Tim Borody welcomes back Abie Quayson, Portfolio Manager with Willoughby Asset Management at Harbourfront Wealth Management, to review public market shifts over the past 12 months. In this episode, Abie shares how market rallies expanded beyond the tech-heavy “Magnificent Seven,” why Harbourfront intentionally reduced mega-cap concentration, and how the introduction of an Absolute Return sleeve helps build resilience against market shocks. They also explore valuation opportunities across international and emerging markets, providing a transparent look into how active portfolio construction and due diligence drive long-term client outcomes.

Inside Public Market Construction

• The Broadening Market Rally: Abie details how small and mid-cap companies showed up over the past 12 months to outpace broader headline indices, creating a healthier, less concentrated equity environment.
• Active Concentration Management: Learn why Harbourfront deliberately scaled back reliance on tech mega-caps, allowing active managers to protect client portfolios during summer market pullbacks.
• The Role of Absolute Returns: Discover how non-traditional, multi-manager strategies generate returns regardless of overall market direction by focusing on risk management and market differentials.
• Global & Emerging Market Valuations: Understand where global opportunities lie—from European infrastructure and defense to fast-growing emerging markets like India, Mexico, and Taiwan.

Join Tim and Abie to see how active due diligence and institutional-level strategies can safeguard your wealth while keeping your broader financial plan on track.

Tim Borody and Brad Smith sit down to discuss one of the most emotional and complex secondary assets a family can own: the family cottage. While a recreational property builds decades of cherished memories, passing it down to the next generation without a proper plan can trigger massive capital gains tax liabilities and strained sibling relationships.

Protecting Your Recreational Property

• The Emotional & Relationship Risk: Tim and Brad explain why family communication must come first, outlining how unmanaged expectations around usage schedules, maintenance, and unequal financial situations between siblings can destroy relationships.
• Drafting a Family Cottage Agreement: Learn the essential elements of a formal written agreement—including usage rotation systems, cost-sharing formulas, buyout provisions, and dispute resolution mechanisms—to eliminate future hostility.
• Handling Deemed Dispositions & Tax Bills: Understand how the CRA treats a cottage transfer as a “deemed disposition” at fair market value upon the second parent’s death, often creating an immediate six-figure tax bill even if the property is not sold.
• Using Permanent Life Insurance as a Solution: Discover how a joint-second-to-die permanent life insurance policy can instantly generate tax-free liquidity upon death, allowing the estate to pay the CRA without forcing a sale of the property.

Don’t leave your family legacy to chance. Join Tim and Brad to get practical tips on how to start the conversation early, align your heirs, and keep your cottage in the family for generations to come.

Tim Borody is joined in the studio by mortgage broker—and newly certified yoga instructor—Julia Bernier for her third appearance on Your Life and Money. Recording in mid-July 2026, Tim and Julia explore the shifts across Canadian real estate, breaking down what fluctuating interest rates, market conditions, and alternative lending options mean for buyers, sellers, and homeowners facing renewals.

Demystifying Mortgages in an Uncertain Market

• A Buyer’s Market Shift: Discover why the current real estate landscape is favoring first-time buyers, how conditional offers are making a comeback, and why sellers need realistic expectations in a cooling market.
• Decoding Interest Rates & Bond Markets: Julia breaks down the Bank of Canada’s rate holds, how global trade uncertainties drive volatility in fixed rates, and why Canadian bond yields hold the secret to where mortgage rates are headed.
• Alternative Lending & Smart Renewal Strategies: Learn how to approach mortgage renewals 120 days out, and explore solution-based options—from “B-lending” for credit or separation scenarios to reverse mortgages for senior homeowners needing property repairs.

Whether you’re shopping for your first home or looking to optimize an upcoming mortgage renewal, join Tim and Julia to gain the clarity and confidence you need to make informed decisions for your financial future.

Tim Borody and Brad Smith conclude their breakdown of the six pillars of comprehensive financial planning by digging into the strategies that determine how much of your wealth you actually get to keep. In this episode, they shift from daily asset management to long-term wealth protection, legacy design, and the immense power of family communication.

Protecting Your Wealth and Perfecting Your Legacy

• The Silent Partner of Tax Planning: Tim and Brad demonstrate how two people earning the exact same $100,000 income can pay dramatically different tax bills based on asset structure, and why true tax planning must span your earning, retirement, and estate years.
• Shifting from “Protection” to “Provision”: Discover why trying to insure against every worst-case scenario will leave you cash poor, and how to ask the right questions about transferring risk so you are simply providing for what you cannot afford to lose.
• Finishing Well with Wealth Transfer: Learn the distinction between your raw financial assets and your true intergenerational legacy, the tax advantages of charitable gifting through an estate, and why communicating your wishes while alive prevents chaos down the road.

A cash flow blueprint or a simple portfolio review is not a complete financial plan. Join Tim and Brad for this conclusion to discover how integrating all six pillars creates a structure strong enough to support the life you truly deserve.

Tim Borody and Brad Smith are back in the studio to pull back the curtain on what a comprehensive financial strategy actually looks like. If you’ve been told you have a plan but are only focusing on investment returns, you might be building on an unstable foundation—because a true, holistic roadmap requires balancing six interconnected pillars to serve your actual life, not just your accounts.

Building a Strong Financial Foundation

• The “Live, Give, Owe, Grow” Framework: Brad and Tim break down the true scope of cash flow management, showing you how to structuralize your monthly expenses, debt, and giving so that every incoming dollar has a clear purpose to improve your quality of life.
• Retiring to Purpose, Not Just From Work: Discover why 70% of retirement concerns are actually psychological rather than financial, and how to visually map out your income transitions so you can confidently shift your focus toward living a meaningful life.
• Concentration vs. Preservation: Learn why wealth is built through concentrated efforts—like a family farm, real estate, or corporate business—but preserved through deep diversification across alternative asset classes to shield your lifestyle from down market shocks.

Before you face your next major life transition, join Tim and Brad to stress-test your current strategy and learn how solidifying these first three pillars can trade financial fog for total peace of mind.

Tim Borody is back with a fresh perspective on a challenge every investor faces: market volatility. Drawing inspiration from the thrilling 2026 Masters victory and the “up and down” nature of the greens at Augusta, Tim explores why staying the course is often the hardest—but most rewarding—part of your financial journey.

Staying the Course in a Volatile Market

• The Pitfalls of Market Timing: Learn why trying to “time” the market rarely works, as missing just a few of the biggest recovery days can have a devastating impact on your long-term portfolio health.
• The Caddie Advantage: Tim explains how working with a financial advisor is like having a professional caddie; providing an objective stance to help you navigate “stormy” conditions, manage transaction costs, and keep your emotions from driving rash decisions.
• Executing Your Strategy: Discover why consistency—through habits like dollar-cost averaging and rebalancing—beats reactive selling every time, ensuring your “ball” keeps heading toward the hole regardless of the wind.

As you navigate the “interesting times” of the current market, join Tim to discover how a stress-tested roadmap can help you trade financial anxiety for the clarity and confidence you deserve.