How I Plan To Build Up My TFSA Portfolio (Tax-Free Savings Account) | STOCKS I'M BUYING

[@beaviswealth]

📈📚 As always, if you're a beginner to the Stock Market in Canada and you're looking for a step-by-step blueprint on how to get started... Find out more about our Investing Academy here - bit.ly/theinvestingacademy For an awesome investment research platform, from right here in Canada, check out the FREE research tool INVRS: app.invrs.com/index.html#/signup?Influencers&Brandon

[@kristen374]

Send mg's to her right away 👇👇💬.

[@Azel247]

I love your picks, especially TD. My three largest holdings are the S&P500, Nasdaq 100, and TD, weighted 40%, 30%, and 10% respectively. I also nibbled on GOOG, AAPL, MSFT, and a semiconductor and healthcare ETF. inb4 spam bot.

[@ketoswilly7581]

Investment now will be wise but the truth is investing on your own will be a high risk. I think it will be best to get a professional👌

[@howardbetts9133]

I always take into account whether a company lines up with my values, before I buy their stock. MacDonalds, for example, does not line up with my values, no matter how much money I might make. Thanks for another great video!

[@JustInvestToday]

your core positions are basically financial fortresses, love it

[@NicolasJ12]

Great video, and we can tell you are excited to start your TFSA from scratch, it's a fun time to do it! I will just say that the 10 seconds you spent rationalizing owning FB despite your dislike for the company's values were too much. I truly believe that if your core values do not align with a company's values, then you owe it to yourself not to own shares of said company, no matter the numbers. I am a capitalist, but I believe in ethical and social capitalism. Continue the videos, great content!

[@marleodg]

Im new to this... so now watching to learn...

[@XInfinity2024]

Good video. How much % wise are you thinking about getting of each? Also can you make more videos about building your TFSA out?

[@cheynebest7028]

I would like to add crispr this year from this recent price drop as it has become a deal. Long term has very big implications. I'm only into growth at this point for my tfsa portfolio. I am fortunate and have come a long way managing my portfolio. Learning from Brandon, Marc and getting as much prospective is imperative to be successful.

[@dividenddepot]

Nice job, sound financial advice. Good to see someone offering sensible plans and not just flogging the latest high yield BS funds.

[@MikeHeller]

I have a different strategy for my TFSA and I have only one holding: $TSLA. So far so good :)

[@MegsCarpentry-lovedogs]

Alleluia! Thanks for pointing out that Canadian stocks are diversified, globally. So you get global exposure without the withholding tax issue. Awesome!👍💯🇨🇦

[@flyryguy]

Hey! I started investing this year and find your videos SUPER VALUABLE! So thank you! I know you just bought a house so I'm a bit curious; have you looked into or do you already have experience using the Smith Maneuver? I'd love to see a video on why you do/do not choose to use this tactic. Thanks!

[@FandomFinance]

Brandon, stand by your morality. If you feel Facebook is bad for society don’t put your money there. Helps to keep your character and integrity in tacked, which I bet means more to your channel, courses and other businesses than just simply pouncing on a cheap stock.

[@tejindersinghminhas2003]

It's funny ,he invested in tencent,which is more addictive for the kids, but he is against Facebook

[@Joe-mz6dc]

Pro tip: never allow your sense of morality to interfere with your sense of financial opportunity. Just to be clear it's now November of 2023 and meta stock has tripled over the past year since he made this video. Just saying.

[@Got2Learn]

What is your opinion on the WEF/future of investing?

[@NoobBoobie]

It makes more sense to have dividend stocks in your TSFA to maximize dividend capital by not paying taxes once you withdrawl like RRSP. Obviously if they are foreign stocks they should be in your RRSP.

[@rossjackson2929]

Some good stocks for TFSA: Microsoft, Visa, Nvidia, Eli Lilly, Toromont, Waste Connections, WSP Global, Loblaws, Couche - Tard, Eaton Corp. All have beaten S&P 500 over 1, 3, 5, 10, 20 years. 😅

[@montecrist]

You are literally building my current portfolio. I love it. The only difference is that you're choosing Amazon over Apple. My tiny tiny tiny gambling position is Lucid.

