MYM Nutraceuticals Inc MYMMF

Healthcare Drug Manufacturers - Major

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.

GREY:MYMMF - Post by User

MYM Nutraceuticals Inc

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Comment by betsonvalueon Nov 05, 2018 7:18am

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Post# 28922939

RE:RE:RE:RE:RE:RE:Itrade TFSA?

#1) don’t over contribute - they will tax you daily on overage

#2) don’t day trade; I would stick to 10-20 trades per quarter as a guideline

#3) don’t trade options inside TFSA

Keep those up and you should be fine. High risk that earns you a big winner is just as likely to cause you a loss. There is zero benefit to a loss in TFSA, therefore if you follow rules, CRA doesn’t have the right to tax your gain either (tax-free). By staying away from complex instruments like options, your defence becomes much easier... you were just a low tech trader that got lucky!

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