Q: Hi Peter. I am thinking about tax loss selling season which may get underway soon. Could you tell me if the 30 day rule applies if you sell a stock out of your cash account and repurchase it in your RSP or RRIF? Thanks for your help.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Good Afternoon to all
TD Bank issues step-up notes callable every 6 months by issuer. A new issue October 2013 due October 2018 pays from 2.40 to 3.40 over the period. Considering the current low rates and risks of bond ETF'S would you recommend a small purchase 3% of total portfolio in this issue?
Thanks
TD Bank issues step-up notes callable every 6 months by issuer. A new issue October 2013 due October 2018 pays from 2.40 to 3.40 over the period. Considering the current low rates and risks of bond ETF'S would you recommend a small purchase 3% of total portfolio in this issue?
Thanks
Q: Re: Superficial loss rule
I hope you haven't previously answered this question. I scrolled back a long way and couldn't find it. If you have then please just ignore the question.
Can one sidestep the 30 loss rule by selling at a loss in one account (say, a direct trading) but buying back within the 30 days in another account (say, RRSP) or does the rule apply to the individual not the particular accounts? Thanks as always,
Neil
I hope you haven't previously answered this question. I scrolled back a long way and couldn't find it. If you have then please just ignore the question.
Can one sidestep the 30 loss rule by selling at a loss in one account (say, a direct trading) but buying back within the 30 days in another account (say, RRSP) or does the rule apply to the individual not the particular accounts? Thanks as always,
Neil
Q: I am a little overweight in utilities and am thinking of selling some TRP. I am thinking of buying AFN, NBD, MX or VET. Do you prefer one over the other? BAD is clearly an excellent company but I get the sense the stock has gotten ahead of itself.
8.3% of our portfolio is in energy - mostly gas (ARX, PEY & BNE) - not sure if I would be getting overweight in energy with the addition of VET.
Your thoughts would be appreciated.
Thanks
8.3% of our portfolio is in energy - mostly gas (ARX, PEY & BNE) - not sure if I would be getting overweight in energy with the addition of VET.
Your thoughts would be appreciated.
Thanks
Q: This is a repeat of a question that I believe did not get through because of a time out.
It's almost a year since I purchased a 5i membership and will happily renew in Oct. I find the the Q&As most interesting and the more I read I find I seem to be picking up on subtleties. I do have a problem understanding what seems to be a subtlety with the grading system. It seems that 5i considers B- and certainly C+ companies more risky but suitable for income. I would think that someone requiring income would be looking for less risk and security of income.
To give you context I have recently taken control of my investments at a discount brokerage to reduce cost. I'm working toward building a portfolio that will provide 4% annually as a living allowance within a year plus a little extra to cover inflation and the odd treat. I hope I'm not being too optimistic or aggressive.
I now hold B- and C+ with AFN, CS, MCB, NAL and EH and wonder if I should consider replacing. I also hold 12 A to B stocks, a couple of blue chip Canadian large caps as well as ETFs that give me Canadian, US, Global less US and fixed income to round out the holdings.
I would appreciate comments on B- and C+ companies and my use of these as well any other thoughts you may have.
Many thanks,
Brian
It's almost a year since I purchased a 5i membership and will happily renew in Oct. I find the the Q&As most interesting and the more I read I find I seem to be picking up on subtleties. I do have a problem understanding what seems to be a subtlety with the grading system. It seems that 5i considers B- and certainly C+ companies more risky but suitable for income. I would think that someone requiring income would be looking for less risk and security of income.
To give you context I have recently taken control of my investments at a discount brokerage to reduce cost. I'm working toward building a portfolio that will provide 4% annually as a living allowance within a year plus a little extra to cover inflation and the odd treat. I hope I'm not being too optimistic or aggressive.
I now hold B- and C+ with AFN, CS, MCB, NAL and EH and wonder if I should consider replacing. I also hold 12 A to B stocks, a couple of blue chip Canadian large caps as well as ETFs that give me Canadian, US, Global less US and fixed income to round out the holdings.
