TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: SP / TFSA / Deemed Disposition
SP
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Jan 06, 2009 09:21AM
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Jan 06, 2009 10:03AM
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Jan 06, 2009 10:17AM

Jan 06, 2009 11:06AM

Jan 06, 2009 11:11AM

tau
Jan 06, 2009 11:15AM

Jan 06, 2009 11:43AM
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Jan 06, 2009 02:08PM

Jan 06, 2009 04:37PM
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Jan 06, 2009 05:17PM

Berk/Cedar..

You are both right...

I chose to sell some KXL in three different accounts yesterday...two at a .10/share loss,which I will add to my tax losses for next year..the other account was a break even deal so no tax implications apply..I will now transfer the cash ,after settlement date on Friday,to the TFSA accounts..three..and repurchace KXL or some other stock such as SGX ..maybe...if I purchace KXL it will not be a wash sale on the loss end as taxation gain in the new account is NOT accountable...Neato...

I love KXL and only sold these shares to buy more on a non taxable basis...That is fair trade practice and don't expect to be pelted with rotten eggs at Vegas for my infidelity to our Golden Mistress..

Long Live us KXL schlongs..

Portee

1
Jan 07, 2009 12:32AM
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