Partially, if you buy it in your tfsa, then the dividends are subject to withholding tax. You'll have to file some paper work to get some of that withheld dividend back on your tax return.
marijuana stocks
- Thread starter D_Accord
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Partially, if you buy it in your tfsa, then the dividends are subject to withholding tax. You'll have to file some paper work to get some of that withheld dividend back on your tax return.
MattRC51
New member
Yeah maybe you're right. Reason is actually because its been going down for so long, its at the same it was 2 years ago.
I got like 5K floating around and don't know what to do with it, it currently reside in a TFSA CAD account and I don't feel that buying USD would be a good timing right now...
Dibbs
Active member
Check DIV au Canada, div yield de ~9% + pas mal d'upside dependent du pace des deals qu'ils font. L'histoire est similaire au debut d'Alaris Royalty Corp... en plus t'as pas de problemes de taxes sur le dividende vu que c'est Canadien.
250Rocket
Well-known member
ROFL
Not to be fear mongering but we are sitting on the San Andreas fault of geopolitics. Sure the structure is stable but as soon as the ground shakes it will fall apart.
You got mass immigration in Europe which if it doesn't cause social unrest it will definitely cause financial distress with most of the rapefugees being economic migrants. This while there's an underlying desire to break the union up following Brexits lead.
In the US you got a wild card President coming in and the Fed which plans to raise interest rates. People already can't afford their loans at stupid low rates, what makes you think that when the central rate climbs up to 2-4% they'll be able to stay out of default.
Famous investment words: Be fearful when others are greedy and greedy when others are fearful. If your gut is to buy gold, buy gold. As far as I see it's on special now.
As to not get too far off topic, I'd buy MJ stocks with the money you'd spend gambling on loto tickets and at the casino. You may lose your money but you definately have better odds.
Dibbs
Active member
si je comprends bien, FTN est essentiellement un fonds qui detient des shares dans des institutions financieres Canadiennes et US qui elles-memes yields mettons 5%. Alors pas sur de comprendre ce qui supporte un yield de 18%...
Dibbs
Active member
sure... but haven't we been sitting on this same "fault" for the past 18 months? gold's been on a serious downtrend since the beginning of H2-16.
The thing is that other factors trump geopolitical risk, in this case, rising rates and strong US dollar.
Dibbs
Active member
Voici un calcul bien facile que j'ai fais... la table du haut c'est essentiellement leur actifs et le dividende qu'ils collectent, la table du bas c'est le dividende qu'ils paient sur leur actions... je comprends pas comment c'est sustainable.
| # of Shares | Ticker | Annual Dividend | Local Currency | C$ Currency |
| 164,400 | TSX:BMO | 3.40 | 558,960 | 558,960 |
| 266,800 | TSX:BNS | 2.88 | 768,384 | 768,384 |
| 240,100 | TSX:CM | 4.75 | 1,140,475 | 1,140,475 |
| 416,900 | TSX:CIX | 1.35 | 560,731 | 560,731 |
| 477,900 | TSX:GWO | 1.36 | 651,856 | 651,856 |
| 987,600 | TSX:MFC | 0.73 | 716,010 | 716,010 |
| 280,500 | TSX:NA | 2.18 | 611,490 | 611,490 |
| 289,300 | TSX:RY | 3.24 | 937,332 | 937,332 |
| 433,300 | TSX:SLF | 1.59 | 688,947 | 688,947 |
| 401,000 | TSX:TD | 2.16 | 866,160 | 866,160 |
| 1,100,091 | NYSE:BAC | 0.23 | 247,520 | 334,153 |
| 283,490 | NYSE:C | 0.31 | 87,882 | 118,641 |
| 75,090 | NYSE:GS | 2.60 | 195,234 | 263,566 |
| 282,500 | NYSE:JPM | 1.84 | 519,800 | 701,730 |
| 25,900 | NYSE:WFC | 1.51 | 39,109 | 52,797 |
| 745,800 | TSX:AGF.B | 0.32 | 238,656 | 238,656 |
| Total Cash In | 9,209,886 | |||
| Class A | 19,021,432 | 1.5084 | 28,691,928 | 28,691,928 |
| Prefs | 19,021,432 | 0.525 | 9,986,252 | 9,986,252 |
| Total Cash Out | 38,678,180 |
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-manu-
Legacy Member
Mais avec le volume minuscule ca fait pas de sens comme tu dit. J'etais reticent au debut aussi, c'est pour ca j'ai juste mit 1k$. J'ai rien rajouter et tant que ca baisse pas et ca monte. Je garde.
250Rocket
Well-known member
Look at every recent bubble. It's just a bunch of economists/market experts cercle jerking to their "bulletproof data" saying everything is alright and that things are projected upwards. People then put their money into the market and it inevitably goes higher until some shit hits the fan.
The scary part is that the market is IMO much more susceptible to irrational decisions made by thousands if not millions of investors who don't truly know what they're doing. If tomorrow I convinced enough people to pull all their money out, companies on the exchange could have had a record year but we might see still see a crash based on a chain reaction of the pull out.
You need to fill a IRS form called W8-bEN
Corporate class shares, they are returning capital to you. So Nav always goes down, use as an annuity replacement
1-Investors and more of pensions plan are using ETF and Index funds. Buying the market what ever happen.
2- TINA there is no alternatives to buy
3-rates are still very low
4-geopolitical risk are well knowed, as we stand right now everything is pretty much priced in. The only place not affected is USA, unless we go full nuke...then nobody give a shit, if you survive I hope you own guns not gold and water and shit load of ammos because if you own gold I will shoot you and keep it for myself...welcome to 2017
Dibbs
Active member
But don't you end up paying a significant premium to NAV then? Share price flattish over the past few months and NAVPS going down? My read of the CF statement is that they've raised cash through share issuances to plug the cash. They could also sell some of their holdings to fund the difference.
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Kind of an hybrid, one share class distribute capital gain, one dirstribute div, so it involve derivatives where you can lock both. I haven't look at this shit in a while, will crank the # tomorrow and get back.
Dibbs
Active member
Just looked it up, it's called a split share corp. https://en.m.wikipedia.org/wiki/Split_share_corporation
They indeed write options for extra income and use other derivative strategies.
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