That psychological point sure resonates with me, especially now that my stocks took a little dip. The passive income and DRIP purchases is a reminder that my stocks are still working for me.
You got it buddy! That mental boost of receiving monthly or quarterly dividends makes a HUGE difference, especially if the market is down and you see red losses across the board! =)
Great video Adrian. You are the most easy to understand concise presenter on this platform. Agree with you 100%. That compounding drip power is amazing. For some of these younger investors, I’d suggest googling a drip calculator picking a blue chip, turn on the drip and look at a 10 year time frame. They will be amazed.
Thank you Will for those kind words! I really appreciate that and I'm happy to hear that my videos are helpful and accessible! And you're right! Compounding power truly is the eighth wonder of the world, as a pretty smart guy once said 😉
Thanks very much for sharing👍 I learned from your video and started to buy dividend stocks a year ago, now I am receiving $1,150/month dividends even some stock prices dropped, but I don't really care about current price now, I will keep buying when I have money😀
Another great video. If i may ill share a something here. Consistency is key. i suggest you calculate your expenses. Then try your best to keep your necessity spending bellow 50% of what you make. This will take some fine tuning in your habits, contracts etc. Then allocate about 10% as your play money. This amount you can spend of fun things etc. Next if you have debt - calculate what youll pay in interest or just % they charging you. The more draining the debt the more % of your income you allocate to it. Allocate a minimum of 3% to your "giving money" - this you spend on friends, gifts, charity (increase if desired or needed, cant forget about social capital). Invest a minimum of 10% of every paycheck. Play around with your numbers but that 10% is a must. Listen to this awesome guy in the video above (i wish i found this years ago but theres no time like the present) It is important to make a habit of dividing your paycheck when it comes in, into these categories, preferably they need to be in different accounts or keep a record on paper of what you can spend in each category that month/paycheck/day etc.) Always have 4-6 month emergency cash saved up (i know the recession right now is eating at that but create a plan for emergencies.) Smooth sailing from here.
Adrian, this channel is so amazing!!. You are so organized and concise with your content, and a fantastic teacher. Following your information has helped me build wisdom and confidence as an investor, and even in this downturn I’m excited and kicking butt in my portfolio! I attribute that to what I’ve learned from your videos, and now I’m getting my kids to watch you also! And of course, they’ll love the t-shirts too😂👏👏
I agree about the psychological benefit, however, I try to focus on valuation above all else - doesn't matter if they're reinvesting, buying back, or paying dividends with their FCF as long as I can get a good price!
The only way to make money is not by selling, you can explore the options world and sell covered calls on your growth stocks :). I am trying to keep balance of both ✌️
Your videos are so helpful for beginners like us! Have you ever thought of turning this into a podcast? Please do so. I guess many people would love to listen about these finances over podcast!
I was thinking the same thing about FB yesterday. I mostly ignore the stock market results for the day. My most fun comes from recording my annual dividend estimate in my investing journal each day. It is amazing to see the annual dividends grow almost daily.
Its not the only way you can make money on growth stocks, to "buy low and sell high". You can also look into options trading although this is a lot more complex then the average investor cares to do.
I've always been interested but I've never invested before but decided tonight to set up a TFSA. Thanks for all your helpful videos, they're probably the most useful and actually informative videos that I've come across when it comes to investing specifically as a Canadian. Going to buy a drip whenever my fund transfer comes through
You got it buddy! I'm happy to hear that my videos were helpful and I hope you used my referral link to open your Questrade account to get that $50 signup bonus for you 🙂
In case you need help setting up your TFSA account check out my step-by-step tutorial on HOW TO OPEN AN INVESTING ACCOUNT in CANADA =) th-cam.com/video/uoOBRUY8IXQ/w-d-xo.html
Great video, thank you for sharing your inputs on dividend investing. In my opinion, there really is no better investment strategy to deploy during both the booming times and the uncertain times like now... It requires PAYtience which ultimately pays off. I am happy to report, after starting in 2019, I just crossed the 100K mark in my account all from DGI, ayoo!
When are you going to have a pod cast!? I think this would be the best one available for money stuff!! Thanks for your easy to understand but super informational videos!
I am absolutely buried in projects these past several months but I am definitely planning on starting a podcast! I might just convert some of my older videos into an audio only podcast but I don't know when I'll have the time to start that! Stay tuned! =)
Hello Adrian !!! Can you make a video of the 3 best #Vanguard dividends ETF's Vs 3 best #BlackRock dividends ETF's into de Canadian Market 🇨🇦 Thank you very much
Great video, Adrian, thanks! What do you think of Labrador Iron Ore Royalty Corp and its fluctuating dividend and weird high yield? I'm wary of a 17% yield but I'm considering it for my TFSA.
I sold my Rio Can . Bought @ $14 sold @ $25. willing to lose the dividend to get a great profit! will buy it again when it goes on sale. Kept all the commodity stocks oil/gas/electric etc.
Well timed! I'm glad it worked out for you but remember, it is impossible to time the market on a regular basis! You might be waiting a LONG time to buy the stock again on sale and in the meantime, you could be missing out on months or years of dividends! Historically speaking, staying invested in the market is the easier and more profitable approach! I cover this in my BUY THE DIP video here =) th-cam.com/video/h9G1CV-oujI/w-d-xo.html
Being down $1K on my TFSA doesn't even faze me any more and seeing all these discounted stocks makes me want to buy more. Gonna put that government money to good use before I spend it on unnecessary things 😅. Thanks for the great content!
That is EXACTLY what I want to hear! That's the hardest part of investing, being able to see those red losses and NOT freak out and panic. Instead, turn the script around, get EXCITED and buy quality stocks on sale! 😁
Great timing on your video, Adrian! Appreciate your encouragement to continue to invest during these dips! I don’t feel as bad this time around (vs 2008/2009) when the bottom fell out but all I had were mutual funds & cashing out wasn’t a good idea. Now I choose better options inside my TFSA
Thank you Missy, I really appreciate that! And yes, I'm glad to hear that you have taken more control of your own financial situation and moved away from Mutual Funds. It really is terrifying how much money the fund managers effectively steal from you over the years from those ridiculous management fees. Especially considering the fact that most Mutual Funds perform WORSE than the general market!
Just in case you still have money in Mutual Funds, check out my video on HOW TO TRANSFER STOCKS and FUNDS into QUESTRADE for your TFSA or RRSP accounts =) th-cam.com/video/Bf1zufNlQSk/w-d-xo.html
Hey Adrian, nice video as always! Would you also consider making video on GICs which at the moment giving very good interest rates after the rate hikes by banks. I have seen CIBC GICs give 5% for 5 years lock-in period. Even the cashable ones are giving 2.15% (flexible) while 3.25% (variable).
