Question for the better informed...Just hoping to get some feedback from those that may have better knowledge than myself.
I am considering opening up a TFSA account (as I have never done so) and was then hoping to transfer some shares from my regular trading account into it. With the SP being as low as it is right now I thought I would be able to move quite a few shares over this way.
Havent decided whether to open both a registered and non-registered TFSA (is that correct?)
Also since I have never had a TFSA before what would my limit be to transfer dollar value wise??
Also would I be able to transfer more in again in the beginning of next year if the price is still low?
I would be most appreciative of any input that some of the more well versed on this board may be able to provide.
Please inbox me if you could with some advice.
Thanks to all in advance
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