Investment Q&A

Q: I have USA stocks with a value of 120K with Canadian Broker.
Do I need to fill out Form T1135 and if yes which box do you think it applies to me.

As per simplified reporting method
I need to check boxes that apply to me
Funds Held outside Canada
Shares of non-resident corporation (other than foreign affiliates)
Indebtedness owed by non-resident
Interest in non-resident trusts.

Thanks for your help.

Q: Hi Guys I am looking for an ETF to hold in my RRSP for long term that would mimic the S&P or DOW can you recommend a couple with low fees? Do you think this is a good idea to get a broad basket exposure to that market? Any other EFT recommendations i.e. Canada or international would be nice as well. Take off what you think for question points.Thanks

Q: Are there any ETFs that are the equivalent to ZUH but are traded in American dollars?

Q: We have 2 RRSP portfolios 2 TFSA portfolios 1 locked in pension plan portfolio which I manage. I have recognized that there are different tax implications for the investments in each type of account and have invested accordingly to suit.I'm now drawing income from our investments and work with my accountant to withdraw as tax efficiently as possible.The question I have is would you manage these accounts as a separate portfolio in each account or as one overall portfolio when looking at percentage allocation of a Stock,ETF,or Fixed Income.

Q: Hello 5i:
I would like to have a better understanding about market sectors that are benefiting from higher inflation, and sectors that are preferable when inflation is lower than expected. Is it possible to make such a clear cut categorization, and if yes, in which sectors shuld I invest during inflationary and deflationary times?

Q: Selling home due to an overseas posting which will last 3-4 years. What do I do with our "HouseMoney" - (approximately 450k)during our time overseas. Banks GICs are so low at 1.65%, can get 2% with EQ bank online. Interests would be at least 29% taxed! Can't afford to risk our house money on equities as we will have to buy back into housing market upon our return to Canada and will likely retire then as well.

Q: I'm considering a portfolio review but have concerns regarding your admitted bias towards small/mid size stocks. We are retired and our investing objective is primarily wealth preservation with some growth. I am primarily a large cap dividend investor in my main portfolio although I have initiated a small position in your balanced model portfolio in my TFSA. If I were to request a review, would you be recommending primarily mid to small cap stocks for the portfolio, or would you feel comfortable recommending more larger cap stocks given my preference?

Q: do you have any information on
Steinberg global value fund
Steinberg high yield fund

Q: Dear 5i
What can you tell me about the following in terms of quality , MER and yield .
!-Mutual fund BMO Tact GBL EQ ETF SER F-NL
2-Mutual f. fixed income DYN Active core BD PRIV F-NA
3-Mutual F. fixed income BMO Tact GLB BD ETF SER F-NL.
Are these keepers or can i do better elsewhere ?
These 3 represent approximately 68% of my current portfolio with my financial planner . I`m 62 and plan on retiring in 2 years .The rest of the portfolio is in various growth stock .
Thanks
Bill C.

Q: Dear 5i
I am 62 and plan on retiring in 2 years . I am open to positioning myself for 2 more years of some growth but preservation of capital is also important .
I have about 1M in RRSP`s and and close to shifting this amt to my brokerage co. to invest .
I`m thinking the following
1-$300,000 into Income portfolio including 10 good stocks from the Balanced Equity.
2-$300,000 into two different Bond ETF`s (fixed income )
3-$400,000 into 4 different ETF`s.
Does this setup look good to you and if so what ETF`s might you recommend given the current economic climate and my age ?
I don`t need income from the investments currently but think its important to have good dividend growth along with some capital gains .
I`m like most and prefer not to pay high MER`s as well.
Please deduct more than one question for this .
Thanks and looking forward to your response .
Bill C.

Q: Hi 5i team,

I want to sell into the market now to raise the level of cash in my portfolio. I need advice as to what stocks to sell first, given the current market conditions. Should I sell growth stocks first? Or income stocks first? Should I sell certain sectors first? Should I first sell stocks that are in a loss? Or stocks that have the highest % of gain over book value (ignoring tax)? Should I sell stocks that are close to 52 weeks high first? Please explain your strategies if you were to reduce the equity holdings to raise cash for your portfolio. Thanks for your guidance.

Q: Hi5i,
Would you have any ETF recommendations in the small to mid cap energy sector.
Thanks Dave

Q: Hello 5i
I plan on shifting a large sum of RRSP monies from my financial planner over to Questrade so i can manage it myself with the guidance of 5i Research of course .
Should i be concerned with the safety of these investments with Questrade in terms of account hacking etc via computer . Do brokerage companies generally have insurances for this type of thing ? I really don't want to be putting myself in a position of high risk unknowingly .
Thanks
Bill

Q: Hi, I want to Invest some of my cash outside of Canadian and US markets. I would appreciate if you can suggest a few markets with good valuations and potential. I do not want to pick individual stocks, but instead would buy an ETF.
Thanks

Q: I am confused. The 30 day rule for buying a stock you sold only applies to a cash or margin account and only applies to losses not gains on that stock. The 30 day rule doesn't apply in an RRSP, RIF or TFSA account. Is this true? Thanks.

Q: Would it be possible to include whether the dividend of companies that you cover qualify for the dividend tax credit or contain foreign income or return of capital? This information is a lot harder to find on company websites than I thought it would be since I think is quite important information. I appreciate it might be hard to include provide this info for every question asked (thought it would be nice when the question does pertain specifically to the dividend) but the Reports should include it, I think. It may also help to cut down on the number of questions as to which account stocks should be held.

Thank you.

Paul F.

Q: I bot a warrant several years ago for $3.00. It will run out in June of this year and is now worth two cents. Can I do nothing and just this run out or do I have to sell it. Money from the sale will not cover the brokers fee.

Q: Recently a member suggested The Cerbat Gem as a free investment news and recommendations site. May I advise caution as concerns this site.

Yes, they aggregate press releases, broker reports, and trading monitors in an impersonal (robotic?) style, and perhaps this provides a useful service. But there is little to distinguish The Cerbat Gem from (for example) The Stock Rover, Buckeye Business Review, Chaffey Breeze, Rockville Register, The Markets Daily, Community Financial News, Key Gazette, etc., etc., etc. - all of whom print variations on essentially the same information.

Still not put-off? Consider, then, that the site's Omaha, Nebraska street address can't be located via Google maps, and that it shares a Florida phone number with Sports Perspectives (another address-unfindable investment-news site.) Indeed, we might wonder whether its real purpose were to generate webpages which, subsequently, show-up on news-based search results, thereby creating click-bait for the site's endless pop-up ads.

Q: Your readers may be interested in a couple of free investment sites that I use.
The first is Globe Investor/My Watchlist which publishes daily
(before the market opens)-Analyst upgrades & downgrades and Small cap stocks to watch.Then the next day some of the selections are reported in the Globe & Mail. For instance Cirius Trust was an upgrade yesterday and was covered today in Eye on equities in the Globe & Mail. This morning before the market opened Shopify was upgraded .
The 2nd is The Cerbat Gem ,a U.S. site that covers investment news and recommendations from numerous investment houses in Canada & U.S.
Recently they had reports on Crh,Sis and Zcl.

Q: CAN YOU PLEASE PROVIDE SOME INFORMATION ON THE ABOVE NOTED SECURITY?
The yield exceeds 7%.
Is it suitable for a conservative income investor?
Thanks