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RE: The Middle Class is dying... Wanna know how to get out of it ?
Whatt!! Zero taxes through the TFSA? A capital gains free way of investing in the stock market. Man I'm jealous. I think I'll have to move in with an uncle in Toronto, haha. Joking aside, absolutely! There's nothing worse than coming into a significant sum of money only to blow it on a car, appliances, etc, like you said on depreciating liabilities. I think this past year in crypto has afforded many people to choice to make extravagant purchases or build a basis of passive income to generate benefits for decades to come. I just hope people choose wisely. :p
Haha...well I think you have to have a Canadian SIN number to be able to open a TFSA, but I know you were making a joke. I've yet to make a killing on crypto's....but so far I'm up a few thousand from a 9 grand investment. Between getting in a little too late, making some bad choices (newbie stuff), etc...I missed out on some life changing opportunities. That's the game. It's still a new world, and the masses have yet to begin exploring it. We're still in it early compared to most people. Here's to prosperity! Take care.