How to Start Investing Money For The First Time - Why You Need To Passively Invest & How To Do It!

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  • เผยแพร่เมื่อ 22 ธ.ค. 2024

ความคิดเห็น • 64

  • @stephandden
    @stephandden  3 ปีที่แล้ว +4

    Check out the Wealthsimple Invest platform ($50 Sign Up Bonus) here wealthsimple.sjv.io/VyadoM & the Wealthsimple Trade platform ($25 Cash Bonus) here - wealthsimple.sjv.io/WDXEBZ ✨

  • @Maiasgameroom
    @Maiasgameroom 2 ปีที่แล้ว +2

    Starting off with a financial advisor, but now that I know about Wealthsimple, I'll definitely consider switching over when my debt is down and I'm a bit more knowledgeable 👍🏾 Great video!

  • @mapete24
    @mapete24 3 ปีที่แล้ว +5

    This is my favourite investing channel. Thanks Steph and Dan. The personal examples really help understand some of the concepts. Looking forward to following your journey!

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Thanks so much, Marvin! 😊

  • @JessieEmile
    @JessieEmile 2 ปีที่แล้ว +1

    Okay, here’s the video I was looking for. Thank you both for your work

    • @stephandden
      @stephandden  2 ปีที่แล้ว

      Yay, glad you found it & thanks for watching! 😊

  • @highenergynutrition
    @highenergynutrition ปีที่แล้ว

    This video is great and thank you so much! A question I’m not getting answered from your videos so far is how to automate index investing with Questrade? Seems PPPs are only available through mutual funds and that I have to make each purchase of an index fund ticker symbol like VCN manually every time. Would love your help with this!

  • @xoReni
    @xoReni 3 ปีที่แล้ว +7

    This was broken down so well! Thanks for sharing 🙌🏾

  • @daniellen.5148
    @daniellen.5148 3 ปีที่แล้ว +2

    Been binge watching your videos over the past week! Thank you so much for creating this content. Love your channel and excited to watch my investments grow alongside yours 🚀

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Amazing, thanks so much Danielle! 😊✨

  • @adventurousbec
    @adventurousbec 3 ปีที่แล้ว

    I was interested in the article Den mentioned around the 7:55 mark, is it posted?

  • @CMWUR
    @CMWUR 3 ปีที่แล้ว +1

    Been watching your investing videos all day so this came at a perfect time!!

    • @stephandden
      @stephandden  3 ปีที่แล้ว +1

      Woo love the timing! Thanks for watching, Alanna 😊✨

  • @cameronrbarclay
    @cameronrbarclay 3 ปีที่แล้ว +1

    What do you guys think about RBC direct investing compared to wealthsimple?

  • @Erica-cp8lb
    @Erica-cp8lb 2 ปีที่แล้ว +2

    Thank you both for making videos that are not super overwhelming and don’t make me cry. I feel like I’m super late to investing (late twenties) but better than never right? 😅

    • @stephandden
      @stephandden  2 ปีที่แล้ว +2

      Absolutely better late than never! You've got this 😊🎉

    • @mdte5421
      @mdte5421 2 ปีที่แล้ว

      I’m 46 so be happy 😇

  • @vivianaarboledag.4928
    @vivianaarboledag.4928 3 ปีที่แล้ว

    Thank you both for making these videos, they are amazing. You both are very easy to understand. I'm so happy I found your channel

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Thanks for watching! So glad you're finding the videos helpful 😊

  • @zarmeenjamilkhan417
    @zarmeenjamilkhan417 3 ปีที่แล้ว +2

    This was amazing!! Can you guys please make a video regarding taxes on investing gains - how much is taken if you withdraw within a year, or later, and how to invest within the tfsa. Thanks!!

    • @stephandden
      @stephandden  3 ปีที่แล้ว +1

      Thanks so much 😊 & great suggestions!

  • @tabp7330
    @tabp7330 3 ปีที่แล้ว

    My fav youtubers back at it again with an amazing video! Keep it up!

    • @stephandden
      @stephandden  3 ปีที่แล้ว +1

      Thank you! 🙌🏾🙌🏻

  • @princekaguo
    @princekaguo 3 ปีที่แล้ว

    Rewatching this entire playlist and building my financial plan, cheers guys!

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Amazing! 🙌🏾🙌🏻

  • @marinaromero4953
    @marinaromero4953 3 ปีที่แล้ว

    Thank you so much for all the videos! You are teaching me so much about investing! Sending love from Argentina!

