Post by
Red_Deer on Oct 14, 2024 2:46pm
RE:RE:Margin
Oh and ONE MORE Bonus QUINT__Would BE the DIVIDEND TAX CREDIT__Which
Further REDUCES Taxes and Improves the MERITS of MARGIN Buying eh !!!!
Comment by
Quintessential1 on Oct 15, 2024 8:12am
Yeah because those buying off margin aren't getting the dividend tax credit...right...eh? If the OP is reading this I think red would like to point this out as a plus for buying on margin. ;-) GLTA
Comment by
Red_Deer on Oct 15, 2024 12:19pm
Hey QUINT__I Was Referring to ONLY the EXTRA Dividends Gained by MARGIN BUYING as This DOES Enhance the AFTER TAX Results of Margin vs NO Margin. I HAVE BEEN Taking FULL ADVANTAGE of THIS For MANY Decades__THIS WORKS !!!!!
Comment by
Quintessential1 on Oct 15, 2024 6:55pm
Yeah so share it with the OP red. I wasn't asking. GLTA
Comment by
Red_Deer on Oct 15, 2024 11:05pm
Hey QUINT__I AM an Acronym DUMMY__So WHAT Does ""OP"" Mean eh ???
Comment by
Quintessential1 on Oct 16, 2024 8:40am
Well gee Red I thought you knew everything eh! ;-) OP means original poster and the acronym is about as old as online billboards or in stock house's case bullboards. BTW the info you provided is true and should be taken into account by the OP but so should the risk. Just for arguments sake do you own BCE on margin Red? GLTY and all
Comment by
Red_Deer on Oct 16, 2024 12:33pm
Hey QUINT__Currently do NOT Have ANY Bell__My TELUS and DOMAN Are My TOP Holdings__Providing the BULK of My Margin BUYING POWER. Right NOW I am Using ONLY 30% of My Buying Power__Thus VERY Risk Free eh
Comment by
Quintessential1 on Oct 16, 2024 6:41pm
Right NOW I am Using ONLY 30% of My Buying Power__Thus VERY Risk Free eh So you're saying buying on margin is risky red? GLTA
Comment by
Red_Deer on Oct 16, 2024 10:37pm
Hey QUINT__INDEED Using 100% of the BUYING POWER Would Be VERY RISKY !!! BUT the LEVEL of RISK Can BE MANAGED__Just STAY BELOW 60% of Your Buying Power__AND Anchor the Buying Power on Holdings that Are NOT Very VOLATILE
Comment by
Quintessential1 on Oct 17, 2024 5:44pm
In other words...be careful? Good advice! ;-) GLTA
Comment by
Red_Deer on Oct 17, 2024 10:32pm
Hey QUINT__""Be CAREFULL"" is NOT the CORRECT Verbage. Just Be DISCIPLINED and NOT EVER Make EXCESSIVE USE of Your Margin BUYING POWER. Like I POSTED__30 and EVEN 40 % Utilization of Buying Power WILL BE VERY Risk FREE__But NOT If You DOUBLE UP to 60 and 80 % !!!!!
Comment by
Quintessential1 on Oct 18, 2024 10:22am
Ok red LOL. Hey OP, BE DISCIPLINED and not careful. ;-) GLTA