Learn EVERYTHING about investing with my MILLENNIAL INVESTING GUIDE 👇 kzfaq.info/sun/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g

And be sure to check out my QUESTRADE GUIDE 👇 kzfaq.info/sun/PLj8bU3AuW2qEIaIoR89ZHl9enwMJzz9De

I uploaded the same document 3 times.. it says it will take longer since volume is larger but is there a way to delete 2 of them to make it quicker?

Hi Canadian In a T-shirt, from your experience which invest is best for short term and how much roughly could you get a return if you invested $10,000 for one year?

@@johntes3329 Do not invest in the short term! If you need this money one year from now, do NOT put it in the stock market. Keep it in a High Interest savings account instead! In the short term, the stock market is volatile and you basically have a 50-50 chance of losing money but in the LONG TERM, over the course of 5+ years, you are essentially historically guaranteed to make a profit!

Thanks Jay! I'm happy to hear that my videos were helpful in your investing journey! I really appreciate you supporting my channel! 🙏

@@CanadianTShirt I finally opened a brokerage account and is there a piece of advice on which stocks I should buy first as a beginner?

Canadian in a T-Shirt also what you’re thoughts on buy stocks on TD?

@@williamsim5878 My personal opinion ; Very good, but depend of the price you buy it :)

@@williamsim5878 I talk about TD stock in detail in this video on my favourite Canadian Dividend Stocks! =) kzfaq.info/get/bejne/fcWEeZWo3tfSaac.html

Thank you Kaylani! I really appreciate that and thank you for being such a loyal and active viewer the past few weeks! I think you've pretty much watched and commented on every one of my videos so far! 🙏

Thank you so much Erin! I'm really happy to hear that my video was helpful and thank you for supporting my channel! 🙏

That's what I love to hear! Way to go buddy and happy investing! =)

Hahaha my friends tell my that my energy and enthusiasm is best enjoyed in small doses 😅

Wow! Thank you Ron! I really appreciate that and thank you so much for spreading the word! 🙏

Thank you Vince! I'm so glad you found this helpful and congrats on your first investments! You're gonna love it! =)

Thanks buddy! I'm happy to help! =)

Awesome! That's what I love to hear!!! I'm glad I was able to help and happy investing!!! 🔥

Thank you so much Maxine for those kind words! I'm so happy to hear that my videos have been helpful! =)

hahaha thanks JeBron! Awesome name by the way! 😆 I'm excited to see how much we can grow in 2021! =)

Thanks buddy! I'm still pretty new to KZfaq and video editing but I think I have definitely gotten better compared to my oldest videos! I'm glad my videos have been helpful and concise, I try really hard not to pad my videos with fluff, I don't want to waste anyone's time! And congrats on starting your investment journey at such a young age!!! I really admire your hustle and I WISH I had started investing at your age! Feel free to reach out if you have any questions and thanks for supporting my channel! 🙏

You got it buddy! That's a good call! Banks are good for a TON of things but whenever you talk to a bank rep, they are basically just salesmen trying to sell you on their banking products. It's in their best interest to convince you that you cannot do it on your own and that you NEED them to do it for you!

haha thanks Michael but you're missing a very important "Yo" there 😆 I'm glad you found my channel and I'm super happy that my videos have provided value! =)

Wow! Thank you for making that effort and for those kind words! I really do appreciate that! 🙏 Have a lovely Sunday! =)

Wow! Thank you for those kind words! I'm glad you found me and welcome to the channel! 😁

I intentionally brushed over that section and the part with the legal agreements quickly since I don't want to be putting Questrade's legal stuff out there, just to be safe. But filling out that section should be pretty straight forward! Just listing your preferences on how you would like to receive information, earnings reports, stockholder voting events (since you are a part-owner of the company) and other materials. Congrats buddy on almost being credit card debt free! That's a HUGE milestone!!! You must feel like a huge weight is taken off your shoulders!!! 😁

@@CanadianTShirt It makes sense to skip on the legal jargin stuff. 100% As for the cards almost 45k in 4 years! Life thru us a curve ball. Can"t wait to be done and throw that extra at my mortgage and shave 5 years of that too. Slogan of the banks "keep them poor"...boo

Thank you Shai! I really appreciate that and you bet! 🙏

Thank you Angela! I really appreciate those kind words and I'm happy to hear that my videos have been so helpful! Welcome to the family! 🙏

Wow I'm glad you found me and I'm happy to hear this video was helpful! =)

Same. I was starting to waiver, until I watched this. I feel much more informed and confident now.

