RE:RE:RE:Watch for the afternoon rally 100% correct. If you are very active trader in TFSA but don't do great they will leave you alone. But if you hit some real home runs and are also an active trader then they can say your are running a business and take the tax shelter away from you. Which I think is bs but always hard to fight the tax man.
88guy88 wrote: The TFSA for sure is a great way to invest....just wish they had it when I was 25.....be carefull though with your investment style in TFSA......if you buy one or two stocks a year and let them run then you are ok....but if you are a day trader or very active trader and hit a couple of big wins.....the CRA will be taxing you on your TFSA because it was not used for investment purpose but for speculation and that is considered like a business........good luck!