Q: I have no energy stocks in any of my portfolios at present and wonder if taking a position in ARX for my RRIF would be prudent at this time. As you know, the stock has been trading significantly lower than the new issue price of $22.55 and provides a dividend over 5%. I have room in both my non-registered account and TFSA if you think either would be a better strategy. Thank you.
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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: Hi Peter and 5i folks,
Love this service. I especially like the questions database which I consult on a regular basis. I also the quick return on questions asked in an often rapidly changing environment overlappded with long term "sage" advice. And I also think the new rules on question limits to be most fair.
It is now 2015 and it is time to add to my TSFA account. I am growth oriented now but will rotate to income in about 5-7 years. I am wondering if you could recommend 3-4 equities that have been over-punished (providing a good entry point) with the recent market pull back.
Pats on the back for a unique and valuable service !
Love this service. I especially like the questions database which I consult on a regular basis. I also the quick return on questions asked in an often rapidly changing environment overlappded with long term "sage" advice. And I also think the new rules on question limits to be most fair.
It is now 2015 and it is time to add to my TSFA account. I am growth oriented now but will rotate to income in about 5-7 years. I am wondering if you could recommend 3-4 equities that have been over-punished (providing a good entry point) with the recent market pull back.
Pats on the back for a unique and valuable service !
Q: I own Genworth Financial (GNW.US) in TFSA account, and it reported very poor earning last quarter and its cash reserve has been down unexpected significantly. Genworth is scheduled to report in February, and I am afraid it will be another disappointing quarter. Since I can't claim it as capital loss, do you think I should cut my loss to move on other companies or wait for its turn around? I like Starbucks and Michael Kors quite a lot; however, Starbucks valuation is very high, and Michael Kors has just been downgraded by Credit Suisse today.Does it make sense for me to switch from Genworth to Starbucks or Michael Kors at this time? Thanks for your great tips always!
Q: We plan to invest $5500 in each of our TFSAs for 2015.We do not have any investments in the following sectors--consumer staples,materials and utilities.Could you suggest 2 or 3 stocks for each of these sectors.
Q: Happy new year Peter and 5i,
Once again it is time to add funds to our grandson's RESP [14 mos]. Currently his holdings are: XTC 20 % of portfolio up 35%, DHX 19.4 % of portfolio up 92%, AYA 25% of portfolio up 285% [wow]. We reduced his holdings by 50%, and AVO 8.1% of portfolio down 42%. We would appreciate your opinion of new picks and assessment of current portfolio
thanks again
Once again it is time to add funds to our grandson's RESP [14 mos]. Currently his holdings are: XTC 20 % of portfolio up 35%, DHX 19.4 % of portfolio up 92%, AYA 25% of portfolio up 285% [wow]. We reduced his holdings by 50%, and AVO 8.1% of portfolio down 42%. We would appreciate your opinion of new picks and assessment of current portfolio
thanks again
Q: I realize this is a bit of a wide open question but if you were to recommend 3 Canadian high-growth potential stocks for inclusion in a TFSA account what would be your top picks? Thanks in advance.
Q: Happy New Year..
I have been conservative in my TFSA. Was thinking of selling SLF, BMO, and CM. All up 30 to 50%. Taking on more risk/potential growth..SGY, ARE, RRX,DHX.B and MND. They seem beat up and I have plenty of time and do not need the cash. Not being greedy, just thinking I'm not using the TFSA to its full potential.Can you comment and add two or three other suggestions?
Thanks
Paul
I have been conservative in my TFSA. Was thinking of selling SLF, BMO, and CM. All up 30 to 50%. Taking on more risk/potential growth..SGY, ARE, RRX,DHX.B and MND. They seem beat up and I have plenty of time and do not need the cash. Not being greedy, just thinking I'm not using the TFSA to its full potential.Can you comment and add two or three other suggestions?
Thanks
Paul
Q: Next question. If you open a tax free account today is the limit you can invest starting this year or is it cumulative for the time the program was introduced. So can I put in $35000.00?
Q: If you open a tax free account today and only put in say $100.00. Does the maximum carry over to the following year. In other words if the limit this year is $5500.00 and you only put in $100.00 can you then put in $5500.00 in 2016 plus the $5400.00 carry over from 2015.
Q: Hi:
I am considering using my wife's and my TFSA to invest in high yield Canadian Equities (i.e. anything paying 3% and above). As opposed to reinvesting the dividends, I plan on withdrawing the cash to provide a little extra income. If I didn't sell any of the equities and withdrew only the interest, would my contribution room "grow" commensurate with the withdrawals?
I am considering using my wife's and my TFSA to invest in high yield Canadian Equities (i.e. anything paying 3% and above). As opposed to reinvesting the dividends, I plan on withdrawing the cash to provide a little extra income. If I didn't sell any of the equities and withdrew only the interest, would my contribution room "grow" commensurate with the withdrawals?
