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

To: keith massey who wrote (3087)	5/3/1999 7:06:00 AM
From: Buckey	Read Replies (2) \| Respond to of 4467

keith However if you have done the first steps of buying in th cash acct at 1.01 and selling to you RRSp at $2 - maybe you have piqude somebody's curiosity and you can then throw the offer of the RRSP stuff at 1.10??? OR if you are using two different brokerage houses - start the buying at 1.01 and step in up to 1.25 - the hoard would jump in - start an internet e-commerce deal rumour. Securties investigates you and you go to jial - BUT you still would have got the money out - LOL. I think I'll leave mine there

To: keith massey who wrote (3087)	5/3/1999 10:48:00 AM
From: VisionsOfSugarplums	Respond to of 4467

Hi, Keith. If you report your trades as capital gains, there's the 25% x tax rate advantage to how you're doing it on the extra cash you get out of your RSP. Not sure if there is another way. I used to swap out stocks that had a low inside bid, then typically sell at a higher price in the cash account and report it as a capital gain (25% advantage). I report my trades as income now, so this no longer works for me. I try to swap in stocks that have high potential for running (ex/Bid.Com) so that the gain is sheltered and then if I need cash outside my RSP, I just withdraw it or swap a long term. Nothing new here, I guess. Regards, t.