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PeanutButter · 03-11-2020, 11:39 PM

TFSA is not recognized as a tax sheltered account in the USA. You will still get taxed 15% withholding tax from the USA.

I hope everyone invests monthly. If so, you should be buying monthly regardless. Say you buy $500 a month. Keep doing that, that shouldn't change. The only thing that should change is if you have more cash lying around, consider putting $700 or $800 this month.

Don't go crazy, this market is going to be volatile, but these are better deals than before, just expect the market to continue to go down. We've been on a 12 year bull run, there's a higher probability the market will go down. Just keep investing like you normally would, but if you have some free cash around, put it in.

If you're thinking you can make a quick flip, you're a market timer, and that rarely goes well. Unless you have that apetite, don't do it. Just put a little more away and keep doing your daily routine.

I'm waiting for Dollarama to drop below $35, i've been waiting for that for awhile. Hoping to finally get into it.

03-11-2020, 11:39 PM	#10219
PeanutButter I contribute to threads in the offtopic forum Join Date: Jun 2013 Location: Burnaby Posts: 2,626 Thanked 3,085 Times in 838 Posts Failed 412 Times in 112 Posts	TFSA is not recognized as a tax sheltered account in the USA. You will still get taxed 15% withholding tax from the USA. I hope everyone invests monthly. If so, you should be buying monthly regardless. Say you buy $500 a month. Keep doing that, that shouldn't change. The only thing that should change is if you have more cash lying around, consider putting $700 or $800 this month. Don't go crazy, this market is going to be volatile, but these are better deals than before, just expect the market to continue to go down. We've been on a 12 year bull run, there's a higher probability the market will go down. Just keep investing like you normally would, but if you have some free cash around, put it in. If you're thinking you can make a quick flip, you're a market timer, and that rarely goes well. Unless you have that apetite, don't do it. Just put a little more away and keep doing your daily routine. I'm waiting for Dollarama to drop below $35, i've been waiting for that for awhile. Hoping to finally get into it.