Q: Hey guys, I would like to transfer from my non registered account to my tfsa. What securities would you recommend, Parkland, CCL.b, Stella Jones or Knight.
Have a happy and safe New Year
Jim
Have a happy and safe New Year
Jim
Q: If I sell shares in my TFSA account does the superficial tax rule apply ie must i wait for 30 days before repurchasing the same stock within my TFSA . Also what is your outlook for Scotia Bank in 2015 . Thanks Rick
Q: Hello Peter and team,
I am getting ready to make my 2015 TFSA contribution on Jan 2nd, and with some cash in that account I would like to invest in one or two growthy stocks. What are your top 5 suggestions for a TFSA at this time (holding period is 3 years minimum).
Also can you list your top 3 TFSA suggestions in the Information Technology and the Health Care sectors.
Please rank your choices highest to lowest.
Happy New Year,
Paul J.
I am getting ready to make my 2015 TFSA contribution on Jan 2nd, and with some cash in that account I would like to invest in one or two growthy stocks. What are your top 5 suggestions for a TFSA at this time (holding period is 3 years minimum).
Also can you list your top 3 TFSA suggestions in the Information Technology and the Health Care sectors.
Please rank your choices highest to lowest.
Happy New Year,
Paul J.
Q: I participated in a class action suit re: Zungui Haixi and today received a my settlement cheque which surprisingly amounted to about 20 cents for each dollar lost. The stock was originally held in my TFSA so that is where all the loss occurred. Can you tell me if there is any way to attribute the settlement funds back in to my TFSA without it counting towards my annual contribution?
Q: If you sell a stock in a Tax free account that results in a capital loss does the loss provide you with additional room within the tax free account over and above your annual contributions?
Q: I am retired and setting up our TFSA's (wife & I) for a stream of tax free income.We max contribute every year and are currenly overweight energy-27%, reits-23%,piplines-23%: underweight utilities-7%,industrials-7%, financials& others-0%. I would love some suggestions for our 2015 contributions, preferrably heavy on income & modest growth. Many thanks,
John
John
Q: Hi 5i team,
Suggestions for starting a TFSA with 10k initial investment. I was thinking of 3 stocks from diverse sectors. low - med - high risk.
SGY (or WCP) high
DHX.B med
TD low
roughly 3k each. Thoughts?
This TFSA complements a large portfolio of mutual funds that are properly diversified.
As an aside would you substitute BTE for any of the above mentioned candidates?
Suggestions for starting a TFSA with 10k initial investment. I was thinking of 3 stocks from diverse sectors. low - med - high risk.
SGY (or WCP) high
DHX.B med
TD low
roughly 3k each. Thoughts?
This TFSA complements a large portfolio of mutual funds that are properly diversified.
As an aside would you substitute BTE for any of the above mentioned candidates?
Q: A question on buying stocks on the NYSE or Nasdaq exchange. I have never bought a stock on an exchange outside of Canada, and am very ignorant of the consequences. As an example I would like to buy Apple, and realize I have to pay in U.S. dollars, plus a small fee for exchange both on buying and selling the stock. I have a RRIF, an RSP, and a TFSA and any buying would be through one of these. Is there any problem with me holding a US stock in these programs and is there any tax consequences? Is there any other problems I am not aware of? Thank you.
Q: My daughtet 30 has just open a tfsa a/c with $1300 she is looking for growth minimum 1 year time frame.please advise what to buy.
Q: Hello Team,
I am looking for advice in re-balancing my TFSA account currently holding AEI, HBM,RC,FEYE and PRW (1/2 pos). "Aggressive" growth is my objective for this account, I am OK with volatility and have a time frame of 3-5 years. I am looking to add QST, PLI, AVO, KLS and DHX.B, with new money. Can you give me your thoughts on the list in terms of diversification and sector weighting?
If you think I need to replace some names, can you suggest alternatives, preferably low dollar securities (<$ 15) with very good growth potentials.
BTW, does any of these have a chance of making it to your upcoming growth portfolio? Do you suggest that I wait for that?
Thanks as always.
BK
I am looking for advice in re-balancing my TFSA account currently holding AEI, HBM,RC,FEYE and PRW (1/2 pos). "Aggressive" growth is my objective for this account, I am OK with volatility and have a time frame of 3-5 years. I am looking to add QST, PLI, AVO, KLS and DHX.B, with new money. Can you give me your thoughts on the list in terms of diversification and sector weighting?
If you think I need to replace some names, can you suggest alternatives, preferably low dollar securities (<$ 15) with very good growth potentials.
BTW, does any of these have a chance of making it to your upcoming growth portfolio? Do you suggest that I wait for that?
Thanks as always.
BK