Пікірлер
@juliafeldman6193
@juliafeldman6193 16 сағат бұрын
I do get transfers from many other people and I am wi koho
@demetriusdemarcusbartholom8063
@demetriusdemarcusbartholom8063 2 күн бұрын
Thanks!
@MoneyWithMark69
@MoneyWithMark69 2 күн бұрын
Anytime! Let me know how you get on with neo
@PlatinumCrookrecords
@PlatinumCrookrecords 5 күн бұрын
No hate but if you look at people like Kanye west and jay z they rock a lot of designer. Also Jeff bezos, mark Zuckerberg usually wear designer they just don’t have logos on them but it’s still designer. Designer brands public is in majority rich people because it’s the majority that can afford middle classes people will buy one or two nice designer pieces because they’re durable and nice quality but anyways have a great day.
@AlexChristianG
@AlexChristianG 7 күн бұрын
I think its good to have an option to earn interest which is tax free in TFSA if you are planning to keep it there for a short term, rather than just providing only one option to invest in Stocks and people cant use it, coz they dont wanna lose their principal money. So even though technically TFSAs could be used as a great long term investing tool, it can also act as an emergency fund account as well where you can earn interest tax free considering the limitations of TFSA room...
@MoneyWithMark69
@MoneyWithMark69 7 күн бұрын
I think that's a HORRIBLE use of your tfsa. Big wasted opportunity.
@Ian-of9oi
@Ian-of9oi 12 күн бұрын
How do they pay the interest? Monthly?
@MoneyWithMark69
@MoneyWithMark69 12 күн бұрын
Yes monthly!
@sarahcampbell9982
@sarahcampbell9982 13 күн бұрын
Hey Mark, do you know whether Wealthsimple Cash card now has the deposit feature and whether there are fees associated with the deposit feature? Thank youuu
@MoneyWithMark69
@MoneyWithMark69 13 күн бұрын
Yes I heard! I believe there are no fees to deposit as they only take money at Canada post locations
@andreimel3938
@andreimel3938 13 күн бұрын
Stay away. Wealthsimple lock ur account and loqudate your crypto to cash for cheap, making u loose money. Search the web thousands of people asking for help
@robisverybad75
@robisverybad75 15 күн бұрын
Say the 3 card in the first minute. Later
@MoneyWithMark69
@MoneyWithMark69 14 күн бұрын
It's called a countdown 😅
@Mmmtruk
@Mmmtruk 15 күн бұрын
hey man im so sorry to say but the background music was very irritating to listen to :( the high pitched part was hard to get past
@MoneyWithMark69
@MoneyWithMark69 15 күн бұрын
Ah! Thank you so much for the feedback!!
@paulallen3797
@paulallen3797 16 күн бұрын
Anyone claiming they live paycheck to paycheck earning six figures either is a spendthrift or married with like 12-20 children.... No other reasonable excuse
@MoneyWithMark69
@MoneyWithMark69 16 күн бұрын
Lifestyle creap is a real struggle
@zeshaniqbal1184
@zeshaniqbal1184 16 күн бұрын
Whats the tfsa account that lets u invest in individual stocks and bonds i believe its the one u open through their itrade. Correct me if I'm wrong
@MoneyWithMark69
@MoneyWithMark69 16 күн бұрын
Go use Wealthsimple. It's my fav. You can get $25 bonus if you use my code KBYLNW 🎁
@jordynandrade3242
@jordynandrade3242 16 күн бұрын
If u make 250k a year and are living paycheck to paycheck it’s not that you don’t get paid enough your spending habits are jus terrible an your living way above your salary I don’t make anywhere near that an I live jus fine 😂an anyone who tries to argue that are the ones that this comment is meant for
@MoneyWithMark69
@MoneyWithMark69 16 күн бұрын
I agree. People are always wanting to live a lifestyle that's slightly better than their paychecks
@MrZiad04
@MrZiad04 18 күн бұрын
Neo card in Lebanon is black and dark green
@MoneyWithMark69
@MoneyWithMark69 18 күн бұрын
Hmmm I think that is a different company
@MartinMcClellanGT
@MartinMcClellanGT 19 күн бұрын
It all changed now. WS offers now multiple cash accounts
@MoneyWithMark69
@MoneyWithMark69 19 күн бұрын
Yes they do!!! So exciting
@appmania2180
@appmania2180 24 күн бұрын
Hi amazing video mark! I'm planning to switch to WS for savings. I've had a chequing's account since Highschool, might be a silly question but just wondering how do I go about transferring a large sum of money saved in my chequing's account (CIBC) into the wealth simple account? Thanks again!
@MoneyWithMark69
@MoneyWithMark69 24 күн бұрын
You can connect your bank account to Wealthsimple and can deposit large sums of money that way!
