Investment Q&A

Q: I bought a spread call on Nexflix as one transaction and occur a loss. Do I report as 2 transactions on my taxes or one transaction? One option is profit and another one at loss. Am I allowed to claim a loss or it is not allowed for under 30 days.

Are there any specific Tax rules on trading spread options?

Thanks for the great service

Q: I will have to claim USA 10K profit in CDN dollars so my question is I already paid taxes on $10k. If I decide to convert all my USA holding to CDN dollars will I end up paying double taxes? Plus how do I calculate USA dollar cost on my profit?

Thanks for the 5i research - I have reduced my losses to almost zero.

Thanks for the great service.

Q: Hello Folks:
It recently appears Tech stocks are moving opposite direction to industrials such as Cummins, Caterpillar, John Deere and others.
I would think the reason these industrials have moved up so much is based on an improving economy. If so why do tech stocks decline when these industrials increase?
Do you feel there perhaps continues to be more upside in these industrial stocks than tech? What are your views on these industrial stocks (including Honeywell) as longer term holds with aggregate an weighting equal to tech?
Thanks for your excellent service
brian

Q: Please name from your portfolios companies that have the following
-at least 200 million market cap
-Return on equity a minimum of 15% for at least 5 years in a row
-net debt to free cash flow below 3
Growth at least on average 5% yearly
Thank you

Q: Good morning, i wanted to move slowly from individual stocks to ETF's mainly because of less ibdividual company risk. I want to stay fully invedted in the stock market but more and more concerned about capital appreciation. Does this make sense for someone who still wants to stay in the stock market, thanks?

Q: I hold DYNAMIC ACTIVE GLOBAL DIVID ETF UNITS (DXG) and the bank has sent me a T3 slip (Box 21) indicating I have earned $5384 as a capital gain. I didn't sell my ETF. I thought you report gain or loss only after you sell in a calendar year.

If I would have sold my ETF on Dec 22 my gain would be close to 10K how did they come up with only 5384.

I call my bank and they advise slip was generated "Non-cash distribution as part of the phantom payment." however I didn't receive any money.

Can you please advise do I have to report this gain or report when I actually sell the units?

I do my own Taxes. Any advice would be appreciated.

Thanks for the great service.

Q: There are some experts who suggest that humanity’s greatest threat is climate change, even more urgent than COVID-19. If this is true then should not all of our future decisions be filtered with a relative carbon footprint weighing.
In your opinion what is the future of the resource sector, particularly energy, in my portfolio?

Q: Buy & Sell are specific recommendations. Hold is confusing? I’ve heard that analysts don’t want to issue sell recommendations for various reasons and that hold means sell. The question I would like answered is;
Why would you hold a stock you would not buy?
I have started a thread in the brokerages and research section of the forums if anyone wants to comment.

Q: Tech has been correcting and I recently read an article in the G&M that professional portfolio managers had reduced tech exposure by 24%. This led me to wonder if index ETFs adjust their portfolios continuously throughout the month or at the end of the month. If the latter, I would expect pressure on tech shares to continue until the end of the month with no opportunity for a rebound until April. Am I correct? Thanks as always.

Q: Could you help me understand how dividends works ?
For exemple, I bought GSY when the dividend was 7,4%. I see that if I add new shares today, the dividend will be 2,20%. How will the dividend be calculated for the next dividend payment if I do buy new shares ?
If I don't buy new shares, will the dividend payment on my existing shares be 2,20% ?
Or to put it differently, do I just multiply the present dividend (0,66$) by my number of shares ?

Gratefully,
Jacques IDS

Q: In 2019, a TFSA account had the max contribution to date of 63,500. Then 20,000 was withdrawn later in 2019. No contributions were made in 2020,2021 which had 6000 limits. Would the max allowable contribution today be 32,000?

Q: I would like to invest in each of the eleven TSX sectors through eleven ETFs that track those sectors. If those ETFs do exist could you please recommend an ETF for each sector. Thanks … Cal

Q: Hi 5i team.

Is there an efficient way to search for ETFs that represent certain specific groups of Co's or overall sector? For example, Telco CAD/US or combo?

Thanks for your help.

Q: Can you suggest a few Canadian Companies that is dual listed inCanada and the US that pays its dividends in US currency. I have AEM, TFII, CSU, BAM and MG journaled over to a US account. I am looking at AQN, N, and TRI.

Looking mainly for income.

Thanks!

Q: With a 6-12 month outlook what are your top picks in North American markets within the Financial, Industrial, energy and material sectors?

Q: Hi 5i Team. Question relates to what symbol that one can use for, as an example US 10yr bond yield, or other bond yields (2, 5 or 20 year). I often use the TMX Money site to call-up various companies and ETF's, but it does not recognize bond yield symbols. My purpose here is to be able to track, compare various bond ETF's to bond yields. Any help in this area would be great. Thx for all your wisdom. Steve.

Q: Hello Peter et al:
Just a note of thanks. Some time ago I suggested that a portfolio assessment section would be helpful in a Q&A format here. You said it was a good idea but may be suitable for Canadian Money Saver, (CMS). I see now in CMS Portfolio Confidential has become a regular feature! This month's case history has so many similarities to our situation and is very helpful
Thank Ms. Barbara Stewart on my behalf and a big thank you to you as well!

Q: 10/15 div stocks that would be best in a market melt down (maintain div)
10/15 div sticks that would be best in inflation run up (no/low debt)
No consideration for sector or concentration needed.
US and Canadian stocks ok prefer Candian if there is a tie
Use credits as needed

Q: Good day! I am slightly off topic but have a comment & question. I think the your chart attack is a nice addition. Thank You.
My question is with the February Chart attack. Looking at the chart for "House price to income", I noticed that Canada, as you mentioned alongside New Zealand, is the most expensive place to live per dollar of income earned. What surprises me is that I was expecting this to be the result of the crazy real estate price increases during the last year but looking at the chart, the amount of income earned to buy a house has been pretty stable in Canada for the last 4-5 years. The year 2020 (which some of us call a bubble) has not changed this important metric. Our new inflated house prices are equally expensive today as they were 4-5 years ago. If yes, there has been no real increase in real estate prices as a % of household income which is definitely not what I expected. Am I reading this correctly? Any comments? As a secondary question on same topic, I thought the US real estate market also shot up but does not appear to be reflective here (or not as much of an issue)?? Is there really a bubble going on?
Thanks.

Q: Think I had asked this before but can't find the answer. To cover a Margin Call do I sell Winners or Losers?
Thanks. Austin