@@smileyface112 I answered your same question in another comment below but basically, you just invest with whatever amount of cash you have available. If you have $1000, invest with $1000. The # of shares only really matter when you are trying to calculate how much you need to qualify for a DRIP. Check out my DRIP Explained video to see that calculation =) th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
I'M HAPPY BEYOND WORDS THAT YOUR CHANNEL EXISTS!! Thank you soooooo much for your super informative, and super engaging videos! Keep up the great work!
Apples are the one fruit that do not grow from seed. Orchards are built from grafting root stock. Apple seeds are not variety based genetically, they contain all apple genetics. Only an bitter crabapple tree can grow from an apple seed.. aside from that analogy..loved the video! Lol
omigosh exactly my thoughts. It's always densely packed with informationn. The best Canadian investment channel on TH-cam. I've watched videos of the other popular canadian investment youtubers, but Canadian in a tshirt is the best. This reminds me, we don't know your name?!
I wish this video - or honeslty your whole channel had more viewers. I've learned so much watching your videos in two days, than I have just reading for the whole month. Your content is great! Thanks so much for sharing!
Wow... As somebody really absorbed in his work I thought it would be extremely time-consuming to learn about finance and investment. But you keep the matter so simple and easy to understand in 15 -30 min which is awesome. Thanks, @Canadian in a T-Shirt and keep it up.
Thank you! I really appreciate that and I'm glad to hear that my videos have been engaging and helpful! I try my best to be straight to the point and not waste anyone's time =)
I wish I came across your channel earlier. Your channel should be known to every new investor out there. Thank you for making these videos and sharing your knowledge.
Thanks for watching and commenting don’t forget to hit the subscribe button for more head way into crypto consultation text my broker on TELE GRAM at @sylviatrades....
I have watched SO many videos over the course of the last 2-3 weeks and your videos are by far the easiest to understanding, the least overwhelming and extremely relatable. It's broken down investing for me, how taxes in Canada work (I am an international student and just got a job, so trying to understand all this has been so tough) and just makes me feel like I can do this lol. Thank you so much!!
Thank you so much Rayshena for those kind words, I truly appreciate that! 🙏 The whole reason I started this channel was to make money and investing accessible to absolute beginners, especially new Canadians so I'm so happy to hear that my videos have made an impact! Keep it up! =)
I'm in my early 30's and have a decent amount of money saved in TSFA and RRSP, but without knowing too much about how it all works. Appreciate the videos! I can now improve my investment portfolio and start to make additional gains :)
My TH-cam search stumble upon you and love your energy, it catches my attention as a newbie in the stock market. There was a lot of flickering in this video thou. Also I find it confusion which video to look at next because they are not listed in a sequence. I would appreciate it if you can guide me the sequence so I can continue learning. Thank you very much, your videos are very detailed and information for any beginners.
Thank you Dhana and welcome to my channel! I apologize for the video quality! This was one of my oldest videos where I was still using my cell phone to record so the quality is definitely not as good as my later ones! I would suggest that you check out my playlists, especially my Millennial Investing Guide here: th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html I order them in such a way that it should be accessible and make sense for a beginner starting from scratch! =)
I would like to say thanks again for taking the time to help everyone here out. I've personally started investing this year at 23 years old heavily, with zero knowledge. With your channel it's helped me gain confidence and getting out of my comfort zone!
Wow! Thanks buddy for those kind words! I really appreciate that and I'm happy that I was able to play a smart part in your investing journey! Keep it up buddy! =)
That's a great idea! I prefer index fund ETFs versus mutual funds since they are much much cheaper in terms of the annual fee (sometimes over 20 times cheaper). Check out the Best Canadian ETFs to hold in your TFSA =) th-cam.com/video/hXrN5EVCp8Y/w-d-xo.html
The $50 referral bonus is a rebate, you won’t receive $50 cash. When you buy stocks, you will be charged the commission fee as usual and then Questrade will reimburse you that commission after a few days, for a total rebate amount of $50. I hope that helps =)
@@bhaskerreddybhasu1435 Enbridge isn't an ETF... it's a stock! I talk about Enbridge stock in detail in this video on the best Canadian Dividend stocks, check it out! =) th-cam.com/video/G_TF2wyqn9s/w-d-xo.html
Both of them are important to have in your portfolio but if I had to pick only one, I would go with dividends. You get overall less risk and you have two sources of income =)
Thank you so much for those kind words and I'm really glad that you found me! I hope you enjoy the rest of my MILLENNIAL INVESTING GUIDE playlist! =) th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
Thank you so much for sharing your knowledge. You are helping a lot of canadians. Will binge watch all your video, its so informative. I am currently taking down notes to remember all these new info. 🙂
I usually don't care about the # of shares, it's more how much money I have. If I have $1000 to invest, I simply divide $1000 by the share price to determine # of shares. However, if my plan is to setup a DRIP, then I perform a calculation to see how many shares I need to buy to qualify for a DRIP. Check out my DRIP Explained video where I go over this calculation =) th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
Welcome to the channel and thank you for supporting me! I just used Apple since it's a very clear and well-known example of the benefit of investing in the LONG TERM versus the short term fluctuations =)
YES!!!! This makes me so happy! You are awesome Jodie! I'm so happy that you are getting interested in investing and building your financial future at such a young age, that's incredible! Please feel free to reach out if you ever have any questions! 😄
Adrian you have the best and easiest learning tool for beginners. Thank you for sharing such important information. What would you tell a person who has $140,000.00 that needs to be invested for income. This person has zero dollars in their TFSA and is 60 yrs young. Help!
