TFSA Contribution Limit of $6000 in 2019 - Tax-Free Capital Gains Millionaire from Compound Interest Video
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A TFSA allows you to set money aside in eligible investments and watch those savings grow tax-free throughout your lifetime. Interest, dividends, and capital gains earned in a TFSA are tax-free for life. Your TFSA savings can be withdrawn from your account at any time, and all withdrawals are tax-free.
With a contribution room of $6000 for 2019, what are you waiting for to start growing your nest egg! As a younger individual, you should be taking full advantage of the TFSA or CELI account, as you will be able to fully benefit from compounding interest over time.
Within your TFSA account, you can purchase a variety of different assets such as stocks, bonds, ETF, mutual funds, forex, commodities, and much more. This allows a variety of different investment styles for the type of investor you are.
The contribution room for your TFSA account is cumulative, meaning that from the year you turn 18, your total contribution room grows by the amount set for that year by the government.
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Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
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The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
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