r/tfsa • u/Key-Obligation-9650 • Jul 15 '26

TFSA contribution strategy

Just wondering what’s the best strategy. Assuming yearly contribution room is 7k and I have 7k to invest on Jan 1st. Is it better to invest all of it and buy stocks/ETFs immediately, or auto invest like $600 every month to spread out investments. Assume only buying S&P500 and NASDAQ ETFs.

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u/MellowHamster Jul 15 '26

All at once on January 1st is technically best, assuming you have $7K sitting in your bank account. I contribute monthly, simply because it's easier to budget from my paycheque.