@@koarlo Is it possible to make a video suggesting what kind of annual income should put money in both RRSP and TSFA. As a newcomer, I feel confused about these. Really appreciate your effort in making these videos in Cantonese helping HK ppl. Please suggest more legal tax reductions and $ saving methods. Thank you!
Its true that there will be withholding tax when we are withdrawing money from the RRSP, but you have to remember this, the majority of people who are withdrawing their funds are mostly likely retired, they will be paying less tax since they are at a lower income tax bracket. Also, one of the benefits of contributing into your RRSP is the FHB plan, where you can take out up to a maximum of 35k without any tax for purchasing your first property in Canada.
Matt what worries people is that the government will reduce your retirement benefits depending to your wealth in future days, not to your annual income as today.
The common assumption of RRSP is that your income is lower after retire. But that also implies that you spend less after retired. For a couple to live a comfortable middle class living style, it cost at least 100k before tax income provided you are mortgage free. From that perspective TFSA Is way better.
Do not bother with RRSP, saving account, bonds and stock investments, use all your money to buy 1 detach home and a couple of condos to rent it out, use the rent to pay for the condos' mortgage, use the income from your job to pay the mortgage of the house. You wont' regret it by the time you retire, just keep one property and sell the other two.
With health insurance, dental care insurance, unemployment insurance, car insurance, personal insurance, and house insurance, we are all working for insurance companies and the government. Since all the stores have their own credit cards, we all spend our shopping money at the banks.
Many years ago, when my mom came to visit me in America, she said food is so cheap, life must be great. I told mom relatively speaking, we actually spend very little money on food, clothing and daily necessities which are the basis of living. Majority of our expenses goes to insurance, college tuition for our kids, tax, mortgage and car payment and that's life in America. Take a little to get used to but so very true.
go go go you can do this pls can everyone like and subscribe you know I LOVE daddy but if you don't I will be SAD for daddy and almost cry so pls like and subscribe pls and don't forget also pls share that is right do the best you can!!!!!!!
@@koarlo (係加拿大人角度黎講英鎊係多，但對居住英國黎講分別不大，亦係睇數字做人，Individual Saving Account 呢戶口亦係一樣，一個稅務年度內賺到既錢唔可以多過上限，直至稅務年度完結後再繼續加最多兩萬鎊係下一稅務年度，如此類推，但我都鐘意收Dividend) Not much differences in the UK, I tell you what. ISA account had four different types of account that you can use is Saving, Stocks and shares, diversify and Lifetime account. You only can save not more than £20,000 pounds in a tax year.
Several caveats: earning 7% to 10% on a continuous basis on traditional financial investments for several decades is a theoretical possibility but it RARELY exists in reality. Netting long term inflation from long term investment returns, the net long term investment return is more like 3% to 4% on a compounding basis. The best strategy is to maximize your RRSP and use the tax savings to invest in TFSA. For example, invest $10,000 in RRSP will save AT LEAST (15% federal and 7.5% provincial tax for a combined 22.5% and that is) $2,250, and use this $2,250 to invest in TFSA.
I think it's because lots of people from Hong Kong are not aware that they have been paying a huge amount of implicit tax their whole life. Sure, income tax is much lower in Hong Kong. But when people rent or buy a home in Hong Kong, it's never immediately obvious that they are actually paying taxes to the government through the real estate developers. Even with the crazy real estate in Vancouver and Toronto, it's still not nearly half as bad as that of Hong Kong. People literallly work their whole life to pay taxes to the Hong Kong government, with the real estate developers being the tax collectors. And when they get old and need money for quality health care, they either sell their home to cover medical bills or just die in order leave something for their kids. It's a pretty aweful existence in my book.
Can you not doing commercial promotion ? It is irrelevant to your subject ! Whichever bank is just a channel and would be able to achieve what you are trying to say anyway. My suggestion is to be perceived like a pro, you need to maintain unbiased perspective. In this TH-cam you have not shown on which bank to choose but promote directly. This makes me think you have a relationship with the bank for your own benefits, not for public interest on how to choose a bank to do investment.
