TFSA Contribution Limit of $6000 in 2019 - Tax-Free Capital Gains Millionaire from Compound Interest

📈 My FREE Investing Course (Previously $200): https://skl.sh/3ODk1tN A TFSA allows you to set money aside in eligible investments and watch those savings grow tax-free throughout your lifetime. Interest, dividends, and capital gains earned in a TFSA are tax-free for life. Your TFSA savings can be withdrawn from your account at any time, and all withdrawals are tax-free. With a contribution room of $6000 for 2019, what are you waiting for to start growing your nest egg! As a younger individual, you should be taking full advantage of the TFSA or CELI account, as you will be able to fully benefit from compounding interest over time. 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. Resources I Use and Recommend: ► Get $25 For FREE with Wealthsimple Trade 🇨🇦💵 (Stock Brokerage): https://wealthsimple.sjv.io/6a3Xb ► Get $50 for FREE with Wealthsimple Invest 🤑 (ETF Brokerage): https://wealthsimple.sjv.io/KY7mN ► Get $50 in Free Trades with Questrade 🇨🇦 (Stock Brokerage): http://www.questrade.com?refid=5cc1f638589bf Let's grow together! Thank you for liking and subscribing. :) 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.