How to Buy Stocks in Canada with Wealthsimple Trade
In this video I buy some stocks, and then sell them right after using Wealthsimple Trade. Wealthsimple Trade is the easiest way to buy and sell stocks in Canada. Wealthsimple Trade has no trading fees and is the trading app / broker that I have been using personally to build my Canadian Dividend Stock portfolio. I started with $0 about 6 months ago and have been documenting the growth of my account, which is currently worth around $12,000. Wealthsimple Trade does charge 1.5% on all buys and sells of US stocks, but if you're like me and only buy Canadian stocks, then it's 100% free! If you already signed up for Wealthsimple Trade, you can still claim the $10 with this code: BL5OIW
How to Buy and Sell Stocks in Canada with Wealthsimple Trade
Get $10 free from Wealthsimple Trade when you make your first $100 trade. If you already signed up for Wealthsimple Trade, you can still claim the $10 with this code: BL5OIW
Just showing how easy it is to buy and sell stocks with the Wealthsimple Trade mobile app. If you are a new investor in Canada, then Wealthsimple Trade is a great way to start investing. It's a good choice for buying your first stock, as there are zero trading commissions. In this video I buy two US stocks, and then sell them too. There is no trading fee, but when you buy US stocks on Wealthsimple Trade, you do have to pay a 1.5% currency exchange fee on the buy AND the sell. If you watch my other videos, you'll see that my entire portfolio is made up of Canadian Dividend Stocks, which I paid zero trading fees, zero exchange fees, and zero taxes on 👌
Commission Free Stock Trading App in Canada
I saved $628.65 using Wealthsimple Trade in commissions compared to the next cheapest trading app. I saved $882.65 compared to the next cheapest option, and $1,268.73 compared to another option. If you spend less than $1,000 per trade (like most normal humans), then you should really consider Wealthsimple Trade for it's $0 trading fee. You can try Wealthsimple Trade with this link, and they’ll add $10 your account as a bonus once you trade $100. That's an immediate 10% ROI, and a lifetime of zero fees.. not bad! If you already signed up for Wealthsimple Trade, you can still claim the $10 with this code: BL5OIW
My Wealthsimple Trade Canadian Dividend Portfolio
In this video I walk through the 33 different positions that I have in my Wealthsimple Trade account. They are all Canadian Dividend Stocks that are listed on the TSX. I have a mixture of high yield dividend stocks and dividend growth stocks, but all are Canadian stocks. My stock portfolio is distributed across several sectors, and with 33 positions, I am trying to reduce my risk and exposure in a manageable way. If you want a quick overview of some Canadian Dividend Stocks, then sit back, relax, and take it all in! This portfolio is up 7% since I first started it in September 2020.
If you want to start buying dividend stocks, Wealthsimple Trade is a really easy and convenient way to start putting aside some money. You can even buy one stock at a time for just a few dollars. If you have $100 to invest, you can use the link above, and they’ll add $10 your account as a bonus. Immediate 10% ROI... not bad! If you already signed up for Wealthsimple Trade, you can still claim the $10 with this code: BL5OIW
I'm documenting the growth of a Canadian dividend investing portfolio and make videos about dividend investing, Canadian stocks, Wealthsimple Trade, Google Sheets, personal finance, and passive income.