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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: A family member entering post-secondary school owns these stocks in their TFSA on an approximate equal weighting of $4,000. They have $8,000 to contribute and invest this fiscal.

The objective is growth with some risk; maintenance of capital is a secondary objective.

If allocating in $4,000 increments would you add to one or more of the existing investments or are there one or two you think would be better suited to a young investor over a 3 - 5 year investment horizon?

Thanks so much.
Read Answer Asked by Dave on January 12, 2024
Q: I have contribution room of $17000, for 2024 due to a cash withdrawal of $10,000 in late 2023. I would like to move the largest portion of this years contribution from my RRIF withdrawal for 2024 with stocks that have performed well over the past, these include, ,topicus, goeasy, first service, wsp, BNS, Td, TFI Int., Almentation couch Tard and Shopify.
At the moment I am looking for an outside opinion from 5i, on the best most profitable to fill my 2024 contribution.
Looking forward to your response.
Rick
Read Answer Asked by Rick on January 08, 2024
Q: Would these be good candidates for a TFSA ?
Read Answer Asked by Robert on January 05, 2024
Q: Which 3-5 Canadian stocks would you be buying with your TFSA & FHSA contribution?
Thank you
Read Answer Asked by Gowtham on January 05, 2024
Q: Do you have any timely and suitable names for my TFSA contrib this year? I tend to buy things that are quite growthy in my TFSA. As such its already chock full of technology. Open to US or Canuck names but they need to be quite liquid. Happy New Year
Read Answer Asked by Martin on January 04, 2024
Q: Hello 5i,

If you were to start a 15,000 USD TFSA which 3 funds would you start with?

Thank you

D&J
Read Answer Asked by Jerry on November 30, 2023
Q: Hello 5i

My TFSA needs some torque - can you recommend three US growth stocks and three Canadian growth stocks that you find compelling to buy today for a 3-5 year hold?

They do not need to be sector or risk specific.

Thanks so much - very appreciated!
Read Answer Asked by Josh on November 30, 2023
Q: Re: Jean's question about moving loose cash (presumably a smallish amount) out of the TFSA before year's end.
It makes sense to me if in 2024 I intend to make a contribution in-kind from my non-registered account. That extra bit of contribution room will enable me to transfer a greater quantity of stock to my TFSA, thereby putting that loose cash to good use.

Chris M
Read Answer Asked by chris on November 21, 2023
Q: According to Dale Jackson on BNN Bloomberg today, it's a good idea to withdraw loose cash from the TFSA account before year end in order to add the amount to next year's contribution? Please explain because I don't see how moving cash out to put it back would be interesting.

Thanks
Read Answer Asked by Jean on November 20, 2023
Q: Dear 5i
Could you rate in order of preference the listed stocks for inclusion into a TFSA account . Are there any other stocks you might include on this list that are good at this time for a TFSA account ?
Thanks
Bill C
Read Answer Asked by Bill on November 09, 2023
Q: WHAT ARE THE DIFFERENCES BETWEEN CANADIAN TFSA AND US TFSA TAXES AND ETC.? AND REASONS FOR PICKING ONE OVER THE OTHER?
Read Answer Asked by Herbert on October 30, 2023
Q: Hi 5i,
I understand each investor has their own idea of risk but I would be interested in getting your thoughts. In regards to small caps stocks I believe I choose quality at an attractive price with a plan to hold forever (of course they don't always work out and I may eventually sell them). I struggle with whether to buy them in my TFSA and/or NonReg account. TFSA is great if the stock appreciates dramatically and the NonReg is great if I pick a loser and I sell it for a capital loss. Can you perhaps provide some words of wisdom how one can approach this dilemma. Thanks
Read Answer Asked by Ian on October 11, 2023
Q: Hi 5i Team - I am interested in buying more U.S. stocks and have a non-registered U.S. dollar account as well as a TFSA account in Canadian dollars. Are there any concerns over buying U.S stocks in the TFSA account? eg. Are U.S. capital gains and dividends still tax exempt in a the TFSA. Any advice as to preferences re which account to use would be appreciated.
Read Answer Asked by Rob on September 01, 2023
Q: Hi Team,
For an 18 year old who just opened their TFSA and starting with $6500, what stocks or ETFs (CDN and/or US) would you start with? There are no trading fees so there is no worry to buy 10 names if that is the best way forward.
Thanks
Read Answer Asked by Marco on August 22, 2023