[@chadferreira6799]

Check out SOLO cheep right now

[@mcmicmike]

I liked this video because you created chapters. I ended up watching the whole thing and enjoyed the content. Great organization of a video.

[@skylerdelaurier713]

I tend to like the higher concentration in 6-10 different companies, but a lot of these stocks are one's I'd love to own, for the right price!

[@uplivedlivingsolutions9360]

Great video eh. I love your advice of making a plan and allocating a certain amount of money to each sector. It's easy to get carried away without a plan and spread yourself thin the way you mentioned in the beginning of the video. I learn more and more as I go along and with the help of your videos and expertise I am building more confidence in the process. Now all I need to do is build up more cash so I can invest more :)

[@davidbarlow372]

i opened a TSFA ACCOUNT..AND I GUESS YOU CAN.say i am new at investing in stocks..i have got some good info from your videos........i started about 4 to 5 months and as of today i have 10 stocks and up just over 19 per cent... i guess having 5 of my 10 stocks in the energy have helped out a lot..... i wonder if i am too much in energy even thou it is hot right now

[@dividenddepot]

Add in some non correlated alternatives and you have something everyone would be happy to hold and stick with it during market turmoil.

[@douglaz2053]

I respect what you do and think. But if it's a moral dilemma why buy something that you don't stand behind ie FB. If you don't like the CEO, what they're about, why support it any buy into it? That's selling out your principles for profit

[@siddharthpaiya3989]

Hi Brandon What's the best way to buy US stocks from Canada? TIA

[@lonk752]

Hey Brandon thanks so much for the video its been very informative for me. Is there any chance you have a spreadsheet template I could get started on? Either way thanks again

[@whoamme1974]

Thanks for sharing. I'm learning about stocks as a older gentleman, this video you created helped me with creating and understanding portfolios. Would it be wise as a investor to only old Canadian stocks or a mix is good?

[@nicholasbrassard3512]

Ty for this vid, it's helping me plan out my own strategy :D investing my first 1k today!

[@scorzi10]

what about reits?? riocan? primaris? h&r reit?

[@florendogomezcasuga7043]

Microsoft, Berkshire, Google, Costco, Apple, United Health, Bell, Telus and Fortis

[@florendogomezcasuga7043]

Growth and Inflation proof portfolio. WHY? Microsoft - Windows Apple - iOS Google - Android Berkshire - Value portfolio Costco - behemoth in consumer staples United Health - Insurance, to fight inflation Bell and Telus - monopolized telecommunication in Canada Fortis - Energy

[@SanjeevDD]

Why J&J? Is ABT a better option? Have you considered MSCI and Costco?

[@brybry111]

wheres the Canadian companies for your TSFA?

[@jasonspooner1127]

One of the best videos of starting a portfolio I've seen good job and thank you

[@user-zj6tv8el5w]

now make a videO on the chances of you selling your positions in these stocks. thanks1

[@hermes8258]

When you are referring to cash versus stocks, bonds versus stocks etc, I suggest that you speak in percentages rather than total. Some of us have less savings than you do.

[@kelleyhaldorson209]

I still have to do my research but isn't BRK heavily invested into apple anyway? Something like a 5th of BRK is Apple? Love the picks overall you have there. I really want to add BRK but man are they expensive right now! I have positions in a lot of those picks. But for me these picks are are considered my fun picks. My main holdings are ETF's and 30% is all I allow myself to play with in individual value plays. I'm surprised you didn't have any bonds in there or gold. Do you not worry about "hedges" in your registered accounts or do you feel its just a bad time to be getting bonds for a long term hold? Happy investing Brandon.

[@andvfx]

Nice video! I guess I follow you up for some time, Its pretty much my portfolio with small variations (I have costco instead of wallmart, CM and TD, I sold LMT to buy starbucks last week, the only one missing is Berckshire, that actually I have been following for a month but looks overbought on the short term) I have them split between the tfsa and the rrsp. My question will be, if you need to also consider building up an rrsp, or a none registered account, how you will organize this stocks between different accounts, or if you just dont care. Thanks!

[@stuinvests]

Brandon, what about the US withholding tax? Isn’t it better to keep Canadian dividend stocks in the TFSA?

