TSX:EIT.PR.A - Post by User
Comment by
Gord_Albertaon Dec 18, 2020 1:34pm
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Post# 32141032
RE:RE:Dividends
RE:RE:Dividends My wife & I have the large majority of our TFSA's in eit.un; reinvesting monthly. The monthly tax-free income when we retire will be a nice bonus Presently hold more than $150,000 in my RRSP; growth is tax free - yet government will take its share when we withdraw.
Still need to plan the proper proportion to withdraw annually; to keep as much money in my pocket as possible. This is a good problem to have... ;-)
slst wrote: The funds long term performance is impressive. Great management of the portfolio with the discipline of High monthly distribution.
If you don't need the cash flow, simply automatically reinvest, no commission.
Averages out the buying price and the compounding effect is excellent.