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Technology Stocks : Nortel Networks (NT)

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To: JAMES BORECKI who wrote (2024)2/18/1999 3:41:00 PM
From: Northern Cougar  Read Replies (2) of 14638
 
Jim I noticed your assesment of US vs Cdn value in your RRSP portfolio. I have a similar situation. I thought you might want to know that recent changes in Canada allow you to increase the % of foreign content above the stated 20% without penalty. You can do this by adding a "Labour Sponsored fund" to your RRSP account, in addition to the pretty good tax advantage of the LSF you are now allowed triple that value in foreign content above the 20% cap.. Talk to your broker or financial planner ASAP if you want to do this . Feb 28 deadline you know.. .
Good Luck,,,Northern Cougar
PS: DELL will come back... probably have to wait until the other heavyweights IBM INTEL MSFT CSCO report earnings next quarter
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