Thank you so much for those kind words! And wow! That is a great problem to have!! 😆 First thing for sure would be to max out your TFSA. If you have never opened a TFSA you will have $69,500 of room right now, with another $6,000 coming in 2021. Check out my stock pick videos to see what stocks and ETFs you should put in your TFSA, mainly Canadian dividend assets =) th-cam.com/play/PLj8bU3AuW2qFD4sCsCxXdaAADlyiP8bqB.html Now you have $70K left, decide how much you should put into a savings account for emergencies and daily spending. I recommend a high interest savings account with EQ Bank or Alterna Bank or Motive Financial, they all offer about 2% interest rate on savings. Whatever is left over, will have to be invested in your margin account. You will have to pay taxes on all capital gains and dividends in your margin account that's why it's important to max out your TFSA first. In your situation, an RRSP isn't super useful since you will have to close your RRSP when you turn 71 and you will be taxed on those withdrawals.... This is a huge question and impossible to answer in a small comment but I hope this was able to help somewhat =)
Much appreciated as always. Loved every minute. Some friendly feedback: you might want to check the mike setup because it keeps popping on low frequencies :)
ok everyone says put your emergency money or house money in a savings account at modest 2%. But where is this 2%????? Scotiabank pays like 0.05% and like on a savings accelerator promotion, it's like 1.5% ON PROMOTION.. regular rate is 0.30%. So where is this 2%? Which of the big 5 canadian bank offers this? The only bank i hear about is EQ which is an online bank. Is that your suggestion for the 2%? Anyways, thanks a lot for your videos. I think i'm commenting for the first time. But i've been binging on your videos since i discovered your channel. I've started investing on Questrade. I find you to be the most sensible from all the Canadian investment gurus here on TH-cam.
This video was made before the market crash... back then there were dozens of banks offering interest rates around 2.5%.... Unfortunately, since the crash the federal government slashed interest rates to all time lows.... The big banks will always offer the worst interest rates, instead look for the smaller digital banks. They offer better rates to compete with the big banks! Right now the best high interest savings account is EQ Bank which currently offers 1.5%. Feel free to use my referral link below if you want to open an account =) api.fintelconnect.com/t/l/5f0699315cf09e001bd26973
Another option is to shop around for promotional rates! Right now Tangerine is offering a promotional rate of 2% but only until the end of March.... after that promotion runs out, I'll move my savings back to EQ to get that 1.5% I hope that helps! =)
Question: was that table showing gain or loss of stock market investments 2:18 including losses from inflation? Stumbled across your videos today, liking everyone as I watch them. Love them.
Hi Adrian, yes I too am curious on the table as well, would just like to know what context you used, I looked at the history of the S&P 500 between those years and did find that some 20 year periods did lose. Loving your content though, haven’t been able to find very many Canadian teachers in investing, especially for beginners, so thank you so much!
Hi Adrian! Thanks for great videos! Help me decide what TFSA stocks I should buy for a beginner like me! You do have a video on your personal choice of stocks, don’t you?
You got it Jenn! I have a WHOLE PLAYLIST of videos on my favourite Canadian Dividend Stocks and ETFs to buy in your TFSA so check it out! =) th-cam.com/play/PLj8bU3AuW2qFD4sCsCxXdaAADlyiP8bqB.html
Thanks Samson! I'm really glad to hear that my videos are helpful! That's exactly why I started this channel, there is SO MUCH great financial content out there but it's all targeted towards Americans... If you're interested in more Canadian focused investing advice I can also recommend: Brandon Beavis Investing and Ben Felix. They've both been doing this for years so they have hundreds of videos. Happy investing! =)
I'll be making a whole video about Questwealth portfolios. I personally don't use it since I like to have total control of my investments and I enjoy doing the research and making the decisions. However, if you want a purely hands-off approach where you can just put money in and let them invest on your behalf, Questwealth or WealthSimple roboinvesting is a GREAT option and it will be MUCH cheaper than most Mutual Funds at the banks which also advertise the hands-off benefits. I hope that helps! =)
Thank you so much for this amazing video. Do you think you would be able to make a video highlighting some initial investments you had made when you were a young investor? Going in to detail with things like how much you invested and why that particular amount, and what made you select specific stocks to buy into.
James, you read my mind! For sure! I wanted to finish my investment series, breaking down bonds, ETFs, mutual funds and GICs in the next two videos and then I was going to make a video outlining my personal investing journey of how I started and another video actually showing you guys my portfolio and why I chose the investments that I did. I know that seeing someone else's portfolio would have been really helpful for me when I got started. Stay tuned! =)
I'm so greatful to have come across this channel. You explain everything with such detail but yet understandable. I feel like this is such hard info to come across. I hope your channel blows up. Definitely sharing with my friends and family.
I wish!!! Unfortunately, when the stock market crashed in March 2020, interest rates across the board plummeted to all time lows... The best savings account in Canada right now is EQ Bank, they offer an interest rate of 1.5% (it used to be 2.5% but with interest rates plummeting, this is the best you'll find) EQ Bank has no minimum balance and no monthly fees! Use my referral link below if you'd like to open an account =) api.fintelconnect.com/t/l/5f0699315cf09e001bd26973
Riocan is paying %10 dividends right now.... Should I avoid investing? Seems high, but I'm sure they'll bounce back after the crisis. New to stocks btw
I mistakenly borrowed us $ 26,000 in my margin account to buy shares, I would like to know how to repay this amount with Questrade. should I sell all my shares to pay it back ?
Hey I l;oe your video series and I think they will be great but I just had a question/something I wanted to clarify. Like from the segment around 3:15 , you advise long term investing and for the retirement which I totally agree but what if you are someone who already has a job with a decent retiremnt pension and my goal is more to, increase my yearly gains I guess you could say without having to do a second job. Like I still want to invest long term, but not towards retirement you know. More for fun projects and stuff that usually make you loose money (cars etc.). I still feel like growing my wealth and following your videos will lead me to there but do you have a different take for people who's goal is like that or you would say to still keep doing the same and I guess what would be different is taking money more often from your investments compared to someone who's goal is for retirement? For context just hit 24 here have a decent government job at around 70k a year.
Love this channel, hate the ads though. For anyone who is wondering: any of those ads you see about amazon fda, day-to-day investing, etc.. don't sign up, it's not free, it asks for your credit card, it's a scam. I used my email to get past the first step.. asked for everything about you after that.
