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Technology Stocks : How high will Microsoft fly?
MSFT 484.79-0.3%3:59 PM EST

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To: Jean M. Gauthier who wrote (21458)4/23/1999 2:28:00 PM
From: t2  Read Replies (2) of 74651
 
Jean, The remaining 80% can go into canadian money market funds. Another option you have is to open a TD Greenline account and do a one time buy of US money market fund (considered Canadian Content) and then just go back and forth into stocks and selling the stocks for settlement on the final day of the month and buying again for settlement on the first day of the month. Just have to ask them to offset the exchange rates on the buy and sell. Like i said before, to the best of my knowledge only TD will do this. I know that most other banks won't. I did this a lot with TD RRSP account but I also paid a lot of foreign content penalties on my Bank Of Montreal RRSP (used mostly for options trading)
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