TFSA Simplified for Beginners | Investing Tax Free | Mistakes to Avoid

Поділитися
Вставка
  • Опубліковано 15 лют 2021
  • TFSA Simplified for Beginners | Investing Tax Free | Mistakes to Avoid
    In this video, we will be going through all things you need to know about TFSA and investing tax-free.
    Thank you so much for watching !!!
    ______________________________________________________________________________________
    Follow me on
    Instagram: / sandytalkscanada
    Facebook: / sandytalkscanada
    ______________________________________________________________________________________
    Investing offers for you !!!
    Wealthsimple Trade $0 commission stock trading app sign up now and get $10 to trade.
    Wealthsimple link: my.wealthsimple.com/app/publi...
    Use code MGNOHG if you already have a wealthsimple account
    Questrade: Fund your account and you'll get paid up to $250 directly in your account.
    Referral Link: www.questrade.com/account-sel...
    Qpass Key: 475719391449192
    Check out these helpful videos:
    What is RRSP, Should you contribute?: • What is RRSP? Should y...
    ETF, Mutual Funds, Index funds: • Mutual Funds vs Index ...
    Build your credit: • BUILD YOUR CREDIT | TI...
    Start investing from $100 as a student: • HOW TO INVEST IN STOCK...
    Buy crypto with low fees: • BEST CRYPTO EXCHANGES ...
    70,000 tax free for first home: • RRSP and Spousal RRSP ...
    how to get cheaper iPhone 12 pro max: • How to get cheaper pho...
    Canadian style resume to get job quicker: • HOW TO GET A JOB IN CA...
    How I paid my fees $19,000 on my own: • How I paid my fees on ...
    Best high paying jobs for students: • Best High Paying Part-...
    What is TFSA (Invest and retire early): • TFSA Simplified for Be...
    #canadianinvesting #TFSA #FinancialTalks #Taxfreeinvesting #CRA #CanadianTaxGuide #Internationalstudents #Invest #InvestinginHindi #StudentsTFSA #TFSAinHindi #FinancialTalksCanada #SandyTalksCanada
    Disclaimer: I am not a financial advisor. The contents on this channel are for informational and entertainment purposes only!!

КОМЕНТАРІ • 105

  • @Brar00013
    @Brar00013 3 роки тому +8

    M proud f u sis 😍🙏🏻☺️

  • @novelholic9088
    @novelholic9088 Рік тому +1

    This is so so informative. I would love more videos regarding finance from you. You explain so well. I am following your advice only and coming to Canada in December

  • @gunjan3829
    @gunjan3829 Рік тому +1

    So informative. Thank you so much❤️

  • @anmoljasyal3221
    @anmoljasyal3221 2 роки тому +2

    Mam your content is very appreciative

  • @sarabjeetsingh576
    @sarabjeetsingh576 3 роки тому

    very useful information..thank u so much 🙏🙏👍

  • @manpreetsidana18
    @manpreetsidana18 3 роки тому +2

    Great job Sandy!!

  • @lovepreet_25
    @lovepreet_25 2 роки тому +2

    Informative 👍🏻

  • @aashishsun1983
    @aashishsun1983 Рік тому

    Thankyou for clearing doubts

  • @aishwaryasarda2957
    @aishwaryasarda2957 Рік тому

    Thank you so much! well explained!

  • @ririraman7
    @ririraman7 11 місяців тому

    You are simply awesome, thank you very much Sandy

  • @manashsingh6550
    @manashsingh6550 Рік тому +1

    Sandy nice information by you

  • @imranshaik6735
    @imranshaik6735 Рік тому +1

    Best video I have found on youtube to understand TFSA account, Awesome 🤩

    • @SandyTalksCanada
      @SandyTalksCanada  Рік тому +1

      Best comment I read today ❤️❤️🙏i am glad it helped thank you so much

  • @samarthjoshi8037
    @samarthjoshi8037 Місяць тому +1

    Superb❤

  • @jashansingh-sj8rr
    @jashansingh-sj8rr 3 роки тому +2

    Thats some good stuff to know sis. Thanks

  • @arjun6leo
    @arjun6leo 3 роки тому +2

    Congrats and Well done Sandy..

  • @proresume8
    @proresume8 3 роки тому +2

    valuable information. keep it up buddy 👍🏻

  • @khawarraza8064
    @khawarraza8064 Рік тому +4

    Sandy, your videos are best source of information for a newcomer like me. Keep it up, daughter! Love from a Pakistani uncle.

