Just a thought !!!
in response to
by
posted on
Jan 08, 2009 06:23AM
(Edit this message through the "fast facts" section)
This goes out to all APH investors on the north side of the boarder only. If you truely believe in the Alda story, as I do, then this collapse in S/P may have presented you with an opertunity. What I have done is, over Christmas, created a new Tax Free Savings Account (TFSA) with BMO. I had several trading accounts with BMO prior to the governments anouncement, and over the last 2 weeks transfered $5000 worth of APH from my open account to this new TFSA account. At this depressed S/P I was able to take aprox. 1/4 of my shares and made them tax free & capital gains free going forward. If Alda (and this is a big IF) is able to reach what I see as thier potential, this move could save you MEGA tax/capital gains costs in the future, and it does not cost anything but your time. Just a thought.... Lets try to reap some benefit from this meltdown - Paul