TFSA Simplified for Beginners | Investing Tax Free | Mistakes to Avoid

TFSA Simplified for Beginners | Investing Tax Free | Mistakes to Avoid
In this video, we will be going through all things you need to know about TFSA and investing tax-free.
Thank you so much for watching !!!
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#canadianinvesting #TFSA #FinancialTalks #Taxfreeinvesting #CRA #CanadianTaxGuide #Internationalstudents #Invest #InvestinginHindi #StudentsTFSA #TFSAinHindi #FinancialTalksCanada #SandyTalksCanada
Disclaimer: I am not a financial advisor. The contents on this channel are for informational and entertainment purposes only!!

[@Brar00013]

M proud f u sis 😍🙏🏻☺️

[@SandyTalksCanada]

Thanks bro

[@novelholic9088]

This is so so informative. I would love more videos regarding finance from you. You explain so well. I am following your advice only and coming to Canada in December

[@imranshaik6735]

Best video I have found on youtube to understand TFSA account, Awesome 🤩

[@SandyTalksCanada]

Best comment I read today ❤️❤️🙏i am glad it helped thank you so much

[@manpreetsidana18]

Great job Sandy!!

[@SandyTalksCanada]

Thanks Mani

[@gunjan3829]

So informative. Thank you so much❤️

[@anmoljasyal3221]

Mam your content is very appreciative

[@aashishsun1983]

Thankyou for clearing doubts

[@ririraman7]

You are simply awesome, thank you very much Sandy

[@SandyTalksCanada]

You are so welcome

[@arjun6leo]

Congrats and Well done Sandy..

[@SandyTalksCanada]

Thanks :) Glad you liked it

[@khawarraza8064]

Sandy, your videos are best source of information for a newcomer like me. Keep it up, daughter! Love from a Pakistani uncle.

[@SandyTalksCanada]

Thank you so much Uncle ji! 🙏

[@roop.kaur15]

Chaa gye chotu.. much love and power to you 😘

[@SandyTalksCanada]

Thank you so much 😀

[@aishwaryasarda2957]

Thank you so much! well explained!

[@SandyTalksCanada]

Glad it was helpful!

[@manashsingh6550]

Sandy nice information by you

[@lovepreet_25]

Informative 👍🏻

[@sarabjeetsingh576]

very useful information..thank u so much 🙏🙏👍

[@jashansingh-sj8rr]

Thats some good stuff to know sis. Thanks

[@SandyTalksCanada]

Thanks Bro

[@proresume8]

valuable information. keep it up buddy 👍🏻

[@SandyTalksCanada]

Thanks Di

[@beunique6974]

This channel is 200% fit example why our community dont like education videos....trust me ...i watched 100 of investors who give their suggestion what to do how to do....but nobody tell what she tell in just 10 mints.....didi ....really really 🙏

[@beunique6974]

I think i write wrong...basically my mean is this is most under-rated channel from punjabi investors channel.

[@samarthjoshi8037]

Superb❤

[@zulfizulfiqar9377]

Thank you sister for understanding me in simple language. Best wishes

[@SandyTalksCanada]

You are most welcome

[@preet6969]

Great. Good luck

[@SandyTalksCanada]

Thanks!

[@ravinderkaur6950]

Good informat

[@naturevedios31]

Beauty with brains

[@Footballrules884]

Heard your beautiful voice after so long .

[@SandyTalksCanada]

Haha Thanks

[@abhishekpundir5205]

Grt video

[@kanikamaheshwari9732]

Hi Sandy loved ur this video as well as usual❤. Just a quick question, TFSA is a account with the bank we usually have savings and chequing account right? So, how can one have a TFSA with a virtual app like Wealthsimple?

[@jatinbrother5850]

I dont know didi abhi subscribers itne km kyu h aisa content muje nhi milrha yhaan pr aap bhot information laarhe ho i am pretty sure yh channel bhot bda bnne wala h soon ! M b bnaane wala hu channel and saara yhi financial student life dikhaunga 😉 u gotaa interview me soon lol

[@rajindersingh-hw1pv]

Where do you find all this information and where one can learn and read all this information about taxes and financial stuff

[@brigadierbrigadier6356]

Kitni awesome hai yaar ❤❤❤❤❤so cute ❤❤

[@universe999]

Excellent

[@SandyTalksCanada]

Thank you! Cheers!

