Today’s topic:Does investing frequently actually increase your taxes? Does it mean you will need to work harder to pay for additional taxes that you incur? How much harder do you need to work when it comes to investing to pay for the taxes? In this series, you will learn how to calculate capital gain tax, how much tax

Today’s blog will cover five creative ideas I have thought of that can become funding sources for universal basic income. I have created this blog to help busy full-time professionals master investing and get high returns long-term. My goal is to help you save thousands, or tens, or hundreds of thousands from investing. UBI RECEIVERS FUND THEMSELVESThe first

WHAT IS UBI AND HOW WILL IT AFFECT THE WORLD?In recent events, the term “Universal Basic Income” has become a very popular topic especially during the 2020 US Presidential Election. Someone even attempted to run in the US Presidential Election suggesting that Universal Basic Income would be one of his key policies. This sparked my curiosity

STOCKS ARE PART OF A BUSINESS“We always look at stocks as being part of a business. I mean, stocks are a small part of a business.”What does this mean? When you look at the bigger picture of investing in Warren Buffett’s viewpoint, stocks are like owning part of a house or a car, and is not

Today’s blog will be for Canadian investors. I am going to show you why being a day-trader pays $41,000 more in taxes and what you can do about it. When it comes to day trading, there’s a certain technique to it, and I am very excited to show you. You are able to take profits within

DIVIDEND VS. GROWTH INVESTOR – WHO PAYS MORE TAXES? So here’s the big question – Is it the Dividend Investor that focuses on getting a regular monthly – quarterly income? Or is it the Capital Gain Investor who focuses on momentum and hype stocks?The answer to this question will impact how you plan for your

Welcome back everyone, here is an update on my journey for buying a Tesla Model 3 with only investment gains.Below I have documented my experience with my investments and two recent exits. ALTERYX My first investment is Alteryx. Today is November 4th, Day 3 after entering Alteryx  – I usually do not look at my positions on a

Welcome back to my Investing journey series. Today’s topic will be about 2 of my recent successful exits:The first stock is CAE which I discussed in one of my last blog posts in which I exited but kept remaining positions for greater profits in the future. The second position is Ulta Beauty, a Sephora competitor. Let’s get

Today, we’re going to dive into capital gain taxes in the US. When you’re investing, it is crucial to know how much capital gain taxes you need to pay and whether it is worth it or not. We will be going through short-term capital gains, long-term capital gains, and a few different scenarios based on the

As I promised earlier, here is an update of my investments and profits. I am so excited to announce that earlier this week, I exited 3 of my positions within my portfolio with a total profit of $73,000. Today we’re going to dive deep into what kind of trades I made, which stock I invested in,

In this blog post, I am going to show you how I am going to buy a Tesla with my return on investments. I will show you:The exact Tesla model that I desireHow to calculate the amount of capital needed to be set asideThe number of investments required for this returnThe amount of gain required

Capital gain taxes in Canada can be confusing.Typically, you are taught that capital gain tax is around 25%, but what does that mean?Does your capital gain tax change if you make a high income instead of a low income?If you can choose between invest and get capital gain versus work and get employment income, which

In this video, I will walk you through one of the more complex valuation approaches when it comes to investing – Discounted cashflow.You have probably heard of discounted cashflow but you are not what it is and how it works.If so, then this video is made for you. We will be going through what it

In this video, we’re going to talk about three tips to save you money on capital gain tax. These three tips will range from easy, medium and hard. Implementing one of these tips will save you thousands of dollars.This quote from JF Kennedy sounds quite complicated, so let me break it down for you. The higher the

In this video 2 TIPS to Retire Faster: achieve escape velocity in the rat race. You will learn about concepts to target your retirement balance and how much buffer do you need in order to live a comfortable life.Grab the free tool “Retirement Planning and Return Calculator” Eric here. Where should I send it?Subscribe and send