Enjoy your videos! Packed with great information and I learn something new each time I watch. Simple explanations and not confusing at all. Very inspiring to collect dividends every month or quarterly. I am down quite a bit during this crash but holding for the long term like you said! Always look forward to your next video. Thanks for putting in the work!
Absolutely! Check the Description box below each video, I include links to some of my personal favourite finance, investing, tax and entrepreneurship books that have helped me over the years =)
So for maximum tax efficiency, you would save money holding the USD version of the ETF in your RRSP since you won't be paying any taxes. If you hold an ETF that pays US dividends in your TFSA, you WILL be charged those 15% US Withholding taxes on those dividends since they hold US companies. If it's an ETF that barely pays a dividend, it's not a big deal but if it's a big dividend player, definitely hold it in USD and hold it in your RRSP to avoid those taxes =)
And check out my NORBERT'S GAMBIT Tutorial to learn how to convert CAD into USD without paying any currency conversion fees! This will save you a ton of money! =) th-cam.com/video/q6Q1dzK8vts/w-d-xo.html
@@CanadianTShirt Thank You very much. I ask this question though, with my RRSP being maxed out and me wanting to continue to grow dividends in a TFSA. I'm not sure what component to hold the currency in. US or CAD? Or if it makes any of a difference. Much Appreciated!
Hello. We totally agree with tour teachings! I have been investing for nearly 30 years, and my strategy has changed over time. I am now retired and will invest in blue chip stocks that pay dividends. I have 12 stocks so receive cash every month to supplement my pension. Just want your thoughts please. I noticed that due to the dividend tax credit i only have a tax liability levied on my pension income. It appears i do not have to pay any taxes on my dividend income as the dividend tax credit reduces my liability considerably. Is that your observation?
My non refundable tax credit is 3300 and dividend tax credit is 11.5k. My tax payable is 17k which dropped to 3000 and change due to those credits. My tax payable is the amount that was deducted at source from pension income. I took a major reduction on pension income cuz i took early retirement at 52 years old.
Just want to thank u for your podcast material. You are an excellent lecturer and instructor!!! I agree with everything you preach: it is not how much u make but how much u keep!!!!
Adrian, during these dips could we also buy the same stocks in an RRSP? (Like the good ones in a TFSA) I still have room in my RRSP, and wondering if I should cash in on dips. Thank you
Absolutely! When it comes to Canadian dividend stocks, they are both 100% tax-sheltered in either a TFSA or RRSP. It doesn't matter! I just prioritize US dividends in the RRSP since that is the only way to avoid the 15% withholding tax on US dividends. So my TFSA is exclusively Canadian stocks and my RRSP is mostly US stocks but I still hold some Canadian stocks in my RRSP as well, especially since I have more RRSP room than TFSA room =)
Thank you, for confirming the possibility of purchasing dividend stocks in an RRSP, in addition to a TFSA. I remember you said you use yours for US dividends. I’ll open an RRSP this month, keep a record of it (similar to my TFSA) but unlike my TFSA, Questrade will be required to provide a statement/slip for my RRSP contributions. Many thanks, Adrian.
@@missygilly9917 exactly! With the RRSP, Questrade will provide a tax slip (go to Account Management -> Tax Slips) and you'll see a confirmation of your RRSP contributions for the year. You might see 2 separate slips: one for the regular year and one for the first 60 days of the following year (Jan & Feb) Remember with RRSP contributions, those contributions in the first 60 days can be used to deduct your previous year's taxable income =)
How does it work when I have to do my income taxes in the beginning of the year if I earn dividends out of the tax shelters account, pls? Do you have any video on this matter? Tks
I will be making a WHOLE video about how taxes work for non-registered investment accounts since there is a ton to talk about! Dividends, capital gains and interest income are all taxed differently which I will break down. Stay tuned! =)
Thanks for another great video, Adrian! Are Canadian dividend stocks good to hold in a non-registered account? I have maxed out my TFSA and RRSP and would like to open a cash account, but I'm not sure what kind of stocks to hold in it for tax efficiency. Would love to hear your opinion. Thanks!
Reviewing my position on a good low cost cdn ETF. Also trying to streamline my portfolio. I have positions in XIC and XIU but based on performance, (not just fees) I’m thinking XIU is the way to go. Overall, 1% better annually over longer term. Thoughts?
Hey Rogerio! Yes you can definitely message me on Instagram if you have more sensitive questions and we can arrange a call but feel free to check out the rest of the videos in my MILLENNIAL INVESTING GUIDE playlist to learn everything about investing =) th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
@@CanadianTShirt Thank you Adrian. I'm going to advance as far as I can with your Guide but will surely contact you if I have specific questions! Congratulations on your channel and your excellent videos!
Thank you Adrian. I just had a question from you and if you answer it you would help me alot. I am a newcomer with my wife and living in Toronto I have about 6k and government still pays me money maybe 6 months more. I tried to save that money as an emergency fund or use it for developing myself or even run a bussiness but as market crashed and every stock got cheaper I thought for myself that it's time to buy those stocks at a discount and I don't know how long more are they gonna stay cheaper like this. what do you think I should do or what would you do if you were like me now? I really need your suggestion.
Buddy, i live in Toronto as well. First calculate your month expenses, then calculate 6 months of expenses and that is your emergency fund, it still does not has 6 months of expenses as emergency funds then u are not ready to invest. U would need more money.
Hi Adrian, great and timely subject, subscribed to your channel. Have a portfolio question here. I would like to build a cash account portfolio that yields about 20K of eligible dividend per year. Given only financial, utilities, telecom and energy/pipelines sectors yield on average 4% in Canada I am thinking of buying 4-5 blue chips stocks within each sector mentioned in equal amount for a total portfolio of 500K over several years. Would this be a good idea for a long term hold, collecting dividend income and get preferential tax treatment? Thanks
can you do a video on how much one would need to do a automatic drip on ENB, GSY, and banks stocks? thank you. i dont know how that calculation is done.
Check out my DRIPS EXPLAINED video where I show you how to calculate the DRIP Amount Required for ANY stock or ETF and I provide a free Excel Spreadsheet that you can use to help with the calculation =) th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
If you watch any of my DIVIDEND STOCKS / ETFs videos (light blue thumbnail) I always include the DRIP amount required for each stock. Check out this video here on my FAVOURITE CANADIAN DIVIDEND STOCKS to see the DRIP amount required for ENB and Bank Stocks like TD, BMO and MFC =) th-cam.com/video/_UBlF1WDvNo/w-d-xo.html
Hey Adrian, quick question. I'm quite confused with this. For example you bought the stock for $40 a share. Suddenly, the value of the stock drops at $30. Does the rate of the dividend which you receive monthly change or stays the same?
