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To: Doug who wrote (4845)6/3/1998 11:37:00 AM
From: Ian@SI  Respond to of 18016
 
Doug,

Re:He succeeded.! In his profession that counts.

Agreed.

Canadians also pay an extra %age point in MERs to mutual fund managers compared to US fundholders.

Our marginal tax rates are above 50% in most provinces.

I guess we like transferring our wealth to those who have not earned it.

It hasn't yet dropped low enough for me to add substantially to my current position, but it's tempting.

Ian