UnifiedOnline Inc fka UOIP

[rbd1]

Just for fun
In Canada I cannot invest a OTC stock in a registered account like Tax Free or retirement account so I have to keep my UOIP stock in my cash account

Upon a win, I convert to Canadian funds, I pay the capital gain and invest a large amount on a stock with high dividends like RBC ticker RY dividend is $0.94 quarterly.
Example 1000 shares gives me $940 4times /year
In my case let’s say I get one Million, pay about $250,000 in gains and I am left with 750K. Buy 5,000 RY shares for about $500,000 So 5,000 shares x 0.94 =$4,700 x 4 = $18,800 yearly and I still have $250,000 to play with