AMD
- Thread starter Green11
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I think it probably is a double if you can wait 2-3 years. Another year before the semiconductor space rights itself and continues its growth.
I would choose NVDA over AMD. NVDA has more room to grow, and has partnered with many automakers for self-driving. Many more to follow.
At least buy both.
electrek.co
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www.fool.com
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At least buy both.
Lucid and BYD will use NVIDIA's DRIVE self-driving platform
NVIDIA announced two new automotive clients for their DRIVE self-driving platform, EV startup Lucid Motors and Chinese EV giant BYD. BYD will use the system in their next-generation vehicles, and Lucid revealed that they are already powering their DreamDrive ADAS system with NVIDIA’s DRIVE...
Better Metaverse Stock: Nvidia vs. AMD | The Motley Fool
Which one of these chip giants is a better bet on the metaverse?
AMD, Tesla and Amazon have the biggest Forward EPS forecast for 5years. Will they actually deliver? Market is starting to doubt all three. I own AMD and Tesla hoping both crash so I could buy more.
I know a guy who made a million on AMD stock. He bought at 7 bucks and sold at 150. His tax bill was gigantic.
I know a guy who made a million on AMD stock. He bought at 7 bucks and sold at 150. His tax bill was gigantic.
From my personal observations, I suspect the chip shortage is over and these is ample supply of chips because consumers have slowed buying to a trickle. I bought a Dell i7 desktop 12th. generation 12700 computer for $999 this summer during the Black Friday in August sale. This is an amazing price. If you want to confirm, wait till the actual Black Friday and see if you can find these high end computers for around $999.
I understand that the transit systems in Canada are operating at approx. 69% of capacity as compared to pre pandemic conditions. There are no sales in the stores. I was at two fast food restaurants this week at noon, KFC had no customers and Burger King had one that was leaving the counter as I arrived. I have not had a burger in almost three years, it was pretty good as the 5 member staff catered to my needs and I got a burger straight off the grill. The world economy will shake out over the next 2-3 years and it could be as long as 5-6 years before consumers will have confidence to spend. For now they will buy what they need and not much more.
As far as AMD is concerned, I do not think it will be doing as well as it did 3 years back. If you are a buyer, maybe it is better to wait for the short term dip to buy for a medium/long term hold.
I understand that the transit systems in Canada are operating at approx. 69% of capacity as compared to pre pandemic conditions. There are no sales in the stores. I was at two fast food restaurants this week at noon, KFC had no customers and Burger King had one that was leaving the counter as I arrived. I have not had a burger in almost three years, it was pretty good as the 5 member staff catered to my needs and I got a burger straight off the grill. The world economy will shake out over the next 2-3 years and it could be as long as 5-6 years before consumers will have confidence to spend. For now they will buy what they need and not much more.
As far as AMD is concerned, I do not think it will be doing as well as it did 3 years back. If you are a buyer, maybe it is better to wait for the short term dip to buy for a medium/long term hold.
Yes, you can. You can open a US dollar TFSA and buy the US stock, or they sell the Canadian version as well that you can buy in your Canadian TFSA.
I just looked into TFSA. It has a contributition limit. If you think you picked a 10x winner, as my friend who works in the industry thought at the time he dropped 100k into the stock to yield a million bucks, you will need that 100k TFSA limit if your goal is a million. TFSA is just 6000 a year. (55K USD total). Therefore, you'll need to buy it outside TFSA and therefore can't avoid that huge tax bill.
You can also use your RRSP account for tax deferred status. You can skillfully invest to avoid big tax bills.
Canadian dividends in a regular investment account, little to often no tax if you are in a low tax bracket.
2022 Personal tax calculator | EY Canada
Tax Calculators, 2022 Personal Tax Calculator
www.eytaxcalculators.com
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I was reading that if your trade count for the year is a certain number or greater, CRA thinks of this as employment and charges you marginal income tax on 100% of the gain instead of 50% of the gain.
Does anyone know what is that trade count? I try to keep my trades less than 5 a year but this year has been different due to rebalancing needed to buy some deals.
Does anyone know what is that trade count? I try to keep my trades less than 5 a year but this year has been different due to rebalancing needed to buy some deals.
I have heard of this also. I am not sure but I think if it resembles a business(maybe like a full time job),then it will be taxed as a business. Kind of a grey area. I would be very surprised if only 5 trades would be a problem.
Read this. It has all the rules:
7 Day Trading Rules in Canada | Simplified Investing 101
Day trading stocks, currencies, and other assets have become popular, especially since trading can be done online in the comfort of your home. Earning full-time…
simplifiedinvesting101.com
Rule #4: If you did more than 50 trades in a month, you will be classified as a daytrader, and all income will be taxed. It is illegal to daytrade in a TFSA.
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If we assume your friend didnt open that position as soon as he turned 18 (which is when the limit is the lowest), then he probably had enough in his tfsa to make that move. AMD didnt go from 7 to 150 like GME, it took almost 4 years, for long term plays like this, a tfsa is almost always the better way to go.
Theres no actual stated number, its all assumption. I think it moreso depends on account size to number of trades. When my tfsa was small Id make like 15 trades a week, never heard anything from the cra. Now its bigger and with the same amount of trades nothing has happened. I think you need to be doing a lot of trades with an account like 25m+ to get caughtRead this. It has all the rules:
7 Day Trading Rules in Canada | Simplified Investing 101
Day trading stocks, currencies, and other assets have become popular, especially since trading can be done online in the comfort of your home. Earning full-time…
Rule #4: If you did more than 50 trades in a month, you will be classified as a daytrader, and all income will be taxed. It is illegal to daytrade in a TFSA.
He dropped like 100k usd in a single day and held it. TFSA limits are accumulated over yearssss. He bought in 2016 and it was much lower limit back then.