    • @stephandden
      @stephandden  3 ปีที่แล้ว +1

      Thanks Marina, so glad they’re helpful! 😊

  • @ing1018
    @ing1018 3 ปีที่แล้ว

    How do I get my wealth simple account to look like steph’s as in mine doesn’t show how much room to contribute and all that stuff. It only shows how much is in there & what I have made . Or is it a different type of account she opened? Great video , I am learning soo much from your channel. Keep up the good work!

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Hey, Lou! That's specifically for the TFSA because there's a contribution maximum - is that the same account you have? And thank you for watching! 😊

  • @Rhy-vd6dg
    @Rhy-vd6dg 3 ปีที่แล้ว

    All of your videos have PERFECT timing with the order of my life rn, thank you 🙏🏽😭😭

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Yay we love that! 🙌🏾🙌🏻

  • @tylergerrard4939
    @tylergerrard4939 3 ปีที่แล้ว

    CNR and AQN are looking like some of the best Canadian pickups. I sold HEXO on Friday and added to my CNR and AQN positions......I actually picked up some Air Canada shares as well as a testing the waters situation.

  • @JamaGreekCrew
    @JamaGreekCrew 3 ปีที่แล้ว +1

    Loving your videos binge watching everything investing its crazy how the universe works when u start to think and manifest what u want

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Thanks for watching! 😊✨

  • @ruthdecady8018
    @ruthdecady8018 3 ปีที่แล้ว

    Just found your channel! Love it!

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Yay, welcome!! Glad you're here 😊

  • @Healthyhabits06
    @Healthyhabits06 3 ปีที่แล้ว

    This video was so helpful thank you! If i start contributing to my TFSA through wealthsimple does my money come out of my TFSA with RBC? Or is it like having two separate "bank" accounts? Im currently saving for retirement and also for a condo/townhouse with an approx goal of 5 years from now. Should I save for retirement in TFSA as investments and then keep the rest in a regular savings account? Or should I just invest all in TFSA and pull out what I need in the future for housing? So many options haha

  • @nesbitt48
    @nesbitt48 3 ปีที่แล้ว +1

    Loving the investment videos, helping me stay on track and motivated with my own investments 👍🏼👍🏼

  • @thinkinvesting8022
    @thinkinvesting8022 3 ปีที่แล้ว +8

    Anyone who lives on less then they make needs to learn how to invest for their future.

  • @smartinez943
    @smartinez943 3 ปีที่แล้ว

    Thanks for sharing ☺️ Is your high interest savings account with Wealthsimple too? Or another bank?

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Thanks for watching! It's w/ EQ Bank 😊

  • @karend7487
    @karend7487 3 ปีที่แล้ว

    Thanks for another great video guys! Learning so much from your content! 👍

  • @daniel.woodcock
    @daniel.woodcock 3 ปีที่แล้ว

    Great video, offers a easy way to invest that anyone can understand.
    I fell that keeping consistent with your investing over decades will be the hardest thing to do.

    • @ferozali7312
      @ferozali7312 3 ปีที่แล้ว

      Thanks for watching..
      You can also contact me through..
      Always available 👍 on WhatsApp..+1-4-0-8-5-0-8-4-8-2-1..

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Thanks Daniel! 😊

  • @TheSuperHeroOfLove
    @TheSuperHeroOfLove 3 ปีที่แล้ว

    Time for me to catch up on some My Fav Toronto TH-camrs Content! Sending a Ton of Love and Light for your Weekend ahead! Enjoy the heat wave both of You!

    • @stephandden
      @stephandden  3 ปีที่แล้ว +1

      Woo happy Saturday! Have a great weekend 🙌🏾🙌🏻✨

    • @TheSuperHeroOfLove
      @TheSuperHeroOfLove 3 ปีที่แล้ว

      @@stephandden Thank You My Friends! 🙏❤️😊

  • @Tobb_226
    @Tobb_226 3 ปีที่แล้ว

    Hey guys my name is tobi, and I’m kind like her. My dad took me to the bank at the age of 15, got my first job at 15 and I have been saying my money to the bank but not getting nun bank. I’m 18 now and just became a manager but need help on what to invest in?

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      Hey Tobi! 😊 Check out our 'How To Invest' playlist for more!

  • @ornela2
    @ornela2 3 ปีที่แล้ว

    Commenting before watching lol( for the algorithm)

    • @stephandden
      @stephandden  3 ปีที่แล้ว

      We appreciate you! 🙌🏾🙌🏻

  • @vvkouna
    @vvkouna 3 ปีที่แล้ว

    How do you know that the investments you make this way don't go against your values? For instance, I wouldn't want to find out my "retirement fund" is funding a war in another country :O

    • @stephandden
      @stephandden  3 ปีที่แล้ว +1

      Great question! You can specifically invest in 'socially responsible' portfolios - Wealthsimple offers this 😊