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Stock impact report

My 1 Forever TFSA Stock — and Why I'll Never Let it Go [Yahoo! Finance Canada]

Brookfield Infrastructure Corporation (BIPC) 
big swings, looking for the next hot stock that can hopefully double or triple quickly. And while that can work on rare occasions, it's not how you build real long-term wealth. The real power of a TFSA isn't hitting one big trade or a few high-potential stocks; it's the long-term compounding potential created by its tax-free nature. It's the perfect place to own high-quality businesses that can grow for years, reinvesting the income they generate and letting that tax-free growth build over time. That's why I don't bother trying to find the next hot stock. Instead, I focus on finding companies that I can hold essentially forever. And when it comes to my portfolio, the best “forever” stock I own has to be Brookfield Infrastructure Partners TSX:BIP.UN Why Brookfield Infrastructure is the perfect long-term TFSA stock At its core, Brookfield Infrastructure owns assets that the global economy depends on every single day. These are businesses such as utilities, pipelines, data in Show less Read more
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