Post by
Alkor2024 on Dec 30, 2024 11:20am
Celi tax free saving account
On a tax perspective, on january 2, it is a good opportunity to switch 7000$ from your bomber shares in your unregistered saving account (taxable account) to your CELI tax free saving account
Comment by
bicente on Dec 30, 2024 11:26am
It depends if you are making profit .. Don't forget you will have to pay taxes from your gains in that cash account when you take out the shares ... GLTA
Comment by
vonSachsenanhal on Dec 30, 2024 11:58am
Yes, but it still makes sense if you're holding onto the shares for a while. In April 2026, you'll only pay the capital gain on the difference between your cost basis and the current price below $100. By that time, if bbd.b is $200/share, more than $100/share of capital gain will be tax free.
Comment by
squeezethem on Dec 30, 2024 11:28am
Better.... If you have a lost in other stocks it's better to sale now, and buy now at lower price if you have $$$$ available in your celi or on Jan 2 like you said. Carefull have your $$$$$ available in the celi account or it could be lock for a short period of time (not live trading).
Comment by
Letsmakemoredol on Dec 30, 2024 11:57am
I do that every year and have it bookmarked to do that on Thursday