ETFs, Explained - What Are Exchange Traded Funds? What ETFs Should You Buy?

[@stephandden]

Do you invest in ETFs? Which ones? Let us know! 👀

[@BenjaminChartier-q2w]

I love the simplicity of your videos, ETFs are great to take the market with minimal fees. Excellent example showing the 500k fees over 30 years but I calculate more 1.5m@8% vs 1m@6%.

[@stephandden]

Thank you so much! 😊

[@majom741]

You guys are the best. I’ve been watching your videos, so easy to follow and understand. Making life easier for people that want to grow their money. Keep it up guys. Great job 👏🏼

[@stephandden]

Thank you so much! We appreciate it - more to come 😊

[@financialresuscitationwith1409]

Great video! I hold both VOO and VFV in my RRSP because of witholding tax on my US dividends. Would love if you could do a video on witholding tax. I also do the Norbert's Gambitt to avoid conversion fees.

[@raghavbhasin3724]

You will still pay the witholding tax for VFV even in your RRSP as it is indirectly investing in the US market

[@AfroSenpai]

great breakdown family

[@stephandden]

Thank you! 🙏🏿🙌🏻

[@HouseOfBurgz]

Thank you for the video. Time in the market will always beat timing the market. Passively managed ETFs is a fantastic way to capture the growth of stocks that’s diversified for you at a very reasonable small fee compared to a managed fund. Numbers! 🍊

[@stephandden]

Agreed! Also, it was so nice meeting you last week 😊 Thanks again for saying what’s up! 🙌🏿🙌🏻

[@HouseOfBurgz]

@@stephandden Thank you so much. I was really nervous to approach you guys lol. It was kind of surreal. Thank you for taking the time to briefly talk. All the best moving forward and may both of our investment journey brings us closer to our monetary goals! ❤️🍊

[@Investingcoachw]

Love this breakdown!

[@stephandden]

Thank you! 😊

[@joshuahankins2613]

Live in Canada only invest in US ETFs. Why invest in Canada a country in major decline and predicted to be under performing for the next 40 years.

[@InsuringUrFuture]

As an insurance agent we work to create long-term growth with IUL's to aggressively or conservatively invest across the S&P but your interest is earned tax deferred

[@HoneyBrown831]

What a cute couple. You guys look sooo young! Very knowlegeable on the topic!

[@stephandden]

Thank you so much! We appreciate it 😊

[@hazzard]

Thanks for the video. Can you make a video on which is better TFSA or RRSP on the withdrawal phase? I know the difference of both and people usually say if you have a high income concentrate on RRSP. What I don’t get is why would you do that if your earnings will get taxed? Due to compounding interest, your usual portfolio when going into retirement will mostly come from the interest you’ve earned vs the capital you’ve put in. Wouldn’t it almost always make sense to max out TFSA regardless of income? You’d get automatically get taxed 15% on anything over (iirc) $15k on RRIF or RRSP. And it’s taxable income. I don’t know how to structure the math.

[@luigisilvestri2675]

Do you think it’s a good idea to invest in ETFs even if we are in debt ? Or should my wife and I focus on paying off the debt first ?

[@Porcelynnn]

I had VOO, VOOG, VT, VTI, VGT, and MGV… I am planning to sell some because the holdings are similar… 😅

[@stephandden]

That's great that you'v recognized that there's some fund overlap! 👏🏿👏🏻

[@RainMan52]

Best Canadian product after the TFSA

[@stephandden]

🙌🏿🙌🏻

[@endbone]

I want to start invest I was wondering if I need a social security number

[@stephandden]

To open a bank account, or investment account specifically, you typically do need a SIN or SSN in order to do so!

[@LMQC]

Do you guys have Stock Lending turned on or off for your TFSA holding XEQT within your WS Trade account?

[@stephandden]

We have it turned off!

[@tawtaw4232]

Xeqt and vfv

[@stephandden]

👏🏿👏🏻

[@Krish._b-kb]

Unrelated question what are some good beginner credit card

[@kevinliu1844]

Cobalt 😫

[@Krish._b-kb]

@@kevinliu1844 i have no credit history though so it might be hard to get one of those anything else

[@MFTW]

Simplii

[@Krish._b-kb]

@@MFTW not bad but I dont eat out at restaurants so that 4 percent would be a waist

[@MFTW]

@@Krish._b-kb tangerine and then choose your 3 that you use. Unlike no fee credit cards so it doesn't incentives increased spending

[@OffGridandOutdoors]

Excellent Video. All the Cool Young Kids use ETFs