The Personal Finance Show

The Personal Finance Show is a place for people to tell their personal finance stories. Everyone has a personal finance story.

52 - David Jenkins

October 5th, 2018
00:0000:00

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David Jenkins wants to help you learn about investing. But he doesn’t want any compensation.

David wants you to pay it forward. If you learn something from his website, he wants you to make a donation to charity instead. David’s charity of choice is the Sanfilippo Children’s Research Foundation which was created to help find a cure for Sanfilippo Syndrome, a degenerative and terminal genetic disorder that affects children.

To try to simplify the complex world of investing, David created a website called theansweris.ca. It’s a financial education website that provides step-by-step instructions for a Model Long-Term Investment Portfolio containing six low-cost ETFs that are well-diversified both geographically, and more importantly, by economic sector.

But David doesn’t want you to just jump right in - he wants to make sure you understand the service he’s providing - and therefore he made it so that you have to complete a 6 question quiz before you proceed.

Especially if you are new to investing, it can be dangerous to follow David’s 100% equity model ETF portfolio if you don’t fully understand that he wants you to buy and hold for at least 10 years.

It’s also important to understand that the information that he provides is purely educational and is just one option for investing your money. David is a self-taught investor and is simply using this website to convey what he’s learned to whoever wants to listen.

Similar to what I would do as a personal finance coach, David is simply interested in providing you with information to help you make the right decisions for you. Please be sure to read all the disclaimers on theansweris.ca when you check it out.

David joined me in the studio earlier this year to share his personal finance story.

NEXT EPISODE

53 - Darlene Patgunarajah