Also note in Gov and rating agencies' eyes... personal debt ratio is a societal aggregate.. TFSA might only benefit higher income Canadians.. but it provides enough incentive for the aggregate personal debt to decrease to a saner level.. Yes, there are side effects, but for its primary purpose (ie to make our personal debt level looks less tragic), I think it is pretty effective.
Quote:
Originally Posted by Jmac
I made 1.2% on my TFSA last month alone. Hoping to close the year with a 10% return.
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