Hey all,
I know that this stock is still a ways away from soaring to where we all want it to be...but I'm just thinking ahead to when it does.
I hope everyone here has their investing accounts set up so that all money in and out of the stock market is done through a Tax Free Savings Account (TFSA). It was new and came in last year. The government refered to it as "The best thing since the RRSP" It allows you to put money somewhere, where it will accure interest and you don't have to pay taxes on it....until you go to take it out.
This is really good for the stock market because you can sell your shares (if you want) and get the money out of the market but not have to claim all the money as income. You wouldn't have to claim it as income until you take it out of the TFSA.
This is just a thought but something that you should definitely consider. I'm sure most people know about it but what the hell.
If anyone has or knows anymore about it please post away. I'm pretty sure all the above is correct. But I was wrong once before HMMMM I think is was last Sept.....something about a duster!!! I wonder what that could have been. Please correct me if I'm wrong.
Regards,