One Simple TFSA Move to Fortify Your Portfolio in 2026

If your TFSA feels vulnerable in volatile markets, just holding cash isn’t enough — you want your money to work for you while preserving capital and reducing stress when markets swing. A straightforward way to do that this year is to replace high-hype, speculative holdings with a reliable, income-generating stock that can soften drawdowns and provide cash flow along the way.

Instead of sitting on extreme momentum plays that tank quickly when sentiment turns, consider anchoring part of your TFSA around a profitable dividend-paying company with real earnings and buybacks. The idea isn’t to exit all growth exposure, but to balance it with a steady performer that pays you while you wait. A regular dividend plus occasional share repurchases can help cushion your total return during dips and lower the emotional urge to sell.

One example of the “anchor” concept is goeasy (TSX: GSY) — a Canadian financial services firm that offers consumer lending through easyfinancial and point-of-sale financing via LendCare. It generates interest income and has a meaningful dividend yield, so it can continue producing cash flow even when markets wobble. Recent leadership changes and refreshed buyback activity may support renewed execution, and at current prices the stock yields around 4.5% — a meaningful boost to a TFSA’s income component.

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The key isn’t to just buy goeasy blindly — it’s to use income-focused holdings as a stable core so your TFSA doesn’t become a collection of “hope” bets that only look good when everything else is rising. Once you establish a durable anchor stock, limit tinkering with it unless fundamentals materially change. Then let any dividends be reinvested automatically via a DRIP to build shares over time without trying to time the market.

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This simple shift — from hype to durable cash flow — can reduce volatility, improve staying power, and give you dry powder to add on dips, all while keeping your TFSA working efficiently for long-term growth.