Lithium Americas Corp (LAAC)

[John-Knee]

TFSA account; Tax Free Savings Account. In Canada we are allowed 6000.00 a year and since inception, each person is now have approx 75,500.00 in TFSA. It’s outside of our RRSP (similar to 401K) but funds can be taken out (anytime) and put back in (following year) without penalty or taxed.

I use a commission free TFSA trading account and bracket trade LAC and other bunch of volatile stocks. I enter the closing price of each stock on a spreadsheet and it spits out the next day buy and sell prices. I enter my trades before market opens and see which gets hit at 4pm. The best part is when both sides of the bracket orders are filled on the same day. LAC is great with this process. My cash portion increases (with ACB per share adjusted, as I always keep some shares on hand) while the share number stays the same, and capital gained is tax free.