Control and Compound with Darren Mitchell: Recent Episodes
Control and Compound Financial | BNV Media
Welcome to Control and Compound with Darren Mitchell, a podcast about infinite banking, real estate investing, and what business owners and individuals should be doing with their money. For helpful tips and tricks, visit our Instagram, Facebook, and TikTok at @controlandcompound. Episodes release every Monday.
You spent years building your company, creating revenue and accumulating retained earnings. But once the money has been made, an entirely different challenge begins:
How do you keep it working without losing access or control?
In this episode, Darren and Christina explain why successful business owners eventually begin thinking like bankers… even when they don't realize it.
They examine how banks generate wealth by controlling the movement of capital, why traditional places for storing corporate wealth can leave money trapped or inefficient, and how properly structured participating whole life insurance can help entrepreneurs build their own banking system.
You'll learn why infinite banking isn't simply an investment strategy, how corporate-owned life insurance can strengthen a corporation's financial position, and why making money and managing capital require two completely different skills.
If you've built a successful business and are now wondering what to do with the money it has created, this episode is for you.
Subscribe for straight-talking Canadian financial insights, business-owner strategies, and conversations you won't hear from your bank.
Check out our webinar on infinite banking: https://shorturl.at/k1V89
Show notes:
00:00 - Why Successful Business Owners Become Bankers
01:55 - How Banks Actually Make Their Money
05:11 - The Evolution of a Successful Business Owner
07:11 - You May Already Be Building a Banking System
09:00 - The Problem With Trapped Corporate Capital
10:48 - Infinite Banking as a Capital Management Strategy
13:17 - Using Life Insurance as a Corporate Asset
15:01 - Getting Wealth Out of Your Corporation
17:20 - The Questions Wealthy Entrepreneurs Ask
19:20 - The Lesson Banks Have Been Teaching Us
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Courtney and Terrence Howell didn't move to rural Newfoundland because it was the easiest place to build a business. They moved there because it was where they wanted to build their life.
After meeting while teaching English in South Korea, the couple eventually settled in Grates Cove, Newfoundland and Labrador. With backgrounds in anthropology and fine arts, they launched an art and tourism business before transforming an old school into a Cajun-Creole fusion restaurant.
Then a walk along the beach changed everything.
Terrence, who has lived with Crohn's disease for most of his life, was dealing with serious irritation around his medical appliance. After handling a piece of local seaweed and noticing an unexpected change in his skin, he and Courtney began exploring how its naturally occurring bioactive compounds could be extracted and preserved.
That discovery eventually became 7 Fathoms Seaweed Skin Care.
In this Entrepreneurial Spotlight, Courtney and Terrence join Darren to discuss building a business in rural Newfoundland, finding their earliest customers, working with scientific researchers, sustainably harvesting seaweed, appearing on Dragons' Den and preparing 7 Fathoms for its next stage of growth.
Learn more about 7 Fathoms Seaweed Skin Care: https://www.7fathomsseaweedskincare.ca/
Follow Control & Compound for more conversations about Canadian business, entrepreneurship, investing and building lasting wealth.
Show notes:
00:00 - From Seaweed to a Growing Skincare Company
01:15 - Meet Courtney and Terrence Howell
02:02 - Choosing a Life in Rural Newfoundland
03:14 - Starting Their First Business
04:04 - Building a Restaurant at the End of the Road
06:25 - Terrence's Journey With Crohn's Disease
08:59 - The Walk on the Beach That Changed Everything
11:15 - Turning a Personal Discovery Into a Product
13:43 - When Customers Started Calling
15:44 - The Scientist Who Walked Into Their Restaurant
19:01 - Why Entrepreneurial "Luck" Isn't Really Luck
19:19 - Discovering the Science Inside Newfoundland Seaweed
22:09 - Navigating the Difficult Years
25:00 - Raising a Family While Building a Business
27:07 - Scaling From Rural Newfoundland
31:05 - Harvesting Seaweed Sustainably
36:19 - Making It Onto Dragons' Den
38:53 - Preparing for the Dragons' Den Effect
41:37 - The Biggest Myth About Entrepreneurship
45:23 - Curiosity, Courage and Giving Back
45:51 - Where to Find 7 Fathoms
Check out our webinar on infinite banking: https://shorturl.at/k1V89
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The Bank of Canada says the Canadian economy is beginning to improve, inflation has fallen to 2.8%, the TSX has reached another all-time high and Canadian consumers continue to spend.
So why does the economic outlook still feel so uncertain?
In the August 2026 Economic Update, Darren and Christina break down the proposed 50% U.S. tariffs on certain Canadian products, the latest movement in the Canadian dollar, what's driving the Canadian and American stock markets, and why major institutions continue buying Bitcoin.
They also examine the growing disconnect between the federal government's promise to build 500,000 homes annually and CMHC's forecast that Canadian housing starts will decline over the next several years.
Darren also digs into the newly opened Gordie Howe International Bridge, why the project is great news for Canadian trade and the unanswered questions surrounding the revised revenue-sharing agreement with the United States.
Plus, they discuss the difference between mortgage insurance and personally owned term insurance, Manulife's growing use of AI, Control & Compound's new Instagram account and the episodes coming in August.
*** Follow the new official Control & Compound Instagram account: @controlandcompound_
Show notes:
00:00 - Canada's August Economic Update
03:54 - Bank of Canada Holds Interest Rates
06:42 - Inflation Falls but Groceries Keep Rising
08:15 - What's Pushing Down the Canadian Dollar?
10:30 - The TSX Outpaces the S&P 500
15:02 - Bitcoin Rebounds as Institutions Keep Buying
18:54 - Canada's Housing Market Begins to Stabilize
20:55 - The Government Promised 500,000 Homes a Year
23:13 - The Gordie Howe Bridge Is Officially Open
25:42 - Questions About the Revised Bridge Agreement
30:38 - Trump's Proposed 50% Tariffs
32:34 - Some Positive News for Canada's Economy
34:36 - Term Insurance Versus Mortgage Insurance
37:04 - How Manulife Is Using AI
39:07 - Control & Compound's New Instagram Account
41:18 - Recent Episodes and What's Coming in August
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Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay
Michele Romanow didn't build her wealth by chasing a bigger salary. She built companies, retained ownership and used each success to create her next opportunity.
In this financial autopsy, Darren and Christina examine how the Dragons' Den investor went from launching a caviar company in New Brunswick to building businesses such as Buytopia, SnapSaves and Clearco. More importantly, they break down the financial pattern that continued throughout her career.
You'll learn why ownership can create wealth differently than income, how skills and relationships compound alongside money, why entrepreneurs should think carefully before giving away equity and how successful business owners eventually make the transition from operator to investor.
Michele's journey is a Canadian success story—but the principles behind it can be applied by business owners everywhere.
Show notes:
00:00 The Financial Autopsy of Michele Romanow
01:19 - Why Michele's Story Is Different
03:50 - Meeting Michele Romanow
04:44 - The Story Before Dragons' Den
05:01 - Building a Caviar Business From Scratch
06:44 - Entrepreneurship Is About Finding Answers
08:33 - How Michele Romanow Built Her Wealth
09:03 - Why Ownership Matters More Than Income
10:22 - Turning One Success Into the Next
11:39 - The Business Problem That Inspired Clearco
12:16 - Why Founders Give Away Ownership
13:18 - Capital Without Giving Away Equity
14:22 - Control, Capital and Financial Flexibility
16:04 - Five Lessons From Michele Romanow
16:27 - Your First Business Isn't Your Forever Business
16:53 - Skills Can Compound Faster Than Money
17:28 - Protecting Your Ownership and Equity
18:26 - Making the Shift From Operator to Investor
19:30 - The Work Behind the Success
21:24 - Final Thoughts
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Canada set out to become an electric vehicle superpower. Governments backed the strategy with up to $52.5 billion in support, automakers announced massive projects, and the expectation was that jobs, exports and an entirely new Canadian supply chain would follow.
Since then, demand has fallen short of early projections, trade tensions have changed the market and some of the country's biggest EV projects have been paused or suspended.
In this episode of Control and Compound, Darren and Christina break down the economic and environmental arguments behind Canada's EV strategy, the assumptions the plan depended on, what happened to Honda's proposed $15 billion Ontario EV supply chain, and why Canada is now allowing up to 49,000 Chinese EVs into the country annually.
Was the vision wrong, or did the government try to force the future before consumers and the market were ready? Darren also explains why this story is about much more than cars; it's about who carries the risk when governments make massive industrial bets with taxpayer money.
Show notes:
0:00 - Canada's $50 billion EV gamble
2:50 - Canada's original EV superpower vision
3:36 - Economic strategy or environmental policy?
7:01 - The business owner test
8:19 - Did government force the future too quickly?
10:01 - What Canadian taxpayers committed
11:54 - Four assumptions behind the EV strategy
16:52 - What happened to Honda's $15 billion project?
18:18 - Chinese EVs enter the Canadian market
20:27 - Four ways this could play out
21:25 - The bigger issue beyond electric vehicles
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Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay
Most people think their family knows where everything is.
The reality? They usually know pieces of the puzzle.
If something happened to you tomorrow, would your spouse know where your will is? Your insurance policies? Your passwords? Your investments? Your business information? Your digital accounts?
In this episode, Darren and Christina walk through the practical checklist every Canadian should have to make one of life's hardest moments a little easier for the people they love.
Whether you're a parent, business owner, homeowner, or simply want to protect your family, this conversation could save your loved ones months—or even years—of confusion, stress, and unnecessary legal headaches.
Topics include:
- Emergency binders
- Wills
- Executors
- Business succession
- Digital assets
- Life insurance
- Common-law considerations
- Estate planning mistakes
- Protecting your family
If this episode helps you, share it with someone you care about.
Show notes:
00:00 - Introduction
02:18 - Questions Every Family Should Answer
05:20 - Build Your Emergency Binder
10:22 - The Legacy One Client Left Behind
13:11 - What Happens Without A Will
20:10 - Choosing The Right Executor
22:17 - Business Owners Need A Different Plan
24:27 - One Hour That Could Change Everything
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay
What does it really take to build a global company from Atlantic Canada?
In this month's entrepreneurial spotlight, Darren sits down with entrepreneur Travis McDonough, founder of Kinduct and Wellnify, to explore the mindset, resilience, leadership, and relentless perseverance required to build one of Canada's most successful sports technology companies.
From overcoming learning disabilities and competing as a national boxer to building a company trusted by more than 650 professional sports organizations, including teams across the NHL, NBA, MLB, and NFL, Travis shares the hard-earned lessons that shaped his entrepreneurial journey. He opens up about remortgaging his home to make payroll, navigating failure and uncertainty, scaling a startup, raising capital, leading high-performing teams, and ultimately selling Kinduct before launching his next mission-driven company, Wellnify.
This conversation goes far beyond business. It's about developing habits that shape your future, finding purpose through entrepreneurship, building organizations that matter, and creating a lasting impact in your community.
Whether you're an entrepreneur, business owner, startup founder, executive, investor, or someone striving for personal growth, this episode is packed with practical insights on leadership, innovation, resilience, business growth, and the mindset required to build something extraordinary.
In this episode:
• Building a global tech company from Halifax, Nova Scotia • The entrepreneurial mindset behind long-term success • Leadership lessons from elite sports • How to build and scale high-performing teams • Overcoming adversity, failure, and rejection • Raising capital and growing a startup • The story behind Kinduct and Wellnify • Why habits determine your future • Innovation, community, and purpose-driven leadership
If you enjoyed this episode, subscribe to Control & Compound for more conversations with entrepreneurs, business leaders, investors, and innovators who are shaping the future of business and wealth in Canada.
Show notes:
00:00 - Introduction
01:03 - Learning Disabilities That Became Travis' Greatest Strength
05:09 - What Sports Taught Him About Entrepreneurship
07:24 - Building a Business from Scratch in Ireland
11:52 - How Kinduct Grew to 650 Professional Sports Teams
17:27 - Mortgaging the House to Keep the Company Alive
23:09 - Life After Selling Kinduct
26:21 - Why Travis Started Wellnify
36:06 - Building a Legacy That Matters
40:01 - "Build Stronger Fences, Not More Ambulances"
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FIND TRAVIS ON:
LINKEDIN: https://ca.linkedin.com/in/travismcdonough
WEBSITE: https://wellnify.ai/
Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay
Canada has a problem... and it's bigger than inflation.
On this month's economic update, Darren and Christina break down the hidden crisis facing Canada's economy: uncertainty. From interest rates and inflation to the falling Canadian dollar, housing, trade negotiations, business investment, and Canada's untapped natural resources, this update explains why so many Canadians feel like the official numbers don't match real life.
They also cover what the uncertainty around the Canada-U.S.-Mexico trade agreement could mean for business owners, investors, jobs, wages, and the future of the Canadian economy.
If you're trying to understand what's really happening in Canada right now — and how it could affect your money — this episode is worth watching.
Subscribe for more Canadian financial education, economic updates, and strategies to help you take control of your money.
Show notes:
00:00 - Introduction
00:40 - Bank of Canada Rate Decision
02:35 - Inflation Is Rising Again
04:00 - Canadian Dollar Hits One-Year Low
06:05 - Stock Market Update
08:05 - Bitcoin Drops Again
10:20 - Canadian Housing Market
11:35 - Government Buying Unsold Condos
16:10 - Canada's Biggest Opportunity
20:00 - The US Trade Deal Explained
24:55 - Why Business Investment Is Stalling
28:55 - China Trade Problems
32:15 - Life Insurance Industry Update
35:00 - Keyspire Summit
37:20 - Podcasts You May Have Missed
40:30 - Final Thoughts
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Check out our webinar for business owners: https://hub.controlandcompound.com/business-masterclass-webinar-replay
For decades, Canadians were told retirement was simple:
✔ Pay off your mortgage ✔ Max out your RRSP ✔ Collect CPP and OAS ✔ Retire comfortably.
But that plan was built for a completely different Canada.
In this episode, Darren and Christina explain why inflation, taxation, government policy, and longevity are changing retirement forever—and why accumulating assets alone is no longer enough.
They break down:
- Why retirement has become a control problem instead of a savings problem
- The hidden inflation most retirees underestimate
- The RRSP "tax bet" almost nobody understands
- How government policy can completely change your retirement plan
- Why wealthy Canadians focus on flexibility instead of simply accumulating more money
- How tax diversification creates more retirement options
- Where participating whole life insurance fits into a long-term wealth strategy
If you're relying solely on traditional retirement advice, this episode may completely change how you think about building wealth.
Subscribe for weekly episodes covering Canadian wealth building, Infinite Banking, tax strategies, investing, entrepreneurship, and financial freedom.
Show notes:
00:00 - Introduction
01:49 - The retirement formula Canadians grew up believing
03:29 - Inflation, taxes and why retirement is different today
04:58 - The shocking effect of inflation over 30 years
07:56 - Why taxes destroy more wealth than investments
09:04 - The RRSP tax bet most Canadians don't realize they're making
11:05 - Hidden tax stacking in retirement
13:20 - Government policy risk and changing retirement rules
17:35 - How just 1% more taxation changes everything
19:19 - What wealthy Canadians do differently
20:40 - Why flexibility beats accumulation
22:30 - Building retirement options instead of one strategy
24:02 - Final thoughts
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https://hub.controlandcompound.com/business-masterclass-webinar-replay
John D. Rockefeller didn't just build one of the largest fortunes in history – he built a system that allowed his wealth to last for generations.
In this episode of Control and Compound, Darren and Christina are doing a financial autopsy on Rockefeller and how he built his fortune through discipline, ownership, reinvestment, vertical integration, and control of capital. They also explain how the Rockefeller family preserved wealth using life insurance, trusts, and family governance.
The big lesson? Building wealth is one thing. Structuring it properly so it can continue for generations is another.
Show notes:
00:00 - Introduction
01:41 - How Rockefeller Built His Fortune
05:54 - The Business Lessons Anyone Can Copy
09:06 - Why Controlling Capital Matters
12:40 - Borrowing Against Assets vs Selling Them
13:23 - How Rockefeller Preserved Wealth for Generations
17:51 - The Biggest Takeaway for Business Owners
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https://hub.controlandcompound.com/business-masterclass-webinar-replay
Many entrepreneurs start their business believing success will eventually create freedom. But for a lot of business owners, the opposite happens.
The business grows, revenue increases, the team expands… but so do the stress, responsibility, payroll, decisions, overhead, and financial pressure.
In this episode, Darren and Christina break down why successful entrepreneurs can still feel trapped inside the business they built. They discuss the stages of entrepreneurship, how business owners become the bottleneck, why revenue alone does not create freedom, and how systems, delegation, liquidity, and long-term planning can help create true financial and operational freedom.
They also explain why many entrepreneurs are asset rich but liquidity poor, and how strategies like corporate-owned high cash value life insurance can help business owners build stability, flexibility, retirement options, and estate planning benefits outside of the operating company.
If you are a business owner who has built something successful but still feels overwhelmed, this episode is for you.
Show notes:
00:00 - Why successful entrepreneurs still feel trapped
02:17 - The entrepreneurship lie
05:16 - Does your business own you?
06:25 - The 90-day test
08:46 - The stages of entrepreneurship
12:04 - How to start creating freedom
12:46 - Document everything
14:07 - Hire for freedom, not just growth
16:16 - Stop making every decision
18:14 - Cash flow vs. wealth
22:39 - Building liquidity outside the business
25:06 - Why cash value life insurance fits business owners
29:13 - Creating a freedom plan
32:12 - The solution: structure, liquidity, delegation, planning
34:01 - Build your business like you plan to sell it
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https://hub.controlandcompound.com/business-masterclass-webinar-replay
What if you woke up on a desert island with 100 other people and had to rebuild an economy from scratch?
In this episode of Control and Compound, Darrenl and Christina use a simple desert island story to explain one of the most important wealth-building lessons most people never learn.
Why do banks become some of the most profitable institutions in the world? Why do some families build lasting wealth while others struggle to keep it? And why does controlling capital often matter more than working harder, earning more, or finding the perfect investment?
Through the story of Fisherman Frank and Banker Bob, you'll discover how liquidity, access to capital, financing, and uninterrupted compounding can dramatically change financial outcomes over time.
Topics discussed:
• Why banks become so profitable • The difference between producing wealth and controlling capital • How liquidity creates financial resilience • Lessons from recessions, market crashes, and economic downturns • Infinite Banking and the concept of becoming your own banker • Building multi-generational wealth • Why wealthy families think differently about money
If you want to understand how money really works and why some people seem to get ahead regardless of economic conditions, this episode is for you.
#InfiniteBanking #WealthBuilding #PersonalFinance #ControlAndCompound #FinancialEducation
Show notes:
00:00 - Introduction
01:24 - Welcome to the Desert Island Economy
03:20 - How Specialization Creates Wealth
04:22 - The Problem Every Economy Faces
05:31 - Enter The Banker
07:51 - Fisherman Frank vs Banker Bob
09:30 - The Real Source of Wealth
11:48 - Becoming Your Own Banker
14:15 - Financing Growth Differently
16:16 - Why Liquidity Matters
18:18 - Building Family Wealth
20:09 - Why Banks Always Win
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https://hub.controlandcompound.com/business-masterclass-webinar-replay
Did you know the first $1,400 many Canadians pay in federal taxes goes toward servicing government debt?
Most Canadians hear terms like deficit, debt, and government spending every day, but few understand how those decisions impact mortgages, retirement planning, business owners, and future tax rates.
In this episode of Control and Compound, Darren sits down with Devin Drover of the Canadian Taxpayers Federation to discuss where taxpayer dollars are going, why government deficits matter, the capital gains tax controversy, housing affordability, and what Canada's growing debt could mean for future generations.
Whether you're a business owner, investor, professional, or simply trying to understand Canada's financial future, this conversation breaks down complex issues in a practical and easy-to-understand way.
Topics include:
• Government deficits and debt • Capital gains taxes • Taxpayer rights • Housing affordability • Small business competitiveness • Government spending and accountability • Canada's economic future
📌Subscribe for weekly conversations on taxes, investing, retirement, and building long-term wealth.
Show notes:
00:00 - Introduction
01:13 - Devin Drover's Background
02:46 - What Is A Government Deficit?
05:08 - How Deficits Affect Mortgages & Businesses
06:58 - When Does Government Debt Become Dangerous?
08:50 - Why Young Canadians Should Care
09:57 - Will Taxes Continue To Rise?
11:54 - Why Governments Keep Running Deficits
14:11 - What Would Devin Change First?
15:39 - The Teddy Waste Awards
20:04 - Capital Gains Tax Controversy
25:43 - Ongoing Legal Battles
29:08 - Canada's Biggest Financial Risk
31:00 - Rapid Fire Questions
33:11 - Is There Hope For Canada's Future?
34:48 - Where To Follow The Canadian Taxpayers Federation
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https://hub.controlandcompound.com/business-masterclass-webinar-replay
The headlines say Canada's economy is improving. GDP is growing, inflation is moderating, and recession fears have eased.
So why do so many Canadians still feel financially squeezed?
On today's episode, it's the June update and Darren and Christina break down what's happening with interest rates, inflation, the Canadian dollar, housing, stock markets, Bitcoin, business confidence, productivity, and why many Canadians feel worse off despite positive economic headlines.
They also discuss Canada's growing productivity problem, business owner confidence, real estate trends across the country, and what investors should be paying attention to moving forward.
Topics Covered:
• Bank of Canada update
• Interest rates and inflation
• Canadian dollar outlook
• Stock market performance
• Bitcoin and institutional adoption
• Housing market trends
• Small business confidence
• Canada's productivity crisis
• Economic growth vs prosperity
• Life insurance industry news
• Dividend rate updates
Show notes:
0:00 - Introduction
0:37 - Bank of Canada Update
4:33 - Canadian Dollar Outlook
5:43 - Stock Market Update
8:04 - Bitcoin Update
11:19 - Real Estate Market Update
14:16 - Why Canadians Still Feel Broke | Economic Update
24:15 - Kyle Busch Insurance Story
28:13 - Life Insurance Dividend Update
29:35 - Control & Compound Update
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https://hub.controlandcompound.com/business-masterclass-webinar-replay
Most people think financial risk means stock market volatility. But in this episode, Darren and Christina will show you the real risks Canadians face are much bigger… and most people don't realize them until it's too late.
In this episode, they discuss:
- Canada's growing debt and deficits
- Why future taxes are one of the biggest risks to retirement
- RRSP and RRIF tax traps
- Cottage and estate taxes
- Corporate tax risks for business owners
- Loss of financial control
- Sequence of returns risk
- Why wealthy families prioritize liquidity and planning
- The risk of waiting too long to make decisions
This episode is packed with practical insights for business owners, retirees, investors, and anyone serious about protecting and compounding wealth over the long term.
Show notes:
00:00 - Introduction
01:53 - What Financial Risk Really Means
04:29 - Canada's Debt and Deficit Problem
09:34 - The RRSP Tax Trap
12:50 - Cottage Taxes at Death
15:27 - Corporate Tax Risks for Business Owners
19:09 - Why Control Matters
21:40 - Sequence of Returns Risk Explained
25:18 - The Biggest Risk: Doing Nothing
28:51 - What Wealthy Families Do Differently
31:06 - Final Thoughts on Protecting Wealth
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https://hub.controlandcompound.com/business-masterclass-webinar-replay
What made Sam Walton one of the wealthiest entrepreneurs in history?
In this financial autopsy episode of Control and Compound, Darren and Christina break down how Sam Walton built Walmart from a small-town retail operation into a global empire worth hundreds of billions.
From scaling systems and reinvesting profits to using real estate, equity, trusts, and life insurance strategically, this episode dives into the exact principles Walton used to build AND protect generational wealth.
Topics include:
- Building scalable business systems
- Why Walmart targeted small towns first
- Equity compounding strategies
- Real estate ownership & control
- Access to capital during downturns
- Family trusts & estate planning
- How the Walton family preserved wealth across generations
- Corporate uses of cash value life insurance
If you're an entrepreneur, investor, or business owner looking to build long-term wealth, this episode is packed with lessons you can apply today.
Show notes:
00:00 - Introduction
01:51 - Sam Walton's Big Business Idea
03:50 - Starting Small But Thinking Big
05:04 - Why Walmart Focused on Small Towns
06:21 - Building Systems & Scaling Efficiently
07:17 - Reinvesting Profits Back Into Growth
08:18 - Using Equity to Build Massive Wealth
09:03 - What Entrepreneurs Can Learn From Sam Walton
11:18 - Investing in Business & Scaling Properly
12:22 - Real Estate Control & Owning Store Locations
14:01 - Access to Capital During Downturns
15:20 - Borrowing Against Assets vs Selling Them
16:02 - How the Walton Family Kept Their Wealth
18:17 - Life Insurance & Estate Liquidity
20:50 - Walmart's Controversial Insurance Strategy
24:08 - Final Lessons From Sam Walton
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Check out our new Business Masterclass: https://hub.controlandcompound.com/business-masterclass-webinar-replay
What if your health was your greatest financial asset?
In this episode of Control and Compound, Darren and Christina break down the growing connection between health, longevity, productivity, and wealth creation.
From Jeff Bezos and Mark Zuckerberg to Richard Branson and Tim Cook, some of the world's most successful people are prioritizing fitness, muscle building, sleep, and preventative health — and it's not by accident.
Darren and Christina discuss:
- Why "you are the golden goose"
- The connection between energy and financial performance
- Lifespan vs. healthspan
- Why muscle is critical for longevity
- The four biggest health risks facing North Americans
- How exercise impacts clarity, stress, and decision making
- Why successful entrepreneurs are investing heavily in preventative healthcare
- Simple habits that can dramatically improve your future
If you're building wealth but ignoring your health, this episode is for you.
Subscribe for more conversations around wealth, investing, financial control, and uninterrupted compounding.
