TSX:BPO.PR.A - Post by User
Comment by
wynneron May 30, 2024 3:36pm
207 Views
Post# 36065051
RE:RE:RE:RE:BPO is HIGH Yielding and you're going to have Capital Gains
RE:RE:RE:RE:BPO is HIGH Yielding and you're going to have Capital GainsSONOFFERGUS wrote: Hey wynner.
I use "margin" to describe taxable trading accounts generally. Not keen on paying big rates or using leverage expect for timing differences. If I'm hanging around for a dividend or a price move, I can rationalize paying 8% deducted at 53% for 10% dividends taxed at 39%.
Ouch on the income trusts.
BPO sets up perfectly for you to monetize those losses. Good luck to you and all of us!
Oh yes. I forgot about the deduction . Same with all the trading costs. I do use the margin occasionaly.
I got burned on the "income trusts" after doing very well in them. I learned.
You can probably guess who I will NEVER vote for ever again. Not that there is any reason to.