Post by
Jimthebull on Jan 06, 2022 3:26pm
TFSA Locked and Loaded
I know you are not supposed to put all your eggs in one basket but I'm hoping that BKM turns out to be our Faberge egg. Over the years I have bought this stock from under $1 to over $10 and anywhere in between.
Once you retire we still pay tax on our OAS, CPP, and work pension. I think once you hit 65 there should be no tax or at the least a very low flat rate.The TFSA actually gives us working stiffs a chance to get ahead.
For all you younger investors I encourage you to take as full advantage as you can of your TFSA.
Remember there are only two certainies in life, death and taxes!
Long and strong BKM