[@bishop4077]

With holding tax only applies to the dividends and not the book value of the stock. If you're gonna be investing heavily in dividends then use your RRSP as it is tax exempt in both countries. You can also reclaim any withholding tax you pay when you file with CRA every year. So if you have dividend stocks in your TFSA it isn't a huge issue. Also Canadians get preferred withholding tax rates at 15%

[@CyclingDad]

Isn't BRK nearly half AAPL? Also, it seems like that one has run up a lot with the current market fears.

[@kenchow8213]

Surprised that Tesla didn't make your list. Personally, today I would pick Tesla ahead Apple, Amazon, Google, Microsoft and Meta. I think buying Tesla today is like buying Apple in the early 2010s (I've owned Apple since 2009 and Tesla since 2019).

[@Groundedrootshealing]

100% agree

[@MountainFinance]

I think you are off to a great start for a good balanced blue-chip TFSA portfolio. I am expecting that the play money will add a bit more flavour to your TFSA.

[@chadferreira6799]

Tobe so young and n the market 😊

[@adventuredog3607]

Thank you for your honest take on things. You are running a business and of course your trying to make a profit doing this. However I get the feeling your balancing profits with integrity. Kind of like holding a sold long term stock. it’s my opinion this will continue to pay off in the long term. Don’t feel you need to be told that trading this off for short term gain isn’t worth it, but want to acknowledge the fact I believe this is what has made your channel so different from so many and what I’ve liked so much about your channel. Keep up the great work.

[@marshall8898]

have you looked into VDY?

[@JimHaze24]

I actually bought 7 meta at 88 bucks now its tripple in value in three months but i sold at 120 i should of held ! I think im going to buy it agian tho when it drops agian thanks for the tips awesome video i have very similar ideas !!!

[@MechHeli]

Hi Brandon I was wondering what you think of Shopify right now...it's been doing really well as of late

[@Iesous27]

I invest the little money that I can every month (about $200). Right now I have about 5 holdings that are, manulife, enbridge, bell, ZSP etf and VDY etf. I want to start putting some money into those dividend stocks so I can buy more tho... Fairly new investor trying to create some sort of retirement nest for me and my wife.

[@dehtrader]

How does it work when your TFSA or RRSP account is in CAD and you buy a USD stock for example? tks

[@roberto.ogunbanwo6258]

Hi Brandon, I really find your videos especially the ones on RRSP and TFSA very useful & informative. i have a TFSA account with TD Bank that i put in $400 a month. Relating to this current video post, should i continue with TD Bank or i should liquidate it and trade by myself using either wealth simple or quest trade. Thanks Brandon

[@markvanderlugt5041]

AAPL and KO should be in here too. AAPL has $170billion cash on hand. They’re AirPods alone make more money than some companies do with their own net profits lol KO owns a number of companies and has pricing power with inflation. Add in the fact they are a steady dividend grower. AAPL is a great capital appreciation stock to hold as well. They have so much cash to really do anything they want- buybacks, dividend raises etc

[@svdwatt]

Great video! Brandon, are you holding your Cash as Cash or investing it short term in a Bond or low risk Dividend fund?

[@brandonbh04]

You didn't mention any index funds. I am curious why

[@julianbutcher2642]

Do you have two TFSA accounts? one for USD and one for CDN? thnx

[@TubeDeviant]

I have to say that I definitely have interest in the defense sector as well. Although I know more about firearms as opposed to military hardware research, or aircraft, for example.

[@cb4354]

I think MSFT and AMZN are very overvalued right now. FB, PYPL are incredibly undervalued. I like GOOG as well but my price target for that is if it dips below 2000$

[@heysuave]

Quality comes at a price. There’s a reason why FB and PYPL are trading at a discount compared to their peers.

[@mrphilleakey]

Middle of July GOOG will be below 2k 😉😉.

[@rony9747]

Lol this is the guy who will look for dip for 100 years

[@northinvestor]

@@rony9747 without the split I'm pretty confident Google would never go back under 2k

[@momo35444]

great video brandon. sounds like a great plan. im sure everything will be alright for your portfolio

[@alastairclarke]

Great vid! I love your transparency! (Just avoid reading any "mean" comments. Take care of yourself!)

