Avoid these money moves with your TFSA
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NinetyOne Asset Management

  NinetyOne Asset Management   Q3 of 2024 | 2 years ago

The South African government introduced tax-free savings accounts (TFSAs) to encourage individuals to save. As TFSAs are not subject to income or capital gains tax, more money is available to help your investment grow over time. While TFSAs offer attractive tax benefits, here are four money moves you should avoid to ensure your TFSA works for you.


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

SIM's NewFunds ETFs transfered , renamed and managed by Sanlam's Satrix.

DYN

Mvunonala Investments in 2017 was embroid in a scandal that involve the dissappearing of huge monies in Bophelo Beneficiary Fund. It never recover from that scandal.

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Disclaimer
Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation.