Investment Q&A

Q: What would be your 5 top picks for TFSA investing for 2025?

Q: The Canadian market has been weak lately, and I think Trump's potential tariffs will mean more weakness near term. Rather than top up a TFSA in January, how about waiting for the near term anxiety to produce lower prices, and then get in?
John

Q: Hi,

Just getting ready to transfer funds from my cash account to my TFSA. I currently have a portion of LMN and KXS in a cash account. I have a larger cap gain in LMN. Which of the two do you feel would be best to move
Into a TFSA. I have the room to move an entire amount of either, but not both.

Or is this a coin toss? The cap gain isn’t much, so really doesn’t matter in the long term. As both have run some in the last month, the decision isn’t as easy as it was when KXS was laboring. Thx

Q: Hello team,
Can you help me understand please whether i should put new monies in TFSA towards bep.un or bepc ? On yahoo, i see bep.un has dividend of 5.87 percent but 1 year return of minus 2 percent where as bepc has dividend of 4.7 percent but one year return of 14 percent. From income and growth perspective, bepc seems to be better bet.. If this is the case, are investors losing out by investing in bep.un? i have huge loss in my rrsp from bep.un so would like to know where to put new monies as it seems brookfield would benefit from the energy transition. Alternatively, am i better off simply putting all my monies in BN and forget the spinoffs.. please explain and thank you ..

Q: Which stocks or ETFs would you recommend for long term to a 25 year old with contribution room of $60K in the TFSA and $8k in First Home Savings account?

Q: Can you recommend 5 new growth stocks for a TFSA. I have DOL, TVE, VHI and WELL. Would you keep these, given the high valuations of some of them.

Q: i was wanting to withdrawal my dividends from my tfsa iwas wnting to put the money back in the tsfa in the newyear along with the 6500.. Can i do this with out tax concerns

Q: I have a gain of US dollars in my TSFA and I would like to withdraw $10000 US dollars before the end of the year. Can I replace the withdrawal in 2025 with $14100 (10000 US dollars times exchange rate 1.41) Canadian dollars?

Thanks for all your professional advice over the year and wishing everyone a very Merry Christmas and all the best in 2025.

Dave.

Q: I'm considering opening a TFSA for a spouse who has a low income. However, he is considered a dual citizen. There seems to be conflicting advice about whether it makes sense to open a TFSA for someone considered a dual citizen,.
Can you clarify this?

Q: Greetings 5i team,
For my 2025 TFSA contribution, I will be adding to existing holdings as listed above. In what order might a person add to these three companies. I note the 6% drop in EQB today.
Thank you very much as always
SP

Q: For a young investor (18 yrs) making regular contributions to a RRSP, TFSA, and FHSA. Using an all-in-one ETF approach, are there all in one ETF's that are better suited for each of the different accounts? Would an all equity ETF be appropriate in any of these accounts?

Q: For my TFSA, I am hesitating between VBAL and XBAL. Which one do you prefer? Because of the U.S. and international component of these ETFs, will there be withholding taxes in a TFSA or other tax considerations we should know about? Thank you for your guidance

Q: Good day,

I am setting up TFSA and FHSA accounts for an 18-year-old with a 15-25 year investment horizon. The goal is to contribute the maximum annual limit each year, which is $7,000 for the TFSA and $8,000 for the FHSA in 2024, and continuing at those levels in subsequent years. From an aggressive growth perspective, without restricting the investment options to Canadian markets, what would you recommend? Also, do you recommend making an lumpsum investment or spread the purchases over time? If so, how do you suggest I spread the purchases.

Thank you

Q: In the Growth Portfolio which stock would you buy now for 2025 TFSA contribution? Long term hold, thinking GSY as it has the highest rating in the portfolio.
Thanks Ron

Q: What happens to a spouses TFSA if they pass away,and you are the registered agent for the account.My question is can you continue to trade ,or do nothing and could the fund continue to grow tax free

Q: Recently I transferred in kind shares of Bell. From my unregistered account to a TFSA.They were deemed to be sold at a loss.Can I claim the loss?.And also my shares of MG that are at a significant loss in my TFSA which I if needed to sell .If I transfer them to my nonregistered account will they be deemed to be sold in TFSA and I would not be able to claim the loss? As allways thanks Larry

Q: Morning, you wonderful people.

Looking to add with your help. I am a believer in tech and growth in my TFSA. Other accounts are balanced.

I hold CSU, AMZN, NVDA, MSFT, GOOG, COST, AVGO, BRK.B, BLK.

Regardless of sector etc. Please let me know your top 3-5 to add to this portfolio. Longterm and conviction!

Thank you muchly.

Q: Hi there! Long time subscriber here, and love your platform!

I'm currently developing a plan to align with my goal of purchasing my first home in about eight years, alongside a long-term investment strategy. I’m seeking your insight on how a person in this situation could responsibly proceed (I understand that nothing here is considered actionable financial advice).

I'm currently contributing $400 biweekly to my FHSA, aiming to reach the $16,000 contribution limit this year. I also have approximately $5,000 in my TFSA, with all funds currently held in cash in both accounts.

For the FHSA, I’m considering investing in a high-growth American ETF, such as VFV, IUSG, or IWO, to balance growth and risk over the eight-year horizon. However, I would only like to invest in CAD (I'm not sure which ones only allow USD). Could you provide guidance on which ETF might be the most suitable for this approach, and why? If you have other recommendations, I would appreciate your insights.

For my TFSA, I'm interested in an aggressive investment strategy, potentially utilizing one of your growth or balanced portfolios. Given my exposure to cryptocurrency, I aim to diversify into equities for greater stability while still pursuing substantial growth over the next 45 years. I'm comfortable with higher volatility during this period. With $5,000 currently in my TFSA, would you recommend specific securities or a strategy that balances high growth with diversification?

While I’d prefer to follow your portfolio exactly, my current funds are only 5% of the $100,000 needed to follow it exactly. As an alternative, I'm considering selecting stocks from your portfolio and eventually investing evenly across the entire growth portfolio when my TFSA grows to an appropriate amount. Given my current $5,000 and my $100 bi-weekly contributions, which companies would you recommend selecting from within those two portfolios? Should I allocate $1,000 each to five different stocks or focus on three stocks with an initial $1,600 investment in each (the more I diversify on such a small number the less the potential return)? Your advice on which equities to select for both approaches and your opinion on the most responsible approach would be greatly appreciated.

Thank you in advance! :)

Q: Hello Team,

I am setting up a TFSA account for my son, he would be saving this money for a house down the road (at least 5-7 years away).

I was thinking maybe purchasing 3-4 stocks and 1 ETF for him to hold, can you let me know what you would recommend. We are going to deposit the max he can deposit which is 19.5K.

Looking to maximize growth.

Thanks.

Q: Hello 5i,

I am 27 years old. I have approx. $100,000 to start a portfolio. I have established with two positions thus far - 5% each in ATZ & BAM. Considering my age, what companies would you suggest I add keeping in mind my focus being a long term growth with a set-it-and-forget-it strategy?

If possible I would like some good dividend generation names which hopefully do not sacrifice some reasonable capital gains.

If you could suggest which of the recommendations would be better suited (tax wise) to put into my TFSA and why that is so, that would be appreciated.



Thank you Peter & Team


-Andrew