[@bradhaaf4749]

Personally with a maxdout TFSA as a young investor my Priority is expanding its Max contribution limit with only stocks that can potentially 10x+ in the next 30 years. DT Google with quantum computers or DeepMind, Apple's unique architecture of their chip and efficiency could potentially dominate the market, Tesla with custom AI Dojo training FSD and now robots.. In 30 years having a 2 million + TFSA Is the ultimate to me in security weather I end up transitioning to dividend stocks at that point. Should I be locking in those gains every Dec/year ? Does currency $ conversion need to be considered ? Is there a limit to how high your allowed to have your TFSA ? The Market's volatile and your trading in and out, is that a problem with being considered a trader?

[@bishop4077]

So the way the rules are set right now it doesn't matter what the book value(total value of all your holdingds) of your tfsa is as long as you haven't gone over your contribution limit for life and/ or yearly. Theoretically you could be making $1000 a month in dividends and it wouldn't matter because that's your asset growth within the tfsa not your contribution from other taxed income.

[@JM-jc8zd]

what do you think about Tesla

[@DavincisGirl66]

Liked the editorial content about Facebook.

[@mrphilleakey]

MP stock? MP Materials Corp. thoughts?

[@constantinkwiatkowski1940]

nice shot of the vehicles but what is the vehicle % inside of your portfolio? By the way, passiv is very good tool, thanks for the recommendation, but INVRS is still in development, there are not so many functions available right now, so folks don't waste time in checking it out! Cheers!

[@dilpickel22]

Small investors should focus on small companies! Good luck everyone butt with small amounts of money you just need to find a small number of great companies in your circle ⭕️ competence. Either that or grab the index :)

[@Stefan-od3us]

Just wonder what Brookfield assets ticker is? There seems to be so many. Also just wondering why you favour Power corp? This is an awesome series btw.

[@caffeinatedcanuck9994]

BAM.A

[@piknik8230]

Brk B. will their stock price drop if one of them pass?

[@svdwatt]

Great question, top of mind for me as well.

[@titchglover2601]

what is the ticker symbol for Berkshire Hathaway class B ? I would like to research it.

[@aladdin8372]

hey brandon i also rebuilt my portfolio on my TFSA side i have only 2 stock. first one is royal bank of canada and second one is BTCY ( bitcoin yield ) im getting almost 7k/year in dividend on my tfsa alone RY make up to 80% of my portfolio and BTCY 20%

[@PonycornSmasher]

How much have you invested to get 7k a year if I may ask

[@aladdin8372]

@@PonycornSmasher in my TFSA i got 20k worth of BTCY and around 700 share of royal bank of canada

[@PonycornSmasher]

@@aladdin8372 thanks I appreciate the response

[@TheGrapplingNinja]

What is Brookfield like which one what’s the ticker

[@gmuney1232]

Time in the market > Timing the market

[@ZackTessier]

Amazon and google splitting i believe! Do you buy before the split..???

[@pamtrace4738]

Nice video! Question, why are you starting a TFSA account now after all these years of potential tax free gains?

[@missnickelbee7789]

Because he cashed in his portfolio to buy a house for his wife and new baby :)

[@commonsenseconservative1]

Hey Brandon, why dont you add Berkshire's CDR? Is it riskier?

[@SANJ0288]

how is your porfolio performing compared to using simple ETF funds?

[@dtcrozier]

Hey! Brandon great video! I think it’s a great plan for you! I’m not 26 so I can’t afford to gamble on FB or your Chinese stock. But I do agree on owning less positions! BRK.B has never let me down, POW and TD is a great dividend for us old folks. Right now I’m loving AEM.

[@jimmbboe]

Already own many of these. Good luck with the rebuild

[@outworkthework]

Great video Brandon with excellent tips and no pushy sales tactics. Canadians 4TW eh :)

[@seanbee]

This may be a dumb question but how are you managing to invest in these companies given the yearly TFSA cap? Sorry, I am new to Canada and still not 100% clear on how to effectively manage TFSA accounts

[@ThaGreatestAlexander]

if you withdraw it opens the room in your account whatever you withdraw

[@thechronicthumb3461]

Hey Brandon. What is you're opinion on index funds?