[@gurmukhsingh666]

Thnku sis

[@SandyTalksCanada]

My pleasure bro

[@rakshitsaini7128]

Kya is me criptocurrency bhi buy Kar sakte hai

[@falTuvlogs774]

hey, my question is, can i deposit into TFSA at the end of the year and will that deposit still count as tax free

[@hiccup108]

Can we buy bitcoins & crypto as an international students?

[@prasaad396]

Mam in video i think u sed kahi aap intraday to nahi kar rahe ....so can an indian do intraday in canadian equity shares while being in canada. pl advice thnx

[@RajinderKumar-nj8hx]

Mam super visa in canada kya main stock market me invest kar skta hoon please answer

[@canadianpunjabi907]

hi.. can i know do these working hours includes in sin ? as a student can i do as much as i want ??? and why they need sin… please answer sister❤

[@rajanveersingh4423]

madam ji sanu bujja nu v samjh agya ji sirra laata ji

[@SandyTalksCanada]

Hahaha 🤣 dhanvaad ji

[@RidhiSethi]

Great video!! One question: What if I want to trade in Indian stocks , is there any app for that? Or can I operate using my sibling's demat account who is staying in India, how to I avoid taxes on it ? I'm new to investing and this video cleared so many doubts, thank you :)

[@RanjeetSingh-zb5ww]

Aap cousion ka account use kr skte ho mai v aisa hi krta hu canada me Zerodha use krta hu

[@d3b798]

If I want to buy stocks from indian market then how can i do that?

[@gurwindermanes3502]

Hlo sandy S&P 500 american hai ya canadian ????? Please answer

[@Emm_Ess]

Can we do day trading buy sell in TFSA account ?

[@chilledsam3025]

Can you explain 5:16 part with an example?

[@rubalpreetsinghgill2917]

Best investment vehicle in TFSA is Segregated funds. 😎

[@RanjeetSingh-zb5ww]

Oh kehre hunde aa veere

[@rubalpreetsinghgill2917]

@@RanjeetSingh-zb5ww you can contact me

[@nimishshinghal6582]

Thank you 🙏 atleast you are not talking in Punjabi, so that me b samaj paya

[@pawanphotography6262]

Ede vich resk free investment govt bonds a only

[@devbasnet5043]

Hlo Didi mughye bhiee ye sikna hey Like how to invest in wealthsimple in canada so plz Can you teach the trading process

[@sahilkakkar8679]

few questions... first thanks for this informative video. i dont have track of my usage of contribution limit but i am sure i didnt over do.is there any way i can keep track? or do CRA have a track of limit being used? and other question for example i came in 2018 and my contribution limit upto now in 23500$ n i have roughly 18k in my acoount till date .if i withdraw 8k in december and cra give 6000$ for 2022 what would be my total contribution limit for 2022?

[@SandyTalksCanada]

Thanks sure for limit you can check online in your cra, and then deduct this years contributions

[@sahilkakkar8679]

@@SandyTalksCanada okay no i am actually confused..so for exampld if you added 9000$ and with profit you made 14000$ and you withdraw $4000 and after a month you again add $4000..so how much i actually used my limt? my total contribution limit is 23500$.

[@SandyTalksCanada]

@@sahilkakkar8679 so cra would consider any deposit you make in a TFSA in a year . If you withdraw you can regain that limit next year only on 1st jan. But you are safe in this case because you have more contribution limit

[@sahilkakkar8679]

@@SandyTalksCanada oh okay..so basically i used 9000+4000 =13000 upto now right

[@SandyTalksCanada]

@@sahilkakkar8679 yes

[@beunique6974]

Didi can i able to open different rrsp accounts or only one because my employer contribute to rrsp but i need to open account with insurance company that have tie up with company where stock investing option is not available.

[@SandyTalksCanada]

you can open any number of RRSP accounts but stick to your RRSP contribution limit.