  • @roop.kaur15
    @roop.kaur15 3 роки тому +3

    Chaa gye chotu.. much love and power to you 😘

  • @beunique6974
    @beunique6974 2 роки тому +5

    This channel is 200% fit example why our community dont like education videos....trust me ...i watched 100 of investors who give their suggestion what to do how to do....but nobody tell what she tell in just 10 mints.....didi ....really really 🙏

    • @beunique6974
      @beunique6974 2 роки тому

      I think i write wrong...basically my mean is this is most under-rated channel from punjabi investors channel.

  • @kanikamaheshwari9732
    @kanikamaheshwari9732 Рік тому

    Hi Sandy loved ur this video as well as usual❤.
    Just a quick question, TFSA is a account with the bank we usually have savings and chequing account right? So, how can one have a TFSA with a virtual app like Wealthsimple?

  • @ravinderkaur6950
    @ravinderkaur6950 3 роки тому +1

    Good informat

  • @abhishekpundir5205
    @abhishekpundir5205 Рік тому +1

    Grt video

  • @naturevedios31
    @naturevedios31 2 роки тому +1

    Beauty with brains

  • @rajindersingh-hw1pv
    @rajindersingh-hw1pv Рік тому +1

    Where do you find all this information and where one can learn and read all this information about taxes and financial stuff

  • @preet6969
    @preet6969 3 роки тому +2

    Great. Good luck

  • @zulfizulfiqar9377
    @zulfizulfiqar9377 4 місяці тому +1

    Thank you sister for understanding me in simple language. Best wishes

  • @brigadierbrigadier6356
    @brigadierbrigadier6356 3 місяці тому +1

    Kitni awesome hai yaar ❤❤❤❤❤so cute ❤❤

  • @canadianpunjabi907
    @canadianpunjabi907 Місяць тому +1

    hi.. can i know do these working hours includes in sin ? as a student can i do as much as i want ??? and why they need sin… please answer sister❤

  • @prasaad396
    @prasaad396 Рік тому

    Mam in video i think u sed kahi aap intraday to nahi kar rahe ....so can an indian do intraday in canadian equity shares while being in canada. pl advice thnx

  • @Footballrules884
    @Footballrules884 3 роки тому +2

    Heard your beautiful voice after so long .

  • @jatinbrother5850
    @jatinbrother5850 2 роки тому +1

    I dont know didi abhi subscribers itne km kyu h aisa content muje nhi milrha yhaan pr aap bhot information laarhe ho i am pretty sure yh channel bhot bda bnne wala h soon ! M b bnaane wala hu channel and saara yhi financial student life dikhaunga 😉 u gotaa interview me soon lol

  • @falTuvlogs774
    @falTuvlogs774 6 місяців тому

    hey,
    my question is, can i deposit into TFSA at the end of the year and will that deposit still count as tax free

  • @RajinderKumar-nj8hx
    @RajinderKumar-nj8hx 3 місяці тому

    Mam super visa in canada kya main stock market me invest kar skta hoon please answer

  • @gurmukhsingh666
    @gurmukhsingh666 3 роки тому +3

    Thnku sis

  • @Emm_Ess
    @Emm_Ess 3 місяці тому

    Can we do day trading buy sell in TFSA account ?

  • @pawanphotography6262
    @pawanphotography6262 2 місяці тому

    Ede vich resk free investment govt bonds a only

  • @universe999
    @universe999 День тому +1

    Excellent

  • @d3b798
    @d3b798 6 місяців тому

    If I want to buy stocks from indian market then how can i do that?

  • @beunique6974
    @beunique6974 2 роки тому +1

    Didi can i able to open different rrsp accounts or only one because my employer contribute to rrsp but i need to open account with insurance company that have tie up with company where stock investing option is not available.

    • @SandyTalksCanada
      @SandyTalksCanada  2 роки тому

      you can open any number of RRSP accounts but stick to your RRSP contribution limit.

  • @rakshitsaini7128
    @rakshitsaini7128 Рік тому

    Kya is me criptocurrency bhi buy Kar sakte hai

  • @hiccup108
    @hiccup108 6 місяців тому

    Can we buy bitcoins & crypto as an international students?

