Avoid these money moves with your TFSA
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        Avoid these money moves with your TFSA

  NinetyOne Asset Management   Q3 of 2024 | 7 months ago

The South African government introduced tax-free savings accounts (TFSAs) to encourage individuals to save. As TFSAs are not subject to income or capital gains tax, more money is available to help your investment grow over time. While TFSAs offer attractive tax benefits, here are four money moves you should avoid to ensure your TFSA works for you.


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

Ashburton Investments was founded in 1983 , currently is a subsidiary Firstrand Ltd.

Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).

Asset manager Coronation was the first introducer of absolute unit trusts funds in our local industry in 1999.

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Disclaimer
Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent.