Investors explore TFSA strategies as 2025 approaches

As 2025 approaches, investors are considering various strategies for their Tax-Free Savings Accounts (TFSAs). With a new contribution limit of $7,000, options range from aggressive stock investments to safer, guaranteed returns. For those optimistic about stock markets, all-equity exchange-traded funds (ETFs) offer broad exposure to Canadian and international markets. Investors concerned about potential declines might prefer low-volatility ETFs, which have historically shown less severe losses during downturns. For cautious investors, one-year guaranteed investment certificates (GICs) provide a safe option with rates around 3.5%. Utility stocks are also appealing for dividend income, while those looking to hold U.S. dollars can consider U.S.-dollar investment products with competitive yields.