Q: Given today's unsettled economic atmosphere, which investment sectors would you favor and in what proportion?
Many thanks for your stellar service!!!!!!
brian
Many thanks for your stellar service!!!!!!
brian
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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: Update: According to BMO Investorline, item 2) below is not an option. The CRD has a different CUSIP (59516M104) than the NASDAQ listed stock (5949181045). Apparently this is true for almost all CDRs.
Hello,
I have 60 shares of MSFT in a non-registered account, and want to sell 18 shares to raise cash of about $11,300. I have capital losses in the account to offset the gains, so there should be no net tax.
To minimize transaction costs, I am considering three options:
1) Sell MSFT directly, and then use Norbert's Gambit to convert to Cdn$
2) Convert the shares the CDR equivalent, i.e. MSFT.CA and sell that in Cdn$ (not allowed according to BMO)
3) Sell MSFT for USD and then have the bank convert the shares (~1.6% conversion loss)
Which of these do you recommend?
Hello,
I have 60 shares of MSFT in a non-registered account, and want to sell 18 shares to raise cash of about $11,300. I have capital losses in the account to offset the gains, so there should be no net tax.
To minimize transaction costs, I am considering three options:
1) Sell MSFT directly, and then use Norbert's Gambit to convert to Cdn$
2) Convert the shares the CDR equivalent, i.e. MSFT.CA and sell that in Cdn$ (not allowed according to BMO)
3) Sell MSFT for USD and then have the bank convert the shares (~1.6% conversion loss)
Which of these do you recommend?
Q: Curious how you think the dollar will do this year? Is it time to take some of my US ETFs and buy the CAD hedged version?
Q: Hi group what the suggested strategy to deal with proposed increase in withholding tax . I am hesitant to buy any more us stocks in my non registered +TSFA accounts ...maybe even sell some? i know we should wait until the prosed increase happens ...looking at US verses Canada stocks in general. Presently CAD are doing better so selling and replacing with CAD stocks may just work out just fine ...thoughts
Q: My question is on portfolio management, trimming rather than selling.
I'm hearing and feeling that some sectors and companies, or even countries like the US market, are a bit expensive, ahead of their skis, and might well be trimmed. I have done so for gold, for example.
I would like your opinion. Even if you don't agree with the premise, what areas would you trim on that basis.
Lastly, can you suggest some areas that do not fit that premise and are under-valued. I think this of oil and gas, for example.
I'd be grateful for a detailed answer on this and would be happy to spend a few points for it, as you see fit.
Thanks, as always, for your wisdom.
I'm hearing and feeling that some sectors and companies, or even countries like the US market, are a bit expensive, ahead of their skis, and might well be trimmed. I have done so for gold, for example.
I would like your opinion. Even if you don't agree with the premise, what areas would you trim on that basis.
Lastly, can you suggest some areas that do not fit that premise and are under-valued. I think this of oil and gas, for example.
I'd be grateful for a detailed answer on this and would be happy to spend a few points for it, as you see fit.
Thanks, as always, for your wisdom.
Q: How serious do you feel the aggregate global debt situation is? I have read that the total is now well over $300 trillion USD. Government and consumer spending seems somewhat out of control in much of the world. Let's put it this way -if the Earth was part of an interplanetary federation, would the aliens' financial authorities think we are heading towards bankruptcy?
Q: A lot of talk that the Private Equity market is a bubble about to pop and cause deep challenges. Any thoughts? Jamie Dimon very vocal about stagflation and again, a pop perhaps likely to occur. Any comments and insights would be welcome.
Q: Just read this in Globe and Mail - Canadian individuals who own U.S. securities directly are subject to a 15 per cent withholding tax rate under the current treaty. Under the new bill the withholding rate could ultimately rise to 50 per cent.
If you were me, what would you do???......tom
If you were me, what would you do???......tom
Q: Hi
How is Section 899 of the proposed U.S. 2025 tax reform expected to impact Lumine Group (LMN) in the short and medium term, particularly in terms of tax liabilities and profitability, given that it is a Canadian company operating in the U.S.? Do these potential impacts make LMN less attractive as an investment at this time?
How is Section 899 of the proposed U.S. 2025 tax reform expected to impact Lumine Group (LMN) in the short and medium term, particularly in terms of tax liabilities and profitability, given that it is a Canadian company operating in the U.S.? Do these potential impacts make LMN less attractive as an investment at this time?
Q: Hi 5i, thanks for the Market Update report today. It would be great to redo this employment analysis breaking out public (government) vs private (taxpayers) jobs. Thx.
Q: Hello 5i,
With the USA facing a Trumponomic meltdown, do see an advantage of purchasing CDR's for US stocks today?
