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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: Hello Peter,
For starting TFSA position, i was thinking of Brookfield Asset Management, Goog Ne (CDR) and either Royal Bank or Sunlife.. What makes more sense for a conservative value oriented long term positions? Thanks very much.

Read Answer Asked by umedali on May 04, 2022

Q: I've been looking at the regional and sector allocations of my investments at the total portfolio level (TFSA + RRSP + non-reg), generally buying growth stocks in the TFSA and safer stocks in the RRSP. Does it make sense to continue to look at the allocations and diversify at a portfolio level? Or should I also be looking at it for the 3 individual types of accounts separately?

Read Answer Asked by Alex on April 27, 2022

Q: Based on today price, what are your top 5 stocks to hold in a TFSA for 10+ years with high growth and medium-low risk for that frame period ?
Can you rank then in order if there's one ?

Read Answer Asked by Olivier on April 12, 2022

Q: What are the best types of stocks to include in TFSA for long term hold (15-20yrs) with medium risk tolerance? Growth only or growth + income? Have heard that dividend stocks in TFSA can be good as income can compound over time tax free but if the growth outperformes the dividend yield would that not be better? Also could you include your top 10 Canadian picks right now for allocation in TFSA (sector doesn't matter)? Thanks

Read Answer Asked by Theron on April 05, 2022

Q: In a taxable well diversified account would you take a loss on SQ to buy PYPL or any other US stock in which case please make 3 suggestions. Currently hold AAPL, GOOG, CRWD, CROX. Looking for growth with medium risk. I'm a patient investor but could use some capital loss this year.

Read Answer Asked by Yves on April 01, 2022

Q: DIVIDENDS IN THE US TAX FREE SAVINGS ACCOUNT, DO YOU HAVE TO PAY THE US .15% NON-RESIDENT CHARGE ON US STOCKS DIVIDENDS? THANK YOU, HERBIE

Read Answer Asked by Herbert on March 29, 2022

Q: I have $35,000 CAD to invest in a non registered account. Can you suggest a couple of names worth looking at (US/Can)and why? I have a 7 year time horizon.

Thoughts on how you might deploy? Buy now, in thirds over the next few months or wait?

Thanks

Read Answer Asked by Don on March 15, 2022

Q: In response to a question from Grant on Feb 24 you said "...we think GOOG is one of the easier stocks to buy right now" (re initiating a full position). 25 year-old looking to contribute $6000 to a TFSA, long-term time horizon. Given GOOG is currently trading at around $2700USD (approx $3500CAD) and with only $6k to work with, what do you think of using the CDR alternative (GOOG.NE at about $23CAD) instead, if looking to invest as much as possible of the $6k into GOOG? Was also considering BAM.A (already has some in the portfolio). I know they're both good companies but which of the two would you side with long-term if only choosing one? Thanks.

Read Answer Asked by Bruce on February 28, 2022

Q: someone asked whether transferring between his/her US tfsa to a cdn tfsa would be a disposition and contribution OR an internal transfer with no effect on contributions

i would check with your institution because if they are considered 2 separate tfsa's then this will be a redemption and thus you will not be able to put the $$ to the other tfsa till jan 1 2023

better check than be subject to onerous penalties from overcontributing in 2022

Read Answer Asked by Robert on February 22, 2022

Q: IF I TRANSFER CASH FROM THE CANADIAN T.F.S.A. TO THE US T..F.S.A., WOULD IT BE AN EXTRA CONTRIBUTION OR JUST PART OF THE WHOLE T.F.S.A.? OF COURSE, I WOULD HAVE TO PAY CONVERSION FEES.

Read Answer Asked by Herbert on February 18, 2022

Q: Hi. 25 years to retirement and looking to start investing in TFSA. What are your top 5 stocks for a long term strategy. Buy and hold and OK with volatility.

Read Answer Asked by James on February 15, 2022

Q: I have these holdings in a TFSA shown in descending %. First four at 15% each. Next three at 10% each. Adding $7000. Any additions to what I have? Any new ones? I appreciate the %'s are personal choices ( Part of let the winners run camp). Would you advise trimming?
Have good day. Thanks.
Paul

Read Answer Asked by Paul on February 07, 2022

Q: I have 6K in my TFSA that Id like to deploy. Presently the TFSA contains the following names and the weight for each one of my TOTAL portfolio (Margin+TFSA+RRSP).

EGLX 0.87%
GSY 3.75%
LSPD 1.62%
MG 5.41%
NTR 6.26%
SHOP 2.05%
WELL 1.94%
NVDA 3.42%
PLTR 1.33%
PINS 0.53%
TFII 5.74%
U 2.29%

Should I sell EGLX and PINS since they have dropped below 1% of the portfolio?
Should I add to one, two or three of these names? If so in what order of preference?
Or should I go with another suggestion? If you can list 5 in order of preference.
Any sector CDN or USA.
I will not need the cash for another 8-10 years minimum.
Thanks for all you do.

Read Answer Asked by Marco on February 07, 2022

Q: I have some new money to invest in my TFSA. I am well diversified in my other accounts, and am now wondering what to add to my TFSA. I am a senior so I would say about a 5 year time frame that this would stay in the TFSA, maybe more.
Any suggestions you have would be helpful.
Thanks so much for your help in the past, it has always proved very lucrative.
Shirley

Read Answer Asked by Shirley on February 02, 2022

Q: I'm going to make RSP contributions (for myself and husband) in kind this year from a margin/cash account. Looking for the best candidates. I'd have to report a CG on GSY (376%)or ATD.b (394%) or KXS (210%).
Alternatively, CG on PBH and MG are 18% and 65% respectively.

What stocks (in order of preference) would be good to transfer to RSP? in your wise opinion

Thanks!!!

Read Answer Asked by Brenda on February 01, 2022

Q: Good day. I see folks ask about stocks to add either to RRSP or TFSA. What characteristics define if a stock is more suitable for one than the other? Thanks

Read Answer Asked by Robert on January 27, 2022

Q: We recently initiated a TFSA for a family member (long-term buy & hold); the 10 securities purchased (in approximately equal amounts) were: Aritzia (ATZ), Unilever (UL), GoEasy (GSY), SunLife Financial (SLF), BAM (BAMa), WSP (WSP), Algonquin Power (AQN), Telus Int'l (TIXT), and an ETF called XUSR. Still have ~15% capital (~$12,000) to invest. Which 3 or 4 of these would you have greatest conviction to add to? And/or is there another security which would complement the above?

Ted

Read Answer Asked by Ted on January 27, 2022