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Old 02-24-2015, 03:56 PM   #54
Fire
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Quote:
Originally Posted by darklord700 View Post
This figure must be obtained by investing in stocks which under the current rules are only 50% taxable. And you lose the DTC credits with TFSA so I don't think the benefit is as great as the article makes it sound like.
Yeah 8 million sounds far fetched to me. Sure, some people will really hit a home run with the stock market and make that much, but the article doesn't mention the people that pick a bunch of losers and pretty much wipe out their TFSA.
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