TFSA vs Non-Registered Accounts
Experts have long recommended that investors set up their portfolios to be as tax efficient as possible by utilizing both registered and non-registered accounts.
By being strategic with TFSA and Non-registered Accounts you can build a portfolio that optimizes growth and minimizes your tax liability. This is referred to as portfolio allocation and is meant to view all your investment options, types of accounts, and the tax consequences for your returns.
Investors were ideally supposed to place interest paying inve…
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