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Stock impact report

TFSA Investors: How to Invest $7,000 in 2026? [Yahoo! Finance Canada]

Electrovaya Inc. - Common Shares (ELVA) 
The Tax-free Savings Account (TFSA) contribution limit for 2026 is $7,000, bringing the maximum contribution room to $109,000. Eligible Canadian investors can hold a variety of qualified investments in this registered account and generate tax-free returns for life. So, let's see how TFSA investors can invest $7,000 in 2026. Buy and hold diversified ETFs in a TFSA The primary goal of investing is to generate inflation-beating returns over time. One asset class that has consistently outpaced inflation is equities. A low-cost way to gain exposure to the stock market is to buy and hold passive managed index funds in the TFSA. Passive investing has gained popularity in the last 20 years, as 80% of fund managers struggle to beat the returns of the underlying index. It makes sense to allocate around 80% of your TFSA contributions to index funds, such as the iShares Core S&P 500 Index ETF TSX:XSP ). With almost $14 billion in assets under management, the XSP ETF is among the most p Show less Read more
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