Unfortunately I have NO CONTROL over what ads show up in front of my videos... that's all handled by TH-cam and it is based on your search history etc... The only thing I can control is the category of ad, I only allow skippable ads (I HATE non-skippable ads with a passion so I would never subject you guys to those)
But yes always be wary of anything you see online, especially if they are making promises that seem too good to be true! If you ever see anything promising to "get rich quick" this is a scam! Be careful guys! =)
@@CanadianTShirt yea. I only left this comment to warn the others. I like your channel a lot, and I'm about to watch your playlist of videos for millennial investing guide :)
Let me start with saying your videos are great and very easy to understand. Im very new to this channel and I do not know much about stocks yet. After listening to some of your videos, i have a question, can you please explain how is this good when you cant make money when you are young and can use it to have a better life but instead you will make some money after you are retired and old and dont need much money anyway. Thanks
This is the most organized guy on TH-cam , love how you give references and you order your videos by sequence , you are most certainly the man , appreciate all the hard work your doing
Yes I do make a lot of effort and thought into planning out my content and making them organized. That's why I colour-code my thumbnails (green = investing, silver = taxes, etc) which I don't know if anyone else is doing.. But I'm glad that it doesn't go unnoticed! 😁
Hi Adrian I want to invest but all of this is new to me as I am new to Canada. I want to invest in index funds. Do you suggest Questrade or Wealth Simple? How do I begin?
why shouldn't I put my savings into an investment if I am buying a house next year, wouldn't it be nice to have bit capital gain. But I will end up wasting my TFSA limit...:(
Yes it would be nice to have a bit of a capital gain BUT investing in the short term is VERY RISKY!!! One year from now, you might make a profit but you are just as likely to LOSE money! Investing in the stock market is historically guaranteed to be profitable in the long term, 10+ years but one year from now, we have no idea if the stock market will be up or down... If you NEED that money to buy a house one year from now, do NOT risk that money in the stock market. Instead, hold it in a high interest savings account so that the money is 100% safe and you can earn some small interest as well! My favourite High Interest Savings Account in Canada right now is with EQ Bank, they offer 1.7% interest rate and no monthly fees! Use the link below! api.fintelconnect.com/t/l/5f0699315cf09e001bd26973 I hope that helps! =)
I’m so thankful for your videos. I know you are gearing info to millennials but I’m approaching 60 and unwisely had relied on someone else to look after finances. After some hard lessons I’m Now I’m assuming full responsibility for my own prosperity and starting at ground zero learning all this! You break it down so well. Maybe make a video on wealth generation with shorter runways for us in later life? Thanks for the Great info you share every time!
Thank you Mandy! I really appreciate that and I'm truly happy to hear that my videos have played a role in your financial journey! That's a great idea for a video! The rule of thumb is that as you approach retirement, you want to avoid riskier moves and focus on more conservative investments like bonds and secure dividend stocks and ETFs =)
Adrian Thank you so much for your videos. I found your TH-cam channel just last night bu I cannot stop myself from watching. Great information and education!
Thank you for the kind words! I'm glad that I could help you get started in the world of investing. Please let me know if you have any questions or any topics you'd like me to cover =)
Hey, I don't know if you keep up with old videos but I just found your channel at a time I need this most in life. This is great, taking my time through the vids.
I try my best to reply to every comment but the larger I get the more difficult it is.... it can be quite overwhelming responding to hundreds of comments everyday! But thank you for those kind words, it is truly humbling and incredibly rewarding that my videos are actually able to help people =)
You got it! Thanks Lingnam! I suggest you go through my playlist: Millennial Investing Guide. I have a bunch of videos in order so that it should make sense for an absolute beginner =)
Your video got me to subscribed here because how you explain everything I don’t want to miss anything. You got me hooked and informed with your videos 👍🏾 thank you 🙏
Good video, however its misleading to say money doesn't lose value when put in a savings account. If inflation is higher than the interest you get then by definition your money is losing value.
You're absolutely right! A savings account ONLY protects you from inflation if the interest is higher, inflation is usually around 2% per year. Most of the online banks I mentioned (AlternaBank, EQ Bank, WealthSimple Cash and LBC Digital) offer savings accounts above 2.2%. Hopefully if inflation rises, these online banks would try to increase rates to keep up, but the big banks are always going to offer very low interest rates, well below inflation (around 1%)
Make sure you watch the whole video! I show you the evidence that in the short term, the stock market is very unpredictable and you have a very good chance of losing money but in the long term, over 10+ years you are historically guaranteed to earn a profit! =)
@@CrispyAssasin_-td3rr ideally during retirement! The longer you hold your investments, the more they can grow and the longer you can take advantage of exponential growth! But again, you always have total control over your money. If you NEED this money to buy a house, you can sell your stocks and cash out! But I urge you to try to keep your investments untouched for years and years, that's how long term wealth is built! =)
I wouldn't say quite perfect.... the audio and video quality are so bad... back then I was just filming with my cell phone! 😆 But I'm happy to hear that the content is still helpful! =)
Hi Adrian. Can you please explain about the cash account vs. Margin account in Questrade? I wanted to use a non-registered account for buying/selling stocks using the funds I deposit. I don’t want to borrow from Questrade. Thanks in advance for your inputs!
I will be making a whole video on how the Margin account works! Basically, it allows you the CHOICE to borrow money and invest with these borrowed funds but you will have to pay interest on this loan. I do NOT recommend investing with borrowed money, it's not worth the risk! You should ONLY be investing with your own money! The good news is that if you only invest with the cash you have in your Margin account, that is only your money and so you won't be borrowing anything, it will be identical to any other cash account at another broker =)
I accidentally stumbled on your channel looking for investing videos, and I say your video is the most informational I have seen especially for those who are beginners or have zero knowledge. For beginners like me, would you recommend using Questrade or Wealth Simple? I know there are so many videos about this topic but would want to hear your thought about it. Thank you again for this wonderful channel!
Thanks for watching and commenting don’t forget to hit the subscribe button for more head way into crypto consultation text my broker on TELE GRAM at @sylviatrades....