Sir KO you can talk about the saving strategy statistic as much as you want but you must have the initial saving in order to invest truth of the matter is MONEY TALK BULL SHIT WALK when you have the initial amount saved up ready to tackle the wide open market then do your diligence to find out what investment is best for you buying bricks and mortar mutual fund or whatever just make sure that you are brave enough to face the storm be that good or bad time ie winning or losing try not to lose Sleep over Canada is operating on a Progressive Taxation system ----- Rich share with the poor ie the HAVE share with the HAVE NOT the more you earn / make the more tax you pay which is fair Canadian are enjoying a exceedingly over the top comprehensive social benefit safety net system such as Healthcare Education Policing Social Welfare you name it they have that covered ------ no complain Senior are well taken care of there CCP OAS Income Supplement for those who are below the fresh hold government manage our money and the citizen have the right to spend those money which belong to the public there are viewers who express their discontent of buying insurance which is a form of security protection just remember Canada is a free country no one is pointing a Revolver in your head and force you to take up on those offers if you are not happy with the sales pitch just turn the TV off or tell the Door to Door sales personnel that you are not interested in the matter------- more often than not they will never bother you again but when you have TOOTH ACHE CAR CRASH then don't bunch your face don't cry like a baby life is good in Canada
![[TH] 2024 PMSL SEA W2D5 | Fall | พลาดวันนี้ จะต้องเสียใจ](http://i.ytimg.com/vi/A5-Cuo12p6A/mqdefault.jpg)
我前年在 RRSP 裏提取五萬加元,銀行扣除 withholding tax 一萬三千加元。經過報税後, 那年祇能拿回六千加元, 即是交了七千元税。還好我利用 TFSA , 在2018 年裏, 我帳户上已有七萬美元。我將加元換成美元, 專注投資美國股票。因為加拿大股票上落太慢。到2020 年, 我的 TFSA 已經有四十萬美元, 那時特師奶 （TSLA telsa) 剛用拆股, 我用四十萬全買了特師奶。現在有100% 回報。
嘩。。。。。你呢個超成功過案喎
我聽你話買了特師奶,正在等她大升十倍
@@zenghanhong 但要睇住有無力再增長咁強勁，如無就會變貴，就要減或走啦，唔好全部買晒，好危險
现在怎么样了朋友，那你还是很有远见的
我買的特師奶是在2020年九月初, 特師奶拆股後, 我用四百元一股, 買了一千股 。現在亚馬遜又剛剛拆股, 街外錢齊齊揾。股票拆股後會, 才會升。所以等亞馬遜跌破一百元, 就可以入貨 。買入後等它十年,八年, 到時又升回二,三千元一股, 這比買基金賺得多。記得用你的 TFSA 免税户口來買, 這樣賺了不用交税。
儲錢更係難 la，所以要用 RRSP 和TFSA。你解釋得好好。
最好是兩種同時用，但很有錢先可以了🤣🤣 by the way， 我準備了很久
@@koarlo Is it possible to make a video suggesting what kind of annual income should put money in both RRSP and TSFA. As a newcomer, I feel confused about these. Really appreciate your effort in making these videos in Cantonese helping HK ppl. Please suggest more legal tax reductions and $ saving methods. Thank you!
@@dennischow523 概念上：TFSA 是免稅儲蓄/投資戶口，而RRSP是延稅儲蓄/投資戶口。
@@koarlo 個人分享：把TFSA 做一個儲蓄，應急戶口。每月定期存放金額，在年底前計算The Max RRSP amount .然後transfer in kind to RRSp or SRRSp account.報稅後把退稅金額也放回TFSA 。家中如有突發狀況需要應急錢，也就不會惶恐。
Very impressed by your presentation. Thank you, Koarlo👍
Thank you Kim
你口才很好, 多才多艺👍，相信會有很多廣告和生意客户賞識你。有很多人都是為下一代而移民, 我哥都係, 细佬都回流加, 為取捨, 免不了要犧牲。
博主的口齿伶俐，条理清晰！赞👍
Its true that there will be withholding tax when we are withdrawing money from the RRSP, but you have to remember this, the majority of people who are withdrawing their funds are mostly likely retired, they will be paying less tax since they are at a lower income tax bracket. Also, one of the benefits of contributing into your RRSP is the FHB plan, where you can take out up to a maximum of 35k without any tax for purchasing your first property in Canada.
