TFSA Investing: Strategies to Maximize Tax-Free Growth and Returns in 2025
Canadians are using their Tax-Free Savings Accounts (TFSA) to build portfolios of investments that can complement work and government pensions in retirement.
Market volatility caused by tariff uncertainty is expected to continue for some time. A full-blown trade war could push the U.S. and Canadian economies into a recession. With these threats in mind, it makes sense to consider a more defensive strategy for a self-directed TFSA that is focused on dividend income and longer-term total returns.
Dividend stocks
Owning stocks comes with risks, as share prices can fall below the purchase price, and dividends sometimes get cut.
The pullback in some sectors, however, is actually giving investors a chance to buy some top Canadian dividend…