Investment Q&A

Q: Dear 5i team. I have a question about transferring funds from my Margin account into my TFSA. Every year we are allowed to add $5500 to the TFSA. I did this in January of this year, but instead of depositing cash I transferred stocks. I transferred $2131 dollars of STN at a 28% profit as well as $2664 of WEF at a 40% profit for a total of $4795 transferred into my TFSA (the rest in cash). In the transfer process from my Margin to TFSA do I pay tax on the profits for these stocks? When I got my questrade trading summary last year it stated CONTRIB for the type/ price when I did this transfer. To me it seems that the stocks were "sold" at the market price that day and then they were transferred into the TFSA. Is my thinking correct? Or can you explain to me better the tax responsibilities when doing this type of transfer to maximize returns? Thanks so much.

Q: What are your thoughts on mmt right now. Seems like there is something going on right now the stock only goes from around 1.47 to 1.50 give or take a few cents here, it's been like this for a while now. One would think with the run up in o/g stocks it would at least move around more than this. What do they say "a rising tide raises all boats".

Q: Peter & Co, I currently hold Macro Enterprises (MCR) and I am considering replacing it with Enterprise Group (E). Do you see this as a positive exchange?
With appreciation. Ed

Q: re: BLX Boralex

Morning Team

you last discussed BLX May 7 after they reported. all financial metrics appeared to be up and the outlook was good.

since then, very little has happened. took a bit of an upturn earlier this month then sunk back down to it's May 7 position.

any news or concerns worth noting since the may 7 post?

Thanks for all you do

Gord

Q: I am toiling with the idea of selling WCP while it is trading at such a high. Once we see stabilization in the middle east WCP will most likely come back down. Correct?

Is it best to sell now, and buy back when it goes back down to the ~$15.00 mark?

Q: Hello,

I am looking at buying either MAcro (MCR), enterprise (E ) or petrowest corp ( PRW ).
Which one would you consider the best value today?
Thank you

Q: Aya- Stock down 6-7% today. Would you be a buyer now or wait until it finds a floor?

Q: AYA
Today Amaya is trading down from its Friday's close. I believe the purchase agreement with Poker Stars and Full Tilt Poker includes shares of AYA priced at $20.00. Do you see the price of AYA rising to that level in the near term? Thanks for your answer!

Q: Is amaya the gift that keeps giving, i assume it is retail investors doing all this selling since the deal does not close until sept. 30,so i sold half my position at 20.05 on friday and bought back the same half at 15.70 this morning. Whats your call. I think you would like that trade. Dave

Q: Are you aware of any reason why ET(Evertz Tech) is under some selling pressure today.Their latest quarter seemed quite solid to me.

Q: Do you classify REITS based on their underlying business or are all REITS classified in the same sector in the TSX?

Q: Good morning ...in looking at ZEM you said there are better options available...could you please tell me what those are as I want some emerging market exposure...thank you

Q: We have AX.UN and REI.UN in our portfolio. Would you think it wise to drop one of these in favour of AAE.UN? If so, which?

Q: Good Morning Peter, what are your current thoughts on Alexco (AXR.to) ? Thank you, Paul

Q: Hi Peter and Team,
What are your thoughts on Cimatron, CIMT?

Q: Hi Team
Great job what is your view on some etfs like zem zeo zuh
Thanks Mike B

Q: I was wondering if Seadrill in the U.S. would be a safe investment. I like the 10 percent yeild. thanks

Q: New Portfolio; I'm thinking of setting up a portfolio of BMO etf's and would like your opinion. I'm thinking of 20% weightings for each etf. 1. For banks/financials: ZEB (Equal Weight Banks) or ZWB (Covered Call Banks) 2. For oil/gas/energy; ZJN (Junior Gas) and ZJO (Junior Oil) or ZEO (Equal Weight Oil & Gas). 3. Utilities/communications: ZWU (Covered Call Utilities) 4. Industrials; ZIN (Equal Weight Industrials), 5. Add an international etf, such as ZGI (Global Infrastructure) or a more broad etf such as ZDM (International Equity) or something similar. What do you think of this combination? The main objective is growth for 2-5 years to give my portfolio a boost in terms of capital gain. It doesn't have be BMO etf's. (In another portfolio I would have USA etf's and equities.)

Q: My no-so-smart advisor (whom I'm leaving) got me to buy $115K worth of US stocks for my Can. open/non-registered account. (At the time, I didn't know any better.)The $115K is 30% of my open account. In addition, he sold me about $30K of US stocks for my RSP; the balance being Can. stocks. This is the opposite of what should be. Can. stocks belong in the open account, to be able to take advantage of the dividend tax credit. Some of the US stocks are "keepers"; good companies I'd like to continue to own, such as AT&T, Pepsico, GE, etc. The question is what to do now? Just sell and buy Can. stocks for the open account, and US stocks for the RSP?

Q: I have owned BELLUS Health, Inc. (BLU.TO) for several years and has not done to well until this year. It is up 180% since the January and want your opinion if there is future potential for BLU or would this be a good time to get out?