Brookfield Office Properties Inc T.BPO.P.G

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Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

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Brookfield Office Properties Inc > Common Sense would tell you to Leverage your TFSA as much as

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Comment by pierrelebelon Apr 30, 2024 4:45pm

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Post# 36015862

RE:RE:Common Sense would tell you to Leverage your TFSA as much as

Unfortunately SONOFFERGUS you are wasting your time with someone who thinks it is "common sense" to have a margin account for a TFSA to add leverage to your investment, someone who does not believe in diversification.

Brokers and banks will NOT allow it because it is against the law.

TFSA is simple to understand. You make a yearly contribution (currently up to $7,000; was $6,500 last year and $6,000 the year before).
Anyone who has made maximum contributions since the beginning of the program (2009) would have contributed a maximum of $95,000.

Anyone who dreams of turning this into over a million is highly optimistic or very young.

As stated earlier TFSA are best used for otherwise taxable investments (GIC, bonds, some REITs, etc...) unless of course your funds are limited and TFSA is the only tool available.

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