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Message: TFSA

Re: TFSA...Points of In terest

in response to by
posted on Aug 17, 2009 05:25PM

..because PP have a four month hold , the share certificate once you receive them, will have to be deposited into your trading account. Notify your Institution once the share hold is lifted ( 4 months ) and the share s can be dposited at the trading price of that day to a maximum of $ 5000...One can also swap shares between the two accounts, say you have a gain ( SKP ) on a stock in your TFSA and so you sell the SKP and then tax money $ 5,000. is used to swap ( cash ) for your PP shares at market value..One can also swap shares for shares, if you have a tax loss carry forward you would transfer the gain ( SKP ) to your PP shares at the value of that day . I guess one has to look at different perspectives the day you decide you going to do this..To-day if you were to transfer COU shares your price would be .09 cents. WOW looking at blue sky down the road. Long On The Greens,.Traps7

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