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  1. Replies
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    61,398

    I could afford to NOT lend them the entire $2...

    I could afford to NOT lend them the entire $2 Billilon dollars. I wish they had called me first. I would have dropped the set up fee down a few million as well. lol.
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    61,398

    One of the problems with this stock today is that...

    One of the problems with this stock today is that BNN was reporting that this new line of credit carried an interest rate of 22.5%. That was why I looked into the situation because it pretty much...
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    61,398

    There is no good spot. This is a classic run on...

    There is no good spot. This is a classic run on the bank. It does not need to be real. Perception alone will destroy the shareholder's investment. This bank will either go bankrupt or LOC like...
  4. Not sure my post was hostile. I could probably...

    Not sure my post was hostile. I could probably link you to one of my posts where I was being hostile and I am sure you would immediately see the difference. My points were valid but perhaps not what...
  5. If you do not even know where the account is and...

    If you do not even know where the account is and the person that does know will not tell you then you are fairly well snookered. No one here is going to know where it is.

    If you do find out where...
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    It's not that the CEO has a terrible track...

    It's not that the CEO has a terrible track record. It is that the CEO is a crook and that record is quite consistent. What he does is get investors to invest their money into his company. This is...
  7. If it were a zero sum game the index would equal...

    If it were a zero sum game the index would equal zero.
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    940

    The bank is correct.

    The bank is correct.
  9. Nothing above has anything to do with the...

    Nothing above has anything to do with the commissions. It may have a lot to do with your listing price and eventual selling price but the negotiations with the realtor for their commissions is a...
  10. Replies
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    1,303

    I am just answering the OP's question. I cannot...

    I am just answering the OP's question. I cannot say if they will give him a break or not. I wouldn't. How could I know that it is not a tax dodge? Because he says it isn't. Will they catch it? ...
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    What's inappropriate about it? The...

    What's inappropriate about it?

    The government is not going to differentiate between a tax strategy to dodge capital gains taxes and the OP intention to give a discount to his parents. Everyone...
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    The issue came to the forefront when they...

    The issue came to the forefront when they eliminated the ability for a married couple to designate two properties as their principle residence. I think they did that in the 80s. There was a big...
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    Be careful with the discount. This is a non arms...

    Be careful with the discount. This is a non arms length transaction and CRA will not like the discount at all. Any discount will reduce the capital gains taxes that you will owe. It won't be the...
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    If you feel pretty good about the investment you...

    If you feel pretty good about the investment you are about to make...it probably will not turn out all that well. If your hand is basically shaking as you click the mouse to buy more stock...you...
  15. Thread: mers

    by OptsyEagle
    Replies
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    539

    The important point is when did each dollar get...

    The important point is when did each dollar get invested, not when you started the account. So if you invested $10,000 by investing $9000 10 years ago and $1000 last year, the $1000 would still be...
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