Post by
aea257 on Apr 21, 2015 5:43pm
TFSA increase
I wish this would have come through before the warrants came due. Now I'll have to see if I can transfer shares from my RSP into my TFSA.
This increased limit could spark a few sales and SP increase.
Comment by
woundedknee on Apr 22, 2015 6:38am
You'll pay tax on any amount taken out of your rrsp. Why not use a line of credit. It may be better with int. rates so low. Everyone has a different situation. gl
Comment by
ekim on Apr 22, 2015 9:22am
That is my plan, Another 9k hit on the loc. Can easily pay the interest charges, just take a couple of years to paydown the principal and in the meantime come up with another 20k in jan....yikes. ekim