Larry Berman CFA, CMT, CTAGlobal X NASDAQ 100 Covered Call ETFQQCC.TOBUYJul 27, 2026
For additional monthly retirement income?
Gives you growth exposure, but with income. Because you'll never be taxed on your TFSA (and if you have the ability and the risk tolerance), you should use it for maximum growth. You don't want mature companies paying income in a TFSA, you want maximum growth.
He has no issue with this ETF. But perhaps it's better off elsewhere than a TFSA, where it makes sense to have current tax-efficient income.
Gives you growth exposure, but with income. Because you'll never be taxed on your TFSA (and if you have the ability and the risk tolerance), you should use it for maximum growth. You don't want mature companies paying income in a TFSA, you want maximum growth.
He has no issue with this ETF. But perhaps it's better off elsewhere than a TFSA, where it makes sense to have current tax-efficient income.