Do people in your country invest ?
https://www.youtube.com/watch?v=dXp64bltOnQ&list=RDdXp64bltOnQ&start_radio=1
Wallstreetbets is a joke meant to sucker retards into pumping while they dump. Only a complete retard would follow their advice.
>>218808127Is there a better country than Canada to invest from? With a TFSA and FHSA as soon as you turn 18 you can invest already about 15000$ tax free. And much lower withholding taxes than the U.S. on international dividends. My dividend ETFs are like banana farms from Bloons Tower Defense.
>>218808502Also forgot to mention in Canada you can invest in tangible things like banks and commodities instead of imaginary silicon wafers and Cleverbot.
>>218808127I invested some money in company I work for but got bored and sold everything
But if you have access to Russian stock market I'd recommend you buying Polyus (gold mining company) stocks.
guh
>>218808127I have 40k USD invested into government interest rate-tied bonds for 2028 and 2031, but that's it
>>218808127I made a few thousand on the gamestop squeeze, after that wsb went to shit so i stopped going there
>>218808600What on earth??
>>218808127Ah yes wallstreetbetsThey never learn
>>218808539>>218808502I'll invest in Canada
I was doing pretty well then trump dropped his tariff news and I started losing money and went I retarded with leveraged bets, lost more money and quit haven't touched stocks since then, I've decided to just be poor
>>218808600BasedNow that's faustian spirit
>>218808622Start selling puts
>>218808732https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophyNigga just dollar-cost average into low-MER cost ETFs. The line of the market will always go up.
>>218808127Makes me enough money to live a comfortable neet life. It's honestly perhaps the best way how to make money without having to work or wake up with any schedule, the only problem is that you need quite a hefty amount of money as a starting capital with which you can then make your actual money.
>>218808833Do you invest in what?
>>218808781I have no will to live that's my main issue, even if I was a millionaire 10 years down the road, I'd have nothing to spend the money on
>>218808849Up until a few months ago almost exclusively just big name companies like Nvidia, AMD, Google, Rolls-Royce was really cool, and plenty of similar companies that just have a really good established position on the market with something that nobody else can provide otherwise. Recently it's also some silver and gold, but I try to never hold that longer that few days into the green numbers because you don't want to be in the next sellout.
>>218808961I'm feeling the same broWhat's the point of everything? I kinda that have a comfy income but I have no idea in what to spend it on
>>218809015I don't know man, I just draw and play video games in my spare time, it's basically free and brings me more joy than any other activity, I had a somewhat fancy car some years back but it brought me no joy whatsoever I was constantly concerned about it breaking down or getting stolen, once you stop caring what other people think you're free in a way but at the same time life becomes sort of pointless
>>218809008Nice. Metals are always good with dementia don in power
>>218809129Yes. I have no aim in my life.I feel drifting through my life like a boat in the middle of a ocean
>>218808127Pretty sure every American that has a 401k is investing.I invest for retirement, but I do have some money to "throwaway", so I invest in developed economies ex-US ETFs. Might as well invest in a more powerful Europe, SK, Japan.I was thinking about investing in China, but not sure. Any good China ETFs? I will admit China is a concerning one. But hey..high-risk, high-reward.....?
>>218808600lmao got it with sound?
>>218808732Based Trump dabbing on svens
>>218809787Invest in Brazil
>>218809974in brazil only way people get rich is through pt and petrobras
>>218809974Huh....now that I think about it..I don't recall investing in Latin American stocks.You have an ETF of Brazil/Latin American stocks? I haven't seen anything in State Street.
>>218810069Pour money into EWZ right now
>>218808127gambling is a decease
Invest in Eastern Poland
>>218810069>>218810069I have no idea mate
>>218808502>>218808539I dislike our country and its economy quite a bit but I do have to admit the TFSA is probably one of the most powerful investment tools I think the world over. Load that fucker up with bonds and monthly payout ETFs and you've got yourself a source of income for sundry expenses and absolutely zero taxes to pay on it.
>>218810398>bonds and monthly payout ETFsYou should only do that when your account is in millions. You should try to maximize growth early and then focus on dividends and hedging after your account grows into 7 figures.
I'm up 10% since jan1This market is crazy
>>218810541>You should only do that when your account is in millionsA TFSA doesn't have millions in contribution room. I agree that when you're still getting your foot in the door you should be focusing on growth and capital appreciation, and since the tax on capital gains is more favourable than the tax on interest, so holding assets whose gains come from capital appreciation in a TFSA is less effective than holding assets whose gains come from interest, as you'll be able to avoid a greater amount of taxes on the same return. Plus, a TFSA's doesn't allow you to offset your capital gains with capital losses, and if you do suffer capital losses in a TFSA, well, tough luck, because you don't get that contribution room back.So, while you're technically correct in maximizing early growth, a non-tax advantaged account is a better way of doing that.
>>218808502>>218810541>>218810653qrd on the TFSA? it's my first time hearing of it, parents taught me jack about finance
>>218810398>I dislike our countryYour country is beautiful
>>218810398>TFSAHoly fuck that's absolutely genius
>>218810768>qrd on the TFSATax Free Savings Account. Basically it's a registered savings account which functions like a normal investment account. It can hold basically all of the same investments as an RRSP. Any returns you earn on investments held in a TFSA; interest, dividends, capital gains, are completely tax-free, even when you make a withdrawal. This is different from an RRSP, where you defer paying taxes on your returns until you make a withdrawal. Like an RRSP, there's a limited amount of contributions you can make to a TFSA annually without incurring a penalty (and it's a pretty fucking stiff penalty, so pay attention to your contribution room), but unlike an RRSP you can't deduct contributions from your taxes payable, so you make contributions with after-tax income, not pre-tax income, but as said, income earned from a TFSA is completely tax-free.
>>218810653I disagree. Growth stocks have a higher rate of return than dividend stocks even you don't take taxation into account. Your TFSA can grow to a million if you consistently hit the cap room every year. It will take a decade though.>>218810768Savings account where you can hold assets and don't have to pay taxes on interest or capital gain. It's the best way to grow your wealth while you are young. The contribution limit is capped but increases every year after you turn 18. You can buy and sell stocks and the profits you make counts towards your contribution limit. So if you make a million you contribution limit increases by a million but conversely your contribution limit will shrink when you lose money. You can open an account using quest trade or wealthsimple. I don't recommend banks. They charge you for no reason.
>>218810992I meant to say 3-4 decades and not a decade.
>>218810941>>218810992Great job explaining bros I'm opening my account ASAP thanks
>>218808127they invest in gold because investing in real estate is expensive ass fuck
