Q: In regards to TFSA's value...For the record I'm not a great stock picker (but better than I was prior to joining 5i). However I know how to listen to people like Peter and Ryan who understand what makes a great stock. So thanks to them I bought CSU, NVDA and SMCI (at 13x earnings one short year ago). Today my TFSA is just shy of 1.8 million Canadian. It's a bit like winning the lottery, and if I can do it so can other members. Not everything is going to go up and I have plenty of capital losses but as Peter (I think) says a couple of great winners will do the job! By-the-way LMN was spun out at around $16.75 per share about a year ago and today trades at $37.14. Not too shabby. Better to buy now rather than later at $371.40 don't you think?
My advice...listen to Peter and Ryan and all work out (in the long term)!
Jim
My advice...listen to Peter and Ryan and all work out (in the long term)!
Jim
5i Research Answer:
Thank you for sharing; that is incredible and congratulations.