Enough Bull

Enough Bull

How to Retire Well Without the Stock Market, Mutual Funds, or Even An Investment Advisor

Book - 2009
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The one book your bank REALLY does not want you to read.

More than ever before, Canadians are frightened and stressed out about their retirement and financial future. With the mortgage, car payments and credit card bills, there never seems to be enough to pay the current bills let alone save thousands in RRSPs. At the same time, the large financial institutions are bombarding us with fearful messages of destitution unless we maximize our RRSP contributions.

The stock market crash of 2008 has proven one thing: traditional retirement planning advice simply doesn't work. The risks are too enormous. Throwing money into RRSPs and trusting the stock market is like gambling with your family's future. But how do you plan for retirement without risking everything? In Enough Bull , David Trahair explains:

How to invest only in 100% safe investments that will never decline How to get out of mutual funds and the stock market - forever The "Tax Turbo-Charged RRSP strategy" - why you should wait until you are over 50 to start your RRSP Exactly what age to elect to receive the CPP pension How to avoid the scams that lead to personal financial disaster

Easy to understand and simple to apply, Enough Bull shows Canadians how to avoid all the traps and why doing the exact opposite of what they have been told will leave them much further ahead.


Publisher: Mississauga, Ont. : J. Wiley & Sons Canada, c2009.
ISBN: 9780470161272
Characteristics: xi, 196 p. ;,23 cm.


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Mar 15, 2016

This book is written for an audience with minimal investment knowledge. I don't agree with his recommendation to avoid all equities and mutual funds and invest in GIC's. Even in the few years since he wrote this book GIC rates have gotten so low that they are hardly worth investing in at all.

Jun 22, 2015

This book is as guilty of the crime of misleading investors as it claims others are. Pointing out high profile cases of people losing money in mutual funds or stocks is no different than reporting on food production problems and then telling everyone to never step foot in a grocery store again, but dig up your lawn and grow your own food. An interesting notion that may appeal to some but prove impractical to most. It assumes everyone in the financial services industry is out to cheat and mislead the public. His comments about insurance and mutual funds are particularly misleading. Also missing are the significant risks those who 'go it alone' poise to themselves. Can anyone say "day-trader" ? Unless the author is donating all proceeds to an investors' protection plan (he's not), he's making a profit on self serving, incomplete and potentially dangerous financial advise. He plays to the very fears of seniors and people about to retire, when they need help the most.

Jun 02, 2015

Although the author makes several valid points, and has a helpful section on CPP withdrawal strategies, I found the information very dated. For example his indicated rates for GICs were based on 2009 quotes, and as you know rates are now at historic lows. GICs don't even keep pace with inflation now, so a balanced, diversified, liquid portfolio that includes some Laddered Bonds ETFs (CBO), some Laddered Preferred ETFs (ZPR), and even some US market Preferred ETFs ( PFF:US) would be a better choice for a conservative investor who needs stable cash flow. Many of the books by Gordon Pape do a better job.

May 30, 2015

Finally a book that gives good advice, and is based on the world today, with interest rates below the navel and super scam artists out on the make - including our biggest money enemy, the banks. People don't realize banks are out to make money for themselves, not you, and have a plethora of schemes and charges to bilk you out of hard earned cash.

May 24, 2014

Basically advocates putting all of your money into GICs. If you have absolutely no risk tolerance whatsoever, this book is for you.

May 01, 2010

If the subject matter was any more simplified this book would be a comic book

Mar 04, 2010

Very insightful.

Dec 15, 2009

Canadian chartered accountant dispensing investment advice to the conservative investor. Much of the information is common sense and what your parents should have taught you but it's always nice to get a refresher. David Trahair has an interactive spreadsheet on his website you can use to calculate retirement income. The book includes many Canadian references and contact information (ie. which financial institutions are covered by CDIC and how you can determine the amount you'll receive from your CPP/OAS pension).

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