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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 am looking to "trim the fat" from my TFSA, which currently holds 20 stocks: ATD, BCE, BMO, BNS, CCO, CM, ENB, FFH, PDYPF, INO.UN, LAS, NXE, NWC, NA, NTR, PEY, PZA, MJJ, TRP, WELL. Are there any positions that raise red flags with you? In addition, could you suggest 3 or 4 value picks suitable for a long-term hold (20 years plus)?
Thank you!
Read Answer Asked by Sarah on January 14, 2021
Q: these stocks where my biggest winners in 2020 all gaining well over 100 per cent thanks for these recommendations, still holding but would like to increase my positions your thoughts? which one would you be most inclined to add to if any?
Read Answer Asked by terrance on December 31, 2020
Q: commonly, all of these stocks seem to be in sectors that are doing well i know there are many more are there any sectors that you might particularly favour this upcoming year?
Read Answer Asked by terrance on December 21, 2020
Q: Please pick 1 stock for each of Canada, USA and Global. No restriction on sector.
( use as many credits as required)

A. Shorterm buy for 3 to 6 month, momentum type buy, get out once it slows.
B. Longterm hold growth stock ( 5+ years), but you expect a quick rise in the shorterm.
C. Longterm hold balanced stock ( somegrowth, stable adn growing div), maybe something that has been beaten up by covid that provides a good buy right now.

Along the lines of $ fell into your lap from a long lost aunt's will or you cashed out of the bet you placed on bitcoin so have some fun/free money ....


Read Answer Asked by Tom on December 18, 2020
Q: Do you know who Is Behind fengate?

What are the next big steps and timing for scr. E.g. Legislative approval, cash flow from New Jersey, what new states are expected to allow gambling and when? Thank you for your prospective.
Do you see this legislative change also impacting The stars group. Any thought they companies would get together.
Mike
Read Answer Asked by mike on December 03, 2020
Q: I am looking at these two companies (one or both) for my TFSA which I use for my more aggressive investments. I believe the sport gambling and the e-gaming sectors offer explosive growth but there of course will be winners and losers. They both have big name backers.
Your opinion ( financial strength, management, etc. )of these two would be appreciated. Do you like either or both? Any other favourite Canadian alternatives ? Thanks
Derek
Read Answer Asked by Derek on November 19, 2020
Q: with COVID likely to last longer and sports betting and betting in general probably going to be stronger this winter , what gambling companies can you recommend?
thanks, Jean
Read Answer Asked by Jean on August 11, 2020
Q: A couple comments and a question with regards to FLTR/PDYPF
- I deal with TD Watwerhouse and when the shares had still not settled in my account I questioned it and just received the following response -" Thank you for your inquiry, kindly note that the event between Stars group and Flutter is currently still under processing, we have received the certificates from the overseas Transfer Agents and have begun the physical settlement process to clear the certificates with our UK custodian (typically up to 6 weeks). The Safekeeping will be place on the security until clearing has been completed." THIS IS A LOOOOONG process
- they told me that if I keep the shares in my CND account they are held as FLTR and trade on the LSE in GBP. When I sell the shares I do so with their international desk an would pay $250+ for the trade and it would go through 2 currency conversions - GBP to US $ to CND $
- if I move the shares over to my US side the shares are converted to PDPYF, costs $9.99/trade and everything remains in US$, no currency conversion fees. Caution when selling however, volume is low so always set a price, never a market order
- I never received compensation for the fractional share.....I am assuming this will happen when the shares finally settle but wondered if any has seen the fractional shares settle in their account???
- they told me that the sale of TSGI to FLTR was a taxable event and the new BV of the FLTR will be the value of the stock at the time of the closing. Is that correct??? I did not realize it was a taxable event.

Thanks for any clarification

Scott
Read Answer Asked by Scott on July 14, 2020