Use Your TFSA and Earn $67.20 in Passive Income Each Month [Yahoo! Finance Canada]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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Source: Yahoo! Finance Canada
Did you know that over 70% of Canadians are now using their Tax-Free Savings Account (TFSA) to generate passive income? With the ability to grow investments tax-free, more Canadians are taking advantage of this account to boost their savings and create a steady income stream from dividends and interest! So, what is that 30% of people waiting for? Perhaps they don't know how to get started, so here's how! Why the TFSA? The TFSA is hands down one of the best tools for creating long-term passive income in Canada. With the ability to invest in stocks, bonds, and other income-generating assets, all the growth and returns in the TFSA remain completely tax-free. That means every dollar you make from dividends, interest, or capital gains stays in your pocket. Thus allowing your investments to compound more quickly over time. This compounding effect can snowball your wealth in the long run, thereby making it an ideal choice for passive-income seekers. What's even better is that the TFSA
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MELI
Earnings
- 8/1/24 - Beat
MELI
Sec Filings
- 9/16/24 - Form 3
- 9/16/24 - Form 8-K
- 8/27/24 - Form 4
- MELI's page on the SEC website