📈 How to become a Millionaire in Canada

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  • Опубликовано: 5 сен 2024

Комментарии • 146

  • @SugarNorway
    @SugarNorway 6 месяцев назад +204

    This sounds like a joke😒, you don't get rich by saving. You can only make quick millions when you make the right investments.

    • @Khalifahmed442
      @Khalifahmed442 6 месяцев назад

      Not just investing but doing so with an expert, who will guide you through the best investments and manage your portfolio... Reasons why I don't regret meeting BIANCA HARLEY DORAN... The best financial decision I've ever made was allowing her manage my investment portfolio.

    • @phillipstall463
      @phillipstall463 6 месяцев назад

      Finding financial advisors like TIMOTHY ERIC MEEK who can assist you shape your portfolio would be a very creative option.

    • @Stacykings
      @Stacykings 6 месяцев назад

      Does it cost a lot to work with Bianca Harley Doran?

    • @unnoticedguy724
      @unnoticedguy724 6 месяцев назад

      I invest with Bianca Harley Doran also and No, it doesn't cost much to work with her... Just Google search her full name and have a meeting with her.

    • @Champ963
      @Champ963 6 месяцев назад

      I have had intentions of starting investing but I always thought it was late and I think I need to stop procrastinating. I will definitely check out BIANCA HARLEY DORAN and see what she can advise.

  • @moonpih
    @moonpih 2 года назад +201

    👴 Him 120 years old:made my first million

  • @davidsmarrt4049
    @davidsmarrt4049 Год назад +70

    Actually, having a credit card in Canada is really good for credit if you’re going to one day apply for a mortgage or even a car😂

    • @mclegend7618
      @mclegend7618 Год назад +5

      I know that’s why I’m so confused myself…. No credit no car off the lot unless you got cash but most people don’t do that ….. plus you need at least 650 to get into most apartments because they do credit checks to anyone that applys but hey he’s gonna get rich for making his own coffee

  • @ThatLadyBird
    @ThatLadyBird 2 года назад +22

    Im not sure if its the same in Canada, but in the US credit cards are great if you pay your balance off every month. My credit card pays me $40/month for that alone. But it also offers discounts on purchases from various retailers, so it saves me money too.

  • @FS-qr9xc
    @FS-qr9xc Год назад +9

    Just to correct the bit that "using your credit card less gives you a better credit score" it's really the opposite. At least it is in Canada. Using your credit card often and paying it off gives you a better credit score. Talking from experience.

    • @Romio666
      @Romio666 9 месяцев назад +1

      They claim that. I order to get a better credit score, you shouldnt use more than 40% of your limit then pay the total statement amount each month.

  • @precievy5752
    @precievy5752 6 месяцев назад +1

    Good advice in general. And great tips about diversifying your portfolio.

  • @AndyRae6672
    @AndyRae6672 Год назад +7

    Since the year's beginning, I've purchased a few equities, but nothing significant. Why am I being such a slouch with this? My motivation to work toward being the first member of my polygamous family to reach the million dollar milestone comes from the fact that others in the same industry make six figures writing articles. I am fully aware of the cost associated with working more to get more money.

    • @TommyBeavers1
      @TommyBeavers1 Год назад +4

      The same thing happened to me; within a year, my expanding IT portfolio was decimated entirely.

    • @RodneyJones-ct6
      @RodneyJones-ct6 Год назад +3

      Nothing you're doing is wrong; you simply lack the knowledge to profit in a bear market. The only people who may earn greatly during dangerous times like these are professionals with vast knowledge who must have observed the 2008 crisis.

    • @MatthewJ.Nystrom21
      @MatthewJ.Nystrom21 Год назад +2

      It is true that many individuals undervalue financial experts until they are in emotional distress. I can still vividly recall how I needed motivation to keep my firm going during a prolonged divorce. Several summers ago, I looked into licensed financial institutions, often known as investment businesses. Fortunately, I came across a highly trustworthy business that gave me a lot of help building up my reserve. Despite inflation, since then, my reserve has grown from $300k to an astonishing two million dollars.

