Before you find an investment advisor, do this.


“Pencils down”

That cue still haunts me.

Remember that incredibly difficult exam in high school, that you wish you had just oooone more hour to complete?

Heck, you would have even grasped at 15 more minutes!

Those two words meant what you had on paper, was it.

Time up. Give in the messily-hand-written paper, leave the room in slight shock, and then immediately… compare answers!

Ha, good times.

Thank goodness that isn’t the case when shopping for investments, or for advisors (<–def: “(1) for compensation; (2) is engaged in the business of; (3) providing advice, making recommendations, issuing reports, or furnishing analyses on securities, either directly or through publications.” (1))

You can take your time, you can learn before you go and you can ace it.


Time is money. Literally. As in, if you wait TOO long you’re going to miss out on compound interest and all of those months of saving.

For real.

Had I not started my minimal $50 per paycheck tax free mututal fund account back in 2009, I would have lost exactly $1480.25 of interest by 2015. That’s a lot of 50 dollars I didn’t have to work for.

What would you do with $1500? Heck, even $500.

It really is that easy, IF you can find a great advisor who can grow your savings.

First, how do you know you are ready?

✔️ You have never invested before OR you want to split test or find a new advisor for any reason
✔️You are out of debt, or closing it out quickly so you can stop making others rich, and start earning interest.
✔️People who want to retire one day without dependency on a pension or parents. Also applies to savings for trips, future cars, downpayments and more.
✔️You don’t want to manage or do any of it yourself (if you do, see the very savvy online self-directed sites and look at index funds. (2) You’re welcome.)
✔️Your basic costs of life are covered and you need to start putting some savings away.

Second, why do you neeeeeed to know this?

Because mistakes cost you money! Like these:

My first effort was early 20’s with a friend joining a big shiny firm I knew very little about. I thought annual fees were normal, I knew so little. He soon left that business and I was moved through 2 more advisors who did nothing for me, but were happy to take my money.

Off to a wonderful start! If wonderful is throwing your hard earned money off a roof.

In another effort, I remember sitting down at my “top 3 ranked” national bank, with a LOT of $ sitting there doing nothing, and they couldn’t even close a sale on an investment-interested early-20-something year old. Nope. I needed proof they could not waste my money cause I knew I could do that myself. #hellonewcar #thailandadventures

As my money was making no money and I felt stuck, I got to go behind the counter and work in a financial institution. Yessss.

I watched, I listened, I sat in their offices and asked Qs.

I didn’t invest there. But I learned a lot.

Many amazing employees have since moved on, and I can see how their vast knowledge of working at more than one place really gave them an edge for their current clients.

That is the same edge I have – having been through so many advisors and companies to learn a vast pros and cons list.

What I DON’T want you to do is just say “I don’t have time for this” and hand your money over to the first place you find.

Hellooooo, this is your MONEY! A tiny % of interest over a lifetime can sway hundreds of thousands of dollars. Don’t be lazy about it.

So if finding your dream advisor is where you are at in your financial adventure, I want you to complete the process of meeting with 3 or more in 30 days.

If you are still getting over some mega-money-sucking-debt, then head to Money Savvy Mastermind to speed it up, bookmark this page and start when interest is in your favour.

Got it? Ok.

Here are 10 multiple choice Qs that will help you clarify everything! Write down your answers and get the answer PDF (with mega bonus info) after.

Let the exam begin!

How to find a GREAT advisor.   Name:______ Date:_____

1.Before I even start I need to have at least 1k saved?

  1. A) No you can start with 0
    B) Yes, there is a minimum
    C) Ideally, you want 1k for an emergency fund and then start investing
  2. I shouldn’t invest if I have debt
    A) Yes, be out of debt first
    B) No, invest anyways
    C) Depends on your goals and your debt.
  1. Before I start, I should know:
    A) What I am going to ask
    B) Both A&C
    C) My goals
    D) Something about investing
  2.  The perfect number of advisors to interview is:
    A) At least 3
    B) The one at the bank where my accounts are
    C) All of the ones first page ranked on google
  3.  In order to find these advisors, I should ask my friends or interviewees:
    A) How nice they are
    B) What results they’ve gotten
    C) How easy the process is
  4.  While interviewing, I need to find this out:A) How they get paid & how long they’ve invested
    B) Past results & how they get paid
    C) What they would invest me in & past results
    D) All of those, and a few more.
  5. Probably the most important expectation is:
    A) Your long term goal and visible route to get there
    B) How much you can afford to invest and how often
    C) How your children will save for school and you will retire
  6. One aspect you need to know MOST about is:
    A) rates of return
    B) how often you will check in on your investments
    C) all of the fees
  7. The biggest myth or fear about investing is:
    A) it’s really hard to do
    B) you will lose money when the market goes down
    C) you need to be wealthy to invest
  8. If you invested for 1M at 6% for retirement, you’d need to put away $500/month at age 25. Just 5 years later you would have to put away:
    A) $550/m
    B) $610/m
    C) $700/m*Pencils down*Just kidding.

Results are on found immediately on the other side of your name and email! Look for your PDF to open.

(PLUS tips to get you wealth building from scratch).


  1. US Securities website: https://www.sec.gov/divisions/investment/iaregulation/memoia.htm
  2. Index Funds options Canada http://www.moneysense.ca/columns/index-funds-vs-etfs/ and http://www.theglobeandmail.com/globe-investor/investment-ideas/actively-managed-funds-vs-the-index-once-again-no-contest/article21580578/



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