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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: Please comment on recent results on Aug 7.Reported that its CEO bought $1m worth of shares on Aug 28.Please advise percentage of holdings of CEO & all insiders.Is this a good time to nibble,say 2% of eventual 5%?Between NFI & LNR,what"s your preference?Thanks for u usual great services & views
Read Answer Asked by Peter on September 04, 2018
Q: As per u many positive comments,I am going to buy BNS for myself & 30yr old daughter.Please adise for which a/c-RSP,TFSA or Non-registered a/c.My RSP will be transferred to RIF by this year end,A required withdrawal in 2019 will most likely reduce my OAS..Also please which a/c should the purchase for my daughter,Thanks for u usual great views & services
Read Answer Asked by Peter on September 04, 2018
Q: Thanks to the recommendations by 5i, I now have a good problem on my hands as it pertains to capital gains. Due to selling of aviglion, syz, aif, sj and trimming wsp, csu and sis in a unregistered account I will have to claim capital gains.

My question is that I am currently under water on Agnico, Teck, WCP and WEF.

Would you recommend selling any or all of these holdings and buying them back in 30 days? If I did I could defer all my gains. I dont mind claiming some capital gains as that day must come (fingers crossed). Could you list in order which ones you would let go and by back, or are all of them likely to stay flat for at least 30 days?

Thanks!

KC
Read Answer Asked by Kelly on September 04, 2018
Q: This is a tax question. I appreciate your help.
Let’s say you have a non- registered account. You A) own a Canadian dividend payer, like TD. It pays a dollar in dividends. You also have B) a ‘ partial return of capital’ payer, like BEP.UN. It pays a combination of dividend and return of capital. So after the gross ups, and all that, what’s left in each case. Put another way, what is the better after tax return? Thx Frank
Read Answer Asked by Frank on September 04, 2018
Q: Just commenting for Michael and Grant regarding TDB8150. I use this fund quite often through accounts I hold in TD Direct Investing. This fund can be bought and sold without any short term trading fee.
Richard
Read Answer Asked by Richard on September 04, 2018
Q: Out of the stocks you cover can i get your top 7 recommendations for good long term dividend/growth stocks for a non registered account that have a good DRIP option.
TY!
Read Answer Asked by Derek on September 04, 2018
Q: You have indicated a preference for T over BCE based on growth. When I look at the analysts estimates, the earnings growth for T is 5.6% and BCE 4.6%. The forward P/E is T 16.3 and BCE 14.6. However the 1 year return to the analysts median target price is T 6% and BCE 16%. The analysts seem to feel BCE is currently undervalued. In your assessment do you disagree with the analysts assessment? Are you looking at a different time frame?
Mike
Read Answer Asked by michael on September 04, 2018
Q: I would confirm as well. I use TDB8150 regularily without penalties and works great.!!
Read Answer Asked by Rick on September 04, 2018
Q: 9:50 AM 8/30/2018
I would appreciate it if you could give me your opinion on Chesswood Group Ltd. Could you please comment on :

it's overall financial stability and growth prospects,
level of debts,
payout ratio,
robustness and sustainability of it's dividend,
rate of dividend growth,
level of insider ownership,
and how likely it is to do in a major market downturn.

How would you compare it to other companies in the same line of business and what would these be?

Would you recommend Chesswood for an income portfolio for a retiree and how large a position would you think prudent?

I see some insider sales recently in the $12.40 range and a lot of share buybacks in the $10.60 to $10.96 range. Does this mean the company thinks the shares are overvalued at present?

Thank you............. Paul K.


Read Answer Asked by Paul on September 04, 2018
Q: Why the CRA is targeting some TFSA accounts in court; Should an average investor be worried? by Jonathan Chevreau Aug 27, 2018 https://www.moneysense.ca/save/investing/cra-tfsa-accounts-court/

I don't think this is something I need to worry about just yet as I only have $81k in my account and my wife has $106k in her KTFSA (I call it the Kinda Tax Free Saving Account because it's kinda ok to make some money just not too much). We both still have $7k TFSA room for this yr. but we also have plenty of RRSP contribution room. In light of this article, I'm wondering if we should hold off adding to our TFSA until more clarity is provided by the either the courts or CRA.

Like many, I'm sure we aren't using our accounts like a business but at the same time I don't know what triggers an audit. Nor do I wish to find out since I don’t have the time/resources to prove our innocents. I'm starting to think this may be concerning to more than just a handful of 'savvy' investors as the article would imply.

We appreciate your insight on this topic.
Thanks
Read Answer Asked by David on September 04, 2018