View Single Post
Old 08-17-06, 03:18 AM   #10
Tha .Q
I'm Talented.Period.
 
Tha .Q's Avatar
 
Posts: 4,891
From: MD
IP:

Quote:
Originally Posted by Phenom-in-all
if its the same in the states as it is in canada - I would invest in a way that doesn't involve tax implications AT ALL. This can be done numerous ways, as conservatively or as aggressively as you want. (GICs, Bonds, Mutual Funds, Stocks) You do NOT want to be dealing with tax penalties, which in some cases cost more than the profit you will make from some very aggressive investing. (meaning, you might as well put the money in your piggy bank) word.

1



^^Yea...thanks...Imma sit down and talk with the financial guy today and devise a plan...

I heard some of those tax penalties can run over 10%...NO WAY!




And REV...yea...u know I plan on sellin home boy...esp. since the area it'll be in won't be far from the new National's stadium, which they won't be done with until after next year some time...or around that time...As far as the offers go, a few were 15 year while some were 30 year mortgages...6% Interest rate. DUnno how good/bad that is yet until I compare and talk to other people who've bought property.
Send a message via AIM to Tha .Q   Reply With Quote