I would appreciate comments on B- and C+ companies and my use of these as well any other thoughts you may have.
Many thanks,
Brian
Q: Peter,
I have an RRSP question. If you have Canadian ETF's with international exposure, is there a limit on how much of those ETF's should be as a percentage of your total RRSP portfolio. Lets say my Canadian ETF's with foreign exposure are 50% of my total RRSP portfolio, would this be allowed. Thanks
I have an RRSP question. If you have Canadian ETF's with international exposure, is there a limit on how much of those ETF's should be as a percentage of your total RRSP portfolio. Lets say my Canadian ETF's with foreign exposure are 50% of my total RRSP portfolio, would this be allowed. Thanks
Q: I have $33,000 to invest for 2 years. At that time I may need some income and/or capital from it. I would appreciate any advice you can give on deployment of the cash. Thanks again for the great service and the education.
Q: Hi I must say this is the best information, I ever bought regarding stocks. It has saved me a lot of anguish, and mashing off teeth!! Do you look at companies like SYZ, and AVO, as terrific companies, or do you look at them, as they could be terrific companies. Thank you.
Q: Hi,
New member here but have a question as to your thoughts with regards to total portfolio diversification. Obviously the stock picks and model portfolio on 5i is limited to CDN securities. What would you generally advise in terms of percentage weightings of CDN, USD, and international equities? I am quite "overweight" in the CDN security area and try to purchase USD & international security ETFs to offset this.. Curious what your thoughts here are. Thanks!
New member here but have a question as to your thoughts with regards to total portfolio diversification. Obviously the stock picks and model portfolio on 5i is limited to CDN securities. What would you generally advise in terms of percentage weightings of CDN, USD, and international equities? I am quite "overweight" in the CDN security area and try to purchase USD & international security ETFs to offset this.. Curious what your thoughts here are. Thanks!
Q: Hi Peter and Team,
Thank you again for your unbiased service.
I have been very fortunate to have selected two growth & income investments that have stood the test of time. They are CMG-T and BAD-T (BAD at another all time high as I type this note). I have others as well, but these have been my best and most consistent long term holdings. I believe in the businesses, and they are in the Oil industry, which has very deep pockets (pay their bills) and which, I suspect will be here for a long time to come. Therefore, they are still long term holds for me.
My question is, if you were to pick three long term (+20 year) equities that provide both growth and income ? Take your time in answering, as the long time frame may cause you to ponder a bit longer.
Thanks again,
Thank you again for your unbiased service.
I have been very fortunate to have selected two growth & income investments that have stood the test of time. They are CMG-T and BAD-T (BAD at another all time high as I type this note). I have others as well, but these have been my best and most consistent long term holdings. I believe in the businesses, and they are in the Oil industry, which has very deep pockets (pay their bills) and which, I suspect will be here for a long time to come. Therefore, they are still long term holds for me.
My question is, if you were to pick three long term (+20 year) equities that provide both growth and income ? Take your time in answering, as the long time frame may cause you to ponder a bit longer.
Thanks again,
Q: I have some cash sitting in my direct brokerage account in my RRSP and TFSA accounts and the bank doesn't pay me any interest on it. Is there anything that I could invest in and have access to the cash right away when I see an opportunity to invest in a stock? ie a no fee money market funds etc... any recommendations? Thanks
Q: Aug 8/13 Globe article of Peter Hodson re #stocks to own for diversification.
The answer given (15?) assumes the investor has sufficient capital to implement same, and if they don't when do they start
investing?
William O'Neil (Investors Business Daily (IBD) founder ) feels investors should start investing with as little as $500. using IBD principles and in that case 1 or 2 stocks would be adequate.
Just my thoughts on another excellent article.
The answer given (15?) assumes the investor has sufficient capital to implement same, and if they don't when do they start
investing?
