Answers to your questions on CBC’s The National (and a bad joke)

Earlier this month, I shared CBC’s request for your questions for The Bottom Line panel on The National with Peter Mansbridge. A few weeks ago, we answered them. There were lots of great questions, and lots of great answers from Patti Croft, Amanda Lang, and Jim Stanford. I threw in a few satisfactory answers here and there too.

There was a televised segment, and then a web extra (since there were so many questions). What you didn’t see in the web extra, was Peter walking away from the table after I made a certain comment about “the danger of using averages”. Specifically, of the four panelists, “on average” we have half a penis – but that clearly doesn’t tell you the whole story. This was in reference to young versus older Canadians comparing their personal debt-to-income ratios to the now 163%+ national average.

Televised segment

 

Special Web Extra

 

If you can’t see the embedded video links, click here to access the clips on CBC’s site.

 

Preet Banerjee
Preet Banerjee
...is an independent consultant to the financial services industry and a personal finance commentator. You can learn more about Preet at his personal website and you can click here to follow him on Twitter.
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Showing 5 comments
  • My Own Advisor

    Definitely adult material – funny stuff.

    Nice response to Mr. Alan Whitton from Ottawa :)

    Happy New Year Preet!
    Mark

    • Preet

      Happy New Year Mark! See you Ottawa boys soon.

  • Robb

    Good panel, Preet! I liked the answer you gave about increasing your rate of savings rather than focusing on your rate of return. I get asked that question a lot and that’s the answer I give as well.

    Amanda is awesome. Can you get me an autographed copy of her book :)

    • Preet

      Thanks Robb – I believe she charges for autographs. No, wait. That’s Kevin.

  • Patrick

    Well… I for one hate the banks.