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Stock impact report

3 of the Top Stocks TFSA Investors Can Buy Now [Yahoo! Finance Canada]

Brookfield Infrastructure Partners LP Class A Subordinate Voting Shares (BIPC) 
Most investors understand how powerful the Tax-Free Savings Account (TFSA) is and why it's important to take full advantage of it. And while maxing out your registered accounts, especially your TFSA, as early as possible is important, it's just as critical to make sure the stocks you buy are the top stocks available on the TSX Since the TFSA allows your investments to grow completely tax-free, every dollar of capital gains and dividends stays working for you. That means the higher the quality of the stocks you own in your TFSA, the more money you're effectively saving in taxes over the long run. It's also worth remembering that while you get new TFSA contribution room every year, any room you lose from poor investments is gone for good. That's why you want to avoid owning low-quality or speculative stocks in your TFSA. Therefore, it makes the most sense to focus on companies that can compound your capital consistently over time, not stocks you're planning to trade in and out of Show less Read more
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