TSXV:SLX.P - Post by User
Post by
fabdaqon Mar 08, 2011 6:50am
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Post# 18249417
good tidbit on kids accts - otherwise skip
good tidbit on kids accts - otherwise skipHi Mineshack, kids are 17 & 19 (son is the oldest). I have their accounts in trust but am rolling them over into a tfsa in my name and my wifes which will really be theirs 5k at a time so they dont get nailed on taxes down the road (this tidbit is why im posting not inboxing). Over the holidays I was at the gpr store looking at silver bars and the kids became intrigued. They know what they own but I think actually seeing the bars fascinated them. At the time I added their birthday money I let them make the choice amongst several stox and they chose gpr. (ps not bragging its quite embarassing but just from my parents on xmas they walked away with $1900 much of that went into slx, and their birthday money was similar). GPR was at a high at the time but I think there are good things coming - I hope they start making it easy for the market to see just what a cash cow it can become. Anyway it worked out well. They also like looking at the book value of their slx versus market value. Yesterday I had FVI's chart on SH and I asked my daughter (who was asking about it) if she knew what Fortuna meant. She said fortune, I told her it means " lucky" as she is very lucky with her portfolio as I would say at least 50% of what I have bought for her has tripled and usually quite quickly. Anyway my apologies to the board if this was a useless post, which is why the header is what it is.