Show notes:
00:00 - Why Billionaires Prioritize Fitness
00:52 - The Connection Between Health & Wealth
02:21 - "A Man With His Health Has A Thousand Dreams"
03:10 - You Are The Golden Goose
05:06 - Exercise, Energy & Decision Making
06:03 - Discipline vs Motivation
08:20 - The Hustle Culture Myth
11:49 - How Health Extends Your Wealth Timeline
13:10 - Lifespan vs Healthspan
19:04 - Why Muscle Is The Longevity Organ
21:56 - The Four Biggest Health Killers
23:53 - The Two Biggest Health Levers
26:18 - Executives Investing In Preventative Health
29:13 - The 5 Fundamentals Of Longevity
31:00 - Final Thoughts
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Check out our new Business Masterclass: https://hub.controlandcompound.com/business-masterclass-webinar-replay
From salmon fishing in Alaska to running one of the North's most respected construction companies, this episode is packed with real entrepreneurial lessons.
In this Entrepreneur Spotlight episode, Darren sits down with good friend Murray Arsenault — owner of Arctic Backhoe in Whitehorse, Yukon — to talk about risk, resilience, leadership, and what it actually takes to build a business in one of Canada's toughest operating environments.
Murray shares the story of leaving senior government roles behind, betting everything he and his wife had on buying Arctic Backhoe, navigating cash flow crises, building a dominant niche business, and why most people fundamentally misunderstand entrepreneurship.
This is a raw conversation about risk, ownership, business growth, northern Canada, and what happens when you truly go all in.
Show notes:
00:00 - Introduction
01:29 - Growing Up in Nova Scotia & Moving North
03:04 - Economic Development in the Arctic
06:09 - Murray's First Truck in the North
07:10 - Transition Into Government Leadership
10:42 - What Government Misunderstands About Entrepreneurs
14:04 - Leaving Government & Buying Arctic Backhoe
18:10 - Financing the Business Purchase
20:42 - "This Will Take Every Nickel We Have"
22:13 - Learning to Operate the Business
27:07 - The Cash Flow Crisis That Nearly Broke Them
30:18 - Growing a Business in a Small Market
34:56 - Entrepreneurship & Family Influence
41:12 - Biggest Risk & Most Underrated Business Skills
43:35 - What Murray Would Do Differently
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Canada isn't crashing… but it's not improving either.
In the May update, Darren and Christina break down what's really happening across Canada — from interest rates and inflation to real estate, stock markets, Bitcoin, and the Canadian dollar.
They unpack why the Bank of Canada is holding rates, how rising oil prices are quietly driving inflation, and why Canadians still feel stuck financially despite "stable" numbers.
The conversation dives into: • A volatile stock market surge driven by AI and global events • Bitcoin's institutional comeback and potential breakout • A slowing but pressured real estate market • Canada's growing debt problem and spending habits • And a critical breakdown of the new Canadian sovereign wealth fund — and why it may not be what it seems
Plus, a major warning about the $124 trillion wealth transfer happening right now — and why most families are completely unprepared.
This episode isn't about fear — it's about clarity.
Show notes:
00:00 - Introduction
01:00 - Bank of Canada Holds Rates
03:45 - Oil, Inflation & Cost of Living Pressure
04:38 - Canadian Dollar Breakdown
06:00 - Stock Market Surge
08:30 - Bitcoin Comeback & Institutional Buying
09:50 - Real Estate Slowing (But Not Crashing)
12:45 - Housing Affordability Crisis Explained
13:30 - Federal Economic Update & Spending
18:30 - Canada vs Norway Wealth Fund Breakdown
24:30 - The $124 Trillion Wealth Transfer Problem
27:30 - Control & Compound Updates + What's Next
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Exciting news! We're launching a new monthly series and we'll be doing financial autopsy on some of the most successful people in the world. And who better to start with then the richest person in the world, Elon Musk!
Elon Musk didn't build his fortune by playing it safe.
On today's episode, Darren and Christina break down how Elon Musk built his wealth, where he took massive risks, and what entrepreneurs, business owners, and everyday investors can learn from his approach.
They discuss how Musk concentrated his capital, reinvested relentlessly, maintained ownership, borrowed against assets instead of selling them, and stayed on the compounding curve for decades.
Whether you love him or hate him, there are major wealth-building lessons to learn from the world's richest man.
Show notes:
00:00 - Introduction
01:11 - His Wealth Strategy (Concentration)
04:42 - Big Bets & Business Model
08:01 - How He Built "Machines"
10:00 - Wealth = Equity, Not Income
12:32 - What You Can Apply
15:37 - Control & Access to Capital
17:47 - Borrow vs Sell (Key Strategy)
19:37 - Compounding Strategy Explained
22:05 - Final Lessons
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration
There's a massive shift happening in Canada right now — and most business owners aren't ready for it.
Over the next decade, the majority of privately held businesses will change hands. But here's the problem…
Most owners:
- Aren't structured properly
- Don't qualify for major tax advantages
- And are WAY too dependent on themselves
Which means when it comes time to sell…
👉 valuations drop 👉 deals fall apart 👉 and hundreds of thousands (or millions) are lost
In this episode, we break down:
- The coming business exit wave
- Why your business might be worth less than you think
- The $1.25M tax-free opportunity most owners miss
- How to structure your business properly
- What buyers ACTUALLY look for
- And what your life looks like AFTER the sale
If you're a business owner — this is not optional knowledge.
Show notes:
00:00 - The Massive Business Shift in Canada
03:13 - Why Your Business May Be Worth Less
05:13 - The $1.25M Tax-Free Opportunity
07:21 - Why Most Owners Don't Qualify
08:00 - Holding Companies Explained
08:41 - Family Trusts & Estate Freeze
11:09 - Owner Dependency Problem
14:41 - The 3 Types of Businesses
16:23 - What Happens After You Sell
18:30 - Planning Ahead with Capital
20:09 - Life After the Exit
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration
Most people think life insurance does one thing.
You pay into it… and when you die, someone gets a cheque.
But what if that's only scratching the surface?
In this episode of Control and Compound, Darren and Christina break down 16 powerful and often overlooked benefits of cash value life insurance — and why it may be one of the most misunderstood financial tools available in Canada today.
This isn't just about insurance. It's about how your money moves, how it grows, and most importantly — how much control you actually have over it.
We walk through five key areas where properly structured cash value life insurance can completely change your financial strategy:
- Control and access to capital
- Long-term, tax-efficient growth
- Leveraging opportunities without interrupting compounding
- Protection and guarantees most assets don't offer
- Retirement income and legacy planning advantages
If you're a business owner, high-income earner, or someone looking to build wealth more efficiently, this episode will challenge the way you think about saving, investing, and planning for the future.
Because in the end, it's not about finding a better investment.
It's about building a better system.
Show notes:
00:00 - Introduction
00:43 Why Cash Value Life Insurance Is Misunderstood
01:50 The 3 Pillars: Control, Access, Compounding
02:31 The 5 Buckets Explained
03:17 Bucket 1: Control (Liquidity, Flexibility, Privacy)
06:46 Bucket 2: Growth (Tax-Free + Consistency)
09:40 The "And Asset" Strategy Explained
11:19 Bucket 3: Opportunity & Leverage
14:54 Bucket 4: Protection & Guarantees
18:18 Bucket 5: Retirement & Legacy
22:19 How This Strategy Evolves Over Your Life
24:16 Final Takeaway: Control > Returns
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration
How can Canadians invest in U.S. real estate the right way?
In this episode of Control and Compound, Darren Mitchell is joined by Glen Sutherland, founder of Canadian Investing in the U.S., to break down how Canadians are buying everything from single-family homes to large apartment buildings across the border.
They cover:
- why more Canadians are investing in the U.S.
- how to avoid common tax and structure mistakes
- LLCs, corporations, and double taxation
- using corporate funds to invest in U.S. real estate
- whether you actually need a visa
- how to build and manage a U.S. real estate team from Canada
- the shift from flips to multifamily
- the importance of action, organization, and learning from mistakes
If you're a Canadian business owner, real estate investor, or entrepreneur looking for better opportunities outside Canada, this episode is packed with practical insights.
#USRealEstate #CanadianInvestors #CrossBorderInvesting #RealEstateInvesting #ControlAndCompound
Show notes:
00:00 – Canadians investing in U.S. real estate: what this episode covers
00:18 – Meet Glen Sutherland and how he built a U.S. portfolio from Canada
01:30 – Glen's entrepreneurial journey before real estate
04:19 – Why time freedom is still his definition of success
05:53 – Early real estate mistakes and nightmare tenant stories
08:21 – Why Canadians are turning to the U.S. instead of Canada
14:23 – The biggest tax and structure mistakes Canadians make
20:47 – Using corporate money to invest in U.S. real estate
22:46 – Do Canadians need a visa to invest in the U.S.?
32:55 – The story of the $20,000 property that burned down
Find Glen on:
Website: https://acanadianinvestingintheusa.com/
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration
March was a wild month – and in this April update, Darren and Christina break down what it all means for Canadians, investors, and business owners.
They cover the Bank of Canada rate hold, inflation risks, the falling Canadian dollar, stock market volatility, Bitcoin, pressure building in Canadian real estate, recession concerns, and why certainty matters more than ever in uncertain times.
They also unpack what's happening in the broader Canadian economy, why capital is leaving the country, and why more people are turning to safe, stable financial strategies.
If you're a business owner, investor, or someone trying to make smart financial decisions in a volatile environment, this episode is for you.
Register for the April 22 Business Masterclass in the link below.
Show notes:
00:00 - Introduction
01:02 - Bank of Canada holds at 2.25%
02:09 - Inflation looks better on paper, but risks remain
05:18 - Canadian dollar under pressure
07:26 - Stock market volatility in Canada and the U.S.
11:26 - Bitcoin update: weakness, regulation, and opportunity
15:09 - Canadian real estate slowdown and investor pressure
18:52 - GDP, recession risk, and money leaving Canada
19:58 - Canada's natural resource advantage and political roadblocks
23:40 - Ontario HST rebate and weird policy moves
24:09 - Why life insurance applications are surging
27:11 - Control and Compound Business Masterclass announcement
29:43 - Recent episodes recap
30:48 - What's coming this month on the podcast
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Should you pay yourself through salary or dividends as a business owner in Canada?
On today's episode, Darren and Christina break down one of the most common questions entrepreneurs ask — and explain why the answer is about much more than just taxes.
They cover the real differences between salary and dividends, how each one impacts your corporation, personal taxes, CPP, lending ability, cash flow, investing, retirement planning, and long-term wealth, and why sometimes the smartest move is to leave more money inside the corporate structure.
They also discuss:
- how salary affects borrowing capacity
- why dividends offer more flexibility
- how tax integration works in Canada
- why pulling too much money out of your corporation can hurt long-term growth
- how holding companies and corporate-owned life insurance can play a role in tax-efficient wealth planning
If you're a Canadian business owner trying to make smarter decisions with your corporate dollars, this episode is a must-watch.
Show notes:
00:00 - Introduction
00:23 - Why this is one of the most common questions entrepreneurs ask
02:38 - What salary is and how it works inside a corporation
04:48 - The biggest advantage of salary: lending and borrowing power
06:43 - What dividends are and how they differ from salary
08:06 - The lending downside of dividend income
10:33 - Tax integration in Canada: why salary and dividends often net out similarly
13:27 - Why this decision affects retirement, cash flow, and long-term wealth
15:37 - The bigger mistake: taking too much money out of the corporation
21:00 - Sometimes the right answer is neither salary nor dividends
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Most people think you start a second policy when you have more money. While that may be the case sometimes, there's so many other reasons why you can start a second, third, and maybe even a fourth policy!
On today's episode, Darren and Christina break down exactly when and why a second cash value life insurance policy makes sense. From max funding limits to corporate strategies, unexpected cash flow, and generational wealth planning, we walk through the real reasons people expand beyond their first policy.
If your first policy is doing what it's supposed to do, the next challenge isn't performance – it's capacity. This episode will help you understand how to recognize that moment, and how to build a system that grows with you, your business, and your family over time.
Show notes:
00:00 - Why a second policy becomes part of the conversation
01:23 - What clients realize after their first policy starts performing
02:09 - Why you can't just keep adding money to the same policy
03:00 - Reason #1: your first policy proved the concept works
04:10 - Reason #2: using a second policy for corporate retained earnings
05:37 - Reason #3: what to do when you come into extra money
07:16 - Reason #4: separating a workhorse policy from a legacy policy
09:08 - Reason #5: using spouse and family policies for estate planning
12:09 - Reason #6: insuring children for legacy and generational wealth
25:01 - 10 questions to ask before starting a second policy
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
What is Infinite Banking in Canada, and how do you know whether you're still at level 1.0 or ready for 2.0 and 3.0? On today's episode, Darren and Christina break down the real difference between using cash value life insurance in Canada for simple policy loans versus using it for wealth creation, retirement income, tax efficiency, and legacy planning.
They explain how Infinite Banking 1.0 is where most people start: borrowing against a properly structured policy for major purchases, liquidity, and better control over money. Then they move into Infinite Banking 2.0, where the strategy becomes a true wealth-building tool for Canadian business owners, real estate investors, and families who want to use policy liquidity to create assets, generate income, and multiply capital. Finally, they unpack Infinite Banking 3.0, where the conversation expands into tax-free retirement planning, estate planning, corporate planning, and leaving more to family instead of CRA.
If you've been researching Infinite Banking Canada, cash value life insurance, corporate-owned whole life insurance, or tax-free retirement strategies for Canadians, this episode gives a clear framework for understanding how the strategy can evolve from basic use to advanced planning.
If you're a Canadian business owner, investor, or family looking to understand how this strategy could fit into your financial plan, connect with the Control and Compound team.
Show notes:
0:00 - Intro: Infinite Banking 1.0, 2.0, and 3.0
0:48 - What most people get wrong about Infinite Banking
1:56 - Infinite Banking 1.0 explained
2:41 - Using policy loans for cars, debt, and short-term needs
4:05 - Why 1.0 builds discipline but not major wealth
4:49 - Infinite Banking 2.0: asset creation and compounding
5:14 - Using policy liquidity for real estate, business, and investing
6:15 - Building an opportunity fund and volatility buffer
8:09 - Infinite Banking 3.0: legacy, retirement, and estate planning
10:09 - Why tax-free liquidity at death matters
10:28 - Corporate-owned life insurance and the capital dividend account
12:00 - Why cash value can outperform traditional fixed-income buckets
14:06 - Retirement income, market volatility, and spending more confidently
17:09 - Why this is a major strategy for Canadian business owners
21:21 - Final recap: 1.0 vs 2.0 vs 3.0
Topics covered:
Infinite Banking Canada, cash value life insurance Canada, policy loans, uninterrupted compounding, corporate-owned life insurance, tax-free retirement, estate planning, retained earnings, retirement income planning, capital dividend account, legacy planning.
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Yesterday was International Women's Day, and today we're continuing that celebration by spotlighting an incredible woman who is building businesses, creating impact, and empowering communities. In this special Entrepreneur Spotlight episode of Control and Compound, Christina sits down with Harleen Laroia.
Harleen, a visionary CEO, spearheads a renowned childcare and Montessori brand with twelve facilities in Ontario. Driven by her children's needs, she transitioned from the corporate world to founding her own childcare brand with a unique offering of Montessori and play-based under one roof. SimplySmart Childcares provide employment for over 235 people in Ontario, with 99.9% being women.
Inspired by her daughter's birth, Harleen ventured personally into taking care of her health and finally is the Director of the two OsteoStrong facilities in Oakville & Toronto. Here, she empowers individuals of all ages and fitness levels to enhance their bone health and overall well-being, aiming to defy age-related limitations.
Harleen's leadership embodies a deep commitment to promoting well-being and empowering individuals. Her journey reflects a passion for creating positive change personally and within communities.
Under Harleen's leadership, the Childcare & Montessori establishment sets a high standard for nurturing children and providing a robust educational foundation. Meanwhile, the Osteostrong facility serves as a symbol of prioritizing health and revolutionizing fitness ideologies. Harleen's vision transcends conventional norms, emphasizing inner strength and resilience. This facility accommodates individuals aiming to enhance bone health and physical capabilities, reflecting Harleen's holistic approach to well-being. Now she is embarking on an adventure in 2026 launching the Mura CircleTM which will enable us to become more conscious parents and aware of how we show up to raise the next generation and in our relationships.
In essence, Harleen's entrepreneurial journey, fueled by her children's needs and personal experiences, encompasses childcare, education, relationships and a dedication to holistic health, leaving a lasting impact on individuals and communities.
This episode dives into entrepreneurship, leadership, wellness, parenting, and legacy — and what real strength actually looks like in business and life. If you've ever faced self-doubt, struggled to balance career and family, or wondered what it takes to build something meaningful, this conversation will resonate.
Show notes:
00:00 - Introduction
00:22 - Meet Harleen Laroia and the story behind SimplySmart
01:16 - From corporate telecom career to entrepreneurship
02:03 - Building businesses from personal need
03:16 - The impact SimplySmart had on families and children
04:54- Leadership lessons from scaling multiple businesses
06:23 - Why empowerment and trust matter more than control
07:16 - Working on the business vs in the business
08:26 - The leadership structure that helped her scale
10:31 - Entrepreneurship, stress, and women's health
13:40 - Longevity vs healthspan and the importance of wellness
16:31 - Barriers women face in business
18:30 - Why successful leaders don't take things personally
20:02 - Overcoming self-doubt and investing in personal growth
26:56 - Mirror Circle and conscious parenting
31:43 - Lightning round + final leadership insights
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Canada's economic future is becoming one of the most important conversations happening today. Rising government spending, persistent deficits, and growing debt are raising serious questions about long-term economic growth, investment, and tax policy.
On today's episode, Darren sits down with returning guest Jake Fuss, Director of Fiscal Studies at the Fraser Institute, to break down the big picture of Canada's economic trajectory. They discuss the real impact of affordability programs, government spending, deficits, and what Canada's rising debt could mean for businesses, investors, and everyday Canadians.
The conversation dives into topics like inflation pressures, business investment leaving Canada, regulatory barriers, and the potential tax implications if current fiscal trends continue.
Whether you're a business owner, investor, or simply someone trying to understand where Canada's economy may be headed, this episode provides critical context to help you make better financial decisions.
Show notes:
0:00 - Why Canada's Economic Future Should Worry You
1:28 - The New GST Credit: Will It Actually Help Canadians?
3:15 - Why Government Cash Payments Don't Fix Affordability
5:09 - Can Government Spending Cause Inflation?
6:26 - The Budget Trick: Operating vs Capital Spending
8:48 - Canada Is Running Massive Deficits… Outside a Recession
10:42 - What Happens When Deficits Become "Normal"
13:55 - Countries That Fixed Their Economies (Ireland & Estonia)
15:49 - Why Economists Measure Debt Per Person
17:12 - The Fiscal Turnaround Canada Pulled Off in the 1990s
19:22 - Why Businesses Are Investing Less in Canada
21:49 - The Biggest Economic Risks Facing Businesses Today
24:27 - Canada's Real Problem: Spending, Taxes, or Growth?
26:22 - The Biggest Economic Risk Facing Canada Right Now
27:04 - The Fiscal Myth Most Policymakers Believe
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
On the surface, things look stable. Inflation is near target. Rates are holding. The dollar isn't moving much. Markets aren't melting down.
But underneath? There are some real shifts happening.
On the March update, Darren and Christina talk about Canada's productivity problem, the growing imbalance between government and private sector jobs, real estate entering what we'd call a "pressure phase," and why Bitcoin's drop may not mean what people think it means.
They also dive into why Canada's market is outperforming the U.S. right now — and it has less to do with the economy than most people assume.
If you care about where the country is heading financially, this is an important one. Tune in now!
Show notes:
00:00 - Introduction
1:05 - Bank of Canada update
2:50 - Inflation news
3:45 - Canadian dollar update
5:10 - Stock market update
8:00 - Bitcoin update
11:10 - Real estate update
13:20 - Economic news
17:35 - Life insurance industry news
22:30 - Control and Compound news
24:20 - Podcast news
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Most entrepreneurs believe working harder is the answer. More hours. More hustle. More grind. But what if the real breakthrough isn't doing more — it's doing less of the wrong things?
On today's episode, Darren and Christina break down Buy Back Your Time by Dan Martell and explain how Canadian entrepreneurs can scale faster by delegating low-value tasks, focusing on $1,000–$10,000 activities, and building systems that create leverage. This one could change how you structure your entire week.
If you're an entrepreneur, this is a must watch!
Show notes:
00:00 - Introduction
00:40 - Who is Dan Martell
03:40 - Hustle vs systems
04:19 - The buyback principle explained
05:00 - CEO hourly rate formula
06:32 - 80% is good enough
07:53 - The buyback loop (Audit, Transfer, Fill)
08:10 - 15-minute time tracking
12:02 - Anything you track gets better
12:22 - Time value ladder breakdown
14:16 - The pain line and burnout
16:07 - Camcorder method
17:28 - 10-80-10 delegation model
19:01 - Building your buyback team
22:30 - Designing your perfect week
25:57 - Final action step: Track your week
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Canada doesn't have a formal death tax — but that doesn't mean death is simple or inexpensive. When someone passes away, taxes can be triggered immediately through deemed disposition, and on top of that, probate fees may apply depending on the province. Many Canadians confuse these two costs, and that confusion can lead to serious planning gaps.
On today's episode, Darren and Christina break down what probate actually is, how probate fees vary across Canada, what assets flow through probate, and what strategies can reduce delays and unnecessary costs. More importantly, they explain why probate isn't just about fees — it's about timing, privacy, executor stress, and making life easier for your family when they're already dealing with loss.
Show notes:
00:00 - Introduction: Why probate matters
00:23 - Canada doesn't have a formal death tax
02:41 - Deemed disposition explained
04:04 - What probate actually is
04:45 - What assets trigger probate
05:30 - What bypasses probate
06:12 - Why life insurance is different
06:31 - The real impact of probate delays
09:43 - Probate fees by province
13:06 - Simple probate reduction strategies
16:05 - Joint ownership risks
18:22 - Advanced planning strategies
21:27 - Real-world example
24:47 - Probate planning checklist
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Should incorporated Canadian business owners contribute to an RRSP — or is it quietly working against them?
On today's episode, Darren and Christina break down what an RRSP actually is (a tax deferral, not a wealth strategy), why the "you'll be in a lower tax bracket in retirement" assumption often fails for successful business owners, and how forced RRIF withdrawals + OAS clawbacks can create a much higher effective tax rate later.
They also dig into the control problem: how locking money into RRSPs can limit liquidity, reduce flexibility, and increase opportunity cost for entrepreneurs who typically earn their highest returns in their business. Finally, they address the estate planning reality — how large RRSP balances can make CRA a major beneficiary.
If you're a business owner, this is the episode to listen to before you follow the herd.
Show notes:
00:00 - Introduction
02:36 - RRSP basics: tax deferral today, taxed as income later
03:22 - The "lower tax bracket in retirement" assumption falls apart
05:19 - Why business owners often retire in the same or higher tax bracket
06:21 - Real Ontario examples: income drops, tax rate barely changes
07:20 - OAS clawback explained (effective extra tax)
10:05 - The shocker: deferring ~45% to later pay ~58% effective tax
15:55 - The control problem: RRSPs lock up entrepreneur liquidity
19:20 - Corporate opportunity cost: $0.88 in a corp vs $0.50 later
23:59 - Estate planning: why CRA can become your biggest beneficiary
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
We're flipping the script for this month's entrepreneurial spotlight series and Darren is taking his turn in the hot seat!
Entrepreneurship isn't built on highlight reels — it's built on hard decisions, uncomfortable moments, and learning how to survive uncertainty.
From walking away from a secure corporate career, to $0 months, near-business-ending moments, and learning how to pivot under pressure — Darren shares the lessons most entrepreneurs only learn the hard way.
They break down:
- Why early success is often misleading
- The reality of financial stress in entrepreneurship
- How systems and people changed everything
- Why control of cash is non-negotiable
- What truly keeps entrepreneurs going long term
This episode is for business owners, entrepreneurs, and anyone considering the leap — or already in the middle of it!
Show notes:
00:00 - Introduction
01:45 - Why Darren chose business and the financial industry
03:30 - Leaving a secure corporate career for entrepreneurship
05:40 - Starting with zero clients and the harsh reality of business
06:40 - The Disney trip that almost broke the business
08:30 - Learning to handle uncertainty and build a pivot muscle
10:30 - Why sharing struggles with the team matters
13:20 - Scaling through people and systems
16:20 - Key decisions that fueled growth and going online early
18:55 - Lessons for entrepreneurs: control your money or lose control
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Canada's economy feels uncertain heading into 2026 — but are the headlines telling the full story? On today's episode it's the February update and Darren and Christina break down what's really happening with the Bank of Canada, inflation, interest rates, real estate, stock markets, and Bitcoin.
They cover why markets can rise even when the economy feels weak, what Canadian investors should actually be paying attention to, and how smart investors are positioning themselves right now. If you're worried about inflation, housing affordability, or where to invest in 2026, this episode brings clarity without hype. Tune in now!
Show notes:
00:00 - Introduction
2:50 - Bank of Canada update
4:25 - Inflation news
5:40 - Canadian dollar update
7:05 - Stock market update
7:45 - Bitcoin update
10:30 - Real estate update
13:35 - Economic news
17:50 - Life insurance industry news
21:20 - Control and Compound news
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Choosing the right advisor is the most overlooked — and most important — part of implementing an Infinite Banking or high cash value life insurance strategy.
On today's episode, Darren and Christina break down the 8 critical questions you must ask any advisor before committing to Infinite Banking, corporate-owned life insurance, or the Rockefeller Method.
They explain why infinite banking is a long-term strategy, not a product, how poor advisor selection leads to costly mistakes, and how the right advisor helps you use policies for business growth, real estate, retirement planning, and estate preservation.
If you're a business owner, investor, or high-income professional exploring infinite banking, this episode will help you avoid red flags and choose an advisor who can actually implement the strategy properly.
Show notes:
00:00 – Introduction
01:00 – Common Infinite Banking mistakes people make early
02:13 – Real example: unused policies and missed opportunities
03:13 – Question #1: Is Infinite Banking their core focus?
04:45 – Red flags: advisors wearing too many hats
05:10 – Question #2: Do they personally use these strategies?
06:33 – Question #3: How are they using their own policies?
08:12 – Question #4: How does the strategy evolve over decades?
