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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: My granddaughter wants to invest an additional $6,000 in her TFSA. She has a small amount in energy already so we want to buy her something in a different sector.
Do you think she should buy CCL.B, Agrium, Intertain, or Cineplex. She is willing to take some risk and is wondering if she should put all $6K in one stock or split it up.
Thank you very much!
Read Answer Asked by Arthur on June 08, 2015
Q: I have some room in my TFSA and was hoping to add a couple of good quality growth stocks. I currently own small positions in Stella Jones and Brookfield Asset Management in my RRSP and was thinking of adding some more in my TFSA. Would these be good candidates? If not, are there any others that you would recommend?
Thanks.
Read Answer Asked by Brian on June 08, 2015
Q: Hello Peter and 5I team,
Thank you for your advice in the past. We have just topped up our TFSA and with the cash we already had on balance are ready to purchase some stocks. We are already diversified in our other accounts with large caps and fixed income. We are looking for fairly valued dividend growers and or first time dividend payers.
Thanks
Read Answer Asked by john on June 05, 2015
Q: I have a TFSA with BMO at 40%, SYZ at 10% and unfortunately TA at 11%. I have 18.5k to invest. Overall I am down. Can I please get your recommendations? Good for the long term.
Read Answer Asked by Lois on June 04, 2015
Q: I have a well diversified portfolio and was wondering which 3 stocks, beat up or otherwise, you would recommend today for purchase in a TFSA. Thanks!!
Read Answer Asked by Sandy on June 01, 2015
Q: If someone has only $35,000 in their TFSA and no other investments, what stocks would you recommend?

Thanks
Dolores
Read Answer Asked on May 28, 2015
Q: I have about $20000 in the account and loss of about $1500 which stock would you advise for this account minimum 5 years investment?.
Read Answer Asked by Nizar on May 15, 2015
Q: Hello Peter and team,

My 20 year old nephew just opened a Scotia itrade account this week, how much can he contribute into his TSFA?
Scotia itrade has free ETF trading. For dollar coast averaging, which 4 or 5 ETF's would you recommend for a beginning investor?
http://www.scotiabank.com/itrade/en/0,,4200,00.html

Thank you,

Brent
Read Answer Asked by Brent on May 15, 2015
Q: Hi
Ihave a few shares in my US account both are spin off from L Liberty which I bought in2004 DTV has a nice Capital Gain and I would like to know if it is a good
idea to keep them or transfer both of them into my TSFA US Account.
thanks a lot
margit
Read Answer Asked by margit on May 10, 2015
Q: Gentlemen. A quick question about TFSAs. My wife and I have both contributed the maximum allowed up to this point. The limit has been increased to 10000.00. Is the extra 4500.00 for this year and future years contributions. Or is it retroactive back to the beginning?
Thank you.
Ron
Read Answer Asked by Ronald on May 05, 2015
Q: Canadian Solar is trading on the US stock exchange and, to my knowledge, is not trading in Canada although a Canadian Company. I would be interested in your assessment of this Company. With the demand for solar expanding and the cost of solar panels dropping it would seem like a good long term investment. What do you think.
Read Answer Asked by Bob on May 04, 2015
Q: Hello,
G&M`s Scott Barlow recently advised placing US health and tech ETF`s in a TFSA account. Would you agree, or should equity ETF`s be held in a sheltered account?
Thanks!
Read Answer Asked by Robert on May 01, 2015
Q: Hi Peter & Team

If you where opening a tfsa account what stocks would you start with Stocks with growth & dividend increase

Thanks Mike b
Read Answer Asked by Mike on April 30, 2015
Q: Due to past circumstances and bad advice the majority of our investment portfolio is in Registered Accounts leaving our TFSA's with plenty of room. Would it be wise to gradually over the next 10 years of retirement move (I am not sure if I can move stocks directly in kind) some of the registered $$ which consist of 5i Balanced and Income portfolio stocks to max out the TFSA allowing the stocks I own to grow tax free. I would of course have to pay the tax on RSP withdrawals along the way. I do realize that I would have to manage income accordingly in order not to jump into the next tax bracket. The stocks I would move would be higher growth stocks in order to take advantage of the flexibility of the TFSA. Any advice is appreciated. Many thanks!
Read Answer Asked by Martin on April 28, 2015
Q: Do you know of an app. or spreadsheet to track contributions, withdrawals and contribution room remaining for the year. Simple I know, but also tricky.

Thanks
Read Answer Asked by David on April 27, 2015
Q: Assumptions: proper sector diversification and adequate fixed income products are already covered in my total portfolio. What ETF's (4) would you suggest for our 20k investment for 2015,we are 72 and have nothing outside Canada.

Thanks to all
Read Answer Asked by Warren on April 23, 2015
Q: Now we can place 10,000. in tfsa can i place 4,500 dollars more right now to have my full tfsa in my account. I had place already 5,500 dollars before. Thanks
Read Answer Asked by Denis on April 22, 2015
Q: http://www.tfsa.gc.ca/

Looks like it will be retroactive if passed.
Read Answer Asked by Catherine on April 22, 2015
Q: I just read on line (Google when can the additional money be put into tfsa) the cra will not penalize anyone who makes a contribution as of today of $4500. Even though it has not been approved by parliament the cra considers it approved as of budget date yesterday. So I plan on adding $4500 today.
Read Answer Asked by Helen on April 22, 2015
Q: Hi 5i,
While it may be a bit premature, my question is: at what point can we use the increased TFSA limit? I have tried looking for this information but haven't found anything concrete to indicate exactly when it is safe to make the additional contribution. As we know, there is a consequence for over-contributing and the term "immediately" used in the budget might not really mean "immediately" from a practical point of view. Can you or the members offer any clarification?
Thanks!!
Cheers,
Mike
Read Answer Asked by Mike on April 22, 2015