TSX:CHE.DB.E - Post by User
Comment by
TimeBuilder1on Oct 08, 2024 11:52pm
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Post# 36258826
RE:RE:Red
RE:RE:Red Banshee,
Never used ETF's for the same reasons as you stated. Dear..
Also NEVER used a Margin account based on our mental risk factors or our large Line of Credit (established in late 90's ) to be used as a safety net ..but Never used a penny. even thou my best buddy who has been direct market self investing since age 17 also has some OLD lovely paper share cert. he is now 79 & advised me to use up all the LOC and buy BCE etc. away back when it was first opened..reasoning. any dividends paid would be covered or off set by the interest charges at time ..that then could be also written off for CDN
investing purposes..Something to do with a taxation planning situation...Tax planning is not my strong suit but should be this late in Life....
A Interesting investment theory but never tried it in real life by this risk\ chicken.. he is a multi,multi milaire & still brings up the subject during our investment planning talks.. Getting late NOW.......
Good Night sweet dreams to ALL TB1