-free, and one-umbrella product 
  • Who can benefit from this mortgage solution 
  • A client success story
  • Interest rates differences between a fixed and a Manulife One mortgage 
  • How Manulife’s mortgage changes as you and your lifestyle changes
  • And more

Resources:

Connect with Wade Arseneault:

Connect With Kris Dureau

About Our Guest:

Wade Arseneault is a mortgage specialist at Manulife Bank & Trust, specializing in the Manulife One product and mortgages. His specialties include but are not limited to transaction banking, internet banking, mortgage, banking, deposit accounts, client/advisor relationship management, and more.  Along with providing direction, knowledge, and coaching, Wade is all about offering unique financial solutions for clients of all ages.


Episode 26 – Exploring Private Alternative Investments – With Travis Forman



There are two types of alternative investments: private and public alternative investments.

While private alternative investments are all about private equity, credit, and real estate, public alternative investments mainly operate in public markets and use less traditional tools such as short-selling and leveraging.

In this episode, Harbourfront Wealth Management’s senior vice president and portfolio manager, Travis Forman, sits down with Kris Dureau to explain everything you need to know about private alternative investments. He highlights this investing approach’s versatility so that you, too, can consider the benefits it could add to your portfolio.  

You will learn:

  • Who predominantly uses alternative investments 
  • Examples of alternative investments providing consistent returns
  • Private alternative investment subcategories
  • The impact of private alternatives on retirement-related savings 
  • The role of inflation in alternative investments
  • And more!

Listen today to learn how Harbourfront Wealth Management can help investors like you access private alternative investments!

Resources:  Three Hats Financial  | Kris Dureau | Travis Forman | Harbourfront Wealth Management“Why private alternatives are the future of asset allocation” by Travis Forman 

Travis Forman is based in Kelowna but also works out of offices in Vancouver and Surrey, B.C. Please note – at 6:10 of the podcast, Travis Forman refers to Rockridge Private Debt Pools best month. He is referring to December 2018 monthly return. Source: Willoughby Asset Management- Rockridge Private Debt Pool Monthly Fund Profile – February 2021. 12:02 of the Podcast – Heavily sub-advised is mentioned. This refers to the third-party managers that oversee the individual holdings in the Pools. The comments and information pertaining to the Rockridge Private Debt Pool (“The Portfolio”) are not to be construed as a public offering of securities in any jurisdiction of Canada. The offering of units of The Portfolio is made pursuant to the Offering Memorandum and only to investors in Canadian jurisdictions. Important information about The Portfolio is contained in the Offering Memorandum available through Willoughby Asset Management.


Episode 25 – Your 10-Step Pre-Retirement Checklist



One of the reasons why retirement is such a major life decision is timing. If you retire too early, you might have financial trouble. If you retire too late, you might not have the energy to enjoy it to the fullest. 

So, when is it the right time to retire? 

To help you decide, Kris Dureau walks you through his 10-step pre-retirement checklist. This list will help shed light on the different financial, health, and planning considerations you need to be aware of as you approach your next stage of life. 

In this episode, you will learn:

  • Why you need to choose the type of retirement you want to live 
  • How a cash flow plan, emergency funds, and health insurance can help you improve your retirement needs 
  • How retirees and pre-retirees can approach debt 
  • Benefits of changing your accumulation portfolio to a retirement income portfolio
  • And more!

Tune in today and discover how you can better navigate the path of retirement planning!

Resources:  Episode 6 – Why Everybody Needs a Will | Episode 15 – How to Retire Well (Part 1)Episode 16 – How to Retire Well (Part 2)  | Three Hats Financial  | Kris Dureau | Retirement Shift Worksheet | Cashflow Spreadsheet


Episode 24 -The Real State of Ontario’s 2021 Real Estate Market – With Krystal Lee Moore



Southwestern Ontarians, are you on the lookout for real estate deals, but don’t know how and where to start from?

If so, this episode is for you!

Today, Royal LePage Triland Realty’s Krystal Lee Moore joins Kris Dureau to explore the ins and outs of Ontario’s 2021 real estate market. All this to guide, support, and help you reach your ultimate real estate goals!

In this episode, you will learn:

  • Low-interest rates, COVID-19, and working from home: Factors that contribute to the current real estate market  
  • Why you might want to add extra value to your home 
  • The best times of the year to sell in Ontario 
  • The truth about first homes 
  • And more!

Listen today and find out everything you need to know about home values in our weak economic market!

Resources: Three Hats Financial  | Kris Dureau | Royal LePage Triland Realty, Brokerage | Krystal Lee Moore | Instagram | Facebook  | Soar on Amazon


Episode 23 – Spring Clean Your Finances With These 6 Steps



With spring upon us, now is the perfect time to do some financial closet-cleaning.

Are you ready to get started?

Join Kris Dureau in this episode as he guides you through your financial spring cleaning with six simple steps that will help you get your finances organized and ready for the coming seasons.

In this episode, you will learn:

  • The benefits of a financial filing system 
  • Why you should always review your investments and rebalance your portfolio
  • Which insurance policies you should be checking on
  • How to verify your credit score 
  • And more!

Listen in and start sprucing up your financial picture today!  

Resources:  Three Hats Financial  | Kris Dureau | Resources: Cashflow Spreadsheet | Equifax | TransUnion


Episode 22 – Enhance Your Online Security with These Cybersecurity Tips – With Guest Chuck Yeung



Considering the current COVID-19 environment, working, shopping, socializing, and finding entertainment are only a couple of things we can do from the comfort of our homes.  

But, to what extent is our online identity and information really protected? 

In this episode, Kris Dureau sits down with Cystech Solutions’ Chuck Yeung. Today, Chuck discusses must-know cybersecurity tips so that you can protect yourself, your family, and your business when it comes to online privacy, information, and identity.

In this episode, you will learn:

  • Why you should change your passwords every six months 
  • The role of password manager platforms when it comes to the dark web 
  • Easy ways to detect a phishing scam 
  • The importance of setting up a two-step authentication 
  • Chuck’s take on how cybercriminals operate when it comes to a ransom 
  • And more!

Listen today and find out the do’s and don’ts when it comes to protecting your identity online! 

Resources: Three Hats Financial  | Kris Dureau | Chuck Yeung  | Cystech Solutions