11:15 – Question #5: Personal vs corporate ownership explained
13:29 – Question #6: Advisor compensation and transparency
15:17 – Question #7: What happens after the policy is issued?
17:01 – Question #8: Coordination with accountants and lawyers
18:25 – Why Infinite Banking is only as good as the strategy behind it
19:18 – Final takeaway: intentional, uninterrupted compounding
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Most Canadians think retirement is about hitting a number but on today's episode, Darren and Christina break down why that mindset can quietly destroy your plan. They expose the biggest retirement lies in Canada: "I'll be in a lower tax bracket," "CPP/OAS will cover me," "inflation won't be that bad," and why the 4% rule can lead to underspending (or worse). You'll learn the five retirement risks that can cut retirement income in half — and what a "volatility buffer" can do to protect your withdrawals in down markets.
Most retirement plans ignore the exact risks that show up when it matters most. If you want a plan that's built for real Canadian retirement math — start here.
Show notes:
00:00 - Introduction
01:19 – Key question: If your retirement beliefs weren't true, when would you want to know?
01:46 – The real driver: retirement success is withdrawal strategy, not just the number
02:33 – The retirement illusion: why "hit $1M" and "pick the right investments" fails
03:18 – 4 misconceptions: lower tax bracket, CPP/OAS/RRSP will cover you, inflation won't hurt
05:07 – The 5 retirement risks that cut income in half
05:36 – Sequence of returns risk (market volatility): why selling in a down year is deadly
08:15 – Inflation math: what 2% vs 5% inflation does to buying power
11:07 – The tax trap: RRIF minimums, future tax brackets, and OAS clawbacks
12:15 – Longevity risk: why planning to 85 isn't enough
13:53 – Health & lifestyle costs: the "unknown expenses" problem
16:06 – The safe withdrawal rate problem: why the 4% rule is under pressure
18:36 – The spending lie: retirement spending isn't flat — "every day is Saturday"
19:59 – Go-go / Slow-go / No-go years: how spending actually changes
23:45 – The cash wedge strategy: good idea, questionable product choices
25:45 – Proposed solution: adding an uncorrelated "volatility buffer" bucket
32:24 – Wrap: reduce stress, increase retirement income, protect against risks
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Well we've officially made it to the end of our Rockefeller Method Series! This episode closes it all out by bringing everything together into one complete system.
The Rockefeller Method isn't a product you buy or a strategy you "try." It's a long-term framework built on certainty, structure, and intentional living. In this final chapter, Darren and Christina explain why wealth doesn't fail because of markets or bad investments — it fails when families don't pass down wisdom alongside money.
You'll learn why Infinite Banking, trusts, and governance structures only work when they're supported by clear values, shared philosophy, and ongoing family leadership. This episode introduces the concept of a Family Constitution — a document that captures how a family thinks about money, responsibility, opportunity, and legacy.
Most families focus on inheritance. The wealthy focus on heritage.
This conversation breaks down how families can protect wealth for generations by teaching clarity, confidence, and purpose — not just transferring assets. If you're serious about building wealth that lasts longer than you do, this episode is essential.
Show notes:
00:00 - Introduction
01:49 – The Fatal Flaw in Most Wealth Plans
02:12 – Heritage vs Inheritance
02:51 – What Is a Family Constitution?
04:13 – The 4-Part Family Constitution Framework
04:32 – Premise: Your Philosophy of Money
06:50 – Vision: What Wealth Is Actually For
07:54 – Purpose: Your Family's 'Why'
09:04 – Strategy: Principles Over Tactics
11:09 – Why Writing It Down Changes Everything
12:06 – Passing Down Character, Not Just Capital
14:22 – Why This Takes Time (And That's Okay)
16:37 – Goal Setting for Legacy
18:56 – The Rockefeller Method as a Complete System
20:06 – The Vanderbilt vs Rockefeller Lesson
20:49 – Next Steps and Resources
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
What actually happened with our 2025 predictions — and what does 2026 really look like for Canadians?
In our annual predictions episode, Darren and Christina review last year's forecasts and hold themselves accountable for what they got right, what they missed, and what changed. From there, they break down what the data, policy decisions, and economic realities suggest for 2026.
They cover:
- Bank of Canada interest rate expectations and why cuts may be nearing the end
- Why "higher for longer" interest rates are changing how Canadians must plan
- Canada's GDP outlook and why slow growth may persist
- Inflation: why it looks controlled on paper but still hurts everyday Canadians
- Housing market predictions for 2026 (no boom, no crash — strategy matters)
- Stock market outlook for Canada vs the U.S.
- Bitcoin: what we got wrong, what fundamentals improved, and realistic expectations
- Why cash value life insurance continued to quietly outperform as a stable foundation asset
This episode is not about predictions for clicks — it's about understanding the environment Canadians are actually navigating and how to make informed decisions in a year defined more by stability than speculation.
Whether you're an investor, business owner, or planner, this episode will help you enter 2026 with clarity, discipline, and a stronger financial framework.
Show notes:
00:00 - Introduction
1:50 - Bank of Canada predictions
4:00 - GDP predictions
6:40 - Inflation predictions
9:50 - Stock market predictions
12:15 - Real estate predictions
16:05 - Bitcoin predictions
20:00 - Cash value life insurance predictions
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Big goals don't create results — consistent execution does. In our annual goal setting episode, Darren and Christina share how they personally plan their year using a framework that blends EOS-style 90-day planning, daily habit systems, anti-goals, and weekly scorecards.
You'll learn why annual goals alone don't drive behavior, how to break big goals into manageable checkpoints, and how small daily actions compound into massive progress over time. The conversation also covers why perfection isn't required, how to recover quickly when you fall off track, and how to keep momentum going without burnout.
This episode is designed to help you move from motivation to control — and build a year that actually reflects your priorities.
Let's make 2026 your biggest and most successful year yet!
Show notes:
00:00 - Introduction
3:45 - Why do people fail to hit their goals?
5:45 - Step one: Set big goals
6:40 - Step two: Checkpoint goals
7:40 - Step three: Daily systems
9:20 - Step four: Anti-goals
11:20 - Step five: Rules
14:55 - Step six: The EOS system
20:55 - Step seven: Monthly calibration
23:10 - The three pillars of goal setting
25:50 - The anchor habit
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Most people don't realize that choosing the wrong dividend option can completely undermine a whole life insurance strategy.
On today's episode, Darren and Christina break down every dividend option available inside a participating whole life policy — and explain why Paid-Up Additions (PUAs) are not just the best option, but the only option that consistently delivers long-term wealth, liquidity, and control.
You'll learn:
- What insurance dividends actually are (and how they differ from investment dividends)
- Why options like reduced premiums, cash dividends, and loan repayment slow down wealth
- How paid-up additions immediately increase cash value AND death benefit
- Why higher death benefit forces higher cash value over time
- How dividends on dividends create the "snowball effect" of uninterrupted compounding
- Why most critics of whole life insurance are reacting to poorly designed policies
If you're using whole life insurance as a wealth tool — or considering Infinite Banking or the Canadian Rockefeller Method — this episode explains why paid-up additions are the engine that makes everything work.
Show notes:
00:00 - Introduction
1:20 - Different types of dividend options
3:20 - Example of paid up addition
8:30 - Darren's analogy
13:45 - Why paid up additions give you control and access to your money
19:00 - Wrap up
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
You worked hard. You took the risk. You built the business. So why does it feel like the CRA is the biggest partner you never invited in?
On today's episode, Darren and Christina break down the most dangerous corporate cash traps business owners fall into — often without even realizing it. From passive income clawbacks to estate planning disasters, these mistakes quietly erode your profits and limit your future options.
This is required listening for Canadian business owners who want control, flexibility, and tax efficiency — not surprises from the CRA.
Show notes:
00:00 - Introduction
1:50 - What are corporate cash traps?
3:10 - The passive income trap
7:10 - Inefficient profit distribution
9:25 - Corporate association rules
11:55 - Estate planning traps
14:20 - Loss of the lifetime capital gains exemption
17:50 - How do we solve these traps?
21:15 - Real life example
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
In Part 9 of The Rockefeller Method series, Darren and Christina break down the most overlooked part of wealth building: your team. They reveal how wealthy families like the Rockefellers use a family office mindset, coordinated advisors, and clear governance to protect wealth for generations.
You'll learn why most Canadians focus only on products, while the rich obsess over alignment between accountants, lawyers, planners, and insurance specialists. They also show how to apply this in Canada using corporate-owned life insurance, the capital dividend account (CDA), and high cash value policies.
Show notes:
00:00 - Introduction
01:11 - Products Are NOT a Plan — Team Coordination Is
03:01 - Fragmentation: The Silent Killer of Wealth
05:01 - How the Rockefellers Built Their Family Office
07:01 - The Cost of Bad Advice + Money Magnifies Errors
09:31 - Preparing Heirs: Why Money Magnifies Who You Are
11:46 - Canadian vs. U.S. Rockefeller Method Differences
13:31 - Step 1: High Cash Value Life Insurance Foundation
15:31 - Corporate-Owned Policies & The Power of CDA
17:31- Generation 2 Policies + Cascading Tax-Free
20:11 - Trusts in Canada: Doing It the Right Way
22:31 - Different Plans for Different Families
25:01 - The Trustee & Board of Trustees: Your Team After You're Gone
27:01 - The CEO of the Family Wealth System: YOU
29:01- Final Takeaways: Start With the Foundation, Build Over Time
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Most entrepreneurs think they need more clients. Chris Cooper says they actually need better math.
In December's edition of our entrepreneurship series, Darren sits down with Chris Cooper as they break down The Simple Six – the six metrics every business owner MUST understand if they want to stop grinding and start growing:
- Client head count (HEAD)
- Average revenue per member (ARM)
- Length of engagement (LEG)
- Effective hourly rate
- ROI on your expenses
- Net owner benefit
Inside the episode, you'll discover:
- Why being the best trainer, stylist, or technician does NOT make you a great business owner
- How underpricing quietly destroys your business (and what to fix first)
- Why increasing average revenue per client is more powerful than chasing more leads
- How Chris' mentorship program uses the Simple Six to find your biggest growth opportunity each month
- Why so many passionate entrepreneurs quit—not because they stop caring, but because the money math doesn't work
Whether you're a gym owner, real estate investor, advisor, or any kind of entrepreneur, these six numbers apply to YOU.
Show notes:
00:00 - Introduction to Chris Cooper
01:22 - Chris hits rock bottom financially before a life-changing mentorship opportunity appears.
03:39 - The start of his blog DontBuyAds.com and turning blog posts into a bestselling book.
07:35 - Early growth of Two-Brain Business and choosing mentorship over courses for real results.
11:07 - Chris explains the Simple Six business metrics that drive profitability and success.
16:02 - Why entrepreneurs must fix pricing first before chasing more clients.
18:53 - The Golden Hour habit: one focused hour each day that 4x's business growth.
22:16 - Systems and documentation that turn chaos into a business that runs itself.
25:04 - The key traits of entrepreneurs who succeed long-term: self-leadership and consistency.
27:22 - The role of coaches in solving major problems in business and health in Canada.
33:33 - Redefining success: freedom of time, focus, energy, and money.
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Can you believe it's already December! What a year we've had and Darren and Christina are back for the last monthly update of 2025. In this episode, they'll cover:
- Bank of Canada's final rate decision of the year and what stubborn inflation means for borrowers
- Why the Canadian dollar is stuck around 71–73 cents and what could shake it loose
- Stock markets defying expectations with double-digit gains year-to-date
- The latest Bitcoin correction: is it a buying opportunity or time to panic?
- Canada's soft but stable housing market and where motivated sellers are showing up
- The new memorandum of understanding for a pipeline from Alberta to the BC coast and what it could mean for Canada's economy
- Strong earnings from Canada's big insurers and why whole life insurance keeps dominating
- A very cool health perk: multi-cancer early detection testing through Manulife Vitality
- A quick recap of the Rockefeller Method Masterclass and what's coming next on the podcast
If you're a Canadian investor, business owner, or just trying to make sense of money in this environment, this one's for you.
Show notes:
00:00 - Introduction
00:35 - Bank of Canada update
3:50 - Canadian dollar update
4:50 - Stock market update
5:40 - Bitcoin news
13:25 - Real estate update
16:10 - Economic news
23:30 - Life insurance industry news
28:45 - Control and Compound news
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Sign up for our Rockefeller Masterclass now: https://hub.controlandcompound.com/rockefeller-method-webinar
Inflation is the biggest tax Canadians never voted for – and most people don't even realize they're paying it. On today's episode, Darren and Christina expose how inflation erodes purchasing power, widens the wealth gap, and punishes Canadians who don't own assets.
We break down:
- Why CPI numbers are manipulated and misleading
- How governments use inflation to repay debt with cheaper dollars
- The REAL reason housing, groceries, and energy feel up 30–200%
- Asset inflation vs consumer inflation — and why the rich get richer
- Why wages never keep up
- The "perfect storm" that crushed everyday Canadians
Then we show you the 4-step blueprint to beat inflation using the Infinite Banking Concept, including:
- Keeping your savings ahead of inflation
- Reducing taxes legally
- Buying more assets using policy loans
- Protecting yourself from market crashes
- PLUS the bonus step: creating generational wealth
If you want to escape inflation, eliminate tax drag, and start building REAL wealth the way wealthy families do… this episode is a must-watch.
Show notes:
00:00 - Introduction
00:42 – What Inflation REALLY Is (Not Just "Prices Up")
02:44 – Money Printing, Debt & Silent Wealth Transfer
04:27 – How CPI Hides Real Inflation
07:14 – Housing, Rent & Why Young Canadians Are Screwed
08:50 – Consumer Inflation vs Asset Inflation
10:25 – Central Banks, Wages & the Growing Wealth Gap
11:39 – The Perfect Storm for Everyday Canadians
12:04 – Why Canada's Housing Problem Is Almost Unfixable
13:29 – The Two Worlds of Inflation: Spenders vs Owners
14:54 – The 4 Steps to Beat Inflation
15:32 – Step 1: Make Your Savings Keep Up
16:23 – Step 2: Reduce Taxes (RRSP vs Infinite Banking)
20:15 – Step 3: Buy Assets & Use the "AND Asset" Strategy
22:32 – Step 4: Protect Retirement with a Volatility Buffer
25:56 – Bonus Step: Generational Wealth & the Rockefeller Method
28:41 – How to Get Started with Infinite Banking
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Sign up for our Rockefeller Masterclass now: https://hub.controlandcompound.com/rockefeller-method-webinar
On today's episode, Darren and Christina break down the 2025 Canadian federal budget! They unpack why this so-called "once-in-a-generation" plan looks more like deficits on steroids, with a projected $78.3B deficit this year and national debt heading toward $2.9 trillion by 2029.
They dive into exploding interest costs, Ottawa's controversial net debt-to-GDP spin using CPP, and what this all means for taxes, interest rates, small business owners, and Canadian families. If you care about Canadian politics, fiscal responsibility, and building wealth in a high-tax, high-debt environment, this is a must-watch.
Show notes:
00:00 - Introduction & Budget Overview 01:10 - "Smoke and Mirrors" Budget Explained 02:28 - Deficits on Steroids & Record Spending 04:34 - Debt Explosion & Long-Term Consequences 07:03 - Interest Costs: The Silent Crisis 11:26 - Higher Rates & Government Picking Winners 13:31- Housing Promises vs. Reality 16:18 - Immigration Policy Tightening & Housing Impact 19:42 - First-Time Homebuyer Rebate Explained 21:53 - The Three Big Takeaways for Canadians 23:31 - Why Infinite Banking Matters More Than Ever 26:44 - Final Thoughts BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Sign up for our Rockefeller Masterclass now: https://hub.controlandcompound.com/rockefeller-method-webinar
In Part 8 of The Rockefeller Method series, Darren and Christina break down one of the most powerful chapters in What Would the Rockefellers Do? — "Maximize Your Financial Efficiency and Earning Potential."
This episode is all about financial efficiency and how wealthy families like the Rockefellers legally reduce:
- ✅ Taxes (income tax, capital gains tax, estate tax)
- ✅ Interest payments (mortgages, credit cards, lines of credit, business loans)
- ✅ Fees (investment fees, MERs, fund fees, hidden advisor fees)
Darren and Christina walk through the real math behind your lifetime earning potential and show how small tweaks in tax planning, debt structure, and cash flow management can be worth millions of dollars over a 30-year career.
You'll learn:
- How a typical earner can bring in $6.6 million over a 30-year working life
- Why 40% or more can quietly disappear to taxes
- How 35%+ can be lost to interest payments
- Why chasing "high risk, high return" is one of the biggest financial planning myths
- How to think like a wealthy family office, even if you're just getting started
They also explain how high-cash-value life insurance and infinite banking-style strategies can:
- Create tax-advantaged growth
- Provide tax-free access to capital through policy loans
- Act as a private family bank to fund real estate deals, business opportunities, and emergencies without interrupting compound growth
This episode is ideal for:
- Canadian business owners
- High-income professionals
- Real estate investors
- Anyone looking for tax-efficient wealth-building strategies that don't rely on market gambling
Show notes:
00:00 - Introduction
02:00 - The Rockefeller Masterclass Announcement
03:10 - The 3 Wealth Destroyers
05:00 - Earning Potential & Self-Investment
06:20 - Taxes & Interest Breakdown
08:10 - Additional Wealth Destroyers
10:40 - High Risk vs High Return Myth
13:25 - Efficiency, Leverage & Control
15:10 - Life Insurance as the Solution
17:00 - Private Banking & Compounding
19:30 - Finding Everyday Efficiencies
21:00 - Rockefeller Strategy Breakdown
23:00 - How to Start Applying It
25:00 - Final Takeaways
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Sign up for our Rockefeller Masterclass now: https://hub.controlandcompound.com/rockefeller-method-webinar
On this month's entrepreneurial spotlight, Darren and Christina sit down with Caleb Bowers, President of Bowers Construction, to unpack how he went from being laid off, losing $70,000 in a single year, and driving a truck he couldn't afford… to building one of Atlantic Canada's most respected custom home brands.
If you're a business owner, aspiring entrepreneur, real estate investor, or custom home dreamer, this episode is a masterclass in:
- Building a brand on craftsmanship, trust, and values
- Choosing value over volume in a "race to the bottom" industry
- Using Instagram and online reputation to attract dream clients
- Balancing marriage, family, faith, and business
- Playing the long game with development and legacy projects
By the end, you'll see exactly how integrity, long-term thinking, and genuine care for clients can build a business—and a legacy—that actually lasts.
Show notes:
0:00 – Introduction to Caleb Bowers 1:30 – Building a brand on craftsmanship, trust & East Coast values 2:31 – Early money motivation & seeing wealth from "arm's length" 4:05 – First job at Highgate Homes: from labourer to general manager 6:52 – Seeing both sides: client vs builder vs landlord 7:55 – Getting laid off and starting Bowers Construction 11:20 – Buying three lots & learning the hard way on spec homes 14:10 – The year Caleb lost $70,000 (and the meeting that changed everything) 16:26 – Choosing value over volume in homebuilding 19:38 – Core values: Be a good person & go the extra mile 22:03 – Kids, marriage, and why business is now second to family 24:16 – "This is home": meaning behind the tagline 28:35 – Instagram strategy & becoming an early adopter 31:29 – Expansion into New Brunswick & rebranding with his brother 34:54 – Rapid-fire questions with Caleb
Connect with Bowers Construction:
WEBSITE: https://bowersconstruction.ca/
INSTAGRAM: https://www.instagram.com/bowersconstruction/?hl=en
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today's episode, it's the November update! The economy is shifting — fast. With rate cuts back on the table, inflation refusing to fade, and housing programs promising change, Canadians are searching for clarity. Darren and Christina unpack everything you need to know before 2026 hits:
-
The Bank of Canada's second consecutive cut — what it means for your savings, debt, and investments
-
Inflation's comeback and why it's still "sticky"
-
Youth unemployment at 15% — the next financial crisis no one's talking about
-
Bitcoin's Black Friday meltdown and how institutional whales like BlackRock profited
-
The truth about Build Canada Homes — a $13 billion federal experiment
-
Canada's looming $70 billion deficit and what it says about our future
If you're a Canadian business owner, investor, or someone who refuses to let the economy dictate your freedom — this episode is for you.
Show notes:
00:00 - Introduction
00:30 - Interest rate update
1:25 - Inflation update
3:40 - Canadian dollar update
4:40 - Stock market and Bitcoin update
10:25 - Real estate market update
17:25 - Economic news
20:25 - Life insurance industry news
23:00 - Podcast news
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Sign up for our Rockefeller Masterclass now: https://hub.controlandcompound.com/rockefeller-method-webinar
In the second edition of our Wealth Coach episodes, Darren and Christina once again since down with wealth coaches Connor Eagleson, Dan Spry, and Jake Mitchell to reveal the biggest surprises they uncovered when they first discovered the Infinite Banking Concept – and how it continues to transform the financial lives of Canadians today.
Key Themes in This Episode:
- The "aha" moments that changed how our coaches think about money, control, and compounding.
- Why traditional banking fails business owners — and how becoming your own banker changes everything.
- The power of uninterrupted compound growth and how most Canadians unknowingly destroy it.
- The shocking misinformation about Infinite Banking spreading on social media — and how to separate fact from fiction.
- Real stories from former commercial bankers and advisors who realized how much flexibility and control a properly structured cash-value policy can create.
- How corporate structures, retirement planning, and estate strategies all tie together through one powerful tool.
- Why top accountants and tax strategists across Canada are now embracing these policies for business owners.
What You'll Learn: Our team pulls back the curtain on the real mechanics of Infinite Banking — not the marketing hype. You'll learn:
- How to build liquidity and control using your own capital instead of relying on banks.
- The importance of choosing the right insurance company and structure from day one.
- How to create a tax-free retirement income stream and a family estate plan using the same strategy.
- Why traditional financial advice often fails to protect your wealth from the four major wealth destroyers: taxes, fees, volatility, and misinformation.
- How Canadian business owners can use corporate policies to grow and preserve wealth tax-efficiently.
Show notes:
00:00 - Introduction
01:00 - From banker to wealth coach: Dan's revelation
03:00 - Using one tool for savings, retirement, and estate planning
05:00 - Jake on the danger of poorly structured policies
07:00 - Connor on the real rate of return vs. control and compounding
09:00 - How Infinite Banking avoids the "zeroing-out" savings curve
12:00 - Christina discusses the shocking impact of taxes, fees, and volatility
13:00 - The rise of misinformation about Infinite Banking
16:00 - Why accountants now support these strategies
19:00 - Working hand-in-hand with your accountant and lawyer
20:00 - Final thoughts: Once you learn this concept, you can't unlearn it
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today's episode, Darren and Christina are breaking down the OpCo trap! Most Canadian business owners are unknowingly making a massive mistake with their corporate cash — one that could cost them millions in unnecessary taxes and wipe out their eligibility for the lifetime capital gains exemption.
They discuss the difference between an Operating Company (OpCo) and a Holding Company (HoldCo), why so many business owners are leaving too much cash inside their active company, and how that decision exposes them to creditor risk, tax traps, and missed opportunities for wealth protection.
Whether you plan to sell your business, pass it on to your family, or build long-term wealth through your corporation, this episode explains how to properly structure your company — and why high cash value life insurance plays a crucial role in creating a tax-free corporate opportunity fund.
This is essential education for business owners, incorporated professionals, farmers, and real estate investors who want to maximize wealth and minimize risk. Tune in now!
Show notes:
00:00 - Introduction: Why the OpCo Trap matters
03:00 - What is an OpCo vs. a HoldCo?
04:30 - Why business owners leave too much cash inside their operating company
05:45 - Tax differences between corporate and personal income
06:30 - Why keeping cash in your OpCo feels smart… until it isn't
08:30 - The Lifetime Capital Gains Exemption (LCGE) explained
11:00 - What is a CCPC (Canadian-Controlled Private Corporation)?
12:40 - What are QSBC shares, and how to maintain eligibility
13:40 - The 3 qualification tests for LCGE (ownership, 50% rule, 90% rule)
15:00 - How too much passive cash or real estate can disqualify your shares
16:30 - The "purification" process explained — and how to fix a dirty OpCo
18:00 - Why timing matters: you need 24 months to requalify
20:00 - Moving funds into your HoldCo for protection and flexibility
21:00 - Corporate investing do's and don'ts — passive income warnings
22:00 - Why over $50,000 of passive income can reduce your small business deduction
23:00 - Comparing HoldCo investment options: real estate, markets, and life insurance
23:45 - Why high cash value life insurance outperforms other corporate assets
25:00 - Corporate tax efficiency, CDA benefits, and wealth preservation
26:00 - Action steps: how to avoid the OpCo Trap and build your corporate wealth strategy
27:00 - Final disclaimer and closing thoughts
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today's episode, it's part 7 of the Rockefeller Method Series, Darren and Christina break down Chapters 9 and 10 of What Would the Rockefellers Do? — revealing exactly how the wealthy design, structure, and fund their infinite banking policies for long-term, tax-free growth.
This episode moves from theory to real-world action. You'll learn how to properly design your own high-cash-value life insurance policy, how to ensure you're working with the right company, and how to find the money to fund it — without increasing your income. Tune in now!
Show notes:
00:00 - Introduction
02:00 - Understanding Human Life Value
04:45 - Designing the Perfect Whole Life Policy
07:30 - Choosing the Right Insurance Company
10:40 - Why It Works Better in Canada
11:40 - Mindful Cash Management vs. Budgeting
14:00 - The Four I's of Efficiency
16:00 - How to Reallocate Your Money to Fund the Policy
19:00 - Corporate Strategies & Retained Earnings
21:00 - Building Your Peace of Mind & Opportunity Funds
22:40 - Wrap-up
BOOK A CALL WITH US 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
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
Welcome back to another episode of Control and Compound. Today's episode is the first in our Entrepreneurial Series that highlights some of Canada's most successful and interesting entrepreneurs.
Episode 1 features David Fraser, founder and CEO of Bunkie Life, to talk about how a simple problem — running out of bedrooms — turned into a national phenomenon.
David shares his journey from building the first bunkie for his family, to pitching on Dragon’s Den, scaling manufacturing across North America, and building a company culture obsessed with connection and customer success.
