Taseko Mines Ltd T.TKO

Re Re Re Re Re Inflation will destroy demand

[copperminer]

Again the taxation issue. You cannot predict 40% on your stocks. If you are going the capital gain declaration, it works like this. On a $100,000 profit, 1/2 is free on board, and the other half is added to any other income as earned income, and taxed at whatever bracket your total income from all sources finds itself in.

The risk here is that if you have been a heavy trader, and used the resulting profits for lifestyle, the government has the option to challenge the capital gains exemption and declare you a commercial trader in the business of profit, and tax all your gains as earned income.That cuts deep into FishZillion land. It's probably too late to be careful re all your trading swings you publicize

The only way to invest in bagger stocks is in the TFSA, trade seldom, never take money out for big lifestyle items. Remember, Mr. Trudeau hates the TFSA, and loves the RRSP, there's a reason for that. Those who know the rules, fare the best.

[Fishbillion]

This post has been removed in accordance with Community Policy

[nofluff]

The point about trading in cash account is simply that one does not need money laying around to bid. One can bid up to the amount of account value. If one has room in rsp or tfsa, the cheap buys can b transfered in.  The gov. has on record all stock market transactions no matter what account. 40% cap gain is more than most people pay for business or ict. If one does not have access to cash

[JCSunsfan]

The US side is a completely different animal.  40% of the top in Biden's plan. 

[nofluff]

Interesting day. Just got my 1rst complete fill. Another bid at 2.75. I think I will get them. Ame and bwcg up good this morn. This is one tough stock to get down to 100 thousand shares:)) Happy guessing. nf