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aznl3oi 07-19-2011 07:38 AM

Can anyone help me with tfsa details?

-So i know the deposit cap is $15,000 or $5000 each yr for so far 3 years.
-capital gains from trades are not taxed

so say, i made a capital gain of 5000$ and ended up with an ending balance $20,000. Can i then use all of the $20,000 asset to trade again?

highfive 07-19-2011 07:51 AM

^ Yes. Nothing is taxed within your TFSA. Even when you withdrawal it. The only drawback is that you cannot put back what you withdrawal in the same year until the following year.

CUU is doing well. Hopefully we are back over $2 soon.

aznl3oi 07-19-2011 07:54 AM

Quote:

Originally Posted by highfive (Post 7516536)
^ Yes. Nothing is taxed within your TFSA. Even when you withdrawal it. The only drawback is that you cannot put back what you withdrawal in the same year until the following year.

CUU is doing well. Hopefully we are back over $2 soon.

so wait if i had $35,000 and i withdraw 15,000 and end up with 20,000 in the TFSA. The following year (jan 1st?) i can deposit the 15,000 i withdrew plus another 5000 for the new year?

thanks!

4444 07-19-2011 09:19 AM

Quote:

Originally Posted by aznl3oi (Post 7516537)
so wait if i had $35,000 and i withdraw 15,000 and end up with 20,000 in the TFSA. The following year (jan 1st?) i can deposit the 15,000 i withdrew plus another 5000 for the new year?

thanks!

just google it - and no, i don't believe that is what you can do, the TFSA is made for investing, not taking out money gained and then reinvesting when you fancy, but again, google it, i'm sure hte CRA has some bullitten about it

highfive 07-19-2011 09:26 AM

Making withdrawals

Read example 2.

xpl0sive 07-19-2011 10:30 AM

TRE is up 18% again today. great money maker with no news lol

SiRV 07-19-2011 10:35 AM

Gonna get in on some of that nex time it dips below 3.3
Posted via RS Mobile

xpl0sive 07-19-2011 10:48 AM

w00t might just hit 4.50

strykn 07-19-2011 11:21 AM

US markets great today :)

highfive 07-19-2011 11:51 AM

Last 10 mins. Do you think there's going to be a pop for CUU? $1.83 as we speak.

shawnly1000 07-19-2011 12:14 PM

Quote:

Originally Posted by highfive (Post 7516732)
Last 10 mins. Do you think there's going to be a pop for CUU? $1.83 as we speak.

I'll take the 1.83 close

shawnly1000 07-19-2011 12:35 PM

Wish I had bought some AAPL calls

9.25 mln iPads, 20.43 mln iPhones 3.95 mln Macs, 7.54 mln iPods sold in Q3, $7.79 vs $5.80 EPS estimate Revs $28.57 Billion vs $24.92 billion estimate

F-ing insane

no_clue 07-19-2011 12:43 PM

Anyone know what caused FEED to drop 5% today but gain back 3.75%?
Also, anyone thought about GAME and GA? Chinese MMO game makers.
tempting, both have good stats

4444 07-19-2011 12:43 PM

looking forward to the conference call on that one - AAPL is a giant, that just can't seem to do anything wrong (for now)

shawnly1000 07-19-2011 12:51 PM

North of 400

highfive 07-19-2011 12:56 PM

Quote:

Originally Posted by no_clue (Post 7516776)
Anyone know what caused FEED to drop 5% today but gain back 3.75%?
Also, anyone thought about GAME and GA? Chinese MMO game makers.
tempting, both have good stats

After gaining 30% in the past what 5-6 trading days, I think it's profit taking.


AAPL is fucking crazy...$2 over estimate!! how the fuck do you do that?

Even at this price, they are still trading at the teens P/E. Compare it to google, AAPL is cheap.

Apple now has $78 billion of cash in the bank. That's more than all of Goldman Sach's market value of $66 billion. LOL
Apple tripled its revenue in Asia from $1.8B to $6.3B. That's just the beginning.

SiRV 07-19-2011 01:19 PM

I know it's a bit far away relatively, but how do you guys feel about the American debt ceiling conflict? How do you think their decision will affect the markets?

highfive 07-19-2011 01:29 PM

Quote:

Originally Posted by SiR_vfung (Post 7516823)
I know it's a bit far away relatively, but how do you guys feel about the American debt ceiling conflict? How do you think their decision will affect the markets?

A Historical Perspective on U.S. Debt - Seeking Alpha A good article about the US debt problem. During the 40s, US debt has surpassed GDP. Right now, US debt is like 90%? of GDP? I don't think it'll be an issue to increase the debt ceiling, but I'm afraid the politicians will use this as a weapon politically instead.

no_clue 07-19-2011 02:44 PM

Quote:

Originally Posted by highfive (Post 7516798)
After gaining 30% in the past what 5-6 trading days, I think it's profit taking.


AAPL is fucking crazy...$2 over estimate!! how the fuck do you do that?

Even at this price, they are still trading at the teens P/E. Compare it to google, AAPL is cheap.

Apple now has $78 billion of cash in the bank. That's more than all of Goldman Sach's market value of $66 billion. LOL
Apple tripled its revenue in Asia from $1.8B to $6.3B. That's just the beginning.

I think apple will go to $500 but I can't afford too many shares of apple :(

Jermyzy 07-19-2011 05:26 PM

When will AAPL start paying dividend? :p

Also, they always blow away their estimates...but their own estimates are always so low (e.g. lower than the consnesus estimate) !

shawnly1000 07-20-2011 06:33 AM

ROFL CUU just hit 1.95....pretty damn good call for those that said it'd hit 2.00 on Wed

blkgsr 07-20-2011 06:39 AM

2.02 go baby go...

aznl3oi 07-20-2011 07:54 AM

lol damn look at that spike to 2.02. shorts covering?:haha:

and wuts up with tre? up 14% today?

SiRV 07-20-2011 08:11 AM

tre up ~14% yesterday and today on no news... CUU up 7-8% yesterday and today on no news..... :okay:

xpl0sive 07-20-2011 08:21 AM

TRE news:
Billionaire Chandler Increases Sino-Forest Stake to 11% - Bloomberg


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