So I just found out about this earlier this week.
I'm going to be 45 this year so it's time to start planning for my retirement for when I get my old age pension at 65, before that today there are things you can do to invest in your retirement savings plan.
The Federal Government is asking you to use your welfare and disability cheque by supporting them on the Toronto Stock Market by using their Bank Services Programs listed on the Toronto Stock Exchange so they can use this money to raise more funds.
What they are asking is that the Federal Government can see you in their new programs if you invest in the stock market using you disability or welfare benefits.
Once you do that you qualify to apply for the Disability Tax Credit.
So this stage is the approval process.
First apply for their corporate banking savings programs using your bank account, to get a cheap listing of RRSP, Bonds and Disability Savings Programs.
That qualifies you at the welfare office for extra money - when it becomes available.
THEN
They have extra programs at the Federal Government for returns off your welfare cheque if you also have a stock market portfolio.
This is why Penny Stocks are huge and unstable on the Wall Street and Toronto stock markets right now, all these companies are all fighting for a spot to release new apps in the Ford vehicles that have switched to a Spotify like dashboard.
This allows you on your welfare cheque to earn extra benefit credits from the Federal Government off your welfare cheques.
That is what I will be walking through on this blog.
What you need to find is a good Penny Stocks Trading Page, I started here:
Then you take a small amount of money like $20 to play Penny Stocks on Wall Street and Toronto through their web interface.
Then you watch on the stock market to see if your stocks are going up or down or not.
That doesn't matter, the welfare worker doesn't care what happens with your Penny Stock Money, they just need the slip from your using their service.
They use that to start processing your covid relief benefits like the Disability Tax Credit through the Stock Market.
Having these things on your file automatically qualifies you for Federal Government handouts through the welfare and disability office.
The penny stocks page is just like a little gambling page, like a game on the internet they allow you to play to get your name on the federal tax file at the welfare office to qualify you for future relief benefits.
That's to go with your RRSP, Savings Bonds and Disability Savings Plan that you will recieve back when you turn 65 as extra benefits on your old age pension.
When I find a decent Penny Stock Investment Page I will post the instructions on this blog, that is where I am right now.
In the meantime to get setup you need to add this to your file at the Community Services Office for your welfare and disability cheque, and to start generating interest at the Bank and Federal Government for a higher Federal Payout when you turn 65.
You need:
WELFARE OR DISABILITY STUB
They are asking you to add to your file the following section at the welfare office and bank to connect you to the new Federal Corporate Banking Programs, that's for your savings off your welfare or disability cheque and higher rates for your old age pension at 65.
Then add this section to your file at the welfare office:
BANK INVESTMENTS:
RRSP: $0.000001
Mutual Fund: $0.000001
Disability Savings Plan: $0.0000001
STOCK INVESTMENTS:
Penny Stocks
Stock 1: $0.00001
Stock 2: $0.00001
Stock 3: $0.00001
Use a small amount off your cheque to buy the bank and stock investments and then give that stub to your worker for her to complete your casefile.
The $0.00001 only represents the initial deposit to get started investing your welfare or disability cheque at the bank and stock market which will be managed by your case worker.
After that they will tell you what you qualify for during the approval process.
This frees you up to buy and sell penny stocks on the internet to keep the file open at Community Services which will be managed by your case worker to qualify you for the Federal Programs like the $300 One Time Disability Tax Credit Handout
Just remember to use the $20 every month to keep your file open so your worker can qualify you for extra Federal Benefit Handouts when they become available under the covid emergency relief federal financial handout at the Community Services Office.
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