Once you already buy the share, the dividend yield doesn't really matter. What matters is how many shares you own and how much each share pays in dividends! Let's say you bought 100 shares at $40 with a Dividends-per-share of $1 every quarter, so you'll earn $4 per year in dividends. Buying it at a share price of $40, you are locking in a 10% dividend yield ($4 in dividends dividend by $40 share price). But now months later the share price dropped to $30. That doesn't affect you because you already own those 100 shares and you are still earning $1 per share every quarter! So your dividend income is the same!
Sure if you were to buy MORE shares at this discounted price of $30, now your dividend yield is higher: Dividend yield = $4 per year / $30 per share = 13.3% But your existing shares you bought originally at $40 are still paying the same dividend every quarter. The share price changing doesn't affect that. The only thing that affects your dividend income at that point is the # of shares you own (if you buy or sell more) or if the company raises their dividend. I hope that helps =)
Hey Adrian, another great video. I was wondering what is the best way to research a REIT before purchasing? Would you go straight to the annual report to see what properties they own and who are their clients? Any other watch outs?
When it comes to evaluating a REITs operating income and dividend sustainability, net income isn't good enough since it doesn't account for real estate specific metrics, instead you want to use the Funds From Operations (FFO) This is a value that you will have to obtain from the quarterly financial reports, you won't find it listed on Yahoo Finance or websites like that =)
@@CanadianTShirt would you be able to do a video of how to transfer a Wealthsimple US stock (that you own) to your Questrade account (if that is possible) please?
Hey Adrian, What is the process to be personal income tax preparer here in Canada. I want to pursue it part-time, as I am in engineer. Great content - BTW! Thank youu
I've got you covered! Check out my last video I launched 3 weeks ago on the BEST CANADIAN DIVIDEND STOCKS ON SALE! =) th-cam.com/video/x1Uch7qZcvo/w-d-xo.html
Hey Adrian, I have a question that is not related to this video. I want to open a rrsp account on questrade but there is only an option that is stated has "RSP". Is it the same thing has an RRSP account? Will I still be able to aply the deduction on my yearly salary? Thank you in advance!
Yes, they are exactly the same thing, it's just a name change! In early 2020, a lot of the big banks renamed the RRSP to the RSP account to make it easier but it's still the exact same thing. I talk about this in my RRSP Explained videos =) th-cam.com/video/gcYlQl6hF6w/w-d-xo.html
Hey man! Question as you bring up dividends and growth. When I signed up for WST, my promo stock was AC.TO and I thought I had to buy that stock (x2). I've learned that's not the case but bag holding two AC shares now in my TFSA. Is it ideal/possible to sell the stock and buy something else that would pay a dividend? Right now AC is just loosing value and not doing anything, I feel that money can be used better
Hi Adrian I’m just wondering what you think of this ? Ben Felix portfolio manager from PWL Capital (has TH-cam channel almost 300k subscribers) says that dividends do not matter at all and investing in dividend stocks is irrational. You are missing on a return from stocks that don’t pay dividends. It’s purely psychological making investors feel good seeing a cash flow in their accounts. When market goes down all the stocks go down including blue chips and selling some shares in a market downturn for income it’s not different than receiving dividends. He says that the best approach is to invest in low cost index funds capturing the entire stock market.
By the way, when you buy VFV even though this is an ETF in Canadian dollars, you are buying US stocks so your dividends will be taxed a 15% US Withholding tax! Instead, if you bought the USD version of the ETF (VOO) it contains the exact same 500 companies, it has lower management fees and if you hold it in an RRSP, you'll be able to avoid that 15% withholding tax on that dividend! I hope that helps =)
I love dividend stocks as much as anyone. My thought however is that many of these blue chip dividend stocks are such stable investments, they do not experience much of a dip in the downturn we are in. Growth stocks however experience significant downturns and can be picked up for a massive deal right now! What are your thoughts on buying deals on growth stocks now, and then continue investing in dividend stocks once the market improves?
Absolutely it's possible to lose money! Investing is NEVER guaranteed but if you've seen the other videos in my Millennial Investing Guide (green thumbnails) then you know that if you invest in the LONG TERM then you are historically guaranteed to be profitable! In the short term, the market can be volatile but in the long term, it always grows =)
Hi Adrian Thank you for your content. I am using Questrade with your training for more than 1.5 year now ! Would it be possible to see graphically the monthly/quarterly dividends from the shares I own ? (I know that we can extract a list of dividend in Questrade eports\account_activity and I wonder if you could show us a kind of pivot table or trend you can create with these data to track the dividends received.) Thx
@@CanadianTShirt I just recently got into the market,(literally a month ago)but I've been learning about it for almoat two years. I've been following the 4 steps to grow your wealth strategy you laid out.i haven't had much debt in years, and my expenses are pretty low, but back then I had almost no emergency fund. Your videos convinced me I should probably do that first. Now that I finally have a quality emergency fund, nows the time to get invested. I've watched most of your videos and found them to be gold.
@@Syn_Slater That's the most important thing! I'm glad you have your emergency fund topped up! Now you can rest assured and know that the money you invest with won't NEED to be touched in the case of an emergency. You NEVER want to be forced to sell stocks, since you might sell them at a low point =)
I showed you a quick glimpse of my TFSA portfolio with Questrade but if you want to see my FULL portfolio (entire TFSA and RRSP) then check out my MEMBERS-ONLY videos! =) th-cam.com/play/PLj8bU3AuW2qHw4ucQx8EYZTOKUM6LcYV6.html
To join my membership program, it will cost $5 a month if you want to help support my channel! If you just want to see my portfolio and that's it, you can join, watch my exclusive videos and then cancel if you like. Your call! =)
@@MillionAir-c8k oh no no I only hold Canadian Dividends in my TFSA! All of my US dividends including ETFs (like SCHD which I own and I have talked about in many videos) I hold in my RRSP since the RRSP is the only place to avoid paying taxes on US Dividends! If you hold US dividend in a TFSA, you will be charged a 15% withholding tax which I talk about in greater detail in my TFSA MISTAKES video here =) th-cam.com/video/s4cBibLATOU/w-d-xo.html
@@CanadianTShirt thanks for the reply i really appreciate it! :) i was thinking of investing schd in my tfsa since it has a lot more room to put even though 15% witholding tax because us dividend etf has dividend but much more growth to it than canadian dividend etf.. do you think this is a bad idea??
