Q: This could save a lot of pain for fellow 5i members: If you hold U.S cash outside your RRSP and your TFSA... (A) the gain is calculated by subtracting the CAD value of the ACB from the CAD value of the proceeds (B) the buy and sell generate a deemed disposition of U.S cash that must be reported. It had a big effect on my taxes. None of my friends understand this, so it's likely many here have missed this. Because the exchange rate is now far from 1.0, CRA is now looking at that. You can see an example here: http://www.adjustedcostbase.ca/blog/calculating-adjusted-cost-base-for-foreign-currency-cash/. You can go to the tax section of the forum to ask questions.
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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: What is your opinon og gild at this price? Your opinion for the future.
Q: In your esteemed opinion which would be a better way to invest in Gold:
1) Buy the Stock XAU, or
2) open a BitGold a/c, wherein you Cash deposit buys Gold at it then spot Price and you sell at whatever Spot price prevails at time of Sale. $ Cost Averaging alos has a play here.
Many Thanks. Austin
1) Buy the Stock XAU, or
2) open a BitGold a/c, wherein you Cash deposit buys Gold at it then spot Price and you sell at whatever Spot price prevails at time of Sale. $ Cost Averaging alos has a play here.
Many Thanks. Austin
Q: You recently answered a question by Isabel about Sherritt bonds. Where does one go to see what is available in high yield bonds? I use TD Waterhouse as a broker, and when I search high yield bonds, I only find a very small selection, usually 5-10, and I couldn't find the bonds Isabel was asking about. The same thing happened when I searched for Pengrowth Energy bonds that I read about in an article a couple of weeks ago. Where can I get a complete listing? Thanks for your help.
Q: Hello Peter and 5i Team:
Royal Nickel's Value has risen quite a bit when would you sell(next quarterly report) or at what value of common share? I seem to hang on to long so a heads up may help me. Thank you for your time and courtesy.
Hugh in Calgary
Royal Nickel's Value has risen quite a bit when would you sell(next quarterly report) or at what value of common share? I seem to hang on to long so a heads up may help me. Thank you for your time and courtesy.
Hugh in Calgary
Q: Regarding Kim's question about fees her broker might earn from putting her in ETFs. Why not simply ask the broker how he/she gets paid. It's a fair question. If the broker does not provide a clear answer, perhaps it is time to find broker who will.
Guy R.
Guy R.
Q: Hello.
After all the conversation about CXR today, the rumour about Blackstone recently and some with clear support for CXR, how do we know that CXR did not just fabricate the rumour to boost stock price or go to Blackstone desperate for a deal before the company explodes?
Thanks for your thoughts.
Dave
After all the conversation about CXR today, the rumour about Blackstone recently and some with clear support for CXR, how do we know that CXR did not just fabricate the rumour to boost stock price or go to Blackstone desperate for a deal before the company explodes?
Thanks for your thoughts.
Dave
Q: I'd like to use moving averages as one of the buy- sell signals. What time span would you use, i.e. 1,2 or 3 year chart? Would you use a daily or weekly chart to assess moving averages? Thanks.
Q: I manage a part of my portfolio and have some with a wealth management firm that is strictly income. My wealth management firm has been buying a lot of ETF's lately, and I am concerned that I am paying fees to the firm as well as fees on the ETF's, and that overall it is cutting into my income more than I realize. I have been searching the internet for a site that will list the fees associated with ETF's so that I can make some calculations, but can't seem to find one. Do you know if wealth management firms get any sort of kick-back for buying ETF's, and do you (or another member) have a suggested site with fee information easily available?
Q: Hello Gentlemen,
What do you think about Facebook plans to actually split their shares and to introduce new classes of shares? Are there some potential concerns for class A shares owners? Thank you for advice!
What do you think about Facebook plans to actually split their shares and to introduce new classes of shares? Are there some potential concerns for class A shares owners? Thank you for advice!
Q: when HCG did the dutch auction, where did the $150 million come from to buy back shares? did the company use cash on hand or issue debt or shares?
Q: Hi Peter and team
Seeking Alpha has just published a sell recommendation on AVO. Could I please have your view on it and its possible affect on the stock price. It seems to rehash old news like executive departures but also gets into improper accounting practices.
Thanks, Gerry
Seeking Alpha has just published a sell recommendation on AVO. Could I please have your view on it and its possible affect on the stock price. It seems to rehash old news like executive departures but also gets into improper accounting practices.
Thanks, Gerry
Q: With Bombardier getting orders for their aircraft are there companies in the aerospace industry in Canada that will benefit ? I am thinking of Magellan mal. Any others ?
Q: Can you tell me what you know about this company and if you think it would be a good investment in a TFSA?
Thanks for all your work,
FP
Thanks for all your work,
FP
Q: Hi Team
I'm looking at US Label companies to purchase with US$. Is there much growth left in Avery or 3M? Or have I missed the boat? Is there another company you would suggest? Much thanks
I'm looking at US Label companies to purchase with US$. Is there much growth left in Avery or 3M? Or have I missed the boat? Is there another company you would suggest? Much thanks
Q: I know it is difficult to predict the future of currencies. But I am still interested in your opinion on the Canadian to US dollar exchange. With the current price of oil, do you think the Canadian dollar is about as high as it will get, relative to the US dollar, for the next couple of years? Thanks!
Q: Valeant was a company showing everyone that is was not a well run company with no R&D, and a CEO focused only on expansion and looking good to the stock market. And funny accounting.
But the market, Wall Street, Bay Street and most investors willing overlooked it!! Including 5iResearch.
Podcast: As identified from minutes 0:35:10 to 0:45:10
http://www.podbean.com/media/share/dir-4scbv-17fda94
But the market, Wall Street, Bay Street and most investors willing overlooked it!! Including 5iResearch.
Podcast: As identified from minutes 0:35:10 to 0:45:10
http://www.podbean.com/media/share/dir-4scbv-17fda94
Q: when buying stocks you recommend depending on the stock up to a 5% weight based on total portfolio. My question is that since you are limited to how much you can put into a TFSA that a 3-5% of the total may be up to 30- 40% of the TFSA account,you could do very well or lose quite a bit in your TFSA depending on how the stock does.So should there a percentage difference when investing inside the TFSA especially if investing in some growth names that you have provided.
Q: HSE, PXX and CNQ together make up a small percentage of my portfolio. I will hold CNQ but wonder whether you would consider it worthwhile to move from HSE and/or PXX to other energy Co's (TOU?) with better potential? Thanks Jim
Q: Hello, Does MG benefit significantly from the low Canadian dollar in sales of its products to its foreign customers? MG reports on May 5th - any buzz on their earnings? Thanks so much!