William O'Neil (Investors Business Daily (IBD) founder ) feels investors should start investing with as little as $500. using IBD principles and in that case 1 or 2 stocks would be adequate.
Just my thoughts on another excellent article.
Q: If you had to buy 5 stocks today that you couldn't sell for 5 years, what would those stocks be?
If a similar question has already been asked, feel free to reference that question/answer to me as opposed to creating a new response.
Thanks for the great service!
If a similar question has already been asked, feel free to reference that question/answer to me as opposed to creating a new response.
Thanks for the great service!
Q: Hello 5i Group
I am a new member to 5i and to investing although watching and reading for the last year and a half. I see your Model portfolio. Is this " model portfolio" updated annually? then tracked for 12 months? If I am looking at this list now as an " investment start date" how do I determine which ones on the list you are still recommending as " buy" positions?
I am looking for a combination of income and growth. Based on your reports that I have read I have recently bought small positions in AW.Un, BEP.UN and HR.Un
Thanks for your comment.
I am a new member to 5i and to investing although watching and reading for the last year and a half. I see your Model portfolio. Is this " model portfolio" updated annually? then tracked for 12 months? If I am looking at this list now as an " investment start date" how do I determine which ones on the list you are still recommending as " buy" positions?
I am looking for a combination of income and growth. Based on your reports that I have read I have recently bought small positions in AW.Un, BEP.UN and HR.Un
Thanks for your comment.
Q: Peter I own some UUU stock I know the company is being taken over I did not vote to sell my stock I felt that $2.86 was to low , I don't know the process what will happen to my shares .
Jim.
Jim.
Q: Hi Peter and the 5I team
I have finished the CSC (Canadian securities Course) and I suggest the course to every Canadian that wants to run their own portfolio as it gives a good base of knowledge to work from. My question is, what other courses/books would you suggest to a retail investor to expand a persons knowledge base even more?
Thanks
I have finished the CSC (Canadian securities Course) and I suggest the course to every Canadian that wants to run their own portfolio as it gives a good base of knowledge to work from. My question is, what other courses/books would you suggest to a retail investor to expand a persons knowledge base even more?
Thanks
Q: EEP - You might mention to the members that EEP and all other MLP's are subject to a withholding tax for non-US citizens "to the maximum prescribed tax rate..." which currently is 35%. It is theoretically possible to claim it back by filing a W8-B tax form, but good luck with that and do you really want to start filing US taxes.
Q: Hi Peter and Team,
Yours service is superb!
I realize your are getting busy with many more questions but I would appreciate if the month end statements retain some of the information that your older statements contained e.g. dividend rate, industry and previous ratings. I found these fields to be very useful when looking to make a purchase and/or ensure I am reasonably diversified.
mike
Yours service is superb!
I realize your are getting busy with many more questions but I would appreciate if the month end statements retain some of the information that your older statements contained e.g. dividend rate, industry and previous ratings. I found these fields to be very useful when looking to make a purchase and/or ensure I am reasonably diversified.
mike
Q: Great Info with short-to-the-point answers. When your team selects a company to do a formal anaylis and report on, what selection critera do you use to choose that particular company?
Q: Hi Peter & 5i: I’m interested in knowing more about the execution of corporate share “buy-backs.” I know that there is no obligation for the company to actually purchase that goes along with the permission to do so and the announcement of the maximum that could be bought/spent. I also know that you usually can’t find out about any actual buying until at least the next following quarterly report. But how does it work behind the scenes? Can companies have direct access to the exchange or do they have to buy back the shares through a brokerage of some kind? What kind of transaction fees are they looking at paying to execute the buyback – is it a per transaction item or would it be structured otherwise? Are there any “usual strategies” that are employed in making the buys – e.g. putting a floor under the stock or maybe waiting until a large block is offered for sale at an acceptable price? Often the potential size of the buyback is many times the average daily trading volume. Are there strategies for dealing with that obstacle if the company does want to max out its buyback potential? Thanks for any insight!