I have US$1.25-million in Apple shares in my RRSP. How can I lessen the tax hit? [Toronto Globe and Mail (Ontario, Canada)]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.apple.com
Company Research
Source: Toronto Globe and Mail
I have US$1.25-million in Apple shares in my RRSP. How can I lessen the tax hit? My wife and I hold Apple Inc. shares in our registered retirement savings plans. After rising sevenfold, the shares are now worth US$1.25-million. Because we don’t have much personal cash – and because we want to lower our exposure to the stock market – we are thinking of selling two-thirds of the shares and withdrawing the money to improve our home and cottage, and to help our children. Are we crazy? Is there a way to lessen the tax hit? I am 65 and my wife is 57, we live in British Columbia and our combined annual income is about $475,000. About half of that consists of dividends and capital dividends from my company that are split with my wife, but these dividends are unlikely to be as high in the future. Including the Apple shares, my RRSP is worth about $2.3-million and my wife’s is about $1.4-million. To answer your first question, no, I don’t think you’re crazy. You’re in the enviable position of
Show less
Read more
Impact Snapshot
Event Time:
AAPL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAPL alerts
High impacting Apple Inc. news events
Weekly update
A roundup of the hottest topics
AAPL
News
- Huawei's New Phone Sports Latest Version of Made-in-China Chip [BNN Bloomberg (Canada)]BNN Bloomberg
- Huawei's New Phone Sports Latest Version of Made-in-China Chip [Yahoo! Finance]Yahoo! Finance
- Former NSA hacker and former Apple researcher launch iOS security startup. [Verge, The]Verge, The
- 11 insider tricks for the tech you use every day [FOX News]FOX News
- Nasdaq composite today: The index is up 3.37% YTD [USA TODAY]USA TODAY
AAPL
Earnings
- 2/1/24 - Beat
AAPL
Sec Filings
- 4/17/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- AAPL's page on the SEC website