cole

If you invest $100 a week for 20 years, it will have amounted to $196,000. (Assuming market returns of 7%) Saving that money would only get you $96,000, behold the power of compound interest.

Historically, the stock market collapses after the first Fed rate cut. The market is predicting the first rate cut will be happening in the middle of 2024.

3 Tax-Free Savings Account (TFSA) Mistakes you might be making❌ 1. Exceeding the $6,500 annual contribution limit⚠️ 2. Not investing. Over 40% of Canadians hold only cash in their TFSA🤔 3. Withdrawing for a new TFSA. You lose contribution room until the following year📆

Over a year later and they still can’t believe it happened 😂 #reversesweep

@noahzeppaa @NOJHL 🤔

@TheAIManifesto_ Ai

Do you want the option to retire when you’re older? Then you need to invest. You don’t want to be forced to work in your later years of life because you can’t afford the cost of living.

If you don’t invest and make an average income, you will have to work past 65 👴

Being opened-minded is key on your journey to financial freedom 💵📈

@retirewithryne For stable, consistent, and high-paying dividends, it would be pretty difficult not too consider large financial institutions. IMO I would choose either $TD or $CIBC. *Fun fact $CIBC hasn’t missed a dividend payment since 1868🤯

If you HAD TO buy only one dividend stock for the rest of 2023, which one would you buy? 🤔 …and you can’t pick SCHD

I’m at the point where investing my money brings just as much excitement as spending it🤣

@InvestorStodgy @buyingincome My friend, that is why Granite REIT is my favourite. International economies are expanding, the industrial will organically grow with it📈 IMO office real estate is questionable with remote work. And the housing market with these rates at 5%+ rates is fragile😳

@ColeDel1 @buyingincome I knew that's what you meant to say. Real estate is a bit tricky right now. Housing is overpriced, office and retail properties have challenges, but warehouses and industrial properties look relatively strong.

Canada’s Monthly Dividend Paying REITs: Granite$GRT.UN 3.89% RioCan REIT $REI.UN 5.09% SmartCentres $SRU.UN 7.16% Allied Properties $AP.UN 7.52% Dream Industrial $DIR.UN 4.92% Canadian Apartment Properties $CAR.UN 3.12% NorthWest Healthcare Properties $NWH.UN 9.56% Any Others?

@DividendKingTSX By 12 months he’s gonna be skating, right?

Quick trip to the mall, mostly just so my son can practice walking around lol Blows my mind, 10 months old and walking around. Growing up wayyyyy to fast.

@InvestorStodgy @buyingincome I was saying that REIT’s in general are a great way to have get exposure to any type of real estate. Without physically having to own a any. Sorry for the confusion.

@ColeDel1 @buyingincome I just want to clarify that Granite REIT owns warehouses and industrial properties in several countries. They are exposed to industrial RE, not the housing market.

Invest $500/month for 35 years in an ETF💵 That $210,000 of your money will make you a MILLIONAIRE💰 Just a reminder of the power of compound interest📈

@NewcomerInvest Hard to compare any of these banks to EQB given the market cap difference. I think EQB is rapidly growing, and a great investment opportunity. Although, higher risk.

What is THE BEST 🇨🇦 Bank? and why? $TF $NA $RY $EQB

Bitcoin $BTC is up 24% in the last month 👀 The worry around banking and currency stability may have played a factor. Who here is invested in crypto?🧐

Who would be willing to purchase an online course on how to start investing like a pro? If yes, how much would you be willing to pay?

Google $GOOG 💻 Share price: $109.46 USD💵 Market Cap: $1.4 Trillion👀 P/E Ratio: 23.3 Price to FCF: 23.2 1YR Growth: -14%📉 5YR Growth: 113%📈 Do you own any GOOGLE stock?🤔 Why or why not?😳

@DividendKingTSX Wooooooo! I made the cut😂

Thanks for everyone kicking it with me. If you’re new each Friday I like to take a second to share my appreciation with everyone who’s hanging out with me on Twitter. I appreciate you all.

@reeseharpercfp I am neutral on this topic, I would say it depends on your current situation. You are correct, having an emergency fund is very important. However, if you have credit card debt accumulating at 22% interest. IMO that should be a priority.

My General Advice: Don’t pay off ANY debt until you have 1 year worth of personal spending saved up. Advisors: Why or why not? #fintech #fintwit #financialadvisor