How to Maximize on Your Savings Using an RA, TFSA, or Preservation Fund
Honest Money
English - July 02, 2022 02:00 - 17 minutes - 11.7 MB - ★★★★★ - 7 ratingsInvesting Business Management investing finance money business personal finance wealth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Warren Ingram answers your questions, in today’s episode he touches on preservation funds when getting a payout and choosing between an RA or a TSFA to invest in.
Questions/ Topics:
I'm about to receive a divorce payout, I'm planning on moving it to a preservation fund and draw out one bulk amount. I have a child that needs education and I need to buy a small car. What would you suggest in terms of preservation funds, is there one you can recommend or is there another solution? I only have a limited budget, between an RA and TFSA, which one should I prioritize my investments in? Which one gives a better tax benefit in the long run?Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod