Seen a few posts on TFSA's latel; here's a thought for those waiting more days

If I read the the TFSA rules correctly you can transfer stocks fom your cash acct to your tfsa acct.

Meaning you don't have to wait til Jan 1 to buy $5500.00 more. [2012 is supposed to allow $500 increase but have not seen it posted by Rev Can]

Today $5500 could have got you 2800 sh @1.92 . Suppose Jan 2 the SP is 3.00[???] On that day you can xfer approx. 1800 shares to your TFSA from a cash acct. This will trigger a capital gains tax from that sale.

IMO the bonuses are you still retain the extra shares in cash acct. while picking up the cheap shares and support SLI share price. Remember its tax loss selling season and for other reasons people see a crunch they will sell good assets to get cash.Those extra thousand shares could end up being worth __??

Of course each institution or brokerage probably has a way to screw you up on this and may not work easily at your particular one

longtime reader, seldom poster so it's a good chance to say thanks much to our board and others for all the input.Where will everyone spend all their time after agoracom.

Au1