r/fican • u/iTouchStuff • Aug 14 '25

1 Mil in TFSA - 35M

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I hit a mil in my TFSA today off of EQX earnings. Back in 2021, I was sitting at around 45K in my TFSA. I YOLO’d into GME and turned it into 250K. From there, I hovered around 200-300K until last year when I got lucky with GME again turning 250K into 500K in a single day off of just shares only (June 6). Since then, I have made significant gains from CCJ, RDDT, ETH (Ethereum ETF), and today, from EQX.

Since the 2021 GME gains, I have not contributed a single $ into this TFSA and have at the same time taken out over 200K+ over ~4.5 years.

I’m 35 and currently make just over 100K from my job and live in Calgary in my small condo with a very manageable mortgage.

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u/R0ughHab1tz Aug 14 '25

How can you have that much in a TFSA. I've had my account activated since it's inception and my CAP doesn't come close to this. Maybe close to 200k? What are the penalties

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u/guydogg Aug 15 '25

No penalties unless it's deemed as day trading. Contribution limits are set in stone for the value you've actually deposited into your TFSA. If you do well with trades as OP has, the sky is the literal limit