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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 Peter and staff:
I hold shares of Tourmaline in my RRIF account and they are down 47% and I was thinking of selling them and investing the money in shares of Rio Tinto.
Your thoughts on these two companies and the soundness of this switch.
In my question today, I forgot to ask that since common shares of Rio Tinto are being purchased in a RRIF account, is there foreign tax withheld from the dividend that it pays?
Thank again
Thank you.
Read Answer Asked by Isabel on August 22, 2017
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