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Old 01-21-2015, 10:15 AM   #16
bomber317
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Join Date: Jan 2008
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Quote:
Originally Posted by OMG!WTF! View Post
Things are a bit different now with a tfsa. If you can, make sure that's up and running with some dividend or interest baring holdings. Any US dividend paying stocks should be held in your tfsa. Simply holding cash isn't the end of the world now either.
Just an FYI on holding US Dividend paying holdings in your TFSA. The dividends are taxed before you receive your dividend.

However, holding US dividend paying holdings in your RSP account will give you dividend payouts tax free.
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