Hi Adrian, How are you, BIG FAN here, just want to let you know that I love all your videos!!! Why now, I saw your videos, where were you hiding? I should saw that 40 years ago, so my investments grow already. All your videos helps a lot for me, it gives me foundations for investing, and because of you and those videos, I sign up my new account to Questrade with your referral code!!! I am Newbie here for investing, I hope can I can dm/pm, email you for some guidance when it comes for investing, just to guide me, since you are already a veteran for this. I hope you will reply to me. CHEERS! 👍😀
haha well Ranilo better late than never!!! Welcome to my channel and I'm glad you found me! 😁 I know exactly what you mean, I WISH I had someone teach me these things 10 years ago but that's why I started this channel! I make these videos as if I were giving advice to my younger self 😁
The best way to reach me is to ask questions in the TH-cam comments, I am very responsive here but if you have a more personal or private question, you can message me on Instagram but I can't answer everyone there... it's overwhelming! 😅
Hi Adrian, thank you so much. I've learned a lot from your videos. But there is a question coming up to my mind is why are huge companies such as TD and BMO, still so interested in attracting this type of investment? As you said, they still get profit no matter what.
Hey Suri! Well these companies have such a strong reputation of paying dividends for hundreds of years! They would never want to risk that reputation by cutting their dividends!
Or do you mean, why doe these huge companies still sell shares on the stock market? Once a company goes public, it's hard to go back and become private again. Unless one person would be able to buy the majority of the shares but that would take tens of billions of dollars!
Learn EVERYTHING about investing with my MILLENNIAL INVESTING GUIDE 👇
th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
And check out my CANADIAN CREDIT CARD GUIDE 👇
th-cam.com/play/PLj8bU3AuW2qGixzriCuazZ1E5RznbhcFB.html
Check out my CANADIAN TAX GUIDE 👇
th-cam.com/play/PLj8bU3AuW2qEA_ik7NOAIkBY02nt7KAPj.html
Thank you from the 808's
How do you know / determine how much units of a stock you should buy? I know its different for each stock or etf but whats a good rule to follow?
@@smileyface112 I answered your same question in another comment below but basically, you just invest with whatever amount of cash you have available. If you have $1000, invest with $1000. The # of shares only really matter when you are trying to calculate how much you need to qualify for a DRIP. Check out my DRIP Explained video to see that calculation =)
th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
I'M HAPPY BEYOND WORDS THAT YOUR CHANNEL EXISTS!! Thank you soooooo much for your super informative, and super engaging videos! Keep up the great work!
I'm so happy beyond words that you found my channel! Thanks for the kind words and please reach out if you ever have any questions! =)
Out of all the hundreds of videos I have watched about stocks, this one has been the best/most helpful. Thank you very much sir!
Wow! Thanks buddy! That is certainly high praise and I'm really happy to hear that it was helpful! =)
Apples are the one fruit that do not grow from seed. Orchards are built from grafting root stock. Apple seeds are not variety based genetically, they contain all apple genetics. Only an bitter crabapple tree can grow from an apple seed.. aside from that analogy..loved the video! Lol
hahaha and this is why I should focus on financial advice and stay away from botany. I stand corrected, thank you! 😅
Man, this channel is so underrated. Great work, man.
Thanks man! I really appreciate that! 🙏
omigosh exactly my thoughts. It's always densely packed with informationn. The best Canadian investment channel on TH-cam. I've watched videos of the other popular canadian investment youtubers, but Canadian in a tshirt is the best. This reminds me, we don't know your name?!
Great channel. I just found you. I'm a Canadian getting started in investing.
Welcome to the channel and happy investing! 😁
I wish this video - or honeslty your whole channel had more viewers. I've learned so much watching your videos in two days, than I have just reading for the whole month. Your content is great! Thanks so much for sharing!
Thank you Jem! I really appreciate those kind words! I'm glad that you found me and that you find these videos so helpful! 🙏
And if you want to help spread the word, feel free to send this video to family or friends who would benefit from it! =)
Wow... As somebody really absorbed in his work I thought it would be extremely time-consuming to learn about finance and investment. But you keep the matter so simple and easy to understand in 15 -30 min which is awesome. Thanks, @Canadian in a T-Shirt and keep it up.
Thank you! I really appreciate that and I'm glad to hear that my videos have been engaging and helpful! I try my best to be straight to the point and not waste anyone's time =)
I wish I came across your channel earlier. Your channel should be known to every new investor out there. Thank you for making these videos and sharing your knowledge.
Thank you Sim! I really appreciate those kind words and I'm glad that my videos have been helpful! 🙏
fancy video
Thank you! I'm glad you enjoyed!
I've never seen guy a so generous in sharing knowledge on investing & helping others. 🙏🙏🙏
Thanks for watching and commenting don’t forget to hit the subscribe button for more head way into crypto consultation text my broker on TELE GRAM at @sylviatrades....
I have watched SO many videos over the course of the last 2-3 weeks and your videos are by far the easiest to understanding, the least overwhelming and extremely relatable. It's broken down investing for me, how taxes in Canada work (I am an international student and just got a job, so trying to understand all this has been so tough) and just makes me feel like I can do this lol. Thank you so much!!
Thank you so much Rayshena for those kind words, I truly appreciate that! 🙏 The whole reason I started this channel was to make money and investing accessible to absolute beginners, especially new Canadians so I'm so happy to hear that my videos have made an impact! Keep it up! =)
I'm in my early 30's and have a decent amount of money saved in TSFA and RRSP, but without knowing too much about how it all works. Appreciate the videos! I can now improve my investment portfolio and start to make additional gains :)
That's what I love to hear buddy! Happy investing! =)
Really informative! Thank you for the video.
My pleasure! Let me know if there are any more topics you'd like me to cover 😀
@@CanadianTShirt not for now. Just keep up the good work. Wish you success!!
My TH-cam search stumble upon you and love your energy, it catches my attention as a newbie in the stock market. There was a lot of flickering in this video thou. Also I find it confusion which video to look at next because they are not listed in a sequence. I would appreciate it if you can guide me the sequence so I can continue learning. Thank you very much, your videos are very detailed and information for any beginners.
Thank you Dhana and welcome to my channel! I apologize for the video quality! This was one of my oldest videos where I was still using my cell phone to record so the quality is definitely not as good as my later ones! I would suggest that you check out my playlists, especially my Millennial Investing Guide here:
th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
I order them in such a way that it should be accessible and make sense for a beginner starting from scratch! =)
I would like to say thanks again for taking the time to help everyone here out. I've personally started investing this year at 23 years old heavily, with zero knowledge. With your channel it's helped me gain confidence and getting out of my comfort zone!
