Miss Findependent – Détails, épisodes et analyse

Hi everyone, It's Nika Farb, and Katie Karlos. Welcome to the Miss Findependent Podcast. 

We're passionate about helping women become financially literate and independent. Our aim is to help our listeners build the toolkit to be more confident investors, entrepreneurs or go further in their careers.

Women have never been more empowered than we are today. We’ve made tremendous strides over the last century by becoming more educated and participating more and more in the workforce, but we are still lagging in one key area: financial literacy. 

A study by Stanford University showed that in the US women on average, are expected to live 5 years longer than men, but accumulate over $100,000 less wealth. Women are less confident than men in making many financial decisions. 

Confidence stems from knowledge. Throughout our next series of podcasts we're going to host a wide variety of guests successful in various domains. 
 
Nika is a seasoned entrepreneur and sales professional and has experience in building her own business. She'll be leading conversations on how to start a business and various business models today. 

Katie is a professional accountant and will help our listeners prepare for tax season and financial planning.

Stay tuned!

In this episode we share some of our tips on how to make money conversations feel a lot easier and less awkward.
We guide you on how to approach these tough conversations around money with your parents and significant others.
In addition, we provide our advice when it comes to having conversations about retirement, spending and saving, debt and financial management. 

Once again we see how powerful social media is in our modern day. A retail investor posted about how the stock was undervalued on a public forum, WallStBets, and brought to light GameStop (GME) was shorted at 120% of the available shares by hedge funds. 4 Million people follow this forum. Retail investors, and FOMO investors bought the stock, the stock price shot up. Listen to hear what happens next. 

2:20 - What is Shorting?
8:00 - How did GME blow up?
11:20 - What is a Short Squeeze?
15:04 - Free Markets
15:52 - Correction - The Stock was shorted 120% of the available shares, not 120x
17:33 - Importance of Long Term Investing
23:00 - What Happened with Melvin Capital

In this weeks episode we talk all things real estate investing with Severina Lutaj, investment banker and real estate development guru. She's managed portfolios of hundreds of commercial and residential tenancies and has in-depth knowledge of construction/maintenance as well as experience building out property management operations & processes. Her strong finance background and diverse real estate experience has led her to having unique, first-hand experience with investment properties and learning how to get on the property ladder.

Here's what we get into:

3:45 - How to Deal with Imposter Syndrome
11:30 - Where Do I Start with Buying Property?
12:19 - What to Look for in an Investment Property?
19:45 - How Do I Research Real Estate?
57:22 - Stock Market vs. Real Estate Investing

Stop thinking "If only I'd invested in Tesla 10 years ago I'd be a millionaire". Instead, switch to a forward thinking mindset. Ask yourself, 10 years from now, what do I wish I would've invested in, in 2021. 

There's opportunity everywhere, you just need to be open to it, and learn how to spot long term trends to see it.

Timeline: 
2:45 - FSDs (Full Self-Driving Cars)
10:12 - Satellite Internet
16:36 - E-Commerce
25:23 - The Future of Retail
33:17 - Alternative Medicines
46:50 - Telehealth
50:37 - Aging Population
53:16 - The War on Cash

We dive deep into the 5 actively managed ARK ETFs and give our opinions on ETFs as a whole.
In addition, we give our suggestions on the best investing practices for different types of investors.

In this episode we take the driest topic of them all.... taxes... and try to hydrate it a bit. While listening to this one, we encourage you to channel your inner cactus. Why a cactus? Because they retain water for weeks, and you're about to retain some #Knowledge

An RRSP is a Registered Retirement Savings Plan. It's an investment account that you use to build wealth for retirement. There's no minimum age to create one, you can create one as long as you are legally eligible to work. The maximum age to open an RRSP is 71.

Timeline
4:34 - What is an RRSP and how does it work?
9:45 - Contribution room and how to calculate it
13:26 - Self-directed RRSPs 
12:40 - Employer matching
17:19 - What happens when you over-contribute?
18:58 - Withdrawals from your RRSP
23:30 - First Time Home Buyers Program (HBP)

In this episode we dive into: 

3:45 - Do you need to file a tax return if you didn't earn an income
4:52 - Work from home claim for 2020
11:50 - Transferring assets into your TFSA in lieu of cash
15:11 - Tax loss harvesting (using capital loses to offset capital gains)
21:00 - Tax implications of buying/selling crypto

This episode is for educational purposes only and is not to be taken as advise. 

Ryan Kia has an incredible story. He's been investing in the financial markets since the age of 11. Currently, he works as the "Head Of Finance" for "KWG Global", a research consultancy in the field of academia. He also co-founded "Quantium Research Limited" (https://www.quantiumresearch.co.uk/), a company that produces articles, videos, podcasts, and weekly reports for investors (via their newly-released QR+ package).

Episode Details:
2:00 - What is Quantium Research?
6:35 - How to learn from failures
16:37 - WTF are NFTs?
28:13 - The CSI 300
30:37 - FAANG vs. BAT
39:39 - Volatility Indicators