HOW TO INVEST A $65,000 SALARY TO BECOME A MILLIONAIRE IN CANADA 🇨🇦 ? | Piyush Canada

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  • Опубліковано 2 жов 2024
  • Wealthsimple(NOT SPONSORED): my.wealthsimpl...
    INVESTING VIDEO: • HOW TO INVEST IN STOCK...
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КОМЕНТАРІ • 122

  • @GabrielAnthony-09
    @GabrielAnthony-09 2 місяці тому +108

    Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.

    • @LeoLevi00
      @LeoLevi00 2 місяці тому

      The strategies are tough for average people. They're usually done well by experts with lots of skills and knowledge.

    • @claircourtway
      @claircourtway 2 місяці тому

      @@LeoLevi00 I agree. From my own experience with an investment advisor, I've got $1 million in a diverse portfolio that's growing fast. It's not just about having money for stocks; you need to know your stuff, stay determined, and be resilient.

    • @Elliot-Ivan
      @Elliot-Ivan 2 місяці тому

      @@claircourtway Mind if I ask you to recommend this particular coach you using their service?

    • @claircourtway
      @claircourtway 2 місяці тому

      @@Elliot-Ivan VICTORIA CARMEN SANTAELLA is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @chantel-h1r
      @chantel-h1r 2 місяці тому

      @@claircourtway Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

  • @FlorianHelmut
    @FlorianHelmut Місяць тому +22

    I will forever be indebted to you Mrs. Vanessa Kyla. You have changed my whole life, I will continue to preach your name for the world to hear. You saved me from huge financial debt with the little I had. Thank you Mrs. Vanessa Kyla.

    • @sosin_lindner
      @sosin_lindner Місяць тому

      I'm surprised you just mentioned Vanessa Kyla here. I met this woman at a conference in 2018 and we've been working together ever since.

    • @Def-x9g
      @Def-x9g Місяць тому

      I am very happy to see Ms. Vanessa Kyla mentioned here. A family friend recommended her to me when I was in Italy during the Corona crisis. She is amazing.

    • @Satoko_Ban
      @Satoko_Ban Місяць тому

      How did you do that? I'm new to investing. Can you guide me?

    • @FlorianHelmut
      @FlorianHelmut Місяць тому

      SHE'S ON TELE GRAMM

    • @FlorianHelmut
      @FlorianHelmut Місяць тому

      @Investwithvanessa... That's her name

  • @GokulSharma-c8s
    @GokulSharma-c8s 8 місяців тому +8

    Man you are the best youtuber I have ever seen who makes video for canadian students and showing the best path to everyone and I totally agree with you in each and every concept ... but I wanna suggest you, like you should tell people to invest in Indian market because I believe that it has alot more potential in comparison to canadian and us market and it can give alot more returns in coming 10 years I hope you will agree with this. Keep going you are on the right path man you are really awesome 👌 👏 👍

    • @GokulSharma-c8s
      @GokulSharma-c8s 5 місяців тому

      @@MoneyMatters1028 check Debt to gdp ratio all top growing and developed countries in the world and we can say india is in way better position than all and indian market have not given that much return and if you look at nifty's pe ratio it is near it's Median pe which is great and I believe from here indian market will be very attractive for all the investors out there as all the broking companies are bullish on indian market so am I baki bhai sbka apna point of view h and rahi baat edr settle hone ki ya india vo toh m manta hu ki india se achi jgha koi ni h retirement enjoy krne ki 😅

    • @GokulSharma-c8s
      @GokulSharma-c8s 5 місяців тому

      @@MoneyMatters1028 trust me buddy if you are 20-23 start 3 sips in nifty bees mid cap top q00 fund small cap top 100 fund with 10k per month dividing all the money equally in 3 parts like 3333 in all three for 20-25 years with increment of 5-10% on the investment every year. Zada nai toh 5-10 crore toh ho jaega bhut aram se Kam se Kam uske baad sip band krke swp start kr Dena bethe bethe mahine ka 1.5 lakh aaega or Jo principal amount h vo bhi badhti rahegi

