Q: There appears to be a continuous downwards trend on both stocks, Canoo apparently misrepresented some facts and there were bookkeeping errors with PLUG accounting. Is it worth keeping these stocks for a 2-3 year time horizon assuming substantial upside potential in stock price from present.
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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: Hello 5i,
As I approach 70 years of age I am trying to prepare for my impending RRSP - RRIF conversion. One move I am considering is to move VIG over a period of years from my RRSP to my TFSA. The rationale is that it is a relatively low dividend stock but the capital appreciation is huge - I am currently up about 76% - and this means the increase in VIG value affects my minimum withdrawal required each year while contributing relatively little in the way of dividend income to cover the mandated minimum withdrawals.
One note - for the past several years we have been taking our TFSA contributions from our RRSP's but seem to always end up with a tax refund anyway, so we are not so concerned with the tax issue on that front.
So, to the question (finally): do you see any problems at all in such a move for VIG or any other U.S. ETF or Global ETF? The withholding tax on U.S. holdings in the TFSA is not an issue. Any other comments or suggestions?
Many thanks!!
Cheers,
Mike
As I approach 70 years of age I am trying to prepare for my impending RRSP - RRIF conversion. One move I am considering is to move VIG over a period of years from my RRSP to my TFSA. The rationale is that it is a relatively low dividend stock but the capital appreciation is huge - I am currently up about 76% - and this means the increase in VIG value affects my minimum withdrawal required each year while contributing relatively little in the way of dividend income to cover the mandated minimum withdrawals.
One note - for the past several years we have been taking our TFSA contributions from our RRSP's but seem to always end up with a tax refund anyway, so we are not so concerned with the tax issue on that front.
So, to the question (finally): do you see any problems at all in such a move for VIG or any other U.S. ETF or Global ETF? The withholding tax on U.S. holdings in the TFSA is not an issue. Any other comments or suggestions?
Many thanks!!
Cheers,
Mike
Q: Hi Everyone at 5i! Coinbase is apparently launching its IPO on the Nasdaq. Any thoughts on it? Would it be available to the retail investor? Cheers, Tamara
Q: I read the questions and sometimes I get the impression you view volatile stocks as risky. For example, TSU could be at $17.00 and three days later it is $24.00 and the next day it is $16.00. This happens with other stocks as well. Is this as a result of people dumping when these stocks go up a few dollars in a few days or is it computerized selling. What is your opinion on why this type of volatility happens with some stocks. I have read that this DMYD is going to act like that but produce big gains. Thank you. I await your good information.
Q: I want to buy one of these. Which do you recommend and why.
Q: Founder selling 880,000 shares how that going to affect stock? short and long term,Thanks keep up great job, Gilles
Q: this company has a pretty good yield . Do you think it could be a decent stock to hold? thanks.
Q: What do you think of COIN? Any chance of getting shares in the IPO?
Q: what would be some great investments if we were to have a really hard drought all across North America this spring summer and fall ? thanks
Q: Looks like MTRX (Loop) is getting involved with LSPD (Lightspeed). This should give them a big boost. I am wondering about your thoughts o. MRTX
Thanks James
Thanks James
Q: I don't often get timing right and mostly I get it right when I am not trying to. I sold AC (for a profit) mostly because I found other things that I could hold longer. AC may or may not sell off more but if I were to re-buy inside the 30 day window will that reduce my capital gains tax by averaging?
Q: with goeasys announced deal today which is accretive immediately when it closes in the 2nd quarter, upsizing of its fund raise, announcement of 1st quarter prelim results which were strong,, plus huge increase in gsy size i thought the stock would open about 135, instead its down a buck as of this writing which is nothing in the grand scheme of things, just curious as to why-is it because of stock dilution.dave
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Macro Enterprises Inc. (MCR)
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ATS Corporation (ATS)
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Xebec Adsorption Inc. (XBC)
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Enthusiast Gaming Holdings Inc. (EGLX)
Q: Hi 5i team,
I have XBC in my TFSA with a 50% loss. As you mentioned before, it probably will take about a year for the company to prove itself. There won’t be much upside for this stock in the near future. In order to put the money to better use, I’m going to sell XBC now and use the proceeds to purchase another company hopefully at the cusp of positive move. I’m thinking of ATA / EGLX / MCR from the Growth Portfolio. I’m looking for high revenue growth and strong cash flow. Which of these do you think have the most upside potential in the next 12 months and why or would you suggest another name? Thanks.
I have XBC in my TFSA with a 50% loss. As you mentioned before, it probably will take about a year for the company to prove itself. There won’t be much upside for this stock in the near future. In order to put the money to better use, I’m going to sell XBC now and use the proceeds to purchase another company hopefully at the cusp of positive move. I’m thinking of ATA / EGLX / MCR from the Growth Portfolio. I’m looking for high revenue growth and strong cash flow. Which of these do you think have the most upside potential in the next 12 months and why or would you suggest another name? Thanks.
Q: Quidel has seen a sharp decline, more than 50 per cent off its highs and is in a high growth sector . Can you explain the fall from grace? At less than 7x earning, over 20% roi, and some insider buying is this a good investment at this time. Thanks for your analysis.
Q: Bally is buying gamesys (jkptf) for 1850 pence or .343 baly I think .Gamesys is trading at 1950 p and bally is falling .What gives
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Monster Beverage Corporation (MNST)
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Qorvo Inc. (QRVO)
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Thermo Fisher Scientific Inc (TMO)
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Five Below Inc. (FIVE)
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Generac Holdlings Inc. (GNRC)
Q: Hi 5i Team,
Could you please rank the following in terms of growth and then once again in terms of safety. Are any of these companies expected to disproportionately benefit in a post-covid world?
FIVE, GNRC, MNST, QRVO, TMO
Thanks in advance,
Bob
Could you please rank the following in terms of growth and then once again in terms of safety. Are any of these companies expected to disproportionately benefit in a post-covid world?
FIVE, GNRC, MNST, QRVO, TMO
Thanks in advance,
Bob
Q: It’s been since February that a question has been asked about the potential growth of Uber. Could you pls give us your latest thoughts on this company as it moves toward profitability and we come out of Covid.
Q: Could you comment on the acquisition of Nuance by Microsoft?
Q: Hi 5i Team - Could you provide an update on the fundamentals of GSY and your opinion as a buy at today's price. Also having checked the INK Insider Report there seems to have been a lot of selling. Could you comment on this as well as total insider holdings. I know that GSY is in the business of lending money but does it also have debt and if so then is it a manageable amount.
Thanks.
Thanks.
Q: Hi Guys
Do you see some light at the end of the tunnel for Redline.
I see Amie Chan has joined the Company, Norsat did well under her guidance
Gord
Do you see some light at the end of the tunnel for Redline.
I see Amie Chan has joined the Company, Norsat did well under her guidance
Gord