Author Topic: What do you think about a PACC in a taxable account?  (Read 999 times)

RealCanadianSavings

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What do you think about a PACC in a taxable account?
« on: May 11, 2014, 02:16:15 PM »
Does anyone here use a PACC (pre-authorized cash contribution) for investing in a taxable account?

 I know it would be more work for my taxes because I'd have more trades to calculate the ACB, but on the other hand, I would be using dollar cost averaging and not giving myself the opportunity to time the market at all. I've also heard that using a PACC can expose you to ECN fees.

Do you think its a good idea?