Yes, people can take $35,000 for first home buyer. I haven't mentioned because this video major talk about TFSA, may be doing another video for RRSP
Thank you for your detail information
@@koarlo nice video btw
Matt what worries people is that the government will reduce your retirement benefits depending to your wealth in future days, not to your annual income as today.
The common assumption of RRSP is that your income is lower after retire. But that also implies that you spend less after retired. For a couple to live a comfortable middle class living style, it cost at least 100k before tax income provided you are mortgage free. From that perspective TFSA Is way better.
每次都说的很好，说的清晰我们也能理解，太棒了，想问问有没有群组让我们一起交流？
我有telegram 或可follow IG FB
Do not bother with RRSP, saving account, bonds and stock investments, use all your money to buy 1 detach home and a couple of condos to rent it out, use the rent to pay for the condos' mortgage, use the income from your job to pay the mortgage of the house. You wont' regret it by the time you retire, just keep one property and sell the other two.
Agreed
其實可唔可以講下TSFA, 不同銀行或網上金融機構嘅管理收費讓觀眾可作比較！還有可以講下點解在2009年突然走咗呢TSFA出嚟嘅！
多謝你介紹, 很詳盡, 如果有時間, 可否介紹一下RESP, 感謝
好的
除左以上講的TFSA, RRSP, RESP, 還有好多TAX CREDIT來減免稅項或減低稅率, 其中一種係CANADIAN DIVIDEND TAX CREDIT, 任何收取加國上市公司所發放的股息收入, 都可以享受到 稅務條例下所賦與的較低稅率. 不要小看TAX CREDIT, 就算每年少1%, 幾十年後, 就係一筆可觀金錢.
係，的確係，如股息高的股票可能不放TFSA，反而將著重capital gain嘅股票放入去
@@koarlo 我提議, 先用盡所有 CANADIAN
DIVIDEND TAX CREDIT, 之後才用TFSA 來免稅收股息.
睇目的及邊隻股票，有好多投資尤其是美股著重價格多於派息
@@koarlo 咁.... 去買D穩定增長美股囉, 藥院, HEALTH CARE, 都算穩定的. 不過這些股現在 PE20以上, 都算貴囉,
With health insurance, dental care insurance, unemployment insurance, car insurance, personal insurance, and house insurance, we are all working for insurance companies and the government.
Since all the stores have their own credit cards, we all spend our shopping money at the banks.
Many years ago, when my mom came to visit me in America, she said food is so cheap, life must be great. I told mom relatively speaking, we actually spend very little money on food, clothing and daily necessities which are the basis of living. Majority of our expenses goes to insurance, college tuition for our kids, tax, mortgage and car payment and that's life in America. Take a little to get used to but so very true.
🤦🏻🤦🏻🤦🏻🤦🏻🤦🏻Yes
buy bank and insurance stocks and get dividends after the current bubble pops
@@anastasiaromanov3737 Those are blue chip stocks, worth to add on your portfolio.
@@jlouie8835 你有選擇地做韮菜，還是沒有選擇地被韮菜，it’s different⁉️
有無以前TFSA 個段片可以睇返？想睇多D TFSA D 片等我一拎到PR 就搞 :)
不要忘記, 任何加國居民在投資上蝕了CAPITAL LOSS, 可以扣減前3年投資所賺的CAPITAL GAIN, 或將來任何年裡所賺的CAPITAL GAIN. 只是TFSA就唔得, 比如用TFSA 去買股票, 之後間公司破產, 那就不可以用TFSA 戶口以外所賺的CAPITAL GAIN, 即是, TFSA 去投資, 並非沒有投資風險, 相反, 更需要去注意投資項目的風險. 最好用 TFSA去投資一些保本穩定的東西, 有穩定股息, 例如, 電網股 或 通訊股, 甚至 REIT.
