Tax-Free Savings Accounts (TFSA) are a terrific tool for any investor to have in their toolbelt. They can be used to save for anything you want such as, short-term financial goals, vacations, home purchase, emergency funds, etc.
As the name implies, TFSAs allow you to invest, grow and withdraw money all on a tax-free basis. They are free to open and allow you to invest at whatever amount and frequency you see fit.
Check out this video to learn more about the TFSA.
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