Investment Q&A

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

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

Q: Does the Ontario probate fee apply to. Tfsa?

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.

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

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

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... ?

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

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?

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?

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)

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?

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

Q: Can you buy and keep us securities in a TFSA?

Q: Season's Greetings 5i team,
We will be making a 6k contribution to each of our TFSAs in the New Year. The two accounts hold the following securities:

TFSA1: ATA, DSG, WELL and TOI
TFSA2: ATZ, BAM.A, DOO, NVEI and TOI

In what order might you invest the $ in the securities in each of the two accounts? (Given the relative size of this investment, overall diversification (across all accounts), size of holdings and industry allocation will not be affected).

Thank you for your dedication and all of the great work you do for us DIY investors. Merry Christmas and HNY!
Steve

Q: Can I make my 2022 tfsa contribution before jan1/22 ? Thanks
Seasons greetings to the staff at 5i

Q: Hi All:
I have a generic TFSA question. My TFSA is ~$147K; my wife is at ~$140K
Not all my stocks choices are winners but sometimes in the past I have NOT taken my profit off the table. ie sold some of my winners to reinvest in other upcoming potential winners. We all get the $6K starting in 2022, but I would like your thoughts on transferring in kind some shares from our TFSA's into our open account. ie: the ones that have gained 70 to 80%. My thoughts are that this would give me more room to transfer $$$ from our open account in 2022, that are presently losses I think are still potential stocks that could go up, thereby giving us some tax free gains.

Is this game to dangerous or just plain stupid.

I hope you all have an enjoyable and well deserved Xmas time off. Ken.... :-)

Q: What would your top two picks for the 2022 TFSA contribution be? Please answer as if it was YOUR TFSA. Thanks

Q: What is a good stock to buy for RRSP for a 10 year hold? I am following LSPD right now but also reading the ?'s on TOI. thank you

Q: Do you recommend a level of international exposure in a TFSA even though there is a withholding tax? Would the best strategy be to overweight international exposure in the RRSP and underweight in TFSA.