Hi Adrian, Thank you for your useful content. I am an international student here. I am studying Masters in Engineering at the same time I have very keen interest in Taxation and accounting. I intend to be a personal income tax preparer here in canada, is there any course or certification that I would need for that? I have been looking it up but unable to find any correct response. Thank you
Which Promo code? To sign up with Questrade? Click my referral link here and my referral bonus will automatically pre-populate for you =) www.questrade.com/?refid=5d8edb4648e18
No I don't, I am not invested in any cruise companies because they are quite speculative and I am not convinced of their long term future. I want to own companies that I KNOW will still be around and profitable 20 years from now! Feel free to play around with cruise stocks but know that it is definitely a risk so only play with money you are comfortable with losing =)
@@maaadjoa741 Those are SPAM accounts! They copy my profile pic (and sometimes even my name too) but this one has a WhatsApp # as their profile name. PLEASE report anything suspicious like that! I try my best to block and remove those scammer accounts but sometimes I can literally get dozens in a day and I can't catch them all....
@@maaadjoa741 Notice that whenever I ACTUALLY reply to you in the comments, my name "Canadian in a T-Shirt" will be highlighted in grey. If you don't see that, then it is an IMPOSTER!
Thanks Jesse! Yes it's so annoying, I get a new scammer / imposter almost on a daily basis here! I try my best to block / report them ASAP but some still slip through! The Instagram scammers are even worse because I can't block them! I can only ask you guys to report them and even so, it usually takes Instagram a month or two to take them down.....
Nice video Adrian! I missed this one earlier. 3 things I think we can all do during this crazy markett as always: keep working, keep saving and keep investing. DG value stocks never disappoint 😁
Unfortunately the JOIN button doesn’t appear on iPhones. It should be underneath the video, next to Subscribe. It’s an annoying Apple issue but it WILL work on any laptop, including Macbooks and on Android devices. If you click the link below, it should take you to my home page and a popup window will automatically come up with details on the membership benefits and how to join: th-cam.com/channels/SadrZbocL562URt0QDF3eA.htmljoin I hope that helps and thank you for your support! 🙏
"Stay a while and listen" 😉 I LOVE Diablo 2! Check out my BOOKSHELF TOUR video where I show off all my classic video games behind me! =) th-cam.com/video/hgCxbdcRRqw/w-d-xo.html
For purely Canadian stocks, if you're only buying $100 at a time then yes you will save money on commission fees using WealthSimple. But if you want to buy ETFs, then both WealthSimple and Questrade will be commission free and Questrade has WAY more features (like DRIPs, transfers, multiple types of accounts, etc) And if you are ever going to invest in US stocks, then Questrade is the clear winner! WealthSimple Trade will cost you a ton of money in conversion fees if you buy US stocks, even with their $10 monthly plan. I'll be covering this in an upcoming video =)
@@CanadianTShirt thank you for the great information. Really appreciate it. I look forward to the video that was going to be one of my questions. A lot of people ask that.
That psychological point sure resonates with me, especially now that my stocks took a little dip. The passive income and DRIP purchases is a reminder that my stocks are still working for me.
You got it buddy! That mental boost of receiving monthly or quarterly dividends makes a HUGE difference, especially if the market is down and you see red losses across the board! =)
Great video Adrian. You are the most easy to understand concise presenter on this platform. Agree with you 100%. That compounding drip power is amazing. For some of these younger investors, I’d suggest googling a drip calculator picking a blue chip, turn on the drip and look at a 10 year time frame. They will be amazed.
Thank you Will for those kind words! I really appreciate that and I'm happy to hear that my videos are helpful and accessible! And you're right! Compounding power truly is the eighth wonder of the world, as a pretty smart guy once said 😉
You know the guys is legit when he has starcraft box behind him.
hahaha where do you think I learned my resource collection strategy? 😉
Thanks very much for sharing👍
I learned from your video and started to buy dividend stocks a year ago, now I am receiving $1,150/month dividends even some stock prices dropped, but I don't really care about current price now, I will keep buying when I have money😀
That's incredible!!!! That's more monthly income than I'm getting from my dividends! Keep it up buddy! 😁
Thanks, Adrian! 👍 🇨🇦
Every Canadian should watch you, to get absolutely necessary knowledge and as a part of financial wellness! 👍 🇨🇦
Thank you Lex for those kind words! I really appreciate that! 😁
Another great video. If i may ill share a something here. Consistency is key. i suggest you calculate your expenses. Then try your best to keep your necessity spending bellow 50% of what you make. This will take some fine tuning in your habits, contracts etc. Then allocate about 10% as your play money. This amount you can spend of fun things etc. Next if you have debt - calculate what youll pay in interest or just % they charging you. The more draining the debt the more % of your income you allocate to it. Allocate a minimum of 3% to your "giving money" - this you spend on friends, gifts, charity (increase if desired or needed, cant forget about social capital). Invest a minimum of 10% of every paycheck. Play around with your numbers but that 10% is a must. Listen to this awesome guy in the video above (i wish i found this years ago but theres no time like the present) It is important to make a habit of dividing your paycheck when it comes in, into these categories, preferably they need to be in different accounts or keep a record on paper of what you can spend in each category that month/paycheck/day etc.) Always have 4-6 month emergency cash saved up (i know the recession right now is eating at that but create a plan for emergencies.) Smooth sailing from here.
Adrian, this channel is so amazing!!. You are so organized and concise with your content, and a fantastic teacher. Following your information has helped me build wisdom and confidence as an investor, and even in this downturn I’m excited and kicking butt in my portfolio! I attribute that to what I’ve learned from your videos, and now I’m getting my kids to watch you also!
And of course, they’ll love the t-shirts too😂👏👏
I agree about the psychological benefit, however, I try to focus on valuation above all else - doesn't matter if they're reinvesting, buying back, or paying dividends with their FCF as long as I can get a good price!
Of course! A stock valuation is ALWAYS important! Even dividend stocks can be overvalued, but this is generally less common =)
I love the "realized" gains of dividend investing.
Exactly! That money is in YOUR pocket! You cannot lose it, even if the market crashes tomorrow =)
The only way to make money is not by selling, you can explore the options world and sell covered calls on your growth stocks :). I am trying to keep balance of both ✌️
Your videos are so helpful for beginners like us! Have you ever thought of turning this into a podcast? Please do so. I guess many people would love to listen about these finances over podcast!
Im a fan of your work sir. By far the best channel for beginners.
Thank you Sadri for those kind words, I really appreciate it! I'm glad that my videos have been helpful and accessible, especially for beginners! =)
I was thinking the same thing about FB yesterday. I mostly ignore the stock market results for the day. My most fun comes from recording my annual dividend estimate in my investing journal each day. It is amazing to see the annual dividends grow almost daily.
You're absolutely right! Being able to track the dividend growth year after year gives me a HUGE boost of encouragement! =)
This couldn’t have come at a better time, awesome video man!
