Q: I am hoping someone in the large 5i family will know the answer to this question regarding holding a TFSA account on TD Direct investing. I have used RBC for my TFSA in the past and held both a Cdn and US dollar TFSA. When I want to add my annual contribution on RBC I am able to transfer either Cdn or US cash from my cash account into the TFSA, as long as I take care to properly calculate the US to Cdn converstion rate, so a not to over contribute. It has always been a simple transfer online.
Now that I have both a Cdn and US TFSA on my TD Direct Investing account, I've been told that I have to sell the US dollars I have in my TD cash account, transfer the amount to my Cdn TFSA and then buy US dollars within my TFSA account if I want to hold US securities in the TFSA US account.
I'm sorry if this sounds confusing, but I am puzzled as to why TD makes you convert US to Cdn and then back again to top up your TFSA. If anyone has experience with TD (I'm a newer client of theirs) and can let me know what I am misunderstanding here, I would appreciate it.
Many thanks!
D
Q: Are you seeing signs of capitulation in these names and are investors are throwing away these quality companies at discount prices? Looking at volume, we see some of the highest volume days around Jan 15th selloff. Is this the bottom and should we begin accumulating? Current positions are CSU 3.2%, LMN 2.6% and TOI 1.3%. These darlings once made up 10% of my total portfolio and is the selloff worrying to you at all or are you still fairly confident in their future looking out 3-5 years? Thanks!
Q: CSU seemed to have created a base between $3,300 and $3,400 but appears to be falling again the last two days to new lows. Is there anything new that explains such movement in the last 2 days. I was hoping that with it settling at $3,300 and tax loss selling over, it would have move up. Quite the opposite.
Q: Hi. I am looking for a small cap for the speculative portion of my portfolio. Can I get your thoughts on these companies. Would you consider any of these names worth buying?
Thank-you. ABBAX, Better Home and Finance.
What are your top 5 US growth stocks that you feel comfortable buying today in the current climate irrespective of sector? I’m ok with a medium level of volatility.
Thank you!
Q: You had mentioned earlier that you were waiting for momentum to change for GLXY. It looks like that's happening. Can you please explain why and is this a good entry point for a swing trade?
Q: Significant gains today based on news that they have secured ERCOT approval to double capacity at their Helios data center and that they have completed their first-ever tokenized collateralized loan obligation. I understand the positive gains in doubling power capacity but could you please explain the significance of the CLO in layman’s terms. Also, their deal with CoreWeave should show results in 2026, I know you like this stock and I bought in on your prior. Could you please evaluate the impact of the recent announcement, apart from today’s short-term spike
Q: Understanding Mr. Market .... I have never been a believer in " The market has priced in " or " The market looks ahead " ..... I am a firm believer in " The market is herded by the loudest barking dog " ..... And there are some things I expect the barking dog to do..... War threat , bark louder , threaten Fed independence, a nasty bite to the dollar , increase taxes { tariffs } a nasty bite to Mr. Market's leg .... The dog's master goes nuts , the dog goes nuts on Mr. Market ..... Yet none of this is happening ..... When and more importantly why did Geo-politics become irrelevant to Mr Market ? ...... The biggest global crisis since the cold war is now very near reality . The invasion of an ally and the dissolution of NATO . Yet Mr. Market is STILL yawning ? ....... What gives ? ..... Thanks for your terrific service .....
Q: Hello Peter
one of the lesser known stocks for the Cdn defence sector, most people like MDA which is volatile, is it good for a medium (1 year) or a long term (3 years) hold ?
I have a partial position, waiting to add, hold or buy more, thanks
Q: What do you think about this company now that the stock price has come back down? What is the forward valuation outlook, debt, management etc? Would you buy here/how much does it matter about the share lockup expiring soon?
Q: I note that HLPR is a total return ETF. How solid do you think it is for purchase in an unregistered account? I would like to shift some of my income in the unregistered account from interest to capital gains. Thanks!