Quote:
Originally Posted by corollagtSr5
TFSA is for gambling. You can turn it into 1.5m TFSA sell it all for dividend stocks and collect tax free dividends.
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I'd rather gamble with non-registered for the capital loss deduction benefit.
But yes, that's the goal. $1M in TFSA to live on dividends for the rest of time. ~ 70k in dividend yield/yr would be the goal
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