Wow! Thanks buddy for those kind words! I really appreciate that and I'm happy that I was able to play a smart part in your investing journey! Keep it up buddy! =)
Stocks has never been explained to me so easily. Great content. Thank you. 😊
Thanks Marie! I'm glad that you found my video so helpful and digestible! 🙏
You get straight to the point and explain everything so simply! Thank you so much, I have learned so much from you.
Thank you Lisa! I'm so happy to hear that! Happy investing! =)
Very useful information. What is your take investing savings such as TFSA in index fund instead.
That's a great idea! I prefer index fund ETFs versus mutual funds since they are much much cheaper in terms of the annual fee (sometimes over 20 times cheaper). Check out the Best Canadian ETFs to hold in your TFSA =)
th-cam.com/video/hXrN5EVCp8Y/w-d-xo.html
Hi Adrian,I didn't get the referral bonus once I activated my account.How to Claim it
TIA
The $50 referral bonus is a rebate, you won’t receive $50 cash. When you buy stocks, you will be charged the commission fee as usual and then Questrade will reimburse you that commission after a few days, for a total rebate amount of $50. I hope that helps =)
For Enb.to etf it's charging commission fee 4.50 $ .what is the reason..
I heard that etf buying is free of cost with Questrade
@@bhaskerreddybhasu1435 Enbridge isn't an ETF... it's a stock! I talk about Enbridge stock in detail in this video on the best Canadian Dividend stocks, check it out! =)
th-cam.com/video/G_TF2wyqn9s/w-d-xo.html
now that i know what is the difference between dividend stock and growth stock, i would say that i prefer dividend ...thanks for the explanation
Both of them are important to have in your portfolio but if I had to pick only one, I would go with dividends. You get overall less risk and you have two sources of income =)
I am so happy that i found your channel. You are a great teacher! Thanks for all your knowledge 🙏
Thank you so much for those kind words and I'm really glad that you found me! I hope you enjoy the rest of my MILLENNIAL INVESTING GUIDE playlist! =)
th-cam.com/play/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g.html
Thank you so much for sharing your knowledge. You are helping a lot of canadians. Will binge watch all your video, its so informative. I am currently taking down notes to remember all these new info. 🙂
Thank you Eunice! I really appreciate those kind words and I'm happy to hear that you find my videos so informative and helpful! Happy bingeing! =)
You're f'en amazing. Life changing! Thank you so much!
Wow! Thank you Ada! I'm really happy to hear that my videos have had an impact! 🙏
How do you know / determine how much units of a stock you should buy? I know its different for each stock or etf but whats a good rule to follow?
I usually don't care about the # of shares, it's more how much money I have. If I have $1000 to invest, I simply divide $1000 by the share price to determine # of shares. However, if my plan is to setup a DRIP, then I perform a calculation to see how many shares I need to buy to qualify for a DRIP. Check out my DRIP Explained video where I go over this calculation =)
th-cam.com/video/ouyXwaTOfhU/w-d-xo.html
I joimed today. Lol did you reference an apple because itnfroesnherenin Canada?
Welcome to the channel and thank you for supporting me! I just used Apple since it's a very clear and well-known example of the benefit of investing in the LONG TERM versus the short term fluctuations =)
I would love a video on Canadian high dividend stocks to avoid... like the 15-20% example you gave and the risk with them
Very good content and beautiful expression. Thanks for creating the channel. Keep it up
Thank you Harminder! I really appreciate that and welcome to my channel! 😁
i'm 18 this year and i am binge watching your very useful and informative videos while my peers stay binge watching on netflix. I HAVE A RUNING START.
YES!!!! This makes me so happy! You are awesome Jodie! I'm so happy that you are getting interested in investing and building your financial future at such a young age, that's incredible! Please feel free to reach out if you ever have any questions! 😄
Adrian you have the best and easiest learning tool for beginners. Thank you for sharing such important information. What would you tell a person who has $140,000.00 that needs to be invested for income. This person has zero dollars in their TFSA and is 60 yrs young. Help!
Thank you so much for those kind words! And wow! That is a great problem to have!! 😆
First thing for sure would be to max out your TFSA. If you have never opened a TFSA you will have $69,500 of room right now, with another $6,000 coming in 2021. Check out my stock pick videos to see what stocks and ETFs you should put in your TFSA, mainly Canadian dividend assets =)
th-cam.com/play/PLj8bU3AuW2qFD4sCsCxXdaAADlyiP8bqB.html
Now you have $70K left, decide how much you should put into a savings account for emergencies and daily spending. I recommend a high interest savings account with EQ Bank or Alterna Bank or Motive Financial, they all offer about 2% interest rate on savings.
Whatever is left over, will have to be invested in your margin account. You will have to pay taxes on all capital gains and dividends in your margin account that's why it's important to max out your TFSA first. In your situation, an RRSP isn't super useful since you will have to close your RRSP when you turn 71 and you will be taxed on those withdrawals....
This is a huge question and impossible to answer in a small comment but I hope this was able to help somewhat =)
Much appreciated as always. Loved every minute.
Some friendly feedback: you might want to check the mike setup because it keeps popping on low frequencies :)
Thanks Martin! Ya I recently got a new microphone in my two latest videos with a pop filter and I think it's made a big difference so far =)
Great video. Informative. Compelling to watch.
Thanks Colleen! I'm glad you found it helpful! =)
ok everyone says put your emergency money or house money in a savings account at modest 2%. But where is this 2%????? Scotiabank pays like 0.05% and like on a savings accelerator promotion, it's like 1.5% ON PROMOTION.. regular rate is 0.30%. So where is this 2%? Which of the big 5 canadian bank offers this? The only bank i hear about is EQ which is an online bank. Is that your suggestion for the 2%?
Anyways, thanks a lot for your videos. I think i'm commenting for the first time. But i've been binging on your videos since i discovered your channel. I've started investing on Questrade. I find you to be the most sensible from all the Canadian investment gurus here on TH-cam.