You got it Manny! That's what I try to do! I'm glad you found it helpful! 😁
This guy deserves a million subscribers
Thanks man! I appreciate that! 🙏
Feel free to share my videos with your friends and family to help me get there! =)
@@CanadianTShirt definitely bro, great content especially for beginner investors. Followed you on blossom as well :)
I love that man! Thanks for sticking with me! 😊
Its not the only way you can make money on growth stocks, to "buy low and sell high". You can also look into options trading although this is a lot more complex then the average investor cares to do.
Yes that is true but I definitely do NOT recommend options trading for beginners. It is significantly more risky and much more can go wrong!
Great Scott! Watched and liked, thanks Adrian!
Thanks Jason, as always! I was so close to wearing my DeLorean T-Shirt before filming 😉
Amazing video to keep us level headed and on the right path in these panic times.
You got it Eric! That's what I try to do! 😁
I've always been interested but I've never invested before but decided tonight to set up a TFSA. Thanks for all your helpful videos, they're probably the most useful and actually informative videos that I've come across when it comes to investing specifically as a Canadian. Going to buy a drip whenever my fund transfer comes through
You got it buddy! I'm happy to hear that my videos were helpful and I hope you used my referral link to open your Questrade account to get that $50 signup bonus for you 🙂
In case you need help setting up your TFSA account check out my step-by-step tutorial on HOW TO OPEN AN INVESTING ACCOUNT in CANADA =)
th-cam.com/video/uoOBRUY8IXQ/w-d-xo.html
Great video, thank you for sharing your inputs on dividend investing. In my opinion, there really is no better investment strategy to deploy during both the booming times and the uncertain times like now... It requires PAYtience which ultimately pays off. I am happy to report, after starting in 2019, I just crossed the 100K mark in my account all from DGI, ayoo!
Amen to dividends! Love you and your channel.I always learn something
When are you going to have a pod cast!? I think this would be the best one available for money stuff!! Thanks for your easy to understand but super informational videos!
I am absolutely buried in projects these past several months but I am definitely planning on starting a podcast! I might just convert some of my older videos into an audio only podcast but I don't know when I'll have the time to start that! Stay tuned! =)
What do you think of high dividend covered call ETFs or split share funds (>8%)?
Always a fan of dividends, especially in these times 👌🇨🇦
You got it! It makes a HUGE difference especially when everything is in the red! =)
Hello Adrian !!!
Can you make a video of the 3 best #Vanguard dividends ETF's Vs 3 best #BlackRock dividends ETF's into de Canadian Market 🇨🇦
Thank you very much
Excellent explanation. Knowledge is power.
Thank you for that! I couldn't agree more! Never stop learning! =)
Great video, Adrian, thanks! What do you think of Labrador Iron Ore Royalty Corp and its fluctuating dividend and weird high yield? I'm wary of a 17% yield but I'm considering it for my TFSA.
I sold my Rio Can . Bought @ $14 sold @ $25. willing to lose the dividend to get a great profit! will buy it again when it goes on sale. Kept all the commodity stocks oil/gas/electric etc.
Well timed! I'm glad it worked out for you but remember, it is impossible to time the market on a regular basis! You might be waiting a LONG time to buy the stock again on sale and in the meantime, you could be missing out on months or years of dividends! Historically speaking, staying invested in the market is the easier and more profitable approach! I cover this in my BUY THE DIP video here =)
th-cam.com/video/h9G1CV-oujI/w-d-xo.html
Being down $1K on my TFSA doesn't even faze me any more and seeing all these discounted stocks makes me want to buy more. Gonna put that government money to good use before I spend it on unnecessary things 😅. Thanks for the great content!
That is EXACTLY what I want to hear! That's the hardest part of investing, being able to see those red losses and NOT freak out and panic. Instead, turn the script around, get EXCITED and buy quality stocks on sale! 😁
That’s the spirit!
I am down $70K lol
Ooh wow well said. Everything. Agreed, bravo, voilà.👍
Thanks Pink Gandalf! I love the name by the way! You Shall Pass 😉
Great timing on your video, Adrian! Appreciate your encouragement to continue to invest during these dips! I don’t feel as bad this time around (vs 2008/2009) when the bottom fell out but all I had were mutual funds & cashing out wasn’t a good idea. Now I choose better options inside my TFSA
Thank you Missy, I really appreciate that! And yes, I'm glad to hear that you have taken more control of your own financial situation and moved away from Mutual Funds. It really is terrifying how much money the fund managers effectively steal from you over the years from those ridiculous management fees. Especially considering the fact that most Mutual Funds perform WORSE than the general market!
Just in case you still have money in Mutual Funds, check out my video on HOW TO TRANSFER STOCKS and FUNDS into QUESTRADE for your TFSA or RRSP accounts =)
th-cam.com/video/Bf1zufNlQSk/w-d-xo.html
Thank you, I’ll watch your link.
Another awesome video!
So much enthusiasm.
You got it buddy! That's what I try to do! =)
Hey Adrian, nice video as always! Would you also consider making video on GICs which at the moment giving very good interest rates after the rate hikes by banks. I have seen CIBC GICs give 5% for 5 years lock-in period. Even the cashable ones are giving 2.15% (flexible) while 3.25% (variable).
You called it buddy and thank you 🙏
That's what I do! Focus on the long term! =)
Great Video. I always follow your advice
Thank you Shubham! I really appreciate that =)
Enjoy your videos! Packed with great information and I learn something new each time I watch. Simple explanations and not confusing at all. Very inspiring to collect dividends every month or quarterly. I am down quite a bit during this crash but holding for the long term like you said! Always look forward to your next video. Thanks for putting in the work!
thanks plz do a video on how to invest in a NON REGISTER ACCOUNT and how to do taxes for it.
Dividends are the best!!
You got it Paul! They are super addicting too! =)
Dividend are true passive income.
You are absolutely correct! You literally don't have to do ANY work! =)
Great video as always. Thanks Adrian!
My pleasure! I hope you found it helpful and I hope you get to buy some dividends on sale! =)
Did you read any investment books? If so, do you have any recommandation
Absolutely! Check the Description box below each video, I include links to some of my personal favourite finance, investing, tax and entrepreneurship books that have helped me over the years =)
Do the company/questtrade here charge and consider buying a stock as a new trade and charge on it. Please throw some light on this,
If buying a US dividend etf, does it make more sense to hold that in a CAD TFSA or USD TFSA?