  • @satvikkhare1844
    @satvikkhare1844 8 місяців тому +2

    Aag lagi hui hai Canada me, rents have gone crazy. Forget investing, this amount is just barely enough for living expenses. Difficult to raise family with single income. Canada is not the same it use to be before Corona

  • @minikinmicros
    @minikinmicros 8 місяців тому +3

    Thanks for the disclaimers and sound advice . Much needed 🙏

  • @vinita1joshi252
    @vinita1joshi252 7 місяців тому +2

    Ideally i believe we should invest 500 and another 500 in RRSP or FHSA so that we can take full tax rebate benefit.
    Once one maxed out FHSA then should invest that 500 more on funds.

  • @gunitakour4113
    @gunitakour4113 8 місяців тому +1

    #piyushcanada
    Big kudos to you for being a true game-changer in the world of student support! Your UA-cam channel has become a lifeline for countless learners, offering practical tips, encouragement, and a friendly face during tough academic times or any issue facing here in Canada .. you are giving them a free guidance without charging any penny 🎉 may be you are having some issues in your life but you never showed a down face and always bring your happy & smily face to shower positivity.. Your impact on students is immeasurable! 🌟 countless congratulations and blessings 🎉( but mere pass Abhi paise nahi h jab honge I know where to watch 😂 cuz I am in foundation course )

  • @MadhurVerma0102
    @MadhurVerma0102 8 місяців тому +2

    Piyush bhai aap bohot Acha contants par video Bana rahe ho... this video helps me alot....
    Market mei best investment opportunities and options kya hai iss time par with high returns and less risk uss par bhi ek fresh video Bana do... 2024 year ke according....

  • @kirmanisr
    @kirmanisr 8 місяців тому +2

    Wallah such an informative video. Plz make more of such videos n help novice like me to gt sm idea regarding investing n getting more out of avg salary. Keep up the good work bhai....

  • @sidharthkashyap6241
    @sidharthkashyap6241 Місяць тому

    brilliant video bro! keep it up!

  • @solaimanbinsamad5048
    @solaimanbinsamad5048 8 місяців тому +2

    Your videos are always helpful bro.. Thanks a lot

  • @amrutharaoch3033
    @amrutharaoch3033 8 місяців тому +1

    Rent cuts out most of the expenses. $950 rent .is it when you share the apartment with someone or is it the price of single bedroom apartment

  • @aqsashaikh4107
    @aqsashaikh4107 8 місяців тому +1

    So many youtubers but i love your content and logical thinking

  • @SEOWork-vv4cd
    @SEOWork-vv4cd 6 місяців тому

    Interest haram for muslims. Any alternative?

  • @bathla007
    @bathla007 8 місяців тому +2

    Great content but want to correct you on some things
    1- Minimum car insurance cost for new driver is 400+, even for experienced it's 200+ in GTA, I heard insurance is subsidised so it's less in other provinces.
    2- Gas cost for car could be around 200+, depends on car usage.
    3- Rent 950, not possible in GTA, Vancouver or Montreal if you want an apartment, even basement unless you share it with multiple people, minimum rent for an apartment in GTA is 2500+.
    4- Rental insurance which coust around 20+ dollars.
    Good suggestions on investment.

    • @PiyushCanada
      @PiyushCanada  8 місяців тому

      Canada is not GTA. And GTA is not Canada. Insurance depends on how many problems you want insurance to cover. Can be as low as $80 and as high as $600-700
      But great inputs, thank you. I appreciate it.

    • @bathla007
      @bathla007 8 місяців тому

      @@PiyushCanada no offence, but the audience you are targeting mostly come to GTA, Montreal, Vancouver or Winnipeg and AFAIK conditions are same in all these places, nobody is going to thunder bay, Nunavut or remote areas of Canada
      Regarding problems inclusion in insurance,.you won't be getting a good insurance in 200 dollars for sure and good luck on spending deductibles if something happens to your car or someone else's car.

