Replies to post #19954 on Cannabix Technologies Inc (BLOZF)

[shell3]

Taxes is going to be a killing

Look into moving the max into a 401K that is a trading account

I believe you can move up to $25K into a 401K per year and in that account you don't pay Taxes until you take it out, Profits on flipping aren't taxed and can make a killing and also trading these Canadian stocks as Canadians do and they don't pay taxes on any trade, I believe these also flip but just about where the USA flip doesn't work because of the Taxes

If you have a work 401K account and say you put $10K a year there, then you have a max of $25K a year so another $15K could be put in a Trading 401K account, me I flipped $50K in my 401K Trading account to big bucks and have no tax on that money until I need some out - I'm also 59 and close to those being a cheaper tax when used or taken out

Hope that helps some but enjoy the Tax if your making money