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Explore every episode of the podcast Control and Compound with Darren Mitchell

Dive into the complete episode list for Control and Compound with Darren Mitchell. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.

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1–50 of 189

TitlePub. DateDuration
The Truth About Group Insurance: High-Cost Drugs, Tax Benefits & What Employers Need to Know08 May 202500:26:59

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

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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What is Infinite Banking? | The Strategy the Wealthy Use to MAXIMIZE Their Returns05 May 202500:29:03

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL

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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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Canadians are Facing Unprecedented Economic Uncertainty | Why Right Now is the BEST Time for the Infinite Banking Concept 17 Mar 202500:40:51

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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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The Dirty Little Secrets of the Canadian Pension Plan PART 2 | AVOID the Old Age Security Clawback with THESE Strategies09 Oct 202300:34:36

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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Finding the Perfect Contractor for Your Investment Property Renovations ft. Mark Yataco05 Oct 202300:40:17

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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Bank of Canada Interest Rates | Real Estate in Canada | October Update02 Oct 202300:23:40

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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We Attended the Real Estate Investor’s Summit with Mike Holmes, Michele Romanow, and Barbara Corcoran | Here’s What We Learned25 Sep 202300:30:11

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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TFSA VS. Whole Life Policy | Or Asset Vs. And Asset | TFSA Limitations | How To Avoid Wealth Destroyers18 Sep 202300:27:23

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?

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How Does Infinite Banking Work? | Owning Multiple Policies | Breaking Down Nelson Nash’s Book | PART 311 Sep 202300:19:50

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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What is a Real Estate Investment Trust? | How Do REITs Get Taxed?07 Sep 202300:35:16

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.ca

 

Recession Looming In Canada | Infinity Mortgages?!04 Sep 202300:21:07

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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Bitcoin 101: Breaking Down the Blockchain | What is a Bitcoin Miner?28 Aug 202300:26:59

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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Does Infinite Banking Work in Canada? What YOU Need to Know | HUGE Tax Benefits21 Aug 202300:17:33

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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GUARANTEE Your Child Will Become a Millionaire with THIS Financial Strategy!10 Mar 202500:18:56

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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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How to Start a Real Estate Portfolio | The Power of Networking14 Aug 202300:38:02

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

 

So You Wanna Become Your Own Banker? | Solving The Human Problems | PART 207 Aug 202300:22:14

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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Are Canadians Getting Priced Out Of Their Own Country? | August Update31 Jul 202300:22:44

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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Becoming Your Own Banker | REVIEWING R. Nelson Nash’s Book That Started It All | PART 124 Jul 202300:26:20

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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The History of Money | What is Bitcoin and Should YOU Be Using It? | PART 117 Jul 202300:32:44

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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Home Equity Line of Credit (HELOC) Vs. Infinite Banking Policy Loan | Know the FACTS10 Jul 202300:30:33

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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The Blueprint to Real Estate Investing With Other People’s Money | Investors Mel & Dave06 Jul 202300:24:17

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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The New Carbon Taxes are HERE | Interest Rates Up Again | July Update03 Jul 202300:25:24

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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Here’s What ALL Real Estate Investors Need to Know | Breaking Down the MLI Select Program26 Jun 202300:33:43

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

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Finding the RIGHT People for the RIGHT Job | Book Review: Who Not How19 Jun 202300:26:37

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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Behind the Scenes of Real Estate Land Development: The Deals, Risks & Big Wins with Carina Guzmán06 Mar 202500:37:53

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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/

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The Importance of Beneficiaries | Have You Planned Ahead?12 Jun 202300:18:15

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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Financial Literacy for Business Owners | Spend and Save Your Money the RIGHT Way08 Jun 202300:25:42

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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Infinite Banking Just Got EVEN BETTER | Opportunities in Multi-Unit Industry | June Update05 Jun 202300:28:43

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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The DOWNSIDES of Infinite Banking29 May 202300:33:25

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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Canada Life Announces ONE OF A KIND New Charitable Giving Product22 May 202300:18:10

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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1 Year of the Control and Compound Podcast | Infinite Banking15 May 202300:27:29

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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FAQ On Dividends | Participating Whole Life Policies | Infinite Banking Breakdown08 May 202300:26:09

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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Debunking MYTHS Surrounding Infinite Banking Concept04 May 202300:32:42

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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Real Estate Investing Opportunities in Alberta | Integrate AI Into Your Business Model Before It’s Too Late!01 May 202300:21:56

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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Uncovering the benefits of Critical Illness Insurance & Why You Need This Type of Coverage24 Apr 202300:36:28

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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Trump’s Continued Tariffs Threats Forces Canada to Look Inward | Provincial Trade Barriers and the Canadian Dollar03 Mar 202500:33:28

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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

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Expert Kyle Ford Reveals the Ins and Outs of Private Lending: Tips and Strategies for Successful Investing17 Apr 202300:52:06

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/

 

Can You Use Corporate Dollars For An Infinite Banking Policy? | Calling All Business Owners!10 Apr 202300:31:46

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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Are the Banks Collapsing? What Does This Mean For Infinite Banking Policies?06 Apr 202300:29:26

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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2023 Canadian Federal Budget Breakdown: What YOU Need to Know03 Apr 202300:20:18

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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The Dirty Little Secrets of the Canada Pension Plan | CPP vs. Old Age Security27 Mar 202300:32:57

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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Universal Life Vs. Participating Whole Life: What YOU Should Be Using for Infinite Banking20 Mar 202300:31:47

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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Real Estate Investing in Canada: Navigating Tax Laws and Regulations for Maximum Profit with Cherry Chan13 Mar 202300:49:31

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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YOUTUBE: https://www.youtube.com/@RealEstateTaxTips

WEBSITE: https://realestatetaxtips.ca/

Unlocking the Power of Joint Venture Deals: How to Build Successful Partnerships and Boost Your Business Growth09 Mar 202300:27:28

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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Is A Housing Collapse Imminent?! | Are You Prepared for the Recession?06 Mar 202300:18:19

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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RESP vs. Infinite Banking Policy | The Difference Is Mind-Blowing!27 Feb 202300:40:07

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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BEYOND Infinite Banking | 5 Ways YOU Can Use High Cash Value Life Insurance24 Feb 202500:20:58

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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

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Mortgages 101 | Lending Money with the Findlay Mortgage Team20 Feb 202300:44:34

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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Cover Your ASSets | Make Sure YOU Know What Insurance YOU Need13 Feb 202300:39:59

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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Flipping Houses 101 | Here’s What You NEED To Know!09 Feb 202300:23:37

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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