This video was made before the market crash... back then there were dozens of banks offering interest rates around 2.5%....
Unfortunately, since the crash the federal government slashed interest rates to all time lows.... The big banks will always offer the worst interest rates, instead look for the smaller digital banks. They offer better rates to compete with the big banks!
Right now the best high interest savings account is EQ Bank which currently offers 1.5%. Feel free to use my referral link below if you want to open an account =)
api.fintelconnect.com/t/l/5f0699315cf09e001bd26973
Another option is to shop around for promotional rates! Right now Tangerine is offering a promotional rate of 2% but only until the end of March.... after that promotion runs out, I'll move my savings back to EQ to get that 1.5%
I hope that helps! =)
Question: was that table showing gain or loss of stock market investments 2:18 including losses from inflation?
Stumbled across your videos today, liking everyone as I watch them. Love them.
Hi Adrian, yes I too am curious on the table as well, would just like to know what context you used, I looked at the history of the S&P 500 between those years and did find that some 20 year periods did lose.
Loving your content though, haven’t been able to find very many Canadian teachers in investing, especially for beginners, so thank you so much!
Looking forward to how to do research on a stock. Keep up the good work bello
You got it Sadri! That video is definitely coming! =)
Hi Adrian! Thanks for great videos! Help me decide what TFSA stocks I should buy for a beginner like me! You do have a video on your personal choice of stocks, don’t you?
You got it Jenn! I have a WHOLE PLAYLIST of videos on my favourite Canadian Dividend Stocks and ETFs to buy in your TFSA so check it out! =)
th-cam.com/play/PLj8bU3AuW2qFD4sCsCxXdaAADlyiP8bqB.html
Thanks a lot 😊
Great advise Adrian! As always!
Thanks for watching! As always!
Been binging all your videos. All super informative! Love the light your Shining on CANADIANS.
Thanks Samson! I'm really glad to hear that my videos are helpful! That's exactly why I started this channel, there is SO MUCH great financial content out there but it's all targeted towards Americans... If you're interested in more Canadian focused investing advice I can also recommend: Brandon Beavis Investing and Ben Felix. They've both been doing this for years so they have hundreds of videos. Happy investing! =)
Hello. Thank you so much for your videos. What are your thoughts on Questwealth portfolios? Thanks!
I'll be making a whole video about Questwealth portfolios. I personally don't use it since I like to have total control of my investments and I enjoy doing the research and making the decisions. However, if you want a purely hands-off approach where you can just put money in and let them invest on your behalf, Questwealth or WealthSimple roboinvesting is a GREAT option and it will be MUCH cheaper than most Mutual Funds at the banks which also advertise the hands-off benefits. I hope that helps! =)
Canadian in a T-Shirt Thanks so much for your insights! Looking forward to that video :)
wanted to leave you 3 thumbs up but only got to click once lol... really great videos and contents especially for beginners. 👍
I appreciate the gesture! You can always share the video with 2 friends to get me the 3 thumbs up! 😁
@@CanadianTShirt Haha definitely will do!
Thank you so much for this amazing video.
Do you think you would be able to make a video highlighting some initial investments you had made when you were a young investor? Going in to detail with things like how much you invested and why that particular amount, and what made you select specific stocks to buy into.
James, you read my mind! For sure!
I wanted to finish my investment series, breaking down bonds, ETFs, mutual funds and GICs in the next two videos and then I was going to make a video outlining my personal investing journey of how I started and another video actually showing you guys my portfolio and why I chose the investments that I did. I know that seeing someone else's portfolio would have been really helpful for me when I got started. Stay tuned! =)
I binged watched your videos and learned alot.
Thank you Diann! That's what I LOVE to hear and I'm so glad you are finding value in my videos! =)
I'm so greatful to have come across this channel. You explain everything with such detail but yet understandable. I feel like this is such hard info to come across. I hope your channel blows up. Definitely sharing with my friends and family.
Thank you Trina! I really appreciate you referring my channel to your friends! That is the greatest compliment a TH-camr can receive 😁
Hi dear are you still receiving 2.3 % of interest on Alterna Bank
I don't see this rate on their website
I wish!!! Unfortunately, when the stock market crashed in March 2020, interest rates across the board plummeted to all time lows... The best savings account in Canada right now is EQ Bank, they offer an interest rate of 1.5% (it used to be 2.5% but with interest rates plummeting, this is the best you'll find)
EQ Bank has no minimum balance and no monthly fees!
Use my referral link below if you'd like to open an account =)
api.fintelconnect.com/t/l/5f0699315cf09e001bd26973
Thanks yes I already have an account with them
Excellent video and info. Love your style.
Thanks Victor and thanks for binge-watching a bunch of my older videos! 🙏
Hey Canadian in aT shirt, I saw in your previous video that you’re getting 2% from your high interest savings account. I know where you can get 4.5%.
Yes well those were years ago when we were in a low interest period.... different story now!
Now there are several banks offering promotional interest rates above 5% so shop around!
@@CanadianTShirt Lol, I missed that detail. Yeah absolutely, one can get much better rates today.
The way he explained everything 👌👌👌
Thanks buddy! I'm glad you found my explanations helpful! =)
Riocan is paying %10 dividends right now.... Should I avoid investing? Seems high, but I'm sure they'll bounce back after the crisis. New to stocks btw
Ok, so I've made the mistake of purchasing through NYSE instead of TSX... should I cut my losses and reinvest? Or just hold onto these?
Sooo helpful and informative! Don’t mind me, I’ll be praising and commenting on every video in this series
Thanks buddy! That's what I love to see and don't mind me, I'll be responding to each of your comments over the course of this weekend 😆
I mistakenly borrowed us $ 26,000 in my margin account to buy shares, I would like to know how to repay this amount with Questrade. should I sell all my shares to pay it back ?
