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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: US Div Stocks vs CAD Div Stocks? I know the Dividend Tax Credit only applies to Canadian Stocks, but these days some good US STocks are paying 9 to 11 %. What is the Dividend Tax Credit worth in terms of %? I guess it is still better to buy Canadian Div Stocks:
The federal dividend tax credit as a percentage of taxable dividends is 15.0198% for eligible dividends and 9.0301% for non-eligible dividends.
Read Answer Asked by Austin on August 02, 2022
Q: I am moving toward retirement and looking for stocks with a Dividend of 4% plus. Could you suggest some Canadian and US companies that you feel are good value in todays market or ones to watch for this fall if things go down- separate lists please. All categories except financials as I'm overweight there. I'm interested in companies that can ride a recession with higher interest rates. Thank you!
Read Answer Asked by Pat on August 02, 2022
Q: What specific ETFs suggestions would make a diversified portfolio
Read Answer Asked by Nick on August 02, 2022
Q: Looking to add to my income portfolio and trying to decide between QYLD, RYLD, XYLD, HHL-U and Keg-un. Can you recommend which you would select for a patient 68 year old and your reasoning behind your choice please. Thanks again.
Read Answer Asked by Danny-boy on August 02, 2022
Q: Re Gary's question on the 28th re place to park some money. I have a TD Investment Savings Account TDB8150 that has no fees, units are $10. each and the current rate is 2.25 % interest calculated and paid monthly. I opted to reinvvest the monthly interest for more units. Easy access to funds and I also use it for excess cash in my registered accounts. Interest is increased on a reg basis as rates change. I highly recommend it. Hereis a link to the page
https://www.td.com/ca/en/asset-management/additional-solutions/
Read Answer Asked by Madeline on August 02, 2022
Q: Algoma recently undertook a Substantial Issuer Bid where they will be retiring 28% of their shares outstanding. What your thoughts on how this impacts the outlook for the shares and warrants going forward ? I don't recall seeing a company reduce their share count by so much at once before.

Thanks
Read Answer Asked by Scott on August 02, 2022
Q: Not a question but a comment re rrif mandatory withdrawals. Rather than sell a stock, You can do a withdrawal in kind and transfer the stock to your cash account. That way you can defer decision re which stock “to sell” if you don’t really want to sell.
Read Answer Asked by deirdre on August 02, 2022
Q: I've held PBH for about 5 years and i'm in the green a little, and collected a small dividend over the years. But the gains have been a bit underwhelming. As the market has dropped and there are many high quality growthier options trading at lower valuations I wonder if its time to cut PBH. With PBH for 5 years there has always seemed to be an excuse/reason from them as to why they are under performing. Well before covid they were struggling with swing flu, staffing issues, FX issues, and others, then covid hit and obviously again they are struggling with lockdowns, inflation, staffing, etc etc etc. Is there a good reason to hold a company that only seems to perform well in ideal market situations, which in reality is almost never? Thx
Read Answer Asked by Adam on August 02, 2022