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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, One of kids just turned 18 and I would like to start a TFSA. What would you recommend to invest in as a long term goal so that they can also learn about investing. The money will not be required for next 5 years at least
Thanks
Ravi
Read Answer Asked by Ravindra on November 27, 2017
Q: If someone was looking to add to a TFSA account, what would be your best 5 ideas to invest in.


Thanks Valter
Read Answer Asked by Valter on November 20, 2017
Q: My daughter wants to start a TSFA with $5000.00. This will be a long term investment with nothing else added for at least a year or two. She is 24. Would you recommend a couple of stocks or would etf's be the way to go? Which stocks or Etf's would you suggest? Thank you.
Read Answer Asked by Lois on November 20, 2017
Q: Peter and team:
I read a question from someone this morning about a TFSA for their 18 yr. old daughter. I had just been thinking about this prior to turning on the computer. I too am in the same position. I had been thinking RRSP. Which vehicle (RRSP vs. TFSA) do you feel is best for a young investor to start with? Also, for an RRSP, what would you think of a low MER high quality Mutual Fund such as MAW 104.

Thanks as always for a great service.

Phil
Read Answer Asked by Phil on October 25, 2017
Q: I am approaching my TFSA contribution limit and have opened a cash account. I'd appreciate your advice on how I should allocate stocks between the two accounts.

Currently my account consists primarily of micro/small/mid cap growth stocks and high dividend stocks. I am planning on adding some high dividend etfs.
I'd like to separate high growth stocks from dividend stocks/etfs.

My initial thought is to use my TFSA as a tax free income generator with the dividend stocks/etfs. As these stocks produce somewhat guaranteed gains I will definitely be utilizing the tax free incentive of the account.

While having my riskier growth stocks in a cash account where I am more likely to incur loses and can take advantage of tax loss rules. Also, if Im lucky enough to have a multi bagged I hope I wouldn't be too upset paying a bit of tax on the gain.

Does that make sense? Would you suggest otherwise and if so why?

Thanks
Read Answer Asked by EVAN on October 25, 2017
Q: My TFSA is worth about 26000. I do not need the money and have a long time horizon - say twenty years. I intend to maximize the annual contribution limit. Currently I have roughly equal positions in ZLU, VMO, VVL, and VGG. Plus a smaller position in CBL, which has tanked, but pays a dividend.
What do you recommend for a TFSA makeover, if any, in this case?
Read Answer Asked by Alfred on October 24, 2017
Q: My wife's long term port, TFSA-CCL.b, GUD, KXS, NFI, PBH. RRSP-BNS, CAE, SHOP, SJ, TOY, WSP, 1/2 HWD. 26% Industrials, 18% Materials, 16% Tech. Just added enough cash for 2 more full positions(1 in each account) Can you recommend 2-3 stocks that would be a good fit. Looking for diversified growth.
Thank you!
Read Answer Asked by Derek on October 24, 2017
Q: Hello 5i,
I would just like to clarify: are both ZDI and AW.UN suitable for a TFSA or - in general - would one or the other be best suited to another type of account? The expectation is that both would be held as part of an income strategy, not necessarily a trading strategy.
Thanks for you help - as always, much appreciated!
Cheers,
Mike
Read Answer Asked by Mike on October 23, 2017
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