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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: My only 2 TFSA holdings, held in equal amounts are WELL ( down) and EIF ( up ). I like EIF and hold it in greater amounts in my non registered account where I intend to keep it but expect it will be dead money for at least 6 months while Northern Mat recovers.
Am looking at selling EIF and along with my $7,000 contribution buying CALF , GLXY, and LMN in equal amounts, leaving WELL the largest holding at approximately 40% weighting ; the others at 20 % each. My TFSA is approximately 4 % of my total non registered and RRIF accounts and is not considered material so I wish to rebalance it towards stocks with more growth ( and risk ) potential.

I tend to go crazy with market timing : any advice on how to proceed on the sale and purchase of these? Any potential “ flashing red lights “ with this move ? Thanks. Derek
Read Answer Asked by Derek on January 29, 2024
Q: With the launch of bitcoin ETFs what "crystal ball prognostications" can you have for such companies as Galaxy, Riot?

Bail? Hold? Buy?

The last week has given them a proper lathering, and I'm wondering if there is more (pain) to come or if it's a good time to add to the position?
Read Answer Asked by Sylvia on January 24, 2024
Q: I am thinking of dumping Lightspeed in favour of Galaxy, for a bit more punch in the 2024 portfolio. Your thoughts, please. I've held on for so long with LSPD, but my patience is ebbing, and wondering if I'm just hanging on for "sentimental" reasons, and not for good financial sense. Thanks, as always!
Read Answer Asked by Sylvia on January 16, 2024
Q: I hold approximate 5% of my portfolio in Crypto stocks (ETF's and Mining companies). With the SEC's approval of ETF's should I consider selling a few of the above and purchasing one of these new ETF's and if so, which one would you recommend. Thanks
Read Answer Asked by Marjorie on January 16, 2024
Q: Would you kindly pick 4 stocks (at least 1 of which is a Canadian stock) that you believe could increase in value by 1000% over the next 10 years. Each must have a current market cap of at least $750M. Please provide a short reason for selecting each stock. Thank you.
Read Answer Asked by Richard on January 08, 2024
Q: Looking to add 2-3 names of the above small caps to my TFSA this month.With the exception, of LMN and GLXY all are down substantially. Question. Which have the biggest up side in 2024, for a long term hold. Please rate them 1-8 with short comments for growth and safety,
Read Answer Asked by Henry on January 04, 2024
Q: I have partial psitions in these Financial stocks. Would you add to the Financial sector at this stage? I have full positions in large Canadian banks. Which from my list or any others that you like would you be comfortable adding to full positions. Please rank those that you would be comfortable adding to full positiond today and target buy prices for any others that you still like.
Happy New Year and thanks.
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Read Answer Asked by sam on January 01, 2024
Q: I was fortunate to buy into this stock and thanks for your recommendation by way of including it in your model portfolio. My position has now grown to 7%. I have a high risk tolerance , do not need the proceeds for personal cash flow. Given the momentum I am targeting a 10% position at which time I will trim back to likely 7%. Is my thinking ok or am I being overly agressive. Thanks John
Read Answer Asked by John on December 22, 2023
Q: Everyone, I am interested in a small cap growth stock with big upside - high risk - what would you suggest? With the understanding that I could lose everything. I have a small position in cash and I don’t like having cash. Clayton
Read Answer Asked by Clayton on December 01, 2023
Q: Out of these 4, what two would you sell today and why (I know they are very different)? If you could include a comment on valuation please do.

Also, how does that answer change if we were to enter a recession?
Read Answer Asked by Max on November 23, 2023
Q: Which one of these 4 stocks would you add to a risk-on TFSA ? Any other stocks ? Thanks. Derek.
Read Answer Asked by Derek on November 17, 2023
Q: For the listed companies, what would be your ranking in-terms of attractiveness if adding to a portfolio today?
Read Answer Asked by Andrew on November 13, 2023