So for maximum tax efficiency, you would save money holding the USD version of the ETF in your RRSP since you won't be paying any taxes. If you hold an ETF that pays US dividends in your TFSA, you WILL be charged those 15% US Withholding taxes on those dividends since they hold US companies. If it's an ETF that barely pays a dividend, it's not a big deal but if it's a big dividend player, definitely hold it in USD and hold it in your RRSP to avoid those taxes =)
And check out my NORBERT'S GAMBIT Tutorial to learn how to convert CAD into USD without paying any currency conversion fees! This will save you a ton of money! =)
th-cam.com/video/q6Q1dzK8vts/w-d-xo.html
@@CanadianTShirt Thank You very much. I ask this question though, with my RRSP being maxed out and me wanting to continue to grow dividends in a TFSA. I'm not sure what component to hold the currency in. US or CAD? Or if it makes any of a difference. Much Appreciated!
Hello. We totally agree with tour teachings! I have been investing for nearly 30 years, and my strategy has changed over time. I am now retired and will invest in blue chip stocks that pay dividends. I have 12 stocks so receive cash every month to supplement my pension. Just want your thoughts please. I noticed that due to the dividend tax credit i only have a tax liability levied on my pension income. It appears i do not have to pay any taxes on my dividend income as the dividend tax credit reduces my liability considerably. Is that your observation?
When it comes to Canadian eligible dividends they are taxed very favourably! Much better than regular income!
And if you are in the lowest tax bracket, you can actually get away without paying taxes on those dividends in some situations
What is your income now in retirement? Including the pension
My non refundable tax credit is 3300 and dividend tax credit is 11.5k. My tax payable is 17k which dropped to 3000 and change due to those credits. My tax payable is the amount that was deducted at source from pension income. I took a major reduction on pension income cuz i took early retirement at 52 years old.
Just want to thank u for your podcast material. You are an excellent lecturer and instructor!!! I agree with everything you preach: it is not how much u make but how much u keep!!!!
5:47 "bubble burts" lol
Oh lord.... colour me embarrassed 😅
Cool! Nice video! Thank you for sharing it. ✌️
My pleasure! I'm glad you found it useful! =)
Adrian, during these dips could we also buy the same stocks in an RRSP? (Like the good ones in a TFSA) I still have room in my RRSP, and wondering if I should cash in on dips. Thank you
Absolutely! When it comes to Canadian dividend stocks, they are both 100% tax-sheltered in either a TFSA or RRSP. It doesn't matter! I just prioritize US dividends in the RRSP since that is the only way to avoid the 15% withholding tax on US dividends. So my TFSA is exclusively Canadian stocks and my RRSP is mostly US stocks but I still hold some Canadian stocks in my RRSP as well, especially since I have more RRSP room than TFSA room =)
Thank you, for confirming the possibility of purchasing dividend stocks in an RRSP, in addition to a TFSA. I remember you said you use yours for US dividends. I’ll open an RRSP this month, keep a record of it (similar to my TFSA) but unlike my TFSA, Questrade will be required to provide a statement/slip for my RRSP contributions. Many thanks, Adrian.
@@missygilly9917 exactly! With the RRSP, Questrade will provide a tax slip (go to Account Management -> Tax Slips) and you'll see a confirmation of your RRSP contributions for the year. You might see 2 separate slips: one for the regular year and one for the first 60 days of the following year (Jan & Feb) Remember with RRSP contributions, those contributions in the first 60 days can be used to deduct your previous year's taxable income =)
How does it work when I have to do my income taxes in the beginning of the year if I earn dividends out of the tax shelters account, pls? Do you have any video on this matter? Tks
I will be making a WHOLE video about how taxes work for non-registered investment accounts since there is a ton to talk about! Dividends, capital gains and interest income are all taxed differently which I will break down. Stay tuned! =)
Thanks for another great video, Adrian! Are Canadian dividend stocks good to hold in a non-registered account? I have maxed out my TFSA and RRSP and would like to open a cash account, but I'm not sure what kind of stocks to hold in it for tax efficiency. Would love to hear your opinion. Thanks!
Great Content and Insights. 🙏
Thank you Reza! I'm happy to hear you found it useful! =)
Reviewing my position on a good low cost cdn ETF. Also trying to streamline my portfolio. I have positions in XIC and XIU but based on performance, (not just fees) I’m thinking XIU is the way to go. Overall, 1% better annually over longer term. Thoughts?
Hi Adrian. Do you do personal consulting? I am 45, have a stable job, but don't know how to invest ...
Hey Rogerio! Yes you can definitely message me on Instagram if you have more sensitive questions and we can arrange a call but feel free to check out the rest of the videos in my MILLENNIAL INVESTING GUIDE playlist to learn everything about investing =)
th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
@@CanadianTShirt Thank you Adrian. I'm going to advance as far as I can with your Guide but will surely contact you if I have specific questions! Congratulations on your channel and your excellent videos!
Thank you Adrian. I just had a question from you and if you answer it you would help me alot. I am a newcomer with my wife and living in Toronto I have about 6k and government still pays me money maybe 6 months more. I tried to save that money as an emergency fund or use it for developing myself or even run a bussiness but as market crashed and every stock got cheaper I thought for myself that it's time to buy those stocks at a discount and I don't know how long more are they gonna stay cheaper like this. what do you think I should do or what would you do if you were like me now?
I really need your suggestion.
Buddy, i live in Toronto as well. First calculate your month expenses, then calculate 6 months of expenses and that is your emergency fund, it still does not has 6 months of expenses as emergency funds then u are not ready to invest. U would need more money.
Hi Adrian, great and timely subject,
subscribed to your channel. Have a portfolio question here. I would like to build a cash account portfolio that yields about 20K of eligible dividend per year. Given only financial, utilities, telecom and energy/pipelines sectors yield on average 4% in Canada I am thinking of buying 4-5 blue chips stocks within each sector mentioned in equal amount for a total portfolio of 500K over several years. Would this be a good idea for a long term hold, collecting dividend income and get preferential tax treatment? Thanks
can you do a video on how much one would need to do a automatic drip on ENB, GSY, and banks stocks? thank you. i dont know how that calculation is done.
Check out my DRIPS EXPLAINED video where I show you how to calculate the DRIP Amount Required for ANY stock or ETF and I provide a free Excel Spreadsheet that you can use to help with the calculation =)
th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
If you watch any of my DIVIDEND STOCKS / ETFs videos (light blue thumbnail) I always include the DRIP amount required for each stock. Check out this video here on my FAVOURITE CANADIAN DIVIDEND STOCKS to see the DRIP amount required for ENB and Bank Stocks like TD, BMO and MFC =)
th-cam.com/video/_UBlF1WDvNo/w-d-xo.html
What do you think CPX ( capital power corp) ?can you analyze? 謝謝
I don't own direct stocks with CPX but I do have some exposure through my ETFs =)
Hey Adrian, quick question. I'm quite confused with this. For example you bought the stock for $40 a share. Suddenly, the value of the stock drops at $30. Does the rate of the dividend which you receive monthly change or stays the same?
