Sargex planning on holding BCE For Ever,,,,,,,,,,,,,,,Hey SARGEX__You Posted this__""My wife & I have owned BCE since May 15, 2009 and have absolutely no plans to trim any. It will get sold when we pass away.""
I am in the SAME Boat with YOU with ALL of My BUY & HOLD Holdings__Being the Vast
Majority of my Portfolio.
I Try NOT to THINK About IT__BUT Likely WILL Always CRINGE @ the MASSIVE Capital
Gain TAXES upon our passing eh !!!!!
And EVEN while still being Alive the NEW Alternative MinimumTax changes with regard to
Capital Gains and Margin Interest WILL Rob Me MORE starting this Year.
What REALLY Bugs me the MOST with regard to Capital Gain Taxation is that there is NO
RELIEF/CREDIT Provided for BUY & HOLD True Investors__Compared to the Short Term
Traders.
As Example__I Have Held TELUS ever Since the IPO, Fall of 1990, when AGT was Privatized
by the Alberta Government__So this October I will Have Had TELUS as one of my MAIN 2
Holdings for 34 YEARS !!!!
Thus over that LONG Time period there HAS Accumulated a LARGE Capital Gain__Basically
Making UP For INFLATION and Time Value of $$$$$.
So I Strongly Believe that It is TOTALLY UNFAIR for My Estate to Have to PAY a HUGE TAX
on the GAINS over Say 55 YEARS by Then__Compared to Short Term Traders
There Has GOTTA BE Some Sort of TAX Relief/Credit on Capital Gains over Such a LONG
Period__As MUCH of that Gain is Simply INFLATION and NOT ACTUAL REAL Gains !!!!