@AntiMason
@AntiMason 27 күн бұрын
Sick stache
@MoneyWithMark69
@MoneyWithMark69 27 күн бұрын
Danke
@marissawedge-my5nd
@marissawedge-my5nd 27 күн бұрын
Do u still feel the same
@MoneyWithMark69
@MoneyWithMark69 27 күн бұрын
No! Things have changed a LOT since I made this video. New updated video coming out soon 😁
@nancyhR570
@nancyhR570 Ай бұрын
Hi! Is the interest rate 4% applied all year long? I know usually banks offered good rates for a certain time, so not sure if it’s the same for WS😅
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
It is NOT a promotional rate (like how the big banks trick you) but the interest rate can change depending on what interest rates and bond yields do (like everywhere)
@arungupta9140
@arungupta9140 Ай бұрын
Is the HISA different than the Cash account?
@julientousignant9652
@julientousignant9652 Ай бұрын
Thanks for the video!! I'm finally doing the big shift by dumping my main chequing account with TD after over 20 years and switching to WS. Hope everything goes smoothly
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
Amazing! I also switched from TD. soooo happy not to be with the 🤬 big banks anymore
@Lil_Jhay
@Lil_Jhay Ай бұрын
Can you used koho into hotel? Cuz they want credit card for a 200 deposit to get the room and i dont have any credit card.
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
💰Get $25 FREE when you use my code KBYLNW www.moneywithmark.ca/go/wealthsimpletrade/
@arpitsinghmadaan4870
@arpitsinghmadaan4870 Ай бұрын
Can you please give me you email id for the referral I need it to manually apply the bonus code didn't work for me
@jordanotterbein9103
@jordanotterbein9103 Ай бұрын
Can you use your koho card for hotel stays. I don't have a credit card of any kind.? Most hotels won't except debit cards with deposit anymore
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
I'm not sure I haven't tried it at a hotel yet. BUT. I do know you can book hotels with KOHO through Expedia.
@PedroGarcia-cb7xm
@PedroGarcia-cb7xm Ай бұрын
What if you dont have proof of purchase
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
I didn't have a receipt. Just gave the date and store I got them
@xavierracine-bechard8749
@xavierracine-bechard8749 Ай бұрын
Would you say Cash Account card is better than Wise for traveling? In termes of conversion/overall fees
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
Yes for traveling it's the best card in Canada in my opinion
@nicholastang1217
@nicholastang1217 Ай бұрын
i think its just the nature of TD direct investing, same as RBC quarterly $25 dollars if you dont have 15K combined. Its in the terms n conditions.
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
Brutal! I hate the nickle and diming the big banks do with fineprint
@cartervandersteen4873
@cartervandersteen4873 Ай бұрын
This has helped a lot! Thanks Mark!
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
Anytime!
@BOOYAH727
@BOOYAH727 Ай бұрын
you forgot to mention that if you you have self employment income or property income you have pay $80 for Turbo tax which is a rip off, but in UFILE is included and you can file 4 returns plus one free for low income. For $24 Ufile is unbeatable. how about wealthsimple?
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
Wealthsimple is the same price (free / donation) for self employed people
@yxmichaelxyyxmichaelxy3074
@yxmichaelxyyxmichaelxy3074 Ай бұрын
The TFSA is not taxed, therefore you would receive the full interest. My Scotia high interest Momentum plus savings account IS taxed, wiping out my interest instantly.
@yxmichaelxyyxmichaelxy3074
@yxmichaelxyyxmichaelxy3074 Ай бұрын
TFSAs are covered by insurance. CDIC. Stock market is not.
@yxmichaelxyyxmichaelxy3074
@yxmichaelxyyxmichaelxy3074 Ай бұрын
I at one point wanted to withdraw $1000. They forced me to fill out multiple forms just to access my own money.
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
That should be illegal!
@yxmichaelxyyxmichaelxy3074
@yxmichaelxyyxmichaelxy3074 Ай бұрын
@@MoneyWithMark69 They told me this is required so that the government knows that I have taken $1,000 out of my TFSA. They explained that since I have a limit to how much I can invest into an TFSA, they need to inform the government that they can remove $1,000 from my total eligibility for that year. So, instead of being able to place the full maximum of $6,000 into the account the next year, I can now only invest $5,000 as eligible.
@yxmichaelxyyxmichaelxy3074
@yxmichaelxyyxmichaelxy3074 Ай бұрын
@@MoneyWithMark69 My credit cards too are a joke. I have bedn looking elsewhere, like the Rogers Mastercard. The Canadian Tire Mastercard.
@sethcockram
@sethcockram Ай бұрын
I'm new at stack market my 1th I try was CDR four me I do not care what one pic beacuse I buy 4 stock set it and four get it CDR is new thing if that work out four me I will keep using CDR ..
