[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 8 KB, 205x246, i.png [View same] [iqdb] [saucenao] [google]
24974177 No.24974177 [Reply] [Original]

I don't wanna wageslave my whole life. I have 25K canadabucks sitting in a savings account. I'm thinking of opening a TFSA.

Please give investment advice. I can live pretty frugal.

>> No.24974192

Can you trade american stocks/options?
If so VALE, UUUU, and CLF calls are your friends. Just go to /smg/

>> No.24974197

start a business. its the only way really. unless you hit the lottery with a shitcoin/memestock.

>> No.24974226

>>24974197
>start a business
Get shut down by the Coof Police.

>>24974177
Listen, Leaf, buy weed stocks. They will be hot in 2021.

>> No.24974228

>>24974177
learn couch potato method if lazy

>> No.24974245

>>24974177
all in on ETH until march then trade it into BTC. enjoy your half a million 2021 EOY

>> No.24974297

>>24974228
explain what this method is

>> No.24974337

>>24974177
Also Canadian, don't start a TFSA, at least not with all your money. Put like a grand or 2 in it, and think of it as an emergency fund, since you aren't going to get any real gains from it and the tax benefits are negligible.

Pay attention to btc and eth and when one dips, buy it (whichever dips first, you'll know it when you see it).
Silver is heavily undervalued, and been silently pumping for a while now.
Look into government grants/loans for small businesses (there's a lot of them here in Canada). You might as well take advantage of it now, since I don't have a lot of faith in our currency anymore, and don't think it will matter in 5 years how much debt you have.

I'm pretty drunk, but trying to make as much sense as possible. Buy btc/eth when it retraces, buy PM's especially silver, don't trust our government

>> No.24974358

>>24974337
what..you can invest with a tfsa, tax free capital against are incredibly based

>> No.24974389
File: 133 KB, 600x750, 1608311977315.jpg [View same] [iqdb] [saucenao] [google]
24974389

buy mahaDAO

>> No.24974419

>>24974337
please stop giving advice..TFSA are completely TAX FREE. You have capital gains you keep all of it. And you can invest in anything you want. TFSA should be maxed out 100%.

>> No.24974475

>>24974337
you are limited to putting like 6K a year in a TFSA...

>> No.24974520

>>24974475
the cap on it increases every year I'm pretty sure if you opened one right now you could go and dump like 70k into it

>> No.24974675

>>24974192
What are calls?

>> No.24974702

>>24974520
Yeah. Assuming he was 18 when the tories implemented it, he'd have much more than 6k contribution room. Thank you based Harper.

>> No.24974766

>>24974475
Brainlet

>> No.24974786

>>24974520
You can

>> No.24974805

>>24974226
>Listen, Leaf, buy weed stocks. They will be hot in 2021.
anything i can buy on robinhood right now? ready to throw 15k at some meme stock

>> No.24974963
File: 526 KB, 762x1025, 219209908290.png [View same] [iqdb] [saucenao] [google]
24974963

>>24974177
Put it into Bonded Finance. $2M cap here. 80% oversold. January will be huge. 10x minimum.

>> No.24975276

>>24974177

You're just in time for the commodity bull market, fren. Prepare for stagflation.