I post videos on investing, financial decision-making, and living a good life.

My name is Ben Felix. I am a Portfolio Manager and the Head of Research at PWL Capital. I am a CFA charterholder and CFP professional. I am securities licensed in Canada by CIRO.

All channel content is produced and owned by PWL Capital Inc.

Trump’s Win and Expected Stock Returns (The Presidential Puzzle)
10:46
Trump’s Win and Expected Stock Returns (The Presidential Puzzle)
Why Betting On “Winning” Industries Almost Never Works
9:27
Why Betting On “Winning” Industries Almost Never Works
Why You Will (Probably) Lose Money Trading Options
8:54
Why You Will (Probably) Lose Money Trading Options
No… Homeowners are NOT Happier than Renters
7:57
No… Homeowners are NOT Happier than Renters
Why Do Financial Advisors Still Exist?
9:50
Why Do Financial Advisors Still Exist?
The Hidden Risks of Private Credit
8:58
The Hidden Risks of Private Credit
Will ARKK Recover?
9:54
Will ARKK Recover?
Budget 2024: Capital Gains Tax is Increasing [Canada]
8:10
Budget 2024: Capital Gains Tax is Increasing [Canada]
The Most Important Lessons in Investing
7:02
The Most Important Lessons in Investing
Why Taking CPP Early Is (Usually) A Mistake
10:52
Why Taking CPP Early Is (Usually) A Mistake
CPP is More Valuable than Most People Realize
7:38
CPP is More Valuable than Most People Realize
Bank Financial Advice is Worse Than People Realize
5:26
Bank Financial Advice is Worse Than People Realize
Why 10% Is NOT A Realistic Expected Return For Stocks
8:43
Why 10% Is NOT A Realistic Expected Return For Stocks
Is Home Country Bias a Mistake?
10:34
Is Home Country Bias a Mistake?
Why It Might Be Time To Rethink Lifecycle Asset Allocation
8:56
Why It Might Be Time To Rethink Lifecycle Asset Allocation
The Problem with High Stock Valuations
5:54
The Problem with High Stock Valuations
Why ESG Investing May Be Doing More Harm Than Good
7:20
Why ESG Investing May Be Doing More Harm Than Good
How to Invest New Cash: Dollar Cost Averaging vs. Lump Sum Investing
5:13
How to Invest New Cash: Dollar Cost Averaging vs. Lump Sum Investing
High Income Investments: A Warning
4:01
High Income Investments: A Warning
The Cost of Investment Hubris
4:09
The Cost of Investment Hubris
The Performance Gap
3:32
The Performance Gap
Why NOT Investing Is (Probably) Going To Cost You
7:08
Why NOT Investing Is (Probably) Going To Cost You
Is an 8% Safe Withdrawal Rate... Safe?
2:55
Is an 8% Safe Withdrawal Rate... Safe?
Dividends are not investment returns. They are not free money, and do not offer downside protection.
1:18
Dividends are not investment returns. They are not free money, and do not offer downside protection.
Cash is a terrible long-term investment, even at 5% interest
7:52
Cash is a terrible long-term investment, even at 5% interest
Are Structured Products Good Investments?
7:32
Are Structured Products Good Investments?
Covered Calls: The Income Illusion
12:49
Covered Calls: The Income Illusion
Who Should NOT Invest in Total Market Index Funds?
9:03
Who Should NOT Invest in Total Market Index Funds?
International Diversification
11:00
International Diversification
The 2.7% Rule for Retirement Spending
13:12
The 2.7% Rule for Retirement Spending