Quote:
Originally Posted by EldrickOnIce
Not in this case. Saving, speaking economically, basically amounts to removing money from circulation, keeping it in your bank account. This money is investment in the economy. The I part of the old C+I+G+NX that makes up our GDP. This is investment and is good for the economy.
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Sort of. IIRC, nearly 60% of TFSA assets are in savings, GICs, and bonds.