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Canadian Investing / Canada - RRSP Strat / Taxation


Subject:  Foreign content Date:  3/10/2000  8:59 PM
Author:  srmc Number:  454 of 1193

Apologies if this has been covered. I recently purchased a U.S. stock within my SD/RSP which accounts for about 22% of my relatively small portfolio.

My question is if I am very fortunate and the stock does well what happens if all of a sudden it accounts for 35% of my portfolio. What are the consequences? Would I have to increase my Canadian content to kep pace or is it based on my breakdown at the time of purchase.

Any help would be appreciated.

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