Investment Q&A

Q: Hi 5i
I am a 78 year old senior.

I have a significant portion of my investment wealth in my Non Registered account.
In my TFSA I have picked up several high yielding ETF's from Purpose Investments and other companies.
Each month I transfer out the TFSA Etf monthly distributions to support my income needs.
The following year I transfer into my TFSA the current year contribution plus my prior year income distributions that were withdrawn.
I fund this annual contribution with funds from my Non Registered account managing the capital gains/losses in this process.
I have had significant capital gains in these TFSA Etfs in addition to the significantly higher yields being paid.
I am very careful to ensure that I stay within the requirements around timing of taking out funds from a TFSA and recontributing.
Having followed this plan for a few years now, I am almost meeting my annual income needs with non taxable income from my TFSA and maintaining my original capital invested plus capital gains within my TFSA.
My goal was and continues to be reducing my income for tax purposes and managing to not having my OAS clawed back.

What do you think of this strategy and is there anything you see that I could be overlooking.
Thank you for your feedback.

Q: Last week on BNN I thought Peter mentioned that PRL probably would revert to the lower $30's per share before resuming it's increase in share value. Is this a general thought among the 5iR staff?

Q: I have been doing some research on the UCaas space. Ring (RNG) seems to have the best product but ZOOM has a better balance sheet. Or can Microsoft's teams eat both of their lunches (after all teams is free!) What is your opinion? I am leaning towards RNG. Should I be concerned with liquidity in 2026 when they have over $600 to be refinanced (or paid off)?

Q: Thoughts on this company now breaking out?

Q: Do you have any concerns with someone holding these ETF’s for a 3 to 5 year time period?

Q: My wife and I are mainly dividend investors. We tend to hold our stocks for many years. Due to the significant increase in the value of our stocks this year, we are considering reducing the percentage of some stocks in our portfolio by about 10%.

Could you please give your opinion as to which of the following stocks you would reduce. Would you reduce one or two selected stocks, or perhaps reduce across the board? All of the reductions would be in registered accounts. You can assume the stocks are all about the same percentage of our portfolio.

The stocks are:
BAM
BEP.UN
BIP.UN
BCE
EMA
FTS
NA
RY
SLF
TD

Q: Hello team,

Which one of these 3 would you average down if any:

PINS (down 48%)
BFLY (down 81%)
U (down 82%)

I would appreciate it if you could elaborate on your reasons.

Have a good week! :)

Q: If Trump pulls the plug on providing weapons to Ukraine, how will this impact the stock?

Q: With the NUVEI deal going through I have cash sitting in my TFSA. Could you recommend three stocks that you would recommend right now.

Q: In which order would you buy these for growth with a long timeframe

Q: to lower capitol gains can i buy an equal amount of shares today and then sell it all in a month.or do i have to hold longer.thank you b white

Q: For a CAD denominated S&P500 and NASDAQ100 ETF within a TFSA, would you prefer the HXS and HXQ funds - given no distributions and therefore no 15% withholding tax drag - vs other CAD denominated S&P500 and NASDAQ100 ETF options? Thanks.

Q: Good morning. Saw a question regarding RTX on Friday and was wondering if you would recommend solely holding this or would you prefer an ETF holding this and LMT, NOC, GD?
Thanks
Steve

Q: Lots of cash looking for Canadian bargains. Who might be next?

Q: Hello
A BNN guest recently commented on the actual potential hedging loss of the various CDR s & many US Hedged ETFs. He mentioned the global revenue s of these US companies have many conversions back to USD from the respective country's currency IE A CDN investor is in fact potentially losing more on these currency conversions also ?

5i s thoughts ?

Q: I see that PEY has taken a bit of a bump lately. Is this a Trump bump, or do they actually have some positive things happening in the company?
Thanks,

Paul

Q: What do you think about ALAB for 1 year then for longer term?
Thank you
Peter

Q: For tax purposes (t1135) is btcc considered foreign content?

Q: SMCI is starting to rebound. Thoughts on entering a position for a aggressive investor?

Q: Hello Team
I am sure you have answered a similar question so apologies. With the push for AI accessing lots of energy, what are best stocks or etfs to invest for the energy transition? Thanks very much