@monishparwani9246
@monishparwani9246 Ай бұрын
Killer video Mark, was looking for this kinda info. Keep the videos coming 👍🏾
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
Appreciate the feedback! Welcome to the channel
@user-hn4ki8su6e
@user-hn4ki8su6e Ай бұрын
How can an average someone in Canada provide for his wife and pay all the bills on his own. Have anyone looked at the prices recently?
@Ibrahimk.74
@Ibrahimk.74 Ай бұрын
Hi mark, would you recommend wealthsimple or neo to invest my cash in HISA/TFSA? What about the cards? I have cobalt for food purchases and pc for gas and groceries at no frills/loblaws. Wealthsimple I feel like has a nicer card 😅
@hergettoseastutorial
@hergettoseastutorial Ай бұрын
There is a joint account now!!! 🎉🎉
@Emma-ud2pj
@Emma-ud2pj Ай бұрын
just a man pays everything, or he is miserable. that's the true reality that you hide from.
@CanucksLionsJays
@CanucksLionsJays Ай бұрын
Mutiple accounts now Mark ! They keep improving the system and software which is great.
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
I saw that! Such a huge upgrade. I selfishly think that they watched this video and realized it 😂
@KartikPuri-tb7yj
@KartikPuri-tb7yj Ай бұрын
Can it be used for pre-authorized debts like car payments or mortgage?
@lisafraser9979
@lisafraser9979 Ай бұрын
Is it the right place to hold crypto?
@OutThere5
@OutThere5 Ай бұрын
The best move I ever made was to get rid of the big 4 banks, and get them out of my life. Scotia (the worst) CIBC BMO TD Go with your local provincial credit union bank! They treat you so much better, and it supports your province, instead of a corporate bully like scotia
@caboose4885
@caboose4885 Ай бұрын
I appreciate you kind sir.
@MoneyWithMark69
@MoneyWithMark69 Ай бұрын
Anytime!
@galaxytrio
@galaxytrio 2 ай бұрын
Thanks, Mark. Good suggestions.
@MoneyWithMark69
@MoneyWithMark69 2 ай бұрын
🎁 EXCLUSIVE discount 🎁 autogrowthacademy.com/go/google-workspace/ Get 10% off standard package using my code X67A4UPUEA4UVHM
@jayman1462
@jayman1462 2 ай бұрын
nice!
@MoneyWithMark69
@MoneyWithMark69 2 ай бұрын
Thank you!
@Mr90sMusiclover
@Mr90sMusiclover 2 ай бұрын
Koho was awful, terrible, it takes 2 hours for an E transfer to go through, the customer service is slim to nil, and they have always sucked, yes there are fees if a company tried to take money that isn't there, you get dinged with a $5. Charge they never ever helped when I needed it ppl, do not use koho
@gokulsundar4300
@gokulsundar4300 2 ай бұрын
Hi , Any idea about Moomoo?
@MoneyWithMark69
@MoneyWithMark69 2 ай бұрын
Never heard of it - do you use it?
@gokulsundar4300
@gokulsundar4300 2 ай бұрын
@@MoneyWithMark69 No, I am not personally using it. I heard from other influencers. They are rating it high.
@tonyk6154
@tonyk6154 2 ай бұрын
i'd be very afraid of moving everything from my current back to WS. i have a WS account for my investing but thats it...
@MoneyWithMark69
@MoneyWithMark69 2 ай бұрын
What are you scared of?
@tonyk6154
@tonyk6154 2 ай бұрын
@MoneyWithMark69 Used Scotiabank for so long its routine. Also when I need something fixed or have any problem I can go get it fixed or call someone, WS I don't think it's that easy..LOVE WS for investing but anything else I don't have the confidence yet. Maybe one day
@MathieuGauthier-fj9lm
@MathieuGauthier-fj9lm Ай бұрын
@@MoneyWithMark69 how is wealthsimple for withdrawing your money? i heard they can be sketchy
@BlueAndAurora
@BlueAndAurora 2 ай бұрын
My koho is still 695 but when I did equifax snapshot check credit it’s 703?
@MoneyWithMark69
@MoneyWithMark69 2 ай бұрын
There will be slight variations on your score depending on who is checking it. Equifax, TransUnion and FICO scores are all slightly different because some companies report to one and not the other. If you're ready to improve your score you can do so here www.moneywithmark.ca/credit-score-course/
@DanWalshTV
@DanWalshTV 2 ай бұрын
Nice video! Just one small correction at 4:45 - Wealthsimple does actually have a round-up feature. You can have all Cash purchases rounded up and put towards whatever account you have setup for cashback (this includes any of your self-directed or managed investment accounts). With that said, they need to do a much better job of displaying such features. While I like the overall design of their app, I find many options are hidden in nested menus and thus many people don't even know these options exist. There's definitely room for UX improvement in that regard.