TFSAs vs. RRSPs

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Information TFSAs vs. RRSPs

Title	:	TFSAs vs. RRSPs
Lasting	:	2.14
Date of publication	:
Views	:	57 rb

I watch several YouTube videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
Comment from : William Ethan

This is of course if GIS will still be going by the time you retire
Comment from : missgh1000

Thank you
Comment from : I am BC

I still don’t get it, I’m even more confused
Comment from : Arkad and Fortuna

This is why Satoshi emphasized the importance of a trustless money system… They can close that loophole at any time Whenever you put your money into a retirement instrument that is government approved you are trusting that nobody’s ever going to move the goalposts at any point along the road to retirement
Comment from : Gene Basler

This is all assuming we wont be taken over by robots or enslaved by tyrants by 2045
Comment from : Adam

the loop hole in a tfsa is when you make profits on the money contributed in a tfsa, the profits are tax free
Comment from : rochester3

From the video they are not saying the fact that is tax free is the loophole, the loophole is that it doesn't count as income hence qualifying you for the income supplement under certain conditions Seems to be a hard one to plan around due to the time frame
Comment from : TZCoder

This video makes a mistake at 1:28 He's talking about RRSPs and how much money she's left with, per year, in retirement after she pays back the taxes The screen shows the sum of $29,000 with TFSA above it It should have said RRSP above the $29,000 Make you wonder if they know what they'rre talking about when they miss such a glaring mistake
Comment from : rhymeswithteeth

This method is useless for retirement
Comment from : Jerry Lee

Here is a better way to save money End CBC funding (15 Billion) and use that to lower income taxes
Comment from : william baxter

Until you socialist cucks terminate it, no one can bet and win on our government in 25 years
Comment from : william baxter

Forex trading is very profitable but many people fail to understand that in any trade you must go by a certain rule for you to succeed, you must have a reliable strategy and an account manager who will guide you to make profit, ? STOP loosing money today out of ignorance today, for reliable strategy which can make 95 of your daily investment brInbox MR MICHEAL on michealryann133@gmail com
Comment from : cedric harvey

Or you can max out your full RRSP contribution room and stuff the tax return into a TFSA $5500/year is not a lot of money and these loopholes will probably be clawed back by the time most of us are 65 anyways Basically, don't count on the government to fund your retirement Save all you can and invest wisely
Comment from : BCampbellGBC

What about if you earn higher income now At $100,000 or more you really need that tax deduction My opinion is that if you make 60k or less, tfsa first 60k or more and RSP is more important
Comment from : Rob Gibson

Amazing Video Explained so well Thank you
Comment from : MajorEasley

There is no loop hole in TFSA It is the feature that is why it's called Tax Free Saving Account It is Tax free its feature, not loop hole
Comment from : Vishal

You're screwed either way because the loopholes will be closed and the conditions will change A lot can happen in 30 years
Comment from : Pabloottawa P