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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: Recently sold a rental house and am looking for investment in low risk but monthly payment in a non registered account. I’m not comfortable with bonds and so far have come up with either laddered GICs ( paid out every 6 months) or combination of PFL, XFR, and ZMMK. Do you have any thoughts on any of this. Which would have a the best tax rate implications? And would you have any other suggestions that would work best in the current reduced rate environment we are heading in the next few years.
Thanks
Read Answer Asked by Craig on April 16, 2024
Q: Hello and Happy New Year.
I have a question on moving funds in/out of ZMMK. I received an amount of cash that I am going to park in ZMMK for the interim. My question is do I need to be concerned with superficial losses while moving funds out? I see it bounces in a range of approximately $49.90-50.08 and sitting at $49.94 as of now. If I were to move funds in now, my avg cost sits around todays cost and if I want to draw out under that, it would create a superficial loss (~$1200 worst case) although not a concern as it's held for the dividend. Thank you.
Read Answer Asked by Randy on January 03, 2024
Q: I am currently holding over $80K in ZMMK as a holding place. Approx. 4.92% dividend while I wait to see where this market is going (so many mixed signals and differing opinions !). RBC just announced they are supporting the purchase of things like CASH, PSA, etc. How does ZMMK compare compare to the Horizons High Interest Savings ETF (CASH) ? Is ZMMK as "safe" ?
Read Answer Asked by Randy on August 18, 2023
Q: If the unthinkable happens and the US doesn't raise the debt ceiling leading to the US government defaulting, how would this affect holdings in each of HSAV, HSUV.U and ZMMK? Secondly if an investor held both such an opinion and such holdings, would it then be prudent to sell the holdings before the limit is reached? Please define the risks to these holdings if any actually exist.
Read Answer Asked by Ken on April 25, 2023