Saturday, June 23, 2018 4:55:58 AM
Resverlogix listed as one of 3 stocks that can "electrify your TFSA".
https://www.fool.ca/2018/06/22/young-investors-3-biotech-stocks-that-can-electrify-your-tfsa/
There was a Seeking Alpha piece last week, now a Motley Fool article...hardly the CNBCs or even BNNs of the investment world, but its a start....maybe bigger things are coming later.
For any Americans who are scratching their heads..."TFSA"????
It stands for Tax Free Savings Account. Canadians can invest up to $5,500 per year, and a cumulative total of $57,500 (previous year's unused contribution room carries over) in all manner of investment vehicles: Savings Accounts, Mutual Funds, ETFs, Stocks, Bonds etc....
There's no tax advantage when you put money into a TFSA, but when you take money out everything is tax free, both the initial money invested (because its after tax money anyway) and any growth.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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