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Thread: DRIP'ing and taxes!

  1. #11
    Senior Member
    Join Date
    Sep 2009
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    Ont.
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    484
    No to Synthetic drip


  2. #12
    Senior Member Toronto.gal's Avatar
    Join Date
    Jan 2010
    Posts
    4,112
    Quote Originally Posted by Sampson View Post

    1. Taxes are easy because I don't sell often.
    2. Keeping tabs of ACB is not complicated, and really doesn't take much effort.
    1. Exactly! I don't DRIP what I plan to sell in near future & mostly do so with companies I'll be holding/participating in the optional stock purchase for 20+ years.
    2. +1. All it takes is a bit of organization [monthly or quarterly]. I dedicate one morning every 3 months.

    “Simplicity is the ultimate sophistication.”

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