Thoughts for consideration re TFSA versus RRSP (for those of us younger than 72 who can contribute to RRSP's)

RRSP gets the tax break on the contribution into it but fully taxes the withdrawal at a later date as regular income (no capital gain benefits). on the other hand in case of a loss - well you have already received the benefit of the full write off of the invested value against regular income.

TFSA uses tax paid money for the max $6,000.00 contribution (in 2019) and then receives any money available from Capital gain in the TFSA or dividend in the TFSA without any tax on drawing out the funds when an investment such as RVX pays off. (disadvantage is if it does not pay off or craters such as would be if expected benefit does not  materialise - tough patooties)

Regular investment in a non tax sheltered account results in receipt of a taxable capital gain on any increase in value or a capital loss; but any dividend (without selling of the investment) benefits from the dividend tax credit.

We each must make our own decision as to which type of investment to make in a speculative investment such as RVX.

I have made my choices and have shares in RVX and ZENE where I have chosen to place them.