[@beunique6974]

Hii didi .....if i hold candian stock with divided ...will i need to pay with holding tax...2)if i hold stock like tesla which dont pay any divide in tfsa ...will i need to pay with hold tax on tesla or any usa stock who dont pay any dividends

[@SandyTalksCanada]

There is no withholding taxes on Canadian dividend stocks in TFSA. 2) For Tesla, there is no withholding taxes.

[@beunique6974]

@@SandyTalksCanada thanku so much🙏

[@RanjeetSingh-zb5ww]

Pls rply bro tsfa wealth simple me Hum stocks sell and buy actively kr skte hai ? Means Aj buy Kia 2-4 days baad sell kr dia aisa kr skte hai ? Agr Nhi kr skte to minimum kitne time baad sell krna chahie

[@RanjeetSingh-zb5ww]

Pls rply Mam tsfa wealth simple me Hun stocks sell and buy actively kr skte hai ? Means Aj buy Kia 2-4 days baad sell kr dia aisa kr skte hai ? Agr Nhi kr skte to minimum kitne time baad sell krna chahie

[@SandyTalksCanada]

Frequency is not defined by CRA but these accounts are meant for investing not active trading I would say.

[@RanjeetSingh-zb5ww]

@@SandyTalksCanada can we call them and ask them k kitne time baad sell kr skte hai ?

[@jasleenxiicommgreen9639]

@@RanjeetSingh-zb5wwdid you get to know about this? If yes tell me

[@Simple_writings]

Can’t we withdraw and deposit back and forth as we do in normal accounts?

[@SandyTalksCanada]

You can only deposit back if you have the extra limit, if you already used all your contribution room then you have to wait for the Jan 1 next year.

[@hardeepsinghdhillon3970]

Hlo mam pls tell me if my work permit is expiring so then what I need to do withdraw my money to continue with it. Is this legal or not Pls must reply

[@komalsekhon8787]

Is it must to buy stocks ,ETF etc...or we can just save money here in TFSA ?

[@ourjourneytogether3500]

Saving is good but it wont help to beat inflation and value of money goes down. Recommend to buy safe product like GIC etc. All about TFSA > kzbin.info/www/bejne/anybq6J3ha2jhs0

[@akashdeepsingh2562]

Is TFSA account only opens Canadian’s resident?

[@SandyTalksCanada]

No anyone on valid study, work status can open too in addition to the PR and citizenship holders

[@mr.relax1981]

Hi sis, my new in canada and new to investment, need a guidance on wealthsimple app, as I have downloaded. So need for guidance on how to invest Tru it.

[@ourjourneytogether3500]

Wealthsimple app is simple and easy. Also you can call there Help desk and that is best way. All about TFSA > kzbin.info/www/bejne/anybq6J3ha2jhs0

[@HarpreetKaur-ln6xw]

6000 ik bar e deposit kar sakta hai ja fir every month 500 can do plz

[@RanjeetSingh-zb5ww]

Every month

[@balpreetkaur4288]

where to open tfsa account

[@SandyTalksCanada]

Start with WEALTHSIMPLE link is in description you will 2 free stocks as well it’s a limited time offer.

[@balpreetkaur4288]

can you please tell how much interst wealth simple gives us

[@RanjeetSingh-zb5ww]

0

[@akashanuragi5602]

👍👍🙏😯

[@HarpreetKaur-ln6xw]

Main Canada 2021 ma ayi thi main 12000 deposit kar sakdi Ho

[@ourjourneytogether3500]

You can invest 6000 + 6000 for year 2021 and year 2022, for year 2023 you can deposit 6500. So you can invest 12000. Also recommend to check with Bank when you open the account. All about TFSA > kzbin.info/www/bejne/anybq6J3ha2jhs0

[@RanjeetSingh-zb5ww]

Yes

[@isushiman]

Hi sister Nice explanation You did mentioned about dividend gains in Tfsa Like let’s say Our limit for tfsa is 10k In that year , we earned 15k so that 5k is capital gain and nothing happen to our contribution limit which is fine What if we loose like Out of 10k limit We loose due to bad stock and in that same year we have like 3k only So what will happen to contribution room ?

[@khushislays2305]

These are real influencers ❤ proud of you sis🤍

[@SandyTalksCanada]

Thank you 😊