There are a few investment tactics for the year-end that consumers should be aware of.  If a certain person would like his investment transaction to occur in 2011, he has to make sure that he situates his trade on or before Dec. 23 because this is the final day for a trade on Canadian markets to guarantee that clearance happens in 2011.  If a different person is planning to withdraw from his tax-free savings account, this person should begin so in 2011 instead of early 2012 because the total withdrawn, though they can be included to his TFSA contribution, won’t be included up to the start of the calendar year succeeding the withdrawal.

Excerpt:

“We spent the next 15 minutes talking about year-end strategies for investors. He came to get his hair cut, and walked away with tax advice.

Original article can be found at:

http://www.theglobeandmail.com/globe-investor/personal-finance/tax-matters/year-end-investment-tactics-to-avoid-taking-a-haircut/article2246867/

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