Investment Q&A

Q: Hi, I am wondering if there is any information on TFSA $ amounts being held by

Canadians across the country? What is the average value of a TFSA across the country?

How many have achieved balances of excess 100k 200k 500k or 1 million?

What percentage do these large accounts represent for TFSA holders as a whole (Example 5% have achieved this level of balance)?

I tried finding this info on my own and did not find much that I would consider reliable. Please take as many question credits as you see fit. Thank you for the great service.

Q: Hello folks,

This is a follow up question to Ross' on March 6 2024.

You didn't answer the second part of Ross' question!

Are there any studies comparing "selling" calls or puts and buying and holding the stocks?

I know intuitively that it depends on stocks! Some are so good for writing calls. Some are good for puts and some for buying and holding! But that is not evidence based! Also a "cop out" answer!

Any studies that you know of?

Thanks Ross for asking that excellent question. Thanks Peter et all for your answer.

Q: A full position is considered to be 5%. So if a family has say 2 tfsa’s of $50k each and an RSP of $100k for total of $200k, would you look at a 5% full position in each account, which would amount to $2500 in each tfsa and $5000 in the RSP, or would you look at 5% based on the household registered total of $10,000 and be ok with a $10,000 hold in 1 RSP account even though in that account its 20% but still only 5% of the family portfolio if you will. Hope this makes some sense.

Q: I was unable to attend the recent webinar on the US market. I was hoping to be able to view it via your YouTube channel but I have not seen it posted there. Can you provide a link to where I might be able to watch the presentation/discussion? Kind regards,

Q: Hi there, what economic data points are being released next week, and the week after?

Which one of those data points listed do you believe will move the markets (+/-) over the next few weeks?

History dictates that markets are generally positive during the month of March, anything to be concerned about this March? Your thoughts on (forward looking) how you believe this month will unfold?

Thanks!

Q: I am curious as to your take on this brief article (https://findependencehub.com/when-low-rates-cause-people-to-do-dumb-things/#more-207962) and the author's argument that given the elevated earnings multiple of growth vs value stocks (especially in the US) and historical reversion to the mean of returns, that going forward investors would be better served by exposure to value vs growth stocks (again, especially for US equities) and seemingly Canadian vs US given the "far more attractively valued" Canadian shares. Thanks.

Q: Can you please give us your thoughts on CAMTEK and information about company. Do you consider as BUY OR AVOID. I am a long term investor.

Thanks for your great service

Q: My View! Bought my 1st. stock 50 years ago, and have owned stocks since, so i have had a lot of ups and downs over the years, but what i have learned is that people take too many gambles in the market and than have wipe outs or tax loss selling, when all they have to do is buy great companies that make lots of money. It is amazing how much your growth is if you do not have to write off these loses on IFFY companies. I love 5i for reading but sometimes i wonder where do they find these IFFY stocks, are they looking for another 1000% banger or a another tax loss seller. If you take Berk.B and only bought it 5, 10, or 20 years ago you would be very happy with just 1 stock, they do not buy IFFY and hope. The market will reward you over time, but Greed is hard to control.

Q: Hi Peter,

What does deterioration in fundamentals mean for a company from your perspective? And what are the indicators to watch out for?

Best,
Matt

Q: Where do you find out in advance the date when a company is going to report its earnings?
Where do you find out in advance the date when a company is going x-dividend?
Reading your questions all the time I found out the earnings date for NVDA is Feb. 21.
Thank you once again.

Q: Good morning, could this idea from morgan stanley be good for topicus?

https://www.morganstanley.com/ideas/thoughts-on-the-market-european-equities?subscribed=true&dis=em_2024131_wm_5ideasarticle&et_mid=555779&et_mkid=&sfmc_id=159521626

Q: Hi 5i Team - I am familiar with the following terms/metrics but not completely sure of what they mean in context. Could you explain the difference between earnings, net earnings and profitability.. Also how does cash flow differ from free cash flow. Does a company with free cash flow mean that it's profitable. Along these lines what is a good way of measuring profitability.
Thank you.

Q: Hello 5I Team
Please provide me with your top 5 stocks from your portfolios that will benefit from the AI technology in the future.( not 5 stocks from each)
Thanks for your great service.

Q: Dear 5i team.
I'm sure there is an answer to this in the archives, just not sure how to search. Maybe with AI, you folks can give us the option of searching like a google search? IE with a sentence vs needing to know ticker? (May put some of the folks out of work, so understand if this is not a high priority. :)

Can you tell me which US or Global ETF is focussed on building arms and munitions for military purpose? I'd like to take the aviation part out if possible, as I'd prefer to stay far away from Boeing for the time being.

Many thanks for your help.

Q: Aaron Rodgers (star Green Bay Packer) called out Nancy Pelosi for buying millions of NVDA in curious stock trades before a government announcement as Aaron's friend used his X account to become more informed on the Pelosi trades. I imagine there is quite a bit of this going on and I would ask if that benefits or hinders the ordinary trader like us who rely a lot on your knowledge.

Q: Hello 5i
I cannot find Ross's question from Jan 24 on sector allocation. In fact, I believe that sector allocation questions and answers are filtered out of 5i data banks. Questions from users on this topic may appear in the morning and then magically removed by afternoon. Is this a systematic removal on your part?
Please share Ross's question and your answer with me. I am interested in these questions and would rather see them than not.
Tia!

Q: My question relates to tax loss selling.
I sold two stocks prior to year end for a capital loss. However, the dividend payout after the sale date were automatically reinvested into the same two stocks. I called the discount broker a couple of days after this and had them sell the shares.
Do the reinvestment shares nullify the ability to claim the tax loss for the 2023 tax year?

Thanks for your assistance in advance.

Q: I was interested in buying CHAT however I never heard about the ETF company. How would you rank https://www.roundhillinvestments.com)

Is there any similar ETF like Chat?

Thanks for the great service your team has provided.

Q: This is NOT a question but a comment!

I of course benefit from the words of wisdom of Peter and his team. Peter with his extensive experience and having worked with some giants in this field like Eric Sprott has so much to share.
However I also benefit from fellow subscribers' questions/comments. Today (15-01-2024) Dave mentioned about Don Coxe in his question about LB.TO. It brought fond memories of Don Coxe whose columns on FP (previous iteration) I used enjoy. Arguably one of the most elegant financial writers whose USD:EURO ratio was very popular once. I presume he has retired. Please do share the link if Don Coxe is still writing columns anywhere!

Q: Hello Peter,
I will greatly appreciate your thoughts on my thinking process as I construct my portfolio for this year. I would like to know how closely your thinking aligns with mine and what would you do differently.
I am a retired senior, not risk averse yet mindful of the necessity to curb excessive enthusiasm. I like to think I keep the risk to reward tilted towards the latter.
My thinking goes like this. I expect the Canadian economy to go through a mild recession or at best ride the US economy to <= 1% growth. Hence, I want to allocate 30% Canada and 70% US (including marginal international through ETFs).
I feel that since interest rates have peaked, the stock market should return higher than historical average this year. I think the allocation should be 20% income, 25% balanced, 30%growth,10% investor suite and 10-15% trading opportunities. I think that automated AI/technical based trading software will have a larger presence, making the market a little more volatile and provide with trading opportunities.
I also think that more interest rate cuts in Canada than the US, the income portfolio should be all Canadian. High yielding stocks should provide capital appreciation as well in this environment.
I am not considering Shopify and CSU as part of a portfolio. I already own them and they are qa significant part of my assets. Any adjustment will have significant tax consequences. If required I will take decisions independent of the portfolio.
I look forward eagerly to your feedback.
Regards
Rajiv