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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: Hello Peter

Best wishes for the Season

I owne the above in my non taxable accounts with a considerable loss. I am a senior who tended to invest in growth stocks with some sucess exept in the last 12 months.
I consider that above list has some potential for recovery.
I would like to concentrate on the bests with the greatest potential recovery in 2023.
I will appreciate your advice on the stocks I could sell or add on or replace.
I always value your opinion
Raouf
Read Answer Asked by Raoul on December 21, 2022
Q: I hold the above stocks in my Unregistered,TFSA,and RRIF accounts. I understand that as of January 1, 2023, the IRS will require a 10% withholding tax when Canadian residents sell US stocks. Does this rule apply to sell any of the above mentioned my stocks ?

2) If I sell above Stocks before end of 2022, will I avoid paying new IRS 2023 10% withholding tax?
Read Answer Asked by Andrzej on December 13, 2022
Q: Hi team,

LSPD is my largest position in my TFSA and it is down 75% from my purchase price. The TFSA itself is down 50%.
You are obviously not positive about the future of LSPD. And, at 82 years old, I am not in for the long term.
My choice is to sell to save whatever is left of it or to keep it with the hope of selling it later with a smaller loss than now. What do you think ?
What would you do if you were in my shoes ?
Thank you for your attention.

Jacques IDS
Read Answer Asked by Jacques on December 12, 2022
Q: Hi Team,
You now recommend selling Lspd . I am down 40% on the name. What stock should I then replace it with with the highest probability of getting my investment back? Would a switch into Shop be wise? Currently they seem to trade fairly equivalent. Thanks
Read Answer Asked by Shane on November 22, 2022
Q: Hi Peter and Staff

For new money with desire for 3 small positions amongst the above companies please pick your 3 picks for long term holds based on current entry price and future prospects.
Thanks for all you do
Dennis
Read Answer Asked by Dennis on November 22, 2022
Q: Just to clarify, 5i is selling all of ANRG and PRMW and LSPD from the portfolios.

ANRG and LSPD are at all time lows. So you're selling at the lows.

Prmw is bullish and moving higher and is near its high and you're selling that as well.

What happened to run with the winners and sell the losers (not at their low)?

Sheldon
Read Answer Asked by Sheldon on November 22, 2022
Q: I have significant losses in these companies. I don't need tax losses.

Should I average down on these companies or is there any of these companies that I should sell and move on?
Read Answer Asked by Timothy on November 10, 2022
Q: Hi Team,
Looking at the stock reaction to today's earnings, Is it time to throw in the towel on LSPD? At one time the story looked so compelling. Is that story gone now? NVEI just released today with positive reaction to earnings. What are your thoughts on NVEI earnings? Is there more future potential for NVEI compared to LSPD? If so should I be selling LSPD for a loss and buying NVEI for an eventual recovery? OR another such as SHOP? Or any other ideas you would prefer? Thanks

Shane
Read Answer Asked by Shane on November 07, 2022
Q: Above are 4 of my poorest performers. Which ones would you be selling? Also, Nov. 4 there were a lot of stocks that were down big numbers even though some of them had a good quarter recently (i.e SHOP, LNTH, NVEE and a few others). Can you give me some insight into what is happening here. Always appreciated.
Read Answer Asked by Dennis on November 07, 2022
Q: Hello , following is my list of losers .. and I am assessing which ones to sell this month for YE capital loss. I appreciate your comments.

As an aside; in watching the huge drop in some of these stocks, one certainly wonders about the wisdom of their CEO's ... as an example META, they are spending billions on Metaverse so that people can work and play and interact in virtual reality .. maybe in the year 2050 !!. and many others that just didn't adopt their businesses to people post Covid returning to work and shop at malls... truly incompetent .. For me, this crash has convinced me to buy shares in companies that are making money and have a strong management team.

Thank you
Carlo R.
Read Answer Asked by Carlo on November 07, 2022
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