skip to content
  1. Home
  2. >
  3. Investment Q&A
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: Hi Peter/Ryan, I've never held an American company in my accounts and was thinking of adding either BA or LMT in either my TFSA or RRSP account. Which company would you suggest and which account would be better for it, oh and is there a good reason not to hold an American company in either of these account. Thanks for all you guys do.

Read Answer Asked by Nick on May 04, 2021

Q: I am sure this question has been asked before. As a general rule of the thumb that stocks, and etfs should be held in various accounts.
CAD Cash
US Cash

I think I know that US Dividend payers should be in RSP, Growth in TFSA, but do you have a high level how to best allocate various types of Stock assets for Cad, US, and International, along with sector allocation or divend?


Read Answer Asked by Colin on May 03, 2021

Q: Hi group is there any holes in a strategy to transfer all my money out of my TSFA late Dec every year then in early Jan of the following year transfer the money back into TSFA ? from my unregistered cash account - yes i understand that Capitol gains will be due and payable-(i would try to sell the losers first before doing the transfer- does this make any sense with the focus on saving tax- thanks for your guidance on this

Read Answer Asked by Terence on May 03, 2021

Q: Hello 5i,
As I approach 70 years of age I am trying to prepare for my impending RRSP - RRIF conversion. One move I am considering is to move VIG over a period of years from my RRSP to my TFSA. The rationale is that it is a relatively low dividend stock but the capital appreciation is huge - I am currently up about 76% - and this means the increase in VIG value affects my minimum withdrawal required each year while contributing relatively little in the way of dividend income to cover the mandated minimum withdrawals.
One note - for the past several years we have been taking our TFSA contributions from our RRSP's but seem to always end up with a tax refund anyway, so we are not so concerned with the tax issue on that front.
So, to the question (finally): do you see any problems at all in such a move for VIG or any other U.S. ETF or Global ETF? The withholding tax on U.S. holdings in the TFSA is not an issue. Any other comments or suggestions?
Many thanks!!

Read Answer Asked by Mike on April 13, 2021

Q: I have a TFSA with RBC and another with TD. If I switch the RBC to TD will RBC charge a fee for the change and if so how heavy a levy?
Are there any other consequences re such a change as far as the tax free nature of the investment is concerned?

Read Answer Asked by John on April 12, 2021

Q: Hi Team, is there any drawback in owning US stocks in a TFSA or RSSP account. Thanks

Read Answer Asked by Nick on March 24, 2021

Q: there are often questions about replacing positions in a TFSA by way of transfer outs. but then there is mention that there will be a need to wait until the next year to contribute to the TFSA to replenish for this transfer out.
just want to say, to get around this waiting period, I transfer in cash or security one day for the slightly more than I expect to transfer out and then the following day, transfer out the position and then the following day, make an adjustment for the difference between the the transfer in amount and the transfer out amount.
for me, been doing this for some time, aka years, and all is well.....just a heads up but use you own judgment .....Tom

Read Answer Asked by Tom on March 11, 2021

Q: Good morning, could you highlight the types of investments and how best to acquire them, that are most ideal to be held in TFSA to minimize any foreign tax issues.

Read Answer Asked by Steven on March 04, 2021

Q: For these three companies, would they be good candidates for the TFSA, knowing they are smaller capitalization entities? And if so, what order would you suggest doing so or all somewhat equal.

Read Answer Asked by Tom on March 03, 2021

Q: Hi guys. First, thank you for the great advice and it is a pleasure to belong to 5i Research. Based on percentage, how much US or foreign stock/ETFs can I have in my TFSA without having tax implications when I sell? Or, are there no tax implications because the investments are in a TFSA? Thanks.

Read Answer Asked by Mike on February 26, 2021