...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: and you thought I would let you have all the fun....

Rock....I have RVX in my TFSA, and although my TFSA is maxed I hold other investments besides RVX in it. But then I also have RVX in an RSP and in an Open account.

FWIW if RVX isn't sheltered.....the capital gains exclusion rate in Canada is 50%. So let's say you bought 10K shares at an avg cost of $1 and sold them at an avg of $3 for a $20,000 capital gain....50% of the capital gain is tax free. So you only have to pay tax on $10,000 at your marginal rate.

Enough accounting....Go RVX!!!

Share
New Message
Please login to post a reply