Q: I have BNS at 3% in my TFSA and have been considering switching to BAM.A.CA for diversification in the financial sector and for possible increased growth. I realize the dividend from BAM is less than BNS and am not aware of which currency BAM is paid out in. I would appreciate your input re pro /con of making this switch.
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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: Where would you put new money to work in a TFSA as of today? My portfolio is fairly well balanced and I won"t need the money even at 74 years of age for a long time. (Ever the optimist).
Q: Good morning guys:
How many stocks should one own in a tfsa. I presently own 7 stocks .
Thank u
Mark
How many stocks should one own in a tfsa. I presently own 7 stocks .
Thank u
Mark
Q: Are taxes to be paid on all dividends received in a TFSA or only on US $ dividends.
Thanks
Thanks
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Algonquin Power & Utilities Corp. (AQN)
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American Hotel Income Properties REIT LP (HOT.UN)
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Nutrien Ltd. (NTR)
Q: I hold the above stocks in my TFSA. Since they pay dividends in USD I plan to journal these holdings to the USD side of my TFSA. Is there any risk that it could be deemed an over contribution by the CRA? I hear of cases where transferring TFSA assets from one account to another causes this over-contribution.
Q: For someone in their mid 60's, what would you recommend for their TFSA?
Q: Can you transfer shares in kind to a TFSA, and if so does that action trigger a capital gain at the time of transfer?
Q: "Descartes Launches Advanced Analytics Solution Using Microsoft Power BI for Logistics and Supply Chain Operations"
This looks like DSG is moving directly into the same space as KXS, could you comment on this news.
This looks like DSG is moving directly into the same space as KXS, could you comment on this news.
Q: Given a 15% withholding fee for US investments, which S&P based index fund would be the most favourable to hold in a RRSP in Canada. Either HXS, VFV, XSP, ZSP to reduce the yield drag on non-recoverable withheld taxes. Of course HXS has none withheld to date but does have a pending distribution perhaps at year end.
Q: Hello. Looking for a recommendation in the telecomm, materials, and energy sectors. Can you also let me know if you see them as more stable companies IE better fit for my RRSP, or have the potential for higher growth so maybe a better fit for a TFSA? Im 40 so long runway ahead and ok with some volatility for the sake of growth over time.
Q: Can you recommend a 5g etf.?
Q: Can you offer your best 5 ideas for a TFSA.
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Bank of Nova Scotia (The) (BNS)
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BCE Inc. (BCE)
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Enbridge Inc. (ENB)
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Sun Life Financial Inc. (SLF)
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Brookfield Renewable Partners L.P. (BEP.UN)
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Algonquin Power & Utilities Corp. (AQN)
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CAE Inc. (CAE)
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Chartwell Retirement Residences (CSH.UN)
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Alaris Equity Partners Income Trust (AD.UN)
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Thomson Reuters Corporation (TRI)
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A&W Revenue Royalties Income Fund (AW.UN)
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Brookfield Infrastructure Partners L.P. (BIP.UN)
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OneSoft Solutions Inc. (OSS)
Q: Hi 5i,
Hold the above companies in my TFSA ($30,000). % holdings around 10% for each, except CAE, OSS TRI, AD which are 3% - 5%.
Looking to deploy $5,000. Looking at d-un, dir-un, Telus & Fortis.
Safety and Income preferred, as in mid 60's. I would certainly welcome any other suggestions.
Thank You.
Larry
Hold the above companies in my TFSA ($30,000). % holdings around 10% for each, except CAE, OSS TRI, AD which are 3% - 5%.
Looking to deploy $5,000. Looking at d-un, dir-un, Telus & Fortis.
Safety and Income preferred, as in mid 60's. I would certainly welcome any other suggestions.
Thank You.
Larry
Q: One of my kids just turned 18 and has $6,000 to invest in a new TFSA. What would be your best 4 to 6 CDN equities for long term growth with a moderate risk profile?
Thanks in advance,
Greg.
Thanks in advance,
Greg.
Q: How many stocks would you suggest within TFSA of $25,000? Currently own 14 stocks in TFSA (AEM AQN ATD.B BEP.UN BNS ENB KXS MG NFI PBH SIS T TOY WSP).
Rest of portfolio (my RRSP, my husband RIF, lira & TFSA) reasonably well diversified for income conservative investors.
I appreciate your advice.
Rest of portfolio (my RRSP, my husband RIF, lira & TFSA) reasonably well diversified for income conservative investors.
I appreciate your advice.
Q: This is regarding Douglas' question today about selling US listed stocks held in an TFSA. It is my understanding that any buy and sell in an TFSA account, Canadian or US listed, are not subject to tax, and has no bearing on next years's contribution room as long as there is no withdrawal. Please clarify. Thanks
Q: Regarding TFSAs and the withdrawal rule. (I have asked my broker and researched the CRA site, unsuccessfully).
If I transfer an inter-listed Canadian stock to the US registry, and then sell it, what is the contribution room in the following year? Is it the C$ equivalent of the sale, at the time of sale, or the C$ amount at the time of transfer, or the C$ equivalent of he sale proceeds at the time of re-investing? And what exchange rate would be used...…..bid, ask, or middle?
If I transfer an inter-listed Canadian stock to the US registry, and then sell it, what is the contribution room in the following year? Is it the C$ equivalent of the sale, at the time of sale, or the C$ amount at the time of transfer, or the C$ equivalent of he sale proceeds at the time of re-investing? And what exchange rate would be used...…..bid, ask, or middle?
Q: My wife sold three longtime holdings in her RSP to free up some cash for future promising purchases. The next day she purchased the same stocks from her cash balance in her TFSA. Are there any particular implications to doing this that she should be aware of, other than usual portfolio diversity and weightings.
Q: What would you consider the best two growth stocks to add to a TFSA at this juncture? Thanks.
Q: What portion of the dividend is withheld from US stocks in your TFSA and is there any tax consequences with that