Q: This is an additional comment to Scott's question regarding RRSP to RRIF with USD. These are the types of situations why I stopped using banks as investment brokers and moved to other more "friendly" options such as Questrade, Qtrade, etc. In your case I would consider that if TD doesn't want to accommodate you in this particular situation you could tell them to take a long walk off a short pier! Banks need to look up from their documents and take notice that it's now 2024....
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Further to Scotts question regarding US Riff, I wish to confirm that I deal entirely with TD and have a US Riff. No issues what so ever
Q: I have a CND and USD side to my RRSP at TD Webbroker. I was surprised to learn that when I convert these RRSP's to RRIFs I can only open a CND RRIF at TD so I will be charged currency conversion fees everytime I receive USD dividends or sell US stock in the RRIF. Given that I have a significant USD allocation to my RRSPs this presents a large issue for me. Is this policy unique to TD or is it a RRIF restiction to hold USD??
Many thaks
Scott
Many thaks
Scott
Q: Hello 5iR,
What is you opinion of AFN after this pullback, which seems quite harsh? A buy here or sell or hold. Thanks
What is you opinion of AFN after this pullback, which seems quite harsh? A buy here or sell or hold. Thanks
-
Manulife Financial Corporation (MFC)
-
Sun Life Financial Inc. (SLF)
-
Fairfax Financial Holdings Limited Subordinate Voting Shares (FFH)
-
Berkshire Hathaway Inc. (BRK.B)
-
Topicus.com Inc. (TOI)
Q: Hello Peter,
You had provided Tppicus expected numbers: 34 cents for EPS and $292M Euros. The company beat the revenue numbers but was short on EPS; however , Cash flow per share grew. Analysts in general seem to focus on Revenue and EPS; When looking at analysts estimates, i dont see CF per share mentioned. Why is that? If i had to choose between sunlife, manulife and Fairfax, which one would be your top pick? There was an article in the Globe that Fairfax has a huge runaway when comparing to Berkshire.. Any comments please. Thanks very much.
You had provided Tppicus expected numbers: 34 cents for EPS and $292M Euros. The company beat the revenue numbers but was short on EPS; however , Cash flow per share grew. Analysts in general seem to focus on Revenue and EPS; When looking at analysts estimates, i dont see CF per share mentioned. Why is that? If i had to choose between sunlife, manulife and Fairfax, which one would be your top pick? There was an article in the Globe that Fairfax has a huge runaway when comparing to Berkshire.. Any comments please. Thanks very much.
Q: Hello 5i team,
Do you still see a positive future for CAR.UN? Could you please indicate whether their distributions are eligible for the dividend tax credit?
Many thanks!
Do you still see a positive future for CAR.UN? Could you please indicate whether their distributions are eligible for the dividend tax credit?
Many thanks!
Q: Not really a question, more a comment.
HPS would have been a perfect candidate for a collar trade prior to earnings, IF options were available,which they weren't
With such an impressive gain prior to earnings there was a big risk of a major stock decline if earnings weren't met.
A 23% decline in 2 days is pretty painful, regardless of how the stock has performed to date.
An option to hedge would have been nice.
Sheldon
HPS would have been a perfect candidate for a collar trade prior to earnings, IF options were available,which they weren't
With such an impressive gain prior to earnings there was a big risk of a major stock decline if earnings weren't met.
A 23% decline in 2 days is pretty painful, regardless of how the stock has performed to date.
An option to hedge would have been nice.
Sheldon
-
Ulta Beauty Inc. (ULTA)
-
e.l.f. Beauty Inc. (ELF)
-
Lvmh Moet Hennessy Louis Vuitton SE ADR - Level I (LVMUY)
Q: I see that you are still recommending ULTA as a BUY. What makes ULTA one of your favorite positions? What would be a good price.to buy ULTA? When do you expect the stock price to stop falling?
Which of these would you buy today for a 3 year hold:ULTA, ELF and LVMUY?
Which of these would you buy today for a 3 year hold:ULTA, ELF and LVMUY?
Q: I am learning to use portfolio analytics (PA). PA provides some guidance that makes a lot of sense from a tax efficient perspective. For example, it recommends to place Canadian dividend payers in unregistered accounts and Canadian and US growth funds into TFSAs. Are there any downfalls to not having each account diversified?
Q: Hello
Could you comment on most recent earnings?
Thank you very much.
Stephane
Could you comment on most recent earnings?
Thank you very much.
