Portfolios tax sheltered?

[Big Moe]

Hi again,
I was just wondering if I want to use one or more of the portfolios list on this site for RSP contributions, how would I go about registering the portfolio or the stocks?  Or is it even possible to do what I'm talking about?

Thanks,
Morgan

[Super Stock Picker]

Hello Morgan,

Indeed, what you propose is not possible, at least, not this way.

Our service consists only in giving the recommendations to you. It is then your responsibility to trade those stocks if you want.

Now, about your RRSP question, what you can do is to contribute into a regular RRSP account and then use this cash to invest in the stocks recommended here.

[Big Moe]

Now, about your RRSP question, what you can do is to contribute into a regular RRSP account and then use this cash to invest in the stocks recommended here.

Ok, that sounds great.  Now do you have any idea if there are requirements that need to be met for a stock to qualify as tax sheltered or is it based on the fact that I'm using tax sheltered (RSP) money to fund my portfolio?

Thanks again,
Morgan

[LuckyWon]

There are benefits to keeping capital gain investments outside your RRSP.  When you buy equities outside of your RRSP you only pay tax on half of the gains.  And even if you loose money you can apply that loss to gains in future years.

Spend some time at www.taxtips.ca

Its a great site to learn more.