Eligible Investments
A TFSA can hold any investments that are RRSP eligible, including: publicly traded shares on eligible exchanges, eligible shares of private corporations, certain debt obligations, installment receipts, money denominated in any currency, trust interests including mutual funds and real estate investment trusts, annuity contracts, warrants, rights and options, registered investments, royalty units, partnership units, and depository receipts.
Read more about this topic: Tax-Free Savings Account
Famous quotes containing the words eligible and/or investments:
“A man of great employments and excellent performance used to assure me that he did not think a man worth anything until he was sixty; although this smacks a little of the resolution of a certain “Young Men’s Republican Club,” that all men should be held eligible who are under seventy.”
—Ralph Waldo Emerson (1803–1882)
“In youth, love and art. In age, investments and antiques.”
—Mason Cooley (b. 1927)