Hey I l;oe your video series and I think they will be great but I just had a question/something I wanted to clarify. Like from the segment around 3:15 , you advise long term investing and for the retirement which I totally agree but what if you are someone who already has a job with a decent retiremnt pension and my goal is more to, increase my yearly gains I guess you could say without having to do a second job. Like I still want to invest long term, but not towards retirement you know. More for fun projects and stuff that usually make you loose money (cars etc.). I still feel like growing my wealth and following your videos will lead me to there but do you have a different take for people who's goal is like that or you would say to still keep doing the same and I guess what would be different is taking money more often from your investments compared to someone who's goal is for retirement? For context just hit 24 here have a decent government job at around 70k a year.
This was very helpful :) thank you!
I'm glad it helped! Let me know if you have any questions about stock market investing.
I'll be making dozens of videos about it! =)
Found you last night.. Great work, I'm hooked and subbed
That's what I want to hear! Thanks buddy! 😁
man, you are amazing, i watched all of your videos, Thanks
Thanks buddy! I really appreciate that! =)
Love this channel, hate the ads though. For anyone who is wondering: any of those ads you see about amazon fda, day-to-day investing, etc.. don't sign up, it's not free, it asks for your credit card, it's a scam. I used my email to get past the first step.. asked for everything about you after that.
Unfortunately I have NO CONTROL over what ads show up in front of my videos... that's all handled by TH-cam and it is based on your search history etc... The only thing I can control is the category of ad, I only allow skippable ads (I HATE non-skippable ads with a passion so I would never subject you guys to those)
But yes always be wary of anything you see online, especially if they are making promises that seem too good to be true! If you ever see anything promising to "get rich quick" this is a scam! Be careful guys! =)
@@CanadianTShirt yea. I only left this comment to warn the others. I like your channel a lot, and I'm about to watch your playlist of videos for millennial investing guide :)
Let me start with saying your videos are great and very easy to understand.
Im very new to this channel and I do not know much about stocks yet. After listening to some of your videos, i have a question, can you please explain how is this good when you cant make money when you are young and can use it to have a better life but instead you will make some money after you are retired and old and dont need much money anyway. Thanks
This is the most organized guy on TH-cam , love how you give references and you order your videos by sequence , you are most certainly the man , appreciate all the hard work your doing
Thank you buddy for those kind words! I really do appreciate that! 🙏
Yes I do make a lot of effort and thought into planning out my content and making them organized. That's why I colour-code my thumbnails (green = investing, silver = taxes, etc) which I don't know if anyone else is doing.. But I'm glad that it doesn't go unnoticed! 😁
@@CanadianTShirt are you kidding , that's been my gripe with alot channels so it definatly does not go unnoticed and truly appreciate it ,
@@aceventura3935 aww thanks bro... that just made my day! 😊
imagine investing in tesla after this video
hahaha back in simpler times 😅
Professional guidance sure brings about profitable returns on investments,
Cheers 🥂 to great trades.
Hi Adrian I want to invest but all of this is new to me as I am new to Canada. I want to invest in index funds. Do you suggest Questrade or Wealth Simple? How do I begin?
why shouldn't I put my savings into an investment if I am buying a house next year, wouldn't it be nice to have bit capital gain. But I will end up wasting my TFSA limit...:(
Yes it would be nice to have a bit of a capital gain BUT investing in the short term is VERY RISKY!!! One year from now, you might make a profit but you are just as likely to LOSE money! Investing in the stock market is historically guaranteed to be profitable in the long term, 10+ years but one year from now, we have no idea if the stock market will be up or down... If you NEED that money to buy a house one year from now, do NOT risk that money in the stock market. Instead, hold it in a high interest savings account so that the money is 100% safe and you can earn some small interest as well!
My favourite High Interest Savings Account in Canada right now is with EQ Bank, they offer 1.7% interest rate and no monthly fees! Use the link below!
api.fintelconnect.com/t/l/5f0699315cf09e001bd26973
I hope that helps! =)
Good Work man keep it up 👏🏻
Thanks buddy! I really appreciate that! =)
Can you please make a video with dividend growth stocks? Or how to find emerging stocks/etfs?
You bet I will! I will be making a whole series of videos on growth stocks, dividend growth stocks and growth ETFs =)
Thank you for your video Adrian!!!
I hope you enjoyed it! Let me know if there are any topics you'd like me to cover next =)
I’m so thankful for your videos. I know you are gearing info to millennials but I’m approaching 60 and unwisely had relied on someone else to look after finances. After some hard lessons I’m Now I’m assuming full responsibility for my own prosperity and starting at ground zero learning all this! You break it down so well. Maybe make a video on wealth generation with shorter runways for us in later life? Thanks for the Great info you share every time!
Thank you Mandy! I really appreciate that and I'm truly happy to hear that my videos have played a role in your financial journey! That's a great idea for a video! The rule of thumb is that as you approach retirement, you want to avoid riskier moves and focus on more conservative investments like bonds and secure dividend stocks and ETFs =)
Thank you for your vids - please keep them coming!
Folks, subscribe to this fella!
Thank you Ben! I really appreciate that! 🙏
Adrian Thank you so much for your videos. I found your TH-cam channel just last night bu I cannot stop myself from watching. Great information and education!
Thank you for the kind words! I'm glad that I could help you get started in the world of investing. Please let me know if you have any questions or any topics you'd like me to cover =)
I remembered I started with lost 15K in margin , till today I don’t even know what is margin 😂
Lol 🤣 🤣 sorry bud
Hey, I don't know if you keep up with old videos but I just found your channel at a time I need this most in life.
This is great, taking my time through the vids.
I try my best to reply to every comment but the larger I get the more difficult it is.... it can be quite overwhelming responding to hundreds of comments everyday!
But thank you for those kind words, it is truly humbling and incredibly rewarding that my videos are actually able to help people =)
Great to see content focused on investing in Canada 🇨🇦
Thanks for checking out my channel! Welcome to the club! =)
Your videos are great. Only started watching today and already sharing with family and friends.
Thank you Ryan! I really appreciate that and thank you so much for referring my video to your family and friends! 🙏
Thank you! Very informative. I know I can learn all of this:)
Thanks Sandra! That's what I LOVE to hear! =)
I am a beginner. It is great and very useful video to watch. Please post more videos.
You got it! Thanks Lingnam! I suggest you go through my playlist: Millennial Investing Guide.