What is the recommended % of a portfolio for Canada, USA, Europe, International, and Emerging markets. It looks like a little more global diversity may temporarily dent impacts from USA rhetoric and threats.
Thank you
D&J
With the USA facing a Trumponomic meltdown, do see an advantage of purchasing CDR's for US stocks today?
What is the recommended % of a portfolio for Canada, USA, Europe, International, and Emerging markets. It looks like a little more global diversity may temporarily dent impacts from USA rhetoric and threats.
Thank you
D&J
Q: Where do you see US Treasuries going over the next 6-12 months, given recent weakness due to massive American debt. Is it a reason to exit US assets, including stocks, or do you see the problem resolved somehow? Is it a simple case of the US Treasury Market simply being too big to fail? Welcome your insights. Thanks as usual.
Q: We have experienced a nice rally in spite of the traditional chaos associated with equity investing. I am thinking I would like to take some risk off but need to balance the portfolio income generated vs rrif drawdownn. Thinking I should reduce the Cdn Market ETF ( lowest income generator) and retain high yielding defensive generators. I know increasing cash level generates lower income still. What are your thoughts moving towards more preservation with this strategy.
Q: My total portfolio is diversified between equities and fixed portion. It has mutual funds, etfs, individual stocks, bonds, cash. What are your comments on position sizes for mutual funds, etfs and individual stocks? Thanks in advance for your all your very valuable comments.
Q: The TD chief economist is predicting a recession for Canada, and is also concerned about stagflation. What are the best investments for our protection?
Q: I have a question prompted by recent headlines (sorry, a rather unsophisticated view of investing).....there appears to be ongoing negotiations between the USA and Iran, with a suggested that some sort of agreement can be reached on nuclear stuff, with the result that Iranian oil will no longer be sanctioned. Some commentators talk about the oil market being flooded with the world price of oil dropping significantly. Do you see that drop in price as very likely? Wouldn't that bring the stock price of Cdn oil producers way down? Is it time to dump shares in oil stocks (I am under water now and this would only get worse). Many thanks for your excellent service.
Q: In retirement I currently rely on my non-registered portfolio to provide about 80% of my income. Within this portfolio only 15% of the portfolio could be classified as dividend or income stocks (like CNQ, RY with 3-5% dividends). Thus far I have been creating income by skimming from my growth stocks, rebalancing when needed, and cashing in on my losers. While I recognize that a higher portion of dividend stocks would provide a greater sense of income certainty and less volatility, I have felt reluctant to forgo, what I currently believe to be, the potential for greater growth by focusing on the careful and patient management of higher potential growth stocks.
Question: From your experience, will I have a greater probability (not certainty) of creating more income in the long term (10 years) through this strategy or should I rely on a greater portion of dividend stocks?
Question: From your experience, will I have a greater probability (not certainty) of creating more income in the long term (10 years) through this strategy or should I rely on a greater portion of dividend stocks?
Q: Hi 5i. Question #4 from me as a new subscriber. I continue to have about 70% of my savings in cash with plans to input through dollar cost averaging. A couple of weeks ago you suggested a spread over 6 months. Is this still your view? It seems that the rebound has taken place and I am worried about missing the increases. But I know we are still in an uncertain market. Thank you
Q: If you were looking to diversify outside of North America where would you be looking geographically? Which industries?
Thank you for all your help,
Mike
Thank you for all your help,
Mike
Q: Dear 5i
I have considerable cash yet in my portfolio and have been doing some buying of late , easing back into the market .
I feel that the worst is likely over but with Trump and his tariffs how can you know for sure . My one concern still is not ,so much what additional tariffs could be added but what will be the near future effects of the current tariffs that are in place . Even with no additional tariffs the ones currently in place once in effect are likely to cause increased inflation , higher prices , higher unemployment and the potential for perhaps a mild recession . That said , is it wise to be buying a whole lot now and be mostly invested or would it be prudent to be maintaining steady buying , regardless of the potential for the negative consequences of the tariffs once they take effect ?
Thanks
Bill C
I have considerable cash yet in my portfolio and have been doing some buying of late , easing back into the market .
I feel that the worst is likely over but with Trump and his tariffs how can you know for sure . My one concern still is not ,so much what additional tariffs could be added but what will be the near future effects of the current tariffs that are in place . Even with no additional tariffs the ones currently in place once in effect are likely to cause increased inflation , higher prices , higher unemployment and the potential for perhaps a mild recession . That said , is it wise to be buying a whole lot now and be mostly invested or would it be prudent to be maintaining steady buying , regardless of the potential for the negative consequences of the tariffs once they take effect ?
Thanks
Bill C