Avoid these money moves with your TFSA
Where I Am? | Viewer ==> Avoid these money moves with your TFSA

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 ?

Anchor Capital is a division of Anchor Group , that was founded by Peter Armitage.

Asset manager Investment Solutions was rebranded Alex Forbes Investments in 2017.

With more or less than 10 unit trusts , asset manager Allan Gray is home to 3 funds featuring in our Top 10 Heavyweights by fund size in years of 2020s.

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Disclaimer
Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent.