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Channel: My Pennies, My Thoughts » TFSA
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The Right Home for your Investments

Whether you are a student, a young professional or a soon-to-be-retiree, investing is important. Where you keep your investments is even more important. Getting the best bang for your buck is always...

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Why you should commit to maxing out your TFSA contribution this year

This year the TFSA contribution room has been increased to $5,500! Yahoo! TFSA’s are great for a number of reasons, but first you need to make sure you meet the requirements: To open a TFSA you must: -...

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How To: Transfer your RRSP and TFSA

This for the most part has been a pain in the butt. I’ve transfered money 3 times in my TFSA and twice with my RRSP. So far, it has been an unpleasant experience to say the least. I’m sorry if this...

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My Interview with CTV

The March 1st RRSP contribution deadline is fast approaching – have you made your yearly contributions? A couple weeks ago I was interviewed by CTV about my RRSP and TFSA – look there I am “blogging”...

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Investing Basics: GIC’s, Mutual Funds & Stocks

Last Friday was my sister’s 19th birthday (Happy Birthday Ju!) and for her 18th birthday I wrote her a cheque for her first RRSP contribution since you know I’m an advocate of saving and all. Since she...

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2013 Year End Finance Tips

2014 is fast approaching and I’ve seen numerous articles on things you should do to get your finances in order before the end of the year. Some of the items I agreed with, while other I did not. So...

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The perfect solution for new savers & investors: Earn 2.5% in your TFSA

Many of my friends often ask me for investment advice. Some of them are extremely risk averse and just want a simple savings account. Unfortunately, a lot of the big banks offer terrible rates, even in...

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2015 TFSA, maxed out … or so I thought

This year I managed to max out what I thought would be $36,500 in TFSA contribution room. I’ve been squirreling away cash into my TFSA since I was 19 and this is the second year since then that I’ve...

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