Q: I have a 25% gain in costco before currency and love the company but think I should take my profit as it is very expensive at 30X earnings. What do you think?
Doug
Doug
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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: The recent pro forma Q3 was a shocker. Look at its PE now! This is a fundamental re-pricing of risk. I'm not hopeful for at least 6 months.
Q: I am down 16% on DH and down 20% on TFI. What are your thoughts on averaging down on these stocks? I am thinking stock-loss selling may represent an opportunity. Thank you.
Q: My Tech sector, which comprises ESL, OTC, & SVC has been doing pretty good lately. Am thinking of adding GIB.A. Would you advise dropping any of the above in favour of GIB.A? Any of them getting a bit tired? Really appreciate your insight.
Q: Suggest sell the 350 ECI & leave the proceeds inside the RRSP. There is no tax at your marginal rate on the $5600. Keep cash until something diverse comes along.
Borrow funds in your margin a/c to purchase 350 ECI. Interest on this trade would be tax deductible.
Joe
Borrow funds in your margin a/c to purchase 350 ECI. Interest on this trade would be tax deductible.
Joe
Q: A comment on Jimmy's question. As probably he might know,the 10% is only withholding tax, transferring securities from his RRSP to his son's account will be subject to taxation at his marginal tax rate on the full value of the transfer. He may have to pay extra or get back some money depending on his tax situation for the year of transfer. He may also consider selling the security in his RRSP take the money and buy the security back in his son't account, that if commission is less than the $ 50 charged to transfer the security, however he has to be aware of price fluctuation which may benefit or cost him extra. Hope that helps.
Q: Don't know what rules various brokers have for same day selling & simultaneous
purchase of same security between US & CDN mkts. but it is not illegal.
Some brokers specialize in this area & are happy to make a few pennies on a trade.
It's really a necessary function to keep things balanced.
Joe
purchase of same security between US & CDN mkts. but it is not illegal.
Some brokers specialize in this area & are happy to make a few pennies on a trade.
It's really a necessary function to keep things balanced.
Joe
Q: From a retired mktg exec. There is something that you can do to increase your subscription base on the new etc newsletter at basically no cost to you.
Because you have a subscriber base to start with you can experience great success by sampling a past issue of the etf newsletter to this base for free.
There is so much info to read on the web now investors are time challenged to handle it all. 5i product with q & a's is unique.
A free sample of the newsletter proving its worth to potential subscribers would make it easier to expand your base.
Good luck
Because you have a subscriber base to start with you can experience great success by sampling a past issue of the etf newsletter to this base for free.
There is so much info to read on the web now investors are time challenged to handle it all. 5i product with q & a's is unique.
A free sample of the newsletter proving its worth to potential subscribers would make it easier to expand your base.
Good luck
Q: Hi Team. Roland asked (Dec 3) about capital loss in one account but having the same security in another account creating an above cost ACB. Did he/you mean 2 non registered accounts?? or does this mean that having the same security in a TFSA or RRIF and a non registered will null and void a capital loss (and create a gain) if one of the accounts creates and above cost??? In other words, I have several securities in 2 or even 3 accounts (TFSA, RRIF and Non Reg) that I have shaved for loss or gain throughout the year. Much thanks for all you do!
Q: I purchased some names to start building the growth portfolio about a year ago.
I started with CXI, DHX, PHM, PUR all are in a position of retreat, I now plan to add another name, is there a particular name you would suggest adding at this time.
I started with CXI, DHX, PHM, PUR all are in a position of retreat, I now plan to add another name, is there a particular name you would suggest adding at this time.
Q: Hi Peter & Team: Your answer to Roland Dec.3, does the average ACB apply to cash & register accts? Thank you and wish you all have a wonderful X'mas time!
Q: Earlier this week, Frances Horodelski mentioned the large number of short positions which exist on the CAD and few other currencies. Almost unprecedented levels. The suggestion from one of her guests is that, under these conditions, a significant and sudden reversal of the CAD against the USD could happen.
Would you agree with that? i.e. on both the reversal and the magnitude?
If this happened would it likely last for a while or more likely be a pop and drop scenario?
Thanks for your opinion on this.
Would you agree with that? i.e. on both the reversal and the magnitude?
If this happened would it likely last for a while or more likely be a pop and drop scenario?
Thanks for your opinion on this.
Q: Can you expect this company to still be in business out 18 months.
Q: Is the game over here? Should I sell and not for tax reasons.
Q: I have held SPDR Health Care E.T.F. XLV-N for some time. At this time, it is a hold or sell? Going forward for a longer term horizon, Is there another US ETF that I should take a position in?
Q: I was thinking of buying this ETF for my RRSP. RRP shares which are laddered - down a lot due to concerns about interest rates I assume - however, these type of preferreds would benefit from a slow increase in interest rates in Canada when that happens - rate reset means increased payouts. I think this would be a better bet than the CPD? Big potential for capital gains and get paid 6% to wait.
Q: Hi Peter and Ryan, can you provide any commentary on KWH.UN. Why has it dropped so much over the last month ?
Thanks
Dave
Thanks
Dave
Q: I understand that you don't give tax advice but a general answer would be OK or if any members know the answer. I purchased 350 shares of Enercare at 14.68 Lets assume I would like to move them in kind to my non registered account. There is a $50.00 and I would pay 10% in tax up front of today's value. ECI currently at $16.11 So I would need to have cash of roughly $615.00 in my RRSP and the 350 shares of ECI gets moved to my non registered account. My question is once in the non registered account what is my average cost? Is it $14.68 back when I purchased it or is it $16.11 when I moved it over?
Thanks Jimmy
Thanks Jimmy
Q: Preferred shares have taken a killing this year, but is it overdone? Will preferreds be ready for a bounce next year? If so,
would ZPR be a good way to play the preferred shares market?
would ZPR be a good way to play the preferred shares market?
Q: Hi,
I bought it a month ago based on your upbeat position on the stock. Down 12% in a month, but what worries me most is that the stock seems to go down regardless of the market direction. Yet, the company looks good to me (re fundamentals, P/E and dividend), so I hesitant to cut losses and walk away. What is your current view of the company, do you see any growth potential in a mid term (1-3 years)? Do you consider the dividend safe? I know they increased it twice, but dividend cut will obviously cause avalanche selling - most of your subscribers experienced it with WIN...
I bought it a month ago based on your upbeat position on the stock. Down 12% in a month, but what worries me most is that the stock seems to go down regardless of the market direction. Yet, the company looks good to me (re fundamentals, P/E and dividend), so I hesitant to cut losses and walk away. What is your current view of the company, do you see any growth potential in a mid term (1-3 years)? Do you consider the dividend safe? I know they increased it twice, but dividend cut will obviously cause avalanche selling - most of your subscribers experienced it with WIN...