@joyeeyang0: Dont day trade in your TFSA 🙅🏻‍♀️ #finance #investingforbeginners #fyp #money #stocks #millennial #investment #investing #dividends

Joyee Yang
Joyee Yang
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Region: CA
Monday 17 April 2023 15:49:04 GMT
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marksmunchies
Mark :
As long as cra doesn't provide clear guidelines on what's considered day trading, it's messed up they're allowed to tax you
2023-04-17 17:22:27
74
gtr_james
Gtr_James :
day trading shouldnt matter, we take the risk, government taxes the gains? Fk that.
2023-04-17 18:23:30
6
stephen_spears
STEPHLTT :
As long as you earn more money, CRA is not happy and will take a piece! Why the heck are we forced to be buy-and-hope investors!?
2023-04-20 18:08:48
2
bigredcandle
Bigredcandle :
Why should one be forced to hold a stock for a period of time? If you have done your homework, why not allow trading a position? CRA is in the wrong
2023-04-18 00:42:06
10
learn_french_with_avery
Learn_French_with_Avery :
From my understanding, CRA won’t give a definition because they know ppl would trade in a manner not to cross that threshold.
2023-04-17 22:09:36
7
s3ngoku
DJ :
Is that applicable for capital loss as well. Ie. if I sell early and hold the rest for a long time.
2023-04-25 04:04:21
3
k_mnorton
Kaylee :
How do you know which stocks pay dividends?
2023-04-27 07:18:35
3
resua1890
Resua :
could you explain how buying non canadian stocks work and what taxes we’ll have to pay if you’re canadian?
2023-04-17 16:49:49
1
therelicsmith
The Relicsmith :
I think you can buy and sell all you want but if you make significant money they will want some.. if you make small fry money they won't care
2023-04-27 14:18:59
1
blissisme1
Ro! :
how did Fareed Mohammed grow his portfolio?
2023-04-18 01:05:35
3
caramelatte143
caramelatte :
Hi! If I open a TSFA account, do I have to contribute monthly?
2023-04-17 20:26:32
1
user9329217976922
user9329217976922 :
In the USA it is one year for long term capital gain rate.
2023-04-18 07:47:21
3
hooda_0.0
hooda_0.0 :
What account should i day trade in as a Canadian?
2023-04-23 20:27:38
5
stephanb38
stephanb38 :
big casino winnings are not taxed. trading is gambling in my opinion. cra should not tax it.
2023-04-18 15:16:08
4
cdn.shaun
cdn.shaun :
But you can say trade in your RRSP since it’s under older rules from decades before. Go figure.
2023-04-17 16:55:50
2
aj20_reviews
Anne :
I read somewhere that you should hold it 3 months minimum.
2023-04-29 00:37:57
1
mocsaritetu
mocsaritetu :
luckily my country doesn't care as long as you dont take the money out of the account within 5 year you can do whatever you want
2023-04-17 18:56:30
1
joyeeyang0
Joyee Yang :
How long should you hold a stock for it to not be considered “day trading”?
2023-04-17 15:54:26
22
jamorantlikescookies
Ja morant :
You’re actually so pretty mashallah
2023-04-17 23:11:19
2
mik.nolovinn
mik.nolovinn :
day trading = buying and selling within the same day. they care about frequency of trades a year. also the rules are vague for their benefit.
2023-04-17 18:52:27
2
robertstabler4
robertstabler4 :
I learned that the hard way!! Good info.
2023-04-18 05:22:03
1
scoackle
scoackle :
the fact that you can trade options in a tsfa proves you can day trade in a tfsa. the issue with the cra is how you earn income
2023-05-08 21:30:40
1
neutrinotau
XYZ :
In America short term investment is selling in less than a year and requires to pay taxes every year
2023-04-25 23:45:12
4
im_triathlete
IM-Triathlete-CPA 🇨🇦 :
buying/selling an investment within the same day or multiple times within a day may constitute carrying on a business
2023-04-18 00:24:51
0
1kaaz_
Kaz 🇨🇦 :
Thank you so much for your videos, I started like 5 days ago and I’m 20 I’m so glad I’ve found your account and tips you gave
2023-04-19 19:46:55
0
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