There are tax credits. It boils down to an income that is generated from holding a stock which is better than just holding a stock. Not all dividends are created equal of course.
Wait for what? The price to go down. I'd rather sit in cash so I can buy if the opportunity presents itself
Wait for your apparent "capital gains" that is around the corner lol...you guys are the ones that brought it up. AND like you are going to return 75% on your cash trading lol.
It doesn't matter what they are taxed at lol...the point is that something is better than nothing. By your logic you will never sell for a capital gain to avoid the tax...eventually there will be an unrealized capital gains tax applied.
Taxes deferred by holding? You aren't deferring tax you are just delaying it. Eventually you will have to pay...the more you make the more you'll pay. Sure people can use an rrsp and "defer" to paying it when people retire and their income is lower...but wouldn't you rather retire with a higher income?
My logic is to let my winners run and cut my losses short. I hate dead money in my account. You probably don't make enough to worry about the tax implications. Unrealized capital gains LOL maybe you'll be able to write off your unrealized losses.
I retired years ago. My income comes from my speculating. RRSPs are overrated. TFSA is perfect for trading.
Let's not forget that OP does not believe in using stops. He's been blabbing about that for eons. Except your capital is down 90% and you would still be holding the bag because, that's right, you don't believe in the magic power of stop loss. Dude, stop this madness. You're already a jackass in many people's eyes. But you would be right up there with no other than Trump himself if you keep this up.