I’ll show you how I grew my dividend income from investing passively in stock market through Wealthsimple robo-advisor tool. As I continued to fund my investment accounts namely, RRSP (Registered Retirement Savings Plan) and TFSA (Tax Free Savings Account), I grew my dividends earned each year from only $10 to almost $500. I am expecting to grow this dividend as I continue to apply financial discipline to fund my account on a daily basis.
I will share my Wealthsimple dashboard and will review Wealthsimple stock market investing portfolio of $36,000 in funds. Wealthsimple is all about Investing on autopilot: The simple way to grow your money like the world’s most sophisticated investors through low-cost diversified portfolios consisting of best exchange traded funds (ETFs) that are chosen based on your risk tolerance. Examples of these ETFs include: Vanguard Total Stock Market ETF (VTI), iShares Core MSCI EAFE ETF (IEFA), iShares MSCI Emerg Min Vol ETF (EEMV), iShares Core S&P/TSX Capped Composite Index ETF (XIC), iShares Edge MSCI Min Vol Global ETF (ACWV), Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS), BMO Long Federal Bond ETF (ZFL), Mackenzie Financial Corp (QTIP), iShares Core MSCI EAFE IMI Index ETF (XEF).
✅ Get $10,000 managed free for 12 months through the promo link below:
✅ Do you invest passively in stock market through Exchange Traded Funds (ETFs)? What are some of your stock picks you have invested in?
* Other videos you may like:
0 to six figure ($100,000 income) in under 5 years: Road to Financial Freedom: https://www.youtube.com/watch?v=Wr0a3_Cj6W4
Investing For Beginners: What is Stock Market and how to get started?: https://www.youtube.com/watch?v=XEtoFnQx7f8
$35,000 Investment Portfolio (Index Fund Investing Performance with Wealthsimple): https://www.youtube.com/watch?v=Wlt1nCAk0p4
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