$11,000/Month Tax Free Income in a TFSA?! 7 Key Lessons for Canadians! TFSA is KING #makemoney passive income
#sidehustles #passiveincome #makemoney
20523 Kişi Okudu – 861 Kişi Beğendi Sende Beğen Yorum Yap
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00:00 Marcus Story
03:30 Buying Stock
05:24 Selling Shopify
07:56 What did he BUY?
09:48 Future Plans
11:41 Lesson #1
13:00 Lesson #2
13:38 Lesson #3
14:54 Lesson #4
16:54 Lesson #5
17:51 Lesson #6
18:41 Lesson #7
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So 2 path to achieve financial independence
1) start with income ETF then buy and sell a real estate, then use proceeds to buy more income ETF
2) start with growth stocks then swap to income ETF
I’m doing no. 1 it’s easier no luck needed
no. 2 how would you pick a stock that’ll grow exponentially in 5 years?
Can you please advise me what can I do for my two sons age 15 and 13 re tfsa please and thank you
I’m certain the CRA is trying to apply and test certain scenarios behind the scenes to see if they can screw Marcus via some odd tax rule that they will say was “triggered” somehow. May we all become like Marcus via our TFSAs.
I plan to retire in 9 years and im invested in vfv…Good or bad and what else should i invest in?
He should be making at minimum $10,000 a month with that much, covered calls alone would easily make him 20% a year.
What platform did he use to manage the portfolio ?
Adrian, if i got my TFSA to 800K and then sold everything so now my TFSA has 800K cash… that is the new high water mark ? so if i then bought back those stocks and they dropped 50% in value I would still have the same high water mark of 800k ?
I read the article in Globe and Mail, I was curious how he got to increase his portfolio value so high,
he got lucky with shopify stock, he won the jackpot,
15% annual return? Doesn’t sound likely. Will it still be $11K/mth when the market corrects?
good for him, very ballsy
I am happy just to get $1000 tax free every month 😅
doesnt add up. 95k is the maximum contribution room thats possible
what if he bought shopify in 2021 and sold all in 2022?
I put 20k on fbtc at the begining of the etf now its worth over 85k ! my plan is and always been to let this grow at the point were it will make sens to sell it for hyld hdiv etc and live of it !
Good luck with that..i would be ditching any stocks or funds.. they have been lying about it all
Marcus how did he know ro dump his whole money in to Shopify and most likley got inside information.
You can actually set up you TFSA to trade call/put options. Very fast 10x+ potential but also very high risk.
Lol im sure disclosing to the newspaper wont flag the cra to audit them
great video!
Hi Adrian, my fiancé and I recently bought a house, and I use my FHSA, which I don’t want to use it yet but I did for my first home. The RBC direct investments rep. Explained to me that I’m still able to have my FHSA remain open and continue to contribute into it and able to deferred my income till I reach my max of 40k of contributions, is that true?
Markus has become an instant celebrity. Hopefully he does that testimonial with you.