Destiny Media Tech Inc (DSNY)

[BlueSkyMining]

I'm tempted to trade it but I don't see any patterns yet with the new infusion of investors and also fear missing a big bump that I'm expecting.

In Canada, we have a new savings vehicle that essentially is the opposite of the RRSP. It's been around since 2009 and allows contributions of $5,000.00 per year or equity equivalents (moved up to 5,500.00 now) and can be withdrawn once per year without any penalty or tax charged. The following year you can add the amount withdrawn the previous year plus the allotted $5,500.00 and you keep going from there.

I love it because I've put all DSNY in there and made some impressive % gains to this point without having to pay any capital gains taxes when I withdraw it. A bonus is that as long as I don't withdraw it and buy sell in the TFSA vehicle, I can do it without ever worrying about figuring out and paying capital gains.

I think one of the reasons the govt enacted this savings model was to have investors hesitate from moving money to offshore tax havens!?