In this video, I provide a comprehensive overview of the differences between TaxFree Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) and discuss when it may not be the best time to invest your money. I delve into the details of how much you should consider investing and where the best places to invest are. Additionally, I share my personal investment strategy and provide valuable insights for viewers looking to make informed financial decisions. This video is perfect for anyone looking to gain a deeper understanding of TFSAs and RRSPs and how to effectively utilize them in their investment portfolio.

Time stamps
00:00 Intro
00:45 When not to invest in the stock market?
02:26 How much to invest in the stock market?
03:21 Where to invest RRSP or TFSA?
08:20 What's better?
12:21 Decision Tree: Investing!
14:42 My investment strategy?
19:53 Final thoughts

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MORE ABOUT ME
My mission is to provide you with actionable content that enables you to build your wealthand live up to your potential. I came to Canada with my wife (Simran), during the pandemic in 2020, started with very little money, no job to today, where I recently quit my job after building my side hustle to a cool 6figures in revenue. I have met so many amazing people and mentors along the way, and I want to bring everything that I have learnt and continue to learn to you via this channel.

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#Realestate
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.