Quote:

---

Originally posted by Fido

Mkannuri ,

Thanks for your valuable posts in this regard . Clearly there s no free lunch and there s no gold rush in the world and if there is , one should not fall for it .

Thanks for cautioning other CD s . I am sure those who attend seminars / invest in any scheme should converse themselves with the basics by reading more on the internet and getting aware before diving ...

This is not to dissuade Jinxed / NM but just a precautionary note .

---

-----------------------------------------------------------------
MK

Mkannuri, Fido and others:

There is some healthy skepticism in few of us. (I am not saying being doubtful is wrong. In fact, everyone will think twice before venturing into anything with their hard earned money. It's good to test the waters first)

If any of you attend the seminar, may be you can share your experience in this thread (for those who couldn't make it to the seminar). I just want to know how you felt about it, practicality of earning those returns or any other thing.

Of course, people can continue and update (once a month - may be) about the consistency of returns.

Thanks in advance.

Quote:

---

Originally posted by mkannuri

[quote
Being self employed (such as this) will ensure you that you and your family get around $20K to 30 K of FREE money from the govt. in the way of subsidised childcare, No taxes, No health tax, No EI/CPP payments, large GST/HST Credit, Large CTB allowance, National suppliment etc.... So that is a significant free money from the money that you already get in forex + you have 24 hours in a day at your disposal.
Peace by TK

---

Quote:

---

Originally posted by NM
20 to 30k according to TK is approximate calculation when there is no income in canada.
Kannuri, if you feel TK is wrong you can elaborate how he is wrong. Everyone will benifit here.
As for as i know, TK knows in and out of government benifit, for those who are employed and un employed.

---

-----------------------------------------------------------------
I am a Gents and not a Ladies.

Quote:

---

Originally posted by NM

Quote:

---

Originally posted by mkannuri

[quote
Being self employed (such as this) will ensure you that you and your family get around $20K to 30 K of FREE money from the govt. in the way of subsidised childcare, No taxes, No health tax, No EI/CPP payments, large GST/HST Credit, Large CTB allowance, National suppliment etc.... So that is a significant free money from the money that you already get in forex + you have 24 hours in a day at your disposal.
Peace by TK

---

Hi TK,
can you pls elaborate on this how one can get 20 to 30k free money from govt when ur self employed.
As far as i see that even self employed should pay taxes and forex money is not free as u have to pay capital gain taxes (around 40%),
CPP payments is mandatory i guess even for self employed as you generate payroll for your self.

Rest is understandable of low income benefits...but if you are making 100k you cannot show that u r low income no matter how you show the expenses on your company.
well if there is any thing i dont know here being self employed..please let us know so that i can get myself too.
cheers

---

-----------------------------------------------------------------
MK

To show how some people rip off the Govt.(legitimately or illegitimately - you decide). Here's my personal experience from a guy I met a couple of years ago. Well, he was my driving instructor to be precise.

This guy drives a Cab in the night - gets paid in cash. Teaches driving by day, mostly to the immigrants - gets paid in cash again. This means no taxes. He has declared to the Govt. that he's unemployed. He's got 3 kids - gets a substantial child care benefits. He has rented out his basement - gets paid in cash for the rent, which again he doesn't show as income.

So, this guy doesn't pay any tax and living HANDSOMELY on Govt's free payouts. Ever heard of Tax free income - that too in Canada? Well, this guy has it all. He got a detached house in a high real estate market here in Vancouver, and his wife doesn't work at all(Wow!!). Living a Canadian dream (if such thing exists)

How do I know this all? He himself told me openly and proudly by thumping his chest. So, I agree with TK completely when he says one can live off on Govt. payouts alone if smart and knows how to rip off the system.

Go figure...

buy a delivery van (search in Kijiji/craiglist) for purchase of van. You post a free ad on kijiji/craiglist for movers. My mover charged me $ 125 for 45mts delivery time from north york to etobicoke. let us assume even $100 per move and say 3-4 clients everyday. You can even post an ad that you deliver small boxes to various places in Toronto. you get 12-15 $ per hour. Investment is less and you can easily earn 3000-5000 depending on the business you get.

-----------------------------------------------------------------
The best way to find yourself is to lose yourself in the service of others.”
Mahatma Gandhi