So basically it's a way to save taxes on capital gains is that correct?
The way I understand it is it is kind of the opposite of an RRSP.
With an RRSP the money you put in isn't taxed, but when you take it out it is.
With this it looks like you're putting in after tax dollars, but whatever you earn is all yours and isn't taxed when you take it out.
That's pretty cool I guess.
__________________
THE SHANTZ WILL RISE AGAIN.
 <-----Check the Badge bitches. You want some Awesome, you come to me!
|