Investment Q&A

Q: Was this addition to your growth portfolio on Apri1 a April fool joke?
This is a very speculative penny stock being pushed by Reddit.
Maybe you should start a new portfolio for speculative growth companies such as Mrs and other small companies in your growth portfolio such as Xbc etc.

Q: Big decline after latest Q.Has since recovered some with a big day on Apr 1.3% position on pp of $174.Add,hold or sell.Please advise & update on the co. Thanks for u usual great services & views.Happy Easter. Keep safe

Q: Referring to what Ed is saying as accounting beefs on 4/1, with iTrade in the last couple of years they list all the stocks you have sold (Canadian and U.S.) and what you have paid for them (even if they were bought years ago - they have that info.) and they send a copy to the CRA and a copy to the customer. The commissions are already factored in, they are added onto a buy and subtracted from a sell. The tax accountant does not seem to have any trouble getting FX rate as I believe there is a blended rate available at tax time that can be used rather than having to backtrack to find the applicable rate of all stocks bought prior to 2020, etc.

Q: This etf seems well (but not too) diversified. It has gone up 11% since I bought it not that long ago. I do not own a full position and would like to add some units. Is it buyable at current price? Thanks, Bill

Q: Good Afternoon and Happy Easter:
I was surprised with your answer to Keith's question (Apr 2) regarding order to dispose stocks. You indicated that after the ETFs, KXS would be the 4th or so stock to sell from the list. This was ahead of AC:CA, WELL:CA and PHO:CA. I thought the recent drop in KXS was primarily due to the general pullback in tech stocks and not the result of any specific company bad news. I also thought that even though the company did well during the lockdown, its business model and market position would also serve it well as the economy recovers, perhaps even better than some of the other stocks listed. Please elaborate on your reasoning especially vis a vis the other 3 named stocks above. Thank you, Ian

Q: Hey guys,

ARK invest just recently released there new ARKX ETF. I have been waiting for a while for it to be released. What are your guys general opinion about this ETF. Would you guys be okay with taking a small position in this.

With ARK's recent performance when you be a little skeptical with taking a position in todays market?

Thanks

Q: Hi guys. I know I’ve harped on this before. When you have a newsletter with thousand of subscribers and you reccomend illiquid stocks it creates frustration with your readers.
For instance with mrs an opening position for me wound be $50000 which is fully half the volume on Thursday. If I put in a market order which I wouldn’t I alone would drive the price up by @approx 20%.
How do readers like me get to participate? Especially on the Venture?

Sheldon

Q: I want to pick one of these companies for a small position in my TFSA for a long term hold. I know 5i likes all these names but what company would you pick today? Also why it over the other two?

Thanks!

Q: Recent New High(NH)after NH,& after great Q & guide,reached $111.54,All Time High. My p/p $65.45,now 5.5% position after 67% gain. Is it time to trim or allow to continue to run. Your view please. Thanks for U usual great views & services

Q: Could you name 3-4 top picks in Canada or US for consumer defensive, basic materials, industrial, and utilities that would have a good outlook for the next 5-10+ years?

Q: 1.5% position,P/P $18.77 down 22.8%. Reports Q2 Apr 28,& worried as missed last 2 Qs resulting in sharp decline.Add,Hold or Sell? Pleas comment.Thanks for u usual great views & services.

Q: Thanks for the great service. Can I please get your views on this company given the recent results.

Cheers,
Scott

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?