Alyssa Davies

Never forget #brokestudentlife #memories #friendshipgoals #mascot

Absolutely dead 💀😭😂 #mastersdegree #counselingpsychology #studentlife #husbandwife

Annual basement rat reminder 🐀 #socialmediaisfake #aesthetic #homedecor #pinterestaesthetic

Just a really casual afternoon of #crosscountryskiing #girlsday #affordableactivities

Investing requires patience When I put in my first $100 back in 2016, it felt like it was going to take me a lifetime to see growth in these accounts. But, I stayed consistent, and it has slowly gotten to a point where I can see how much confidence my investments have given me as far as financial security goes. More often than not, if you’re just starting out, the best account to invest in is your TFSA. The tax-free savings account is not a ‘savings’ account as the name says. It’s actually one of the best investment accounts available to Canadians. Just putting your money into a TFSA doesn’t do much for you. You need to #invest that money into stocks, GICs, bonds and ETFs so that your money can grow tax-free. If you use a roboadvisor, it will invest into ETFs for you, so being afraid doesn’t need to deter you from this extremely important financial step. With a #TFSA, you can withdraw money from this account any time you want without paying tax on the withdrawal. Once you withdraw, you never lose that contribution room. Instead, you can return that money to the account the following year. BUT you should be primarily using this account for your retirement savings. So, don’t touch it. Happy #investing, friends! And thank you for being so supportive of this milestone 🙂