TAXES, TAXATION, TAX and Canadian stocks Message Board

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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks

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To: Jordan Levitt who wrote (262)	11/10/2000 12:14:56 AM
From: tyc:>	Read Replies (1) of 548

It may be of interest that THIS retired person believes in seeking "capital gains" inside his RRSP while trading FOR INCOME outside his RRSP. (Of course all gains inside an RSP are really income gains) The trouble with seeking capital gains outside an RSP is that this search can just as easily result in capital losses. My trading for income includes selling "naked" options(largely straddles) which, where deemed appropriate are hedged by long stock positions INSIDE my RSP. Now, any losses are income losses, and they are offset by income GAINS within that most versatile of income accounts, my RSP. I'll bet my strategies are unique !!

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