Comments on: Big Oil Merger, Sales Taxes and Weekend Reading http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm Building Wealth through Saving and Investing Thu, 18 Mar 2010 23:42:59 -0400 http://wordpress.org/?v=abc hourly 1 By: Dividend Growth Investor http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75604 Dividend Growth Investor Tue, 31 Mar 2009 14:17:47 +0000 http://www.milliondollarjourney.com/?p=842#comment-75604 FT, You could easily sell the shares. However, if you are confident that the deal would go through and the spread is worth it, why not play some merger arbitrage to get top dollar for your holdings? FT,

You could easily sell the shares. However, if you are confident that the deal would go through and the spread is worth it, why not play some merger arbitrage to get top dollar for your holdings?

]]> By: FrugalTrader http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75198 FrugalTrader Fri, 27 Mar 2009 15:54:09 +0000 http://www.milliondollarjourney.com/?p=842#comment-75198 Aman, approximately 5% of my portfolio will be SU after the merger. Aman, approximately 5% of my portfolio will be SU after the merger.

]]> By: CanadianFinance http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75194 CanadianFinance Fri, 27 Mar 2009 15:18:06 +0000 http://www.milliondollarjourney.com/?p=842#comment-75194 PCA was on my watch list for a Smith Manoeuvre. As SU, the dividends may not fit my plan. PCA was on my watch list for a Smith Manoeuvre. As SU, the dividends may not fit my plan.

]]> By: Millionaireby45 http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75191 Millionaireby45 Fri, 27 Mar 2009 14:47:09 +0000 http://www.milliondollarjourney.com/?p=842#comment-75191 I think it is crazy to have two separate taxes and I think it only makes sense harmonized them. At the same time, I think that they should reduce the harmonized tax by a few percent. This would result in some services/items having higher taxes and some having lower ones and hopefully on average the overall taxes that an individual would pay would remain neutral. I think it is crazy to have two separate taxes and I think it only makes sense harmonized them. At the same time, I think that they should reduce the harmonized tax by a few percent. This would result in some services/items having higher taxes and some having lower ones and hopefully on average the overall taxes that an individual would pay would remain neutral.

]]> By: Aman@BullsBattleBears http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75189 Aman@BullsBattleBears Fri, 27 Mar 2009 14:30:33 +0000 http://www.milliondollarjourney.com/?p=842#comment-75189 great links to look at! FT, when you say overexposed, what % of your portfolio would end up being SU shares? great links to look at!

FT, when you say overexposed, what % of your portfolio would end up being SU shares?

]]> By: Finance_Addict http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75187 Finance_Addict Fri, 27 Mar 2009 14:28:07 +0000 http://www.milliondollarjourney.com/?p=842#comment-75187 Based on SU isn't PCA trading roughly $3 dollars below it's eventual selling price? Would you want to wait for that small gap to close? Based on SU isn’t PCA trading roughly $3 dollars below it’s eventual selling price? Would you want to wait for that small gap to close?

]]> By: FrugalTrader http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75174 FrugalTrader Fri, 27 Mar 2009 12:46:04 +0000 http://www.milliondollarjourney.com/?p=842#comment-75174 Hey Reverend, PCA is held in my dividend portfolio, after the merger, I'm thinking that SU will keep it's low payout. In addition, I already own shares of SU in my RRSP and I don't want to be over exposed to the one company. Hey Reverend,

PCA is held in my dividend portfolio, after the merger, I’m thinking that SU will keep it’s low payout. In addition, I already own shares of SU in my RRSP and I don’t want to be over exposed to the one company.

]]> By: The Reverend http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75173 The Reverend Fri, 27 Mar 2009 12:37:02 +0000 http://www.milliondollarjourney.com/?p=842#comment-75173 Why are you thinking of selling your PCA holdings? Worries about the merger not going through and a share price impact (a la BCE)? Diversification issue? Why are you thinking of selling your PCA holdings? Worries about the merger not going through and a share price impact (a la BCE)? Diversification issue?

]]> By: Canadian Capitalist http://www.milliondollarjourney.com/big-oil-merger-sales-taxes-and-weekend-reading.htm/comment-page-1#comment-75171 Canadian Capitalist Fri, 27 Mar 2009 12:16:10 +0000 http://www.milliondollarjourney.com/?p=842#comment-75171 Thanks FT! Have a great weekend! Thanks FT! Have a great weekend!

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