Telus Corp T.T

Alternate Symbol(s): TU

Communication Services Telecom Services

TELUS Corporation is a Canada-based communications technology company. The Company provides a range of technology solutions, including mobile and fixed voice and data telecommunications services and products, healthcare software and technology solutions, and digitally led customer experiences. Data services include Internet protocol; television; hosting, managed information technology and cloud-based services; and home and business security. Its TELUS technology solutions segment includes network revenues and equipment sales arising from mobile technologies, data revenues, healthcare software and technology solutions, agriculture and consumer goods services, voice, and other telecommunications services revenues. Its TELUS International segment comprises digital customer experience and digital-enablement transformation solutions, including artificial intelligence (AI) and content management solutions. It is also a cybersecurity provider specializing in advanced penetration testing.

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Telus Corp > Going to drop after June 10th , just watch

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Comment by Red_Deeron Jun 07, 2024 11:50am

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Post# 36077721

RE:RE:RE:RE:RE:RE:Going to drop after June 10th , just watch

Hey DIBAH__You Are CORRECT on ALL POINTS You Made

With Regard to MARGIN CALLS__Indeed One HAS TO BE CAREFULL
by NOT USING Any MORE THAN 40/50 % of Their BUYING POWER

And the INTEREST Rate Charged on a DAILY Basis VARIES a LOT Amongst
the Various BROKERS

BUT Gotta KEEP in MIND that 100% of MARGIN INTEREST is TAX DEDUCTIBLE
Thus 8% on Your MarginAccount Works Out to AROUND 5% AFTER TAX

Has Worked Out VERY WELL for Me the Past 4 Decades

Dibah420 wrote:
Jeb068 wrote: I have a margin account too but I don't know how to use it yet. I have $50 in it. How should i get started? Is it with rbc?

Most critical features of a margin account:

BUY decision is yours and yours alone.
SELL can be forced on you, when you least desire it.

Cheers

And those low/no charge brokers rely on interest charged in these accounts to survive/thrive.