Beat The Street With SI Traders Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Beat The Street With SI Traders

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Terry Maloney who wrote (71575)	2/18/2011 7:50:26 PM
From: Sexton O Blake	Read Replies (2) of 233807

Thanks for this - I have never seen this before and glad that I have. If you read the document's page 7 section 11, they really are keeping quite a wide net to lock someone down. From "time spent – a substantial part of the taxpayer's time is spent studying the securities markets and investigating potential purchases," to "speculative" investing. I don't like to trade too much in the non-reg account as I have to spend time in preparing the report plus I figure they will raise an eyebrow to the number of trades - but someone here confirmed that the number of trades I am making is puny compared to what would possibly flagged. Overall my philosophy has changed over the years .. a non-reg account should have LT investments that may pay a dividend. With that you get the DIV credit plus pay on 1/2 the money (cap gains). Where as in your registered accounts - trade trade trade like it's 1999. Some of the energy trusts that paid INTEREST should have been held outside the RSP. (I am strictly speaking of someone who has a balanced portfolio that includes TFSA; RRSP and NON-REG accounts - some places are better for certain kinds of stocks) B

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next