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Message: TFSA strategies

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Re: TFSA strategies

posted on Aug 20, 09 06:32PM

i opened my TFSA within my questrade (online brokerage) account.

So instaed of transfering stocks in and out, i just deposited 5000 into it, bought and sold stocks as i choose. So if i want to have it in say wel instead of sgr, ill just sell my sgr and by wel. etc.

I choose questrade cause they have the lowest price for transaction 5-10 bucks. its cheap.

Id say im doing ok since i moved from 5000 to 4000 then 4000 to 8000. But i know some of you are doing a lot better.

I m not to worried about getting more money in there, im more just concerned about doubling it up as much as i can.

i find the way im doing it isnt complicated and is easy to manage, i don tknow how other TFSA are setup like the ones though the banks but i like the online brokers plus they are cheaper.

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