Once you already buy the share, the dividend yield doesn't really matter. What matters is how many shares you own and how much each share pays in dividends! Let's say you bought 100 shares at $40 with a Dividends-per-share of $1 every quarter, so you'll earn $4 per year in dividends. Buying it at a share price of $40, you are locking in a 10% dividend yield ($4 in dividends dividend by $40 share price).
But now months later the share price dropped to $30. That doesn't affect you because you already own those 100 shares and you are still earning $1 per share every quarter! So your dividend income is the same!
Sure if you were to buy MORE shares at this discounted price of $30, now your dividend yield is higher:
Dividend yield = $4 per year / $30 per share = 13.3%
But your existing shares you bought originally at $40 are still paying the same dividend every quarter. The share price changing doesn't affect that. The only thing that affects your dividend income at that point is the # of shares you own (if you buy or sell more) or if the company raises their dividend. I hope that helps =)
Hey Adrian, another great video. I was wondering what is the best way to research a REIT before purchasing? Would you go straight to the annual report to see what properties they own and who are their clients? Any other watch outs?
I cover this in my REITS EXPLAINED video here! =)
th-cam.com/video/4j0VuUQHpB8/w-d-xo.html
When it comes to evaluating a REITs operating income and dividend sustainability, net income isn't good enough since it doesn't account for real estate specific metrics, instead you want to use the Funds From Operations (FFO) This is a value that you will have to obtain from the quarterly financial reports, you won't find it listed on Yahoo Finance or websites like that =)
Very good Adrian.
Thank you Anne-Marie! I'm glad you found it helpful! =)
Such a valuable video. This a 💎. Thank you Adrian
Thanks Neville! I really appreciate that! =)
@@CanadianTShirt my pleasure
@@CanadianTShirt would you be able to do a video of how to transfer a Wealthsimple US stock (that you own) to your Questrade account (if that is possible) please?
Hey Adrian,
What is the process to be personal income tax preparer here in Canada. I want to pursue it part-time, as I am in engineer.
Great content - BTW!
Thank youu
Thanks Adrian. Great content
My pleasure! I hope you found value in this video! 🙂
Best Dividend stocks to buy right now?
I've got you covered! Check out my last video I launched 3 weeks ago on the BEST CANADIAN DIVIDEND STOCKS ON SALE! =)
th-cam.com/video/x1Uch7qZcvo/w-d-xo.html
Always great idea .
You got it Sheila! Happy investing! =)
Hey Adrian, I have a question that is not related to this video. I want to open a rrsp account on questrade but there is only an option that is stated has "RSP". Is it the same thing has an RRSP account? Will I still be able to aply the deduction on my yearly salary? Thank you in advance!
Yes, they are exactly the same thing, it's just a name change! In early 2020, a lot of the big banks renamed the RRSP to the RSP account to make it easier but it's still the exact same thing. I talk about this in my RRSP Explained videos =)
th-cam.com/video/gcYlQl6hF6w/w-d-xo.html
Hey man! Question as you bring up dividends and growth. When I signed up for WST, my promo stock was AC.TO and I thought I had to buy that stock (x2). I've learned that's not the case but bag holding two AC shares now in my TFSA. Is it ideal/possible to sell the stock and buy something else that would pay a dividend? Right now AC is just loosing value and not doing anything, I feel that money can be used better
Hi Adrian
I’m just wondering what you think of this ? Ben Felix portfolio manager from PWL Capital (has TH-cam channel almost 300k subscribers) says that dividends do not matter at all and investing in dividend stocks is irrational. You are missing on a return from stocks that don’t pay dividends. It’s purely psychological making investors feel good seeing a cash flow in their accounts.
When market goes down all the stocks go down including blue chips and selling some shares in a market downturn for income it’s not different than receiving dividends. He says that the best approach is to invest in low cost index funds capturing the entire stock market.
Do i have to open a tfsa with my bank before i open it with my brokeradge?
Not at all! You can and should open a TFSA investing account directly with your brokerage, Questrade is my favourite in Canada 🇨🇦
Check out my Tutorial on HOW TO OPEN AN INVESTING ACCOUNT IN CANADA with Questrade here =)
th-cam.com/video/uoOBRUY8IXQ/w-d-xo.html
hi I bought 5 shares of vfv last month and I just received a dividend of 1.15.
Way to go! Keep it up! 😁
By the way, when you buy VFV even though this is an ETF in Canadian dollars, you are buying US stocks so your dividends will be taxed a 15% US Withholding tax! Instead, if you bought the USD version of the ETF (VOO) it contains the exact same 500 companies, it has lower management fees and if you hold it in an RRSP, you'll be able to avoid that 15% withholding tax on that dividend! I hope that helps =)
@@CanadianTShirt does it make much difference holding the voo in the usd rsp vs the cad rsp? The bank gave me 2 accounts.
Same for TFSA? Or does VFV vs VOo make sense there?
What do you think about the stock Greenlane renewables have you ever heard of it
I haven't heard of it, I will have to look into the metrics before I can comment on it =)
@@CanadianTShirt alright let me know if you do
Great video!
Thanks Reshawn! I really appreciate that! =)
I love dividend stocks as much as anyone. My thought however is that many of these blue chip dividend stocks are such stable investments, they do not experience much of a dip in the downturn we are in. Growth stocks however experience significant downturns and can be picked up for a massive deal right now! What are your thoughts on buying deals on growth stocks now, and then continue investing in dividend stocks once the market improves?
Would I ever lose more money than I invest?
Absolutely it's possible to lose money! Investing is NEVER guaranteed but if you've seen the other videos in my Millennial Investing Guide (green thumbnails) then you know that if you invest in the LONG TERM then you are historically guaranteed to be profitable! In the short term, the market can be volatile but in the long term, it always grows =)
Hi Adrian
Thank you for your content. I am using Questrade with your training for more than 1.5 year now !
Would it be possible to see graphically the monthly/quarterly dividends from the shares I own ? (I know that we can extract a list of dividend in Questrade
eports\account_activity and I wonder if you could show us a kind of pivot table or trend you can create with these data to track the dividends received.)
Thx
Thank you lots!
Thank you so much Rami! I'm glad you found it helpful! =)
Another great video! Thanks!
Thank you Syn! I'm glad you found it helpful! =)
@@CanadianTShirt I just recently got into the market,(literally a month ago)but I've been learning about it for almoat two years. I've been following the 4 steps to grow your wealth strategy you laid out.i haven't had much debt in years, and my expenses are pretty low, but back then I had almost no emergency fund. Your videos convinced me I should probably do that first. Now that I finally have a quality emergency fund, nows the time to get invested. I've watched most of your videos and found them to be gold.
