If you prefer to see the exact purchase math with whole units: 3,248 units would cost $49,986.72 at $15.39 and pay $324.80 per month, or $3,897.60 per year, deposited tax-free inside your TFSA.
Many beginners make the mistake of investing their hard-earned Tax-Free Savings Account (TFSA) in stocks that promise fast gains but fail to provide reliable returns in the long run. To realize the ...
Using the TFSA (Tax-Free Saving Account) is a great way to maximize your portfolio returns over time. The TFSA protects you from tax. By not paying tax on your income, you can improve your annual ...