TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Apr 30, 2024 7:06pm
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Post# 36016153
Whatever..... hopefully I'll be hitting a Million in my TFSA
Whatever..... hopefully I'll be hitting a Million in my TFSAsoon.... Meanwhile, Pierre and Sonoffergus playing with GICs in their TFSA.
Yes, Sonoffergus, there's a chance my TFSA gets wiped out. In fact, I've been wiped out before, a few times. But it doesn't take long to come right back up. You leave a tiny amount of cash in your TFSA, so if you do get wiped out, you are not at ZERO. You can't double ZERO. If you do go to Zero, you have to wait till new year to begin again.
Is BPO going to Zero? I don't think so. I think my chances of 100% are much much greater than going to Zero.
And that's why BPO is in my TFSA.
Just flip it around, use your TFSA and RRSP for High Risk investing..... Margin account for "SAFE" investing. Again, added bonus is if you lose in RRSP you take down the TAX MAN also with you.
All just my opinion/view/thinking