What time of the year do you contribute to your TFSA?

Answer a QuestionCategory: Financial PlanningWhat time of the year do you contribute to your TFSA?
Isaved5K asked 8 months ago

When do you usually contribute to your TFSA?  Do you maximize your contribution limit every year?  If you do contribute, what do you invest in?  Let me start, I…

  1. Contribute every January to maximize the opportunity for my $$$ to grow
  2. I contribute every year and I max it.
  3. I invest in Canadian stocks mostly.
1 Answers
Jeff answered 8 months ago

I contribute mine at the start of the year too. The sooner I contribute it, the more time I can use that contribution to invest in stocks. I trade US and Canadian stocks in my TFSA.