They also dive into:
- How to grow a company while keeping its heart and values intact
- Lessons from surviving near-bankruptcy and turning it into growth
- How Bunkie Life’s “Win a Bunkie Giveaway” became a marketing goldmine
- Why “Made in Canada” still matters
- Bitcoin, entrepreneurship, and what real wealth means
- Giving back through the Ronald McDonald House partnership
Whether you’re an entrepreneur, dreamer, or family business owner, this episode is packed with inspiration, practical wisdom, and a few laughs along the way!
Show notes:
00:00 - Introduction to David Fraser
00:55 – The origin of Bunkie Life: Solving a family space problem
02:10 – First builds and early growth
05:05 – How Bunkie Life makes assembly easy for anyone
07:00 – The “Made in Canada” mission and why it matters
08:35 – Scaling without losing the heart of the company
09:50 – Creating culture, community, and “the Bunkie Life cult”
13:10 – Solving customer problems before they even happen
16:10 – The near-bankruptcy story and lessons learned
19:00 – The viral Bunkie Giveaway: marketing genius explained
22:20 – Expanding into the U.S. and what’s next for Bunkie Life
27:00 – Wealth, inflation, and the housing market reality
30:00 – Giving back: Bunkie Life + Ronald McDonald House
33:00 – Legacy, family, and building for the next generation
35:10 – Rapid fire: hardest builds, best books, and future outlook
37:20 – Advice for every Canadian entrepreneur
BOOK A CALL WITH US 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
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, it’s the October Update and Darren and Christina are back from the Real Estate Investing Summit to break down all the news include an interesting Bank of Canada Update, a close look at the stock market and by extension the Bitcoin market, as well as real estate news across the country and some economic news that you NEED to know. Tune in now!
Show notes:
00:00 - Introduction
00:35 - Bank of Canada update
2:05 - Inflation update
3:15 - Canadian dollar update
5:15 - Stock market update
6:15 - Bitcoin update
8:40 - Real estate update
10:45 - Economic news update
18:05 - Life insurance industry news
20:50 - Control and Compound news
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
In this episode, Darren and Christina break down the power of storytelling and how it can positively impact every aspect of your life, but especially in the world of sales. Show us a successful CEO and we’ll show you a successful salesperson. Darren and Christina will chat about how you can become a better storyteller and the power of 3s, 4s, and 5s. Tune in now!
Show notes:
00:00 - Introduction
1:45 - Darren’s examples of storytelling being impactful in business
4:55 - Why do stories land better than facts?
6:15 - “Life is sales”
8:50 - How storytelling works in the world of sales
10:50 - How to become a better storyteller
12:35 - The power of 3s, 4s, and 5s,
19:00 - The biggest takeaway from this episode
BOOK A CALL WITH US 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
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren and Christina welcome the full team of wealth coaches for a special roundtable conversation. Instead of theory, you’ll hear firsthand stories about how each coach is using high cash value life insurance and the Infinite Banking Concept to build wealth, create tax advantages, and take control of their money.
This episode highlights just how flexible Infinite Banking really is — no matter where you are in life or what financial goals you’re chasing. Tune in now!
Show notes:
00:00 - Introduction
02:15 - Jake’s opportunity fund
3:10 - Connor’s real estate strategy
6:20 - Christina on corporate-owned policies
9:15 - Dan’s family story
10:30 - “The infinite possibilities”
15:20 - Child policies
21:10 - Wrap-up
BOOK A CALL WITH US 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
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controlandcompound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
Is Canada officially in a recession—or are we just on the edge of one? On today’s episode, Darren and Christina dive deep into the latest Canadian economic data, GDP numbers, trade wars, government finances, and what it all means for Canadian households and investors.
But it’s not all doom and gloom. History shows that the greatest wealth-building opportunities often come during recessions. From the 2008 financial crisis (when companies like Airbnb, Uber, and Instagram were founded) to today, those positioned with access to cash and smart strategies can thrive while others struggle.
Darren and Christina share how Canadians can prepare, protect their wealth, and seize opportunities:
- Building liquidity and financial control
- Why high-cash-value life insurance (infinite banking) is a recession-proof tool
- How to avoid selling at a loss when markets dip
- Positioning yourself for once-in-a-lifetime real estate, business, and investment deals
Tune in now!
Show notes:
00:00 - Introduction
01:20 - GDP numbers explained
03:30 - Trade wars & tariffs
05:15 - Business investment collapse
07:00 - 3 major hurdles for major projects in Canada
11:20 - Employment and wages
12:50 - Government finances & deficits
15:30 - Impact on Canadian households
18:45 - Are we in recession already?
20:20 - How to prepare & seize opportunities
23:00 - Infinite banking explained
25:00 - Lessons from the 2008 crisis
28:30 - The real winners in a downturn
29:50 - Crisis = Danger + Opportunity
BOOK A CALL WITH US 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
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
Darren and Christina are back for part 6 of The Rockefeller Method featuring a closer look at Garrett Gunderson’s book “What Would the Rockefeller’s Do?”
Today, they’re taking on Dave Ramsey and Suze Orman. For years, Ramsey and Orman have told millions of people that cash value life insurance is a terrible product and that you should “buy term and invest the difference.” But is that really true or are they leaving out some crucial details?
In this episode, we break down:
- Why Dave and Suze’s advice isn’t all bad (and when it actually makes sense).
- The BIG flaws in “buy term and invest the difference” once you factor in fees, volatility, taxes, and term costs.
- Why whole life insurance, when designed properly, can be the foundation for wealth creation and legacy building.
- How the Rockefellers used this exact strategy to build and protect generational wealth.
- The scarcity vs. abundance mindset behind Ramsey’s approach compared to the Rockefeller strategy.
- Real numbers and Truth Concepts examples that show the massive difference between average returns and actual returns.
We’ll also cover why only about 1% of term policies ever pay out, how volatility crushes mutual fund returns, and why permanent life insurance can give you both freedom in retirement and a guaranteed tax-free legacy.
Whether you’re a Ramsey fan who’s skeptical of whole life, or a wealth creator looking for a proven strategy that’s worked for generations—you’ll want to hear this breakdown.
Show notes:
00:00 - Introduction
2:20 - Addressing some quotes from Dave and Suze
6:45 - “Buy term and invest the difference”
15:25 - Reducing long term insurance costs
16:15 - The foundation of the Rockefeller method
22:45 - How much insurance coverage do you actually need?
27:55 - Wrap up
BOOK A CALL WITH US 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
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, we’re reintroducing our episode with Scott Donnell that was recorded last year!
The episode fits nicely with our Rockefeller Series on passing down values to your children. If you haven't checked out our Rockefeller Series, it's a must watch!
Most parents think “giving more” is the best way to set their kids up for success… but what if that’s actually ruining them?
In this episode, Darren and Christina sit down with Scott Donnell — founder of GravyStack and Dinner Table, to reveal how to truly build a family legacy.
Scott has already helped over 7 million families raise financially confident kids, and today he’s breaking down:
- Why heritage > inheritance when it comes to wealth
- The 3 E’s System (Expectations, Expenses, Extra-Pay Gigs) that makes allowance obsolete
- How to use healthy struggles to build resilient, confident children
- Why schools and banks don’t (and won’t) teach financial literacy
- The simple strategies you can start TODAY to give your kids an unfair advantage for life
If you’ve ever thought “I wish I learned this when I was younger” — this episode is a must-watch. Tune in now!
Show notes:
00:00 - Introduction to Scott Donnell
5:50 - At what age should you start teaching kids about finances
10:15 - Dealing with objections from parents
17:00 - Final thoughts from Scott
BOOK A CALL WITH US 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
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
Can you believe it’s September already! Darren and Christina are back for the September update and are breaking down the Bank of Canada updates, news on inflation, the Canadian dollar, as well as the stock market and bitcoin. Christina also goes in depth on the real estate outlook across Canada, there’s some good news and there’s some bad news…
They finish off the episode with some interesting life insurance industry news and what to look forward to this fall for podcast episodes. Tune in now!
Show notes:
00:00 - Introduction
00:55 - Bank of Canada Update
3:30 - Inflation update
4:40 - Canadian dollar update
6:35 - Stock market update
6:50 - Bitcoin update
10:00 - Real estate update
14:10 - Economic news update
19:05 - Life insurance industry news
20:25 - Control and Compound news
BOOK A CALL WITH US 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
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
Are you chasing success but never feeling like you’ve “made it”? On today’s episode, Darren and Christina break down one of the most powerful mindset frameworks from Dan Sullivan and Dr. Benjamin Hardy’s book The Gap and The Gain.
This concept is a game-changer for entrepreneurs, investors, and high achievers who constantly feel like they’re falling short—no matter how much progress they’ve actually made. Instead of measuring yourself against impossible ideals or competitors (the gap), what if you measured progress against where you started (the gain)?
Darren and Christina share how they’ve applied this mental model in business, investing, health, and life—and how it’s helped them, their clients, and their team stay motivated, avoid burnout, and actually enjoy success. Tune in now!
Show notes:
00:00 - Introduction
3:00 - What is the gap and what is the gain?
7:35 - Reflecting on past successes
11:20 - Appreciating your success
14:00 - Incorporating your “3 gains”
19:15 - How does this apply to you?
23:20 - Actionable steps
BOOK A CALL WITH US 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
-
Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
What happens to your business if your partner dies, divorces, becomes disabled… or just wants out?
On today’s episode, Darren and Christina break down one of the most overlooked — yet absolutely critical — tools for business owners: the Buy-Sell Agreement.
A buy-sell agreement isn’t just a legal document. It’s a business-saving strategy that protects your company, your partners, your family, and your legacy when the unexpected happens. Whether you’re a doctor in a practice, a real estate investor with JV partners, or running a family-owned business — this is an episode you can’t afford to miss.
Here’s what we cover in this episode:
- What is a Buy-Sell Agreement? (and why every business needs one)
- The devastating risks of NOT having a plan in place
- Real-world stories of businesses saved (or destroyed) by buy-sells
- The importance of business valuations (and CRA compliance in Canada)
- Key clauses every buy-sell agreement should include (shotgun clause, first right of refusal, tag-along/drag-along, and more)
- Why funding matters — and how life insurance is the smartest, most tax-efficient tool to protect your business
- Cross purchase vs. share redemption: how to structure agreements properly
- Tax advantages of using insurance inside your corporation
- Legacy and succession planning for multi-generational businesses
Darren and Christina share real client examples, common mistakes, and practical strategies that could save your company millions — and prevent your family from inheriting chaos instead of wealth.
If you’re a business owner, entrepreneur, or investor, this is an essential episode for protecting everything you’ve worked for.
Show notes:
00:00 - Introduction
1:55 - What is a buy-sell agreement?
7:50 - Common clauses in a buy-sell agreement
15:35 - Funding a buy-sell agreement
21:00 - How does it work when you die?
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren and Christina are back for part 5 of our Rockefeller Method series! The two break down the different types of life insurance available to Canadians and go over why participating whole life insurance is the superpower that will secure your financial future for generations to come!
If you’ve ever wondered how the wealthy seem to create money out of thin air while paying less tax — this conversation is your blueprint!
Show notes:
00:00 - Introduction
2:25 - Types of life insurance available to Canadians
2:30 - Breaking down term insurance
6:30 - Breaking down universal life insurance
15:35 - Breaking down non-participating whole life insurance
17:45 - Breaking down participating whole life insurance
25:00 - Why are wealthy families using this product?
27:40 - Recap
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren and Christina are back for part 5 of our Rockefeller Method series! The two break down the different types of life insurance available to Canadians and go over why participating whole life insurance is the superpower that will secure your financial future for generations to come!
If you’ve ever wondered how the wealthy seem to create money out of thin air while paying less tax — this conversation is your blueprint!
Show notes:
00:00 - Introduction
2:25 - Types of life insurance available to Canadians
2:30 - Breaking down term insurance
6:30 - Breaking down universal life insurance
15:35 - Breaking down non-participating whole life insurance
17:45 - Breaking down participating whole life insurance
25:00 - Why are wealthy families using this product?
27:40 - Recap
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren is joined by André Brisson, entrepreneur, engineer, and host of The Impulsive Thinker. The two chat about André’s late in life diagnosis of ADHD and how everything started to fit together once he understood the complexity of Attention Deficit and Hyperactivity Disorder. He breaks down what it means to hyperfocus, how he recognized his strengths and weaknesses, his advice for parents who have children with ADHD, as well as some of the work he does with other entrepreneurs that have the diagnosis. Tune in now!
Show notes:
00:00 - Introduction to André Brisson
2:40 - André on neurodiversity and hyperfocus
7:40 - Definition of ADHD
13:50 - Entrepreneurs and ADHD
16:30 - André on time blindness
19:05 - Do more children have ADHD nowadays?
23:40 - André recommendations to parents who have children diagnosed with ADHD
29:00 - Supporting employees with ADHD in the workplace
30:30 - André on his work with other entrepreneurs with ADHD
FIND ANDRÉ ON:
Website: https://www.theimpulsivethinker.com/
Linkedin: linkedin.com/in/theimpulsivethinker?originalSubdomain=ca
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren is joined by André Brisson, entrepreneur, engineer, and host of The Impulsive Thinker. The two chat about André’s late in life diagnosis of ADHD and how everything started to fit together once he understood the complexity of Attention Deficit and Hyperactivity Disorder. He breaks down what it means to hyperfocus, how he recognized his strengths and weaknesses, his advice for parents who have children with ADHD, as well as some of the work he does with other entrepreneurs that have the diagnosis. Tune in now!
Show notes:
00:00 - Introduction to André Brisson
2:40 - André on neurodiversity and hyperfocus
7:40 - Definition of ADHD
13:50 - Entrepreneurs and ADHD
16:30 - André on time blindness
19:05 - Do more children have ADHD nowadays?
23:40 - André recommendations to parents who have children diagnosed with ADHD
29:00 - Supporting employees with ADHD in the workplace
30:30 - André on his work with other entrepreneurs with ADHD
FIND ANDRÉ ON:
Website: https://www.theimpulsivethinker.com/
Linkedin: linkedin.com/in/theimpulsivethinker?originalSubdomain=ca
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, it’s the August update and Darren is joined by Control and Compound’s Jake Mitchell!
They break down the biggest financial stories shaping Canada and beyond including Bank of Canada’s latest interest rate decision and what it means for mortgages and investors, Bitcoin’s 11% surge and why the groundbreaking Genius Act is a game-changer for cryptocurrency and stablecoins, Canadian real estate market trends and why some regions are cooling while others are heating up, and inflation updates, stock market performance, and what’s next for the economy.
Plus, they also chat about the life insurance boom, new electric car mandates, and how EOS and AI are reshaping how Control and Compound grows.
Whether you’re an investor, business owner, or just trying to make sense of the financial headlines—this is your essential economic update!
Show notes:
00:00 - Introduction
00:40 - Bank of Canada update
2:05 - Inflation update
2:50 - Canadian dollar update
3:15 - Stock market update
3:45 - Bitcoin update
8:40 - Real estate update
9:50 - Life insurance industry news
12:10 - Economic news
17:20 - Control and Compound news
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
Most Canadians have no idea what actually happens to the money they put into their whole life insurance policy. On today’s episode, Darren and Christina break down how Canadian whole life insurance companies really invest your premiums.
From billion-dollar real estate projects, farmland, timberland, infrastructure, and even NHL stadiums, these funds are built for long-term stability and consistent dividends. We reveal surprising real-world investments you probably never knew you were a part of as a policyholder.
Whether you’re curious about fixed income, equities, or unique real asset investments, this episode shows why whole life insurance is often called one of the safest and most diversified financial vehicles in Canada. Tune in now!
Show notes:
00:00 - Introduction
1:50 - Quick recap of whole life insurance in Canada
6:45 - The structure of a participating whole life account
10:00 - Fixed income investments
12:25 - Equities
14:25 - Real estate investments
17:05 - Surprising investments
20:40 - Why do the insurance companies invest this way?
24:00 - Wrap-up
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
Back by popular demand, Darren is once again joined by Jake Fuss, director of fiscal studies for the Fraser Institute! The two chat about the current state of Canada’s tax system, why Canadians pay so much in personal taxes, as well as an analysis of Mark Carney’s tax proposal and the passive income problem. Tune in now!
Show notes:
00:00 - Introduction
1:05 - The current state of Canada’s tax system
2:25 - What’s driving the increase in personal taxes?
7:10 - Are we missing out on top talent because of our personal taxes?
10:15 - Does increasing taxes really make the government more effective?
11:50 - Are people investing less in Canada than previous years?
14:50 - Does Canada have a problem with producing successful entrepreneurs because of our tax rates?
16:30 - Analysis of Mark Carney’s tax proposals
21:55 - What are the government’s upcoming capital expenditures?
24:10 - Can Canada still be competitive with these massive deficits?
25:40 - What would Jake Fuss do if he was finance minister?
27:50 - A closer look at passive income taxes
30:20 - Wrap-up
Find Jake at:
Website: https://www.fraserinstitute.org/
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren and Christina are breaking down the tax implications of life insurance. Starting with a recap of term insurance and permanent insurance and then breaking down the tax implications of paying premiums, the death benefit, cashing out, and transferring ownership of a policy. If you’re serious about infinite banking, you need to check this episode out!
Show notes:
00:00 - Introduction
1:55 - Recap of term insurance vs. permanent insurance
3:35 - Types of ownership
5:05 - Typical tax transactions you need to be aware of
5:40 - Tax implications of paying the premiums on a policy
10:25 - Tax implications on receiving the death benefit
17:55 - Tax implications of cashing out or surrendering a permanent policy
20:55 - Tax implications of transferring ownership of a policy
BOOK A CALL WITH US 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
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren and Christina are breaking down chapter 6 of “What Would the Rockefellers Do?” and in this chapter, it’s all about the death benefit! The two chat about traditional problems with retirement planning, how you can utilize the death benefit in your policy before you die, as well as other incredible methods that will allow you to spend MORE in retirement! Tune in now.
Show notes:
00:00 - Introduction
2:30 - Traditional problems with retirement planning
7:50 - Utilizing the death benefit while you’re alive
13:30 - Breaking down reverse mortgages
14:45 - The charitable remainder trust
18:15 - “Buy your net worth”
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren sits down with real estate investor Gary Hibbert to chat about how he’s able to retire every single year! They also chat about Gary’s 3 fundamental freedoms of life as well as his advice on real estate investing and joint ventures. Tune in now!
Show notes:
00:00 - Introduction to Gary Hibbert
3:55 - Gary on goals and habits
5:15 - What is a mini retirement?
9:15 - The 3 fundamental freedoms of life
14:05 - Gary’s advice for people trying to get into real estate investing
17:15 - Gary on joint ventures
19:55 - Gary on Our Neighbourhood Realty
Find Gary Hibbert on:
Instagram: https://www.instagram.com/garyhibbert/?hl=en
Website: https://garyhibbert.ca/
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, it’s the July update! Darren and Christina go over the Bank of Canada update with interest rates and inflation, as well as what’s going on with the Canadian dollar and the stock market.
Darren also discusses the comparisons between gold and Bitcoin as an investment and which is better long term and the two finish with a talk on the Canadian federal budget and some interesting news in the life insurance industry. Tune in now!
Show notes:
00:00 - Introduction
00:35 - Bank of Canada update
3:10 - Canadian dollar update
4:30 - Stock market update
5:00 - Bitcoin update
11:05 - Canadian real estate market update
14:15 - Economic news
18:45 - Life insurance industry news
21:45 - Control and Compound news
23:55 - Podcast news
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren and Christina break down one of the most common questions in infinite banking: Should you own a single cash value life insurance policy, or build wealth with multiple policies? They dive into the pros, cons, and strategies behind both approaches — from simplicity and admin considerations to evolving financial plans, corporate structures, and creating lasting legacies. Whether you're just starting out or expanding your wealth plan, this is a must-listen for anyone serious about using life insurance as a powerful financial tool. Tune in now!
Show notes:
00:00 - Introduction
1:10 - “Two is twice as good as one, but one is definitely better than zero”
1:55 - Is one policy enough?
4:55 - The case against more than one policy
7:25 - The case for multiple policies
14:35 - When is it time to look at corporate owned policies?
20:40 - Real world scenarios
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren and Christina break down the eight non-negotiables you must have in your infinite banking policy. Yes, we know it’s not “technically” called an infinite banking policy, it’s a strategy, but let’s get to the point! If you’re interested in using the infinite banking strategy or you’re already using it and want to make sure you’re doing the right things, this episode is for YOU. Tune in now!
Show notes:
00:00 - Introduction
2:05 - “It’s as much a process as it is a product”
4:15 - Non-negotiable #1: it must be a participating whole life policy
5:00 - Non-negotiable #2: 60-90% of your deposit should be available in cash value in year 1
6:30 - Non-negotiable #3: By year 3-5, your cash value should be growing by at least your deposit
7:15 - Non-negotiable #4: Picking the right company to work with, there’s only four that we use
9:20 - Non-negotiable #5: Identify your minimum and maximum premiums
11:25 - Non-negotiable #6: Dividend is taken as a paid up addition
13:05 - Non-negotiable #7: Easy loan access and clearly defined loan provisions
16:50 - Non-negotiable #8: Dealing exclusively with a firm that specializes in this strategy
19:35- Recap
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
In this episode, Darren and Christina continue their Rockefeller Method series by diving into one of the most misunderstood wealth-building tools: life insurance. But not the way you think.
Chapter 5 of “What Would the Rockefellers Do?” outlines how the ultra-wealthy have been using high-cash-value life insurance policies to grow and protect their wealth for generations. While most people think of insurance as just a payout when you die, the rich think of it as a living benefit — a financial engine they can access and control throughout their lifetime.
We break down how Canadians — business owners, real estate investors, and even everyday families — can use this exact strategy to unlock liquidity, minimize tax, and build multi-generational wealth. Tune in now!
Show notes:
00:00 - Introduction
3:10 - The living benefits of life insurance
8:55 - Breaking down “capital capture”
12:10 - Using life insurance as an opportunity fund
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today’s episode, Darren sits down with Joe DiPenta. Not only did Joe win the Stanley Cup with the Anaheim Ducks, he’s also a great friend of Control and Compound and has been vital in implementing EOS (entrepreneurial operating system) at C&C. Whether you’re a business owner, a Canadian, or a sports fan, this conversation has something for everyone. From hockey highlights to business breakthroughs, Joe shares insights on winning both on the ice and in the office. Tune in and get ready to be inspired!
Show notes:
00:00 - Introduction to Joe DiPenta
1:40 - Joe’s journey in the game of hockey
8:25 - Joe on winning the Stanley Cup with Anaheim
17:00 - Joe’s day with the Cup
20:00 - Joe’s transition out of pro hockey and into the business world to become an EOS implementer
22:15 - What is EOS?
23:50 - Joe on the EOS process
27:50 - Joe on “right person right seat”
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On today’s episode, it’s the June update! We can’t believe the summer’s almost here but Darren and Christina have lots to chat about including a Bank of Canada update, a closer look at inflation, an interesting chat about who’s currently buying Bitcoin, as well as some life insurance industry news you don’t want to miss. Tune in now!
Show notes:
00:00 - Introduction
00:55 - Bank of Canada update
4:50 - Canadian dollar update
6:35 - Bitcoin update
11:05 - Real estate update
16:40 - Economic news
19:20 - Life insurance industry news
23:50 - Control and Compound news
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren and Christina dive into the global bestseller "The 5AM Club" by Robin Sharma — a book that’s transformed the routines of billionaires, pro athletes, and top performers. They break down the 20/20/20 formula, the power of the victory hour, and why investing in yourself first thing in the morning might be the greatest financial decision you’ll ever make. Tune in now!
Show notes:
00:00 - Introduction
2:20 - What is “The 5AM Club” about?
6:25 - The 20/20/20 Formula
12:35 - Why does this book matter for wealth builders?
14:50 - Day stacking
17:35 - Is the 5AM club for everyone?
20:30 - A challenge for our listeners!
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
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On today’s episode, we’re asking a question that a lot of us don’t want to ask: “What happens to my business when I die?” And more importantly, what do you need to know about death and taxes in Canada when it comes to your business. Darren and Christina break it all down including RRSPs, capital gains, corporate real estate, and of course utilizing life insurance in your tax planning. They also go through a great real world example and finish with a quick summary of how the Rockefeller Method works. Tune in now!
Show notes:
00:00 - Introduction
1:20 - Understanding death and taxes in Canada
7:15 - RRSPs and capital gains
9:50 - Corporate real estate
12:05 - Life insurance as part of tax planning
16:20 - Example of an entrepreneur who started a business from scratch and after 20-30 years, the business is worth 10 million and the entrepreneur passes away… what happens next?
25:30 - Non-tax considerations
30:20 - The Rockefeller Method
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We’re back with part 2 of our series on the Rockefellers and in this episode, Darren and Christina are breaking down what the Rockefellers called their “Family Legacy Rings”. These 3 legacy rings are the family office, the family retreat, and the family constitution and they play a vital role in ensuring that the family understands the responsibilities they have when it comes to the family wealth. Tune in now!
Show notes:
00:00 - Introduction
1:50 - Breaking down “Family Legacy Rings” - Number one: The family office
4:05 - Number two: The family retreat
8:20 - Number three: The family constitution
14:50 - The power of cash value life insurance
18:10 - Wrap up
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In this must-listen episode, Darren and Christina sit down with group insurance expert Pat McIver to unpack everything employers and employees need to know about group benefits. From the basics of coverage and cost-sharing to how high-cost medications like Ozempic and biologics are reshaping plans, this episode delivers practical insights you won’t find in a brochure. Learn how to structure a tax-efficient benefits plan, why claims experience matters, and how the coming changes in pharmacare might impact your business. Whether you're managing a two-person team or a 100-person company, this conversation is packed with essential knowledge, tune in now!
Show notes:
00:00 - Introduction to Pat McIver
1:55 - Breaking down group benefits
7:30 - Is Ozempic and other new drugs covered?
12:30 - What types of claims will drive up the premium?
14:40 - Minimum number of employees needed to start a benefits plan
15:45 - Best practices from employer standpoint on long term disability coverage
18:40 - What is a health spending account?