    • @GeorgeSkinner-564
      @GeorgeSkinner-564 Год назад +1

      substantial expansion Tell us the name of the business that is helping you, please. Are you using an IVT firm to match transactions in your trading account rather than just paying the broker, as I've read a bit about investment companies?

    • @MatthewJ.Nystrom21
      @MatthewJ.Nystrom21 Год назад +2

      Of course, you may look up "SolchangeLTD" in a search engine. I'm not sure, though, if I'm allowed to discuss this. In 2020, they were widely covered by the media. My financial advisor, they also handle my investments.

  • @jamiecummins9745
    @jamiecummins9745 2 года назад +44

    Wants to save money
    Uses LED strips in the day

  • @SofiaHayek-wo5wr
    @SofiaHayek-wo5wr 10 месяцев назад +26

    *Great content. Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.*

    • @nathangibbs8341
      @nathangibbs8341 10 месяцев назад

      I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Layla Taylor

    • @MichelleWilliams-xi8id
      @MichelleWilliams-xi8id 10 месяцев назад

      ​@@nathangibbs8341Wow.... She has really made good name for herself, she's also my account manager

    • @MichelleWilliams-xi8id
      @MichelleWilliams-xi8id 10 месяцев назад

      My first experience with her gave me the assurance that has made me to invest without fear of losing

    • @ChristianCowan-ii1eg
      @ChristianCowan-ii1eg 10 месяцев назад

      She trades for me too. My first investment with Mrs Layla Taylor gave me profit over $25000 and ever since then I trade with her and it has been a good turnups

    • @daviswalker1922
      @daviswalker1922 10 месяцев назад

      Having monitored my portfolio performance, Layla Taylor has made me a jaw dropping $370k from just the past two quarters alone. I have learned why these experienced traders make enormous returns from the seemingly unknown market

  • @ChrisCaledon
    @ChrisCaledon 6 месяцев назад

    My credit score is 900, which is the highest you can get. I use my credit cards daily. Pay them off in-full monthly. Keep your oldest card active. Never pay late.

  • @monubhogal4839
    @monubhogal4839 2 месяца назад

    which trading view or platform do you use to buy stock or view? I am a beginner. I want to use trading view with the buy/sell feature. Any suggestion

  • @DogsCrazyAdventures
    @DogsCrazyAdventures 7 месяцев назад

    I maxed out my cards in 2019. I'm not rich but I now have a few grand instead of a few hundred. I used to have like $10 at the end of paydays. 3 months ago I maxed my cards again, I paid them off at a 3X.

  • @AbhinavChauhan__
    @AbhinavChauhan__ 8 месяцев назад +4

    What colour is your Buggati

  • @nicholass5075
    @nicholass5075 10 месяцев назад

    To be honest treating your credit card like a debit is way better you can get things like cash back, travel points and etc….

  • @azaadkamal6188
    @azaadkamal6188 5 месяцев назад

    Keep up the great work Rahul ❤

  • @user-fp6mn1rj8b
    @user-fp6mn1rj8b 7 месяцев назад

    rahul telling us how to be rich in canada😅😅..awesome bro

  • @lapraxi
    @lapraxi 6 месяцев назад +1

    Immigrants who just landed with student visas already showing others how to be millionaires...

  • @SkincarewithAliKhalid
    @SkincarewithAliKhalid Год назад

    What do you mean by using less card ? If someone use more card and spending his bank money like his salary money he can still be use too because even in the way of getting rich people does spent money on food etc so if someone using card he can get rich too but yes its not good to take and give interest ( Sood)

  • @shubham4845
    @shubham4845 2 года назад +2

    And I forgot to mention that my dad is millionaire

  • @saidk.6461
    @saidk.6461 2 года назад +14

    What a joke dude 😂

    • @DigitalAdventures1
      @DigitalAdventures1 2 года назад +2

      I think the correct title for the video is : how I am very conservative vs how I am rich

