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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 usually see headlines such as these: J.P. Morgan Poaches $1.2 Billion Alex. Brown Advisor Team

I understand the advisors are moving over but does it mean their customers whose money they are investing/managing automatically move too or is the headline meant to show how much assets the team was managing? I never really understand these poaches but I see a lot of them happening in the US.

Thanks
Read Answer Asked by Sal on December 15, 2020
Q: Can I transfer cash from my CAD TFSA to my USD TFSA (same institution) without it being considered a withdrawal and new contribution? Thanks.
Read Answer Asked by Ben on December 14, 2020
Q: Hello. Can I get your thoughts on some uranium names to play (excluding CCO), rare earth companies and precious metals (platinum, palladium etc)? A few comments plus names would be great. Deduct points as required. Stay safe.
Read Answer Asked by Robert on December 14, 2020
Q: Any insight into the metal Platinum? Why it’s caught fire and potential where it might go? I am interested in the material in symbol PLTM and a mining company Sibanye-Stillwater symbol SBSW.

Thx!
Read Answer Asked by Kim on December 14, 2020
Q: I sold crew at a large loss 6 months back based on your concerns of its large debt and possibility of complete collapse. What is driving it’s recent resurgence in price lately. Has your opinion changed?
I held on to lxe which price has been declining steady of late. Should I continue to hold or would would sell and a buy of Suncor for exposure in oil be recommended?
Read Answer Asked by PETER on December 14, 2020
Q: I read that Health Canada has just permitted some doctors to start using psilocybin (from magic mushrooms) to develop certain treatments.

What you you think about the 'shroom' sector and what is your favourite company (or companies) in the space?

I think full on medical adoption is just a matter of time, possibly recreational legalization eventually.
Read Answer Asked by Max on December 14, 2020