@@MrDeanerino Thanks guys! That really means a lot to me 🙏

Thanks Stephane for the kind words, as always!!! I'm glad you were able to figure it out on your own and by now, you're probably a Questrade pro! =)

@@CanadianTShirt Are you planning on making a : How to analyse Stocks, ETF's and REIT video? Because, at this stage I believe this is the most crucial video for me.

Thank you Dany! I really appreciate that and I'm glad that people enjoy my energy! My friends will probably tell you that my enthusiasm is only good in small doses 😅

You got it buddy! I'm happy I was able to help you get started on your investing journey! Keep it up! 😁

haha I'm loving the excitement! Just wait until you receive your first dividend, you're gonna be hooked! =)

hahaha I have no control over what ads show up, Google is the one that decides all that but that's pretty hilarious! 😆

It's my pleasure! That's why I started this channel in the first place! We need more CANADIAN focused content out there! 🇨🇦

Thank you Kimmy! I really appreciate those kind words and I'm glad you found me! I'm so happy to hear that you'll be opening an investing account and once you start buying stocks and see your money work for you, you will be hooked! =)

That's what I love to hear! I'm happy to help you along this journey! =)

After losing 10 % of my portfolio,I called up on Mr Timothy so he could review my trading and after coaching session with Leon I am earning 20% in profit on my enters portfolio,which is just amazing.....thanks from United States💯

I'm so happy to hear that! I'm glad you found my channel and I hope you continue to find value in my videos! 🙏

That is what I LOVE to hear! I try really hard to break the myth that "investing is hard" or "I should leave it to the pros..." No! You CAN and SHOULD do it yourself! Why throw money down the drain in outrageous "management fees" when you can do it yourself! It's YOUR money, so YOU should be in control! =)

That's what I love to hear! It's really not that complicated once you finally do it yourself! =)

Good tip, thanks for sharing! It's definitely easier if you make an initial deposit of $1000 but you're correct, it doesn't have to be all at once =)

Canadian in a T-Shirt can I open an account if I am still a highschool student,

@@williamsim5878 You have to be 18 years old to open an account on your own. If you are below the age of 18, your parents will have to invest on your behalf. I wish I had gotten into investing when I was your age, way to go! 😁

@@CanadianTShirt You should make a different video on dropshipping. I really want to know more about that part of the industry

Thanks Lyka as always! Have a GREAT long weekend! 😁

Thanks bud! I really appreciate that! =)

Wow it was meant to be!!!! Even crazier, I was supposed to release the video yesterday on your birthday but I was delayed. Happy birthday Ryan and happy investing! 😁

@@CanadianTShirt do u recomend i invest 6000$ in my TD bank stocks in my TFSA or to split it with other bank stocks?

@@105tacos7 You know me, I LOVE TD stock but even though it's one of my favourites, I wouldn't put all my eggs in one basket. It's so important to diversify! Especially when you're just getting started, don't worry so much about reaching that DRIP amount right away. I would rather spread out that $6K amount among several stocks across different industries (not just bank stocks) and some ETFs for more exposure. Watch my Stock Pick Videos for some ideas on stocks and ETFs to look for. I hope that helps and way to go buddy! I WISH I had started investing at 18! I really admire your hustle! 😁

@@CanadianTShirt Will I get a 15% withholding tax on ETF dividends if it is PURE Canadian stocks or only if it includes USA stocks?

@@105tacos7 Nope! The 15% US Withholding tax ONLY applies to US dividends. Canadian dividends are totally tax free in a TFSA =)

haha I filmed the screen recording of me opening my margin account back in May but life kept getting in the way and I was only able to actually make a whole video on it months later! Ya the past few months have definitely been bananas....