  • @martinsriggs2441
    @martinsriggs2441 Год назад

    Trading rights has changed my perspective on how one can succeed in life. I’ve been able to clear my debt and go on to have surplus to take care of my family. Working multiple jobs for money isn’t the optimal way to attain financial freedom. Unfortunately, we find this out later in life. Great video

    • @khaledmeraashli7979
      @khaledmeraashli7979 8 месяцев назад

      Where do you advice to start ? Trading in what and how

  • @Mother47
    @Mother47 10 месяцев назад

    You guys are good...learning

  • @unknownhq3980
    @unknownhq3980 Год назад +2

    With DOGE…RIP to becoming rich😂

  • @LUCYANGRY
    @LUCYANGRY 8 месяцев назад

    What is the best trading program in Canada that you can buy and sell?

  • @Day_Trading
    @Day_Trading Год назад +1

    If You Want To Drive Rolls-Royce Than Stop Taking Advice From Toyota Drivers.

  • @samyjohn7009
    @samyjohn7009 Год назад

    you learn from scammers nicely

  • @sinistergroupon
    @sinistergroupon 2 года назад +2

    Credit cards bad? Bitcoin good? I stopped listening right there.
    Credit cards give you interest free money for 30 days. Just pay off the balance and you’re good.

  • @TheFab5Countdown
    @TheFab5Countdown 8 месяцев назад

    Thanks for the advice I plan on starting my investing journey soon I’m currently looking for a good portfolio manager to manage my funds if anyone has any recommendations let me know

  • @moniquelafleur1066
    @moniquelafleur1066 Год назад +2

    Money is not worth shit now why save it
    Use debt to make money 🙌 you’ll be rich in a year 🎉

    • @heroicTurksih
      @heroicTurksih Год назад

      Give me an idea to start I’m ready

  • @dv534
    @dv534 6 месяцев назад

    You need money to make money period!!

  • @SLAY2BITCH
    @SLAY2BITCH 11 месяцев назад

    HLO BRO,
    CAN WE DO TRADING IN INDIAN STOCK MARKET FROM CANADA???

  • @omaine04j23
    @omaine04j23 Год назад

    People need to realise this guy is telling the truth. There is no way to become rich fast, but it is very possible to become millionaire by investing in etfs or real estate. Wake up people, this is simple logic

  • @tony011
    @tony011 Год назад

    what percentage roughly would I lose if I invested into voo over 40 years through my rbc direct investing. Because I would pay the tax and I would pay the conversion rate from cad to usd. Because when I run a compound intrest calculator of 150$ bi weekly for 40 years at 8% ave annual return that would be 144000 invested with 1.1m total money's at the end of the 40 years. Would it still be close to 1 million after all the fees after 40 years ? Hypothetically if it was an 8% annual return for the next 40 years.

  • @abdulmalekrayhanxeno9538
    @abdulmalekrayhanxeno9538 11 месяцев назад

    Brother what is the stock profit tax?

  • @jettajetsfan4681
    @jettajetsfan4681 2 года назад +2

    Is quest-trade the best brokerage for Canada

    • @Cheapguyrahul
      @Cheapguyrahul  2 года назад +1

      Both questrade & wealthsimple are good but long term questrade will always be better due to USD holding

  • @nawamarora1542
    @nawamarora1542 Год назад

    Do business or any startup in this time to earn over 30-50 percent returns

  • @ParraguezPinto
    @ParraguezPinto 2 года назад

    Hi have you ever been in Mexico Estado de México?? At the north area as Cuautitlan Izcalli as invest to retired , it is so close from Mexico city and have everything to give the american retired people good quality life...

  • @VintageReact
    @VintageReact Год назад

    Rahul saving 50 cents a day!

  • @stunnayyc6531
    @stunnayyc6531 3 месяца назад

    Billionaires play with debt; broke men work hard for their money. That’s a fact of life

  • @rafaelcardenas515
    @rafaelcardenas515 10 месяцев назад

    Everything was just ok until he mentioned Dogde coin lol

  • @Singh-mf6gx
    @Singh-mf6gx 7 месяцев назад

    Invest in which application ??

