TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Apr 30, 2024 5:53pm
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Post# 36016007
Pierre, using your TFSA to hold GICs is one of the worst
Pierre, using your TFSA to hold GICs is one of the worstthings you could do with this account. My GOD... If you are going to take ANY RISK, the TFSA is the place to do it. In Fact, it's the place to take the most risk. You want to GROW that account as fast as you can.
Just flip it around what you are doing. Use your Cash account for "safe" investing, GICs. Use your TFSA for High Risk investing.
There are probably many people with over Million dollars in thier TFSA by now.
This is very old, back in 2015. Aready people hitting Million dollars in their TFSA.
The biggest TFSAs in Canada (moneysense.ca)