Q: Peter; Will you be posting a progress report on your ride next week? thanks. Rod
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I don't know if anyone has pointed out this article: http://www.theglobeandmail.com/globe-investor/diy-investors-might-be-pushing-buy-and-sell-buttons-too-much/article20077915/
It talks about DIY investors buying and selling too much. The advice is nothing new to subscribers to 5i, but for those of us who haven't fully integrated this wisdom, it's good to be frequently reminded.
It talks about DIY investors buying and selling too much. The advice is nothing new to subscribers to 5i, but for those of us who haven't fully integrated this wisdom, it's good to be frequently reminded.
Q: I have two general questions for you about growth stocks, with the emphasis on emerging growth stocks:
1. What metrics or other methodology do you use to identify growth stocks.
2. How do you determine when a high-flying growth stock has become too expensive to buy (or should be sold).
Thank you.
1. What metrics or other methodology do you use to identify growth stocks.
2. How do you determine when a high-flying growth stock has become too expensive to buy (or should be sold).
Thank you.
Q: Re 'P.S.' from Paul (Aug 21st)
"P.S. - as a note to others, I have had a few situations where I had set up DRIPs and subsequently sold the stock. However, I traded them ex-dividend and as a result, the DRIP went through and I own 1 or 2 shares of the company. I would have to pay the full commission to sell the shares, so as a result I sit with a few single shares in my account. Kind of annoying."
I use TD Direct Investing and if you phone them in the above situation of being stuck with a couple of shares after a sale
they will place a sell order for you and WAIVE the commission.
I'm sure other self directed discount brokerages probably do the same. FYI
"P.S. - as a note to others, I have had a few situations where I had set up DRIPs and subsequently sold the stock. However, I traded them ex-dividend and as a result, the DRIP went through and I own 1 or 2 shares of the company. I would have to pay the full commission to sell the shares, so as a result I sit with a few single shares in my account. Kind of annoying."
I use TD Direct Investing and if you phone them in the above situation of being stuck with a couple of shares after a sale
they will place a sell order for you and WAIVE the commission.
I'm sure other self directed discount brokerages probably do the same. FYI
Q: First a comment and then a question.
Would it be possible to add the sector that the company is in when answering a question? I still have a lot of trouble finding out how to classify the companies. (oops - guess that was a question!)
Second, in reference to your comments on DRIPs, the on-line brokerage that I deal with allows DRIPS but they will only buy whole shares, not partial ones and they put the difference in cash in my account. As a result, I don't get the full effect of the DRIP and so I have tended to not use them. Do you think they are effective even in this situation?
P.S. - as a note to others, I have had a few situations where I had set up DRIPs and subsequently sold the stock. However, I traded them ex-dividend and as a result, the DRIP went through and I own 1 or 2 shares of the company. I would have to pay the full commission to sell the shares, so as a result I sit with a few single shares in my account. Kind of annoying.
Thanks so much for your help.
Paul F.
Would it be possible to add the sector that the company is in when answering a question? I still have a lot of trouble finding out how to classify the companies. (oops - guess that was a question!)
Second, in reference to your comments on DRIPs, the on-line brokerage that I deal with allows DRIPS but they will only buy whole shares, not partial ones and they put the difference in cash in my account. As a result, I don't get the full effect of the DRIP and so I have tended to not use them. Do you think they are effective even in this situation?
P.S. - as a note to others, I have had a few situations where I had set up DRIPs and subsequently sold the stock. However, I traded them ex-dividend and as a result, the DRIP went through and I own 1 or 2 shares of the company. I would have to pay the full commission to sell the shares, so as a result I sit with a few single shares in my account. Kind of annoying.
Thanks so much for your help.
Paul F.
Q: Peter;Re the tax form 1135 my C/A says all registered accounts are exempt. Rod
Q: Hi team -
I apologize for dragging on the T1135 subject, but I'm a bit confused by your response to Henry's example of the VALUE of his initial $50K investment rising above $100K at anytime of the year.
You said "Yes, in this case you would need to fill out form 1135. The requirement is if foreign assets are greater than $100,000 at any time during the taxation year."
I'm confused because I'm under the impression that if the total COST of the security is above $100K anytime of the year it would then become a requirement. If Henry bought at JNJ $50K and then held on indefinitely without purchasing any more shares he would not have this requirement regardless of whether or not the market value increased beyond $100K. I thought the key word is COST.
Am I missing something here? Thanks for your help.
