TFSA
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Stock Portfolio Reflection
In Line at Tim Horton’s Today I was in line at Tim Horton’s with a friend of mine. I was catching up with him after awhile. I asked him how his stock portfolio was doing and he showed me. His portfolio was up nearly 20 percent. His holdings were simple: VFV (Vanguard’s Canadian dollar version…
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Canada’s Tax Free Savings Account (TFSA) Explained
History The TFSA was implemented in January 2009 by the Stephen Harper-led government. Its purpose was to help Canadians better meet their savings goals by allowing them to put money into eligible investment vehicles and watch their savings grow tax-free. One of the big banks in Canada did a study in late 2021 and concluded…
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