Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s): CNDCF | T.BK.PR.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

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TSX:BK - Post Discussion

Canadian Banc Corp > Success must be punished

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Post by EdPaquette on Apr 15, 2023 8:06pm

Success must be punished

https://www.thestar.com/business/2023/04/12/business-or-tax-free-savings-account-day-trader-who-ran-up-15k-to-617k-in-his-tfsa-ordered-to-pay-taxes.html

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Comment by Investability00 on Apr 16, 2023 10:13am

He is a professional investment guy, not like me. To most people it is like gambling. I don't feel sorry for him at all!!!

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Comment by Kadiddelhopper on Apr 16, 2023 1:13pm

With the skill of making money he should be awarded THe Minister of Finance..federally... Canada needs more of that skill, but sadly, we tend to be jealous and punitive in addition to highly judgmental of success by Individuals in particular. Never mind... he will do alright and a whole lot better than most if not all the commenters on this and other Boards., me includede. But I do applaud ...more

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Comment by silverbear46 on Apr 18, 2023 12:10pm

He should be awarded the Order of Canada. He will most probably be head hunted by a US Hedge Fund with a 6 figure signing bonus. Hell... they will even provide him with a green card to ease his transition.

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Canadian Banc Corp