RE:RE:Picked up some of this garbage at 30 cents and sold at 39 gags wrote: bruiser56 wrote: on the pump and dump. 24k profit. That's how its done rookies.
Less taxes of course...we all know you can’t flip within a TFSA...furthermore, the capital gains exemption does not apply as its considered business income.
1- When guys like him throws big numbers like this without calling it first, I don't beleive them.
2- You can flip on a TFSA account. As long as you don't flip each day all year long, no taxes.(even if you make big money) If you have a day job they can't proove it's a business anyway, because it's not full time trading.