The Ultimate Canadian Investment Guide For 2023

In this video we'll go through the best ways to invest in Canada in 2023. We'll look at specific accounts you should be using, as well as investment types that you may want to include in your portfolio. We'll also have on Chris Richard from BCV asset management to discuss alternative assets, which is becoming more accessible to the common investor.

Financial Resources I personally recommend:

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OUTLINE
0:00 - Intro
0:28 - RRSP
1:24 - TFSA
2:15 - Non-Registered Account
3:13 - RESP
4:33 - RDSP
6:03 - Investment Accounts vs. Types
6:40 - Stocks
7:35 - Mutual Funds
9:45 - ETF
11:18 - Real Estate
11:54 - Bonds
13:25 - Alternative Assets

This presentation is intended for information purposes only and does not constitute an offer to buy or sell our products or services nor is it intended as investment and/or financial advice on any subject matter. Every effort has been made to ensure the accuracy of its contents. Certain of the statements made may contain forward-looking statements, which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Returns are not guaranteed and past performance may not be repeated.
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DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.

#recession

[ParkerRoyce-nipw]

I’m down $137k this year, scared my bank or brokerage will fail. Savings are dwindling due to high prices and debt.

[kimmykero]

Bringing on guests with different specialties and technical knowledge (on different products) to contribute on the channel really does add great value to your viewers and says plenty about your honesty and integrity! Thanks Adam!

[KarinaMilan]

Mark what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market", I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.

[robertyoung]

Damn I think you have one of the best finance channels for Canada! Your videos are well structured and everything is explained so clearly!

[Ghoster]

Can you cover canadian espp accounts? I work for CP rail and we get up to 6% matched contributions but im wondering if its more efficient to withdraw stocks every couple of years to invest in better returning stocks but im gonna be hit with a ton of weird capitol gain taxes

[MikeJones-vbme]

If you want to be a millionaire in Canada, start with a billion.

[NaviSharmaNav]

Excellent insights, especially for those who are new to investment world and wants to start. Thanks

[kmitcher]

Hi Adam, first off, really appreciate you taking the time to publish your videos as my partner and I have found them extremely valuable. We are always excited when a new vid drops. There is always something valuable I pick up when viewing. We are following your advice and feel we are in good shape however we are 7 years out till retirement so most definitely will be setting up a plan with you in a couple of years. Thx again sir!

[rbenjamin]

Thank you, Adam, for your videos - you are so clear in your explanations, which is truly appreciated! Very helpful for someone who is pretty much financially illiterate. I am learning. Will try to get my 2 young adult children to watch your videos, as well.

[simosof]

Your channel is an inspiration to me! Keep sharing your interesting and useful posts."

[valveman]

TFSA is a gift... Yet I know so many people who have not opened one.
TFSA-Tax Free Savings Account should be renamed to Tax-Free Investment Account.
Leaving your TFSA as a savings account is ok, but investing can make you large gains, including dividends.

[julesvern-ue]

Something I never see these channels mention are the difference between putting US stocks in RSP compared to TFSA.. mainly the fact that its only stocks that pay dividends that are subject to US withholding tax.. stocks that dont, are not. This is a VERY big deal yet I almost never see it talked about.

[trevorgwelch]

Do we have Index Funds in Canada . ? Warren Buffett recommends these funds in the US .

[julesvern-ue]

People freak out when I tell them this but I am all in on Tesla. Every spare dime I have I put only in TSLA and keep them in my RSP and TFSA. I understand the risk... this could bite me in a very very bad way but I'm still doing it. If things go the way I believe they will with tesla I will be a multi-millionaire in 10 years.... if things dont go as planned I will lose a load of money and all I will have is my pension.

[willkeen]

You explained all the investment type so well! I didn’t realize there were so many different types of ETFs available now even tracking vegan lifestyles. Now I feel old lol 👏👏

[ricko-ps]

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

[LiveLifeLori]

Wait - which ETF tracks the vegan food companies??? I need to get on this! Thanks!

[brucerobinson]

Great videos generally but this one didn't work for me. The alternative investing portion felt like a information lite sales pitch. My guess is with high fees too

[alanmathewcheriyan]

Is it advisable to utilize a Tax-Free Savings Account (TFSA) for engaging in option trading?

[pwong]

14 million Canadians have TFSA accounts and 10% of this population have maxed out their TFSA contribution. 65.5% Canadians have RRSP but don't know how many have maxed out with RRSP contribution.