RE:RE:RE:RE:Keeping the TF in TFSA.... Here's how ps. The only bad thing in TFSA is that you have limits in how much you can contribute inside and when you pull your money you loss contribution room (you have to wait the next year to regain it). But you can pull your millions tax free!
so it means:
you can put money in your TFSA but has limits.
ex. You have a limit of 70k(money you can put inside TFSA)
you can pull any x amount of money and loss contribution (70k) and regain it the next year.
RealistDontalkm wrote:
you don't get tax if it explode in your TFSA. It's free money and tax free.. rrsp and non-register you do, because in rrsp any money you put in there is consider income and any gains get tax too. Hope this is helpful.
Awesome1 wrote: Let's say I wait 5 years and PYR explodes and I have millions. Do I get taxed when I sell?