Which stocks in which accounts

[HaroldCrump]

I didn't realize you were referring to Canadian listed stocks only.
So the above constraint is not, after all, a huge big deal since the options market for most Canadian stocks are not worth the while anyway.
From that perspective, you are not missing much.
Sorry for the ramble.

[Toronto.gal]

It wasn't a ramble at all as OP was asking for both [though mainly CDN]. However, as he's a newbie, you will have likely confused him a little.

[MarkP]

eligible dividends have preferred tax-treatments in non-registered accounts & none of which applies to RRSP accounts.

I heard this argument before but it only applies to people in the lowest tax bracket (salary + gross up dividend) (which I mentioned in my 2nd post). FT can explain it better than I can so here's a link.

http://www.milliondollarjourney.com/...income-tax.htm


Note the date of the article, even though the information still applies today, the salary threshold have changed. Surprisingly, the threshold is lowered today than it was back then.

It seems like the reasons to invest in non-registered account requires you to be a specific situations, not for the typical beginner investor.

For example, capital losses can be used to offset gains. As well, capital gains and eligible dividends have preferred tax-treatments in non-registered accounts & none of which applies to RRSP accounts. Further, though tax-deferred until withdrawal & even with tax-credits, eventually one could end-up paying more taxes depending on one's tax-rate.

As I mentioned in my first post, tax loss harvesting (TLH) is a valid strategy, I prefer to do it with high risk stocks rather than stable dividend payers. In order for TLH to be profitable, capital gains + tax savings on dividend < capital loss.

Edit: Also keep in mind trading cost for TLH.