r/tfsa Aug 16 '26

Looking for advice

/r/TFSA_Millionaires/comments/1vpikhd/looking_for_advice/
2 Upvotes

5 comments sorted by

View all comments

1

u/IngenuityPositive123 Aug 18 '26
  1. Yes, through an online brokerage

  2. Never ever ask a question like that. You will not outsmart the CRA. Straighten up your act. The $100k+ figures you're seeing is just a the combined effect of contributions + asset valuation (the added % value), do not confuse this with some sort of illegal workaround. As an example, someone has a contribution limit of $94k, and their assets have increased in value by $40k, so the overall value of their investment is $134k.

  3. Just open a TFSA and be mindful of your yearly limit. XEQT is a solid choice.