Q: My kids opened RRSP's as soon as they were of age and contributed a small about (<$3,000). They make regular contributions.
Until the RRSP has enough funds to start thinking of diversification, what are the "top 3" possible stocks or ETFs you would consider if only having one investment, and if you could explain why its' a sound investment for each that'd be great.
I have trading accounts with a Big 5 bank and have been unable to access the one of the accounts for the past day to review the performance therein or execute trades. Have never experienced this before; I'm sure it is a technical issue that is being worked on although no notice has been provided (of which I am aware).
Regardless, it is somewhat nerve wracking and leads me to pose the question: What protection and recourse do individual investors have in case a brokerage fails? Not saying this could be the case here but am wondering if one should take proactive measures to protect assets? Or is there a fund akin to the CDIC ?
Q: If the Cdn $$ declines when rates go down, do you expect High-Interest ETF's that invest only in the Cdn $$ will also decline proportionately? Also what about HSAV and HSUV>U? Thanks
I'm interested in MLPA:US but since the ETF is a holder of mostly US LPs, I'm not sure if the new taxation and selling rules for US LPs will apply to it as well. What would be the implications of holding it in a registered or margin account aside from the normal Canadian taxation rules? Hoping you can shed some light on this.
Q: WELL was $3.50 in August 2020 and its $3.55 today.
Reminds me a lot of GUD. IMHO 5i tends to be overly patient on some failed investments whereby selling them and moving on could make for a much better return.
So I have been as patient as I want to be with WELL. When I sell my shares of WELL, which I intend to do, what would be a good replacement that is well managed and has good potential growth in its future outlook?
Q: With the recent market drop in this stock on the news of the US fine and the possibility of future fines (several if I remember their news announcement correctly) and with the time frame that it seems to make these decisions do you still have faith in this stock going forward or is there still more downside than upside this stock going forward.
Q: in your answer to Mark regarding Capital Gains, you say that the gain will be taxed at a higher rate after this June. But, what about the 250K annual exemption?
Q: The US Regulator,talk is fine would be in the area of 1.5 billion to 2 billion.Wow will we the customers end up paying there bill for bad magement decisions. Probably I will be looking at the other banks to see what fee's are for transfer of accounts. I have been a customer at TD for a very long time,would they hold money back on transfers. I have 5 different account with TD and all are positive money
Q: I have a longstanding position in Alphabet (GOOG) in a corporate account, and I am planning to crystalize this position prior to the June 24, 2024 deadline (to qualify for the lower capital gains tax rate). Here is my question: I plan to rebuy my position in Alphabet, but I am wondering if I should take the opportunity to repurchase the GOOGL--rather than the GOOG--shares. Right now, these two classes of shares trade at similar prices, but there is a possibility that the voting shares (GOOGL) could trade at a premium in the future. What would you do if you were faced with this decision?
Q: Regarding Denise's question on May 3 - Koppers Inc. is somewhat deemed to be a competitor to Stella Jones - it released what was taken as negative news and down almost 17% on the day...spillover to SJ, warranted or no
Q: Hi folks,
I would like to add to my holdings in either AAPL or GOOG in my TFSA. May I have your opinion as to which one would be best to add to at this time.
Thanks
I have a handful of losers that I'm trying to decide what to do with. Using your crystal ball, which of these would you continue to hold and which would you dump?