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The Investing Trick that Saves $1,000s (Norbert's Gambit in QUESTRADE Tutorial 2021)
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- Опубликовано: 7 авг 2024
- So you want to buy US Stocks... but what's the BEST way to do so? Find out in this video! I'm no genius so this is not investing advice!
💸 Questrade Referral Code (846333848428368) -- deposit $1,000 into a self-directed investing account and we both get $25 cash!
📚 One Up on Wall Street by Peter Lynch (amzn.to/3baDTkL)
👍 don't forget to like the video if you haven't already (thanks!)
▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - What is Norbert's Gambit?
0:37 - Why Use Norbert's Gambit?
1:33 - How to do it
3:29 - Questrade Example
4:46 - Conclusion
📷 My Filming equipment!
Flexible Gorilla Pod Tripod amzn.to/3j852s8
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#investingforbeginners #stonks #norbertsgambit
*2:48 - Note that this is 3-4 BUSINESS DAYS and also this is where I talk about when to use this method (didn't bookmark it in chapters)
I have used Norbert's Gambit in the past. Great explanation!
Thanks, it's really necessary imo because fees really destroy your gains
@@Martin_Leung I honestly wish my funds would automatically transfer from CAD to USD!
Seems pretty straight forward
It is!
as I just started with questrade, my question is so if I put my initial deposit of $1000 into my RSP account and want to buy US stock in RSP. then also I have to do all the same steps that you showed in the video to buy us stocks right?
as I mentioned in the video, if you would rather transact immediately instead of waiting a few business days, then you don't have to follow the steps and have questrade just convert the currency for you at a ~2% fee (won't be that big of a deal for smaller amounts like you mentioned)
Can we see a portfolio breakdown? Love the content btw
maybe in the future, I don't have much diversification so the video would be like 2 minutes haha
@@Martin_Leung that would still be good lol
Hey Martin I'm Michelle back with year 2 bmsc! I already chose 7 required courses and wondering what 3 easy courses should i take to boost my gpa :) Online courses would be so nice!
Pharm 2060a/b and physiology 2130 were pretty easy imo, but it's really up to you! Personal enjoyment >>
@@Martin_Leung Thank you so much! just one quick question: where are most of the second year courses located at? The natural sciences centre?
No idea, it was completely online in my second year.. haha