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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: IF I TRANSFER CASH FROM THE CANADIAN T.F.S.A. TO THE US T..F.S.A., WOULD IT BE AN EXTRA CONTRIBUTION OR JUST PART OF THE WHOLE T.F.S.A.? OF COURSE, I WOULD HAVE TO PAY CONVERSION FEES.
Read Answer Asked by Herbert on February 18, 2022
Q: I have these holdings in a TFSA shown in descending %. First four at 15% each. Next three at 10% each. Adding $7000. Any additions to what I have? Any new ones? I appreciate the %'s are personal choices ( Part of let the winners run camp). Would you advise trimming?
Have good day. Thanks.
Paul
Read Answer Asked by Paul on February 07, 2022
Q: I have 6K in my TFSA that I’d like to deploy. Presently the TFSA contains the following names and the weight for each one of my TOTAL portfolio (Margin+TFSA+RRSP).

EGLX 0.87%
GSY 3.75%
LSPD 1.62%
MG 5.41%
NTR 6.26%
SHOP 2.05%
WELL 1.94%
NVDA 3.42%
PLTR 1.33%
PINS 0.53%
TFII 5.74%
U 2.29%

Should I sell EGLX and PINS since they have dropped below 1% of the portfolio?
Should I add to one, two or three of these names? If so in what order of preference?
Or should I go with another suggestion? If you can list 5 in order of preference.
Any sector CDN or USA.
I will not need the cash for another 8-10 years minimum.
Thanks for all you do.
Read Answer Asked by Marco on February 07, 2022
Q: I have some new money to invest in my TFSA. I am well diversified in my other accounts, and am now wondering what to add to my TFSA. I am a senior so I would say about a 5 year time frame that this would stay in the TFSA, maybe more.
Any suggestions you have would be helpful.
Thanks so much for your help in the past, it has always proved very lucrative.
Shirley
Read Answer Asked by Shirley on February 02, 2022
Q: I'm going to make RSP contributions (for myself and husband) in kind this year from a margin/cash account. Looking for the best candidates. I'd have to report a CG on GSY (376%)or ATD.b (394%) or KXS (210%).
Alternatively, CG on PBH and MG are 18% and 65% respectively.

What stocks (in order of preference) would be good to transfer to RSP? in your wise opinion

Thanks!!!
Read Answer Asked by Brenda on February 01, 2022
Q: Good day. I see folks ask about stocks to add either to RRSP or TFSA. What characteristics define if a stock is more suitable for one than the other? Thanks
Read Answer Asked by Robert on January 27, 2022
Q: We recently initiated a TFSA for a family member (long-term buy & hold); the 10 securities purchased (in approximately equal amounts) were: Aritzia (ATZ), Unilever (UL), GoEasy (GSY), SunLife Financial (SLF), BAM (BAMa), WSP (WSP), Algonquin Power (AQN), Telus Int'l (TIXT), and an ETF called XUSR. Still have ~15% capital (~$12,000) to invest. Which 3 or 4 of these would you have greatest conviction to add to? And/or is there another security which would complement the above?

Ted
Read Answer Asked by Ted on January 27, 2022
Q: In mid December I moved some shares out of my TFSA into a non-registered account.
The non-registered account shows a market price for those shares attributed to the time/date that I moved the shares. Can I assume that that is the amount of additional room that I now have in my TFSA? What I am intending to do is to move some other shares into the TFSA.
Read Answer Asked by william on January 13, 2022
Q: Hello. I have the above stocks in my TFSA and I have 6000.00 to add. Can you suggest any other stocks to add to this list or should I just add to the existing list? I have a 5-10 year time frame and I'm retired.

Thanks so much,
Louise
Read Answer Asked by Louise on January 12, 2022
Q: I have ERF, LSPD, LSPK, NVEI and WELL in my TFSA. I would like to add one or two more equities to my holdings. What other Canadian stocks only should I consider. Please rank in order of purchase and provide three or four names. Thanks
Read Answer Asked by David on January 12, 2022
Q: My son has $5k to put into his TFSA. He has CU, BCE, BEP.UN, WCP, ZWH, AC & BB as higher risk plays. For a 5 to 7 year conservative hold after which he will need funds for loan repayments etc (which is why his stock choices are mostly conservative), would you recommend more ZWH or a CAR.UN or... ?
Read Answer Asked by Harry on January 09, 2022
Q: I have 3 securities (TOI, GSY, WSP) in my TFSA (in approximately the same amounts), and have added $6000 cash to that brokerage account for 2022. Would it seem reasonable to add to each of the 3 positions with the newly added cash, or would you feel I should prefer one or the other security(ies) among the 3?

Ted
Read Answer Asked by Ted on January 07, 2022
Q: I was planning on growing my position in these companies during 2022 in my TFSA account. Is there any of these companies you wouldn't invest in or replace for an other company (please indicate witch company you would replace it by).

Also can you say in what order you would rank these companies from highest to lowest, highest being you favourite and lowest least favourite?
Read Answer Asked by Rick on January 07, 2022
Q: I want to transfer two stocks in kind (SVI and LSPD) to my TFSA. Combined they are more than my $6000.00 annual contribution limit. Presently I have spare cash in my TFSA. Can I take cash out of my TFSA to make up for the over contribution from the stock transfer, without any implication?
Read Answer Asked by Anthony on January 06, 2022
Q: 1. out of the above stocks, which one or two (order of preference) should be transferred to a TFSA?
2. are all of these worth continuing to hold? (esp DOCU)
Read Answer Asked by Brenda on January 05, 2022
Q: In a TFSA, I have ERF, LSPD, LSPK, NVEI, WELL. IN 2022 can add another $6,000 to TFSA. If you were going to add to existing holdings in what order would you add. If instead, you were going to add a new stock to the TFSA, what would you add?
Read Answer Asked by David on January 04, 2022
Q: Hi team,
I was looking for your best bets for my 2022 tfsa contribution. I was leaning towards either Bam, Toi, or Lspd. What are your thoughts? Or do you have a better choice or 2 out there? I have a long term investment horizon 10yrs plus; and have no issue holding so long as the story in the name doesn’t turn negative . Thanks and happy new year !
Shane
Read Answer Asked by Shane on January 04, 2022
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