你呢點都正確，所以真係要搵中長線會升投資，唔好用TFSA短炒，短炒不如用cash account或IB算
Very useful info 👍🏻 support !
Thank you Rachel
支持支持💪💪💪
go go go you can do this pls can everyone like and subscribe you know I LOVE daddy but if you don't I will be SAD for daddy and almost cry so pls like and subscribe pls and don't forget also pls share that is right do the best you can!!!!!!!
🥰🥰🥰
@@koarlo love you too
（類似我係英國成為稅務居民後要開ISA戶口免稅，但上限係每稅務年度不超過二萬磅）
Very similar as UK tax residents where anyone must open ISA account to avoid declare tax.
2萬磅都幾多下喎
@@koarlo (係加拿大人角度黎講英鎊係多，但對居住英國黎講分別不大，亦係睇數字做人，Individual Saving Account 呢戶口亦係一樣，一個稅務年度內賺到既錢唔可以多過上限，直至稅務年度完結後再繼續加最多兩萬鎊係下一稅務年度，如此類推，但我都鐘意收Dividend)
Not much differences in the UK, I tell you what. ISA account had four different types of account that you can use is Saving, Stocks and shares, diversify and Lifetime account. You only can save not more than £20,000 pounds in a tax year.
👏🏻👏🏻講得實在太精彩🤩🤩😆😆
你們是專家，有錯記得提醒下我🙏🙏🙏
有用！
Thank you Edward
remember if you trade too frequently in your tfsa, cra can go after you.
Yes, I mentioned it already 💪💪💪🥰
@@koarlo sorry, i missed it.😂
支持 KOARLO 是常態 🫶🏻🫶🏻🫶🏻
又係你第一名啦
Several caveats: earning 7% to 10% on a continuous basis on traditional financial investments for several decades is a theoretical possibility but it RARELY exists in reality. Netting long term inflation from long term investment returns, the net long term investment return is more like 3% to 4% on a compounding basis. The best strategy is to maximize your RRSP and use the tax savings to invest in TFSA. For example, invest $10,000 in RRSP will save AT LEAST (15% federal and 7.5% provincial tax for a combined 22.5% and that is) $2,250, and use this $2,250 to invest in TFSA.
You are right, if you are high income, really need and nutst to use both together. I agreed with you
萬稅萬稅國家加拿大來形容好貼切😂
簡直萬稅萬稅萬萬稅
哈哈可以说形容得很生动了，你也是在这边生活的朋友吗
同意用TFSA投資是其中一個非常好的儲錢方法。但我(離港太久)不明白為何說香港比加拿大容易儲錢。香港打工一族的支出不是一般比加拿大多?
你是過來人，有空可否做一個香港家庭和加拿大家庭月入港元四~六萬元(約8千至一萬）作一支出比較。
好題目喎，有機會我拍一條片講
簡單講主要稅有關，食物價格生活水準等有關，仲有好多人唔知嘅活動多左又有關
@@koarlo 簡單來說，我覺得加拿大打工一族儲錢比香港容易。但分別是香港是一個揾快錢的地方。
在加拿大，不需要太多的錢。
病了，有免費醫療，老了，有CPP，OAS和GIS ，當然，在我們退休的生活裡，還有RRSP和TFSA的金錢。
因此，不需要過度儲蓄。
I think it's because lots of people from Hong Kong are not aware that they have been paying a huge amount of implicit tax their whole life.
Sure, income tax is much lower in Hong Kong. But when people rent or buy a home in Hong Kong, it's never immediately obvious that they are actually paying taxes to the government through the real estate developers. Even with the crazy real estate in Vancouver and Toronto, it's still not nearly half as bad as that of Hong Kong. People literallly work their whole life to pay taxes to the Hong Kong government, with the real estate developers being the tax collectors. And when they get old and need money for quality health care, they either sell their home to cover medical bills or just die in order leave something for their kids. It's a pretty aweful existence in my book.
