Investment Q&A

Q: These are my current holdings and I am looking forward to 2023. They are held in relatively the same quantities in 5 different accounts, a RRIF, 2 TFSA's and 2 Non registered accounts. I am retired an enjoy the income. Do you see any issues with these holdings or have any suggestions looking forward. The only non dividend holding is AR.
Take any extra credits as necessary. Thank you in advance. Enjoy and appreciate 5i'S help. Happy New Year.

Q: For the financial sector of a new portfolio with a minimum of a 2-3 year time-frame please rank the above listed stocks for a) maximum return and b) risk. Please add other US or CDA names that you would consider in this situation, especially for higher returns.

Thanks.

Q: This is a follow-up question where you suggested, "we would see no need to crystalize a gain on RY JUST to offset a loss. There may be other gains in the future, or one can offset a gain in prior years". I had a significant capital gain in 2021, If I don't sell RY to crystalize a gain in 2022, do you think that offsetting the JE loss in 2021 would be better than offsetting the loss in the future? Taxwise, my income is likely to be lower in 2022-2023 than in 2021, where I claimed significant capital gains.

Q: I need some tax-loss advice. I would like to sell Just Energy with a loss and the loss can be covered with a gain after selling RY. After selling RY, I would like to buy RY back in a couple of days. Is there any risk in realizing the loss and buying RY a couple of days later? What is your advice? Thanks.

Q: What would be your top pick for the Canadian bank sector as an add today for long term hold (RRSP- 10+ year hold). Looking to only hold one bank in this account.

Thank you!

Q: Good morning,
Just saw in my news feed that RY missed expectations. Means another blood bath for the banks? Should one wait before backing up the truck and loading up? How long should one wait for the dust to settle? I know RY,TD &BNS are your favorite picks.

If you can add a few sentences in the US banking sector,not would be appreciated.
Many thanks.
Mano.

Q: Hello Team.. I am over weight in banks and considering selling either RY, BMO or BNS and starting a position in MG. I am considering magna as a play on the EV space-does this sound reasonable? Thank You and Best Regards. gary

Q: Further to the OFSI restricting dividend increases for CDN Banks, do we have any idea as to the timing of this restriction being relaxed? Does the OFSI meet regularly to discuss this sort of thing?

Q: The top ten positions in my equity portfolio represent 30% of the portfolio. Among these top ten are TD, BAM, BAC and JPM. The financial sector represents 27.5% of the equity portfolio and the 5i analysis suggests that this be reduced to 15%. I am a new 5i client and don’t disagree with the direction the model is suggesting. Other holdings in the financial sector are: BMO, BNS,CG,C,MFC,PYPL,PNC,RY,SLF,BX,X,V. This is a bit messy but adding to the sector in the spring seemed like and was a good idea but now we need to be more conventional. I may be very wrong but I don’t consider BAM and X as financial services, particularly BAM. Looking at the holdings, what would you unload to bring down the financial sector exposure? Obviously a tax filter will be needed at my end. The question for another day will be an ask for recommendations to increase the under-weighted sectors. Having fun with the model and more importantly find it useful.
David