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

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  • Опубліковано 5 лис 2024

КОМЕНТАРІ • 64

  • @stephandden
    @stephandden  3 роки тому +4

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

  • @Maiasgameroom
    @Maiasgameroom 2 роки тому +2

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

  • @mapete24
    @mapete24 3 роки тому +5

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

  • @xoReni
    @xoReni 3 роки тому +7

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

  • @JessieEmile
    @JessieEmile 2 роки тому +1

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

    • @stephandden
      @stephandden  2 роки тому

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

  • @CMWUR
    @CMWUR 3 роки тому +1

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

    • @stephandden
      @stephandden  3 роки тому +1

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

  • @princekaguo
    @princekaguo 3 роки тому

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

  • @daniellen.5148
    @daniellen.5148 3 роки тому +2

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

    • @stephandden
      @stephandden  3 роки тому

      Amazing, thanks so much Danielle! 😊✨

  • @highenergynutrition
    @highenergynutrition Рік тому

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

  • @Rhy-vd6dg
    @Rhy-vd6dg 3 роки тому

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

    • @stephandden
      @stephandden  3 роки тому

      Yay we love that! 🙌🏾🙌🏻

  • @Erica-cp8lb
    @Erica-cp8lb 2 роки тому +2

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

    • @stephandden
      @stephandden  2 роки тому +2

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

    • @mdte5421
      @mdte5421 2 роки тому

      I’m 46 so be happy 😇

  • @thinkinvesting8022
    @thinkinvesting8022 3 роки тому +8

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

  • @zarmeenjamilkhan417
    @zarmeenjamilkhan417 3 роки тому +2

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

    • @stephandden
      @stephandden  3 роки тому +1

      Thanks so much 😊 & great suggestions!

  • @tylergerrard4939
    @tylergerrard4939 3 роки тому

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

  • @JamaGreekCrew
    @JamaGreekCrew 3 роки тому +1

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

  • @nesbitt48
    @nesbitt48 3 роки тому +1

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

  • @cameronrbarclay
    @cameronrbarclay 3 роки тому +1

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

  • @tabp7330
    @tabp7330 3 роки тому

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

  • @vivianaarboledag.4928
    @vivianaarboledag.4928 3 роки тому

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

    • @stephandden
      @stephandden  3 роки тому

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

  • @marinaromero4953
    @marinaromero4953 3 роки тому

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

    • @stephandden
      @stephandden  3 роки тому +1

      Thanks Marina, so glad they’re helpful! 😊

  • @ing1018
    @ing1018 2 роки тому

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

    • @stephandden
      @stephandden  2 роки тому

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

  • @adventurousbec
    @adventurousbec 3 роки тому

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

  • @ruthdecady8018
    @ruthdecady8018 2 роки тому

    Just found your channel! Love it!

    • @stephandden
      @stephandden  2 роки тому

      Yay, welcome!! Glad you're here 😊

  • @karend7487
    @karend7487 3 роки тому

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

  • @Healthyhabits06
    @Healthyhabits06 3 роки тому

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

  • @smartinez943
    @smartinez943 3 роки тому

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

    • @stephandden
      @stephandden  3 роки тому

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

  • @daniel.woodcock
    @daniel.woodcock 3 роки тому

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

    • @ferozali7312
      @ferozali7312 3 роки тому

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

    • @stephandden
      @stephandden  3 роки тому

      Thanks Daniel! 😊

  • @TheSuperHeroOfLove
    @TheSuperHeroOfLove 3 роки тому

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

    • @stephandden
      @stephandden  3 роки тому +1

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

    • @TheSuperHeroOfLove
      @TheSuperHeroOfLove 3 роки тому

      @@stephandden Thank You My Friends! 🙏❤️😊

  • @ornela2
    @ornela2 3 роки тому

    Commenting before watching lol( for the algorithm)

    • @stephandden
      @stephandden  3 роки тому

      We appreciate you! 🙌🏾🙌🏻

  • @Tobb_226
    @Tobb_226 3 роки тому

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

    • @stephandden
      @stephandden  3 роки тому

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

  • @vvkouna
    @vvkouna 3 роки тому

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

    • @stephandden
      @stephandden  3 роки тому +1

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