RE:RE:RE:RE:RE:RE:questinI cant' believe I have to come home from work and wade through this craps. Please take it private. I'm all for helping each other but have of the posts are this threat are WRONG including this one!!
The only money counted against your TSFA limit is what you transfer into your account!!! What you do with it after that means nothing! Further proof that half the people trading these days have no idea what they're doing.
BTW, I bought in today. Speaking of not what what they're doing!! Doh. I could have bought this at .09
Oh well, better late than never.
Anonxmas wrote: My understanding is every purchase is counted as part of your contribution. If you buy $1000, sell it for $1050, then buy it again for $1050, you've just used up $2050.
That is is how I interpret it. From memory, if you go over, you will pay a fine. I don't know what that is.
Anyway, that's all I can add. Speak to a financial adviser for advice. I am not an expert.
Ultimately, if you are using a TFSA or cash account and buying or about to buy here, it looks like you're doing good.