@@Syn_Slater That's the most important thing! I'm glad you have your emergency fund topped up! Now you can rest assured and know that the money you invest with won't NEED to be touched in the case of an emergency. You NEVER want to be forced to sell stocks, since you might sell them at a low point =)
Thanks for the tips! Would you mind showing your portfolio?
I showed you a quick glimpse of my TFSA portfolio with Questrade but if you want to see my FULL portfolio (entire TFSA and RRSP) then check out my MEMBERS-ONLY videos! =)
th-cam.com/play/PLj8bU3AuW2qHw4ucQx8EYZTOKUM6LcYV6.html
To join my membership program, it will cost $5 a month if you want to help support my channel! If you just want to see my portfolio and that's it, you can join, watch my exclusive videos and then cancel if you like. Your call! =)
@@CanadianTShirt is there reason why you only invest in canadian dividend stocks? Instead of like schd or jepi?
@@MillionAir-c8k oh no no I only hold Canadian Dividends in my TFSA! All of my US dividends including ETFs (like SCHD which I own and I have talked about in many videos) I hold in my RRSP since the RRSP is the only place to avoid paying taxes on US Dividends! If you hold US dividend in a TFSA, you will be charged a 15% withholding tax which I talk about in greater detail in my TFSA MISTAKES video here =)
th-cam.com/video/s4cBibLATOU/w-d-xo.html
@@CanadianTShirt thanks for the reply i really appreciate it! :) i was thinking of investing schd in my tfsa since it has a lot more room to put even though 15% witholding tax because us dividend etf has dividend but much more growth to it than canadian dividend etf.. do you think this is a bad idea??
Thank you :D
It's my pleasure! I hope you found this lesson valuable! 🙏
Hi Adrian,
Thank you for your useful content. I am an international student here. I am studying Masters in Engineering at the same time I have very keen interest in Taxation and accounting. I intend to be a personal income tax preparer here in canada, is there any course or certification that I would need for that? I have been looking it up but unable to find any correct response. Thank you
Do you have the promo code I can put in?
Which Promo code? To sign up with Questrade?
Click my referral link here and my referral bonus will automatically pre-populate for you =)
www.questrade.com/?refid=5d8edb4648e18
And if you want to see exactly HOW to setup a new account check out my step-by-step tutorial here =)
th-cam.com/video/uoOBRUY8IXQ/w-d-xo.html
Do you have a video about Royal caribbean cruise stock?
No I don't, I am not invested in any cruise companies because they are quite speculative and I am not convinced of their long term future. I want to own companies that I KNOW will still be around and profitable 20 years from now! Feel free to play around with cruise stocks but know that it is definitely a risk so only play with money you are comfortable with losing =)
@@CanadianTShirt thank you.
I dont understand why I keep getting suspicious contact from you to connect with whatsapp. I don't believe you are a scam.
@@maaadjoa741 Those are SPAM accounts! They copy my profile pic (and sometimes even my name too) but this one has a WhatsApp # as their profile name. PLEASE report anything suspicious like that! I try my best to block and remove those scammer accounts but sometimes I can literally get dozens in a day and I can't catch them all....
@@maaadjoa741 Notice that whenever I ACTUALLY reply to you in the comments, my name "Canadian in a T-Shirt" will be highlighted in grey. If you don't see that, then it is an IMPOSTER!
Hey Adrian, I know you probably already know this but i think someone is using your youtube image - scroll down to the comments to see.
Thanks Jesse! Yes it's so annoying, I get a new scammer / imposter almost on a daily basis here! I try my best to block / report them ASAP but some still slip through! The Instagram scammers are even worse because I can't block them! I can only ask you guys to report them and even so, it usually takes Instagram a month or two to take them down.....
Nice video Adrian! I missed this one earlier. 3 things I think we can all do during this crazy markett as always: keep working, keep saving and keep investing. DG value stocks never disappoint 😁
You got it buddy! Those are key takeaways to remember anytime, whether the market is in a boom or a bust! =)
Is Canada's GDP dropping?
It's too early to tell but Canada's unemployment rate is still super low which is definitely a good sign =)
Agree…👍👍👍
Thanks buddy! I'm glad you found value in my video! =)
There is no button to join
Unfortunately the JOIN button doesn’t appear on iPhones. It should be underneath the video, next to Subscribe. It’s an annoying Apple issue but it WILL work on any laptop, including Macbooks and on Android devices.
If you click the link below, it should take you to my home page and a popup window will automatically come up with details on the membership benefits and how to join:
th-cam.com/channels/SadrZbocL562URt0QDF3eA.htmljoin
I hope that helps and thank you for your support! 🙏
@@CanadianTShirt all i want is to learn and learn
What’s the #1 dividend stock you are buying today?
I answer that very question in my latest video that I JUST launched this morning! =)
th-cam.com/video/s89lmeYWzhA/w-d-xo.html
Nice t shirt bro
Thanks Space Cowboy 😉
@@CanadianTShirt your best part is you reply on comments 🌟🌟
@@DotCom-kg9mwI'm gonna carry that weight...
People who haven't seen the show will have no idea what I'm saying 😆
Yaay first comment!
Way to go buddy!!! I think this is the first time you won the trophy? 🏆
Let's see if you can win it twice in a row! 😉
lol....I'm too invested in Gamestop now ;-;
haha ouch.... 😅
CIBC is 146$ , they split shares, 62$ now, (58$ Oct 20th ) make sure u giving right info
What are you talking about? This video was made 3 months ago and this was after the share split... Where are you getting that $146 from.....
My man has Diablo 2 Battle Chest on the shelf like a damn gangster.
"Stay a while and listen" 😉 I LOVE Diablo 2!
Check out my BOOKSHELF TOUR video where I show off all my classic video games behind me! =)
th-cam.com/video/hgCxbdcRRqw/w-d-xo.html
@@CanadianTShirt I'll check it out! I appreciate your videos, I only have a little 2k tfsa started but I've found your advice so useful! Cheers!
Do you still recommend using Questrade over Wealthsimple for those only by $100 of Canandian stocks at a time? I appreciate your help
For purely Canadian stocks, if you're only buying $100 at a time then yes you will save money on commission fees using WealthSimple. But if you want to buy ETFs, then both WealthSimple and Questrade will be commission free and Questrade has WAY more features (like DRIPs, transfers, multiple types of accounts, etc) And if you are ever going to invest in US stocks, then Questrade is the clear winner! WealthSimple Trade will cost you a ton of money in conversion fees if you buy US stocks, even with their $10 monthly plan. I'll be covering this in an upcoming video =)
@@CanadianTShirt thank you for the great information. Really appreciate it. I look forward to the video that was going to be one of my questions. A lot of people ask that.