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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 went to cash towards the end of last year in my TFSA. It turned out to be the right move at the time but 8 months later I am still in cash and suffering from whatever the opposite of FOMO is. As a senior, who lives off investments without any employer pension, my target return is any combination of growth and income at 6% -10% or better. While I am prepared for reasonable risk I can't afford to lose the TFSA headroom for a 3-5 years while a stock recovers. I am looking for 8-10 positions and would appreciate suggestions.
Read Answer Asked by Peter on August 18, 2022
Q: Hey 5i: I am overweight with whitecap and down 5% in the 9$ range ,could use for tax loss but like the dividend. Would definitely sell at 10$ but also would be fine breaking even because I may need this money in the next 8months to a year.With this in mind do you like it as a hold considering needing the money is not a certainty. Tough call but appreciate your input.Tks. Larry
Read Answer Asked by Larry on August 17, 2022
Q: Can you please give me you opinion on these companies as well as their financial status.
Would you consider CHE.UN a buy at these levels or what entry point.
What are your thoughts about the EIF bought deal that was just announced and would you think that this dip is a good buying opportunity?

Thanks
Joe
Read Answer Asked by Joe on August 17, 2022