TFSA Contribution 2020 - Tax Free Compound Interest!

Griffin Milks
β’December 20th, 2019
DESCRIPTION
π My FREE Investing Course (Previously $200): https://skl.sh/3ODk1tN
With the new year approaching quickly, I decided it may be nice to have a refresher video on the TFSA for all my new viewers! The TFSA contribution limit for 2020 is $6000, meaning you can take advantage of some substantial extra tax-free growth over the course of your investing career!
Within your TFSA account, you can purchase a variety of different assets such as stocks, bonds, ETF, mutual funds, forex, commodities, and much more. This allows a variety of different investment styles for the type of investor you are.
The contribution room for your TFSA account is cumulative, meaning that from the year you turn 18, your total contribution room grows by the amount set for that year by the government. #tfsa #tfsa2020 #stockmarket #investing
Resources I Use and Recommend:
βΊ Get $50 For FREE with Wealthsimple Trade π¨π¦π΅ (Stock Brokerage):
https://wealthsimple.sjv.io/6a3Xb
βΊ Get $50 for FREE with Wealthsimple Invest π€ (ETF Brokerage):
https://wealthsimple.sjv.io/KY7mN
βΊ Get $50 in Free Trades with Questrade π¨π¦ (Stock Brokerage):
http://www.questrade.com?refid=5cc1f638589bf
Disclaimer: This video contains affiliate links, meaning that if you click on a product link I may receive a commission at no additional cost to you. I do not promote products, services or companies I have not personally used or those which I do not recommend. All opinions are my own.

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