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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (4063)	4/9/2000 10:01:00 PM
From: kingfisher	Read Replies (1) \| Respond to of 4467

Buckey if you are claiming trades as income do you really need to track every trade?Would it not be easier to go mark to market.Assuming your portfolio $100,000 January 1,2000.The end of year market value of your portfolio is $150,000.You have not made any withdrawals.Your investment related expenses amount to $10,000 including margin interest.Net profit $40,000 before personal deductions and inc tax.All you would need to submit to tax man are copies of the value of your portfolio at start of year and end plus receipts for any withdrawals.Plus all your receipts for expenses. Richard