<p>Business is about solving problems—and Edward Kholodenko has spent his life doing just that. From his early years facing discrimination in the Soviet Union to immigrating to Canada and navigating failed ventures, Edward’s journey is one of relentless resilience.</p><p>In this episode of Kosher Money, he shares how he built Questrade, one of Canada’s leading trading platforms, overseeing over $60 billion in assets. But his story isn’t just about wealth—it’s about adaptability, faith in God, and finding opportunities in crisis. How did a failed computer business in Ukraine shape his future success? What financial mistakes do most people make? How did he navigate market crashes, the 2008 financial crisis, and the rise of AI? What’s his best advice for new investors and entrepreneurs? Whether you’re an aspiring entrepreneur, a seasoned investor, or someone looking for smart financial insights, this episode is packed with wisdom, lessons, and real-world strategies to help you succeed. Watch now and learn how to build, grow, and take control of your financial future!</p><p>✬ SPONSORS OF EPISODE 87 ✬</p><p>► BITBEAN: Do you have an ambitious company? BitBean builds custom software and provides software solution consulting. (They do tremendous work.) See case studies, learn more and get in touch here: <a href="https://bitbean.link/4edg53" target="_blank">https://bitbean.link/4edg53</a> </p><p>► THE DONOR'S FUND: More people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen additional perks. Get a free account here: <a href="https://thedonorsfund.org/koshermoney" target="_blank">https://thedonorsfund.org/koshermoney</a> </p><p>► TWILLORY: Get $18 OFF your first purchase of comfortable clothing for today's casual professional look. Use code CHAI at <a href="https://twillory.com/KosherMoney" target="_blank">https://Twillory.com/KosherMoney</a> </p><p>► COLEL CHABAD: Please help Israel as its people need all the help they can get! Visit <a href="https://www.colelchabad.org/KosherMoney" target="_blank">https://www.ColelChabad.org/KosherMoney</a> to make a much-needed donation!</p><p>TIME STAMPS:</p><p>00:00 Intro </p><p>01:24 Edward’s Early Life In The Soviet Union </p><p>03:02 Moving to Toronto 04:25 Did You Grow Up Religious? </p><p>06:00 Edward's (Growing) Beard </p><p>06:48 His First Business Venture in 1991 </p><p>11:00 The Fall of the Soviet Union </p><p>14:35 10,000% Inflation </p><p>14:52 Getting Married & Back to Canada </p><p>15:54 The Russian Ruble Crisis </p><p>16:45 BitBean </p><p>17:43 The Donors' Fund </p><p>19:31 A Godly Pattern in Edward's Life </p><p>20:03 The Impact Of 9/11 On The Business </p><p>20:40 The Start of Questrade </p><p>26:04 The First Few Years of Questrade </p><p>32:28 Another Business Hurdle </p><p>34:10 The Effect of Success </p><p>37:09 Best Practices for Business Owners </p><p>38:37 The Value of Time </p><p>39:24 Starting a New Business </p><p>41:00 Twillory </p><p>42:16 Colel Chabad - Help Israel </p><p>43:41 How to Impact Culture in a Biz </p><p>45:55 "Can I Steal a Few Minutes?" </p><p>46:26 His Advice for Wealthier Families </p><p>49:16 Where Edward Sees Opportunities Now </p><p>51:51 Trading in the Markets </p><p>54:35 Hidden Fees, Crypto, Risks, Oh My! </p><p>57:45 Human Advisors vs. Computers & AI </p><p>59:12 How Edward Manages His Phone </p><p>1:00:27 What's Your Dream, Edward? </p><p>1:02:00 His Torah Learning 1:05:40 Contest, Winners & Outro</p><p>✬ Donate Tax-Deductible and Inspire Millions: Your gift of any size enables Living Lchaim to share uplifting & educational content! » <a href="https://www.livinglchaim.com/donate" target="_blank">https://www.livinglchaim.com/donate</a> </p><p>Follow Kosher Money for Bonus Shorts: TikTok - <a href="https://www.tiktok.com/@koshermoneypod" target="_blank">https://www.tiktok.com/@koshermoneypod</a> Instagram - <a href="https://www.instagram.com/koshermoneypod" target="_blank">https://www.instagram.com/koshermoneypod</a> </p><p>Free Call-In-To-Listen Hotline: USA: 605-477-2100 UK: 0333-366-0154 ISRAEL: 079-579-5088</p><p>Living Smarter Jewish is a fantastic financial resource. Get guidance at <a href="https://livingsmarterjewish.org/contact" target="_blank">https://livingsmarterjewish.org/contact</a> and check out the new school curriculum here: <a href="https://livingsmarterjewish.org/schools" target="_blank">https://livingsmarterjewish.org/schools</a> </p><p>WhatsApp feedback to 1-914-222-5513</p><p>All investment strategies and investments involve risk of loss. Nothing contained in our content, ads and videos should be construed as investment or personal advice. </p><p>#PersonalFinance #JewishLife #questrade #canada #canadalife #LivingLchaim #KosherMoney #KosherMoneyPod</p>
Sign In
Sign In
