Hi, we're Brandon & Marc... Welcome to Beavis Wealth, our RU-vid channel dedicated to teaching Canadians stock market investing! 🇨🇦 Brandon, became a licensed advisor by the age of 20 and worked at his father's investment firm (Beavis Wealth Management) for 4 years before starting this RU-vid channel. In 2021, Marc left his 27-year wealth management career to join full-time, enhancing our mission to educate.
Together, we run The Investing Academy which has helped thousands of Canadians learn to invest from scratch! You can also follow our portfolios completely for FREE on the Blossom app.
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At 10:30, is it like if you buy a stock that occupies x amount of funds in your account and the stock goes to 0, it will still occupy that original x amount of funds so that’s why you’re boned if it becomes worthless?
If the limit in a year is $6000 and I invest $1000 then take it out and put it back in the same year does that go over contribution room or do I still have $5000 contribution room?
Both of them are baskets of investments. The “Index” fund is an investment basket that tracks an index like S&P500 or Dow Jones Industrial, or Russel 1000 or any other index. An ETF can track an index or it can be more specific like holding only energy companies.
I think of it this way, blue chips are the highest value in poker so highest value companies. Bulls are rowdy and charge, like retail investors when times are good. Bears sleep and hibernate, do nothing. Like retail investors when times are bad.
I always thought of the bear that would devour me and knock me down, terrifying. But the fattened bull is something that is good, running with the bulls is exhilarating but has its own dangers too.. But I have no idea where it actually started from.
I have a portfolio with VFV (30%), ZNQ (25%), XEI (10%), XEQT (10%), HTA (15%) and ZWB (10%). I'm 58% exposed on technology in order to growth. What do you think guys about it? :)
Excellent video Marc! Investor refuses to buy a stock as it goes from $50 -> $75, but jumps to 'buy the dip' @ $65... WHY?!?!? I obviously oversimplified things, but far too many blindly employ this so-called strategy IMHO. I'll never understand why folks don't just decide what they think a company/stock is worth and make their decisions accordingly. That's what makes investing fun IMO. Cheers my friend. One more thing... A stock can drop 40, 50% or more and still be overvalued. Buying the so-called dip could very well lead to infinitum buying. When folks argue with me about this, I always ask "define dip for me". Crickets or "it depends", which is a non-answer as far as I'm concerned. Sorry for blabbing on!
As always, intelligent and insightful commentary from Scott! Blab on anytime, my friend. If you get a minute, please email me: marc@theinvestingacademy.ca! Cheers.
Thanks for the video Marc... With the expectation rate cuts will begin at the next Fed meeting 7wks from now, do you have an opinion on increasing exposure to longer term bonds at this point in the cycle (or possibly moving short term bond exposure to longer term)? Sorry to be U.S. centric, I know BoC already started your cuts. Full disclosure - I started increasing my l/t bond exposure thru Schwab & Vanguard ETFs many months ago. I haven't sold any of my shorter term bond funds yet and likely won't anytime soon. Appreciate hearing your thoughts.
And the Canadian dollar has dropped since BOC did a rate cut. Expect an inflation increase do to buying power of CDN dollar. BOC should be doing cuts with FED to protect dollar and buying power
Those who have more money can take bigger chances and therefore make bigger returns. It's not rocket science. Yes, they should pay higher taxes. Of course, but they will always make huge returns compared to lower income people. Don't forget that in alternatives to Capitalism, all of that money would be in the hands of the politicians and their army general keeping people from protesting. Don't believe me? Look at Venezuela. One of the richest countries on the continent with huge oil reserves. More than 80% of the population lives in poverty. Average salary is US$200 and absolutely NOBODY is going to take Dictator Maduro out of power. Specially not by free elections.....
Wonderful picks Brandon. I hope life is treating you well. Many younger investors have never seen the value of including Bonds in a portfolio as the interest rates have never been falling like we anticipate now. All the way back to 2007 (6.25%) dropping rates to 2009 (2.25%). In 2008, market correction was 30+ percent down in all stock categories while bonds returned +6%. Bonds then continued to outperform US Large Caps from 2009-2012. Looking at Bond returns in last 8-10 years not the proper comparison IMO. I think they definitely have a place in balanced portfolios now.
Bro! can you please guide on wealthsimple managed portfolio. I am pretty much new in this stuff and do not want to get involved that much. Eventually, I will learn on investing but for now my questions is if i put my fund every week to wealthsimple managed tfsa account, will it turn out good choice than VFV?? Please guide
Some immigrants are bringing up to 100K avg. 25-50K and the gov is spending / spent 100K per Ukrn. and other refugees lol so yeah $$$ are flowing through garbage bankrupt colleges and which ever rackets get lit like rent / jobs etc lol
Most laws are created to protect the rich or most privileged. Which is sad because they are the people least needing protection. They benefits most in most countries...but when there is trouble. They are the first to escape the mess (sometimes created by them) and leave the less fortunate to deal with consequences they contributed to. This need to change. No one deserve that much luxury while others are dying in the masses. We come into this world with nothing and leave it as we come into it. Seriously a little sharing does goes a long way for humanity's sake. Thanks Marc.
Hi, Im Canadian, New to the investor world. I have purchase schd and a bit of vdy in my tfsa account, i have noticed when you purchase a american stock there is a 15% withholding tax plus the mer of schd is 0.06%. Should i continue investing into both these stocks or one of them?
@apple85126 Yes, you do. But your tax is a flat rate...not an extra 15% withholding tax. RRSP is the only vehicle where you can have US holdings & not pay the 15% withholding tax. So it's best to keep US holdings in RRSP and Canadian holdings in your TFSA.
Do we know the funds or stocks that will migrate to the Texas stock exchange next year? Any comment or concern about canadiam banks recently, especially laurentian?