Thanks buddy! I really appreciate that and welcome to the family! 😁

Thank you! I really appreciate you spreading the word to your family and hopefully they can find value in my videos! 🙏

That video is definitely coming! I appreciate your patience! =)

Thank you so much! I really appreciate that! 🙏

My pleasure! I hope it was helpful! 😃

Thanks Shane! I've covered that in my TFSA and RRSP videos so check them out! kzfaq.info/get/bejne/n8WSislis9-5knk.html I will also be making a whole video on what stocks to hold in a non-registered account so stay tuned for that! =)

Thank you Aldin! I'm glad my video was able to help, happy investing! =)

@@CanadianTShirt Definitely watched all of the vids in the series. Do you have anything on VGRO in any of your vids - curious on your thoughts about it.

Thanks buddy! I'm happy to hear it was helpful! =)

Thanks Chris! I'm glad my videos are digestible for beginners! =) Check out my video all about dividend DRIPS: kzfaq.info/get/bejne/pdupi9qSubXKmIk.html I include an Excel Dividend Tracking Sheet that I wrote and I personally use to track all of my stocks and the amount required to qualify for a DRIP. I hope that helps! =)

I'm so happy to hear that! Thank you for those kind words! 😁

Thanks Monica! I'm happy to hear it was helpful! =)

@@CanadianTShirt Just need a piece of advise from you quickly. Do you still recommend Questrade for US stocks after this offer i found out recently which is valid until tomorrow, 29th November, 2020. It offers free trades as compared to Questrade which offers $5commission/trade and the conversion fee of 2%. nbdb.ca/invest/free-transactions.html

Way to go!!!! I'm always happy to help a Mustang! 😁

Wait. Western? I'm a Mustang too. Well hello!

@@camilleinlondon save a horse, ride a mustang 🐎 💜

hahaha you're welcome, you're welcome, you're welcome! 😆

I hope you enjoy the binge watch! I suggest going through my playlists! I put them in a special order so each order flows into the next =)

Here is my MILLENNIAL INVESTING GUIDE playlist, starting you from square one =) kzfaq.info/sun/PLj8bU3AuW2qEVri8g-ErBL65ng98iAf5g

Thanks Meegan! That's what I LOVE to hear! Happy investing! 😁

You got it Bryan! I will be making lots of videos on my favourite growth stocks and growth ETFs as well! =)

Check out my TFSA video to learn all the rules regarding contribution room! kzfaq.info/get/bejne/n8WSislis9-5knk.html If you sell stocks inside your TFSA and make a profit (capital gains) this does not affect your contribution room directly unless you decide to withdraw that money out of your TFSA and then on January 1 of next year, you will regain that withdrawal amount. The main point is that any profits you make in your TFSA (capital gains or dividends) does NOT count as contributions! It's totally tax free and worry free! Let's say you maxed out your TFSA and then you made an extra $5000 of capital gains inside your TFSA. This $5000 will NOT push you over the limit. You get to enjoy that extra $5000 and continue to invest with it! I hope that helps! =)

Thanks buddy! I really appreciate that! 🙏

Thanks buddy! That's what I love to hear! =)

If you invest with WealthSimple Trade, I would ONLY hold TSX stocks. WealthSimple is a GREAT platform for CANADIAN investments because of the commission free trades. There are still a lot of limitations with WealthSimple which I will talk about in my comparison review but in terms of minimizing fees, you can't beat commission free trades. Just make sure you only hold Canadian investments with WealthSimple. If you want to invest in US stocks and ETFs, definitely use Questrade. WealthSimple's conversion fee EVERY time you buy or sell a US stock will bleed you dry.... (it's how they make money lol) I'll get into more details in my upcoming review so stay tuned for that! =)

i believe it took a couple days for me, I only uploaded my drivers licence, keep checking daily

Normally it should take about two business days but if their traffic is unusually high, it might take longer. Keep checking on the status of your submission =)

Thank you Carolyn! I really appreciate that! 🙏

Remember do not invest in the short term.... if you need money for a down payment in the next year or two, I wouldn't recommend investing in the stock market since there's a decent chance you can lose money. In the long term, 5 years or more the stock market is basically guaranteed to be profitable but the short term is far riskier....

