Investment Q&A

Q: Down 15% on EIF in a cash account. Trying to decide if I should sell for a tax loss and rebuy in the new year...or if the stock will rally in the run up to Christmas. Your thoughts please on whether I should sell/rebuy and - if so - what you would use as a proxy. Thank you.

Q: PATH may have broken out after more than a year. Was there any identifiable reason for that and have your view improved on the company?

Thank for you insight, Peter

Q: Vanguard S&P Small-Cap 600 Index Fund; ETF (VIOO).

What is your opinion on this ETF?

A buy or not?

Thank you.

Q: I am now in a position of being overweight in MSFT. Greed tells me to hold while fear tells me to trim. What option strategy could I use to hold MSFT while generating some income? Thanks Ron

Q: There are a number of ETFs offered which has a policy of using Options of up to 30% of the investment. The management fees in general is higher as it attempts to provide higher yield as well as Capital gains. As I have a few of these funds in various accounts, where can I find how much are they making in Options, Dividends and Capital gains. Will appreciate the source of such information in general for these kinds of ETFs.

Q: Do you think PPL would be a decent buy and hold considering it might buy into the trans mountain pipeline.

Q: With the US economy predicted to outperform Canada's next year, would you suggest tilting portfolios toward US equities? On a related note, both my TFSA and RSP are filled with US stocks, meaning addition US equities would have to go into a cash account. Can you recommend a website that clearly outlines tax consequences at various income levels in non-registered accounts for both capital gains and interest from US stocks? Thank you.

Q: Happily I do not hold either BNS or TD.

What I find very shareholder unfriendly is the bank setting aside $2 billion and $4 billion respectively for emplyee bonuses.

That is billion.

YTD BNS stock is down 8% and TD stock is down 6%.

Not sure why shareholders accept this type of expenditure.

If my math is right thats a $44,444 bonus for every one of TD's 90k employees and a $22,222 bonus for everyone of BNS worldwide employees.

Pretty excessive if you ask me, given their stock performance.


Sheldon

Q: How are capital gains taxed? Should it be in a TFSA or not. Greetings, Peter.

Q: Will soon have manditory withdraw of funds from a RIFF. Please rate these for sale with some reasoning.

Q: Hi there,

Any thoughts on when DFN might resume its’ distribution?
If and when interest rates decline do you see a return to a higher price?

Thanks.

Q: Comment on: 2023-12-01 Q&A:

Q: I know it's outside your mandate but do you know of a good analysis software that takes taxes and investment returns with rrsp's ,tfsa's cash accounts and cpp into account . We have been investing on our own for 40 years and just don't want to give an advisor 1 to 2 % of our money. Thanks for any recommendations.
A: Sharesight appears to have a portfolio tracking software that allows for tax reporting and other functions, and Wealthica also has some portfolio tracking and reporting tools for Canadian investors.

- Wealthica: Agree [used 3 years]
- WealthScope: a Wealthica add-ons for deeper analysis ($) - good [used 2 years]
- MoneyReadyApp (www.moneyreadyapp.ca) ($): Generates plans similar to what Financial Planners produce ($$$$$) - requires serious effort to setup and understand, but is amazing after that [used 1 week]

Q: Peter and His Wonder Team
LGO is up 15% today...any idea why. Is this a sign of a better future? Thanks as always!

Q: Hi Peter, With all the talk going on about rate cuts next year, what is your opinion on parking cash as part of fixed income. Should one go for 1 year or 5 yr ladder GIC. This is what i got from TD branch although website is way lower.

1 year GIC – 5.90%
1 year GIC – 5.90%
2 year GIC – 5.60%
3 year GIC – 5.40%
4 year GIC – 5.20%
5 year GIC – 5.20%

Thanks

Q: I know it's outside your mandate but do you know of a good analysis software that takes taxes and investment returns with rrsp's ,tfsa's cash accounts and cpp into account . We have been investing on our own for 40 years and just don't want to give an advisor 1 to 2 % of our money. Thanks for any recommendations.

Q: Please advise what is the current dividend on this stock, as it has just reset.

Q: What is your opinion on the prospects of Cenovus(CVE) and Ovintiv(OVV) over the next 5 and 10 years ? What are your thoughts on selling them (old stocks that could be sold for a tax loss) and replacing them, as a long-term hold, with some Brookfield stock (BN, BEP and/or BIP)? If you favor that, which Brookfield company would you recommend be given the greatest weight ? Or is it better to hold onto those oil and gas stocks for a while?

Q: Hello Peter,
What is driving Aecon stock? It is ticking upwards slowly. I am thinking of keeping it for dividend and some upside.. Any thoughts please? Also, Ivanhoe Electric.. Is it a good time to take a small position? Any idea why the stock shows different statuses on tsx versus nyse.. Sometimes it does not trade much on tsx and other times the values are different eventhough i take into account exchange rates. Thanks very much

Q: For a long term hold (15 years) in a RESP, would you prefer ZEB or ZWB and provide reasons why. Also any other suggestions would be appreciated.

Q: Good morning. Could i have your views on this co.