@Neni536975 Exactly, if you choose to rent you actually have to be consistent with investing to make up the difference.
Option C is the best choice though 😂
Most Canadians don't know this about their TFSA 🇨🇦
When a stock or ETF pays a dividend inside your TFSA...
And that dividend gets automatically reinvested...
It does NOT use any additional contribution room.
That's why compounding inside a TFSA is so powerful.
Did you know this?
Canadians lose thousands every year to income taxes.
But the government also created four powerful accounts to help you keep more of your money.
Most people ignore them completely.
TFSA → every dollar of growth completely tax free.
RRSP → tax deduction today. Tax sheltered growth for decades.
FHSA → tax deductible in. Tax free out for your first home.
RESP → tax sheltered growth plus government grants for your kids
You can't control your tax rate.
You can control whether you use the accounts designed to reduce it.
Are you using all four?
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