Comments on: Head For The Border http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/ Investing Online Made Easy Sat, 07 Nov 2009 04:49:15 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Airelon http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/comment-page-1/#comment-36118 Airelon Mon, 17 Dec 2007 13:29:23 +0000 http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/#comment-36118 The day I put my hard earned money into a socialistic country, will be a cold day in blazes. The day I put my hard earned money into a socialistic country, will be a cold day in blazes.

]]> By: Brandon http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/comment-page-1/#comment-35806 Brandon Wed, 12 Dec 2007 18:28:23 +0000 http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/#comment-35806 I meant Karl, sorry man :oops: I meant Karl, sorry man :oops:

]]> By: Brandon http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/comment-page-1/#comment-35805 Brandon Wed, 12 Dec 2007 18:27:47 +0000 http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/#comment-35805 Wow solid read Kyle! I never really looked in the CA banking market, that is some very tough barrier to entry! It would be interesting to know how many US citizens/investment groups have sizable stakes in those 6 banks you mentioned. Wow solid read Kyle! I never really looked in the CA banking market, that is some very tough barrier to entry! It would be interesting to know how many US citizens/investment groups have sizable stakes in those 6 banks you mentioned.

]]> By: Nabloid.com http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/comment-page-1/#comment-35635 Nabloid.com Mon, 10 Dec 2007 08:43:01 +0000 http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/#comment-35635 I also forgot to mention, due to our big surplusses our taxes are being lowered each year and things continue to look better for us in this material world (which we own many of the materials). We do more considerably more trade with the US than China does and China has 1,300 million people slaving away... we have a mere 35 million people. I also forgot to mention, due to our big surplusses our taxes are being lowered each year and things continue to look better for us in this material world (which we own many of the materials).

We do more considerably more trade with the US than China does and China has 1,300 million people slaving away… we have a mere 35 million people.

]]> By: Nabloid.com http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/comment-page-1/#comment-35634 Nabloid.com Mon, 10 Dec 2007 08:38:03 +0000 http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/#comment-35634 Some of the banks did put thier money into sub-primes, but our bank industry is much different and the big six are more likely to do very well (and if they don't, they'll get bailed out), so investors and owners of the stock can relax a bit (at least in comparison to those risky yankees :mrgreen: ). That said, I did find one error in your article. While our personal taxes are rediculously high and a big hinderance, our corporate taxes are set to drop to 15% by 2012 and we will have the lowest corporate tax rate out of the entire G7. Oh, and investing in Canada kicks butt cause its one of the largest countries on earth with tons of resources... and our government has SURPLUSSES and is PAYING DOWN DEBT while the rest of the industrialized world is being mortgaged away. Some of the banks did put thier money into sub-primes, but our bank industry is much different and the big six are more likely to do very well (and if they don’t, they’ll get bailed out), so investors and owners of the stock can relax a bit (at least in comparison to those risky yankees :mrgreen: ).

That said, I did find one error in your article. While our personal taxes are rediculously high and a big hinderance, our corporate taxes are set to drop to 15% by 2012 and we will have the lowest corporate tax rate out of the entire G7.

Oh, and investing in Canada kicks butt cause its one of the largest countries on earth with tons of resources… and our government has SURPLUSSES and is PAYING DOWN DEBT while the rest of the industrialized world is being mortgaged away.

]]> By: Paul http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/comment-page-1/#comment-35624 Paul Mon, 10 Dec 2007 02:07:25 +0000 http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/#comment-35624 Don't forget to buy Coventree (COF). That Canadian financial is on fire! Don’t forget to buy Coventree (COF). That Canadian financial is on fire!

]]> By: Aaron http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/comment-page-1/#comment-35623 Aaron Mon, 10 Dec 2007 01:47:03 +0000 http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/#comment-35623 In looking at the history of some of the Canadian banks it appears that they have proved to be a very good investment. Nice dividends paired with nice capital appreciation. In looking at the history of some of the Canadian banks it appears that they have proved to be a very good investment. Nice dividends paired with nice capital appreciation.

]]> By: My Trader's Journal http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/comment-page-1/#comment-35604 My Trader's Journal Sun, 09 Dec 2007 19:44:27 +0000 http://www.stocktradingtogo.com/2007/12/08/head-for-the-border/#comment-35604 Next thing you know you are going to tell me Canadians aren't raising comedians to take over the world, wait Candadians already did that. On the sub-prime side, our loans in the US require mortgage insurance if you don't put down 80%, BUT you can get a "piggy-back" loan from another lender to cover the remainder at a much higher rate. We did that on our first house and ended up putting down only 5% in the end. After the house appreciated, we refinanced and had 20%+ equity with only one loan. Next thing you know you are going to tell me Canadians aren’t raising comedians to take over the world, wait Candadians already did that.

On the sub-prime side, our loans in the US require mortgage insurance if you don’t put down 80%, BUT you can get a “piggy-back” loan from another lender to cover the remainder at a much higher rate. We did that on our first house and ended up putting down only 5% in the end. After the house appreciated, we refinanced and had 20%+ equity with only one loan.

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