Many investors have heard about the “buy low and sell high” investment strategy. Theoretically, it makes sense in investment, but it is easier said than done. Not only is it difficult to execute, it’s also difficult to time the market especially when it is so volatile. Some end up pressing the panic button and end …
As many of us know, capital gains tax has a tremendous impact on investment. Tax Free Savings Account (TFSA) is one investment option that allows Canadians to earn tax free investment income to meet lifetime saving needs. However, all registered investment options have their rules and regulations. One of the rules of a TFSA is …
Although it has been already 6 years since the Tax Free Savings Account has been introduced as a registered savings account, many Canadians are still confused about how to use it to its full potential. This article sums up all the benefits and clears a lot of doubts and confusion as to what a TFSA …