22:15 - Tips for business owners on what to avoid and what they should be looking at
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On today’s episode, Darren and Christina are bringing it back to the beginning and doing a refresher episode of what is the infinite banking concept, how does it work, and provide a fantastic example of what it looks like in real time. Whether you’re a new listener or you’ve been with us since the beginning, you do not want to miss this episode, tune in now!
Show notes:
00:00 - Introduction
1:15 - Brief overview of “what is infinite banking?”
5:25 - What is the product that is used in the infinite banking concept?
7:00 - How do the loans work?
8:45 - Why do wealthy individuals use infinite banking?
11:05 - Retirement and legacy planning
14:20 - Working with someone that specializes in the infinite banking concept
17:00 - Example of using the infinite banking concept
27:05 - Wrap up
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
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On today’s bonus episode, we have the May update coming out a little early! It’s election day in Canada and we’re all heading to the polls, right?
Christina and Darren break down Bank of Canada and Canadian dollar updates, as well as economic news, stock market and Bitcoin updates and a quick preview of our new partnership with Garrett Gunderson! If you want to do what the Rockefellers do, you don’t want to miss this! Check out the link below
Show notes:
00:00 - Introduction
00:45 - Bank of Canada update
3:20 - Canadian dollar update
4:25 - Economic news
7:25 - Stock market update
8:10 - Bitcoin update
11:00 - Real estate update
15:20 - Life insurance industry news
16:10 - Control and Compound news
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Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
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Welcome to part one of our new series, What Would the Rockefellers Do? — based on the powerful book by Garrett Gunderson and Michael Isom. In this episode, Darren and Christina break down how the Rockefellers built lasting generational wealth — and why the Vanderbilts lost it all — and explain how Canadians can apply these timeless strategies to protect and grow their own family legacies. Tune in now and don’t miss out on part 2 coming soon!
Show notes:
00:00 - Introduction
3:35 - The tale of two fortunes
7:20 - What is the Rockefeller method?
14:20 - The importance of passing down financial knowledge
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On today’s episode, Darren and Christina are breaking down 7 common mistakes to avoid when setting up and using the infinite banking strategy. Some of these mistakes include choosing the wrong insurance product, not properly structuring the policy, and of course, working with an advisor who doesn’t understand how the concept works! Tune in now, you don’t want to miss this episode.
Show notes:
00:00 - Introduction
1:10 - The basics of infinite banking
4:30 - Mistake #1: choosing the wrong insurance product
7:35 - Mistake #2: people who aren’t financially ready for this concept
10:40 - Mistake #3: not structuring the policy properly
12:40 - Mistake #4: not repaying the loans in the early years
14:45 - Mistake #5: not giving your policy a chance to compound in the early years
16:40 - Mistake #6: treating the infinite banking concept like an equity investment
19:45 - Mistake #7: working with the wrong advisor to set up the policy(s)
23:00 - Best practices for success
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If you’re an entrepreneur or business owner, you do not want to miss this week’s episode! Darren and Christina are going over the book “The E-Myth Revisited” and break down the key concepts for how business owners can properly run their business. These include knowing your vision, your strategic objectives, your systems strategy, as well as serious emphasis on making time to work ON the business, not just IN the business. Tune in now!
Show notes:
00:00 - Introduction
1:30 - The best resources for business owners and entrepreneurs
3:30 - What is the entrepreneurial myth?
5:40 - Breaking down the technician, the planner, and the entrepreneur
8:30 “You need to be working on your business, not just in your business”
13:25 - Key concepts in The E-Myth Revisited - What is your vision?
15:45 - Key concepts in The E-Myth Revisited - Why are you doing this?
17:00 - Key concepts in The E-Myth Revisited - What are your strategic objectives?
18:00 - Key concepts in The E-Myth Revisited - What is your organization strategy?
20:45 - Key concepts in The E-Myth Revisited - What is your systems strategy?
22:55 - You NEED to dedicate time to work ON your business
24:30 - Start with small steps
25:45 - Don’t forget to delegate!
27:10 - Real life example of growing a business
29:30 - Final thoughts
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On today’s episode, it’s the April update! This month’s update is a little different than usual, Darren and Christina will be breaking down the upcoming Canadian federal election and they chat about the policies they’d like to see implemented that will help Canadians get where they need to go! Topics include the US tariffs response, fiscal responsibility and deficit reduction, new pipelines, the carbon tax, as well as corporate/personal taxes and of course healthcare and housing. Tune in now!
Show notes:
00:00 - Introduction
3:45 - Breaking down the US tariffs
7:45 - Fiscal responsibility and deficit reduction
10:00 - New pipelines in Canada
12:05 - The carbon tax
14:55 - Corporate and personal taxes
19:40 - Healthcare and housing
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On today’s episode, Darren is joined by Connor Eagleson, wealth coach with Control and Compound! Darren and Connor discuss bitcoin and how combining the cryptocurrency with the infinite banking concept could potentially be the future of wealth.
They discuss Connor’s breakdown in the Bitcoin space, why the combination of bitcoin and infinite banking is now more important than ever, as well as the key benefits of high cash value life insurance. Tune in now!
Show notes:
00:00 - Introduction
1:10 - The future of wealth: combining stability and innovation
2:40 - Connor’s background in the Bitcoin space
6:55 - Why this combination of Bitcoin and infinite banking matters more than ever today
8:10 - The key benefits of high cash value life insurance
13:00 - Connor’s take on Bitcoin’s risk
15:25 - Using whole life and Bitcoin together
17:20 - Other considerations people should take before investing in Bitcoin
22:15 - Final thoughts on this new strategy
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On today’s episode, Darren and Christina are breaking down how you can use infinite banking as a back up plan including how it works as an emergency account and what would happen if you got a terminal illness or a sudden disability. During these uncertain financial and economic times, it’s so important to protect yourself and infinite banking is one of the best ways to do so. Tune in now!
Show notes:
00:00 - Introduction
1:15 - The emergency account
4:35 - Terminal illness
6:20 - Sudden disability
8:55 - What makes infinite banking the best back up plan
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On today’s episode, Darren and Christina break down the current economic uncertainty currently facing Canadians due to several factors including the looming trade war between Canada and the USA.
They break down why traditional places for investing and saving can be negatively impacted during times like these and how using the infinite banking concept can be a massive advantage if used correctly.
Darren also goes through an example of how the volatility buffer works based on traditional investing compared to investing using the infinite banking concept with high cash value life insurance.
If the news these days is freaking you out, you NEED to tune in for this episode!
Show notes:
00:00 - Introduction
2:20 - Darren’s thoughts on the current economic uncertainty facing Canadians
10:05 - Where are most people currently investing and saving?
14:10 - How does the infinite banking concept work?
16:25 - How traditional investing won’t work in a financial crisis
23:10 - Looking at an example of the volatility buffer
37:00 - The steps people should take to start using this strategy
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On today’s episode of Control and Compound, Darren and Christina are breaking down how child policies work with the infinite banking concept. They discuss exactly what the life insurance policy or policies will look like, the benefits, as well as a real life example with actual numbers! If you have kids, you don’t want to miss this one!
Show notes:
00:00 - Introduction
1:30 - Breaking down child policies
8:00 - Example of a child policy
14:45 - Crunching the numbers
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On today’s episode, Darren is joined by Carina Guzmán, CEO of Creative Dev Ventures.
Creative Dev Ventures is a visionary land development company, deeply rooted in Ottawa and its surrounding areas, with a rich history that has evolved in response to the ever-changing urban landscape. At the heart of their journey is a passionate commitment to redefining urban living with purpose, one community at a time
The two chat about how Carina got into real estate, what led her to land development, as well as managing risk and choosing the right partners in land development deals. Tune in now!
** Recorded on October 11th, 2024
Show notes:
00:00 - Introduction to Carina Guzmán
1:55 - How did Carina get started with her real estate career which has led her to land development
7:35 - Factors that go into evaluating land for land development
11:15 - Managing risk when it comes to land development
15:20 - Choosing the right partners in land development ventures
17:10 - Typical land development deal walkthrough
25:30 - The best way to approach community engagement prior to land development
29:30 - Example of a challenging land development project
33:25 - Learn from Carina Guzmán with her Land Development Academy
FIND CARINA GUZMÁN ON:
INSTAGRAM: https://www.instagram.com/iamcarinaguzman/
WEBSITE: https://www.creativedevventures.com/
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
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SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren and Christina are back with the March update where they cover news on inflation, interest rates, the current state of the Canadian dollar given all the economic uncertainty and looming tariffs from Donald Trump and the USA. They also chat about the real estate market in Canada, stock market news and finish with some exciting announcements for Control and Compound Financial. Tune in now!
Show notes:
00:00 - Introduction
00:55 - Bank of Canada update
5:35 - Canadian dollar update
7:00 - Economic news
13:35 - Stock market news
14:10 - Bitcoin news
17:20 - Real estate news
24:05 - Life insurance industry news
26:00 - Control and Compound news
30:30 - Podcast news
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
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JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren and Christina are breaking down five ways you can use high cash value life insurance that go beyond the infinite banking concept.
These include corporate owned policies, using life insurance as an asset class, retirement and estate planning as well as an education fund for your kids. You do not want to miss this episode, tune in now!
Show notes:
00:00 - Introduction
1:25 - Corporate owned high cash value life insurance
5:00 - Using high cash value life insurance as an asset class
8:20 - Retirement planning
10:50 - Estate planning
14:10 - Education funding for kids
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
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JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren and Christina break down the Canadian small business tax system, including how much business owners really pay. They discuss the small business tax deduction, what happens when your business earns over $500,000, and why tax rates vary by province.
They also dive into corporate structuring strategies, the benefits of holding companies, and how to minimize taxation using high cash value life insurance. If you're a Canadian business owner, you won’t want to miss these crucial insights!
Show notes:
00:00 - Introduction
1:35 - Who qualifies for the tax deduction?
4:55 - Example of first $500,000
7:15 - Example of after $500,000
13:15 - How to avoid paying unnecessary additional tax
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren and Christina are back in part 3 of the dirty little secrets of the Canada Pension Plan and Old Age Security. The two discuss from a distance how the two government benefits work in an overall retirement plan, the changes that have been made to them moving forward, and finish off the episode with a great alternative to the CPP… hint hint… high cash value life insurance… Tune in now!
Show notes:
00:00 - Introduction
1:35 - Where do these government benefits (CPP and OAS) fit inthe overall retirement plan?
3:30 - The changes the Canadian government has made to CPPand OAS IN 2025
18:30 - The dirty little secrets of the Canada Pension Plan
21:20 - Example of CPP change
27:10 - A great alternative to the CPP
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
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JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren is joined by Calvin Hexter, an investment property realtor based in Edmonton, Alberta. Darren and Calvin chat about his journey into real estate investing, what advice he has for new investors, the key components to creating your investing power team, as well as what the current market looks like in Edmonton and surrounding areas. If you’re a real estate investor, this is a must listen!!
Show notes:
00:00 - Introduction
00:45 - Calvin’s journey into real estate investing
3:10 - Calvin’s advice for new investors
5:20 - How do you create your power team?
7:25 - What type of investing opportunities are viable in 2025?
14:00 - Calvin on the current market in Edmonton and where theremay be opportunities
18:30 - How did Calvin build his business?
24:45 - Calvin on REIcon
28:10 - How does Calvin find work/life balance?
FIND CALVIN ON INSTAGRAM: https://www.instagram.com/calvin.hexter/?hl=en
BOOK A CALL WITH US 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
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren and Christina are back with the February update! The two discuss the interest rates, where the Canadian dollar is headed with the incoming tariffs, how the real estate market has looked in Canada in 2025 so far, as well as some interesting life insurance industry surrounding the adoption of AI models. Tune in now!
Show notes:
00:00 - Introduction
1:30 - Bank of Canada update
4:35 - Canadian dollar update
6:00 - Economic news
8:35 - Stock market update
9:10 - Bitcoin update
15:25 - Real estate update
18:55 - Life insurance industry news
21:30 - Control and Compound news
BOOK A CALL WITH US 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
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren and Christina are chatting all things money and currency including how money maintains value and breaking down the evolution of money from the early days to the gold standard to USD, and now looking towards the future with Bitcoin. Can Bitcoin become the standard monetary currency moving forward? Tune in and find out!
Show notes:
00:00 - Introduction
2:00 - The functions of money
4:05 - How does money maintain value?
8:35 - What is the gold standard?
12:20 - Should Bitcoin become the standard?
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
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JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar
On today’s episode, Darren and Christina are breaking down all the tax changes that Canadians are facing in 2025 and the implications that come along with them. They discuss the proposed capital gains changes and what it might mean if a Conservative government comes into power in the near future, as well as changes to the Canada Pension Plan and the carbon tax. Tune in now!
Show notes:
00:00 - Introduction
1:25 - Proposed capital gains changes update
4:30 - The implications of the capital gains inclusion change
8:20 - Canada Pension Plan requirement increases
12:45 - Carbon tax increase
13:50 - Stagnation of the economy
15:00 - Short term rental changes
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
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TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are breaking down the debt dilemma facing many Canadian households. The two break down the numbers in Canada, some of the risks and consequences that can come from significant debt, as well as about what people can do to stop spiraling debt. Tune in now!
Show notes:
00:00 - Introduction
1:50 - Taking a closer look at household debt to income ratio
8:00 - The risks and consequences of household debt
10:35 - What can people do to protect themselves from spiraling debt
15:15 - Building an opportunity/emergency fund
17:55 - The biggest takeaway from this episode
FIND US ON:
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On today’s episode, Darren is joined by Erwin Szeto, a Canadian real estate investor who has turned his sights to the United States and has found tremendous success investing in American real estate.
They two chat about what made Erwin decide to start investing down south, what the process looks like for a Canadian investing in a foreign country, the tax implications as well as the best current cities and states to invest in and how Erwin built his network in the U.S. This was a great episode, you don’t want to miss it! Tune in now.
Show notes:
00:00 - Introduction
00:55 - What made Erwin decide to start investing in property in the United States?
5:05 - What does investing in a house in the US look like for a Canadian investor?
7:35 - How do the taxes work in these deals?
8:45 - What were the biggest obstacles Erwin faced when he shifted from the Canadian to American market?
13:35 - Best states to invest in
15:35 - Differences between Canada and USA with regards to property management
17:15 - How did Erwin build his network in the United States?
18:45 - How does applying for a mortgage in the USA compare to Canada?
24:40 - 15 year outlook for United States real estate market
28:10 - First steps to take when looking to invest in real estate in USA
FIND US ON:
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
It’s the first Control and Compound episode of 2025 and we can’t wait to jump into the new year with all of you! The first monthly update episode of the year is jam packed with news on the Bank of Canada interest rate, the Canadian dollar, as well as updates on the stock market and real estate market and some really cool news in the life insurance industry too! Tune in now.
Show notes:
00:00 - Introduction
00:35 - Bank of Canada update
2:45 - Canadian dollar update
4:15 - Stock market update
5:10 - Bitcoin update
7:05 - Real estate update
9:30 - Life insurance industry news
10:45 - Economic news
13:40 - Control and Compounds news
14:50 - Podcast news
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are going over their predictions from 2024 on topics like the Bank of Canada interest rate, GDP growth, inflation, the stock market, as well as the housing market and Bitcoin.
If we do say so ourselves, the 2024 predictions were pretty bang on! Let’s see what they think for 2025. Tune in now!
Show notes:
00:00 - Introduction
1:05 - Bank of Canada interest rate predictions
2:20 - GDP growth predictions
3:55 - Inflation predictions
6:20 - Stock market predictions
8:15 - Housing market predictions
12:10 - Bitcoin predictions
15:20 - AI predictions
19:05 - High cash value life insurance prediction
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
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are breaking down the seven habits that wealthy people use to find success including setting clear goals, constantly learning and bettering yourself, managing your money properly, as well as delaying gratification. Tune in now!
Show notes:
00:00 - Introduction
1:25 - The four freedoms
3:00 - The first habit: setting clear goals
5:15 - The second habit: consistent learning and self improvement
7:05 - The third habit: smart money management
8:50 - The fourth habit: developing multiple different streams of income
11:35 - The fifth habit: delaying gratification
15:00 - The sixth habit: networking and building connections
16:35 - The seventh habit: maintaining a positive mindset
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
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are breaking down Control and Compound’s four core values. If you’re a business owner and you don’t have any core values, this is a great episode to check out. Core values are unique to each business and Darren and Christina chat about why they chose these particular values and why they think they will help Control and Compound continue to find success and growth. Tune in now!
Show notes:
00:00 - Introduction
2:00 - Control and Compound’s first core value: Be Better Everyday
3:10 - Control and Compound’s second core value: Be a Good Person
4:55 - Control and Compound’s third core value: Not a Lot of Traffic on the Extra Mile
7:00 - Control and Compound’s fourth core value: No Entitlement
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are chatting all things Bitcoin! Although it currently sits at a price of 99k+ USD, Bitcoin hit the 100k mark recently and that is causing a lot of excitement in the investing community.
They chat about the key factors driving the current surge, which countries are leading the trend in embracing Bitcoin, the Trump presidency and what that means for cryptocurrency, as well as the potential risks associated with investing in Bitcoin. Tune in now!
Show notes:
00:00 - Introduction
1:30 - Bitcoin has hit 100k! What does it all mean?
3:45 - Key factors that are driving the current Bitcoin surge
5:55 - Which countries are leading the trend in embracing Bitcoin
9:05 - How will Trump’s presidency affect the future of Bitcoin?
11:55 - Why are nation states starting to embrace Bitcoin so much?
14:25 - What are the risks that come with Bitcoin?
15:55 - Turning a negative into a positive
21:10 - What does this all mean for our listeners?
FIND US ON:
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On today’s episode, Darren is joined by Jake Fuss, Director of Fiscal Studies for the Fraser Institute. Darren and Jake chat about the common assumption that wealthy Canadians don’t pay their fair share in tax, as well as what the average Canadian pays in tax per year, Jake’s thoughts on Canadian debt as well as what type of tax policy or reform he thinks will revitalize Canada. Tune in now, this interview was incredibly informative!
Show notes:
00:00 - Introduction
1:05 - Do wealthy Canadians pay their fair share of taxes?
3:30 - Average Canadian tax bill
5:25 - Capital gains and expenditures
7:20 - Less and less money is being invested in Canada, what are the long term consequences?
9:30 - Is Canada actually doing a “great job” with our debt?
14:00 - Canada’s economic growth: the real numbers
15:50 - Canada’s productivity gap vs. the USA
17:35 - What sort of tax policy reform could revitalize Canada?
Find the Fraser Institute on:
Website: https://www.fraserinstitute.org/
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On today’s episode, it’s the December update and Darren and Christina are breaking down updates with the Bank of Canada, the Canadian dollar, the stock market, big news in the Bitcoin world including a further look at what the Trump presidency means for cryptocurrency, as well as interesting news in the life insurance world. Tune in now!
Show notes:
00:00 - Introduction
00:40 - Bank of Canada update
2:50 - Canadian dollar update
5:05 - Stock market update
5:40 - Bitcoin update
11:29 - Canadian real estate update
15:00 - Life insurance industry news
16:15 - Control and Compound news
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are joined by Robert Gauvreau for part 2 of their series with him! In Part 2, Robert is breaking down tax credits vs. tax deductions, some of the tax credits that are available to business owners, what qualifies as a business expense as well as whether or not you should own a vehicle with your business or personally. Tune in now!
Show notes:
00:00 - Introduction
1:40 - Tax credit vs. tax deduction
3:00 - Common tax credits for business owners?
4:00 - How do you get tax credits as a business owner?
6:35 - The most popular tax credits for business owners
8:25 - What qualifies as a business expense?
12:40 - Recommended software for doing taxes for your business
16:30 - Business expenses that a lot of business owners don’t know are business expenses
21:40 - Car ownership: business vs. personal
30:00 - A couple more tips from Robert
FIND BOB GAUVREAU ON:
WEBSITE: https://gauvreaucpa.ca/
INSTAGRAM: https://www.instagram.com/gauvreaucpa/
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
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are joined by Robert Gauvreau for part 2 of their series with him! In Part 2, Robert is breaking down tax credits vs. tax deductions, some of the tax credits that are available to business owners, what qualifies as a business expense as well as whether or not you should own a vehicle with your business or personally. Tune in now!
Show notes:
00:00 - Introduction
1:40 - Tax credit vs. tax deduction
3:00 - Common tax credits for business owners?
4:00 - How do you get tax credits as a business owner?
6:35 - The most popular tax credits for business owners
8:25 - What qualifies as a business expense?
12:40 - Recommended software for doing taxes for your business
16:30 - Business expenses that a lot of business owners don’t know are business expenses
21:40 - Car ownership: business vs. personal
30:00 - A couple more tips from Robert
FIND BOB GAUVREAU ON:
WEBSITE: https://gauvreaucpa.ca/
INSTAGRAM: https://www.instagram.com/gauvreaucpa/
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
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are breaking down all the news on Bitcoin over the last few months. Bitcoin has been absolutely surging since early October and since Trump was re-elected, it’s gone ever higher.
Darren breaks down what he thinks the long term impact of the Trump presidency will be on Bitcoin, as well as major trends that are driving the demand, and why large corporations are now looking to invest massive amounts of cash into Bitcoin. Tune in now!
Show notes:
00:00 - Introduction
1:35 - The US Election’s impact on Bitcoin
2:55 - Trump’s influence on Bitcoin’s most recent surge
4:25 - What types of impacts will we see with the Trump presidency
6:20 - Major trends that are driving Bitcoin’s demand
9:30 - Darren on why large corporations are now investing in Bitcoin
13:50 - Cold storage vs. ETF
16:15 - Darren’s take on where he thinks Bitcoin is heading
FIND US ON:
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are breaking down EOS (entrepreneurial operating system) and how they’ve implemented the system into Control and Compound. They go over the 6 key components of EOS including your business’ core values, finding the right people, and having a repeatable process, as well as what EOS looks like in action. If you’re a business owner or entrepreneur and you feel like you’re not getting the most out of your business and people, you need to tune in!
Show notes:
00:00 - Introduction
1:40 - What is EOS?
2:55 - The 6 key components of EOS
3:20 - #1 Core Values
5:20 - #2 Finding the right people for the right jobs
6:50 - #3 Run on data, not gut feelings
11:00 - #4 How to handle your business’s issues: Identify, Discuss, Solve
12:40 - #5 Having a repeatable process
14:30 - #6 Traction: Breaking down your vision into actionable goals
18:05 - What does EOS look like in action?
21:25 - How does EOS work?
24:30 - How do you get started?
Get the Traction Book: https://www.amazon.ca/Traction-Get-Grip-Your-Business/dp/1936661837/ref=asc_df_1936661837/?tag=googleshopc0c-20&linkCode=df0&hvadid=706843851323&hvpos=&hvnetw=g&hvrand=11003378693228749160&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9000089&hvtargid=pla-404289645110&psc=1&mcid=f29f4d2dba2c31daa91e63a3190e64b4&gad_source=1
FIND US ON:
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On today’s episode, Darren is joined by real estate investor Victoria Cluney. Victoria and Darren chat about her journey into the real estate investing world while also being a member of the Canadian Armed Forces as well as how she scaled her portfolio, important lessons learned, and what the future holds for her, including a potential appearance on Dragon’s Den. Tune in now!
Show notes:
00:00 - Introduction to Victoria Cluney
2:25 - How did Victoria get started in the real estate investing world?
6:15 - How did Victoria manage to scale her investing portfolio?
8:50 - What resources did Victoria use to learn about the real estate investing world
11:40 - What were some of the key things that Victoria learned in the military that translate to the real estate investing and entrepreneurship world
12:45 - Would Victoria change anything if she could go back in time and what strategies should people use today to grow their portfolio?
16:45 - How does Victoria approach real estate from a business mindset
19:10 - Challenges for real estate investors in Ottawa and Ontario
23:45 - Victoria’s proudest achievement in the real estate investing world
25:55 - Victoria’s coaching sessions
28:25 - Victoria’s outlook for the future
32:00 - If Victoria could pick any piece of property to develop in Ottawa, where would it be?
FIND VICTORIA ON:
Instagram - https://www.instagram.com/victoriacluney/
Tiktok - https://www.tiktok.com/victoriacluney/
Facebook - https://www.facebook.com/victoriacluney/
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On today’s episode, Darren is joined by real estate investor Victoria Cluney. Victoria and Darren chat about her journey into the real estate investing world while also being a member of the Canadian Armed Forces as well as how she scaled her portfolio, important lessons learned, and what the future holds for her, including a potential appearance on Dragon’s Den. Tune in now!
Show notes:
00:00 - Introduction to Victoria Cluney
2:25 - How did Victoria get started in the real estate investing world?
6:15 - How did Victoria manage to scale her investing portfolio?
8:50 - What resources did Victoria use to learn about the real estate investing world
11:40 - What were some of the key things that Victoria learned in the military that translate to the real estate investing and entrepreneurship world
12:45 - Would Victoria change anything if she could go back in time and what strategies should people use today to grow their portfolio?
16:45 - How does Victoria approach real estate from a business mindset
19:10 - Challenges for real estate investors in Ottawa and Ontario
23:45 - Victoria’s proudest achievement in the real estate investing world
25:55 - Victoria’s coaching sessions
28:25 - Victoria’s outlook for the future
32:00 - If Victoria could pick any piece of property to develop in Ottawa, where would it be?
FIND VICTORIA ON:
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LinkedIn - https://www.linkedin.com/in/victoria-cluney-2a6b01110/
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On today’s episode, Darren and Christina are bringing you the November update! They chat about the recent interest rate cuts and discuss whether or not it signifies that inflation is in check. They also talk about the struggling Canadian dollar, the real estate market, some very exciting Bitcoin news as well as life insurance industry news that will leave you feeling confident about your choice to choose infinite banking (and if you haven’t, it’s time to give us a call). Tune in now!
