Pt. 2: How To Buy Stocks and ETFs on Questrade with Scarlett Swain, Director of investment products

Part 2 of 2 [0:00 - 1:36] Intro [1:37 - 4:10] What is a stock? What is an ETF? [4:11 - 4:51] How much is an ETF? What is MER? [4:52 - 5:49] What is a mutual fund? [5:50 - 6:15] What are underlying holdings? [6:16 - 7:00] What is a portfolio? [7:01 - 8:51] What is a globally diversified portfolio? What is asset allocation? [8:52 - 9:55] What stocks or ETFs should I buy? [9:56 - 11:15] How much money should I be investing? What percentage of my income should I be investing? [11:16 - 11:57] Active investing vs. passive investing [11:58 - 12:49] What is passive investing? [12:50 - 13:39] What is couch potato investing? Model portfolios [13:40 - 15:29] How do I buy VGRO? [15:30 - 16:29] What is a stock symbol? [16:30 - 16:44] Who is Vanguard? [16:45 - 18:12] Understanding the key statistics, words, and charts on any stock or ETF [18:13 - 19:26] Limit order vs market order [19:27 - 20:19] Buying in Canadian or American stocks and the price differences [20:20 - 21:26] Why is my stock price an estimate? What is a snap quote? [21:27 - 21:59] Tyler buys his first ETF (VGRO) [22:00 - 22:44] What are ECN fees? [22:45 - 22:49] Tyler has a portfolio [22:50 - 24:31] Timing the market vs. time in the market (investing vs. active trading) [24:32 - 26:07] Lump sum investing vs. dollar-cost averaging [26:08 - 26:55] Tyler buys VXC [26: 56 - 29:19] Do you believe an ETF will come back if it's down? Risk assessment when buying ETFs [29:20 - 29:44] Tyler buys VCN [29:45 - 30:18] Should I have more equities and stocks when I'm younger and more bonds when I'm older? [30:19 - 31:09] Tyler buys VAB to complete the Vanguard couch potato portfolio [31:10 - 32:49] What is a dividend stock? [32:50 - 33:14] Tyler buys Sunlife stock [33:15 - 34:49] How are dividends paid out? What is DRIP? [34:50 - 36:59] Tyler buys Apple stock and discusses why you should invest in certain stocks. Apple is in USD - what you need to know. Commission fees. [37:00 - 38:32] Investing is not a video game, it's your money. But it's easy. Don't feel intimidated. [38:33 - 38:54] Tyler buys Enbridge [38:55 - 39:44] How stocks are sorted on Questrade and why you should research before you buy [39:45 - 40:59] Identifying meme stocks and how to manage your way around or through them. [41:00 - 42:03] Tyler and Scarlett look at GME as a stock. Identifying a risky stock. [42:04 - 43:36] Looking at Google stock. What is a stock split? [43:37 - 44:27] What to do after you invested? [44:28 - 53:29] RAPID FIRE QUESTIONS What's in your wallet? What's a book everyone should read? What was your first job and what did you learn from it? What is a commonly held belief about your industry or space that you passionately disagree with? If you had one tweet that everyone in the world would read, what would it say? What’s your number (to walk away from it all and live financially independent, never worry about money again?) What do you want to be known for when you die? [53:30 - 54:15] Outro

You can listen to Pt. 2: How To Buy Stocks and ETFs on Questrade with Scarlett Swain, Director of investment products online on Radio and Podcast. Open the player on this page to stream the available audio.

Pt. 2: How To Buy Stocks and ETFs on Questrade with Scarlett Swain, Director of investment products is an episode from Real Money Talk - A fresh take on personal finance by Tyler Wade.

This episode is 54:21 long.

This episode was published on Sep 30, 2021.

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