I’m considering holding REITs in my TFSA since they would be a good income earning investment, but not necessarily tax efficient. My first thought was to look into the iShares CDN REIT Sector Index Fund (XRE), but it’s 0.55% MER is rather high for an ETF than only has 11 holdings.
You can replicate more than [...]
The Canadian Source For Personal Finance
Category Archives: TFSA
Real Estate Investment Trust (REIT) Portfolio
Investing Your Charitable Donations Credit
I was asked a question about my charitable donations post from last week. The question was, instead of the $200 in my example, what if he donated say $1,000 a year… would he be better off getting the credit each year and investing it?
For starters, lets break down the tax credit he would receive, each year [...]
TFSA – Tax Free Savings Account
I’ve had a few people ask about the Tax Free Savings Account, or TFSA. Some get the wrong idea because of the term “savings account”. While you can hold a savings account in the TFSA, you could also use it for stocks, mutual funds, bonds, GICs, etc. The TFSA is basically a shell similar to [...]
-
SUBSCRIBE AND FOLLOW
