Q: Retired relying solely on my public pensions. Have held DIR.UN for a long time. Just read your latest report. ACB is $3.27 after the ROCs. I hold 2700 units in TFSA which I am orienting towards a growth portfolio instead of income. Would you agree this equity is a candidate to move to my balanced cash account before year end to give it a higher ACB, continue to hold and maybe even add to it?
5i Research Answer:
Without getting personal, we would consider the proposal in the question a decent strategy. If ROC continues to be paid there some taxes are still deferred, but also (mainly) we would consider the REIT relatively low growth and such a move would free up TFSA room for a faster-growing security.