TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon May 29, 2024 5:05pm
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RE:RE:RE:Pierre, you will probably pay way way more tax.....
RE:RE:RE:Pierre, you will probably pay way way more tax.....
"$95,000 is all you got in your TFSA????!!!!!!!"
Clearly you only want to fight.
I did not state that our TFSA only had $95,000 in them. I only stated that we do not use our TFSAs to include investments that pay eligible dividends - due to the annual limit on TFSA contributions.
If the laws allowed unlimited amounts to be sheltered from tax all Canadians would jump on that but that is not the case. We all have to make choices.
If you choose to shelter your preferred shares in TFSA and keep your other investments in a taxable account, that is your choice. Not wise in my opinion but you do whatever you want with your money.