How the Tax Free Savings Account Really Works

While the TFSA has a simple and elegant design to assist people in building long-term wealth, it is often abused by investors.

I have had many people tell me that they treat the funds in their TFSA less seriously than they treat their other assets. They might use their TFSA to buy things like the latest hot tech stock, in hopes that their massive gains will be sheltered by their wonderful TFSA.

I’m Ben Felix, Associate Portfolio Manager at PWL Capital. In this episode of Common Sense Investing, I’m going to tell you why you should get serious about your TFSA.

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Visit PWL Capital: https://goo.gl/uPcXg7
PWL Capital Blog Post: https://www.pwlcapital.com/the-tfsa-is-a-give-away-but-its-not-a-toy/
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