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Stock impact report

Maximizing Returns: How to Best Use Your TFSA in 2025 [Yahoo! Finance Canada]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Your Tax-Free Savings Account (TFSA) is one of the most powerful tools available for building wealth in Canada. It allows you to grow your savings without the burden of taxes. In 2025, the key to maximizing returns in your TFSA will be to make strategic investment choices that leverage both the tax advantages of the account and the potential of the stock market. The TFSA is not just for saving While saving is the first step to building wealth, investing those savings is what can truly accelerate your returns. With a TFSA, any growth — whether from interest, dividends, or capital gains — is tax-free. In other words, the money you earn within the account isn't subject to taxation, making it a fantastic vehicle for long-term growth. Both the Canadian and U.S. stock markets are trading near their all-time highs. While this could spark concerns about a potential pullback, there are still opportunities to maximize returns in your TFSA. It's important to remember that market fluctuati Show less Read more
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