Q: Which would be the preferred choice in a TFSA or non registered account?
Thank you
Thank you
5i Research Answer:
CSAV is a high interest ETF, which will be taxed as regular income in a non-reg account. FIE is monthly income, and will be taxed as a combination of dividends, interest, and gains. FIE will have more risk but also significantly more upside potential. We would prefer FIE in either account.