Q: I bought Netflix after the big drop in 2022 and have since sold a half position after a nice gain. In terms of its future, everything I read is about the ad-supported lower-priced tier. However there is almost nothing about the password crackdown that is supposedly happening early 2023. Surely this would have a more meaningful impact on the bottom line... I personally know MANY people that are sharing an account (myself included!!) that will ultimately subscribe when they are "kicked out".
Question 1: Has Netflix released any statistics about their estimates for how many people are "piggybacking" off another account and that they believe will sign up after the password-sharing crackdown?
Question 2: Thoughts on future growth potential?
Take credits as appropriate, thanks in advance.
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Apple Inc. (AAPL)
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Amazon.com Inc. (AMZN)
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Meta Platforms Inc. (META)
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Alphabet Inc. (GOOGL)
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Microsoft Corporation (MSFT)
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Netflix Inc. (NFLX)
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The Walt Disney Company (DIS)
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Roku Inc. (ROKU)
Q: I currently have the following positions in the "FAANG" stocks: GOOGL (5%), MSFT and META (each less than 2%), AAPL (less than 1%).
Not interested in NFLX since I already have positions in DIS and ROKU, but I'm open to AMZN (although I have a small position in SHOP, less than 2%).
I want to reduce the number of stocks I own, so I'm looking to consolidate my FAANG positions. In what order would you rank the FAANG stocks at today's prices for potential future returns?
I have a long time horizon (decades) and a very diversified portfolio, so not worried about short-term declines in share price.
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Adobe Inc. (ADBE)
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Amazon.com Inc. (AMZN)
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Microsoft Corporation (MSFT)
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Netflix Inc. (NFLX)
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Mastercard Incorporated (MA)
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Constellation Software Inc. (CSU)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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goeasy Ltd. (GSY)
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Atlassian Corporation (TEAM)
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ARK Next Generation Internet ETF (ARKW)
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ARK Innovation ETF (ARKK)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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ARK Fintech Innovation ETF (ARKF)
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ARK Autonomous Technology & Robotics ETF (ARKQ)
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Topicus.com Inc. (TOI)
Q: I hold the above stocks in my Unregistered,TFSA,and RRIF accounts. I understand that as of January 1, 2023, the IRS will require a 10% withholding tax when Canadian residents sell US stocks. Does this rule apply to sell any of the above mentioned my stocks ?
2) If I sell above Stocks before end of 2022, will I avoid paying new IRS 2023 10% withholding tax?