Being Canadian ...
does make it difficult to capture these gorillas in a tax deferral system. If you don't intend to trade your gorillas, would you not be participating in tax deferral simply by waiting until you need to sell. The RRSP is a good system for trading to make tax free capital gains, but with the GG, there isn't a need to trade frequently. I would buy JDU for the king in the RRSP and use my 20% for Q. In another cash account, I would just buy Q and hold. If you intend to wait, you don't pay tax until you lock in gains. For the Q, I don't see a need to sell at least for 5 years, and by that time, a hefty appreciation should have appeared. Also, to participate in LEAPS, you need a margin account, which can not be a RRSP, I believe.
So, that's my plan, buy JDU for Canadian content, and the rest is Q. As per GG, there is no need to diversify.
Just my 2 cents
Later |
