My canadian business
Recent proposed changes to TFSAs are creating a bit of a stir in the media and blogosphere. What’s all the fuss about?

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1. Are you sitting down for this? Find out how much you're overpaying for printer ink cartridges at printandprosper.com

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You would think poor stock market returns and/or job losses would be perceived as the No. 1 threat to retirement security these days. Not so: that spot is claimed by high taxes, according to a recent survey. Inflation was not far behind.

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Gail Bebee, personal-finance speaker and author of No Hype - The Straight Goods on Investing Your Money has issued an succinct summary on whether or not to contribute to an RRSP or TFSA or both. Entitled, TFSA or RRSP? Seven rules to help Canadians decide, it goes as follows:

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I had a chance recently to ask York University Professor Moshe Milevsky about Tax Free Saving Plan (TFSA) strategies. Prof Milevsky is one of Canada’s leading authorities on personal-finance topics, with several books and dozens of articles to his credit. He had a contrarian perspective. “I just don’t see the TFSA ...

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A table is now available online comparing fees charged by various Tax Free Savings Accounts (TFSAs). It's at website Tax Free Savings Account. Information on promotional incentives is included. The table should be useful to prospective TFSA buyers given how the fees can vary considerably across providers -- from none to many (some ...

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Using the TFSA as a place to dabble with one’s “mad money” may not be such a bad thing after all, judging from the comments section to my previous post. So let’s go with the flow and ruminate on a few investing ideas for the Jesse-Livermore types (hey, I’ve done ...

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Most people will use the tax-free savings account (TFSA) to invest in conservative income investments such as high-interest saving accounts, but it appears Finance Minister Flaherty has also given daytraders and speculators a vehicle that many of them will be only too glad to use.

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In my column on the Tax Free Saving Account (TFSA), I ranted on about i) fees charged by TFSA providers, ii) growing complexity of the government’s registered savings plans system, and iii) the cost of the bureaucracy needed to administer the plethora of plans. Just give us a simpler tax ...

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Note to self: open an ING Direct tax free saving account (TFSA). It gives you tax-free interest starting Oct. 4. You can pre-register for a TFSA at other institutions but, as far as I know, they don’t offer the tax-free status until 2009.

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