Investment Q&A

Q: Re: Rodney's question of Dec 22, in-kind transfers. I am a BMO Investorline customer and have made in-kind transfers from my BMO RIF to my BMO TFSA both this year and last year. I did this by phone, The BMO staff member was helpful and advised me that while I would still pay tax, by making an in-kind, rather than cash RIF withdrawl there would be no witholding tax.

Mike

Q: I held TSLA at a cost of $113 but sold ALL yesterday @$112.94. Was that a mistake?
Thanks & Happy New Year I hope!!!!

Q: My question is, is BEP.UN worth holding at this present time. I am underwater on the stock in a non-registered account, but it does pay an attractive dividend in US dollars. What is the reason that it is dropping in price? In your opinion do you think there will eventually be a price turn around. Thanks … Cal

Q: Hi 5i,

I’m an income investor who is looking for capital preservation. I sold Bank of Nova Scotia (BNS.TO) earlier in the year to preserve capital and am now looking at it again because of the 6%+ dividend. It’s not one of my favorite banks, but what a great dividend.

Would a switch from North West Company (NWC.TO) to BNS at today’s prices make sense to 5i? Safety of capital and long-term dividend growth are most important. Any comments on either would be appreciated.

All the Best for the New Year!

Q: I will be making a rif draw in 2023. I am looking at three options ----transfer cash --- transfer a stock in kind with say 50% gain ---- transfer stock in kind with a 50% loss. Ignoring trading costs does any option have a better tax efficiency? I am very worried that you will say no.

Q: If i add EOS to my tfsa, how much tax will they hold? Thx. Maybe not good for tfsa? Thx. James

Q: The nasdaq has continued to decline, pushing this etf yield to 14%.
What do you think about this nas 100 covered call etf for an income investor.

Thank you

Q: I note that you are increasing your XHY in the income portfolio. Which of the US listed XHY family would you suggest for my US side? Thanks, Al

Q: Happy Holidays 5i,
I am considering purchasing some corporate class ETF's because of their tax efficiencies. The only Canadian company that I am aware of that offers them is Horizon's. Are you aware of any CRA issues with the Horizon implementation? Are there any other Canadian companies that offer tax efficient ETF's for NonReg accounts?

thanks

Q: Hi, is there a cdn etf equivalent to jepi, schd and divo?

Q: Can you give me your 5 best microcaps in either the US or Canada that are cash rich, undervalued, that could possibly do very well when the market recovers?
Thx

Q: Hello 5i,

In your recent update, you are increasing XHY to 6% of the income portfolio. We own quite a bit of ZAG in a non-registered account (about 10% of the total portfolio) that we received this year as part of an inheritance. Given your update, does it make sense to sell some ZAG and replace with XHY? The remainder of investments are in mostly diverse growth stocks and other ETFs on your advice and I'm looking to retire in about 10 years.

Thank you and happy holidays,
John

Q: my public service announcement

NEVER, EVER, EVER BUY ANY BROOKFILED COMPANY IN ANY TAXABLE/NON REGISTERED ACCOUNT

EVER

i own several of them and have generally been happy with the mgmt and results

but, between delayed tax reporting, offshore, foreign income t5013 reporting; t1135 reporting AND basically obtuse overall reporting, i recco you put them in a registered account where all that nonsense 'disappears' into the ether of non reporting............

thank me later

merry christmas

Q: Does the US have a similar situation re last trading day to claim 2022 losses as Cda??

Q: Beyond solid management can you outline key drivers that make this company attractive. What do you see as future catalysts? Would you buy at these prices?

Q: I just reviewed the FP Investor I received in my email this past week.
In their review they reviewed the 5 worst performing stocks on the TSX during 2022

4 of the 5 were as follows:

SHOP Down 72%

LSPD Down 65%

DND Down 55%

NVEI Down 62%

You guys are running the 3 5i portfolios and are recommending buys and sells.

William O'Neill whom I'm sure Peter has read has one of the prime principles of his CANSLIM model is LIMIT YOUR LOSSES. He recommends as soon as a stock falls 7% it should be sold. To limit your loss. This will prevent catastrophic losses from affecting the portfolio in a major way.

Now I'm not saying that 5i should have this principle exactly but as responsible portfolio managers I do feel that 5i should have a loss containment strategy for those who follow the portfolio and might not be that experienced.

I know in past posts you suggest readers utilize mental stop losses rather than real time stop losses. I feel that 5i as portfolio managers should do the same. Going forward there should be no holding in the portfolios that are down as dramatically as those listed above.

Hope you adopt this as a New Years Resolution Investing Principle to add to your Investment Strategy Guidelines

All the best


Sheldon

Q: Hello 5i Team
Has there been any negative news on Tsu the last few days. I Checked my portfolio today and I am down over 10% , but I was up about 2% only 5 days ago.
What could have caused the price drop?
Thanks

Q: what seperates this company from their competition

Q: Merry Christmas and Happy New Year all at 5i
This is another crystal ball question. I have a sizable loss on Shopify and today is the last day to claim it for this year. I am caught in the headlights a bit, though, thinking that January could be a very good month for stocks and that i would be better to wait until towards the end of January. What kind of chances do you give it for rising a lot in January?
Thanks

Q: Happy Holidays, thank you for guiding us through this difficult investment year!

Could you please comment on ATD to acquire True Blue Car wash? Will this be positive to share price of the Company? Thanks.