Investment Q&A

Q: I'm trying to follow your growth portfolio but i still dont have positions into ATA, DOL, GDI, GOOS, IWO, MCR, MMX, OTEX and TRI.

Among these, what would be your top 3 to add in the current market? And what would you consider an interesting fork price to iniate a position for these 3?

Do you think any of them could prepare a round of financement?

Q: I hold DYNAMIC ACTIVE GLOBAL DIVID ETF UNITS (DXG) and the bank has sent me a T3 slip (Box 21) indicating I have earned $5384 as a capital gain. I didn't sell my ETF. I thought you report gain or loss only after you sell in a calendar year.

If I would have sold my ETF on Dec 22 my gain would be close to 10K how did they come up with only 5384.

I call my bank and they advise slip was generated "Non-cash distribution as part of the phantom payment." however I didn't receive any money.

Can you please advise do I have to report this gain or report when I actually sell the units?

I do my own Taxes. Any advice would be appreciated.

Thanks for the great service.

Q: Hello Folks:
I am considering dropping Verizon and adding T-Mobile. TMUS does not have a dividend however their future appears brighter, particularly with their google hookup. Verizon seems to have been treading water the last couple of years.
What are your views and if we were to purchase TMUS what weighting would you recommend?
Thanks for your great service
brian

Q: Could I have your views on the latest earnings report? Is it buyable right now or has it gone up to far to quick?
Thanks for the great work.

Q: I have a position in a stock. I recently sold a portion of the stock at a loss. I know the loss based on average cost has to be added back to the original average cost (making my cost higher) I bought the stock back again within the 30 day superficial loss rule. Question: If I sell the WHOLE POSTION by year end and have to declare a profit or loss, do I have to do anything at all as it " would all come out in the wash" This is for a non-registered acct. Thanks

Q: hi group if you could only own one which would you choose between GOOGL and SHOP I already own MSFT, AMZN. CSU. NVDA, APPL, DSG, LSPD TOI

Q: Re: CRA. Thanks for the chuckle Ed. Takes me back to the late 90's when I was trading US tech stocks. After a year of that, and doing the taxes, I saw the benefit of holding Canadian domiciled US stock ETF's

Q: Publish publicly in whole or part (or none) at your discretion, within the limits of what is appropriate for an investing advice service.
This is in response to Ed's tax/accounting beef of April 1.
I'm a retired tax accountant who served many investors who were plagued by this same situation.
I used to give my investment clients a little mini-editorial about it being the responsibility of the investor to have all that data, either prepared and kept by the investor themselves, or by someone else (which may have been the broker) the investor paid to prepare it for them. I developed a spreadsheet (which I used myself as well as making it available to my clients) to assist them in doing it for themselves if they so wished. Simple spreadsheet, usable in Excel or Google Sheets, which anyone comfortable with spreadsheets could replicate.
I'm happy to post the above, as well as a copy of the spreadsheet if that is possible, in the forums, though I note the most appropriate forum (Tax & FX issues) is now 5 years old. Perhaps a new forum topic, but I don't know how to start one?

Q: Do you have a preference between HXS.CA vs HXS.U and HXQ.CA vs HXQ.U and could you comment on HXX - would it be the same as the others with the exception of the focus on Europe?
Thanks for your service

Q: Good day. This is more of an informational request on brokerages and processing day orders. I ordered 500 shares of XMH today (Itrade), which at that time had a price of 24.50. I put in a limit order and got a partial fill of 200 shares. But I could see, after a short time, that there were bids for higher than 24.50 and it was near end of day. I raised my limit bid to 24.55, and got another 200 shares. At 3.59 to finish the order I changed it to a market order and got the last 100 at 24.60.
Throughout this the actual price/value of the stock never changed from 24.50. It remained at 24.50 at end of day. I had thought that a stock/etf exchanging hands for a higher price would raise the value of that stock/etf?

Q: Hello, I need to liquidate some of the stocks listed. Disregarding sector diversification, in what order should I do this? Thanks for your help.

Q: Can you suggest some companies with decent premiums that you think would be good candidates for an income generating strategy using options.
Many thanks.
Mike

Q: Hi Peter, Ryan and Team,

With the current market environment, what are your top 5 US and Canadian growth picks?

Q: Hello
Since you are dipping your toes in the small fish pond with MRS.V I thought I would ask about these two microcaps, Sifco Industries(USA) and Hammond Manufacturing(CDA).
I've had them on my watchlist for about four months and find them interesting although risky due to the small size.
Your thoughts please.
Thank you
Dave

Q: Any idea what happened today with Pure Gold down 13%. More Sprott funding was announced and close to commercial production so would have expected a bump not a dive.

Q: Do they actually manufacture their products or are they resellers??

Q: Thoughts on most recent results?

Q: This is a tax / accounting beef, but it may apply to a lot of subscribers.

I'm doing my taxes on my own, and it is extremely time-consuming and frustrating when it comes to investments. CRA wants all the US numbers converted to CAD.

I have a US-based margin account to avoid the constant back and forth with losing money on exchange rates. I own relatively small amounts of many US stocks. Almost half of my tax time is related to accounting for stocks, looking up the original purchase date or settlement date, figuring out the US exchange rate (from the Internet) on that particular day, then adding to the cost base another day and a different US exchange rate when I added a few more shares to it, then subtracting that from the sell price with the sell date's foreign exchange rate. If that’s not enough, CRA wants us to include the commission in the cost base, but then the sell price needs to have the commission stripped out (with its US exchange rate calculated). What’s that all about?

I don’t know why the trading platform doesn’t figure all this out for you. Are there any smarter ways of doing this, other than switching brokerage accounts?

Q: Which are , in your views, and in a growth perspective, the best ETFs to cover the financial sector ? Is IAI one of them ? Why or why not ?

Gratefully,

Jacques IDS

Q: This stock just took a 15% drop because of their recent financial report. It looks to be about the Covid problem. Do you think that this would be a good entry point, since Covid vaccinations are going ahead rapidly in the U.S. ?