Investment Q&A

Q: When selling a basic covered call out of the money to generate some cash in a portfolio how long would you sell the contract into: 30 days 40days 60? Long leap 6 month+? In your experience what is common? Or best idea? Thanks

Q: My investment advisor account with RBC DOMINION SECURITIES of over 30 years was closed by the company by forwarding a letter that the account had to be transferred.

The account was opened as fee based, then converted to percentage of assets. As fees charged as a percentage were excessive compared results and time devoted, the account was reverted to fee based, where each trade was as much as $500, This was changed several years ago with the consent of the advisor.

No reason was given and maybe more than 15 years with the same advisor, we did not even receive a call.

This to an 86 year old with more than 30yrs with RBCDS.

Sorry, just needed to vent and assumed that it may be of interest to some of your subscribers.

Publish as per your descretion.

Thanks
Thomas

Q: Is it safe to assume the 5i gets behind fully utilizing the FHSA (first home savings account) for anyone who is eligilbe? Are there any considerations to keep in mind or is it simply as good as it sounds?

Q: My daughter is a first time investor and is looking at starting a relatively conservative investment portfolio with a long term horizon. What advice and guidance would you give first time investors when venturing into the market for the first time given that it can be a bit overwhelming?

Thanks
Tim

Q: Hi there, I'm thinking of moving some of my investments over to Wealthsimple Trade (WS), which I believe is their self managed online brokerage. In your opinion, would my money be safe with their platform? Do you see any red flags, relative to the Big 6 brokerages? Thanks!

Q: Do you know a good financial online site that tracks the Nas and N.Y. daily Highs ?

Q: Hello 5I,

Do you know of a good financial online site that tracks the current spot price of Gold?

I use TD Webroker and regular gold price updates our far and few between?


Thanks for your help

Stephen G

Q: Further to Rajeev's question ie: the STN offering, how do offerings like this work ? As the price is at a discount to the current price, it seems unfair to existing shareholders. Are they given first opportunity or is it just open to the public ? Why would'nt a big player just buy and then sell the position in the market to skin the difference ? Is there a period that buyers have to hold ? How would an individual participate ? Thank you,

Q: Not a question, but a thank you for the link to Ritholtz's Investing Behaviour Hacks. what a great acknowledgment of and solution to our investing temptations!

Q: Dear 5i
The mean analyst recommendation in Yahoo finance is 1.8 whereas in 5i s website under market data it shows 1.22 for VRT . I assume the market data you show thru your website has more accuracy and therefore more validity . Is that a safe assumption .?Out of curiosity where does your market data come from anyways ?
Thanks
Bill C

Q: Just a comment on how 5i will answer a question to a client who will say they are down 40% on a stock that at one time was recommended by 5i , but 5i will say that the stock is up say 15% this year, it still does not make the stock a winner or make it a stock to hold. Nobody gets this market right all the time, and sometimes i feel that 5i should say get the heck out of this stock, Just like Cramer on CNBC.

Q: If you sell a dividend stock after the ex-dividend date but before the pay date, do you still get the dividend payout or do you have to wait until after the pay date?

Q: The question today by George has made me question my investment set up....specifically about CDIC and FSRA insurance. I think you discussed deposit insurance in prior questions, but I can't find them.

I have the bulk of my investments with RBC Direct Investing (all of my equities), half of my fixed income in an Insured Annuity with the other half with Fisgard Capital Corp (FCC is a mortgage company). Between my wife and I we have 3 RRSPs, 2 TFSAs and 2 Cash accounts at RBC. At FCC, we have 2 RRSPs and 2 Cash accounts.

I think my set up is fine, but thought I would check to see if there are any holes.

Q#1 = what is the difference between CDIC and FSRA insurance (never heard of the latter)?
Q#2 = is the insurance related to the financial institution going belly up?
Q#3 = is there a "coverage" difference between the asset class? Like equities vs fixed income?
Q#4 = is the $100,000 coverage for each account (like RRSP, TFSA, Cash) or by account holder (husband vs wife) or by institution (RBC vs TD)?

Just to throw this out...would it be an idea to have a blog on this topic? I think it might be too big a topic to cover in this question-answer format. If you've already done one, please add a link.

Thanks for your help...Steve

Q: I'm thinking of buying BIPC or BEP. in my US account. Do you have preference between the two and if so why. Also could you provide me with their current and forward PE's. Thanks for your help.

Q: Rob on November 15 asked about Shareclubs. There is a relatively current listing here: https://money4retirement.ca/canflid_clubs/. It was based on the earlier MoneySaver listings and updated during some outreach with these clubs.

Q: Can you explain (laymen's terms) The news release November 10th and how the Dutch Auction works, are shares tendered through a broker? NCIB seems much simpler. Thanks!
https://www.5iresearch.ca/company/tsx/CIX

Q: Hi friends,
I see that you have been recommending total market ETFs of Vanguard US and Vanguard Canada etc., in response to questions of different members.
When I look at the Management fees, Vanguard Canada fees are much higher than that charged by Vanguard US, for similar ETFs..
If one has US$ funds, is there any restriction or problem in going for Vanguard US ETFs, instead of Canadian and save some fees?
What are the pros and cons of buying Vanguard Canada ETFs vs US ETFs?
Thanks in advance for your thoughts / views.
Antony

Q: Good morning,

My intention is to move some US $ from my US Non Registered account to my CDN $ Non Registered account through a journal transfer.

I just sold a US ETF and with the proceeds purchased TRP.US

Q1. Are the TRP.US dividends paid in US $ or CDN$?

Q2. Do the TRP.US dividends generated in the US Non Reg Acct qualify for the Canadian Dividend Tax Credit?

Q3. Can I simply call my TD Direct Investing broker to move TRP.US from my US Non Reg Acct to my CDN Non Reg acct?

Thank you and I'll await for your response to these three questions.

Q: Hi 5i Team - I am interested in joining a group of individual investors who like to share their opinions and research on various equities. Basically a discussion group not necessarily involving a specific speaker. This could be through virtual or in person meetings. Do you have any suggestions. Thanks.

Q: Everyone, if you could read only one: magazine / newspaper / or online newsfeed what would that be (beside 5I) to get your financial perspective on the world? Clayton