Sunday, November 23, 2025
HomeStockHow one can Flip a $15,000 TFSA Into $150,000

How one can Flip a $15,000 TFSA Into $150,000


Inventory market investing is taken into account a superb technique to maximize your financial savings and obtain long-term monetary freedom. Opposite to what lots of the uninitiated really feel, you don’t want a large sum of money to begin investing within the inventory market. With a disciplined method to investing, loads of endurance, and a little bit of luck, you may get 10-fold returns in your preliminary funding.

Whereas there isn’t a assure that you would be able to flip $15,000 into $150,000, it’s not solely inconceivable. The TSX boasts loads of progress shares which have delivered multi-fold returns to Canadians who invested on the proper time. In the present day, I’ll talk about two TSX progress shares which have the form of potential to offer you round 10-fold returns in the long term.

Celestica

Celestica (TSX:CLS) is a $50.04 billion market capitalization tech inventory that has, till just lately, been on a stellar run. As of this writing, CLS inventory trades for $435 per share, down 12.51% from November 5, 2025. The much-dreaded volatility within the inventory market has lastly come round, and progress shares are displaying indicators of it.

A downturn like this might sound alarming to newer traders. Nevertheless, savvier and extra skilled traders will have a look at it as a chance to purchase low. Some may contemplate ready for the inventory to backside out earlier than they begin investing, however timing the market doesn’t all the time work. It could be higher to begin nibbling on the inventory because it declines additional and additional.

The provision chain options supplier is a essentially strong enterprise, and the present downturn may largely be because of general market sentiment. I feel it could be the very best time to begin including the inventory to your self-directed portfolio.

Lightspeed Commerce

Lightspeed Commerce (TSX:LSPD) is a $2.64 billion market-cap big within the Canadian tech house. The corporate is an omni-channel e-commerce enabling firm that gives a Software program-as-a-Service platform to its shoppers. The corporate’s prospects depend on its platform to interact with end-consumers, handle operations, course of funds, and develop their companies.

The downturn within the inventory market throughout the board has not spared Lightspeed Commerce inventory. As of this writing, the inventory trades for $16.97 per share. It’s down by 10.59% from November 5, 2025, and by 36.20% from its 52-week excessive. The enterprise itself has been doing properly, particularly with its adoption of synthetic intelligence (AI) to supply new instruments to its shoppers.

The downturn may proceed for some time, however I feel it presents a very good alternative for traders to capitalize on a cut price that may ship substantial long-term returns.

Silly takeaway

It is extremely necessary to do not forget that there isn’t a technique to assure multi-fold returns in your funding within the inventory market. Attempting to time the market or chasing tendencies can get you such returns, nevertheless it carries a variety of threat. The actual key to success is the power to determine essentially sturdy companies that may develop earnings and income constantly.

Even the very best investments aren’t risk-free. Nevertheless, shares with strong underlying companies that function in niches with substantial long-term potential have the very best probability of being the winners you search in your self-directed funding portfolio. To this finish, Celestica inventory and Lightspeed Commerce inventory could be wonderful investments to contemplate.

RELATED ARTICLES

Most Popular

Recent Comments