How To invest $1000 or less in Canada (5 ways)



In this video I share with 5 ways to invest $1000 or less in Canada.You don’t need a lot of money to start investing. You can start investing with as little as $1. Watch the video to find out how.
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17 thoughts on “How To invest $1000 or less in Canada (5 ways)”

  1. Well I have a full time + part time job with no kids so for me my $1000 emergency fund was easy to develop although I know for a lot of people (and for me when I didn't have a good job) it's quite hard to save that. I've read another opinion about emergency funds and how they really aren't necessary because there's EI for job loss and that that money should just go straight into the market instead of sitting. What do you think?
    Oh I see your next vid is about emergency funds ill wait

    Also why does life suck for Canadian investors lol I want to link my IBKR to Yahoo Finance but the service is only for the US

  2. Hey Charlee! Could you do a video on how all the credit card companies are lowering people's credit limits. My Amex card @8.99% suddenly dropped from $7,500 to only $2300. Also, I had a Lowe's card with $2500 available and they just cancelled it
    I did a 0% balance transfer from my MBNA to pay off my Amex that was at $1700 because the credit utilization would have been horrific as they dropped the limit.

  3. Good stuff man!! Clear, relevant points and info.
    On Wealthsimple trade and invest thanks to your info from months ago πŸ‘ŒπŸΎ.
    Need to look more into GICs, can you make recurring contributions to them or is it a one time lump sum ?

    Cheers

  4. I'm new in Canada and at investments. I opened a TFSA with rbc, how can I invest with that account? I opened different cash savings accounts with wealthsimple and plan on opening another TFSA with them

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