Earn the highest interest rate in your TFSA

[@MoneyWithMark69]

💰Get $25 FREE when you use my code KBYLNW www.moneywithmark.ca/go/wealthsimpletrade/ Or open a TFSA in Questrade 👇 www.moneywithmark.ca/go/questrade/

[@cartervandersteen4873]

This has helped a lot! Thanks Mark!

[@MoneyWithMark69]

Anytime!

[@alejandraarroyavemonsalve1015]

For a beginner should I open a self-direct TFSA account or will be better to choose a Managed portfolio one with wealthsimple?

[@MoneyWithMark69]

Self directed 💯! Then just buy low cost index funds and hold til you're retired. Like vfv

[@TanyaDavis954]

​@MoneyWithMark69 hey super new here gonna use your referral. I want to do what your recommending. But what is these things I have the account now 😅 but how and what is it your recommending here?

[@TanyaDavis954]

​@MoneyWithMark69 ok so say I start with 1 k in my TFSA should I invest 🤔 all of it into this or save some I'm the TFSA or diversify? Do you buy just once or weekly? Monthly or just buy once and leave it?

[@MoneyWithMark69]

@TanyaDavis954 I setup automatic payments on pay day that go into my tfsa. In my opinion if it's in your TFSA, it's invested. Emergency funds and savings goals should go elsewhere (like in a neo financial high interest savings account)

[@TanyaDavis954]

I opened a wealth simple TFSA for my retirement. im not doing the RRSP as im 40 now. Im late to savings. I actually used my rrsp for school. Can this be done with WEALTH SIMPLE?

[@MoneyWithMark69]

Yes it can be! Glad to hear you started with a tfsa! That's the best place to be

[@TanyaDavis954]

@@MoneyWithMark69 thanks for the confirmation 👍 I have kids but now I need 5o focus on me too

[@TanyaDavis954]

@@MoneyWithMark69 can you do a video maybe explaining how to invest with the TFSA outside of the monthly deposits to grow it?

[@TanyaDavis954]

Do I choose self directed or managed TFSA?

[@MoneyWithMark69]

@TanyaDavis954 self directed! Just don't leave your cash inside your tfsa though - setup investing into low cost index funds like vfv

[@gokulsundar4300]

Hi , Any idea about Moomoo?

[@MoneyWithMark69]

Never heard of it - do you use it?

[@gokulsundar4300]

@@MoneyWithMark69 No, I am not personally using it. I heard from other influencers. They are rating it high.

[@TanyaDavis954]

As a Canadian should i buy in the Canadian dollar or American lol 😅 sorry im bombing your 💣 your page 😂

[@MoneyWithMark69]

Bomb away! 😁 All comments are good comments 👍🏼 it's honestly a coin flip. You would have to predict the future to know what the CAD vs USD would be. But if you're planning on retiring in Canada - probably go CAD like vfv. If you might end up living in another country the USD is a good choice (bc you can keep your USD and just exchange it for pesos or euros etc.) basically avoid exchanging between currencies if you can