TSX:SOT.DB - Post by User
Comment by
flamingogoldon Jun 25, 2024 1:16pm
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RE:It’s unfortunate many of you used your
RE:It’s unfortunate many of you used your The TFSA is a double edged sword. You cannot use TSFA losses against any gains. At the same time, you do not get taxed on any TFSA gains. Plus, any amount withdrawn in any calendar year can be fully re-invested on Jan. 1 the following year + $7000 of new money. The TFSA is the best tax minimization tool available to Canadians but most use it for the wrong reason.
MARKOPOLIS wrote: Tax vehicles suck as Tfsa rsp to buy debentures common
You can't use losses on your gains and Trudeau new tax is a bummer