Hey Nadeem! Welcome to my channel and thank you for watching all of my videos! 🙏 Congratulations on graduating soon! I know how exciting and terrifying it can be, especially when you have to start paying back those student loans....This is a difficult question to answer since it depends on so much (your income, risk tolerance, time horizons, etc) But generally this would be my advice. If the interest rate on your student debt is low, around 3%, then I would suggest that you focus on investing rather than paying off your student loans faster. With investing, you can earn far more than 3% per year in returns but of course it's not guaranteed. If your student loans are higher, let's say 6% then you can still get better returns with investing but paying off your loans is a GUARANTEED 6% return which nice and gives you peace of mind. In that situation, I would probably do both. After you have an emergency savings fund filled up, I would invest about half of your excess money and use the other half to pay off the loans. If you're planning a down payment on a house in the next 3-5 years, you should also start adding money to a High-Interest Savings account for that as well! I hope this makes sense! I will be making a video soon on how you should invest / save money based on different common scenarios for Canadians so stay tuned for that! =)

If I could go back to being young and living with my parents, I would continue to educate myself on finances because we are not really taught this in school. (Especially TFSAs and RRSPs for Canadians.) All of the information I have learned about DRIP accounts TFSAs and RRSPs has been from watching Canadian in a t shirt videos on those subjects. Also, good book series is Rich Dad Poor Dad. It was written 20 years ago, but it is still very relevant. I read it on hoopla through my local library (for free). You should take advantage of living with your parents by being careful with your money. Don't overspend on things you don't really need just to seem cool or be like every one else. Pay off your student loans quickly, which will build your credit and reduce the amount of interest you have to pay, so they will get paid off even quicker! Good credit will help you in your future. Watch Canadian in a t shirt's videos about investing in long term DRIP accounts. I wish I would have been wise and gotten myself at least one DRIP account going when I was in my 20s. Good luck to you!!

Yes you can definitely transfer money and investments from another bank into a Questrade TFSA. I'll be making a whole video on how to do that but it's pretty straightforward. You can transfer the cash amount from your bank to Questrade. The good thing is that this will NOT count as a TFSA withdrawal or contribution since this money is never leaving the TFSA umbrella! Also, be prepared that your bank will likely charge you a transfer fee, usually between $40 and $150 but the good news is that Questrade will reimburse you this transfer fee up to $150. I hope that helps =)

@@CanadianTShirt you answered many questions thank you so much!!

@@Hallows3that was very helpful actually

Thanks buddy! I really appreciate that! =)

Hey Ankit! Wow! Thank you for watching my videos all the way from India! Most of my content is purely Canadian focused but I hope you're still getting some value out of my videos! Unfortunately, you have to be a Canadian resident to open a Questrade account.... I'm sure there are some Indian online brokers available but I wouldn't know anything about that... I wish I could help! =)

@@CanadianTShirt okay.... Thanks Adrian for your reply 👍

Wow! That's amazing for your son to want to start investing at such a young age! When I was 14, I just wanted to spend my money on junk food and video games 😅 Unfortunately, he won't be able to open an investing account in his name until he's 18, you would have to invest in his behalf. Have you been putting money into his RESP? If you haven't maxed it out, your son can give you his money and then you can contribute that money into your son's RESP and you'll be able to earn free government grant money (up to $500 per year) on top of the tax-free investing. Check out my RESP video for more details on how that works! =) kzfaq.info/get/bejne/i8WCaZOruJyWhqM.html

@@CanadianTShirt we already contribute to his resp I don't think it's anywhere near maxed out. I'll look at that option. His long term goal is to use it for real estate not tuition.

Thank you Ahmed! I'm happy to hear that my videos have been helpful! =)

That's what I love to hear! Happy investing! =)

This was filmed back in May, overall my TFSA is still down today but it definitely wasn't as bad as back in May. I've significantly reduced my overall cost base by buying lots of stocks on a GREAT discount since then! =) Remember, I really do NOT care about this current "loss"... it isn't a REAL loss unless I sell which I will NOT do! I will continue to hold and keep buying more of these investments and within a year, it will recover and after 10 years, it will FAR surpass the current value! =)

@@CanadianTShirt i hope it will recover, thanks for your reply

ride it out

@@Jlindss ^ this AC still has liquidity to hold the company a-float for a few more years to come There's no sense in taking a huge loss like that. Air Canada is still a very established airline and I think personally that it will rise again.

