Investment Q&A

Q: I am planning on selling some of my losers for a tax benefit. I plan to repurchase many of them after the 30 day period. What is the best time to sell for tax loss. Early November or late December? and the reasons for

Thank you
Steve

Q: Goodmorning
What are your thoughts on the Canadian Scholarship Trust Fund as an investment vehicle for an RESP? and or would you have any suggestions as an alternative?
Thks
Marse

Q: The Company has sent out their year end shareholder information for the AGM. I note that three insiders own approx 51% of the Company.

Additionally, the Company has stated that it is reviewing all options and has created a committee to do so.

My question for 5i is, if the three majority shareholders wished to take the Company private, how would that occur, is there a threshold they would need to take it private, and what options are there for a shareholder?

Thanks

Q: Hello:
Can you recommend articles or books that will guide a pre-retiree about asset allocation strategies based on ETFs? (NOT a request for general reading) If 60/40 is dead, then one is bit lost! What next? I know that repeatedly you have said that you don't want to give % of weighting of stocks or ETFs as you feel it is bit personal. Hence my request to guide me to read and learn about asset allocation strategies. Please consider current political/economic/pandemic environment.

Q: If the Bought Deal Offered is closing @ $2.40 on Nove/9, WHY is it currently Trading Higher around $3? Should it NOT drop?
Thanks!

Q: Just wondering if you can comment on the authenticity of the information that is reported on the Financial Statements, most i have looked at on Morningstar, state they are unaudited, which to me means that it can only be taken with a grain of salt, considering corporate fraud is rampant.
Harry Markopolos, has the view that General Electrics accounting is fraudulent, and is warning shareholders about it, he was the whistle blower in the Bernie Madoff case years ago, which i'm sure everyone knows about.
Thanks!

Q: I have owned WFC for a very long time. A shareholder class action law suit finally resulted in a small payout. How is this treated? Is it income or does it reduce the cost of my shares? Thank you for your answer, Cheers

Q: Your weekly stock market update last Friday reports that S&P 500 and Tsx were both down 1.30% during the week. According to the Globe and Mail the S&P was down.30% and the Tsx fell .82%.
Can you explain the difference?

Q: Dorothy asks:

“Do you know of a site that I can list all my stocks, the cost price, and number of shares and get the following information: gain or loss, with the percentage and the dollar amounts.“

I have used the Yahoo Finance portfolio tool for decades. It’s free and easy to use.

I also use the Globe and Mail portfolio tool, which requires a subscription to the digital newspaper but offers real time quotes and quite good portfolio analytics.

Q: Assuming you can still buy warrants for this company and the expiration is June 2 2022 and you buy 1000 warrants at $ 1.00 and hypothetically it was $ 4.00 on that date, would those warrants be worth $ 4000.0 or is it a percentage, and if so do you know what that percentage is?....thank you

Q: With respect to Shyam questioning your answer regarding US Tech stocks seeing tax loss selling in January. I believe the portion of your original answer that he is referencing related to selling tech stocks in January to crystallize capital gains, not losses, as a result of the huge run in tech stocks this year. The reason people will hold off selling tech stocks till January, both in Canada and US, is that it is the start of a new tax year and they may not want to incur capital gains until the new tax year starts. A corresponding drop in Tech prices may occur if this sell off is large enough.

Q: With understanding bond prices go down as interest rates go up, with the near zero rate situation, is now a bad time to be buying bond funds when one is looking for long term safety and some capital appreciation? In regards to VCNS, being 60% bonds, when bond values go down, the yield goes up, how does rising yields effect the ETF ?

Q: What do you think of PayPal entering the crypto market? Is there an investable crypto/bitcoin etf?

Q: Just a general question re a company's market cap. When a company's stock rises dramatically and the shares are bought and sold in the secondary market, how does a company become more valuable and richer even though they don't receive any of the proceeds, since i would think it wouldn't affect the bottom line, thanks??

Q: Would you expect an incredible run on the general markets when a successful vaccine comes out including oil prices getting a good bump or just a slow gradual momentum until things get back to normal.

Q: Looking to Mr. Buffett's behaviour in the past, he seems to be investing in whole industries, like airlines and most recently with the Japanese trading houses.

Do you think taking a similar strategy works in select Canadian industries as well?

For example:
Buy and hold all the Big 5 Canadian Banks (BMO, BNS, TD, RBC, CM)
Buy and hold all Major Grocers (Empire, Metro, Loblaw)
Buy and hold all Major Telecoms (Rogers, Telus, BCE)

Or do you think there's a better way to mimic this through an ETF?

Q: good morning - further to a question last week about trading within a TFSA and limiting the number of trades to keep below CRA radar I am unclear on what constitutes a "trade". Is it buying and selling the same stock or does every purchase and every sale ( whether the same company or not) constitute a trade. Thanks

Q: What is the difference between DOC.WT:CNX and DOC.CA? Are there advantages/disadvantages to holding DOC.WT rather than DOC.CA? Appreciate your assistance here and the helpful guidance you give,
Fred

Q: Cryptocurrency
With lots of covid time on my hands I have been educating myself on crypto. I have been a huge sceptic but I am starting to turn around on the idea. It doesn't seem much crazier then buying gold or silver as an investment. Bitcoin seem to have reached critical mass, etherium to a lesser extent but the list of seemingly credible options is growing. My gut is telling me to put small amountsof fun money into speculating on crypto? I was surprised that not many questions have been asked about this.

So my question: Does or do you see a time in the near future where crypto currencies will need to be part of an investment portfolio just like gold, bonds or cash? If yes explain a bit ( maybe some suggested reading or resources), If no crystal ball prediction please.

Q: In your Oct.19 answer to pat no link appeared. Can I have it please?