Investment Q&A

Q: this question is about tax loss selling. Close to 30 days ago I bought a company in my RIF for the equivalent in a taxable account. The plan was to sell the company in the taxable account in 30 days and keep it in the RIF. Well, I forgot about this and bought it again in the taxable account today. I don't think this will affect my selling it in the next week or so for a tax loss? but, I wanted to check to make sure.

Second bonus question with applicable credits deducted: We have a fairly large RIF and thus have most of our US holdings in it. I was wondering if there are any downsides to holding most of our fixed income in the RIF in US dollars? The only downside that I can think of is that the American econonomy is so much bigger than ours that it may be a better place to invest in stocks.
thanks as always

Q: I have some cash in my TFSA which I'd like to deploy. I'm looking at either 1000 shares of Stingray Digital or 500 shares of Savaria for a 3-5 year hold.
Which would you recommend and why?
Thanks, Richard

Q: I have a question about 461 still a buy.thanks

Q: For self-admin a/c's TD now offers clients do their own sec. tfr.'s between US & CDN ac.'s. Makes foreign exchange tfr.s or to get div.'s in the right a/c
a very simple procedure.

Q: Down 50%. Should I continue holding / sell at current price or buy more and average down.
Thank you

Q: i would like to invest in these companies in my rrif for 5 years or longer?
any other better choices.
thanks

Q: I have a question about GLW. It had a nice 11% pop yesterday. Can you enlighten me as to what drove this ?

Q: I suspect this company is not followed by 5i research as it does not make money yet. I just wanted to know if you have heard of this company (It's headquarter out of Vancouver) and is there anything about this company that you can share?

Q: Could I get your opinion on a new ETF (September 2018) symbol FGO. It is a managed bond type instrument.

Thanks
Carolyn

Q: What’s the difference between the different BAM shares, any preference?
If we already hold BAM.PR.N , should we change them to another BAM?

Q: This is about the volatility of stocks such as Shopify. I understand why it is volatile being new, growing fast and very high valuation. My question is, assuming it continues to grow what might one look for as indicators that the volatility is going to settle down.
Thanks as always,
Peter

Q: What’s your opinion on safety of $20,000 investment in GICwith large Credit Union? Would you rather invest with TD, RBC or other large bank due to insurance on deposits under $100,000? Thank you.

Q: Hello Peter,
Tilray's lock period came about mid januarly and the CEO said he would not sell any share in the first half of 2019 which was a positive sign. However, later, we find that he did sell. Here is an extract from Barrons that explains why he sold (sorry for the long text below but i wanted a clarification). From what i gather, the sale had not much to do with selling due to lock up expiring but more to do with restricted shares that had to be sold for IRS purposes; hence, the CEO was not misleading anyone. Please confirm. Second, I am looking at acreage holdings, ACRG. The US company just went public a few months ago but has high profile people on the board (i.e. a US senator, and Brian Mulroney). Does this give Acreage any bonus points in terms of an investment? Thanks very much. Please Tilray article below from Barrons.


Two of Tilray’s top executives recorded stock sales last week, the first insider sales at the marijuana producer since it went public in July.

Tilray CEO Brandan Kennedy, in a form he filed to the Securities and Exchange Commission, disclosed the Jan. 24 sale of 149,916 Tilray shares for $11.1 million. That’s an average sale price of $74.21 per share. Woody Pastorius, chief revenue officer, recorded the sale of 20,578 shares the same day for $1.5 million, an average of $74.21 each.

Considering that Tilray stock was priced at $17 per share for its initial public offering, Kennedy and Pastorius are selling stock at more than four times that IPO price.

But this isn’t a case of executives cashing in on a hot stock less than a year after the IPO. The sales recorded in both executives’ forms were a matter of complying with Tilray’s vesting policy for restricted stock units (RSUs). When an RSU vests and becomes a stock, the Internal Revenue Service considers that a “taxable event” subject to withholding and payment.

Kennedy had 375,000 RSUs vest on Jan. 23 while Pastorius had 50,000 RSU vest the same day.
A Tilray spokeswoman noted that neither Kennedy nor Pastrorius sold “any of the net settled shares for personal gain”

Kennedy also serves as executive chairman of Privateer Holdings, a Seattle-based private-equity firm. Earlier this month, so-called Tilray “lockups” expired, allowing early investors including Privateer to sell their Tilray stock. Privateer issued a statement that it wouldn’t sell, which helped shore up the stock.

Q: I have always heard “ Buy at $2. and Sell @ $6.”
What do you think of this strategy for Bombardier?

Q: I recently added a 1/2 position of InterRent to my TFSA. In your opinion could I expect more growth from WSP? For industrials I also hold a 4% position in SIS in the same account. I like to hold for 3+ years barring unfavorable fundamental changes. Looking forward to your thoughts.

Q: My first question as a rather new subscriber! I am 7 y into RRIF withdrawals so wish mostly dividend stocks in this portfolio. I have held EXE since May, 2015 and am now barely $1300 above (all in dividends and share value) as of today. I have read your comments about "quality trade off" and "weak hold for income"with regards to holding EXE instead of SIA and / or CSH.UN. You have commented that EXE debt is about 10 times cash flow. Could you give me similar information about SIA and CSH.UN please. I am about ready to sell EXE for positions in both or either of SIA and CSH.UN (in spite of them having lower dividends and earnings per share and higher P/E). Comments appreciated.

Q: What sector would you put Park Lawn Corporation? Also, what is an appropriate percentage allocation for each sector

Q: I hold CSU,DSG,ENGH is a non registered account and have done well. OTEX and KXS in a TFSA. In total all of the above are about 6.47% of my holdings. Should I consider reducing to 2 or 3 holdings or hold all five. Comments, thanks

Q: With moving oil an issue in Canada, does Gibson Energy (beng storage) have more potential than Suncor for the next couple of years?
Thanks
Kathy

Q: It is trading at $16.24. Your thoughts?

Thanks Ian