The 1 Canadian Stock I'd Buy and Hold Forever in a TFSA

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Tue, January 14, 2025

[ Tue, Jan 14th ] - People

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - TMCnet

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - Forbes

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - Tuko

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - Inc

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[ Tue, Jan 14th ] - Forbes

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[ Tue, Jan 14th ] - CNN

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[ Tue, Jan 14th ] - BroadwayWorld

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[ Tue, Jan 14th ] - ABC

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - MSN

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[ Tue, Jan 14th ] - Forbes

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[ Tue, Jan 14th ] - Variety

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The 1 Canadian Stock I'd Buy and Hold Forever in a TFSA

^{Published on 2025-01-14 02:01:08 - MSN}

If you're looking for one and only one investment, then this ETF is the best option out there for your TFSA. The post The 1 Canadian Stock I'd Buy and Hold Forever in a TFSA appeared first on The Motley Fool Canada.

The article from MSN Money discusses the merits of investing in Canadian National Railway (CNR) as a long-term holding within a Tax-Free Savings Account (TFSA). It highlights CNR's robust business model, which benefits from its extensive rail network across North America, providing essential transportation services for various industries. The piece emphasizes CNR's consistent performance, with a history of increasing dividends, making it an attractive option for investors looking for stability and growth. The article also points out the strategic advantages of holding such a stock in a TFSA, where all investment income, including dividends and capital gains, can grow tax-free. It suggests that despite its higher stock price, CNR's potential for long-term growth, combined with its defensive qualities in economic downturns, makes it a compelling choice for a "buy and hold forever" strategy within a TFSA.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/top-stocks/the-1-canadian-stock-i-d-buy-and-hold-forever-in-a-tfsa/ar-BB1rojZI ]

N@N

The 1 Canadian Stock I'd Buy and Hold Forever in a TFSA