Holding savings accounts in a brokerage? US stocks are not tax sheltered in TFSA?
http://theinvestmentblog.net/2011/02/17 ... r-for-you/
This article says:
1. You can hold savings accounts in a self directed brokerage.
2. Foreign income is not tax sheltered in TFSA. i.e. dividends from US stocks.
Is this guy on crack? My understanding of TFSA is the exact opposite of the above two points. Anyone know?
This article says:
1. You can hold savings accounts in a self directed brokerage.
2. Foreign income is not tax sheltered in TFSA. i.e. dividends from US stocks.
Is this guy on crack? My understanding of TFSA is the exact opposite of the above two points. Anyone know?