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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I recently saw a news feature that highlighted the increases in children developing myopia due to the amount of time they are now spending in front of screens.
I am looking for your best ideas to play this theme in Canada, US or internationally.
Would this company be your best recommendation or do you have another?
I have been a subscribing for many years and the 5i team has been outstanding.
Thanks for all you do!!!
Read Answer Asked by Thomas on January 19, 2021
Q: Can I get your thoughts on this Company, Powerband Solutions Inc.?

It has an interesting business model focusing on the vehicle market; but I frankly bought it expecting to lose all my money. After a long while of being under-water, the price is a decent amount higher than what I bought in. I'm trying to figure out if I should exit and take the (small) gain or stick around for the long-haul.
Read Answer Asked by Michael on January 19, 2021
Q: Good Morning,

Could I get a selection of your favorite small and mid-cap tech stocks that you'd want to start a position in today and build over time.

thanks!

Mark
Read Answer Asked by Mark on January 19, 2021
Q: What to you consider the long term consequences of the Democrats now having control of the Senate and House of Representatives with regards to prospects for Enbridge? Of immediate concern is the rumoured pending announcement by Biden to cancel the XL pipeline in an effort to appease the left leaning members of his party.
Read Answer Asked by paul on January 19, 2021
Q: BAM.A is now trading at $49+ , has the stock recovered to the pre-pandemic levels OR do you think that it still has upside.

Also at this point, would airline stocks be better or the cruise lines, which has more upside ?

My strategy is to buy airline/cruise stocks now....sell in 1-3 years and then move that money to something like BAM.... what do you think of this?

Thanks
Read Answer Asked by HARRY on January 19, 2021
Q: Hi Folks,

I am an income investor whose portfolio has fallen out of balance.

I need to increase weights in Basic Materials, Consumer Cyclical, Consumer Defensive, Healthcare, Industrials and Tech..

I am also light on U.S and International holdings.

Please provide some income suggestions for these industries and within these regions.

Thanks very much.




Read Answer Asked by Dave on January 19, 2021
Q: Thanks for your aswer for WIR :" historical tax allocation has been 40% foreign non business income and 60% return of capital (ROC). ROC is included in the distribution and is not a separate payout. There certainly is no Canadian dividend tax credit. We would be fine with this in a cash account. With the ROC component, this shifts a portion of income to capital gains tax treatment, as this portion lowers the ACB of the investment. In an "RRSP from a tax perspective the currency of the account does not matter: there is no withholding tax in the RRSP. But since distributions are paid in US funds, holding in a US dollar account will save on f/x conversion fees. #5 They are the same thing, one trades in Canadian dollars. There is no advantage of one vs the other."
Does this means that: 1) I should ask for the tax credit for the 15% US tax ? and 2) most important thing ,will be the income tax (T5) be automatically calculated ONLY on approximatively 40% of the total year distribution, and not on the entire distribution ? 3)nb: I notice in my account that the 15% US tax is calculated on all the distribution and not just the dividend ! normal ?
In such case it is OK to keep in in my non registerd account as you mentionned !
Read Answer Asked by Jean-Yves on January 18, 2021