OTCPK:MAUXF - Post by User
Post by
rrcool53on Jan 21, 2012 9:45am
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Post# 19430723
TFSA and Exit Strategy
TFSA and Exit Strategy So, I'm just curious if anyone else was fortunate enough to get their MMT shares into their TFSA over the last 4 years. I was lucky (smart ... lol) to get $6000 worth in mine in early 2010 and another $3000 worth this past summer. Needless to say, my TFSA has more than doubled from what we were allowed to deposit (4 years @ $5000/yr) and I'm just wondering what to do. I seem to be pretty good at buying the right stocks, but I'm a real loser when it comes to selling!! Two examples of my "I love this stock" errors are V.VMS (see 2008) and V.GQ (see 2011). I rode these both all the way up and all the way down. (fortunately I still own some FREE V.GQ shares) but as you can see, I've missed out on a substantial amount of profit by not selling. The 2012 RSP deadline is coming up (I have a ton of unused contribution room in there) and I'm also paying several 100's of dollars per month interest on a line of credit (3%, life insured and I write it off on my income tax). I already have V.MMT shares in all of my accounts (RSP, LIRA, TFSA and cash), so I guess what I'm looking for is either free advice (LOL ... any CGA's on here?) or a pat on the back (that doesn't sound right). I've never had this much money invested in a single stock and quite frankly I'm getting a tad nervous!! As a side note, I'm eligible for early retirement in 2 years.