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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,
In general most of the Cdn banks have turned up lately, some more so than others, but it is the TD that I am most curious about. On Jan 3rd and 4th, there appeared to be very large buying volume, yet by the 5th it started to trend downwards, out of sync to the others. Was there a news item on TD that I've missed? As the Big Six tend to move in the same direction, this caught my attention. So I'm wondering if there is a reason and is it something to be concerned about?
Many thanks!
Dawn
Read Answer Asked by Dawn on January 12, 2023
Q: I hold some Canaccord Genuity Group preferred shares. Canaccord announced a few days ago that they are looking at taking the company private. But the offer is only for the common shares and not for the preferred shares. It sounds like the company will delist their common shares from the TSX, but its preferred shares will continue to be listed. Should I be worried about this? Thanks.
Read Answer Asked by Kim on January 11, 2023
Q: Reviewed your reply of Dec. 8/22 to Christopher. I purchased Telus for my riff some while ago @42.00. My Thoughts are to tsf to my tsfa for my 2023 contribution $6500.00. This would bring it back to cost base and wait.
Can I have your thoughts and or suggestions? Naturally if it is sold it is a total right off.
Thanks
Rick
Read Answer Asked by Rick on January 11, 2023
Q: Peter; When the tech sector “ rolled” over it was hard to decide,at the time, whether one should buy the dips, sell, or sit. I’m concerned the oil sector might do the same thing with yield only holding up the sector. How do you decide if a sector is rolling over or not ? Thanks
Rod
Read Answer Asked by Rodney on January 11, 2023
Q: When managing multiple TFSA accounts, the rules are not always clear. Could you please let me know if my interpretations are sound.

I have two self-directed TFSA accounts with an on-line broker. My understanding is that the total amount I can contribute to both accounts in a year cannot exceed my available TFSA contribution room for that year.

Am I correct in assuming that the following scenarios are allowable and have no tax consequences:

- Contribution room created by withdrawals from one TFSA account in the previous year could be used to make contributions in either or both TFSA accounts.

- Holdings can be transferred from one TFSA account to the other account at any time without the need for contribution room, as long as it is moved directly from account to account by the broker.

Thanks.
Read Answer Asked by Alvin on January 11, 2023
Q: What are your top 4-5 stock picks for 2023 growth and/or inflation protection ?

Read Answer Asked by John on January 11, 2023
Q: Dear 5i team.

I'm considering adding to my IHAK position but wanted to clear up something with you first.
In the archives, you mentioned that a combination of CRWD/NET/PANW would be an alternative to owning the ETFs IHAK or HACK. Are you still of this view? Do you still prefer IHAK to HACK?
Are the valuations of these holdings back to a level that reflects current realities?

Many thanks for your help.
Read Answer Asked by Arthur on January 11, 2023