Investment Q&A

Q: I have a TFSA with BMO at 40%, SYZ at 10% and unfortunately TA at 11%. I have 18.5k to invest. Overall I am down. Can I please get your recommendations? Good for the long term.

Q: I have a well diversified portfolio and was wondering which 3 stocks, beat up or otherwise, you would recommend today for purchase in a TFSA. Thanks!!

Q: If someone has only $35,000 in their TFSA and no other investments, what stocks would you recommend?

Thanks
Dolores

Q: I have about $20000 in the account and loss of about $1500 which stock would you advise for this account minimum 5 years investment?.

Q: Hello Peter and team,

My 20 year old nephew just opened a Scotia itrade account this week, how much can he contribute into his TSFA?
Scotia itrade has free ETF trading. For dollar coast averaging, which 4 or 5 ETF's would you recommend for a beginning investor?
http://www.scotiabank.com/itrade/en/0,,4200,00.html

Thank you,

Brent

Q: Hi
Ihave a few shares in my US account both are spin off from L Liberty which I bought in2004 DTV has a nice Capital Gain and I would like to know if it is a good
idea to keep them or transfer both of them into my TSFA US Account.
thanks a lot
margit

Q: Gentlemen. A quick question about TFSAs. My wife and I have both contributed the maximum allowed up to this point. The limit has been increased to 10000.00. Is the extra 4500.00 for this year and future years contributions. Or is it retroactive back to the beginning?
Thank you.
Ron

Q: Canadian Solar is trading on the US stock exchange and, to my knowledge, is not trading in Canada although a Canadian Company. I would be interested in your assessment of this Company. With the demand for solar expanding and the cost of solar panels dropping it would seem like a good long term investment. What do you think.

Q: Hello,
G&M`s Scott Barlow recently advised placing US health and tech ETF`s in a TFSA account. Would you agree, or should equity ETF`s be held in a sheltered account?
Thanks!

Q: Hi Peter & Team

If you where opening a tfsa account what stocks would you start with Stocks with growth & dividend increase

Thanks Mike b

Q: Due to past circumstances and bad advice the majority of our investment portfolio is in Registered Accounts leaving our TFSA's with plenty of room. Would it be wise to gradually over the next 10 years of retirement move (I am not sure if I can move stocks directly in kind) some of the registered $$ which consist of 5i Balanced and Income portfolio stocks to max out the TFSA allowing the stocks I own to grow tax free. I would of course have to pay the tax on RSP withdrawals along the way. I do realize that I would have to manage income accordingly in order not to jump into the next tax bracket. The stocks I would move would be higher growth stocks in order to take advantage of the flexibility of the TFSA. Any advice is appreciated. Many thanks!

Q: Do you know of an app. or spreadsheet to track contributions, withdrawals and contribution room remaining for the year. Simple I know, but also tricky.

Thanks

Q: Assumptions: proper sector diversification and adequate fixed income products are already covered in my total portfolio. What ETF's (4) would you suggest for our 20k investment for 2015,we are 72 and have nothing outside Canada.

Thanks to all

Q: Now we can place 10,000. in tfsa can i place 4,500 dollars more right now to have my full tfsa in my account. I had place already 5,500 dollars before. Thanks

Q: http://www.tfsa.gc.ca/

Looks like it will be retroactive if passed.

Q: I just read on line (Google when can the additional money be put into tfsa) the cra will not penalize anyone who makes a contribution as of today of $4500. Even though it has not been approved by parliament the cra considers it approved as of budget date yesterday. So I plan on adding $4500 today.

Q: Hi 5i,
While it may be a bit premature, my question is: at what point can we use the increased TFSA limit? I have tried looking for this information but haven't found anything concrete to indicate exactly when it is safe to make the additional contribution. As we know, there is a consequence for over-contributing and the term "immediately" used in the budget might not really mean "immediately" from a practical point of view. Can you or the members offer any clarification?
Thanks!!
Cheers,
Mike

Q: Good morning,General tax question.Bought US shares in 2012 at exchange rate of 1.0008 and sold in 2014 at rate of the day of 1.1074. Do I adjust the cost at rate of day and sales price at rate of day before calculating gain/loss or calculate gain/loss and convert that figure only at rate of day of sale?
Makes a big difference! Thanks.

Q: Good morning,
I can't seem to find the answer to the following question in your TSFA section and do not want to assume. Can you please confirm that I can sell a stock and buy a new one to replace it or would the sale be considered taking funds out of the TSFA. In other words, can I trade at will inside a TSFA similar to RRSP?
thanks
Jean

Q: I am trying to find a few stocks to buy for my TFSA that pay dividends or perhaps have a lot of growth-or, both. I own all large cap blue chip stocks in my RRSP & non-registered trading account-so, looking for something different in the CDN universe? Obviously these need to be fairly safe as any loss would not be elligible to claim against gains from my NR account.