I apologize for dragging on the T1135 subject, but I'm a bit confused by your response to Henry's example of the VALUE of his initial $50K investment rising above $100K at anytime of the year.
You said "Yes, in this case you would need to fill out form 1135. The requirement is if foreign assets are greater than $100,000 at any time during the taxation year."
I'm confused because I'm under the impression that if the total COST of the security is above $100K anytime of the year it would then become a requirement. If Henry bought at JNJ $50K and then held on indefinitely without purchasing any more shares he would not have this requirement regardless of whether or not the market value increased beyond $100K. I thought the key word is COST.
Am I missing something here? Thanks for your help.
Q: If someone could start to invest in one or two Dividend Reinvestment Program(DRIP) which would one would you suggest?
Thanks
Dolores
Thanks
Dolores
Q: PRC - is doing a stock consolidation; 10 shares become 1; I am a share-holder and do not understand; will $1,000.00 worth of stock become worth $100.00 - that would explain the selling, but seems crazy; please advise.
Q: Hi sorry guys.Re form 1115 (or whatever) I read your link; now I'm really confused. The amount is based on cost. So, if I bought shares of JNJ say for $50K and its value goes to $100K, I don,t need to file the form. Yes? What happens the following year when the value starts above $100K? Thanks Henry
Q: Re: HLP.UN I have read question/answer by Allan on Aug 18.
Your guidance was - "you need to tender your shares to the deal".
I'm a "new" investor. I own some of this stock. I don't understand what I need to do in this situation. Would you kindly provide further guidance.
Your guidance was - "you need to tender your shares to the deal".
I'm a "new" investor. I own some of this stock. I don't understand what I need to do in this situation. Would you kindly provide further guidance.
Q: With regards to Henrys question on USA legislation and having over 100000$ in USA stocks -does that apply to RIFS,LIFS,RRSP also-first i heard of it really being a CIBC self investor.
Q: Peter; Just further to Henry's US tax question does this include RRSP's/RRIF's also? And if so if your US holdings increased to over $100m then you would have to sell something to bring it back below that level? Is our government going to send a list of our total US holdings to the IRS? How would they track all of this- maybe I am missing something about this will work in reality. Thanks.Rod
Q: Regarding today's question about form t1135, I've read elsewhere that you do NOT have to fill this out if the foreign stocks/ETF's are in a registered account, such as an RRSP or TFSA. You would need to do it if they are in a cash account. Is this correct? Thanks for clarifying.
Alan
Alan
Q: Hi 5i team, Am I right in thinking that with new US legislation, a Canadian citizen will have to file a form if owing more than 100K's or more's worth of US stocks; even if this is held in a Canadian account, indeed, in Canadian $?
Thanks as always. Henry
Thanks as always. Henry
Q: What do you think of holding the Pimco PGI.UN as an alternative to cash? They seem to have a strong yield and little volatility. Thanks.
Q: I am a share holder of Elk Water Resources (ELW), now I have some rights that are also in my account. My broker has informed me that for every 4 rights I can buy one new share at $0.1/share. I have never seen this before, is this info correct and it seems to good to be true buying the shares for $0.1/share when they are trading at $0.78/share? Why would a company do this and does it also mean that there is additional dilution coming to all existing shareholders because I assume the additional shares will be issued by the company??
Darcy
Darcy
Q: If I remember correctly, did you ever mention that bloomberg had a feature that showed how companies reported earnings over a certain number of quarters? If so, is there any way it could be incorporated into the site? For example, include it in the monthly portfolio updates?
Thanks again
Thanks again
Q: Hi Peter, Ryan & Co.,
I came across this in a Rob Carrick column; you, and many of your members, might already have seen it but I enjoyed and thought that it might put a smile on a few faces for those who haven't yet seen it.
http://www.fool.com/investing/general/2014/08/12/an-honest-stock-market-update.aspx
Publish at your discretion, no reply necessary.
Have a great weekend!!
Cheers,
Mike
I came across this in a Rob Carrick column; you, and many of your members, might already have seen it but I enjoyed and thought that it might put a smile on a few faces for those who haven't yet seen it.
http://www.fool.com/investing/general/2014/08/12/an-honest-stock-market-update.aspx
Publish at your discretion, no reply necessary.
Have a great weekend!!
Cheers,
Mike
Q: I have a number of old stocks that are defunct.Is there a website that can provide info on these stocks. I need to track down some info for the cra. Thanx Robbie