  • @gurwindermanes3502
    @gurwindermanes3502 8 місяців тому

    Hlo sandy S&P 500 american hai ya canadian ????? Please answer

  • @rajanveersingh4423
    @rajanveersingh4423 Рік тому

    madam ji sanu bujja nu v samjh agya ji sirra laata ji

  • @sahilkakkar8679
    @sahilkakkar8679 2 роки тому +3

    few questions...
    first thanks for this informative video.
    i dont have track of my usage of contribution limit but i am sure i didnt over do.is there any way i can keep track? or do CRA have a track of limit being used?
    and other question
    for example
    i came in 2018 and my contribution limit upto now in 23500$
    n i have roughly 18k in my acoount till date .if i withdraw 8k in december and cra give 6000$ for 2022
    what would be my total contribution limit for 2022?

    • @SandyTalksCanada
      @SandyTalksCanada  2 роки тому

      Thanks sure for limit you can check online in your cra, and then deduct this years contributions

    • @sahilkakkar8679
      @sahilkakkar8679 2 роки тому +1

      @@SandyTalksCanada okay no i am actually confused..so for exampld if you added 9000$ and with profit you made 14000$ and you withdraw $4000 and after a month you again add $4000..so how much i actually used my limt? my total contribution limit is 23500$.

    • @SandyTalksCanada
      @SandyTalksCanada  2 роки тому

      @@sahilkakkar8679 so cra would consider any deposit you make in a TFSA in a year . If you withdraw you can regain that limit next year only on 1st jan. But you are safe in this case because you have more contribution limit

    • @sahilkakkar8679
      @sahilkakkar8679 2 роки тому

      @@SandyTalksCanada oh okay..so basically i used 9000+4000 =13000 upto now right

    • @SandyTalksCanada
      @SandyTalksCanada  2 роки тому

      @@sahilkakkar8679 yes

  • @hardeepsinghdhillon3970
    @hardeepsinghdhillon3970 2 місяці тому

    Hlo mam pls tell me if my work permit is expiring so then what I need to do withdraw my money to continue with it. Is this legal or not
    Pls must reply

  • @RidhiSethi
    @RidhiSethi Рік тому +2

    Great video!!
    One question: What if I want to trade in Indian stocks , is there any app for that? Or can I operate using my sibling's demat account who is staying in India, how to I avoid taxes on it ?
    I'm new to investing and this video cleared so many doubts, thank you :)

    • @RanjeetSingh-zb5ww
      @RanjeetSingh-zb5ww Рік тому

      Aap cousion ka account use kr skte ho mai v aisa hi krta hu canada me Zerodha use krta hu

  • @devbasnet5043
    @devbasnet5043 6 місяців тому

    Hlo
    Didi mughye bhiee ye sikna hey
    Like how to invest in wealthsimple in canada so plz
    Can you teach the trading process

  • @chilledsam3025
    @chilledsam3025 5 місяців тому

    Can you explain 5:16 part with an example?

  • @nimishshinghal6582
    @nimishshinghal6582 Рік тому +1

    Thank you 🙏 atleast you are not talking in Punjabi, so that me b samaj paya

  • @Simple_writings
    @Simple_writings 20 днів тому

    Can’t we withdraw and deposit back and forth as we do in normal accounts?

    • @SandyTalksCanada
      @SandyTalksCanada  20 днів тому

      You can only deposit back if you have the extra limit, if you already used all your contribution room then you have to wait for the Jan 1 next year.

  • @akashdeepsingh2562
    @akashdeepsingh2562 Рік тому

    Is TFSA account only opens Canadian’s resident?

    • @SandyTalksCanada
      @SandyTalksCanada  Рік тому

      No anyone on valid study, work status can open too in addition to the PR and citizenship holders

  • @akashanuragi5602
    @akashanuragi5602 Рік тому

    👍👍🙏😯

  • @mr.relax1981
    @mr.relax1981 Рік тому

    Hi sis, my new in canada and new to investment, need a guidance on wealthsimple app, as I have downloaded. So need for guidance on how to invest Tru it.

    • @ourjourneytogether3500
      @ourjourneytogether3500 Рік тому

      Wealthsimple app is simple and easy. Also you can call there Help desk and that is best way.
      All about TFSA > ua-cam.com/video/4K8zoAPHpPk/v-deo.html

  • @komalsekhon8787
    @komalsekhon8787 Рік тому

    Is it must to buy stocks ,ETF etc...or we can just save money here in TFSA ?

