Quote:
Originally Posted by MonctonRad
Well, I'm gonna sell all my stock bearing mutual funds before the capital gains changes come into effect (still taking a tax hit), and doubling down on good solid predictable dividend paying vehicles like bank stocks for my retirement future.
Great for the banks. Not so good for start-ups looking for investors.............
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I mean do you plan on selling more than 250k in any given year? the impact would only be on gains above that. Unless you are planning on regularly realizing more than 250k in annual gains, I would probably just stick to the current plan.. if you know you have a large purchase coming up or something, just max the 250k realized gains for a few years in advance.