[NefCanuck]

Aka,Mar 2 2009, 05:58 AM Wrote:

NefCanuck,Feb 23 2009, 03:44 PM Wrote:That's a freakin' steal and call me Lupin III (and only Aka will get that reference ;))

NefCanuck
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lol...

I was asking about these at work because I had no idea what the point of them was. I thought I didn't get taxed on my bank account so why would I bother with this. Then I actually read up on them.

I just have a normal bank account and a RRSP. I don't have enough money to throw elsewhere, I barely get any in my RRSP as it is, I make so little.
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Yeah, the TFSA seems mostly aimed at middle classers who have spare cash that they want easier access to than if they parked it in an RSP or GIC.

I'm not in any great need of liquidity ATM myself, but in future a TFSA might be useful, to save for the next set of wheels for example.

In the meantime I'll squirrel away extra $ in the RDSP, at least until I turn 49 and the grants stop coming :P

NefCanuck