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  5. HISA: Hi 5i, I accumulate cash in my TFSA until I have enough to purchase a meaningful position in a stock. [High Interest Savings Account ETF]

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Q: Hi 5i,

I accumulate cash in my TFSA until I have enough to purchase a meaningful position in a stock. What are some good options you'd recommend for holding the cash in to generate interest while it accumulates?

Thanks for all you do -

Evan
Asked by Evan on September 18, 2024
5i Research Answer:
A cash interest ETF can usually work in such cases. PSA, CASH and HISA we think are good options...
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