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Tag: tfia

Tax-Free Savings Accounts: Buy Risk & Sell Time

Posted on 26/08/2020 by Keith McLachlan

OLD ARTICLE – Originally posted on June 4, 2019 A Tax-Free Savings Account (TFSA) offers a superb, tax-efficient mechanism to compound long-term investments for South African citizens. In the below example, I use an assumption of 15% CAGR per annum from a basic South African equity investment and assume that you are paying a marginal…

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