    • @PiyushCanada
      @PiyushCanada  8 місяців тому +1

      @bathla007 I live in BC and pay $184 in insurance. I have everything Comprehensive, collision etc. deductible is $300-$500.
      Although it really depends on where you live, for example in Richmond this would he double.

  • @harshilparikh238
    @harshilparikh238 8 місяців тому +1

    Your video is really good, informative & to the point. Thank you.

  • @Bombaekar
    @Bombaekar 8 місяців тому +1

    Piyush it will be great it you make a video of how to apply for jobs in Canada. What are the best way to modify your resume, cover letter etc.

    • @PiyushCanada
      @PiyushCanada  8 місяців тому +1

      Next video on one of the topics. Promise.

  • @prayassharma2322
    @prayassharma2322 8 місяців тому

    Everything is mostly covered. Thank you for making such "in-depth" videos. Make more often on investing. There are hungry wolves out in Canada like me. Piyush Merwal: Better than any vlogger out there on the Internet ..!

  • @storyfeelyt
    @storyfeelyt 8 місяців тому +2

    Canada best course kon sa hai please sir reply❤

  • @Dalalstreettrader15
    @Dalalstreettrader15 6 місяців тому +2

    Me still watching while working as a Investment analyst at big 4 bank Canada 😂😂

    • @PiyushCanada
      @PiyushCanada  6 місяців тому

      Hahaha noooo 😭😭😭
      Sorry if I made a mistake here and there. Still learning.

  • @amitbhattacharjyya2088
    @amitbhattacharjyya2088 Місяць тому

    Bhai kya faida. After 26 years it will be valueless. Even today one house cost 1million in canada. That time you will not get even a 1bhk in India also with that price. In bengalore , mumbai, gurgaon, pune aacha flats r touching 2cr today.

  • @nimeshparmar6762
    @nimeshparmar6762 8 місяців тому

    Realy good and informative video Manoj.

  • @jontyrhodes4155
    @jontyrhodes4155 8 місяців тому

    what's salary of BSA in nova Scotia power corporation Halifax, working in advance metering infrastructure,,, since 4 years ?
    Is this salary enough to purchase a house in Halifax, a brand new mustang without taking any loans ?

  • @AnimalVideo-bp6oc
    @AnimalVideo-bp6oc 8 місяців тому

    My suggestion will be buy some worth of Bitcoin apart from that invest in yourself so return will be infinite

  • @JayPatel-ge5py
    @JayPatel-ge5py 8 місяців тому +1

    Hello. Sir
    Im Jay I got my admission in University of Guelph for biomedical sciences.
    Can you please make a video on what an International student has to do as soon as he lands in Canada and what all should he do before boarding his flight? Meaning preparations and how to order the SIM the best SIM for Canada. And how to activate his or her bank account

  • @yashajmeri4079
    @yashajmeri4079 7 місяців тому

    Could you please give me a formula of calculating these amounts....

  • @DigitalBusinessDrive
    @DigitalBusinessDrive 8 місяців тому

    Well explained can share your portfolio of wealth simple

  • @amitkrpandey3487
    @amitkrpandey3487 8 місяців тому +1

    Family ko kya paise bhajna hai?

  • @Theactualstoic
    @Theactualstoic 7 місяців тому

    Hi Piyush please make a video on proof of funds for canada visa

  • @suman_shekhawat
    @suman_shekhawat 8 місяців тому +1

    Ur going so good don sir😊

  • @kevinpoly9943
    @kevinpoly9943 8 місяців тому

    Can international students invest in stocks without affecting PR process?

  • @sharadbarot7319
    @sharadbarot7319 8 місяців тому +1

    Very informative

  • @jashandhillon7716
    @jashandhillon7716 7 днів тому

    well explained reality

  • @evwatch
    @evwatch 8 місяців тому

    How does investing 491$ bi-weekly for 12 months work for someone who just landed here on PR or Work Visa?
    The contribution limit for 2024 is 7000$ and for 2023 is 6500$. It would have been great if you had factored that scenario as well.
    Good video, nonetheless!

