Bayswater Wealth Management - IPC Investment Corporation

Bayswater Wealth Management - IPC Investment Corporation Insurance products through Bayswater Life Inc. Tax services through Bayswater Tax Services Inc. Tax services available through Bayswater Tax Services Inc.

At Bayswater Wealth Management, we look at your full financial picture in order to address your your goals and aspirations. No matter how you envision your financial future,we can help you turn your dreams into reality. We don’t just help demystify the complex world of wealth management, we will help chart a course that is personalized to you and your family. Live your dream.

*Insurance products available through Bayswater Life Inc.

Once upon a time, Carl was on a rafting trip on the Salmon River in Idaho. He was with a group of experienced river guid...
07/03/2026

Once upon a time, Carl was on a rafting trip on the Salmon River in Idaho. He was with a group of experienced river guides, but it was his first time being in charge of his own boat.

He was worried.

But then his experienced friends taught him something.

When they approached a big rapid, they would stop and get out of the boats to have a look. At river level, it was impossible to see a way through. But when they took him up the river bank to a place above the river, they could see a lot more.

It was amazing how clear the path through the rapids became with a bit of perspective. Carl started wondering where else this technique might apply—how he might gain perspective on other seemingly unsolvable issues in his life.

Sometimes Carl gets perspective by going for a walk or a run. Some people practise yoga or meditate. He has a friend who just writes the things he’s worried about down on a piece of paper and sets it aside for a bit.

All these activities provide distance and space. They put you in a place where you can see more of the problem than you could at river level.

With the benefit of space, time, and perspective, the problems we worry about change. The energy around them dissipates. Our point of view shifts us from worry to options.

In other words, perspective is how we learn to see the forest for the trees.

No two people will ever have the same views about money.I don’t care if you’re married, best friends, or identical twins...
06/19/2026

No two people will ever have the same views about money.

I don’t care if you’re married, best friends, or identical twins.

My view of money doesn’t match yours, and your view doesn’t match mine.

Period.

Keep that in mind the next time you are about to launch into an argument over the AmEx bill with your spouse. Or the next time you start to judge someone for the car they drive. Or the next time… well, really, just the next time you think anything about anyone’s relationship with money at all.

Other people’s behaviour might seem ludicrous to you. Even morally reprehensible.

But that’s at least in part because they’re not you. They don’t think about money the same way you do.

In fact, nobody does.

Because when it comes to how we think about money, all of us are an N-of-1.

We'd like to think of all the material things in our lives—our physical possessions—as stuff we own.But for some things,...
06/05/2026

We'd like to think of all the material things in our lives—our physical possessions—as stuff we own.

But for some things, that may be backward.

Take your phone, for example. Are you really in charge? Do you own your phone, or does your phone own you?

Personally, sometimes I feel like my phone owns me. I do everything I can to make my smartphone dumb—disabling notifications, monitoring screen time, deleting timesucking apps and social media—and yet, over and over again, I find myself reaching for my phone completely subconsciously… as if my phone is controlling my behaviour, not the other way around.

And what about cars? Houses? Investments? That [insert clothing item here] you haven’t worn in 12 years but can’t bring yourself to get rid of? Are you really in charge of any of that?

Remember—the point of all this stuff is to make our lives better. If it’s not doing that, it’s just taking up space (or time, or energy, or money). And if that’s all it’s doing, isn’t it time to get rid of it?

There’s a reason Marie Kondo has amassed such a huge following. You’re probably nodding your head knowingly as you read this. Of course, getting rid of things is easier said than done. How do you know what to toss and what to keep?

My humble advice is simply to ask yourself this one powerful question: do I own this thing, or does it own me? And if the answer is the latter, that might be something worth getting rid of.

Or at least do whatever you can to set the record straight and remind your stuff (and yourself) who’s in charge.

Just about every month, I get pitched some cool, new investment opportunity, whether it’s my brother-in-law wanting to b...
05/22/2026

Just about every month, I get pitched some cool, new investment opportunity, whether it’s my brother-in-law wanting to buy real estate or a friend starting a legitimate business.

I used to go down these financial rabbit holes…

Weeks of my time.

Talking about it.

Researching it.

Considering it.

But one day, in an act of frustration, I paused and asked myself some pretty basic questions.

Why am I doing this? What does money mean to me?

I grabbed a Sharpie and wrote the answer on a piece of card stock: Time with my family, mainly outside, and serving in my community and my church.

Now, every time a new opportunity comes up, I don’t have to spend so much time thinking about it. I’ll just glance up at that card and ask: Can I be sure this investment opportunity gets me closer to those goals?

When I’m honest with myself, the answer is almost always, “No.”

I started calling that card my one-page plan. But you can call yours whatever you want—a statement, a touchstone, a reminder of what you said was important to you when you were thinking clearly.

Even if it’s just a sticky note on your laptop, that’s better than having no plan, and it will save you hundreds of hours each year.

Do me a favour: grab a piece of paper and a pen.Come on… no excuses. If you’re sitting there reading this, you have time...
05/08/2026

Do me a favour: grab a piece of paper and a pen.

Come on… no excuses. If you’re sitting there reading this, you have time.

