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To: kidl who wrote (73136)	3/5/2011 9:49:29 AM
From: tyc:>	Read Replies (1) \| Respond to of 233882

>>".. paying the capital gains tax on the margin account while not getting the benefit of the loss in the RRSP account" In a margin account, (say) 50% of losses are written off, and you have paid tax on the other 50%. In an RRSP 100% of losses are written off, because no tax has been paid. If you are going to have losses, it is better to have them before taxes are paid. IMHO.

To: kidl who wrote (73136)	3/5/2011 11:34:05 AM
From: Sexton O Blake	Respond to of 233882

Chuckle. Well I am reviewing some activity in my accounts and wouldn't you know - somehow my two purchases of The Horta (ORT.A) ended up in two accounts. Oh the humanity. Anyways -- the 2nd last buy of CLQ was at 1.35 in my TFSA. With the account not that big yet, it is a hit for me. Will see how things go next week. I debated dumping everything around 1.00 late Friday but didn't pull the trigger. Down about 30% in my TFSA and 20% in another account. I will plan my exit out this weekend - going on a trip on Thursday next week (totally out of trading range --- if only I had an iPAD2, chuckle). The mistake wasn't buying at 1.10, but not dumping everything at 1.15-1.18. $ amounts are not huge. Shaking my head but ... life. Between CLQ and FEI - great lessons for the week.