Show notes:
00:00 - Introduction
00:45 - Bank of Canada update
3:50 - Canadian dollar update
5:00 - Stock market update
5:50 - Bitcoin update
9:05 - Real estate market update
15:45 - Industry news
17:10 - Control and Compound news
19:00 - Control and Compound podcast news
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On today’s episode, Darren and Christina are going over why the death benefit is such a pivotal part of how the infinite banking concept works. A lot of people think of the death benefit as something that doesn’t come into play until after you die, but when it comes to infinite banking, the death benefit becomes your secret ingredient to success! Tune in now to find out why.
Show notes:
00:00 - Introduction
00:55 - Quick breakdown of the infinite banking concept
1:30 - Why is the death benefit so important?
10:55 - Infinite banking is Canada vs. USA and why if you’re a business owner in Canada, you NEED to look into this concept
16:00 - Wrap up
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On today’s episode, Darren and Christina are joined by Robert Gauvreau for part 1 of a new series focusing on the ideal corporate structure for business owners and investors. Part 1 focuses on what a typical corporate structure looks like, how Robert and his team set structures up a bit differently than most, and how to deal with the high tax rate that comes with passive income. Tune in now!
Show notes:
00:00- Introduction to Robert Gauvreau
7:50 - What does a typical corporate structure look like for new businesses?
12:10 - When does additional tax planning come into play?
14:40 - How Bob’s company looks at holdco and family trust a bit differently
23:55 - How to deal with the high tax rate on passive income
27:50 - How does real estate investing play a role in the ideal structure?
32:00 - What’s the ideal date to have your corporate year end?
35:30 - Wrap up
FIND BOB GAUVREAU ON:
WEBSITE: https://gauvreaucpa.ca/
INSTAGRAM: https://www.instagram.com/gauvreaucpa/
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On today’s episode, Darren and Christina are going over the top 10 strategies that you can use to become wealthy including what it looks like to invest in yourself, leverage technology, and invest in real estate! Tune in now.
Show notes:
00:00 - Introduction
2:05 - Focusing on earning, not just saving
4:40 - Leveraging technology and entrepreneurship
7:55 - Move to a high opportunity area
10:15 - Invest and save early AND consistently
13:30 - Live below your means
15:50 - Invest in real estate
18:05 - Avoid bad investments and “get rich quick” schemes
19:35 - Health and relationships matter!
23:40 - Getting control of your money
25:05 - Eliminate or reduce the wealth destroyers
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On today’s episode, Darren and Christina sit down with some of the top real estate investors in Canada at the Keyspire Investor Summit that took place at the end of September in Toronto. Tune in now to learn about what some of the best investors in the country are doing strategy wise and what they think is the smartest place to invest right now!
00:00 - Introduction
2:50 - Michael Ponte from Savvy Investor
8:10 - Ronnie Fisher from Keyspire
10:50 - Robert Gauvreau from Gauvreau & Associates CPA
12:50 - Mandy Branham, the Joint Venture Queen
19:45 - Stephen Jagger from Addy
22:30 - Jessica Friesen from Axiom Advisors
25:25 - Connor Eagleson from Control and Compound Financial
27:10 - Viler Lika from SingleKey
33:50 - Simon Davis from Elite Aligned Coaching
40:45 - Jake Mitchell from Control and Compound Financial
41:25 - Wrap-up
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FIND SAVVY INVESTOR: https://thesavvyinvestor.ca/
FIND KEYSPIRE: https://www.keyspire.com/
FIND GAUVREAU AND ASSOCIATES: https://gauvreaucpa.ca/?_gl=1rvl4k9_up*MQ..&gclid=CjwKCAjw9p24BhB_EiwA8ID5Bqi7Gsm2dbLseZwKgjs61906TfVuTb2dbVmHN64dZLfIjeJAYTCfcxoCvjIQAvD_BwE
FIND MANDY BRANHAM: https://www.instagram.com/j_v_queen/
FIND ADDY: https://addyinvest.ca/
FIND AXIOM: https://axiomadvisors.ca/
FIND SINGLEKEY: https://www.singlekey.com/en-ca/
FIND ELITE ALIGNED COACHING: https://www.elitealignedcoaching.com/
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
Darren and Christina are back after a VERY busy September for the October update. Interest rates have dropped again, what does that mean for Canadians, where is our economy headed? They also chat about economic news, comparing tax bills in Canada and the USA, as well as a quick recap about the Keyspire Investor Summit they attended last week with some of the best real estate investors in the country. Tune in now!
Show notes:
00:00 - Introduction
00:35 - Bank of Canada update
4:30 - Canadian dollar update
5:00 - Economic news
10:55 - Bitcoin
12:45 - Real estate market news
16:50 - Life insurance industry news
18:55 - Control and Compound news
FIND US ON:
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TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are breaking down the tax changes over the last 9 years in Canada that not only affect small business owners, but also ALL Canadians. Some of the changes made under Trudeau’s Liberal government include slashing the advantage of business owners paying themselves in dividends, changes to the lifetime capital gains deduction, as well as the expansion of the tax on split income. Tune in now, you do not want to miss this one!
Show notes:
00:00 - Introduction
1:15 - The plight of the small business owner in Canada
4:05 - Why aren’t there as many small business owners in Canada anymore?
5:00 - Increased dividend tax rate in 2016
6:00 - Lifetime capital gains deduction in 2017
7:00 - Expansion of tax on split income in 2018
9:00 - Changes to passive investment income rules in 2019
10:45 - The carbon tax in 2019
12:10 - Employee stock option change in 2021
13:25 - Changes to general anti avoidance rule
14:35 - Capital gains tax changes in 2024
16:30 - Small business deduction hasn’t changed since 2015
18:00 - The importance of tax strategy and planning
FIND US ON:
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On today’s episode, Darren and Christina are taking a deep dive into high cash value life insurance policy loans and how they work within the infinite banking concept. They break down how the loans work, the benefits, how you start one, as well as comparing policy loans to bank loans. Tune in now!
Show notes:
00:00 - Introduction
00:50 - What are policy loans?
1:35 - Benefits of a policy loan
3:15 - How do you initiate a policy loan?
5:00 - Are you paying interest to borrow your own money?
9:20 - How is the loan interest charged?
10:35 - What can you do with the loan?
11:25 - Should you always use policy loans instead of bank loans?
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On today’s episode, Darren is joined by Michael Sarracini, CEO and Co-founder of Keyspire. They chat about how Michael got started in real estate investing, how he was able to scale his business, and what he thinks are the top 3 challenges facing real estate investors today, among other things.
They also chat about the upcoming Keyspire Investor Summit that is taking place in Toronto on September 27th, 28th, 29th! This is the first year the summit is open to the general public and if you haven’t bought your ticket yet, now is the chance! Click the link below to get your ticket now!
GET YOUR TICKETS: https://keyspireinvestorsummit.com/buy-tickets/
Show notes:
00:00 - Introduction
00:30 - How did Michael Sarraci get started in the real estate world
6:00 - How did Michael acquire his first property?
10:20 - How did Michael initially scale his real estate investing business
14:20 - The top three challenges that real estate investors are facing today
18:10 - Where are the opportunities in the market place?
24:55 - What is Keyspire?
27:25 - What is the Keyspire Investor’s Summit and what’s in store for the 2024 summit?
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Michael Sarracini is an award-winning entrepreneur & real estate investor. Starting over 20 years ago as a university student with nothing but debt and the drive to succeed, he turned a small government loan into a multimillion-dollar real estate empire that allowed him to retire at 25. With his new freedom he then explored other industries including television, ecommerce, real estate development & private education.
Today Michael is CEO of Keyspire and Chairman of The Sarracini Group. He focuses on adding value to people through personal development & education and adding value to land through strategic partnerships & development.
Michael’s team has trained more than 100,000 real estate investors and helped them generate tens of millions of dollars in net worth. As an entrepreneur, he has won multiple business awards for business growth, sales revenue and employee satisfaction, and in 2016 he led the #1 fastest-growing consumer business in the country.
Michael supports his business growth through strong leadership, solid business practices and community involvement. Michael believes in, and invests heavily in, his personal growth & personal development. He believes strongly in community involvement and sits on the board of directors and the leadership committee for the Children’s Foundation.
Michael lives with his wife and two boys just outside of Toronto, Canada. He loves to spend his time with his family: swimming, mountain biking, hiking, BBQing and big family dinners. He also enjoys scuba diving & playing squash.
Michael’s ultimate goal is to help his partners and his students maximize both their profits and their purpose so they can live enriched and fulfilling lives
On today’s episode, Darren is joined by Michael Sarracini, CEO and Co-founder of Keyspire. They chat about how Michael got started in real estate investing, how he was able to scale his business, and what he thinks are the top 3 challenges facing real estate investors today, among other things.
They also chat about the upcoming Keyspire Investor Summit that is taking place in Toronto on September 27th, 28th, 29th! This is the first year the summit is open to the general public and if you haven’t bought your ticket yet, now is the chance! Click the link below to get your ticket now!
GET YOUR TICKETS: https://keyspireinvestorsummit.com/buy-tickets/
Show notes:
00:00 - Introduction
00:30 - How did Michael Sarraci get started in the real estate world
6:00 - How did Michael acquire his first property?
10:20 - How did Michael initially scale his real estate investing business
14:20 - The top three challenges that real estate investors are facing today
18:10 - Where are the opportunities in the market place?
24:55 - What is Keyspire?
27:25 - What is the Keyspire Investor’s Summit and what’s in store for the 2024 summit?
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
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Michael Sarracini is an award-winning entrepreneur & real estate investor. Starting over 20 years ago as a university student with nothing but debt and the drive to succeed, he turned a small government loan into a multimillion-dollar real estate empire that allowed him to retire at 25. With his new freedom he then explored other industries including television, ecommerce, real estate development & private education.
Today Michael is CEO of Keyspire and Chairman of The Sarracini Group. He focuses on adding value to people through personal development & education and adding value to land through strategic partnerships & development.
Michael’s team has trained more than 100,000 real estate investors and helped them generate tens of millions of dollars in net worth. As an entrepreneur, he has won multiple business awards for business growth, sales revenue and employee satisfaction, and in 2016 he led the #1 fastest-growing consumer business in the country.
Michael supports his business growth through strong leadership, solid business practices and community involvement. Michael believes in, and invests heavily in, his personal growth & personal development. He believes strongly in community involvement and sits on the board of directors and the leadership committee for the Children’s Foundation.
Michael lives with his wife and two boys just outside of Toronto, Canada. He loves to spend his time with his family: swimming, mountain biking, hiking, BBQing and big family dinners. He also enjoys scuba diving & playing squash.
Michael’s ultimate goal is to help his partners and his students maximize both their profits and their purpose so they can live enriched and fulfilling lives
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are debunking a popular financial myth: buy term insurance and invest the difference somewhere like the stock market. Although there is certainly a time and a place for term insurance, this is NOT the way. Check out the episode to learn why that is and Darren and Christina’s advice for what you should actually be doing instead. Tune in now!
Show notes:
00:00 - Introduction
1:50 - Buy term and invest the difference: what exactly does that mean?
11:05 - The need for term insurance
14:10 - The problem with expired term insurance in retirement
19:15 - Buying term and investing the difference is NOT a real plan
21:10 - When does term insurance make sense?
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On today’s episode, Darren and Christina are joined by wealth coaches Dan Spry and Connor Eagleson to discuss infinite banking and what made them decide to join the Control and Compound team. Dan speaks on his experience in the traditional banking world and why switching to infinite banking made sense, Connor talks about using infinite banking when his mortgage renewal was coming up and Christina and Darren chat about their biggest takeaways from working with the infinite banking concept over the years. Tune in now!
Show notes:
00:00 - Introduction to our wealth coaches
1:55 - Traditional banking vs. infinite banking
5:30 - Using loans for Bitcoin
9:10 - Using infinite banking to refinance your mortgage
11:30 - Christina’s infinite banking AHA moment
16:55 - Darren’s biggest takeaway from using the infinite banking concept over the last several years
20:05 - What is a SWAN account?
22:20 - Infinite banking answers the questions you didn’t even know you had
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On today’s episode it’s the September update, where did summer go?! Darren and Christina chat about the Bank of Canada and where they think interest rates are heading for Q4, the Canadian dollar, economic news including revisiting the capital gains tax, house prices across the country, as well as some interesting life insurance industry news. Tune in now!
Show notes:
00:00 - Introduction
00:35 - Bank of Canada update
4:20 - Canadian dollar update
5:05 - Economic news
11:00 - Stock market update
11:55 - Bitcoin update
15:40 - Real estate market update
19:05 - Life insurance industry news
22:05 - Control and Compound news
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina are pulling back the curtain on 10 myths that you’ve been told by your financial advisor! You’ll be surprised with some of these and we’ve gone over a few in past episodes but some of the myths include average rate of return vs. actual rate of return, having emergency an fund in the form of cash, as well as retiring in a lower tax bracket. If you feel like you’re not getting all the information you need, it’s time to tune in!
Show notes:
00:00 - Introduction
1:55 - RRSP myth
3:20 - Average rate of return myth
7:00 - Accumulation myth
9:25 - Buying cheap term insurance and invest the difference myth
12:05 - Retiring in a lower tax bracket myth
13:55 - Business owners and real estate investors should max out their RRSPs myth
15:30 - Having an emergency account in cash myth
17:50 - High risks for high returns myth
20:00 - Maxing out RRSPs and TFSAs myth
22:25 - Financial advisors being an expert on everything myth
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On today’s episode, Darren and Christina are breaking down corporate investment strategies and how they are taxed inside a corporation including passive income, capital gains, mutual funds, as well as real estate. Stick around until they end where they go over corporate life insurance and why it can be one of the best investment strategies within a corporation. Tune in now!
Show notes:
00:00 - Introduction
1:30 - Personal taxation overview
2:35 - Why do people invest inside their corporation?
4:40 - Passive income recap
9:40 - How is interest income taxed inside a corporation?
11:15 - How are capital gains taxed inside a corporation?
13:05 - Corporate class mutual fund
16:15 - How are dividends taxed inside a corporation?
18:10 - Is anything tax free?
19:00 - How is a REIT counted as income?
20:45 - How is real estate inside a corporation treated?
24:40 - How is Bitcoin taxed inside a corporation?
26:10 - How does corporate life insurance play a role?
29:30 - A closer look at the death benefit
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On today’s episode, Darren and Christina are back with another installment in the Becoming Your Own Banker series and they’ll be covering page 68. On this page, Nash talks about the cost of financing vs. the cost of acquisition, why it’s so important to know the difference, and of course, how this all applies to the infinite banking concept!
Show notes:
00:00 - Introduction
00:40 - The cost of financing vs. the cost of acquisition
5:45 - Managing and valuing your time properly
11:45 - How this all applies to the infinite banking concept
FIND US ON:
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On today’s episode, Darren is pleased to be joined by guest Patrick Francey, CEO of REIN Canada and Host/Creator of The Everyday Millionaire Podcast. The two chat about how Patrick got started in entrepreneurship, why it’s important to treat real estate investing like a business, the importance of strong company culture, as well as commentary on certain government policies aimed to alleviate the current housing shortage facing Canadians among other things. Tune in now!
Show notes:
00:00 - Introduction
1:10 - How Patrick got started on his entrepreneurial journey
3:45 - Patrick’s take on mindset
10:10 - Treating your real estate investing like a business
13:10 - The importance of good culture in business
25:05 - Using data to make important real estate investing decisions
30:05 - How effective are government policies that aim to make housing more affordable for everyone?
33:15 - What people should look for in a tenant screening
38:00 - Determining rental demand before investing in a property
45:10 - Advice for a new real estate investor
FIND PATRICK ON:
INSTAGRAM: https://www.instagram.com/pfrancey/?hl=en
LINKEDIN: https://www.linkedin.com/in/pfrancey/?originalSubdomain=ca
WEBSITE: https://theeverydaymillionaire.ca/
X: https://x.com/pfrancey?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
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BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
GET YOUR TICKETS NOW: https://keyspireinvestorsummit.com/buy-tickets/
On today’s episode, it’s the August update! Darren and Christina discuss the new interest rate, where the Canadian dollar stands, some interesting stock market and bitcoin news as well as a breakdown of Canada’s progressive tax system. Here’s a little hint, the wealthy pay more tax than you think!
Show notes:
00:00 - Introduction
00:35 - Bank of Canada and interest rates update
4:15 - Canadian dollar update
5:10 - Stock market update
5:45 - Bitcoin update
7:30 - Real estate update
13:20 - Economic news - Breaking down Canada’s progressive tax system
16:40 - Life insurance industry news
20:40 - Control and Compound news
23:25 - Control and Compound podcast news
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On this week’s episode, Darren and Christina are breaking down retirement benefits and plans in Canada vs. the USA including RRSP vs. 401(k), TFSA vs. Roth IRA, and of course they compare the similarities and differences between infinite banking in Canada and in the USA. Tune in now!
Show notes:
00:00 - Introduction
2:40 - RRSP vs. 401(K)
6:40 - TFSA vs. Roth IRA
8:00 - Canada Pension Plan (CPP) vs. Social Security
13:05 - Infinite banking in Canada vs. USA
15:45 - MTAR line vs. MEC line
17:55 - Does infinite banking work better in Canada or the USA?
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On today’s episode, Christina and Darren break down the 3 steps you need to take to successfully implement the infinite banking concept including educating yourself, learning about the concept and where to save your money, how to take advantage of opportunities and investments to multiply your money, and stressing the importance of repaying back your loan. They also have a bonus step at the end so stick around and check it out!
Show notes:
00:00 - Introduction
1:45 - Learning about the infinite banking concept and where to save your money
6:00 - How to be your own bank
8:00 - Private lending example
11:10 - Repaying your loan
13:20 - BONUS STEP
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On today’s episode, Darren and Christina are breaking down why you need high cash value life insurance to have a stress free retirement with more money and more freedom to spend that money. The two break down the major risks we face in retirement (including inflation and taxable income) and how a high cash value life insurance policy can mitigate these risks. Tune in now!
Show notes:
00:00 - Introduction
1:35 - The major retirement risks that people worry about
3:20 - Mitigating risks with high cash value life insurance
6:40 - Breaking down the death benefit
12:10 - Having too much taxable income in retirement
13:30 - Affording long term care facilities
15:50 - Protecting yourself from inflation
16:45 - Longevity protection
18:50 - Traditional retirement plan vs. high cash value life insurance policy
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On today’s episode, we’re doing an audience request episode! Darren and Christina are breaking down what they would tell their younger selves if they knew then what they know now! They chat about the importance of investing in yourself, avoiding things like lifestyle inflation and bad credit, as well as why you need to understand how to compound and control your money properly. This was an incredibly informative episode, tune in now!
Show notes:
00:00 - Introduction
2:45 - Investing in yourself
7:45 - Creating assets vs. liabilities
13:00 - Avoiding lifestyle inflation
14:55 - Building good credit
22:20 - Understanding compound interest
27:15 - Controlling your money the right way
33:30 - Summary
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On today’s episode, Darren is joined by Shane Unruh, Founder and CEO of XS Asset Management, a vertically integrated asset management company that identifies, purchases and manages large scale multifamily apartments. Darren and Shane talk about how Shane got into the multi-family business, how he started his company, the challenges and success stories, as well as where he sees market trends going in Alberta and Canada at large. Tune in now!
Show notes:
00:00 - Introduction to Shane Unruh
1:45 - Current state of the multi family market
3:35 - Average rent in Edmonton
7:20 - Challenges of getting into multi family real estate
9:40 - What does an investment with Shane and his team look like?
13:10 - How much leverage and amortization on a typical property?
14:25 - Breaking down the CMHC
17:15 - Interest rates comparison
17:50 - Shane’s approach to managing properties
20:00 - Multi family real estate trends
22:25 - Upcoming niche markets
26:35 - Success stories from Shane
29:15 - Advice for new multi family real estate investors
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FIND SHANE ON:
WEBSITE: https://xsassetmanagement.com/home/
INSTAGRAM: https://www.instagram.com/shaneunruh_/
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
Happy Canada Day everyone! On today’s episode, it’s the July update! Darren and Christina chat about the new interest rate announcement and what they expect for the rest of the year, updates on the Canadian dollar, stock market, and real estate market, as well as industry news and some exciting Control and Compound news! Tune in now.
Show notes:
00:00 - Introduction
00:30 - Bank of Canada update
2:50 - Canadian dollar update
3:20 - Stock market update
4:05- Bitcoin update
5:30 - Real estate update
8:00 - Life insurance industry news
9:10 - Economic news
11:20 - Dividend announcements
11:55 - Control and Compound news
14:10 - Control and Compound podcast news
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On today’s episode, Darren and Christina are breaking down the corporate insured retirement plan. We’ve had a lot of you request this episode so we’re excited to share our thoughts! Darren and Christina chat about how the plan works, what life insurance product it utilizes, as well as the tax implications, how to spend tax free in retirement, and why this plan can be so powerful!
Show notes:
00:00 - Introduction
1:00 - What is the corporate insured retirement plan?
6:05 - what product is used for this plan?
7:20 - What makes this plan so powerful?
11:10 - Tax breakdown
12:40 - Example of the plan in action
19:30 - Best ways to take income in retirement
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On today’s episode, Darren and Christina are back with another Nelson Nash spotlight. They’ll be going over pages 66 and 67 of his book, Becoming Your Own Banker. Nelson talks about the retirement trap and what you need to do to have a successful life after work in retirement. Is your money for retirement protected? Tune in now to find out!
Show notes:
00:00 - Introduction
2:40 - How does an RRSP work?
4:45 - Your money is not protected in government retirement savings programs
8:30 - Saving vs. investing for retirement
11:00 - The retirement trap
16:10 - Doing great things later in life
19:50 - Control your money
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On today’s episode, Darren and Christina are breaking down all you need to know about life insurance, including the different types, why you need it, how it can benefit business owners, and of course the role it plays in the infinite banking concept. Tune in now!
Show notes:
00:00 - Introduction
00:55 - Canadians are grossly underinsured
5:20 - The roadblocks to getting life insurance
8:25 - The reasons you’d need or want life insurance
15:20 - Why business owners should want life insurance
21:05 - Ensuring intergenerational wealth with life insurance
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In the first of our monthly mini episodes, Darren and Christina are breaking down how to use corporate dollars for the infinite banking concept. We did a full episode on this topic earlier this year but with the mini episodes, we aim to break these concepts down speaking directly to you, our audience.
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On this week’s episode, it’s the June update and Darren and Christina are covering news on the Bank of Canada, the Canadian dollar, updates on the real estate and stock market, as well as some interesting news in the Bitcoin world. Tune in now!
Show notes:
00:00 - Introduction
00:40 - Bank of Canada rates
6:25 - Canadian dollar update
7:05 - Stock market update
7:30 - Bitcoin news
11:50 - Real estate news
16:10 - Life insurance industry news
18:50 - Economic news
21:55 - Control and Compound news
24:00 - Podcast news
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We had an absolute blast at the 2024 Multi Family Conference in Toronto this past week and Darren and Christina sat down with some of the fantastic attendees as well as exhibitors and speakers to find out what they thought of the conference as well as their number 1 tip for real estate investors!
Tune in now!
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
On today’s episode, Darren and Christina chat about the ways in which you can be insurable, especially for those who think it may be out of the question due to several reasons including pre-existing conditions. They also chat about the importance of working with life insurance experts as well as some of Darren’s personal client stories. Tune in now!
Show notes:
00:00 - Introduction
2:15 - Are you eligible for life insurance?
3:45 - Does family history play a significant role in determining eligibility?
8:35 - Breaking down your rating
18:55 - The importance of working with life insurance experts
23:50 - Examples of the process to getting approved
34:30 - Darren’s personal client stories
37:20 - What happens if you can’t get approved?
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On today’s episode, Darren and Christina break down the insured retirement program including how it works, the benefits (before and after retirement), as well as how this strategy stacks up against more traditional ones. Tune in now!
Show notes:
00:00 - Introduction
1:20 - What is an insured retirement program (IRP)
1:55 - Who is the IRP for?
2:40 - How does the IRP work?
5:00 - The benefits of the IRP
7:30 - How do you set up an IRP?
14:10 - Can you use corporate dollars for this strategy?
14:40 - Will your retirement income be smaller with this strategy compared to a traditional method?
21:25 - The benefits of the IRP (continued)
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On today’s episode, Darren and Christina are honoured to have the one and only Garrett B. Gunderson on as a guest! The three chat about some of the books Garrett has authored including “What Would the Rockefellers Do” and “Killing Sacred Cows” as well as his new book “Money Unmasked”. They also talk about some great examples of companies leveraging life insurance as well as the “win then play” philosophy. Tune in now, you don’t want to miss this episode!
Show notes:
00:00 - Introduction to Garrett B. Gunderson
8:30 - Garrett chats about the updated version of his book “What Would the Rockefellers Do?”
12:55 - How General Electric incorporated the Rockefeller method (corporate owned life insurance) and where it went all wrong for them
22:10 - The best place to save your money
32:15 - A deeper look at Garrett’s new book, “Money Unmasked”
37:20 - “Win then play” philosophy
FIND GARRETT ON:
Website: https://garrettgunderson.com/
Money Persona Quiz: https://garrettgunderson.com/tools
Garrett’s Books: https://garrettgunderson.com/books
Instagram: https://www.instagram.com/garrettbgunderson/?hl=en
Linkedin: https://www.linkedin.com/in/garrett-gunderson-651359b3/
YouTube: https://www.youtube.com/@GarrettGundersonTV/videos
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On today’s episode, it’s the May update and Darren and Christina are breaking down all the news including updates on inflation, productivity, where the Canadian dollar is headed, as well as huge news in the Bitcoin world, and some exciting events coming up for the Control and Compound team. Tune in now!
Show notes:
00:00 - Introduction
00:35 - Bank of Canada update
3:15 - Canadian dollar update
4:50 - Economic news
6:40 - Stock market update
8:10 - Bitcoin update
11:55 - Real estate market update
18:20 - Life Insurance industry news
20:20 - Control and Compound news
22:25 - Control and Compound podcast update
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On today’s episode, Darren and Christina are breaking down participating whole life insurance as they take a closer look at what a typical fund looks like based on the companies they work with. This includes the types of bonds, mortgages, equities, and real estate that is usually invested in as well as a breakdown of the fees and how this fund has paid a dividend every year for over 150 years! If you’ve been wondering about infinite banking, this is the episode for you!