Got it? Good. Now make two columns. Above the left column, write: Things I’ve Always Wanted To Do. Above the right column, jot down: Things I’ve Done.

Take a few minutes, no more than five, to populate each column.

Then put that piece of paper somewhere safe, where you’ll see it often. Your office desk, the bathroom mirror, the fridge at home.

Now pick something from the left column and do whatever it takes to get it into the right column. Some things will take years, others months. You may even find that things like “skydiving” can move from left to right in a matter of days.

For many people, the only thing preventing them from doing what they've always wanted to do is permission.

Consider this piece of paper your permission slip. Now you have no excuses. Time to make your dreams come true.

04/29/2026

When you sell your home and choose to rent, you convert 100% of your home equity into liquid, investable assets.... so let's do the math on that!

Want to learn more? Check out Episode 10 of The Canadian Retirement Roadmap! Patrick Briscoe, CFP® and Certified Executor Advisor, will walk through five strategies to put your home equity to work in retirement — with Canadian-specific tax insights including the Principal Residence Exemption, OAS clawback thresholds, and more!

📘 Request your complimentary copy of Financial Success for Pre-Retirees → https://docs.google.com/.../1FAIpQLScMBqJG9BeN0x.../viewform

👍 Don’t miss future episodes of The Canadian Retirement Roadmap
Podcast! Subscribe here on YouTube and explore past episodes + free resources → https://bayswaterwealth.ca/podcast

🌐 Website: http://bayswaterwealth.ca
💼 LinkedIn: https://linkedin.com/in/patrick-briscoe/
📸 Instagram: https://instagram.com/bayswaterwealth/

📞 Want to connect? Book a free 15-minute introductory call (phone or video) → https://bayswaterbookings.ca/prospective-step-1/

⚠️ Disclaimer: The information shared in this video is for educational purposes only and is not tailored financial advice. Every individual’s situation is unique — please consult with a qualified financial planner before making decisions about your personal finances.

04/26/2026

“We have $400,000 in our investment accounts… but the house is worth $900,000. Almost two-thirds of everything we own is tied up in the walls around us.”

If this sounds familiar, check out Episode 10 of The Canadian Retirement Roadmap! Patrick Briscoe, CFP® and Certified Executor Advisor, will walk through five strategies to put your home equity to work in retirement — with Canadian-specific tax insights including the Principal Residence Exemption, OAS clawback thresholds, and more!

📘 Request your complimentary copy of Financial Success for Pre-Retirees → https://docs.google.com/forms/d/e/1FAIpQLScMBqJG9BeN0xFiBtTPYLHbwSKuOAV50iwJF8yRziSQXsK6vg/viewform

👍 Don’t miss future episodes of The Canadian Retirement Roadmap Podcast! Subscribe here on YouTube and explore past episodes + free resources → https://bayswaterwealth.ca/podcast

🌐 Website: http://bayswaterwealth.ca
💼 LinkedIn: https://linkedin.com/in/patrick-briscoe/
📸 Instagram: https://instagram.com/bayswaterwealth/

📞 Want to connect? Book a free 15-minute introductory call (phone or video) → https://bayswaterbookings.ca/prospective-step-1/

⚠️ Disclaimer: The information shared in this video is for educational purposes only and is not tailored financial advice. Every individual’s situation is unique — please consult with a qualified financial planner before making decisions about your personal finances.

One of the biggest mistakes we make with our money is confusing investing with entertainment.Somewhere along the line, i...
04/24/2026

One of the biggest mistakes we make with our money is confusing investing with entertainment.

Somewhere along the line, investing has become one of America’s favourite spectator sports.

On social media, in your newsfeed, or at the dentist’s office—it seems like everywhere you look, someone is talking about finding the next hot stock, mutual fund, or alternative investment—from cryptocurrency and tech funds to startups and beyond.

Problem is, smart investing actually has very little to do with the kind of bold, swift actions people tend to yell about on the financial networks. Smart investing is about as exciting as watching grass grow.

The idea that investing is fun and entertaining can lead us to make costly mistakes. Despite knowing at some level that market timing, stock picking, and day trading are hazardous to our wealth, so many of us end up engaging in that kind of behaviour.

Sure, investing can be fun. But bear markets serve as a painful reminder that it's not always fun. This isn't Monopoly we're playing. It's real life. We're dealing with real money and real goals. And by confusing investing and entertainment, you almost always end up with bad results.

At some point, we need to take a deep breath and ask ourselves a question: Am I investing to meet my most important financial goals, or am I investing as a form of entertainment?

Hint: For almost all of us, it can’t be both.

When we think of investments, we tend to think about money. You buy some stock, and you hope that stock will pay dividen...
04/10/2026

When we think of investments, we tend to think about money. You buy some stock, and you hope that stock will pay dividends in terms of more money.

Of course, anything can be an investment as long as you spend it hoping to get back more later.

You might invest some time into work on Thursday so you can take off early on Friday. It’s never a bad idea to invest some work into eating and sleeping well so you have more energy throughout the day. Just think of the dividends you’d get in return after investing your attention in a skill you always wanted to develop.

I know this sounds like common sense, but how often do you actually think about your expenditures (financial or otherwise) in terms of money, time, energy, and attention?

Learn to see past the costs of your investments. Focus on the returns.

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