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.

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.

Of course, money can’t buy you love.But time can.Isn’t that interesting?
03/27/2026

Of course, money can’t buy you love.

But time can.

Isn’t that interesting?

Years ago, Carl was climbing a large mountain called the Grand Teton with a friend of his who was actually a rocket scie...
03/13/2026

Years ago, Carl was climbing a large mountain called the Grand Teton with a friend of his who was actually a rocket scientist. And because he’d been there before, he was leading the climb.

When his friend caught up to him at the top, he said, “Carl, moving that fast was irresponsible.”

Carl said, “There’s almost no chance you’re gonna fall here. In fact, you’d have to try to fall.”

“I get it,” he said. “But if we did fall, we’d die.”

Carl realized he was focused on the probability of falling, which he had placed at almost zero, while his friend was focused on the consequences of falling, which was death.

Framed another way: If there’s an 80% chance of an event occurring, but the only consequence is you skin your knee, that’s a completely different calculation than a 10% chance, but the consequence is you die.

Both probability and consequence matter.

Back when Carl was a financial advisor, he had a client named Maxine. He’ll never forget the first time she came into hi...
02/27/2026

Back when Carl was a financial advisor, he had a client named Maxine. He’ll never forget the first time she came into his office with a banker’s box full of opened letters, unopened envelopes, bills, bank statements—you name it.

She told him that her husband, who had always handled their finances, had just passed away. There was pain in her eyes, and a healthy dose of confusion. Carl asked her if he could hold onto the box until their next meeting.

Over the next couple of weeks, he put all the scattered pieces of Maxine’s financial life into a recognizable order. When she came back, he handed her a neat and tidy three-ring binder and walked her through it.

He remembers looking at Maxine after they finished the last page and closed the binder. She looked at peace.

“Thank you,” she told him. “You have no idea how much this helps.”

Maxine’s situation is not at all uncommon. Most people’s financial lives are just as chaotic and disorganized. We have old stocks, retirement accounts from jobs left long ago, a mutual fund from a parent, a mortgage, a handful of hopes and dreams. Even if it’s not in a literal banker’s box, it might as well be. The pieces rarely seem to fit together.

When a Real Financial Professional designs a portfolio for a client, they take that chaos and give it order. The relief people feel when presented with a neat and tidy portfolio is hard to put into words.

Carl doesn’t think Maxine ever looked at that three-ring binder again. But just knowing it existed, just knowing that her financial life was neatly organized, provided a ton of relief at a time when she needed it most.

Do you have a problem?Or is it actually that a problem has you?Food for thought…
02/13/2026

Do you have a problem?

Or is it actually that a problem has you?

Food for thought…

01/30/2026

If you take a penny and double it every day for 30 days, you end up with $5,368,709.12.

Don’t believe me? Do the math.

Behold, the magic of compounding interest—something Albert Einstein is said to have called the most powerful force in the universe.

But you know what I find really interesting about the doubling penny example? On day eight, you’re only up to $1.28. In fact, by day 15—halfway to 30—you’re still only at $163.84.

Don’t get me wrong—turning a penny into six hundred bucks is great. But you’re still a long, long way from a million.

That’s the tricky thing about compound interest, it starts out really boring.

In fact, the reason most of us don't ever get to see this powerful force at work is because we're not willing to go through the boring part.

Things do get exciting eventually… look at the steep end of the curve.

It just takes a while to get there.

Unfortunately, the only way to get there is to go through the boring part of the curve first.

So be patient.

Very, very patient.

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