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View Full Version : TFSA Investment Options



scumtoes
Jan 20, 2009, 8:33 AM
What are the best TFSA savings options for us regular Canadians? Bonds, Mutual Funds, Cash, Stocks, GICs?? Should we still invest heavily into our RRSPs instead? Maybe take advantage of the low stock prices?

I just opened an account today and would like the knowledgeable input of you SSPers (because there are lots of you!).

bigcanuck
Jan 20, 2009, 4:08 PM
What are the best TFSA savings options for us regular Canadians? Bonds, Mutual Funds, Cash, Stocks, GICs?? Should we still invest heavily into our RRSPs instead? Maybe take advantage of the low stock prices?

I just opened an account today and would like the knowledgeable input of you SSPers (because there are lots of you!).

Not sure if the mods will agree to me redirecting folks away from SSP, but there's another forum (Red Flag Deals) that has a pretty decent Personal Finance thread. This question gets asked numerous times per day. Basically, it will all depend on your risk comfort and your timeframe for needing the cash (if in the near-ish future). But, there are some knowledgeable posters who will lay out some of the options for you and the pros/cons of each.

http://www.redflagdeals.com/forums/forumdisplay.php?f=41



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