How to Invest in the Stock Market in Canada (7 Rules for Beginners)

✅ WEALTHSIMPLE: Get a $25 sign-up bonus when you open an account with Wealthsimple using my code ZCZSZQ or link https://www.wealthsimple.com/invite/Z... To qualify for the bonus, use my link and fund your new account with at least $100 within 30 days (TnCs apply) ⌲ MAYA Mobile E-SIM: Get a 5% discount on your purchases using my affiliate link: https://mayamobile.pxf.io/5kZVJj ⌲ NORD VPN: https://nordvpn.sjv.io/Livingincanada Get 75% off + 3 months extra (TnCs apply!) ✅ Get your FREE Compounding Growth Chart by signing up to my Newsletter here: https://www.livingincanada.me/freecom... *Don't forget to check your promotions tab/spam! After you confirm your email, I'll send you the free chart, cheers! ✅ Other Financial Services I personally use (Affiliate links): ⌲ NDAX Cryptocurrency exchange: Get a $10 bonus when you sign up with my referral link: https://refer.ndax.io/Uv2D (TnCs and minimum funding apply!) (Affiliate link) ⌲ EQ Bank 2.75% Interest Savings account: https://click.linksynergy.com/fs-bin/... ⌲ SQUARE ONE Home insurance: Get a $20 account credit incentive, if you purchase home, condo, or tenant insurance through my link: https://www.squareone.ca/livingincana... ⌲ Scotiabank Momentum Visa Infinite (4% Cashback card) Get a $100 Cash Rebate by applying through my link: https://www.finlywealth.com/credit-ca... ⌲ CREDIT CARD Cash rebates: Find tons of other $ cash rebates for most credit cards here: https://www.finlywealth.com/credit-ca... ⌲ KRAKEN: To earn C$10 in BTC, deposit $100+ in CAD (fiat only, crypto deposits do not qualify!) and trade C$100, use my link: https://kraken.pxf.io/c/5767178/33004... ⌲ CHEXY to save money on your rent! Use this link to sign up and earn cashback on your next rent: https://app.chexy.co/?utm_source=livi... // AFFILIATE LINKS DISCLAIMER: Links included in this description may be affiliate links. If you click on one of them and make an eligible purchase, I may receive a small commission at no additional cost to you. Thinking about investing in stocks in Canada but not sure where to start? Before you buy your first stock, here are 7 things every Canadian beginner investor needs to understand first. In this video you'll learn: The difference between long-term investing and day trading (and why it matters for your wealth) Lump sum vs. dollar-cost averaging — which approach actually works for beginners Individual stocks vs. ETFs — how to think about the tradeoff How to assess your risk tolerance before putting any money in The real cost of investing and how fees quietly eat your returns How to choose the right platform for your situation Canadian stocks vs. foreign currency stocks — what you need to know before buying US-listed investments This video is not sponsored. Some links below are affiliate links — I only recommend tools I personally use and believe in. **DISCLAIMER: The content of this video is not financial advice. These are my opinions only. I am not a financial advisor and don't give financial advice. When I say I 'pick' or 'choose', I say that based on my personal goals and situation which may be different from yours. There are no guarantees, and investing always carries risk. Make sure you do your own research and consult a financial advisor as needed.** ***AFFILIATE DISCLAIMER: Some links are affiliate links: If you use them to sign up for a product/service, I may receive a commission at no additional cost to you. // Support my channel Hey, if you’ve enjoyed my content, you can Contribute a ’SUPER THANKS’ to this video Buy me a coffee here: buymeacoffee.com/livingincanada // My Book! Amazon CA: https://a.co/d/ge71w4n Amazon US: https://a.co/d/gL9ywUf // ABOUT Getting ahead financially in Canada while enjoying life