Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 118.45

-1.3%

3:59 PM EST

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To: JAMES BORECKI who wrote (92836)	1/29/1999 7:11:00 PM
From: Kayaker	of 176387

OT My little problem is that here in Canada our RRSP (401 in the US) plan has a foreign content limit of 20%. If you go above that limit you have to pay 1% per month penalty. I don't know what that works out to be compounded annually but I suspect it has to be 13+% anyway. I think it's worth it if you get a 100% return every year. I just did this over the past 2 weeks. I had 35 contracts of Dell Feb calls in my RRSP. Waaaaaaaaaay over my 20% limit. Just sold them today and doubled my money. I'll pay a $200-$300 penalty but it beats investing in CDN stocks. I'm going to sit with the cash and buy Dell calls again, when we get a correction.

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