2 Stocks to Start Saving for a Home in an FHSA

The FHSA (First Home Savings Account) is a great option for young investors looking to get into the housing market. It allows for annual contributions of up to $8,000 for a maximum of $40,000 over five years. If invested wisely, this could grow into a considerable sum over the next five to 15 years. An example of a stock to consider stashing in such an account is Dollarama (TSX:DOL), a discount retailer with a predictable and recession-resilient operating cash flow stream.

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