Hold it man. You didn’t really lose anything unless you sell ! So focus on the long run

Hey guys! The Air Canada question always comes up, I personally don't invest in Air Canada.... I just think there are better investing opportunities to take advantage of and with less risk during this crash. Even though I'm not a fan of Air Canada, I would agree with everyone above... until you sell, that $2K "loss" isn't real. This is the most difficult part of investing: being able to maintain your discipline and not give into fear or panic. That being said, if you are overwhelmed with stress and worry and you can't bear the thought of losing your entire 10K investment, that doesn't mean you have to cash out the entire thing! You can always take little steps: maybe sell $1000 worth of stock to give you peace of mind. Sure, you're locking in a $200 loss but at least you have that $1000 cash to count on. Again, I'm not saying you should do this, but a lot of beginners worry themselves sick and they only see two options: ride it our or sell it all! But those are not the only options... I talk about dollar cost averaging in my videos, where you buy stocks over the course of weeks or months rather than all at once and the SAME method can be applied to selling stocks. I hope that helps and thanks everyone for joining in the discussion! It can be incredibly helpful and reassuring to hear other people's points of view =)

Thanks so much I’m just going to ride it out and see what happens thank you :)

Thanks Punit! I'm glad to hear it was helpful! =)

Thanks buddy! Sonic 2 was the very first video game I ever played on a console, back on the Sega Genesis days 😁 Check out my 10K subscriber celebration video where I gave a fun little tour of my bookshelf and video game collection =) kzfaq.info/get/bejne/ns1zq8WVyLi2oas.html

Thanks man! I'm happy to hear that my videos are helpful! =)

Thank you Mario! I really appreciate that =)

I'm so happy to hear that! Happy investing! 😁

That's what I LOVE to hear! I'm so happy to hear that I played a role in your financial journey! I hope you enjoy Questrade, you're gonna get HOOKED once you start buying stocks and earning yourself dividends! And make sure you make the most of that $50 referral bonus! =)

haha thanks man! I'm glad this video was able to help and you bet! I really should get a job with Questrade... I'm basically their biggest cheerleader at this point 😆 It would be pretty cool to get a sponsorship or something! =)

Thank you buddy and welcome to the channel! =)

Thank you Gayle! I'm glad you found my channel and that I was able to help! Happy investing! 😁

@@CanadianTShirt I just tried to use your promo code listed in your description and it wasn’t recognized????

Thanks buddy! I really appreciate that and thanks for watching! =)

Thank you Arya! I'm glad to hear it was helpful! =)

That's what I love to hear!!! I'm glad it was helpful! =)

Thank you Kevo! I'm happy to hear that! =)

Thank you Eritrea! I really appreciate that and I'm glad my videos have been helpful! =)

Thanks buddy! Great to see you in the comments as always! Have an awesome long weekend! =)

We all appreciate your passion and kindness! 👍🏻 Have a great weekend.

Thank you! I'm happy to hear it was useful! =)

Thank you Sergio! I really appreciate you supporting my channel! Happy investing! 😁

Thanks buddy! I appreciate that! =)

Thank you Nicola! I'm glad it was helpful! =)

Thanks Diana! I'm glad you found it helpful! =)

Thank you Matthew! I'm happy to hear these videos are helpful! =)

Thank you Natasha! I'm glad this video was able to help! =)

Thank you! I'm glad you found is useful! =)

Thanks David! I really appreciate the feedback and thanks for sticking through my videos until the end! I'll definitely be making a video on my favourite Canadian growth stocks but I'll be upfront, I very rarely invest in individual small cap growth stocks... unless I want to have some fun. When it comes to small cap growth stocks, I'd rather diversify in an ETF rather than trying to pick the needle in the haystack.... But I will be making more videos on growth stocks soon! =)

Thanks Jim! I'm glad it was helpful! =)

Thanks Chris! I'm glad it was helpful! =)