Bifalgorithm post

TFS or tax-free savings account is amazing for high growth investments. So if you get a good deal on a share like Tesla, for example, and you know that it might go 100% or 200%, then putting it through a TFS means all that growth is completely tax-free to you. You won't have to pay any taxes on it. foreign dividends because sometimes on foreign dividends like for example in the US they have 15% withholding tax which will be taken off right off the back. So if you're comparing dividend shares between Canada and US, Canada might actually be a better option.

TFS or tax-free savings account is amazing for high growth investments. So if you get a good deal on a share like Tesla, for example, and you know that it migh…

Ideas in this flowchart

TFS Account Benefits
High Growth Investments
Tax-Free Growth
Investment Example
Tesla Shares
Foreign Dividends
US Withholding Tax
Comparison Canada vs US
Canada as Better Option

Bifalgorithm

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TFS or tax-free savings account is amazing for high growth investments. So if you get a good deal on a share like Tesla, for example, and you know that it might go 100% or 200%, then putting it through a TFS means all that growth is completely tax-free to you. You won't have to pay any taxes on it. foreign dividends because sometimes on foreign dividends like for example in the US they have 15% withholding tax which will be taken off right off the back. So if you're comparing dividend shares between Canada and US, Canada might actually be a better option.

Camille Tremblay

10w

"TFS or tax-free savings account is amazing for high growth investments. S"

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