Stephane
-
BMO Covered Call US Banks ETF (ZWK)
-
Hamilton Enhanced U.S. Covered Call ETF (HYLD)
-
Global X S&P 500 Covered Call ETF (USCC)
-
Hamilton U.S. Equity Yield Maximizer ETF (SMAX)
Q: Thanks for all you do do us little guys and gals. I would be interested if you know of a good ETF for income with a 5% + dividend with significant US exposure BUT bought in CAD$? If not any US company stocks with a 5%+ dividend that I can buy on the TSX? Thanks again. Dan
Q: Hi Peter, I'm looking at the WELL.TO chart and see that three times over the past half year there has been a dramatic spike in share price followed by an immediate and equally dramatic sell-off taking the stock lower than the pre-spike level. I know you don't have a crystal ball but you do have a lot of experience with Canadian small/micro caps and was wondering how you interpret this price action. Is it people who lost on the stock and are waiting to recoup some of there losses?
Do you still consider this a undervalued small cap stock? Technically, it is a basket case.
David
Do you still consider this a undervalued small cap stock? Technically, it is a basket case.
David
Q: I read in CNN today that in India, "UPI (Gov't entity) allows users to use their phone as a virtual debit card, transferring money from almost 600 member banks and fintech companies instantly without entering bank details or paying transaction fees."
1) Can you think of any stocks which would benefit from this?
2) If this is happening in India, when will Canada wake up? Do you see this coming?
1) Can you think of any stocks which would benefit from this?
2) If this is happening in India, when will Canada wake up? Do you see this coming?
Q: Please comment on FN quarterly results. Buy, Sell or Hold?
Q: I have been holding Well for a while now and while dissapointed in the share price I am not dissapointed with the financial results. Allways they could be better but I felt the company is moving in the right direction. I'm struggling with "market sentiment" and how to include this in my investment decisions.
It feels like if I could get a handle on this I could get in front of a stocks ups and downs and adjust my position accordingly.
I'm not expecting a definitive answere but just some advice how to value and navigate "market sentiment." Thanks John
It feels like if I could get a handle on this I could get in front of a stocks ups and downs and adjust my position accordingly.
I'm not expecting a definitive answere but just some advice how to value and navigate "market sentiment." Thanks John
-
Vanguard FTSE Developed All Cap ex North America Index ETF (VIU)
-
Vanguard Total International Stock (VXUS)
-
Vanguard FTSE Developed Markets ETF (VEA)
Q: Dear 5i
I need to increase my international exposure substantially . What 1-2 ETF's would be your top choices for this . What would your choice be for a basic material ETF ?
Thanks
Bill C
I need to increase my international exposure substantially . What 1-2 ETF's would be your top choices for this . What would your choice be for a basic material ETF ?
Thanks
Bill C
Q: Your thoughts on the quarter please?
Thx
Thx
Q: Hello 5i,
On April 26 in an answer to a question from Rob you said LMN lost $2.8billion due to a non cash adjustment on CSU preferred shares conversion.
My question is: Will this event be repeated? If so, how often?
The optics of "losing" $2.8 billion generally doesn't sit well with investors.
Thanks
Dave
On April 26 in an answer to a question from Rob you said LMN lost $2.8billion due to a non cash adjustment on CSU preferred shares conversion.
My question is: Will this event be repeated? If so, how often?
The optics of "losing" $2.8 billion generally doesn't sit well with investors.
Thanks
Dave
Q: Hi Folks,
I would like to add to my holdings in either MSFT or GOOG in my RRSP account. May I have your opinion as to which one you feel would be the better choice at this time.
Thanks
I would like to add to my holdings in either MSFT or GOOG in my RRSP account. May I have your opinion as to which one you feel would be the better choice at this time.
Thanks
Q: Hello,
General best practice question here on portfolio diversification based on a question asked many years ago.
1. If you were starting fresh with an equity portfolio, how many names would you choose and would they all be equal weight by name? Within that number, would you have a recommendation investing in a set number of ETF's?
2. Would you recommend adding stocks across each of the 10-14 sectors (or prioritize specific ones) and apply the same weight?
3. In terms of tax benefits, would you tend to hold US stock in a TFSA or RRSP? I seem to read conflicting views.
General best practice question here on portfolio diversification based on a question asked many years ago.
1. If you were starting fresh with an equity portfolio, how many names would you choose and would they all be equal weight by name? Within that number, would you have a recommendation investing in a set number of ETF's?
2. Would you recommend adding stocks across each of the 10-14 sectors (or prioritize specific ones) and apply the same weight?
3. In terms of tax benefits, would you tend to hold US stock in a TFSA or RRSP? I seem to read conflicting views.