How to Get Compounding Growth out of my Investments? How to Increase Dividends Exponentially? How to make my Stocks Grow on Autopilot?
The BEST way to grow your investments is using a DRIP: a Dividend Re-Investment Plan. I'll be breaking down the basics of What is a DRIP and how using a DRIP is the key to generating MASSIVE wealth over your lifetime.
QUESTRADE REFERRAL 🇨🇦
If you’d like to sign up for Questrade: my favourite online broker, use my referral link to get $50 of COMMISSION-FREE Trade Rebates for the first 30 days!
That’s 10 free trades without any commission, $50 in savings! 👇
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DIVIDEND DRIP TRACKER EXCEL SHEET: 📊
I use this to track my DRIPs and my Dividends for all of my stocks and ETFs
Just click download and then you can enter your own numbers in the Excel file =)
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DRIP VERSUS CASH EXAMPLE EXCEL SHEET: 📈
Example I used to illustrate the enormous benefit of using a DRIP over 50 years
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QUESTRADE DRIP REQUEST FORM:
How to setup a DRIP with Questrade
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BLOSSOM SOCIAL 🌸🇨🇦
Follow me on Blossom to see my Portfolio & Trades for FREE 👇
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Watch my BLOSSOM ANNOUNCEMENT video for details 👇
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LOYALTY MEMBERSHIP ✨
Click the JOIN button or the link below to gain access to my exclusive content! 👇
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SKIP AHEAD: ⏩
-Intro: 0:00
-What is a DRIP? 0:27
-DRIP Example - RioCan: 0:57
-Benefits of DRIP - 10 Years Later: 4:11
-Benefits of DRIP - 50 Years Later: 5:35
-Manually Reinvesting vs DRIP: 7:30
-How to Setup a DRIP? 8:51
-DRIP With Questrade: 9:17
-Upload Form to Questrade: 10:40
-Calculate Amount Required for a DRIP: 11:07
-DRIP Tracker Excel Walkthrough: 13:09
-DRIP When TFSA or RRSP Maxed Out: 15:47
WATCH NEXT: ▶️
-Dividends Explained for Beginners - [ Ссылка ]
-Top 3 Dividend Stocks in Canada - [ Ссылка ]
-Best Canadian Dividend ETFs - [ Ссылка ]
-How to Buy Stocks on Questrade - [ Ссылка ]
-How Taxes Work in Canada - [ Ссылка ]
-TFSA Explained Investing Tax Free - [ Ссылка ]
-Top 5 Best Cash Back Credit Cards - [ Ссылка ]
-How to Buy US Stocks on Questrade - [ Ссылка ]
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Be sure to subscribe to my channel for more videos on investing, personal finance and money saving strategies. I’ll be posting a video every week =)
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FINANCIAL EDUCATION BOOKS: 📚
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-How to Adult Money Canada Version - [ Ссылка ]
-Beat the Bank: Canadian Guide - [ Ссылка ]
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-101 Tax Secrets for Canadians - [ Ссылка ]
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DISCLAIMER: I am NOT your financial advisor! My videos and the topics discussed are my opinions and are presented for entertainment purposes only. This information should not be construed as legal or financial advice. It is always up to YOU to do your own due diligence. It’s YOUR money so make YOUR own decisions!
I will NEVER ask you to send me money nor will I ever provide my phone number or personal email address. If you see this, that is a fake account and please report any suspicious activity or scam accounts claiming to be me.
DISCLAIMER: Links included in this description may contain affiliate links.
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If you sign up using my affiliate link, I will receive a small referral bonus at no extra cost to you!
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#StockMarketInvesting #Dividends #DRIP #CanadianFinance #CanadianInvesting #Compounding #Investing #PassiveIncome
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