  • @maheshp7208
    @maheshp7208 7 місяців тому

    How to find an apartment in Vancouver

  • @narajpoot997
    @narajpoot997 7 місяців тому

    Sir Canada ka work visa kese mile ga sir I really need for Canadian work visa me middle class family se hu mujhy waqaie zroort h work vise ki agr AP k passkoi visa h to bta Dena ya apply krne ka koi tareeka h to bta Dena please

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @sharmansakshi
    @sharmansakshi 8 місяців тому +3

    The best part of the video is the ‘PERSPECTIVE’ and the idea of investing/starting from somewhere rather than being nowhere.
    Plus the background caught my attention for most part of the video so I had to rewatch it again for the actual content 😂
    Good one Piyush!!

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @DikshaRani-on2kx
    @DikshaRani-on2kx 4 місяці тому

    Can i keep it for 5 years

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @rutvilrabari6345
    @rutvilrabari6345 8 місяців тому

    Bhai after bachelors of commerce ke liye koi acche programs ki video banao please

  • @diesel6594
    @diesel6594 4 місяці тому

    Go home!

  • @aaronmaan
    @aaronmaan 3 місяці тому

    Hi bro… TFSA account me intraday trading se jo capital gain hoga kya wo bhi tax free hai???

  • @randomstuff0069
    @randomstuff0069 8 місяців тому

    Damn, thanks man. Seems possible

  • @vasuanand30
    @vasuanand30 8 місяців тому

    Bhaiya ka international students ka liya bhi

  • @vibhumalhotra2506
    @vibhumalhotra2506 8 місяців тому

    😂 all the best😂 millionaire after 26year 😂

  • @prabeshchhetri3842
    @prabeshchhetri3842 8 місяців тому

    Not worth it. Putting money into the financial sector for 8% interest for 26 years and only getting 1 million.... We get more return on investing real estate in 26 years....1k a month for 26 years....What kind of idea is this?

    • @PiyushCanada
      @PiyushCanada  8 місяців тому +1

      I agree with you that real estate if it grows at the rate it has been growing, will yield way more results much faster.
      Tho whole essence of the video is to introduce a concept. There is no right or wrong answer.

    • @MrSohildeep
      @MrSohildeep 8 місяців тому

      In real estate you can leverage plus it’s not completely passive…..you can do same thing with trading (use leverage) and probably achieve the goal of 1 million maybe in just 3-4 years

  • @GurpreetDhariwal
    @GurpreetDhariwal 8 місяців тому +5

    I truly admire your courage of inspiring others. I am learning a lot from your videos. Also, I am flying to Canada in Sep 2024.

    • @mdurrani7958
      @mdurrani7958 8 місяців тому

      Your university and province

  • @xen0076
    @xen0076 8 місяців тому

    Definately liking the new content

  • @tasdidjubaerjuha1878
    @tasdidjubaerjuha1878 8 місяців тому

    Thank you piyush vai❤

  • @singhpablasgaming9993
    @singhpablasgaming9993 8 місяців тому

    Hi brother I’m an eco and finance major student
    But this is first time I’m getting into this field as I was a non med student in india
    Can you advice me a good channel for microeconomics statistics 1770(stats beginning )and 2100 accounting ( account beginners )

  • @navjotsingh2457
    @navjotsingh2457 2 місяці тому

    ty

  • @ashmaddy04
    @ashmaddy04 8 місяців тому

    Woh theek hai par bhai in 26 years 1MM milega par us 1MM ki purchasing power Kya yogi? Plus kitney aur expenses ayengey kids university etc!

    • @PiyushCanada
      @PiyushCanada  8 місяців тому

      I 100% agree with you. Thats why I mentioned that I havent factored in income increase and getting married.
      Also, better to have it then not have it.

