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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: I purchased a half position of OTEX in my TFSA with the intention of holding for the long term. I found out afterward that it pays dividends in US dollars. I don't have a US account and the present price is roughly around what I paid for it. I'm wondering if I should sell and buy a full position in my RRSP account. The cost for 3 transactions would be approx. 30$. Do you think this is a reasonable plan, or should I just stay in the TFSA? Thanks, Paul
Read Answer Asked by Paul on February 27, 2017
Q: I noticed today that trading had been halted on Argonaut gold. I believe it is because the company will be issuing shares at $2.40 per share to raise about $40 MM to buy an adjacent property and perhaps(???) raise money for their own uses. Is this indicating further weakness in this name (I purchased at $5.19/share in my TFSA) and should I sell or continue to wait patiently for an eventual turnaround?
Read Answer Asked by ED on February 24, 2017