Video Description

Are you new to investing or wondered how investments are taxed in Canada? A quick guide on the top 5 things you should know about investment taxes 💡RESOURCES: 00:00 Start Here 00:38 Will I get taxed if I just hold an investment & don’t sell it? 02:00 Will I get taxed if I sold an investment at a gain but did’t withdraw any cash from the account? 05:08 How much taxes will I pay? 09:35 What happens if I sell my investment at a loss? 11:17 What do I need to report on my tax return? 📺 VIDEOS OF INTEREST: Hidden Ways to Reduce Taxes (including how RESP is taxed): https://youtu.be/Up--Fu5YZgc&list=UULP73zp8DGoipfv9AWVhmralQ&ab_channel=TwainRyanLee When to withdraw RRSP to minimize taxes - by Jacky kuk: https://youtu.be/sr3G4aM5vfI?si=urup2AVbXwk7jngj&list=PLFQ_fpVVi-5GSuVv9_yEv3usRlIZvYt_d&ab_channel=TwainRyanLee 👉🏻👈🏻 KEEP IN TOUCH: 🌍 Website - https://www.twainfinancial.ca 📸 Instagram - https://instagram.com/twain.ryan.lee DISCLAIMERS & DISCLOSURES This content is for educational and informational purposes only. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and should not be taken as financial advice. Please consult with a financial advisor before making any financial decision to make sure it's suitable for your specific situation and aligning with your goals!