  • @SachkiratSinghCanada
    @SachkiratSinghCanada 8 місяців тому

    👏🏻

  • @ravinderkumar-cm4cy
    @ravinderkumar-cm4cy 8 місяців тому

    Mother father kha jayege

  • @ashokc1988
    @ashokc1988 7 місяців тому

    Adbhut bhai

  • @HyderabadiinYukon
    @HyderabadiinYukon 8 місяців тому

    Bhai Gaadi Muut se chalani hai?

    • @PiyushCanada
      @PiyushCanada  8 місяців тому +1

      Jaan 200-300 adjust karlo idhar udhar calculation me.
      Why so much hate in this world?
      Itna gussa kyu?

  • @hnytraveltourspvt.ltd.803
    @hnytraveltourspvt.ltd.803 5 місяців тому

    Such information

  • @ojasbakshi8089
    @ojasbakshi8089 8 місяців тому

    Good one 😊

  • @harshilparikh238
    @harshilparikh238 8 місяців тому

    Thanks!

  • @25sazzadhossain73
    @25sazzadhossain73 8 місяців тому

    where to put emergency fund?

    • @PiyushCanada
      @PiyushCanada  8 місяців тому

      Any High yield savings account. EQ Bank is nice.

    • @25sazzadhossain73
      @25sazzadhossain73 8 місяців тому

      @@PiyushCanada please make a video regarding this, where to put savings fund, investment fund, etc also how to make it automatic so that we don't overspend.

  • @ukrainemylove6184
    @ukrainemylove6184 8 місяців тому +1

    Leave 🇨🇦 ASAP , quality of life in 🇮🇳is better then 🇨🇦
    Investment in 🇨🇦 doesn’t worth it because of high taxation 😱
    🇺🇸 stock market is the best for investment .

  • @AJ-vz4os
    @AJ-vz4os 8 місяців тому

    You forgot to add Monthly Gas ( petrol) expense for car minimum $250/ month= $3000/ yearly.

  • @udaysenareddysappidi
    @udaysenareddysappidi 8 місяців тому

    Hey bro, i got my letter of acceptance from Fanshawe college, London and my course is Civil engineering technology. I'm coming in Sep 24 intake after my 12th. I want to get into the mining industry after finishing my course and the reason I choose civil instead of mining is that I'd have more opportunities with civil engineering technology. Do you happen to know anything about whether it'll be easy to get into the mining sector after civil or anything about that or any suggestions?
    Thanks !

    • @PrinceGoit-q4e
      @PrinceGoit-q4e 8 місяців тому

      well there is many vaccancy avilable in all sector but they ask canadian experience and that is where the problem is 99% it students don't get their respective career jobs while 50% it job are vaccant then why they don't hire the new graduates it's because of not having canadian experience or not haing referal.
      so if there is co-op avilable give your all to get a job in construction site as college doesn't give a dammm about if find your co-op or not. they are there just take as much money as they can you have do everything on your on.

    • @udaysenareddysappidi
      @udaysenareddysappidi 8 місяців тому

      @@PrinceGoit-q4e thanks man! And yea there are 12 months of co-op with the course

    • @asadb1990
      @asadb1990 8 місяців тому

      ​@@PrinceGoit-q4ewell thats how it should be. But lately im seeing many employers are hiring fob immigrants for cheap but they need some direct experience to the job. But remember these workplaces are very tense and toxic.

  • @satishsangwan007
    @satishsangwan007 8 місяців тому

    Are you a millionaire?

    • @PiyushCanada
      @PiyushCanada  8 місяців тому

      Not yet

    • @satishsangwan007
      @satishsangwan007 8 місяців тому

      You haven't done it, so I'm not gonna take your advice brother

    • @PiyushCanada
      @PiyushCanada  8 місяців тому

      You have a good day my friend.

  • @ishaansaini3
    @ishaansaini3 8 місяців тому

    Bhai Insta pe follow kyu kare aap msg toh check nhi karte 😑