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Canadians: 1 TSX Stock That Will Supercharge Your TFSA
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When you devise your investment strategy, there are a lot of variables you need to take under consideration: your income, years to retirement, risk appetite, etc. When you are decades from retiring, you might have a healthier risk appetite than investors nearing their retirement. As someone who is about to retire, your investment strategy might revolve around converting your retirement savings into a reliable income source.
Asset allocation is another variable that deserves proper consideration. The TFSA and RRSP are two of the most common choices, but while you can invest in your TFSA for retirement, the RRSP is not a viable account for short-term investment goals. ....

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