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Bullboard - Stock Discussion Forum Brookfield Office Properties Inc T.BPS.PR.U


Primary Symbol: T.BPO.PR.A Alternate Symbol(s):  T.BPO.PR.P | BKEEF | T.BPO.PR.R | T.BPO.PR.T | BKAAF | BRPPF | T.BPO.PR.W | BKOFF | T.BPO.PR.X | BRKFF | BRPYF | T.BPO.PR.Y | BROAF | T.BPO.PR.C | T.BPO.PR.E | T.BPO.PR.G | T.BPO.PR.I | BROPF | BOPPF | T.BPO.PR.N

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City... see more

TSX:BPO.PR.A - Post Discussion

Brookfield Office Properties Inc > Common Sense would tell you to Leverage your TFSA as much as
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Post by CrazyTrader on Apr 30, 2024 6:50am

Common Sense would tell you to Leverage your TFSA as much as

you can.   Anything you earn in it is TAX FREE!!!!    You grow this account as quick as you can.   You roll from one BIG winner to Another and Another and Another.   You account grows exponentially.

2, 4, 8, 16, 32, 64, 128, 256, 512, 1024, 2048, 4096, 8192, 16384, 32768, 65536, 131072, 262144, 524288, 1048576, 2097152, 4194304........

Some people can not see too far in the future.   So going from 2 to 4 doesn't seem much of a big deal.... 

But, just starting off from $2.00 only, if you can double it in a trade and repeat it over and over, you see what happens later.  In one trade you can be making Millions  TAX FREE!!!!    I hope to be doing that very soon. 

While there are 100%ers all the time out there, even 200%er, 300%er, 400%er and more all the time, it only takes one mistake to set you back.   It's not easy.  But it's worth trying!!!

Similarly with your RRSP account.  Sure, you have to pay the taxes when you take the money out, but you First SAVE on Taxes any money put into it.  Second any money made in it is "tax free" until you take it out.  Third, you can use that SAVED TAX Money that you would otherwise have to pay to the government and use it to make more money.  Fourth, you don't have to pay taxes until you take the money out way way way into the future.    Time value is very important.    Fith, if you lose money in your trade, you take down the tax many with you.    

Hope to be making MILLIONS ABSOLUTELY TAX FREE soon.  

All just my opinion/view/thinking/doing
Comment by SONOFFERGUS on Apr 30, 2024 4:13pm
CRAZY, "common sense" has a common meaning, and this ain't it. I hope you're young so you can recover from a wipeout.
Comment by pierrelebel on Apr 30, 2024 4:45pm
Unfortunately SONOFFERGUS you are wasting your time with someone who thinks it is "common sense" to have a margin account for a TFSA to add leverage to your investment, someone who does not believe in diversification. Brokers and banks will NOT allow it because it is against the law. TFSA is simple to understand.  You make a yearly contribution (currently up to $7,000; was $6,500 ...more  
Comment by SONOFFERGUS on Apr 30, 2024 5:31pm
Agreed! I do put some fliers in my TFSA though, weighing the risk of non-deductible loss against the potential for non-taxable gain.  Obviously this is not a good idea for those who are relying on the $$$.
Comment by CrazyTrader on Apr 30, 2024 6:53pm
Pierre, you really can't "understand" do you.   You need things CRYSTAL CLEAR for you to understand.   Even then, just like my examples on exponential growth of TFSA, it's Crystal Clear, but for you, it's still clear as mud. There's no such thing as a Margined TFSA.....  When I say Leverage your TFSA, that's in terms of RISK.    ...more  
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