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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: Hi Everyone at 5i! My advisor is suggesting that I invest in a “Note” which invests in Canadian large cap stocks, pays 3.4% for two years, with 50% downside protection. These things leave me a bit leery. What’s the catch??? I keep trying to avoid them and she says I am missing a good deal and gets a bit annoyed. Could you please explain to me again why these are usually not a good deal? I am short on comeback lines when talking to her. Thanks, Tamara
Read Answer Asked by Tamara on September 01, 2020
Q: I am currently in process with increasing the US$ in my TFSA. I have two questions:

1) Which "stable" stocks would you recommend to do a Norbert's Gambit. I understand it takes a couple of processing days before being able to sell the stock on the US side.
2) I have a few dividend paying stocks that are both on the TSX and NYSE - (CP, MLF, BNS). While they are Canadian domiciled, I'm curious if moving them to the NYSE causes the 15% withholding tax to kick in. I would like to keep them in a US TFSA so that I can trim/sell and reinvest in US $ but only if it makes sense. My intention is to buy US growth stocks in my TFSA moving forward (no dividend), eventually converting it into a 100% growth portfolio to maximize the account.

Thanks!
Read Answer Asked by Loretta on September 01, 2020
Q: Recent article in the Van.Sun states that big tech could bail out long-suffering value investor citing 2 examples. 1)Google invested US$450m in ADT resulting in a more than 60% increase for ADT. 2)Amazon is rumored to be in talks with Simon Property leading to a 10% rise for the latter. On Aug 28 it was reported that MSFT & WMT are jointly bidding for the US assets of Tit Tok. And a source says that it will have positive impact on PINS. Please indentify potential candidates(value stocks,smaller tech like Pins etc) for big tech with short comments.Txs for u usual great services & views
Read Answer Asked by Peter on September 01, 2020
Q: After reading a previous question about Bam.a and which account to place it. You suggested TFSA or non-registered where it is a growth name. I’m wondering of the 3 accounts I have regular cash (non-registered), TFSA, RRSP. What types of stocks does your team suggest should go into which account generally?
I was under assumption that a non-registered taxable account would be a good place for High Div stocks, not growth stories. There by eligible dividends be tax free and low capital gains to be actually taxed. Or is growth stocks good for there too because of claiming any possible losses?
Thank you for your clarification
Read Answer Asked by Allen on September 01, 2020
Q: this stock has had a huge run lately (TER, TerrAscend). It is underfollowed. Your thoughts please. Thanks
Read Answer Asked by george on September 01, 2020
Q: I have a very overweight position in Bam.a .I would like to diversity into other Canadian or US names as I think think near term for Brookfield will be at least challenged given their real estate exposure and the sentiment around that.What are a few of my the highest conviction US names you would favour?
Read Answer Asked by Kim on September 01, 2020