I Opened An FHSA! My First Home Savings Account Investment Strategy

I’ve officially opened up an FHSA, or a ‘First Home Savings Account’, aka Canada’s newest registered investment account. In case you missed it, in April 2023 the Canadian government launched this new account to help people with saving for their first home.

Now, last year when this account first launched, I wasn’t in a place with my money and investing journey to open one up - I was still working on maxing out my TFSA, first. I officially was able to max out my TFSA a few months ago, so I'm now ready to open up a new investment account - aka, the FHSA! In this video I'll break down why I'm opening up an FHSA, what I'll be investing in within my FHSA, and other investment options you could consider, too.

0:00 I opened up an FHSA!
1:25 Why am I opening an FHSA?
2:55 How long will my money be invested?
5:23 What are the best FHSA investment options?
7:40 What investment option I’m choosing
10:11 Open up my FHSA with me

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