► Get $50 Free with Questrade: https://bit.ly/3e4Zyw7 ►►Get your Free Ultimate Dividend Guide to Passive Income and Investment Plan here: https://bit.ly/2SdwuvZ ► $4500 Worth of FREE STOCK & commission free WealthSimple: https://bit.ly/2yWRX2w ► Waiting List for Next Cohort: Accelerate Financial Freedom using Stocks & Options: https://bit.ly/3dnQjZC ► Build Wealth using Real Estate: https://bit.ly/3cihBgL WATCH NEXT: ○ How to Buy multiple rental properties in Canada: https://bit.ly/3b0QmIu ○ Revealing My Stock Portfolio: • Revealing my Entire Stock Portfolio 2021 (... ► $4500 Worth of FREE STOCK & commission free WealthSimple: https://bit.ly ► Get $50 Free with Questrade: https://bit.ly/3e4Zyw7 ► Waiting List for Next Cohort: Accelerate Financial Freedom using Stocks & Options: https://bit.ly/3dnQjZC ► Build Wealth using Real Estate: https://bit.ly/3cihBgL 00:00 - Intro 01:10- Covered Call Explained and Strategy 05:50- Collecting Covered Call Income Tax Free 06:45 - Biggest Downside of Covered Calls 08:20 - Brokerage Accounts for Covered Calls in Canada 09:25 - Tactics of Opening a Covered Call Contract WATCH NEXT: ○ How to Buy multiple rental properties in Canada: https://bit.ly/3b0QmIu ○ Revealing My Stock Portfolio: • Revealing my Entire Stock Portfolio 2021 (... ○ Revealing My $96K+/year in Real Estate: • Real Estate Ottawa: How much money I made ... ○ 3 Dividend Stocks to Hold Forever (Taxfree): • 3 Dividend Stocks to Hold Forever (TAX FREE) DISCLAIMER: This video is for entertainment purposes ONLY. I am not a financial advisor. You (and only you) are responsible for the financial decisions that you make. ----------- About Tracy Ma, host of Financial Nirvana Mama: I help Canadian investors, business owners, professionals who are action takers go from self doubt to confident in building multiple streams of income & wealth so that they can ultimately live their BEST LIFE. I'm Canadian, former environmental engineer turned real estate & stock investor, featured in Huffington Post, Canadian Real Estate Wealth Magazine, AOL Finance and much more. But mainly I'm a wannabe dancer, fitness enthusiast and mother of twins. My 1st 'aha moment’ was when I killed my student loans after slaving away at 3 jobs, 70+ hr weeks, and BURNING OUT. I changed my life by investing in real estate & stocks while holding an engineering career, young family (twins) and life. At 35, I built a 7 figure++ legacy so I left engineering + gov't golden handcuffs to live life on my terms. I'm a super passionate investor living my best life and one of my goals in life is to PAY IT FORWARD by help as many People as I can GAIN time freedom using real estate, stocks & life hacks. ----------- DISCLAIMER: This video is for entertainment purposes ONLY. I am not a financial advisor. You (and only you) are responsible for the financial decisions that you make. #canadianinvestors #coveredcallstaxfree #canadianstocks