Show notes:
00:00 - Introduction
00:55 - What is Participating Whole Life Insurance?
3:40 - What does a participating whole life fund look like?
8:55 - A closer look at the type of bonds that are invested in
10:15 - A closer look at the private placements that are invested in
11:15 - A closer look at mortgages that are invested in
11:55 - A closer look at the equities that are invested in
12:40 - A closer look at the real estate that is invested in
15:50 - Policy loan breakdown
17:30 - Who manages this fund?
19:20 - A breakdown of the fees
21:35 - A conversation surrounding the dividends
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Just like the new federal budget, this episode was a doozy! Darren and Christina break down the ins and outs of the 2024 Canadian Federal Budget including the highly controversial capital gains tax increase. Is taxing the backbone of Canadian business really the best idea for Canada moving forward? Tune in to find out!
00:00 - Introduction
6:00 - Capital gains exemption increased
8:50 - The Canadian Entrepreneurs’ Incentive
15:10 - The capital gains tax change
27:30 - Other aspects of the budget
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On today’s episode, Darren and Christina are breaking down their key lessons learned from reading the book Rich Dad, Poor Dad by Robert Kiyosaki including how to find the right models for wealth, not getting caught up in the rat race, having your money work for you, and of course one of the most important lessons: the power of uninterrupted compounding!
Tune in now.
Show notes:
00:00 - Introduction
00:55 - What makes Rich Dad, Poor Dad stand out?
5:20 - Finding models for wealth
6:50 - “You’re broke, not poor”
7:55 - The rich have money work for them
9:05 - Don’t get caught up in the rat race
11:10 - Work to learn, don’t work for money
12:50 - EBSI mindset shift
16:20 - Assets vs. liabilities
17:15 - The power of uninterrupted compounding
18:30 - Understanding the history of taxes and corporations
21:20 - The rich invent money
23:00 - Overcoming obstacles and taking calculated risks
25:25 - Pay yourself first
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On today’s episode, Darren and Christina are answering your questions on all things infinite banking. We get a lot of questions from our audience across multiple platforms, and today we’re answering the ones asked the most, 11 and a half of them to be exact! If you’re interested in learning the ins and outs of infinite banking, tune in now!
Show notes:
00:00 - Introduction
00:55 - Is the death benefit taxable in Canada?
1:30 - What is the difference between the MEC (modified endowment contract) line and MTAR (maximum tax actuarial reserve) line?
2:40 - What is CSV (cash surrender value)?
3:10 - How do you borrow against life insurance?
4:15 - How do you find a qualified infinite banking concept advisor?
6:15 - What is a contingent beneficiary?
7:00 - Is a corporate owned life insurance policy taxable in Canada?
8:00 - Should I buy my house with my life insurance policy?
9:20 - What happens if I cancel my policy?
9:50 - What happens to my policy if I get divorced?
10:30 - Do I need to update my will and can I change my beneficiary?
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On today’s episode, Darren and Christina are joined by Mimi Fei, CFO and Co-owner of HoneyBee Development Group, a boutique real estate development firm based in British Columbia. The three chat about how Mimi got into the real estate investing business, how she was able to grow HoneyBee Development Group into what it is today, and they also go over Mimi’s due diligence checklist. If you’re a real estate investor and you want the blueprint to everything you need to do before going in on a deal, you do not want to miss this episode!
Show notes:
00:00 - Introduction
1:40 - How Mimi Fei got into real estate investing
3:50 - What is HoneyBee Development Group?
5:30 - The keys to being successful in real estate investing
7:30 - The due diligence checklist
18:09 - Legal compliance
24:05 - Physical inspection
29:25 - Exit strategy assessment
34:20 - Example of a deal where something went wrong
38:20 - Team evaluation
FIND US ON:
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FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
FIND HONEYBEE DEVELOPMENTS ON:
WEBSITE: https://honeybeedevelopment.com/
THE DUE DILIGENCE CHECKLIST:
Market Analysis:
-
Study local market conditions, including trends in property values and rental rates.
-
Research the supply and demand dynamics in the target market.
-
Analyze demographic data such as population growth, income levels, and household sizes.
-
Identify key industries and employers driving economic activity in the area.
-
Evaluate employment trends and unemployment rates.
-
Assess the overall economic outlook and growth prospects for the market.
Financial Analysis:
-
Review historical financial performance of similar properties in the area.
-
Analyze proforma financial statements to project future revenue and expenses.
-
Scrutinize assumptions used in financial models, such as rent growth rates and operating expenses.
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Evaluate the proposed investment structure, including ownership interests and profit- sharing arrangements.
-
Assess the availability and terms of financing, including interest rates, loan-to-value ratios, and repayment terms.
-
Determine the eligibility criteria for potential investors, including accreditation requirements and minimum investment amounts.
Legal and Regulatory Compliance:
-
Verify compliance with zoning and land use regulations, including any restrictions on development or property use.
-
Confirm the legal ownership of the property through title searches and deed records.
-
Review permits and approvals obtained for the project, including building permits, environmental permits, and zoning variances.
-
Examine the terms and conditions of any legal agreements related to the property, such as leases, easements, or development agreements.
-
Ensure that the proposed legal structure for the investment, such as a partnership or GP/LP, corporate structure is appropriate and legally sound.
Physical Inspection:
-
Conduct a thorough inspection of the property to assess its condition and identify any potential issues or defects. (Drive-by or virtually)
-
Obtain professional appraisal reports to determine the fair market value of the property.
-
Review environmental studies and reports to identify any contamination or hazardous materials on the site.
-
Evaluate geotechnical studies to assess soil stability and potential risks for construction.
-
Check for the presence of underground oil tanks and obtain reports on their condition and any remediation efforts.
-
Review occupancy reports if the property is livable/rentable
Exit Strategy Assessment:
-
Evaluate potential exit strategies based on market conditions and investment objectives.
-
Assess the marketability of the property and potential resale value based on current market trends.
-
Consider the impact of economic cycles and interest rate fluctuations on the property's value and income potential.
-
Review operating expenses and income projections to estimate future cash flow and return on investment.
-
Determine the availability of financing options for potential buyers and the potential impact on resale timing and pricing.
Team Evaluation:
-
Assess the experience and qualifications of the development team, including their track record of successful projects.
-
Review the credentials of key team members, such as developers, architects, engineers, and property managers.
-
Evaluate the strength of the team's professional network, including relationships with lenders, investors, and other industry professionals.
-
Consider the team's reputation and credibility within the local real estate community, including any past legal or regulatory issues.
-
Seek references from previous investors or partners who have worked with the team on similar projects.
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
Darren and Christina are back for another monthly update, can you believe it’s already April! The two chat about current interest rates and where they’re headed, how the carbon tax will affect Canadians once it goes into effect, interesting real estate news with Trudeau proposing new legislation to help renters, as well as industry news and Control and Compound news. Tune in now!
Show notes:
00:00 - Introduction
00:40 - Bank of Canada interest rates update
2:50 - The carbon tax is here
4:55 - Economic news
6:55 - Canadian dollar update
7:45 - Bitcoin update
9:40 - Canadian real estate update
15:20 - Life insurance news
16:45 - Control and Compound news
FIND US ON:
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TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
FACEBOOK: https://www.facebook.com/controlandcompound
JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
On today’s episode, Darren sits down with Daniel Foch, host of the number 1 real estate podcast in Canada, The Canadian Real Estate Investor Podcast. Darren and Daniel chat about how Daniel unintentionally found himself in the real estate industry, what led him to co-hosting one of the most popular podcasts in the country, and his thoughts on current policy around landlords and house flipping, among other things. Tune in now!
Show notes:
00:00 - Introduction
1:15 - Daniel’s real estate journey: What led him to becoming co-host of the number one real estate podcast in Canada
4:20 - How did Daniel become well-versed in real estate, the economy, etc.
7:00 - Daniel’s take on industry trends and timing the market
11:30 - Daniel’s take on current government policy surrounding landlord and tenants in Ontario
17:20 - Daniel’s take on the proposed tax on house flipping in BC
19:45 - Where will interest rates be in 3-5 years?
24:20 - Daniel’s take on where the real estate market nation-wide is headed
27:15 - Where does Daniel see growth happening for Canadian investors
31:20 - What is the 5 day challenge?
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
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YOUTUBE: https://www.youtube.com/@daniel_foch
TWITTER: https://twitter.com/daniel_foch?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
In this episode of our Bitcoin series, Darren and Christina break down the three big events that could change the course of Bitcoin including the new Bitcoin ETF, the updated financial accounting standards, as well as the halving of Bitcoin (which hasn’t happened yet but is already contributing to a huge jump in value for Bitcoin!) Tune in now.
Show notes:
00:00 - Introduction
4:00 - The three big events that could drastically affect Bitcoin
4:30 - Breaking down the Bitcoin ETF
8:05 - What is the new financial accounting standards board?
13:05 - The halving of Bitcoin
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On this week’s episode, Darren and Christina are back with another installment of the Nelson Nash Series. In part 7, they go over page 65 in the book that talks about the capitalizing and implementation of your banking system. They also chat about how to store your money properly before investing. Tune in now!
Show notes:
00:00 - Introduction
2:00 - Capitalizing our systems
6:00 - How does the infinite banking concept differ from traditional investing?
12:00 - How do I start using the infinite banking concept?
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On today’s episode, Darren and Christina are chatting about the lifetime capital gains exemption that can be used by small business owners with a corporation among others to save on some of the tax when selling. They chat about how the exemption works, who’s eligible, and different ways you can apply it. Tune in now!
Show notes:
00:00 - Introduction
1:40 - What is the lifetime capital gains exemption?
5:30 - Assets that will qualify for the exemption
6:15 - Looking at example of selling a business with lifetime capital gains exemption
10:30 - Can you multiply the capital gains exemption?
12:05 - What is a qualified small business?
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On today’s March Update, Darren and Christina have a lot to cover! Including updates on interest rates, the stock market in Canada and the US, Bitcoin, as well as life insurance industry news and a new tax on flipping in BC that doesn’t exactly seem all that thought out. Tune in now!
Show notes:
00:00 - Introduction
1:20 - Bank of Canada / Interest rates update
3:40 - Is Canada in a recession?
6:25 - Stock market update
7:35 - Bitcoin update
10:55 - Real estate update
18:20 - Life insurance industry news
20:00 - Update on the economy
22:20 - Control and Compound company news
26:20 - Control and Compound podcast news
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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
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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
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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?
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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
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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?
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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
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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?
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On today’s episode, Darren is joined by Ken Dunn, an expert in fundraising and real estate investing. Darren and Ken chat about how Ken got his start in real estate, what led him to where he is today, and they talk about specific projects he’s working on in the cottage and resort industry. If you’re a new real estate investor and you want to know how to raise funds for your projects, you do not want to miss this episode!
Show notes:
00:00 - Introduction
1:40 - Ken’s background and how he found his way to where he is today
5:55 - How did Ken get into resort and cottage rentals?
8:05 - What criteria is Ken looking for when purchasing a resort?
12:50 - How does Ken finance a resort?
21:05 - Ken’s hot tub company story
23:45 - Ken’s advice for a real estate investor who’s about to start raising funds
27:30 - Best way to contact Ken
FIND KEN ON:
WEBSITE: https://www.KenDunn.com
YOUTUBE: https://www.youtube.com/@kendunnCDV
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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
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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
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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
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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
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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
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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?
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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?
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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
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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
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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
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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
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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
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TAX TIPS: https://www.taxtips.ca/index.htm
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/
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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
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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
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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
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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
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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
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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
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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
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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/
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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/
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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
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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
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FIND MIT ON:
INSTAGRAM: https://www.instagram.com/mitperin/
WEBSITE: https://foundationcapital.com/
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
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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?
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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?
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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
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FIND ILONA KOZIOL ON:
INSTAGRAM: https://www.instagram.com/ilonakoziol.rei/
LINKEDIN: https://www.linkedin.com/in/ilona-szurski/?originalSubdomain=ca
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
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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
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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
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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?
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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?
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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
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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
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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/
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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
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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
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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
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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
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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
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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
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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
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On today’s episode, Darren and Christina go through many of your questions regarding dividends when it comes to participating whole life policies. Questions include, why does the dividend matter, when are they announced, and is being a whole life policy holder different from a shareholder in terms of the dividend. This is a very informative episode, tune in now!
Show notes:
00:00 - Introduction
1:15 - Why does the dividend matter to policy holders?
3:15 - Do the insurance companies always pay the dividend?
4:50 - When are dividends announced?
6:15 - Is a participating whole life policy holder different from a shareholder?
9:10 - What’s going on with the insurance companies, how do they decide dividend value?
11:40 - How do cancellations work?
14:05 - Policy expenses
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On today’s episode, Darren and Christina go through some of the comments they’ve seen online about what some people think infinite banking is and how it works. We’ve got some debunking to do, you don’t want to miss this episode!
Show notes:
00:00 - Introduction
1:35 - “Infinite banking is a scam” (no it’s not)
4:05 - “You lose the cash value when you die” (you don’t)
7:25 - “Why would I pay interest to borrow my own money” (it’s not your money)
10:00 - “The whole life policy is just a high commission product for the agent” (it’s not)
13:30 - “I can get a much higher rate of return investing somewhere else”
16:10 - “Dividends are just a return of an overpayment”
18:40 - “Infinite banking can’t be done in Canada” (it can)
20:25 - “Whole life is too expensive”
26:10 - “When I put my money inside the insurance, I can’t pick my own investments”
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On today’s May update episode, Darren and Christina go over current interest rates, the stock market, housing prices, and also chat about the importance of AI and how it’s going to affect the business and investing world in the near future. They also have some great news from the life insurance world with some of the providers announcing new things. Tune in now!
Show notes:
00:00 - Introduction
00:55 - Interest Rates update
3:00 - Bitcoin ytd update
3:55 - Stock market update
5:15 - House prices update
7:10 - The effects of AI on the real estate investing and business world
9:20 - Dividend scale announcement for Canada Life
11:25 - Canada Life introduces new product
13:55 - Question from one of our listeners: Difference between revocable and irrevocable beneficiaries
16:10 - C&C Update - What’s going on with us
17:50 - Update on our podcast episodes
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On today’s episode, Darren and Christina discuss critical illness insurance and the benefits that come along with it. They dive deep into what illnesses are covered, additional benefits, as well as how these policies are set up. Tune in now!
Show notes:
00:00 - Introduction
1:05 - What is critical illness insurance?
5:15 - What illnesses are covered?
12:28 - What other benefits are provided?
13:20 - The living care benefit
16:10 - What is a rider and how are they involved?
21:30 - How are these policies set up?
25:05 - Types of ownership for the policy
30:40 - Is critical illness insurance for me?
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On today’s episode, Darren welcomes private lending expert, Kyle Ford from Kyle Ford Mortgages, to the show. You don’t want to miss this one, Darren and Kyle go through everything you need to know about private lending including what a typical transaction looks like, why people choose the route of private lending instead of typical financing, costs and fees involved, as well as many other key points. Tune in now!
Show notes:
00:00 - Introduction
1:30 - Introduction to Kyle Ford
5:50 - Why do successful investors choose private lending over normal financing/loan?
9:15 - Who are the lenders typically?
12:25 - What does a private lending transaction look like?
20:30 - Typical appraisal costs and lawyer fees for borrower and lender?
22:40 - What does a typical deal look like at $100,000-$300,000 loan?
33:05 - Has Kyle had a situation where the borrower didn’t pay or cannot pay their loan?
37:30 - If I want to loan money from my RRSP or TFSA, what does that process look like?
42:55 - What are the things Kyle is most excited about right now? Intro to CapGap Mortgage Trust
45:55 - What type of lending will CapGap be doing?
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WEBSITE: https://www.kylefordmortgages.com/
On today’s episode, Darren and Christina break down what it looks like if you use cash inside your corporation to fund an infinite banking policy. You’re not going to want to miss this episode as they go over the tax implications, OpCo vs. HoldCo, and what you can use the cash for in a policy. Tune in now!
Show notes:
00:00 - Introduction
1:20 - CCPC (Canadian controlled private corporations) tax implications
7:55 - Using corporate dollars for infinite banking
13:35 - OpCo vs. HoldCo
17:20 - Can I put a policy on my kids/spouse within my corporation?
20:00 - Surviving shareholders
23:50 - What else can you use the money in your corporate policy for?
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On today’s episode, Darren and Christina discuss the recent banking collapse scare with Silicon Valley Bank leading the way. They also get into what this could mean for the insurance companies that they use for infinite banking participating whole life policies. Don’t worry, it’s good news for infinite banking even though it might be bad news for the banks!
Show notes:
00:00 - Introduction
1:25 - Life insurance contracts for infinite banking policy: are they at risk?
8:20 - Levels of protection with the insurance companies we work with
14:45 - Oversight, reserves, and regulations of the insurance industry in Canada
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On today’s April update episode, Darren and Christina do an analysis of the 2023 Canadian federal budget including increases on tax rate, 1.18 trillion dollars in federal debt, but no changes to life insurance! They also chat about the updates to RESP as well as how the insurance companies that are compatible with infinite banking fared this past year in terms of revenue. Tune in now!
Show notes:
00:00 - Introduction
1:00 - Thank you to our listeners/viewers!
2:05 - Budget Analysis
5:00 - Government’s solution for housing crisis
8:35 - RESP Updates
11:55 - Alcohol tax increase gets lowered…Canadians let out sigh of relief
13:05 - Insurance companies update
14:05 - Inflation and interest rates update
16:30 - C&C episode update
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On today’s episode, Darren and Christina are breaking down the Canada Pension Plan and Old Age Security. They go over the ins and outs of each fund and most importantly, let you in on a few dirty little secrets of the CPP. Tune in now!
Show notes:
00:00 - Introduction
1:55 - What can you get from CPP and OAS?
4:00 - Breaking down OAS (old age security)
11:15 - Breaking down Canada pension (cpp)
16:35 - Why is age 65 the most common age to take CPP?
22:05 - The dirty little secrets of CPP
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On today’s episode, Darren and Christina break down the differences between universal life policies and participating whole life policies including the fees associated, tax differences, the volatility difference, and which one you should be using for an infinite banking policy. Tune in now!
Show notes:
00:00 - Introduction
3:05 - What is a Universal Life Policy
6:25 - Fees associated with Universal Life
10:30 - Volatility of a Universal Life Policy
13:40 - How many can you access from each policy?
17:15 - What are the tax advantages of each policy?
22:15 - Why is there confusion between the two policies?
24:15 - YRT vs. Level
29:50 - Summary of the policies
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On today's episode, Darren welcomes Cherry Chan to the podcast! Cherry is a CPA and probably the most recognized real estate investing accountant in Canada and Darren and Cherry chat about how real estate investors can avoid paying unnecessary taxes when doing business. Tune in to this one, you don't wanna miss it!
Show notes:
00:00 - Introduction to Cherry Chan
6:20 - What taxes do you need to be aware of as a real estate investor
15:55 - Should you incorporate for tax purposes?
21:35 - New flipping rules
28:35 - PREC (Personal Real Estate Corporation) vs. small business
32:50 - How difficult is it to invest in USA
38:00 - Tax implications for Airbnbs
42:55 - Common tax questions
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INSTAGRAM: https://www.instagram.com/realestatetaxtips/?hl=en
YOUTUBE: https://www.youtube.com/@RealEstateTaxTips
WEBSITE: https://realestatetaxtips.ca/
On today’s episode, Darren and Christina dive deep into the world of joint venture deals and dissect what it takes to form a strong partnership to secure a successful joint venture. Darren also talks about the current joint venture deal he has going on in his portfolio. Tune in now!
Show notes:
00:00 - Introduction
00:45 - What’s a joint venture deal?
2:25 - How do I find a joint venture deal?
3:45 - Finding the right partner
10:20 - Contingency plans and setting up the joint venture partnership
13:15 - Example of a joint venture deal
16:15 - Using infinite banking in a joint venture deal
22:45 - Darren’s joint venture deal
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On today’s March Update episode, Darren and Christina chat about a potential recession coming, an update on the stock market and real estate market and they also have some great news in the insurance industry! Tune in now!
Show notes:
00:00 - Introduction
00:30 - Is a recession coming?
2:55 - Interest rates announcement on March 8, will there be a hike?
4:05 - Stock market update
6:50 - Real estate market update
8:25 - Control and Compound news - New Real Estate Webinar
11:00 - Insurance Industry Update
14:00 - Podcast episodes you may have missed
15:00 - Upcoming podcast episodes
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If you have children, you need to check this episode out! Darren and Christina break down the difference between using an RESP (registered education saving plan) and an infinite banking policy on a child. The results are incredibly impactful and if you were thinking an RESP is the right choice before this episode, your mind may very well be changed by the end of it! Tune in now.
Show notes:
00:00 - Introduction
1:50 - What can you use an RESP for?
5:05 - How does an RESP work?
8:05 - What happens ifyour child (the beneficiary) doesn’t attend a higher education institution?
13:50 - Risk/tolerance of putting RESP in stock market
18:15 - Example of an RESP policy in action
20:15 - Infinite banking policy on child in action
29:40 - What an infinite banking child policy can do in comparison to an RESP
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On today’s episode, Darren sits down with Josh Findlay and Ehren Laycock of the Findlay Mortgage Team to discuss all things mortgages including where to look for a mortgage, the most common types of mortgages, the key differences between A and B lenders, as well as some other unique products that investors are using these days. Tune in now!
Show notes:
00:00 - Introduction
1:18 - Intro to Josh and Ehren from Findlay Mortgage
4:50 - Where should I look for a mortgage?
8:10 - Most common mortgage for a buy and hold?
11:15 - A vs. B lenders; Key differences between them and what they’ll give you
14:00 - What kind of interest rates; A side vs B side lending
21:00 - Options besides A and B
25:45 - When would you use a mortgage investment company?
31:00 - Are lenders more hesitant in a small town vs. big city?
39:35 - Any other unique products that investors are using?
42:05 - How to get in touch with Findlay Mortgage
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WEBSITE: https://www.findlaymortgage.com/
INSTAGRAM: https://www.instagram.com/thefindlayteam/?hl=en
YOUTUBE: https://www.youtube.com/channel/UCHyUMXqdg7zMJgjmFJpUfqg/videos
On today’s episode, Darren and Christina break down all of the types of insurance that you can purchase, which ones are the most important, which ones are maybe not exactly necessary, and everything in between! Tune in now.
Show notes:
00:00 - Introduction
1:25 - What is your greatest asset?
2:05 - Breaking down critical illness insurance
8:40 - Disability insurance and why it differs from critical illness insurance
10:00 - Personal vs. group disability insurance
15:20 - Breaking down accidental death and dismemberment insurance
19:25 - Breaking down long term care insurance
22:35 - What are health care spending accounts
26:40 - Breaking down health and dental insurance
31:50 - Breaking down home and auto insurance
35:35 - Christina’s favourite! Pet insurance
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On today’s episode, Darren and Christina break down how to flip a house properly including how to find the best deal, understanding ARV, doing the most efficient renovations, and most importantly, how the infinite banking strategy completely enhances the process of successfully flipping a property. Tune in now!
Show notes:
00:00 - Introduction
3:24 - Finding the best deal
6:30 - Understanding ARV - After Repair Value
10:00 - Finding the money to take on the flip
10:55 - Renovations
12:30 - Selling the property
14:00 - How does infinite banking enhance flipping
19:10 - The ideal property to buy
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Welcome to February everyone! Darren and Christina go through a few updates including the recent interest rate hike and speculation on where rates will go for the rest of the year, a potential bounce back in the stock market, mortgage rates and GIC updates, a pricing outlook for housing in 2023 and finish with some updates within Control and Compound Financial and a question from our listeners!
#infinitebanking #stockmarket #realestateinvesting
Show notes:
00:00 - Introduction
1:00 - Interest Rates Update
3:20 - Stock market update - bounce back?
4:55 - Mortgage rates update
5:20 - GIC update
6:25 - Housing price outlook - 6% drop
8:05 - Control and Compound updates
9:55 - Questions from listeners
15:25 - Podcast episodes released in January
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On today’s episode, Darren and Christina break down all the components of life insurance including what kinds are available, what the best options are, and how and which policy you should be using when it comes to the infinite banking strategy. You don’t want to miss this episode!
Show notes:
00:00 - Introduction
1:08 - How many types of life insurance are there?
2:00 - Breaking down term 10 insurance
6:40 - Options at the end of a term 10 policy
13:00 - Breaking down term 20 insurance
20:55 - Breaking own universal life insurance
32:20 - Participating vs. non-participating whole life policies
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On today’s episode, Darren and Christina had the pleasure of welcoming Neal Andreino and Chandler Haliburton, hosts of the Master Keys podcast, to the show. Master Keys is the #1 real estate investing podcast in Atlantic Canada and Neal and Chandler have their fingers on the pulse of all things real estate investing and development in Halifax and the surrounding areas.
The four chat about many different topics including Neal and Chandler’s current portfolios, whether or not the BRRRR model can still be effective in today’s market, their thoughts on the 2% rent cap, backyard suites and bungalows, and their future outlook on the East Coast market.
Show notes:
00:00 - Introduction
1:50 - How Neal and Chandler got into real estate
5:45 - Neal and Chandler’s first purchase in the real estate world
14:30 - How Neal and Chandler grew their portfolios
19:55 - Is the BRRRR model still effective in Halifax…Canada?
22:50 - Breakdown of the Halifax market: past, present, and future
29:38 - Chandler’s current land development
40:45 - How tough is it to get tradespeople in Halifax
43:40 - Cost of goods for construction
47:00 - Thoughts on the 2% rent cap
51:00 - Predictions on if the 2% rent cap will stick around
55:55 - Backyard bungalows and suites
1:03:10 - Application to get permits to build outside HRM
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FACEBOOK - https://www.facebook.com/Master-Keys-Podcast-110495988057336/
YOUTUBE - https://www.youtube.com/channel/UCbwGbXm4rUWTZ-_6TOkuHfg?app=desktop
On today’s episode, Darren and Christina break down how pre-construction projects work, a step by step process of what you need to do and they finish the episode off with how infinite banking can be used to enhance these types of projects. Tune in now!
