If you prefer to see the exact purchase math with whole units: 3,248 units would cost $49,986.72 at $15.39 and pay $324.80 per month, or $3,897.60 per year, deposited tax-free inside your TFSA.

Using the TFSA (Tax-Free Saving Account) is a great way to maximize your portfolio returns over time. The TFSA protects you from tax. By not paying tax on your income, you can improve your annual ...

Many beginners make the mistake of investing their hard-earned Tax-Free Savings Account (TFSA) in stocks that promise fast gains but fail to provide reliable returns in the long run. To realize the ...