Investment Q&A

Q: Trimming the herd to pay off the mortgage. Any compelling reason not to sell the above names. I have a few others on the maybe trim list if you make a compelling case to keep any of the above. Balanced growth follower.

I am heavy financial ( thus ditching rbc and mfc), wjx is one of my dogs ( offsets some of my gain on financials) and rus- tpk -wpm have gone sideways so no gain-loss on them. Gets me out pretty cap gain neutral and cleans out a bit of dead weight not in your balanced portfolio

Q: I'm looking for a reasonable dividend yield plus growth potential and looking at above three stocks to invest for long run.
1) If I need to pick two of them which one would you recommend ? If you can share the reasons it would be great.
2) If you were to pick only one which one would you go with
3) Out of these three which one is more shareholder friendly or oriented towards building shareholder value.
4) How you will rank them based on quality of management? Do you see any issues w.r. to management quality or style of functioning in any of these.
Thank you for answering my recent questions on PLC and KBL - it was very helpful.

Q: Hi there, it looks like Canada Goose blew past earnings expectations today and the stock is surging. What is your opinion of this company and would you be buying into the story? Thanks!

Q: Hi Peter
which stock do you recommend:
GOOS or DOL and why
Thanks
Ron

Q: Any reason why Yellow Media is back from the dead? Could we have your assessment, please? Thank you.

Q: These company shares were strong yesterday GC, TSGI, TOY and GOOS. I own all four. Do you like them all for Long Term. What others would you buy ? RAK

Q: Goodmorning

What are your thoughts on using robo advisors? i looked in the Q&A and did not find any questions

Thks
Marcel

Q: Could you please comment on the earnings release, please. thanks

Q: Hi guys, love the service thanks!
Looking at a long term hold of 15-20 years , growth and dividend , but not really risky. I suspect all 3 are good, do you have a particular favourite? Or perhaps a better recomendation?
Thanks again!

Q: Where is the interactive chart tool and where and when was it announced? Thanks.

Q: I am transferring funds to a TFSA and an unregistered account.I have picked the above to be put in my TFSA and would like another 10 picks for my unregistered account as well as your opinion on the 10 for TFSA please.Both accounts have 100k to invest with a 10 year time line to retirement.

Q: Hi 5i,

Is it possible to save the settings for the interactive chart?

Also, in your next update, could you also please consider adding technical indicators i.e. MACD, stochastics, RSI, etc? It would be a whole lot more informative.

Finally, what is the time delay for the quotes?

Thanks.

Q: I sold Enercare in my RIF and was considering TCL.A . I own CCL.B is therean overlap ? what other income plus moderate growth stock should I consider

Q: Good Morning Folks,

I own half positions in several companies - AFN, AC, TCL.A and NFI. Do you think now would be a good time to increase some or all to full positions?

Thanks for your assistance.
Dennis

Q: Gentlemen, Good morning
Just a comment, its better to check with the broker, for exemple Direct Investing NB, even if the CSU is on US side, DIBN will convert the U$ div in Ca$ and than in U$, there is a double conversion.
''Q: Derek
You need a Cdn. & US brokerage a/c.'s
e. g. you buy 100 shs. CSU in your Cdn. a/c.
After settlement call the broker & tell them to tfr. the 100 CSU to your US a/c. Now the US div. will go into your US a/c. Should not be a problem buying CDN Co.'s that pay US divs. & accumulate those divs. in your US
brokerage a/c.
Joe"

Q: Further to a question about directing USD dividends (paid by Canadian companies) to a USD bank account: I think the question is both more complicated and more simple than 5i's answer suggests.

As is generally understood, a number of Canadian companies - for example, CSU, NSU, and OTEX - can by bought/sold in either CAD or USD, but pay dividends in USD. At the same time, many Canadians have occasion to make purchases in USD. This leads to three questions:

1) is it better to buy/sell in CAD, or in USD?

2) how do you accept USD dividends without paying currency conversion costs?

3) how do you move USD from a brokerage account to a banking account without paying currency conversion costs?

As concerns (1): supposing that the stock were equally liquid on Canadian and American exchanges, the question comes down to tax-preparation preferences. If you buy/sell in CAD, then you don't have to do currency conversions when determining the adjusted cost base.

As concerns (2): any competent brokerage will have some way of accepting USD-denominated dividends without currency conversion. For example, at TD, if you held CSU/NSU/OTEX/etc in a USD-denominated account, then dividends would be accepted in USD. To move a position from a CAD account to a USD account, you ask the broker to 'journal' the position from one account to the other. Journalling incurs no currency conversion fees, but you will have to remember to ask the broker to do the journalling for you, each time you make a purchase (or sale.) And, of course, you will still have to currency-convert the amount of each dividend for tax-preparation purposes.

Note that some brokerages - for example, Interactive - do not segregate CAD- and USD-denominated stocks in separate accounts.

As concerns (3): some banks - for example, TD - provide for USD-denominated accounts/cards. Once you've set this up, you should be able to move funds from a (TD) USD brokerage account to a USD bank account or credit card in much the same way as you would CAD-denominated funds. Of course, the bank will charge you a fee (or require a minimum balance) for this.

Clearly, there are certain dependencies, here, on the services of particular banks/brokerages. In general, however, it should be possible to do as the member asked: direct USD dividends to a USD bank account without (double) currency conversion.

Q: Since Pure was bought out at a healthy premium, all has been quiet on the merger/acquisition front. You would think with the US dollar at a hefty premium to the CDN dollar that more US companies would be interested in gobbling up a Canadian company. I know—no crystal ball—but do you see any possible attractive targets for a US company.

Q: Hi. Where can i find a list of the companies you cover?

Q: I wish to buy CDN cos that pay their dividends in US $ for my Scotia ITrade non registered account. I do not want the divs converted to CDN $ but go to a US $ bank account for US vacation. How do I set this up? Can I buy the stock with CDN $ (on TSX) or am I going to have to buy on an American exchange in US$. Scotia has told me the divs will converted to CDN then converted back to US (with fees for each conversion of course).I am not getting a clear answer from Scotia as to do this.
Your (or members) advice is appreciated.
Derek

Q: What top 3-4 marijuana stocks will you recommend?