InvestorsHub Logo
Followers 18
Posts 1646
Boards Moderated 0
Alias Born 06/26/2014

Re: Kswies post# 10172

Tuesday, 11/23/2021 12:35:53 PM

Tuesday, November 23, 2021 12:35:53 PM

Post# of 10477
All capital gains generated in my TFSA (WealthSimple Trade commission free) account are tax free. Some have amassed over a million from a 15,000 initial investment. The CRA is following them at the moment because technically, their capital gains are legally tax free. It's another loop-hole in which one can gain wealth.

As for my TD trading account, I get taxed 50% of the capital gains in my tax bracket. Thus, I focus more on my TFSA account on CDN stocks (where I trade LAC) and use my regular trading account for US stocks (swing trades). All investments/dividends holdings are in my TD TFSA account.

I apologize for the off-topic but that is how I trade LAC, on the TSX side.

I use both Fundamental and Technical Analysis.
Opinions posted by me are just that, my opinion.
Buy/sell any type of financial security is the sole
decision of the individual. Make your own sound
judgement or consult a professional licensed
advisor.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LAAC News