GREY:SGGDF - Post by User
Comment by
Tibberon Aug 19, 2012 11:49am
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Post# 20235059
RE: RE: RE: RE: RE: sgx
RE: RE: RE: RE: RE: sgx The only way to realise a loss is to sell.
You could trasnfer the shares into an RRSP at the high, take a tax deduction, then swap it out fo the RRSP with another security when it drops. when it returns to the price when you transferred it to your RRSP, the after tax cost is lower.
but
What's the freakin' point. If you thinks it's going to tank, sell it and buy it back when it hits bottom. That will save you a ton of money in the long run and you won't have to pay your accountant.