支持Koarlo. 剛聽你講，在TSFA 加元戶口提轉15000美元，去TSFA美元戶口作投資股票用，此筆錢本屬於你TSFA 加元戶口內的賬目，為何CRA話你超出contribution? 請分解，謝謝。
因為要去銀行找專人填寫一張表格，才可以不影響contribution room嘅情況下transfer去另一個TFSA account ， 不能自行做
@@koarlo 'Thank you
@@koarlo RBC 好像可以在線填，通過 MyAdvisor。但是 RBC 能投的項目太少了，主要還是 mutual funds 和 portfolios
睇你啲片實學到嘢👍👍👍
多謝比面，我拍完做資料搜集都一樣學到嘢🤣 但我整個懶人包比大家
@@koarlo 無得頂💯
Hello解釋得好清楚,唔該晒你呀
另外唔知你有冇聽過,如果個人冇任何收入嘅話,每年頭$51,000cad嘅dividened係可以免稅?
Technically dividend from Canadian company is tax free.
wow 好清晰呀 另外可唔可以講多D RRSP既野? 新黎到加拿大唔係太熟 thanks a lot :)
可以，要遲一點，待我準備下
He made a good point already. TFSA is better than RRSP unless your employee do RRSP matching. If you have kids RESP is worth considering too
@@edwinskwok TFSA and RRSp 各有不同稅惠，各有利弊。
请问BMO startup plan每年都要卑年费吗？有吾办法waive 叻？
銀行有些服務一向要收費的，例如保險箱服務，但startup會送比你，當然你下年不用就不會收費啦
thanks for the details of T F S A
Roger Thank you your comment
應該系任何國家城市儲錢都難，樓價生活水準實在太高
KO大哥，有時間可以改正字幕的錯別字嗎？係「繳交」唔係「邀交」。謝謝🙏
Oh...我check下先，字幕裡面打錯了呀，okok ，thank you. 我明明封面都啱，字幕有時真係大意睇漏眼🙏🙏🙏
Why do you care!
交稅咪即是儲咗錢囉
over here US ROTH IRA, small business contribution SEP fund &/IRA.......👍pl shopping around ....
👍👍👍
Thank you ar King Kwong 差d叫左KingKong 🤣🤣
阿佬可以講講即將推出的 FHSA 嗎？
FHSA有機會講下，我都有研究左，主要用嚟買樓，如果40歲前打算買樓嘅話，暫時可以最多儲40,000 真係免稅，而且唔洗好似RRSP咁攞完出嚟要還返入去，不過。。。40,000真係叫做有好過無，無鬼用
@@koarlo 40k 應該是 contribution limit，如果能像 TFSA 那樣投的話，存幾年付首付時應該能翻一倍。
@@tommymairo8964 對 ，是contribution limit
你的年紀和我個仔差不多但你投資方面叻好多我仔比較鍾意使錢不識投資
我都喜歡洗錢。。但無😅😅😅🤣🤣
👍🏼👍🏼👍🏼
Thank you
我會回港
提埋us dividend withholding tax 真係好全面！
有仔女真係要有RESP户口
你真係好全面咁睇喎Ashley🤣🤣👍🏻👍🏻👍🏻💪🙏
其實brokerage 已經幫你扣咗US dividend tax 先入戶口，反正🈶️股息派，🈚️什麼大不了。
网友挺了解的👍
史sir,買VDY, FIE, 每月收息又點睇呀？
Interest is 100% taxable. Dividend of Canadian company is tax free. That it
TD 轉去你BMO, 唔係新移民, 但係新客戶.....用唔用得你條link 幫吓你(我）?😅
哈哈，唔洗專登架🤫🤫 我今次目的提供資訊架咋
剛剛到達加拿大 ，TD的儲蓄利息可以3.05% 大家覺得好吾好呢
BMO係五大行最唔安全之二，成日新聞都話d存戶d錢無啦啦唔見
if you purchase tfsa for stocks too frequently, you will get taxed…
Yes, I was mentioned about it on the video
only if you buy and sell too frequently, purchasing is not a problem
唉 我d mutual fund, 呢幾個月虧左5000幾蚊....
