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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: Hello:
Can you recommend articles or books that will guide a pre-retiree about asset allocation strategies based on ETFs? (NOT a request for general reading) If 60/40 is dead, then one is bit lost! What next? I know that repeatedly you have said that you don't want to give % of weighting of stocks or ETFs as you feel it is bit personal. Hence my request to guide me to read and learn about asset allocation strategies. Please consider current political/economic/pandemic environment.
Read Answer Asked by Savalai on October 28, 2020
Q: Just wondering if you can comment on the authenticity of the information that is reported on the Financial Statements, most i have looked at on Morningstar, state they are unaudited, which to me means that it can only be taken with a grain of salt, considering corporate fraud is rampant.
Harry Markopolos, has the view that General Electrics accounting is fraudulent, and is warning shareholders about it, he was the whistle blower in the Bernie Madoff case years ago, which i'm sure everyone knows about.
Thanks!
Read Answer Asked by Gordon on October 27, 2020
Q: Dorothy asks:

“Do you know of a site that I can list all my stocks, the cost price, and number of shares and get the following information: gain or loss, with the percentage and the dollar amounts.“

I have used the Yahoo Finance portfolio tool for decades. It’s free and easy to use.

I also use the Globe and Mail portfolio tool, which requires a subscription to the digital newspaper but offers real time quotes and quite good portfolio analytics.
Read Answer Asked by David on October 26, 2020
Q: Do you know of a site that I can list all my stocks, the cost price, and number of shares and get the following information: gain or loss, with the percentage and the dollar amounts. I would like it to be in real time. I have used the TXS Money but as I have used it in the past it is not very consistent and I have had troubles with it. Hopefully you can suggest a different site. Thanks very much Dorothy
Read Answer Asked by Dorothy on October 23, 2020
Q: Hello 5i Team
I have reviewed previous answers regarding tax loss selling, however I cannot find a clear answer to this question.
I sold a stock on September 18, 2020 with the settlement date of September 22.
The thirty-day period from the trade date (September 18) is October 18.
The thirty-day period from the settlement date (September 22) is October 22.
What is the correct day I can re-purchase the stock and claim the capital loss:
1 - October 20 (settlement date October 22)?
2 - October 21 (settlement date October 23)?
Thanks
Read Answer Asked by Stephen on October 19, 2020
Q: Hi, as many canadians I suppose, I am really overweight $CDA in my investments. I try to buy canadian cmies with lots of international exposure to mitigate this risk. Can you please provide your comments on the validity of this argument. For the average canadian investor who plans to stay in Canada, what % of your portfolio would you allocate to US / international stocks? (General rule of thumb). Thank you.
Read Answer Asked by Pierre on October 14, 2020