[@beaviswealth]

They’re great!

[@citizenm9590]

With rising rates small cap have taken big hit now it will be big tech turn now i would hold from buying any big tech until end of the year as valuation will come down to earth.

[@rohaanuniverse1196]

Just bought brookfield i love your vids

[@zohahs5276]

Google / Amazon split coming soon will buy both under RRSP.

[@jeyaprakashjoseph9314]

All good stocks. Good Vedio. Tencent won’t fit into my strategy.

[@shaheensiddiqui2237]

Is Day trading allowed in TFSA ?

[@cheynebest7028]

No cra will consider that a business and you will loose out on the tax shelter because it's supposed to be used as an investment account not a trading account. Not sure where the line is drawn however.

[@thewalias623]

How are you avoiding currency exchange fees while buying US stocks in TFSA account?

[@MuskyMotivated]

Look up Norbets Gambit and thank me later :)

[@saimaanisshaikh7487]

Good idea. Nice picks.

[@ab.4425]

Great video buddy!! Thank you so much!!

[@saschaseyschab6719]

So am I getting this right? If you own US stocks in your TFSA, they should be ones that don't pay dividends ideally as they are subject to the withholding tax?

[@cheynebest7028]

Yes your dividends are subject to tax but your capital gains are free and clear on US holdings.

[@albertinoromita4673]

Well done Brandon 👏👏👏👏👏

[@samuelhernandez2542]

Great video like always!!! 😎👍 Also, do we know when Google and Amazonne will « split stock »? I dont wanna miss thoses 😳

[@rain0344]

Hi, Brandon can you please make a video for newbies/students/youngsters on how to invest our first $1K in 🇨🇦?

[@NoobBoobie]

Low cost, broad index Etf(s). Dollar coast average 100$ every month for the rest of your life and you will be very rich at 45-55 years old.

[@TheGrapplingNinja]

@@NoobBoobie can u name a few?

[@NoobBoobie]

@@TheGrapplingNinja VOO, ZWC, ZEB, black Rock ETF and vanguard. Essentially you look at what companies you like and sector you want to support or think will do well, and find a reputable ETF that follows the sector. BMO has good ones, watch out for high MER it's how much the management takes as a fee for managing the funds. It's basically a mutual fund but better

[@TheGrapplingNinja]

@@NoobBoobie appreciate you taking the time to help me!

[@priayief]

I haven't visited your site for months - shame on me as I really like your videos. I vaguely recall that you invested in Alibaba and Tencent Holdings a while ago. Are you still invested in these?

[@kiwionarope]

What do you do when you have maxed your RRSP and TFSA acount?

[@beaviswealth]

The next step is typically investing in a non-registered account. Sometimes you'll hear cash account, margin account, investment accounts, but in essence, they all are names/places you can invest outside of your registered accounts. - Marc

[@winnjc9154]

Nice portfolio for core and dividend. I would pass on your defense and international stocks though. Also would add Apple, CP rail and perhaps more banks.

[@cyn.05]

Why pass on defense? Don’t they usually always do well long-term?

[@Carol8693]

And I am sure you will add ppl , fortis and enb ;)

[@renzenker2526]

love these

[@samuelhernandez2542]

Already in with Fortis and ENB! They are great

[@joshuaguo1326]

How can you say AMZN is undervalued? It’s more overpriced compared to FB and GOOGL?

[@tuanis73]

why no tesla if ok to ask?

[@scorzi10]

what price to u like lockheed at?

[@jenniferjordan9070]

What percentage of each holding?

[@jfrunnerCanada]

He is talking about 10-15 stocks… so about 6% to 10% for each stock… but he said some stocks could represent more (12-13%) and some less (maybe 4-5%). And he will build his portfolio gradually, which will distort the numbers until it is finished. 😃🤓

[@jenniferjordan9070]

Thanks

[@rockymtnrdr]

Very informative video! Thanks Brandon!

[@jackrabbit0777]

Good call with Facebook / Meta... it went up like 5 fold since the creation of this video! From around $100 2 years ago to $525 today. Geez!

[@manonleblanc2919]

website link not working..............

[@verabrunobossio2857]

Say if you did today..Today this would cost you monthly or compound?