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Keyera Corp T.KEY

Alternate Symbol(s):  KEYUF

Keyera Corp. operates an integrated Canadian energy infrastructure business with interconnected assets and expertise in delivering energy solutions. The Company's predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage and marketing; iso-octane production and sales, and a condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Its segments include Gathering and Processing, Liquids Infrastructure and Marketing. Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products and separate the economic components, primarily natural gas liquids (NGLs). Liquids Infrastructure segment owns and operates a network of facilities for the gathering, processing, storage and transportation of the by-products of natural gas processing. Marketing segment is involved in the marketing of NGLs.


TSX:KEY - Post by User

Comment by SargeXon Mar 19, 2021 12:49pm
229 Views
Post# 32838595

RE:RE:RE:RE:RE:RE:RE:Take profit? Or hold..

RE:RE:RE:RE:RE:RE:RE:Take profit? Or hold..Hey bcsc

Thanks for the reply and for clarifying your opinion. I actually totally agree with you. I've been retireed for 8 years and my wife and I live off dividend income. My wife was stay at home so I always contributed to either my RRSP or a spousal RRSP. We have done very well with our investments and will be facing OAS clawback once we both convert to RRIFs. 

In hindsight, I wish I had stopped contributing to the RRSPs earlier. It bugs me a tiny bit (but not hugely) that the dividends and capital gains that were accumulating in the RRSPs will now be withrawn as income.

As an aside, I wasn't too impressed by Cheadle's post directed at. (see below). I obviously totally disa gree with him.

Take her easy 
   Sarge

His post:

Clearly you've never done your CFA Sarge.

Time value of money?  Compound interest?  Staggered withdrawals?

If it's your "Retirement" income and you only need a small amount to live on, it's in a very low tax bracket when withdrawing.  

Also many creative options to move money into non-equities still within the RRSP and buy real estate and various other 'usable' assets in retirement.

Such linear thinking.  Smarten up.


bcsc wrote: Hi Sarge,
Sorry for any confusion, my comment was not neccessarily directed at anyone or any post in particular, just adding to the topic in general. As you can probably tell I think we have been oversold on the wonders of RRSPs. However, as a newly retired self employed person (for the last 25 years), I believe the primary benefit is the fact that it induces one to save in the first place and makes withdrawls a hassle. I believe that is the biggest problem using TFSAs as a retirement vehicle, its far to easy to withdraw funds.

SargeX wrote: I'm not sure who you are directly this at. What I said was that if the stock is in a non-reg account, then you pay tax each year at a reduced rate because of the dividend tax credit. If it is in an RRSP, when you withdraw that dividend, it is treated as income and taxed at a higher rate.

bcsc wrote: Is it not a fact that by holding an equity that pays an elligible dividend in your RRSP that you are in fact paying tax each and every year since tax is paid at the corporate level and since you hold in a registered account you cannot claim the dividend tax credit ?

 




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