Comments on: Ontario’s HST (Harmonized Sales Tax) Might Mean Mutual Funds Cost You Even More http://www.getmoneyenergy.com/2009/10/hst-harmonized-sales-tax-mutual-funds-investments/ Canadian Dividend Stocks and DRIP Investing for Dividend Growth and Cashflow Sat, 06 Aug 2011 12:18:12 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Mutual funds investment http://www.getmoneyenergy.com/2009/10/hst-harmonized-sales-tax-mutual-funds-investments/comment-page-1/#comment-3890 Mutual funds investment Fri, 15 Oct 2010 06:24:09 +0000 http://www.getmoneyenergy.com/?p=2610#comment-3890 Mutual fund is that type of investment in which investors invest thier money in stock, bond, money market instrument and other type of securities. It is not an alternative option to stock and bond. We can compare mutual fund as buying a small slice of big pizza. The owner of a mutual fund unit gets a proportional share of the fund’s gains, losses, income and expenses.Mutual funds offer investors an opportunity to diversify across assets depending on their investment needs. Investors can sell their mutual fund units on any business day and receive the current market value on their investments within a short time period. The minimum initial investment for a mutual fund is fairly low for most funds. Mutual funds also provide detailed reports and statements that make record-keeping simple. Mutual fund is that type of investment in which investors invest thier money in stock, bond, money market instrument and other type of securities. It is not an alternative option to stock and bond. We can compare mutual fund as buying a small slice of big pizza. The owner of a mutual fund unit gets a proportional share of the fund’s gains, losses, income and expenses.Mutual funds offer investors an opportunity to diversify across assets depending on their investment needs. Investors can sell their mutual fund units on any business day and receive the current market value on their investments within a short time period. The minimum initial investment for a mutual fund is fairly low for most funds. Mutual funds also provide detailed reports and statements that make record-keeping simple.

]]> By: Carman Bicker1on http://www.getmoneyenergy.com/2009/10/hst-harmonized-sales-tax-mutual-funds-investments/comment-page-1/#comment-3125 Carman Bicker1on Sat, 28 Nov 2009 20:47:13 +0000 http://www.getmoneyenergy.com/?p=2610#comment-3125 So, as I undertstand it, we will now have two classes of pensioners, those who draw payments from company pension plans, who will be exempt, and those who have to scrounge for themselves who aren't. Carman So, as I undertstand it, we will now have two classes of pensioners, those who draw payments from company pension plans, who will be exempt, and those who have to scrounge for themselves who aren’t. Carman

]]> By: MoneyEnergy http://www.getmoneyenergy.com/2009/10/hst-harmonized-sales-tax-mutual-funds-investments/comment-page-1/#comment-2917 MoneyEnergy Wed, 14 Oct 2009 18:14:01 +0000 http://www.getmoneyenergy.com/?p=2610#comment-2917 Hi George, thanks for the comment. As I understand it, though, the tax will be applied to individual investors on top of what they already pay (5%) on fees - with or without whatever fund managers decide to do with their savings. Hi George, thanks for the comment. As I understand it, though, the tax will be applied to individual investors on top of what they already pay (5%) on fees – with or without whatever fund managers decide to do with their savings.

]]> By: George Keeming http://www.getmoneyenergy.com/2009/10/hst-harmonized-sales-tax-mutual-funds-investments/comment-page-1/#comment-2916 George Keeming Wed, 14 Oct 2009 17:35:35 +0000 http://www.getmoneyenergy.com/?p=2610#comment-2916 The HST is not a tax on savings. Fund Managers will receive input tax credits for items used to run their operations. Once they realize those savings they'll have a choice - keep it to themselves or pass on the savings to their customers. The HST is not a tax on savings.

Fund Managers will receive input tax credits for items used to run their operations. Once they realize those savings they’ll have a choice – keep it to themselves or pass on the savings to their customers.

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