Q: In my TFSA currently have BCE, ENB, FTS, TRP, CNR, SLF, BNS and TD - Currently down about 5% in the portfolio. I'm looking to make a change to get some growth in lieu of dividends - what would you recommend keeping and buying.
Thanks
Q: RE the 30 day rule. If I sell a stock in my margin account, can I buy it back same day in my TFSA and still claim loss? If not can I purchase it in my TFSA first then sell it from my margin account? Thanks James
I'm putting money towards my TFSA (10K) and was wondering what you think would be the best way to invest it. I was considering starting with 5 stocks: PBH, SIS, CSU, KXS, TOY. My second thought was choosing 2-3 of those stocks and adding in ETF's. Thirdly, I was thinking to invest investing fully into ETF's. I would say that I'm in between balanced and growth in terms of risk.
What are your thoughts? And if the ETF route, which would you recommend?
Q: Good day,
If I have money in a US stock in a US TFSA account, sell the stock and move it to a CAD stock TFSA account ( same banking institution) or visa versa , is there any issues with over contribution? I am with TD if that is relevant.
Thanks,
Paul
Q: My son wants to start a TFSA. I have suggested he begin with 5 stocks. Has about 57.K to invest. How do you feel about the number of stocks and the ones listed ? Many Thanks
Q: Could you tell me if i transferred all of my holdings, eg. Stocks, Etf's from an RSP into a TFSA, if i would take a tax hit? If i did, would it not make sense to do it, thanks?
Q: Hi Peter I have transferd my TFSA to a discount
broker could you sugest ten stocks.I am 80 and
Looking for income .My amount to invest is 75000
Thank you for your help.
Pat
Q: Kolbi recently asked about buying Tencent Holdings for his TFSA. I also looked into this company recently and came to the conclusion that since TCEHY trades over the counter rather than on an exchange it's not a qualified investment for TFSA or RSP inclusion. Please correct me if I'm wrong.
Q: TD allows you to have a TFSA in both Canadian and US dollars. If I hold a Canadian company that trades in the United States in the US TFSA is there a withholding tax on the dividend? Would it make a difference if the Canadian company pays the dividend in Canadian or US dollars. For example, Royal Bank pays in Canadian dollars but trades in New York and Bep.un also trades in New York but pays its dividend in US dollars.also, would you recommend holding Canadian companies in a US TFSA or should one strickly hold American companies.
Thank you.
M
Q: I have sent this question 2 days ago but so far I have not receive the answer
1-Is it possible to put in parenthesis which category the stock belong(e.g. finance ,utility telecom etc.) when you are responding to a question
2-Which stocks do you suggest for TSF for a 74 years client.
Thank you.ebrahim
Q: I bought RRX @ $9.20 in my TFSA accnt. It is now $6.60. Current loss is $760. It pays no dividend. Selling gives me $2,000 to look else where. Any reason to think RRX might move up in the next few months? Should I keep it or sell and move on.
Thanks for your guidance,
Mark
Q: I'm looking at retiring in about 5-8 years from now. Once retired I expect to make "less" money than I do now. I have been contributing the maximum amount into a TFSA since it started and about 1/2 that amount into an RRSP. In general, would I be better off reversing this trend since I'll be making less?
thanks for any suggestions,
Q: I have a full position in my TFSA, in all of these except COV. They are all up except for ENB. I have $12,000 to invest, would you add to the existing stocks or can you suggest others. Thanks for your input, great site. thanks Dorothy
Q: I plan on buying a half position in each of the companies in question (WSP, OTEX, SLF, CCL.B & SJ) Could you tell if they should be in my taxable account or TFSA?
Thank You, Jim
I manage a TFSA for my daughter-in-law. She holds 165 shares of GUD and is presently down $419. I know that you're still positive on GUD, but she's beginning to lose patience. Would you be OK with selling GUD to buy COV (realizing its size makes it more risky) or perhaps buying XHC (which we can do commission free) to stay in the same sector in an otherwise balanced portfolio?
She's 49 years old and is using her TFSA as forced savings by adding $100 each month. (I invest the $100 in a commission-free ETF by looking at the 'best ones' and invest in the one that's down the most on the day that the $100 appears in her account.)
Q: I hold some gold gold ETFs/producers and Blackberry with unrealized losses in a cash account. I was thinking to contribute these in kind to my and my wife's TFSAs. I will have capital gains in the cash account to offset.
What are your thoughts on this?
Thank you.
Q: You mentioned that for ETF's that up to 10% holding is fine, would holding XGD up to 10% be okay if you only have TFSA account and is only around $20,000 and this would be the only material sector stock that you own or is this too high. Currently have a 5% weight.
Thanks