  • @Lizardsaw
    @Lizardsaw 8 месяцев назад

    No one has ever saved themselves rich

  • @heyy5770
    @heyy5770 10 месяцев назад

    are you serious? 10/10

  • @artwithme8615
    @artwithme8615 Месяц назад

    little does he know as he post this in 2021 in 2024 one thing that he did made him rich prob a millioner not from his stupid saving methods ( its his bitcoin he said he has few so if he has atleast 10 he would be a millioner LUCKY guy)

  • @Peter-eg5fy
    @Peter-eg5fy 2 года назад +3

    Tryna safe money *buys useless neon lights*

  • @yxmichaelxyyxmichaelxy3074
    @yxmichaelxyyxmichaelxy3074 3 месяца назад

    Not using a credit card gives you a better credit score?? Who is this guy? That is incorrect. Why the hell does he think one cannot receive loans etc with no credit score? Duhhhhhh....

  • @rojannelblo2739
    @rojannelblo2739 8 месяцев назад

    Im 8 years old snd i have save 210

  • @M00NKK3YYZ
    @M00NKK3YYZ 9 месяцев назад +1

    so no Canadian youtuber made a video
    explaining this #npc government rule
    investment limits Canada 2023 30k
    we need a video on this
    & who vote for this clownery

  • @raztdakj7057
    @raztdakj7057 7 месяцев назад

    Don't listen to this guy if you want to become a millionaire. Probably he doesn't even qualify for good credit cards.

  • @barandbeyond3763
    @barandbeyond3763 2 года назад +4

    Not how you get rich lol

  • @fantastikfanatic1900
    @fantastikfanatic1900 Год назад +1

    He bought Voo instead of vsp... Noob.

  • @Aziz.A
    @Aziz.A 8 месяцев назад +1

    Don’t listen to this guy

  • @CLIPSRUS1070
    @CLIPSRUS1070 6 месяцев назад

    You didn't explain how to become a millionaire.!

  • @arsiikarnaituk3130
    @arsiikarnaituk3130 Год назад

    Where you from montreal

  • @ModernWorldz
    @ModernWorldz 2 года назад

    Thanks

  • @mercyblo8901
    @mercyblo8901 7 месяцев назад

    I save 245 im 8 years old

  • @SorenDreler-lc5sl
    @SorenDreler-lc5sl Год назад

    Saving Money wont make you rich. Just accept it

  • @atulatul4027
    @atulatul4027 8 месяцев назад

    tu ta hajje tak ni banya bro 2 saal ho gye.....

  • @ATHARVSHARMARA
    @ATHARVSHARMARA Год назад

    😂😂😂 bad finace management ETF are good in downfall market bro have some technical analysis before becoming milliona

  • @Manehgdh
    @Manehgdh Год назад

    How much u made?? Not more then working? Do this when u lazy

  • @kjinfamous560
    @kjinfamous560 Год назад

    lost me at dogecoin

  • @EatPrayTradeBitcoin
    @EatPrayTradeBitcoin 10 месяцев назад

    Keep that to yourself

  • @BHOLENATH_KA_BHAKT
    @BHOLENATH_KA_BHAKT 4 месяца назад

    Bhai hindi mai bol la

  • @akshaypandey3573
    @akshaypandey3573 8 месяцев назад

    There we go again! Another get rich quick scam. Honestly if I had a dollar for every time I hear this crap.

  • @jasonamaya1425
    @jasonamaya1425 9 месяцев назад

    Scam

  • @harrisn3693
    @harrisn3693 8 месяцев назад

    Ok brokie

  • @AlexandrBorschchev
    @AlexandrBorschchev Год назад

    lol

  • @sahil1294
    @sahil1294 Год назад

    Overall crappy advice!

  • @MrDj-rl2ef
    @MrDj-rl2ef 10 месяцев назад

    Do u have a telegram ?
    I’d like to ask a few questions in private :) thanks

  • @johntonguecruz2404
    @johntonguecruz2404 4 месяца назад

    Sure William Last. sure

  • @9756442314
    @9756442314 11 месяцев назад

    Fake influencer, by this approach he will soon become millionaire by 2123😜