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<blockquote data-quote="klein" data-source="post: 846988" data-attributes="member: 23950"><p>3 years ago, eh ? Then you are just at the break-even point !</p><p>You bought into it, as oil & gas were at it's highest, before the recession. Yup, good going. I guess it's time for you to buy more of them now, too. <img src="/community/styles/default/xenforo/smilies/frown.png" class="smilie" loading="lazy" alt=":(" title="Frown :(" data-shortname=":(" /></p><p> </p><p><img src="http://data.moneycentral.msn.com/scripts/chrtsrv.dll?symbol=CNQ&E1=0&LPR=2&C1=0&C2=5&D5=0&D2=0&D4=1&DD=1&width=612&height=258&CE=0&CF=0&palette=2&AF=2" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p> </p><p> </p><p>As for tax free, you as a foreign investor, buying Canadian or other foreign stocks thru an American broker, you are subject of paying the American taxes, if any, not those of the other countries !</p><p>I have Nasdaq mutual funds in US dollars for example. I don't pay capital gains taxes, (when selling), in the US !</p><p> </p><p>Also, we have what is called a yearly allowance of $5000 to invest or save into a "TFSA" (Tax free Savings account).</p><p>You can invest all of it, and never pay taxes on any gains. If that money does happen to 10fold to $50.000, it's all yours to keep (NO TAXES, no capital gains taxes , either).</p><p>If you don't put $5000 away one year, it will add up to $10.000 for the following year, or $15 K in 3 years, and so on.</p><p>So, we always have room to invest tax free , or collect tax free interest.</p><p>Something you can't benefit as a foreign investor though, because you are subject to your American taxes, not our rules/tax system.</p></blockquote><p></p>
[QUOTE="klein, post: 846988, member: 23950"] 3 years ago, eh ? Then you are just at the break-even point ! You bought into it, as oil & gas were at it's highest, before the recession. Yup, good going. I guess it's time for you to buy more of them now, too. :( [IMG]http://data.moneycentral.msn.com/scripts/chrtsrv.dll?symbol=CNQ&E1=0&LPR=2&C1=0&C2=5&D5=0&D2=0&D4=1&DD=1&width=612&height=258&CE=0&CF=0&palette=2&AF=2[/IMG] As for tax free, you as a foreign investor, buying Canadian or other foreign stocks thru an American broker, you are subject of paying the American taxes, if any, not those of the other countries ! I have Nasdaq mutual funds in US dollars for example. I don't pay capital gains taxes, (when selling), in the US ! Also, we have what is called a yearly allowance of $5000 to invest or save into a "TFSA" (Tax free Savings account). You can invest all of it, and never pay taxes on any gains. If that money does happen to 10fold to $50.000, it's all yours to keep (NO TAXES, no capital gains taxes , either). If you don't put $5000 away one year, it will add up to $10.000 for the following year, or $15 K in 3 years, and so on. So, we always have room to invest tax free , or collect tax free interest. Something you can't benefit as a foreign investor though, because you are subject to your American taxes, not our rules/tax system. [/QUOTE]
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