@nobudgetbabe: Replying to @yellowducky28 How do taxes actually work on your investment income? Breaking down the two common ways you make money from investments (dividends and capital gains) and how taxes work depending on the type of account you've bought the investments with. Want to learn more about investing and how to build a bank account that works harder than you do? Gran a spot in our free Investing Masterclass 💰 grab your spot on our website under FREEBIES 🤍

Nicole Victoria | Money Coach
Nicole Victoria | Money Coach
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Region: CA
Saturday 27 April 2024 03:11:27 GMT
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nobudgetbabe
Nicole Victoria | Money Coach :
* capital gains tax rules are proposed to change in Canada, but you can avoid this by investing through a tax sheltered or deferred account ❤️
2024-04-27 03:12:59
14
sam23_67
Torontoguy23 :
Capital gains = Government making money on your capital gain without taking the risk of investment. Should be ILLEGAL !!!
2024-04-27 14:27:35
11
stephanipastrano
Stephani💃 :
If you plan on keeping the dividends as your extra disposable income, how much should you save to pay it back in taxes at the end of the year
2024-04-27 03:26:37
7
linrochelle95
Lin Rochelle :
How long did it take you to start being able to use the dividends as passive income?
2024-04-27 03:24:34
7
liberationlass
Liberation Lass :
If those taxes went to the people that would be great, but in the US it provides corporate subsidies and pays for war.
2024-04-27 03:34:33
6
jwphillips6
Jake Phillips :
The US government is trying to tax us on unrealized capital gains. Can you explain how this would work??
2024-04-27 03:26:30
3
loonatixgonemad
loonatixgonemad :
Do the dividends that get reinvested take up TFSA room? Thanks.
2024-04-29 22:11:14
2
paulaeniks
paulaeniks :
Is the VDY a good dividend investment. And how and when it's paid???
2024-04-27 17:29:43
2
scarcinogenic
scarcinogenic :
Dad’s 1979 pickup is worth double now. The value of the money he paid with is 4x more than today’s. The govt thinks I owe them 25% of this gain even though it’s a loss
2024-04-27 15:29:53
2
iamchrislukejohnson
Christopher Johnson :
Thanks so much for sharing!
2024-04-27 08:38:19
2
kenniemikesta
kenniemikesta :
if you reinvest your money from capital gain back into dividens stock or just any stocks, does you still have to pay taxes?
2024-04-27 04:47:34
2
verolaruiz
Veronica Ruiz :
is there a difference if the stocks are american vs can related to taxes
2024-04-27 03:45:35
2
acerider1
Blake :
Schools don’t teach financial literacy as most teachers don’t understand it themselves. It needs to be part of the curriculum.
2024-06-16 21:31:24
1
captainblando
Papa J :
just have to deal with the withholding tax on US stocks.
2024-04-30 04:09:11
1
thebroyoudontevenknow
BroYouDontEvenKnow :
Give us a scenario with numbers on what living off dividends actually looks like
2024-07-08 15:31:22
0
t.case
🇨🇦t.case :
Not anymore. Now, in Canada, 67% of your gain is taxed instead of 50% of it. New rule change.
2024-06-26 16:24:46
0
4279gstar
Gary :
I ❤️you. People like you, just giving out this info. I just took my son to open up a tfsa. More power to you!! 👊🏽
2024-06-22 20:21:25
0
alib013
alison_aimee_ :
would you get a CAN TFSA and invest on a property company and get a drip? would I pay taxes on that?
2024-06-22 13:14:11
0
estatesalesbarrie
Karen :
Girl, you’re amazing!
2024-06-18 23:30:47
0
realamyd
Amy 🇨🇦 :
lol I've just started on my investment journey, while I am up 9.8% my dividends have been like $4 a month! lol I know they'll get bigger when I have more invested. but it makes me laugh!
2024-06-16 02:01:57
1
shebagirl36
user3175479131879 :
does your book explain everything ? I need to move my RSP's it has not gained at all since with my broker fed up and have TFSA but nervous to invest it's set up with my bank
2024-05-16 13:08:00
0
muzamilofkrypton
muzamilofkrypton :
when you take rhe money out of the tfsa, do you pay taxes on it
2024-05-15 01:39:01
0
ljoyrides
LJoyrides :
So well explained 👏👏👏👏👏
2024-05-08 02:58:58
0
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