skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: My 25 year old son has some money to invest (equivalent of a full position) in a self directed RRSP and I am looking for some advice on this as well as a little TFSA portfolio maintenance.

His TFSA has 10% in Cnd banks, 10% in EQB from previous employment, full positions (5% each) in CSU, ECN, KXS, MRE, PHO and SHOP and 1/2 positions in SIS, TOY, TECHY, BYL, CHE.UN (keep???), and CXI.

I am thinking he should sell his EQB as his Cnd Banks are likely a safer way to play the Cnd mortgage market at this point in the cycle - do you agree? Should he move on from CHE.UN as well?

This would leave him with the equivalent of 20%+ to reinvest - 10% in his TFSA and 10% in his self directed RRSP. Should he top up current positions (if so, which ones) or add a couple new ones (if so which ones). Your advice for investing these funds is most welcome!

Many Thanks
Scott
Read Answer Asked by Scott on May 28, 2018
Q: I'm opening a new TFSA account. What 5 stocks would you recommend for a 10+ year investment today, emphasis on growth.
Read Answer Asked by John on May 25, 2018
Q: Hi 5i,
I have not done well in my TFSA (Other accounts doing well enough.)
I'm looking for stock(s) with good growth potential but low downside risk. I am comfort to not make great gains but don't want to keep losing in this account.
GUD seems the logical choice. Would you agree and are there other names that you would consider here even if growth potential is lower? Thank you for the great service.
Tulio
Read Answer Asked by Tulio on May 22, 2018
Q: Hi
I need to get smarter about regulations. If I were to move $5.5k from a non- Registerred Account to a TFSA could I simply transfer shares? Or must I sell, raise cash, move cash, buy back in TFSA account?
Thx Frank
Read Answer Asked by Frank on April 17, 2018
Q: Good day,

I currently have in my TFSA portfolio the following stocks which you had recommended
(KXS, PHO, SIS, TOY, PBH, SHOP and DOL). I have 10K which would like to add to my TFSA. What stocks would you consider purchasing to compliment what I already own?
Read Answer Asked by Enzo on April 16, 2018
Q: In my TFSA currently have BCE, ENB, FTS, TRP, CNR, SLF, BNS and TD - Currently down about 5% in the portfolio. I'm looking to make a change to get some growth in lieu of dividends - what would you recommend keeping and buying.
Thanks
Read Answer Asked by JOHN on April 03, 2018
Q: RE the 30 day rule. If I sell a stock in my margin account, can I buy it back same day in my TFSA and still claim loss? If not can I purchase it in my TFSA first then sell it from my margin account? Thanks James
Read Answer Asked by JAMES on March 23, 2018
Q: Hi team,

I'm putting money towards my TFSA (10K) and was wondering what you think would be the best way to invest it. I was considering starting with 5 stocks: PBH, SIS, CSU, KXS, TOY. My second thought was choosing 2-3 of those stocks and adding in ETF's. Thirdly, I was thinking to invest investing fully into ETF's. I would say that I'm in between balanced and growth in terms of risk.

What are your thoughts? And if the ETF route, which would you recommend?

Thanks in advance,

Jon
Read Answer Asked by Jonathan on March 21, 2018
Q: My son wants to start a TFSA. I have suggested he begin with 5 stocks. Has about 57.K to invest. How do you feel about the number of stocks and the ones listed ? Many Thanks
Read Answer Asked by David on March 19, 2018
Q: Could you tell me if i transferred all of my holdings, eg. Stocks, Etf's from an RSP into a TFSA, if i would take a tax hit? If i did, would it not make sense to do it, thanks?
Read Answer Asked by Pat on March 14, 2018
Q: Hi Peter I have transferd my TFSA to a discount
broker could you sugest ten stocks.I am 80 and
Looking for income .My amount to invest is 75000
Thank you for your help.
Pat
Read Answer Asked by Patrick on March 06, 2018
Q: TD allows you to have a TFSA in both Canadian and US dollars. If I hold a Canadian company that trades in the United States in the US TFSA is there a withholding tax on the dividend? Would it make a difference if the Canadian company pays the dividend in Canadian or US dollars. For example, Royal Bank pays in Canadian dollars but trades in New York and Bep.un also trades in New York but pays its dividend in US dollars.also, would you recommend holding Canadian companies in a US TFSA or should one strickly hold American companies.
Thank you.
M
Read Answer Asked by Maggie on March 01, 2018
Q: I have sent this question 2 days ago but so far I have not receive the answer
1-Is it possible to put in parenthesis which category the stock belong(e.g. finance ,utility telecom etc.) when you are responding to a question
2-Which stocks do you suggest for TSF for a 74 years client.
Thank you.ebrahim
Read Answer Asked by ebrahim on February 28, 2018
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!