Q: Good morning. In my TFSA I am down 40% in both TSGI & TOY. What are your thoughts about replacing these with LSPD and GOOS. This would be for a 4-5 year hold.
Thanks, Peter
Q: If a person has mostly dividend payers in a TFSA and withdraws the dividends received each quarter, how would that affect the contribution room? Is that considered a withdrawal that would increase your contribution room?
Q: This question is about covered call strategies. I know that your mission is primarily to gibe advice on individual stocks but you are often good enough to share your knowledge on other points, as well. So, i will submit this question. If it doesn't fit into your framework, that's ok, too.
I know thatyou like to sell covered calls a month out. If i don't have any intention of owning the stock, i imagine that it doesn't really matter if i buy the stock one month, collect the option and then buy the same stock back again a month later at a higher price. Because i am only interested in collecting money on the money i have. Right? ( i am doing thisin a tfsa. I have googled it but haven't found a definitive answer on whether I can do this there? Am i ok with that? ). If i am going month by month is it better to take a lower payout, knowing that you are more likely to have to give up the stock, or go a couple of dollars less in the premium payout in order to have a higher possibility of keeping the stock, realising that this is a monthly process? a number of questions here so please feel free to subtract the appropriate number of points, if you decide to answer.
Thanks again for your grat service
Q: As a comment on Joe's question about his mother-in-law, there is indeed a lot of questions to be answered but I wonder why there are no TFSAs. The first thing I would do is place as much as possible in a TFSA and especially put as much of the GIC money in it since the GICs pay interest which attracts tax at the same rate as regular income.
Q: Hello 5i,
I am now putting growth stocks in my TFSA after putting in my GIC's over the years. I am holding IWO and LNF in an unregistered account. To complete my TFSA contribution should I include IWO or LNF?
Thank you
Stanley
Happy new year greetings to you. I have cash to add to one of my existing positions in my TFSA. For a long term POV, between FTS or LSPD which would you add to?
Q: Hi 5i,
I'm considering our 2020 TFSA contribution options and wonder whether we should add to our BAM holding (1.7%), OpenText (1.5%) or start a new position in Kinaxis? Our other Brookfield holdings (in registered accounts) include BEP (5%) and BIP (4%). Thanks for your advice.
Q: Happy New Year and welcome to a new decade :)
I plan to take this year's TFSA contribution and divide it equally between ARE, REAL & XBC. The goal is growth. Any dire warnings before I proceed? Thank you.
Q: I need to invest the new $6000 TFSA contribution for my 24-year old son. He won't need to touch the money for a long time. What would be your suggestion for this investment , given that his other holdings are already mainly growth oriented (SHOP, CSU, SIS, PHO, XIC and ZLB)?
Q: I am wondering what your 5-6 best TFSA contrib ideas are for where we are in this market. I am kinda a guy who favours a thematic approach to investing as opposed to buying a roll-up-er like CSU or ATD. I'm looking to buy a name today that is good & getting better and hopefully one that will bear a lot of fruit in 3-5 years. Happy New Year!
Q: Greetings 5i - I am helping my 29-year old daughter with her TFSA. She has $9,500 to invest and we're thinking about putting it into VFV:CA so she has some US exposure. She currently holds BNS, FTS, PPL and PBH. Alternatively, we were thinking of dividing it between AQN and ATD.B or BAM. Would appreciate your thoughts on what's best for a long term hold. Happy New Year to you all.
Q: good morning 5i and all the best of the season to you.
in a question asked earlier this morning someone asked about some core holdings in a tfsa. you gave a handful of stocks which look good. i am always trying to allocate stocks in the best account. one of the points i look at is dividend yield. i try to gwt higher yielding Canadian stocks into my non registered account in order to get the dividend tax credit. of course you lose this in a tfsa. i noticed that a couple of the stocks which you mentioned as core holdings in a tfsa had dividends. MG for instance has over a 2 % yield. i was wondering what considerations do you take into account when looking at putting a dividend paying stock into a tfsa?
thanks
Q: Hi. I own TCL.a in a non-registered account & NFI in a TFSA, both at a huge loss currently. My questions are:
1) What do you think is the risk of continuing to hold these stocks now?
2) What do you think of their potential over the next year and in the years beyond? Do you think they can recover?
Since NFI is inside my TFSA, should I sell it and buy something else? TCL.a could sell for a capital loss. If I have to sell either one, which one should go first? Or should I wait another quarter before doing so? Thanks for your help.
Q: Can I transfer some BYD.un from my non registered cash account to my TSFA. I would use the max contribution for 2020 or $6,000 I suspect that the moment I transfer then it triggers the Capitol gain on my cash account is my assumption correct ? is there any other way to take cash from TSFA in shares or cash. ?Thanks
Q: Bought this stock some time ago @ $1.25 and now $2.40 It has had a progressive positive climb. Thoughts about this company"s future?
Thank for your review!
Q: Good morning 5i,
Once again thank you for the excellent service and advice that you give so generously. This morning there was a question about putting Boyd into a TFSA. I had been wondering the same thing. But, you mention that you dont really see it as a high growth stock. I imagine I would be better to put Google in, if I want growth. That means another capital gain, however. The beauty of Boyd is that you have to take the cap gain anyway. Getting to be a long story here. But, how would Parklawn compare with Boyd in putting in a TFSA?
thanks