    • @ourjourneytogether3500
      @ourjourneytogether3500 Рік тому

      Saving is good but it wont help to beat inflation and value of money goes down. Recommend to buy safe product like GIC etc.
      All about TFSA > ua-cam.com/video/4K8zoAPHpPk/v-deo.html

  • @beunique6974
    @beunique6974 2 роки тому

    Hii didi .....if i hold candian stock with divided ...will i need to pay with holding tax...2)if i hold stock like tesla which dont pay any divide in tfsa ...will i need to pay with hold tax on tesla or any usa stock who dont pay any dividends

    • @SandyTalksCanada
      @SandyTalksCanada  2 роки тому +1

      There is no withholding taxes on Canadian dividend stocks in TFSA.
      2) For Tesla, there is no withholding taxes.

    • @beunique6974
      @beunique6974 2 роки тому

      @@SandyTalksCanada thanku so much🙏

    • @RanjeetSingh-zb5ww
      @RanjeetSingh-zb5ww Рік тому

      Pls rply bro tsfa wealth simple me
      Hum stocks sell and buy actively kr skte hai ?
      Means Aj buy Kia 2-4 days baad sell kr dia aisa kr skte hai ?
      Agr Nhi kr skte to minimum kitne time baad sell krna chahie

  • @RanjeetSingh-zb5ww
    @RanjeetSingh-zb5ww Рік тому

    Pls rply Mam tsfa wealth simple me
    Hun stocks sell and buy actively kr skte hai ?
    Means Aj buy Kia 2-4 days baad sell kr dia aisa kr skte hai ?
    Agr Nhi kr skte to minimum kitne time baad sell krna chahie

    • @SandyTalksCanada
      @SandyTalksCanada  Рік тому +1

      Frequency is not defined by CRA but these accounts are meant for investing not active trading I would say.

    • @RanjeetSingh-zb5ww
      @RanjeetSingh-zb5ww Рік тому

      @@SandyTalksCanada can we call them and ask them k kitne time baad sell kr skte hai ?

    • @jasleenxiicommgreen9639
      @jasleenxiicommgreen9639 7 місяців тому

      @@RanjeetSingh-zb5wwdid you get to know about this? If yes tell me

  • @rubalpreetsinghgill2917
    @rubalpreetsinghgill2917 3 роки тому +1

    Best investment vehicle in TFSA is Segregated funds. 😎

  • @HarpreetKaur-ln6xw
    @HarpreetKaur-ln6xw Рік тому

    6000 ik bar e deposit kar sakta hai ja fir every month 500 can do plz

  • @balpreetkaur4288
    @balpreetkaur4288 2 роки тому +1

    where to open tfsa account

    • @SandyTalksCanada
      @SandyTalksCanada  2 роки тому

      Start with WEALTHSIMPLE link is in description you will 2 free stocks as well it’s a limited time offer.

    • @balpreetkaur4288
      @balpreetkaur4288 2 роки тому

      can you please tell how much interst wealth simple gives us

    • @RanjeetSingh-zb5ww
      @RanjeetSingh-zb5ww Рік тому

      0

  • @HarpreetKaur-ln6xw
    @HarpreetKaur-ln6xw Рік тому

    Main Canada 2021 ma ayi thi main 12000 deposit kar sakdi Ho

    • @ourjourneytogether3500
      @ourjourneytogether3500 Рік тому

      You can invest 6000 + 6000 for year 2021 and year 2022, for year 2023 you can deposit 6500. So you can invest 12000. Also recommend to check with Bank when you open the account.
      All about TFSA > ua-cam.com/video/4K8zoAPHpPk/v-deo.html

    • @RanjeetSingh-zb5ww
      @RanjeetSingh-zb5ww Рік тому

      Yes

  • @isushiman
    @isushiman 4 місяці тому

    Hi sister
    Nice explanation
    You did mentioned about dividend gains in Tfsa
    Like let’s say
    Our limit for tfsa is 10k
    In that year , we earned 15k so that 5k is capital gain and nothing happen to our contribution limit which is fine
    What if we loose like
    Out of 10k limit
    We loose due to bad stock and in that same year we have like 3k only
    So what will happen to contribution room ?

  • @khushislays2305
    @khushislays2305 2 місяці тому +1

    These are real influencers ❤ proud of you sis🤍