On the Rational Reminder today we are joined by Ellen Roseman from The Toronto Star, who has been writing and working in the realm of Canadian personal finance and consumer rights for many years. We have a great chat about her work history, what has driven her career and what motivates her to continue to pursue her path of creating financial awareness for more people. We discuss the position of advocacy for consumer rights and how that translates into her everyday work, her most important and recent areas of action, the classes she is involved in teaching and her most recent book, titled Fight Back. Ellen weighs in on the topics of financial advice and how to seek out the best of it, actively managed funds and how she is involved FAIR Canada. We finish off with a fun bit about how Ellen found herself blocked on Twitter by Suze Orman and Dave Ramsey! For all this and more, listen in today!
Key Points From This Episode:
What it means to Ellens to be an advocate for consumer rights. [0:02:43.1]
The most recent cause that Ellen has been championing through her work. [0:05:4]
Three tips from Ellen's most recent book, Fight Back. [0:07:59.0]
The class Ellen teaches at UFT, Investing for Beginners. [0:14:18.9]
Ellen's attitude towards seeking advice and when it is necessary. [0:16:19.6]
Bad investment advice and the cases that crop up the most for Ellen. [0:18:18.5]
Some of the results of Ellen's course and how it is laid out. [0:21:05.4]
Are actively managed mutual funds still holding the majority of Canadian assets? [0:26:03.2]
A little about FAIR Canada and Ellen's work there. [0:27:55.4]
Ellen's recent Twitter activity which led to get her getting blocked by Suze Orman. [0:32:14.5]
A definition of success from our wonderful guest! [0:38:14.0]
And much more!