High Tide Inc V.HITI

Looks trendy

[Oldngrouchy]

Raj is steam rolling
https://weedmaps.com/news/2020/09/everything-you-need-to-know-about-a-daily-high-club-subscription/

[Ronbromleygross]

Am I missing something oldncriuchy?  I don't see anything related to high tide in the link? Ron

[Oldngrouchy]

Morning Ron.  Older article on new acquisition.  After reading peaked my interest in box subscription concept.   I don't smoke myself but looking to buy subscription for brother in law, who would love this. More of a edible or beverage guy myself.     Great web site....brilliant move by Raj and team.   When I'm buying the product it gives me great

[Ronbromleygross]

Oh I see Great and nice to know. Yeah one of the smartest "investing and tax avoidance"  moves one can make is putting Hiti stock in your TFSA and just letting it ride.   You do not want to be putting a safe and reliable blue chip dividend paying stock in your TFSA.  That is insane to do so.  You need to put a good solid growth stock in there that has the

[Oldngrouchy]

Agreed Ron.   Holding 17,666 positions and averaged in at $ 5.10 cad.    I'm breaking all my rules on this one.  Usually if I get a double I'll peel back half and reinvest back into my conservative old man stocks and let the other half ride.  Funner playing with the dealers money.    I am comfortable being a pig on this one and will wait for an easy 4 x

[techstocks22]

This post has been removed in accordance with Community Policy

[BigBagofWeed]

Be careful NOT to do too many trades in your TFSA  account Canada Tax Regulates that you are not allowed trades in these accounts but I have done some and had no problem.  I have kept my 5K Shopify and Lightspeed shares and sold on sthe highs and rebought on the lows but not touching anymore because they nare on a bull run right now. This is to pay for my grand kids university education

[BigBagofWeed]

Forgot to say my friend was warned about trading in his TFSA accounts, but I haven't. Maybe he was doing too many above tolerance levels.

[Oldngrouchy]

I hear ya big bag.  You can trick the tax man by not day trading. Safer but to each his own.    we all have different strategies depending where we are in life or position we are in.  I wasn't blessed with the golden pention  so need to survive on my investments.   When you live off your dividend plays it's important to do two things.  Never spend more