2024 Reading Challenge

2024 Reading Challenge
Tina has read 0 books toward her goal of 39 books.

Sunday, March 1, 2009

REVIEW for The Tax- Free Savings Accounts

A big thank you to Penguin Books Canada for sending me this invaluable book!!!

TITLE: Tax-Free Savings Accounts

AUTHOR: Gordon Pape

GENRE: Personal Finance

RATING: 5 Stars

I am at a point in my life where I am extremely committed to investing and saving for my retirement. Of course, the TFSA is a new addition for us Canadians and I wanted to make sure that I really understood the concept and all the ins and outs of this plan. I wanted to make sure I got the best bang for my money.So, I went directly to the Canadian financial guru for my information and the Tax -Free Savingss book written by Gordon Pape is (as I knew it would be) the definite book on the subject.

Pape, in his usual way, explains to all us layman the ins and outs of the TFSA account - documenting everything from its beginnings to implementation and more importantly, how the average person can best benefit from this new financial tool offered by the governement.

As with any other investment tool, there are many different scenarios to cover and Pape does a wonderful job of explaining what is best - depending on your financial situation.He answered all of the questions I had and cleared up some ambiguity that I had towards some of the more intricate aspects of this plan.

I like reading Pape's books because he manages to take something complicated and makes it easy to understand and easy to implement.This is not a large book - but it is loaded with valuable info.


Donna said...

I agree with you about this book - it's packed with good, straight-forward info. Great review!

Anonymous said...

Thank you for your review about the Tax-Free Savings book by Gordon Pape. It sounds like his book covers many complex areas of the TFSA in simple to understand language. We've been thinking about stocking this book on site and were waiting for more reviews. Thank you for taking the time to provide Canadians with this much needed information!

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