好正常啦，嗰市咁差。。。不過正常現象來
可以虧五千元，嗰本都唔差啦。返身唔難。
@@dovemc6452 好易翻身
@@koarlo 個市跌18％，最差30％，數學題，咁他的本金計都計到啦。
層樓升左30％你唔講，正所謂一日未離埸都未知輸嬴。
CLSS ♥️
🥰 Thank you JoJo
like
Thank you
朕應該唔會有命活到65歲 🤣🤣🤣🤣🤣
我。。都係🤦🏻🤦🏻🤦🏻🤦🏻咁啱嘅
加拿大，不但是萬歲国家，而且係慢衰国家 😄 ，慢衰，慢衰，慢慢衰。
物價通漲和收入不成正比，有錢的越來越有錢，窮的，越來越窮，最慘是我们中等的，福利无，稅一大堆。
Nigeleingable: 我們每天都在用加拿大福利。公車費用是補助的。汽車用的街道，紅綠燈，高速公路是從稅收中建造和維修的。（安省407是私營的，你知一公里收多少錢嗎?）警察，消防服務⋯如果全是私營⋯
再者：我們的稅收也有放在教育，skill trade 方面，我們這一代有受惠，更要我們下一代獲益，我們未來的養老設施，服務都是依賴他們。
Can you not doing commercial promotion ? It is irrelevant to your subject ! Whichever bank is just a channel and would be able to achieve what you are trying to say anyway.
My suggestion is to be perceived like a pro, you need to maintain unbiased perspective. In this TH-cam you have not shown on which bank to choose but promote directly. This makes me think you have a relationship with the bank for your own benefits, not for public interest on how to choose a bank to do investment.
Sek Boy:
他是lol, content creator, 他是influencer. 他為何不可有commercial? 他可以直播帶貨添。他在標題上已註明有paid promotion. 他已申明利益.
加拿大真係好難儲錢什麼都貴
真係有難度
加拿大嘅稅服，講十集都講唔晒，實在好難明。
老實講稅，我都唔係熟悉，唔夠膽隨便講，要做好多搜集，因為可以有好多變化
@@koarlo 呢個TFSA只係可以買加股？可唔可以買美股架？你自己有冇咩TSFA投資心得以有所增長？
可以買美股，我美股個股 ETF都有，加拿大嘅ETF都有
其實可以化繁為簡：有tax 又有credit 就容易了解概念。
Sir KO you can talk about the saving strategy statistic as much as you want but you must have the initial saving in order to invest truth of the matter is MONEY TALK BULL SHIT WALK when you have the initial amount saved up ready to tackle the wide open market then do your diligence to find out what investment is best for you buying bricks and mortar mutual fund or whatever just make sure that you are brave enough to face the storm be that good or bad time ie winning or losing try not to lose Sleep over Canada is operating on a Progressive Taxation system ----- Rich share with the poor ie the HAVE share with the HAVE NOT the more you earn / make the more tax you pay which is fair Canadian are enjoying a exceedingly over the top comprehensive social benefit safety net system such as Healthcare Education Policing Social Welfare you name it they have that covered ------ no complain Senior are well taken care of there CCP OAS Income Supplement for those who are below the fresh hold government manage our money and the citizen have the right to spend those money which belong to the public there are viewers who express their discontent of buying insurance which is a form of security protection just remember Canada is a free country no one is pointing a Revolver in your head and force you to take up on those offers if you are not happy with the sales pitch just turn the TV off or tell the Door to Door sales personnel that you are not interested in the matter------- more often than not they will never bother you again but when you have TOOTH ACHE CAR CRASH then don't bunch your face don't cry like a baby life is good in Canada
Good points