Investment Q&A

Q: 5i guys!
Taxation clarity.
TFSA; Mostly hold Canadian dividend paying stocks and ETF's on the TSX.
Hold a Canadian ETF with US stocks. Withholding tax applies I believe.

RRSP; US Exchange American dividend stocks and ETFs.
My fuzziness.
TSX listed companies that pay dividends in USD.
Ex. AQN. OTEX.
As a canadian company purchased on the tsx is this tax exempt under TFSA?
Or does it fall under the withholding rules as an American stock unlike RRSP's exemption.
*take another question credit*

If in fact exempt. Does Questrade convert for free. I am curious if I should allow the conversion since I purchase with canadian in my TFSA. Or save up the USD and perform Norberts Gambit once in awhile.

Really enjoying everything you have to offer.
Fantastic and many thanks for all the investing improvements.

Q: Hi 5i
Thanks for your sage advice during this pandemic period, I have found it very helpful.
My portfolio is pretty well balanced with a good mix of primarily Canadian stocks ( 5i) plus Cdn & US ETF's. I would like to add some exposure to the global markets, can you suggest a couple of ETF's that I should consider - either Cdn or US...

Q: My son approached me on some advice on investing. He is just starting off. My inclination is to suggest to him to stick to ETFs. Ideally a mix of CDN, US, Bond and International oriented ETFs . I have my preferences, but would like to know what you would suggest? I am guessing he is looking at a year window to start.

Q: On April 27/20 you gave some advice and suggested buying BIP.UN. I understood that BIP.UN turned into BIPC so I am confused. Does BIP.UN still exist and if it does which do you prefer?

Q: With the level of debt monetization, fiat currencies are becoming concerning. I was considering contributing new money into my TFSA, but transferring the funds to a US TFSA, and investing directly into US securities instead of CDN.
Even with getting hit with the currency exchange rate and paying applicable withholding taxes within this account, would you recommend this or see any advantage to this, or would you prefer investing in Canadian hedged funds (i.e XQQ vs QQQ) instead?
Many thanks,
Tom

Q: Hi guys,

Wondering your thoughts on truck based shippers like tfi and ups as compared to railways? With a 5+ year time horizon, what has a likely higher rate of return overall and success probability with the economy ahead?
Thoughts on whether to invest now at all versus waiting 1 to 3 months for more earning to sink in?
Thanks
Peter

Q: I've held since its inception due to a) the track record of the former Sprott fund manager, and b) beause it was a fund that would have tools to perform well during a stock market setback. I am looking to sell as the fund did not fulfill purpose b. Am I missing something? And can I sell JFS.UN as I would my other stocks (without a penalty) in my Direct Investing account?

Q: Do you have an opinion on this medical on line service? Are there others in this field that you would prefer?

Q: what would be your top 3 oil,energy company be in the US and Canada?
Anyone of them worth while to invest in?

Q: what are the best companies to buy that will benefit from research and development of robotics? also is there an it there an ETF in this area that you like? thanks Richard

Q: Looking to add more exposure to companies in technology that will help drive growth of the economy not only in the near term but long term. Things like Software, AI, 5G, IOT, Self Driving Cars, etc. With HXQ ETF the pick is more the Nasdaq 100 which will contain a number of these companies. With ARKW and IGV looking at some speciality to help in the overall growth of my technology allocation. What are the thoughts on the 3 selected or do you have others you would recommend. Looking at ETF to get some broad exposure and reduce risk of picking individual stocks. Thanks as always.

Q: Chr reported that it is proposing a shareholders rights plan...a poison pill.
What would that suggest ?
A way to entrench management or protect shareholders

Q: I currently have full positions in BEP.UN, AQN and NPI in a non-reg account. I'm thinking of selling one to buy either BCE or BIPC.

This is a portfolio move. I don't currently own BCE or T so this might be a good time to add. I actually prefer BIPC for the more global exposure. I'm retired and looking for reliable dividends with a side of growth. I think owning all three utilities may be too much (I also own ALA in my RRSP) but selling any of the three would result in a taxable event.
forgot to mention that selling any of AQN, NPI or BEP.UN would result in a taxable gain. I also intended to ask which of the three would you sell?

Do think this would be a worthwhile move? If so, which would to buy, BCE or BIPC?

Thanks as always.
Peter

Q: Is Descartes debt free? And Kinaxis? How much cash do they have.

Q: PBH appears to have been doing ok despite the COVID-19 lockdown, which means, their products are likely not being purchased and consumed. When does the sales slowdown negatively hit them, and what do you think happens to the stock price in the short term, and do you think they have the financials to weather the storm and go back to higher ground after the lockdowns end?

Q: hi Guy
Is management going to be selling a lot of shares in may
Bob

Q: France is starting to see food inflation. In some cases, it's quite impressive numbers percentage wise. If we do get more wide-spread inflation, due to the massive stimulus, would that be a positive for preferred share resets, which I've read go up with higher interest rates? The ETF ZPR currently pays 7% annually, which is usually a sign of future cuts, but on the other hand, it's been going up for 3 weeks. This question is for an account that is 60% in bonds and needs more income.

Q: May I have your opinion on GAMCO Natural Resources, Gold & Income, for income? It's a covered call fund yielding 12% dividend. The holdings include 45% metals and mining, 20% energy, and the rest in health, industrials, agriculture. It seems to be 55% held by insiders. How secure is it for income, in your opinion? Thank you.

Q: ..what do you think of ERF today? if betting on a oil recovery, would you prefer a basket of smaller producers or just stick with CNQ and SU? thanks.

Q: Ed Sonenberg Riocan chief who I think I is reasonably straight shooter said the market is discounting retail real estate too much. if this makes sense would Riocan with near 10 % yield make a reasonable buy ?