17: TFSA vs. RRSP
Money Feels
00:00
TFSA vs RSP - Which Account Should You Start With?
A lot of people have been pushed to open a TFSA because they've heard it's great. They leave out the fact that you do need to invest the money in your TFSA. As of this year, the limit is $6,500 and all the room that's accrued since 2009 has come to $88,000. Both of these accounts should be investment accounts either with a robo-advisor or self-directed portfolio of stocks and ETFs.
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