Show notes:
00:00 - Introduction
1:15 - Hands-on vs. hands-off investing
2:45 - What is pre-construction?
4:00 - Example of pre-construction project
8:45 - Breaking down the steps you need to take for pre-construction project
15:45 - Picking the right builder for the project
20:00 - The 3 clauses you need to know about
26:55 - How infinite banking makes a pre-construction project better
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On today’s episode, Darren and Christina go over the SMART goals strategy, how to get organized for the year, making sure you set BIG goals, and finish the episode with how Control and Compound specifically sets and attains their goals.
Show notes:
00:00 - Introduction
1:05 - SMART goals method
2:15 - Specific goal
4:00 - Measurable goal
6:05 - Attainable goal
7:10 - Relevant goal
8:00 - Timeline for goals
10:00 - Big hairy audacious goals
14:30 - How Control and Compound sets and reaches goals
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In the first episode of a series breaking down Darren’s book “Infinite Banking for Real Estate Investors”, Darren and Christina chat all things private lending and how you as an investor can use other people’s money to take advantage of opportunities in the market. This strategy is what some of the most savvy investors use and after listening to this episode, you too can use it effectively. The episode concludes with Darren and Christina explaining how using infinite banking concept with private lending can be a true game changer. Tune in now!
Show notes:
00:00 - Introduction
2:00 - Why do private lenders loan money?
4:00 - What does a typical loan look like?
6:10 - What does it mean to be in first position?
14:25 - Where do you find private money?
19:10 - Costs associated with borrowing private money
21:05 - Incorporating infinite banking with private lending
27:10 - What other podcast episodes will help me with this?
29:50 - Wrapping up
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Happy New Year folks! It’s the first Control and Compound update episode of 2023, Darren and Christina look back on a great 2022 and then forecast the upcoming year and what we should expect to see with interest rates, the stock market, housing market, and of course the insurance industry at large. The team at Control and Compound is pumped for a huge year and we have some great podcasts coming out soon so be sure to check back soon!
Show notes:
00:00 - Introduction
00:55 - Interest Rates for 2023
5:30 - Stock markets in 2023
6:24 - Housing market in 2023
9:45 - Industry news
12:25 - Control and Compound updates
16:30 - Podcast updates
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Merry Christmas Everyone! On this episode, Darren and Christina break down the steps you’ll need to take so you can get approved for an infinite banking policy and start taking control of your money now! Tune in and let’s get started.
Show notes:
00:00 - Introduction
1:18 - Finding out if infinite banking is for you
2:20 - Life insurance application break down
9:40 - Steps you need to take if you have a potential health issue
13:25 - Finalizing the policy and making it active
15:50 - Other options if someone gets rated and loses coverage
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In this episode, Darren and Christina break down how the modern day bank makes money using your money. It’s quite the business model and the best part is, Darren and Christina tell you, the listener, how you can use the same strategies and be your OWN bank!
Tune in now, you don’t want to miss this one.
Show notes:
00:00 - Introduction
00:45 - Origins of modern day bank
3:30 - The 3 wants that banks have
8:32 - How do banks make their money?
12:15 - How to be your OWN bank
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On this weeks’ episode, Darren and Christina are back with part 2 of answering your most frequently asked questions! We have compiled questions 11-20 from Instagram, TikTok, and YouTube and address them all. Enjoy!
Show notes:
00:00 - Introduction
00:53 - How come everyone isn’t getting an infinite banking policy? Shouldn’t it be more popular?
2:25 - How many infinite banking policies can I own?
4:00 - How do I take out a loan on my infinite banking policy?
5:20 - Are infinite banking policy loans taxable?
6:55 - What are the interest rates on these loans and are they fixed?
9:05 - Do loans affect growth of cash value inside policy?
10:00 - Can I use the infinite banking policy to pay off my mortgage?
12:47 - Does it make sense to make deposits with funds from an RRSP?
15:30 - Can I set up an infinite banking policy inside my corporation?
17:18 - Can I use an infinite banking policy as an asset class?
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On today’s episode, Darren sits down with Alfonso Cuadra, the Godfather of Real Estate to discuss his journey into the multi unit and multi family business with properties in Canada and the United States. Alfonso talks about his background, how he survived two wars before coming to Canada as a refugee and starting his entrepreneurial journey into real estate.
Alfonso also chats about why he thinks real estate is one of the best wealth building assets, what you should look for when hiring team members, as well as the key fundamentals and what to look for when purchasing new properties. Tune in now!
Show notes:
00:00 - Introduction to Alfonso Cuadra
9:45 - Why is real estate one of the best wealth building assets?
15:10 - How did Alfonso scale his business?
20:35 - How have the high interest rates affected Alfonso’s business
23:30 - What qualities should you look for when hiring members for your team
26:00 - What are some of the key fundamentals you look for when purchasing multi-family properties?
31:10 - New build vs. old build
33:55 - What keeps Alfonso motivated?
40:15 - What is wealthgenius.ai and how is it helping others learn how to create their own wealth?
44:20 - The Cuadra Youth Foundation
49:25 - Alfonso’s advice for people wanting to get into the real estate business
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YOUTUBE: https://www.youtube.com/@alfonso2k8
WEBSITE: http://alfonsocuadra.ca/
On today’s December update episode, Darren and Christina chat about the current state of the stock market, a big announcement from Bank of Canada on the 8th, the FTX scandal and the current fallout, as well as a new real estate app for Ontario and client portal reviews for Manulife and Equitable. Tune in now!
Show notes:
00:00 - Introduction
00:35 - Stock market update
1:20 - Bank of Canada announcement on December 8th
2:05 - FTX scandal | What does this mean for Bitcoin?
5:10 - Current state of Canadian dollar
7:35 - Real estate update
9:00 - New real estate app for Ontario
11:15 - Manulife and Equitable client portal review
15:00 - Control and Compound Financial update
16:40 - Podcast episodes you missed out on
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On this episode, Darren and Christina take a deep dive into what it means to compound your money and why it’s so important to understand the concept. Darren uses the ‘Double The Penny’ example to show how impactful compounding your money can be even if you start with a small amount of cash.
The two then break down how compounding your money is affected by the 3 wealth destroyers. It will surprise you to see how much money you miss out on when these wealth destroyers are in play. Tune in now and find out what you can do to maximize the money you have.
Show notes:
00:00 - Introduction
1:00 - Double the penny exercise
5:20 - How the wealth destroyers greatly impact compounding interest
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On today’s episode, Darren and Christina sit down with Jesse Berger to do a deep dive on bitcoin and the cryptocurrency market as a whole. Jesse is the other of Magic Internet Money: A Book About Bitcoin, and the title really says it all. If you’ve been trying to learn more about bitcoin and whether or not it’s the right investment/currency for you, check out this episode and of course check out Jesse’s book. Once you see the light, there’s no turning back!
Show notes:
00:00 - Introduction
1:35 - Jesse’s background and how he became a bitcoin specialist
5:35 - What is money?
7:40 - What is bitcoin?
9:40 - What makes bitcoin better than other cryptocurrencies?
14:55 - How does bitcoin mining work?
18:20 - Is bitcoin mining energy inefficient?
22:20 - What will miners do after all bitcoin is mined?
23:10 - Who should acquire bitcoin and why?
26:15 - Long term worries on bitcoin taxation in Canada
30:20 - How does bitcoin transfer at death work (estate planning)?
34:30 - Do you pay capital gains tax on bitcoin transfer at death?
38:20 - What does Jesse say to the naysayers of bitcoin
42:00 - Where does Jesse see bitcoin going over the next 15-20 years
47:25 - How do I get my start in bitcoin?
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On this week's episode, Darren and Christina are answering your most frequently asked questions! We have compiled the top ten questions from Instagram, TikTok, and YouTube and address them all. Enjoy!
Show notes:
00:00 - Introduction
00:57 - What is infinite banking?
2:05 - How do I create an infinite banking policy?
3:25 - What kind of life insurance do I use for an infinite banking policy?
4:05 - How does the cash value policy grow?
5:30 - Should I build my policy for future deposits?
7:45 - What if I don’t need life insurance?
10:40 - What if I'm uninsurable?
12:30 - Is infinite banking only for wealthy people?
14:20 - What’s the minimum amount of money I need for a policy?
15:50 - Is infinite banking a scam?
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On today’s episode, Darren and Christina break down inflation and how we’ve found ourselves in this position with inflation still on the rise. The two also chat about stagflation, how you can measure your real inflation and what we can do to fight back against it.
Show notes:
00:00 - Introduction
00:45 - What is inflation and why are we here?
4:10 - Are we experiencing inflation or stagflation?
5:25 - Real Inflation vs. fake inflation
9:30 - Measuring your real inflation
12:45 - How has inflation affected the real estate industry?
14:20 - What is lifestyle inflation?
20:50 - Is inflation going to go down soon?
23:55 - How can we fight back against inflation?
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On this month’s C&C update, Darren and Christina cover the recent interest rate hike, the struggling Canadian Dollar, the current outlook of the real estate market, as well as some exciting news for upcoming episodes!
Show Notes:
00:00 - Introduction
00:30 - Interest rates up by 50 basis points
1:30 - Inflation is down slightly
2:30 - The Canadian Dollar is down
3:55 - Volatility in the stock market
4:50 - Bitcoin still down
5:20 - Real estate market update
7:45 - C&C podcast update
8:50 - C&C Contest
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On today’s episode, Darren and Christina are debunking all the RRSP myths that you’ve been told over the years including how a lot of people think they’re getting a tax deduction when they put money into an RRSP, but in reality they are tax deferrals, not deductions.
At retirement, there’s two things you can do with your money, spend it or give it away. Do your spending plan and estate plan NOW. Don’t wait until retirement. You simply can’t leave your money in an RRSP if you want to be able to take advantage of the deal of a lifetime
Show Notes:
00:00 - Introduction
1:05 - Busting the TAX myth
3:40 - Busting the myth that the whole strategy is you’ll be in a lower tax bracket when you take it out
6:10 - Taking money out of the RRSP and what that looks like when you want to start spending
12:20 - You’ve named your kids as beneficiaries so the payout will go straight to them, not true! You will still pay the taxes out on those payments
16:20 - Not having control of your money outside of RRSP, you don’t have access to it until you retire
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On this week’s episode, Darren and Christina break down the advantages business owners have when incorporating the use of the health care spending account. Unlike group insurance, this type of account has many different benefits and the two go through the different ways you can take advantage if you’re a business owner.
00:00 - Introduction
00:17 - How do we fit health care spending account in overall plan
4:25 - Is it possible for employees to set up their own plan | Breaking down insurance by class
7:05 - Advantages of the Health care spending account vs. Group Insurance
13:10 - The right type of company you need to be to take advantage of this type of account
16:35 - Additional benefits from the account
19:10 - Private medical benefits
20:50 - Being as efficient as possible | Wrap up
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We’ve talked a lot about what the infinite banking strategy can do for you when you’re taking advantage of opportunities before retirement but on today’s episode, Darren and Christina are breaking down a strategy that comes into play in retirement: the death benefit.
Rarely a main focus, the death benefit will give you a permission slip to spend your own money in retirement. Darren and Christina use an example of two brothers who both have $1,000,000 saved for retirement where one has an expired term insurance policy and the other has a death benefit. You’ll be amazed at the difference a death benefit can provide! Tune in now to find out.
00:00 - Introduction
2:20 - Breakdown of retirement spending, one brother with expired term insurance and the other with $1,000,000 death benefit at 35% tax rate
7:15 - Same example at tax rate of 50%
9:55 - Same example but if interest earned drops 2%
13:48 - Wrap up
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On today’s episode, Darren and Christina debunk the infamous Dave Ramsey video on YouTube where he tells a caller on his show why infinite banking is a scam and why this caller should stay away from this type of policy.
Point by point, Darren and Christina dissect where Dave goes wrong in his video and although he is coming from a perspective of being in the United States, as opposed to Canada, much of what he’s staying/misleading still applies in Canada. Tune in now and find out why Dave is wrong!
Show notes:
00:00 - Introduction
2:16 - A caller on Dave Ramsey’s show asks Dave about Infinite Banking
4:52 - Dave tries to tell the caller that he’s being overcharged by the policy
12:05 - Dave thinks infinite banking is “old school whole life” done poorly and thinks they pay out nothing at death
20:20 - Dave thinks the dividend payment is the “refund of a deliberate overcharge”
23:53 - Dave thinks that since these policies cost more than others, it’s a ripoff/scam
27:11 - Dave says the only reason these policies exist is for the commission the agent makes selling it
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On today’s episode, Darren and Christina show you how you can double your retirement income and at the same time reduce your retirement risk! Believe it or not, there’s a way you can do this and if you’re wondering why you’ve never heard of this concept before, it’s because the banks don’t want you to know!
Darren and Christina break down what a hypothetical retirement savings plan with look like if it is subject to the volatility of the market and then show you the MASSIVE change in the outcome if you add an uncorrelated asset to the equation.
This is incredible stuff and if you’re interested in learning more, visit our website and speak to a wealth coach now!
Show notes:
00:00 - Introduction
1:32 - Volatility in the market
5:10 - Breaking down retirement projections based on Stock Market/S&P 500
10:45 - Using an uncorrelated asset
14:30 - Benefits of infinite banking used to increase retirement savings
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On today’s episode, Darren and Christina are coming at you with the October Update and go over a few topics including a quick look at the Stock Market and if Canada is headed to a bear market, another interest rate hike, Bitcoin continues to suffer, housing prices are down across Canada and finally, Control and Compound welcomes Jill to the team!
Show notes:
00:00 - Introduction
0:20 - Stock Market Update (Bear Market)
2:05 - Interest Rates and Inflation
4:45 - Bitcoin Update
5:10 - House Prices
8:05 - Industry News
11:05 - C&C Update - Welcome Jill!
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On this week’s episode, Darren and Christina talk about how much life insurance one needs and whether or not you have the right coverage. Christina goes through a needs analysis and also covers the things you want to have covered as well.
Christina also breaks down what Human Life Value means and how it relates to exactly how you’ll be covered when you purchase the proper life insurance and Darren talks about term insurance and making sure you have insurance with a company that offers a conversion option
Tune in now to find out if you have the right coverage!
Show notes:
00:00 - Introduction
00:30 - What is a needs analysis?
5:35 - Defining Human Life Value
8:15 - Filling the gap with the proper Term Insurance
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On this week’s episode, Darren and Christina breakdown disability insurance and why it’s so important to not overlook this type of insurance. Everyone has insurance on their house, their car, their boat etc. but a lot of people don’t insure their most important asset, yourself and your earning potential.
Prior to age 65, you have a 1 in 3 chance that you’ll be disabled for at least 90 days. It’s incredibly important to get the proper disability insurance for your income.
Darren and Christina go through the different products available on the market, group plans vs. personal plans, plans available depending on employer, and the steps you need to take to make sure you have the best disability insurance available to you given your personal situation.
Show notes:
00:00 - Introduction
1:15 - Importance of Disability Insurance
3:25 - Breakdown of Group Disability Plan
10:00 - Breakdown of Personal Disability Plan
12:00 - Group Vs. Personal
17:07 - Breakdown of Insurance Riders
22:05 - How are these plans taxed?
23:00 - How much do these plans cost?
26:50 - What you should be doing with your disability insurance
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On this week’s episode, Darren is joined by Mandy Branham, the joint venture Queen. The two chat about how Mandy got her start in real estate investing and specifically joint ventures, how a joint venture works and what a typical deal looks like, what makes a great team, the different variables that go into deciding what areas to invest in, and finish off with Mandy’s advice for people looking to potentially get into real estate investing. Tune in now!
Show notes:
00:00 - Introduction to Mandy Branham
2:35 - When did Mandy buy her first property and how did she get started
7:00 - Definition of a joint venture and how they work
18:20 - What goes into making a great team
25:05 - What does a typical joint venture deal look like?
36:35 - How Mandy determines which area/market she’s going to invest in
39:25 - How did Covid and increase in prices affect your business
49:04 - Advice for potential real estate investors
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Two episodes in one week! Darren and Christina chat about the best places to save your money and also chat about where most people are currently saving their money and why they’re at a disadvantage if they’re not taking advantage of an infinite banking policy. Darren also breaks down an unstructured loan and why they’re one of his favourite components of a policy.
Show notes:
00:00 - Introduction
1:08 - Where are most Canadians saving their money?
4:55 - Ideal places to save money
6:40 - Characteristics of the best places to save your money
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Darren and Christina are back for the September update! This month’s update covers whether we’ll see another interest rate hike, will inflation continue to rise, big news with Manulife, and a look towards this month’s episodes which you won’t want to miss!
Show notes:
00:24 - Will we see another interest rate hike?
1:20 - Which way is inflation headed?
2:34 - Big news out of Manulife
4:35 - Update within Control and Compound
7:26 - Control and Compound is hiring!
9:50 - A look back at previous episodes
11:09 - A preview of this month’s episodes
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In the US economy this year, they had two quarters of negative growth meaning a recession is most likely coming to Canada. When the US sneezes, Canada catches a cold and it’s times like these where you can prepare yourself to take advantage of a down economy.
Warren Buffet is quoted as saying, “everytime we’ve had a recession, we’ve had a recovery”, and this time will surely be no different. You can either worry about what might happen or act now to find yourself in a better position than you were before the recession.
Using the infinite banking concept will give you access to cash and allow you to make moves during the down economy. Tune in now to find out how!
Show notes:
- Preparing for the incoming recession
- The parallels between the 2008 financial crisis and our current economy
- The best place to have your money to take advantage of this opportunity
- Hard assets and hard people
- Looking at market trends throughout history
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On this week’s episode, Darren and Christina chat about how much money can people put into their infinite banking policies including is there limits to how much you can put in, how you get approved through the underwriting process, and how the policies work depending on how much money you put into them. Tune in now!
Show notes:
- Defining the underwriting process and how it works
- What do the policies look like depending on your income and how much you plan on putting into the policy
- How does the death benefit play into the policy
- Having multiple policies and how that works
- Setting up policies for your children
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On today’s episode, Darren and Christina tackle the topic that’s been on pretty much everyone's mind the past few months: INFLATION! The two discuss exactly what factors cause inflation and what that looks like here in Canada currently. They also look at the current state of the economy in Canada and how there are still ways to take advantage of this situation using the infinite banking concept. Tune in now!
Show notes:
- Defining Inflation
- Why is this happening in Canada as well as all over the world
- How can we combat inflation
- Using infinite banking during these uncertain times to capitalize on the market
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On today’s episode, Darren sits down with Simeon Papailias, co-founder of the REC Canada team which is a full service real estate sales and consulting brokerage. The two chat about how Simeon made his way into the world of real estate investment from a background of running restaurants with his family, some of the projects he’s been working on lately, as well as the lessons he has learned from experience in the real estate investment world.
Show notes:
- Simeon’s background from restaurant running to real estate investment mogul
- REC Canada and what they do
- Pre-construction 101
- How to buy a property as an investor
- Why Simeon believes education is so important when it comes to real estate investing
- How REC Canada reaches its target audience
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On today’s August Update, Darren and Christina chat about the recent news about development charges in Toronto, the rule changes to HELOCs, take a look at the current trends in the stock market, real estate market, and Bitcoin, and also preview upcoming episodes.
Show notes:
- Toronto developer chargers increasing by 46%
- New rules changes to HELOCs
- The markets are down
- Preview of upcoming episodes
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On today’s episode, Darren and Christina sit down with the wonderful Holly Jespersen. Holly is known for her creation Holly’s Homes which is a business that rents out Airbnb’s to families who have sick children and need a place to stay that is close to their local hospital.
Holly uses Airbnb rental arbitrage for Holly’s Homes meaning her business doesn’t own the properties, they rent them and then in turn rent them out as short term rentals and manage the properties accordingly.
Holly started the business about 3 years ago and it has already made a huge impact on families in Canada taking away the stress that comes with long hours traveling back and forth.
This is an incredible story and you don’t wanna miss out!
#airbnb #hollyshomes #realestate
Show notes:
- How Holly got started in real estate investing
- What led Holly to creating Holly’s Homes
- How Holly uses Airbnb rental arbitrage to run her business
- How other real estate investors can get involved
- The impact of Holly’s Homes on families with sick kids
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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On today's episode, Darren and Christina discuss how real estate investors can use infinite banking concept to their advantage. They chat about how many jobs your dollar will be doing for you, how to access your money using IBC to capitalize on a real estate opportunity, eliminating some of your term insurance using this concept, and how when using this concept, loans do not affect borrowing capacity. Tune in to learn all about it!
Show notes:
- The 16 jobs your dollar should do as a real estate investor using IBC
- How to access money using IBC to take advantage of opportunities
- Acquiring a loan with no borrowing capacity
#realestate #infinitebanking #insurance
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
On today's episode of C&C, Darren sits down with Real Estate Investment Coach, Paul D'Abruzzo. Paul is part of the Rock Star Real Estate team and has a fantastic story that he shares on the episode. From starting as a firefighter, to dipping his toes into real estate, and then finally becoming a full time investor and coach, Paul has a lot of wisdom about how to get started in this industry, what opportunities are out there to take advantage of, and finally some of the do's and don'ts of real estate investing.
Show notes:
-
Paul's backstory
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The types of opportunities Paul and his team take advantage of
-
Tips for people who are just getting started in the industry
-
How Paul and his team help you through the process of purchasing properties
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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On today's monthly update episode, Darren and Christina discuss the exciting news about Manulife's new dividend rate and also chat about previous and upcoming podcast episodes with some exciting guests coming up in the near future! Finally, Control and Compound is joining HubSpot so we can deliver the best content possible to our listeners.
Show Notes:
-
Manulife announces new dividend rate
-
Discussing topics covered on past episodes
-
Preview of new episodes coming up
-
Control and Compound joins HubSpot
#dividends #inflation #interestrates
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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On this week's episode, Darren and Christina go back to the basics and break down what exactly is infinite banking concept (IBC) and how you can use it to your advantage and enjoy uninterrupted compounding of your wealth. The two discuss the strategies they use as well as the wealth destroyers that infinite banking helps you avoid!
Show notes:
-
What is IBC?
-
How can I use IBC to control and compound my wealth?
-
Interrupted vs. uninterrupted compounding
-
What are the wealth destroyers and how to avoid them
-
Purchasing the participating whole life policy
-
How to use this policy properly
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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On today’s episode, Darren is joined by Nick Karadza, one half of Rock Star Real Estate with his brother, Tom. Darren and Nick have a great conversation that covers everything from how Nick and his brother started Rock Star, where they came up with the name, what type of investing Nick does, and why it’s so important to have a great team around you. Tune in now!
Topics covered:
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Origin of Rock Star name
-
Investing in real estate to create opportunities in your life
-
Long Term Investing and how it differs from short term
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Why the right time to invest is now
-
How to nurture your team and help them grow into experts in their field
-
Bitcoin and investing in crypto
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
FIND US ON:
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Starting this month, Control and Compound will be doing an update episode with Darren and Christina chatting about what's been going on in the Control and Compound world for the last month. On today's June update, the two talk about:
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Insurance companies have announced new dividend rates, what does this mean for the infinite banking concept?
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Current outlook of the stock market, there are a lot of unknowns and we could be in store for some volatility
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Darren and Christina's thoughts on the real estate market
-
Bitcoin as well as all other crypto is down but that doesn't necessarily mean it's not a good place to park your money
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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On today’s episode, Darren is joined by David Fraser, Founder of Bunkie Life, who are known for their famous log cabin bunkie (bunkhouse) kits that can be easily built in a weekend without a permit or a second mortgage. Darren and David chat about how David started the company, some of the challenges he has faced along the way, how David uses the infinite banking concept to assist his business and take advantage of other opportunities, as well as some of the charitable acts that David and his business are involved in. This is a fantastic episode, tune in now!
Show notes:
- How David started Bunkie Life and what type of products does Bunkie Life offer
- The types of way David uses the infinite banking concept for his business and family
- Advice from David to other entrepreneurs on how to get started and create a successful business
- What it takes to run a successful business
- David’s experience on presenting Bunkie Life on Dragons Den
- Bunkie Life’s partnership with Ronald McDonald House
#bunkielife #entrepreneurship #infinitebanking
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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FIND BUNKIE LIFE ON:
WEBSITE: https://bunkielife.com/
On this episode, host Darren and Christina chat about the differences between mortgage insurance and term insurance and why they suggest taking the term insurance, even if your bank makes it seem like it’s not an option.
Topics covered in this episode include:
- Who benefits in the event of a death: mortgage insurance vs. term insurance
- What happens if you switch mortgage insurance providers?
- What can you purchase with term insurance vs. mortgage insurance?
- Cost of Term Insurance vs. Mortgage Insurance
- Term 10 vs. Term 20
- Renewable vs. Convertible: When is the appropriate time for both
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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On today’s episode, Darren and Christina discuss setting up policies for your children and why it’s so important to set these policies up as soon as possible. Teaching your kids about infinite banking and getting them excited about the concept can set them on a path for success where they will get to experience financial freedom when they are of age.
Topics covered in this episode include:
- The right age to set up the policies
- What happens if your child has a condition or is uninsurable
- Can you set up policies for your grandchildren
- Difference between policies for adults and policies for children
- What can your children use these policies for
- Why it’s so important to set up these policies as soon as possible
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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In the first episode of Control and Compound, host Darren and guest host Christina discuss the beginnings of Control and Compound Financial and do a deep dive into how the wealthy manage their money. 99.9% of people do not know these methods and because of that, the majority of the middle class is missing out!
Topics covered in this episode include:
- Infinite banking
- Cash value life insurance policies
- The main 3 strategies the wealthy use:
-
- Invest in yourself
- Invest in businesses
- Invest in real estate
- Wealth destroyers:
-
- Taxes
- Fees
- Volatility in the market
- How to take advantage of opportunities in the market without interrupting compounding interest on your money
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/
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Welcome to Control and Compound with Darren Mitchell, a podcast about infinite banking, real estate investing, and what business owners and individuals should be doing with their money. For helpful tips and tricks, visit our Instagram, Facebook, and TikTok at @controlandcompound. Episodes release every Monday.