I have a bunch of videos in order so that it should make sense for an absolute beginner =)
Your video got me to subscribed here because how you explain everything I don’t want to miss anything. You got me hooked and informed with your videos 👍🏾 thank you 🙏
Thanks buddy! And thank you for all of the lovely questions and comments so far! That's what I love to see, keep them coming! 😁
Good video, however its misleading to say money doesn't lose value when put in a savings account. If inflation is higher than the interest you get then by definition your money is losing value.
You're absolutely right! A savings account ONLY protects you from inflation if the interest is higher, inflation is usually around 2% per year. Most of the online banks I mentioned (AlternaBank, EQ Bank, WealthSimple Cash and LBC Digital) offer savings accounts above 2.2%. Hopefully if inflation rises, these online banks would try to increase rates to keep up, but the big banks are always going to offer very low interest rates, well below inflation (around 1%)
what is the main purpose of investing stocks in the long term?
Make sure you watch the whole video! I show you the evidence that in the short term, the stock market is very unpredictable and you have a very good chance of losing money but in the long term, over 10+ years you are historically guaranteed to earn a profit! =)
@@CanadianTShirt when would be the best time to cash out your investments
@@CrispyAssasin_-td3rr ideally during retirement! The longer you hold your investments, the more they can grow and the longer you can take advantage of exponential growth! But again, you always have total control over your money. If you NEED this money to buy a house, you can sell your stocks and cash out! But I urge you to try to keep your investments untouched for years and years, that's how long term wealth is built! =)
Awesome video Adrian! Everything we need to know before investing...
Thanks Kaylani! That's what I try to do! 😁
So much information and learning in 15mins.!! Thanks for sharing!
Thank you Geraldine! I'm so happy to hear it was helpful! =)
2:22am, man you are amazing
Thank you Alan! 😄
Thanks for the advice!
I'm glad it helped, let me know if there are any topics or questions you'd like me to cover =)
Got it guru baa
I'm glad I could help! Thanks for going through my older videos! =)
Great tips thanks
Thanks Dean! I'm happy to hear that! =)
very helpful and informative! thanks so much!
Thank you! I really appreciate that and I'm glad that my video was informative! =)
Your videos are so amazing and informative! It makes it a lot easier to understand about investing.
Thank you Nitya for those kind words! I really appreciate it and I'm so happy to hear that my videos have been helpful! =)
Your videos are super informative and helpful! Thank you :)
Thank you! I really appreciate that and I'm glad that my videos are informative! 😁
Perfect video!!!
I wouldn't say quite perfect.... the audio and video quality are so bad... back then I was just filming with my cell phone! 😆
But I'm happy to hear that the content is still helpful! =)
You the man bro, THANKS FOR ALL THE INFO
Thanks buddy! I'm really happy to hear that my videos are providing value and you guys appreciate them! =)
Hi Adrian. Can you please explain about the cash account vs. Margin account in Questrade? I wanted to use a non-registered account for buying/selling stocks using the funds I deposit. I don’t want to borrow from Questrade. Thanks in advance for your inputs!
I will be making a whole video on how the Margin account works! Basically, it allows you the CHOICE to borrow money and invest with these borrowed funds but you will have to pay interest on this loan. I do NOT recommend investing with borrowed money, it's not worth the risk! You should ONLY be investing with your own money! The good news is that if you only invest with the cash you have in your Margin account, that is only your money and so you won't be borrowing anything, it will be identical to any other cash account at another broker =)
Amazing synopsis on this subject! Can't wait to learn more. Very new to this as a young professional.
That's what I love to hear! Thanks Raj! =)
I accidentally stumbled on your channel looking for investing videos, and I say your video is the most informational I have seen especially for those who are beginners or have zero knowledge. For beginners like me, would you recommend using Questrade or Wealth Simple? I know there are so many videos about this topic but would want to hear your thought about it. Thank you again for this wonderful channel!
Thanks for watching and commenting don’t forget to hit the subscribe button for more head way into crypto consultation text my broker on TELE GRAM at @sylviatrades....
Do you have instagram account?
Absolutely! I include my instagram links in the description box of all of my videos. It's CanadianTShirt =)
@@CanadianTShirt yessssssss I just followed you
Thank you so much for breaking down these! Looking forward to more great stuff!
Thanks Jay! I'm happy to hear my videos have been helpful! Happy investing! =)
Hi Adrian, How are you, BIG FAN here, just want to let you know that I love all your videos!!! Why now, I saw your videos, where were you hiding? I should saw that 40 years ago, so my investments grow already. All your videos helps a lot for me, it gives me foundations for investing, and because of you and those videos, I sign up my new account to Questrade with your referral code!!! I am Newbie here for investing, I hope can I can dm/pm, email you for some guidance when it comes for investing, just to guide me, since you are already a veteran for this. I hope you will reply to me. CHEERS! 👍😀
haha well Ranilo better late than never!!! Welcome to my channel and I'm glad you found me! 😁
I know exactly what you mean, I WISH I had someone teach me these things 10 years ago but that's why I started this channel! I make these videos as if I were giving advice to my younger self 😁
The best way to reach me is to ask questions in the TH-cam comments, I am very responsive here but if you have a more personal or private question, you can message me on Instagram but I can't answer everyone there... it's overwhelming! 😅
My favourite video of yours so far! Awesome as always!
Thanks Robert! =)
Hi Adrian, thank you so much. I've learned a lot from your videos. But there is a question coming up to my mind is why are huge companies such as TD and BMO, still so interested in attracting this type of investment? As you said, they still get profit no matter what.
Hey Suri! Well these companies have such a strong reputation of paying dividends for hundreds of years! They would never want to risk that reputation by cutting their dividends!
Or do you mean, why doe these huge companies still sell shares on the stock market? Once a company goes public, it's hard to go back and become private again. Unless one person would be able to buy the majority of the shares but that would take tens of billions of dollars!
Thank you!!
My pleasure! I'm happy the video was helpful! =)
Great work!
Thank you Juan! I'm glad you're spending your holidays watching a bunch of my videos! 🙏
Thank you!
You're welcome! I hope you two are enjoying all these videos! =)
Great video
Thanks Wendel! I'm glad it was helpful! =)