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  5. EIF: Another tax loss question. [Exchange Income Corporation]
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Investment Q&A

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Q: Another tax loss question. Currently down 19% on EIF and 11% on NPI in a non-registered account. (Interesting to note analysts are giving both 'strong buy' recommendations.) First, EIF. Would you sell, sell and repurchase, or stand pat? And if your recommendation is to sell and repurchase, would you repurchase before year end or wait 'til the new year? With regard to NPI, would you sell and repurchase? Stand pat? Or replace it with something like H? (BIP and BEP already held). The goal with both stocks is income with some growth. Thank you.
Asked by Maureen on November 14, 2023
5i Research Answer:

Without getting personal, WE would sell and rebuy EIF, and would be fine selling after Nov 29 to get the dividend and buying in 2024. We would sell NPI and replace with H anytime.