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Originally Posted by Sylvanfan
Taxes will eat into that return, plus you need to time the market to get that type of return. It's not like everyone who put money in the stock market made 15 % so far this year.
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It's not taxed if he has it in a TFSA.
I don't think its about timing the market - that's a losers game. If you are diversified, know how to use options and own steady stocks that pay good dividends you can make that in an up or down market.