Investment Q&A

Q: Where is the trade rationale for 5i portfolio moves archived on the website? Also your Growth Portfolio still has August stats and the others have had Sept. for some time...

Q: I plan to invest $100000 in the US market.
Please advise if there is a way to minimize foreign exchange fees.
Are some brokerages better than others in this regard?
Is using Norbert’s gambit a good idea on large transactions when there is no rush on having the trade completed?
Thanks for your always helpful advice.
Peter

Q: Hello 5i Team,

For the last few years I've tried to get a few family members interested in investing without luck. I think a ROBO Advisors might be the way to go; could you recommend 1 or 2 ROBO's they should look at?

Thank you
Brent

Q: What is the main difference between investing in Index Funds vs ETF’s? I read about these U.S. bloggers who post about their increasing net worth by investing monthly in index funds, is that similar to investing in say WealthSimple in Canada?

Q: I have seen some commercials about buying fractional shares and am curious how it works from the brokerage's perspective. Can the brokerage simply buy the fractional share on the open market? If so, why don't all brokerages offer fractional share purchases to their clients. If the brokerage has to buy a full share, what does it do with the other part of the fractional share?.

Q: I was wondering what your thoughts were on investing in ETF’s like Wealthsimple vs Index Funds. What’s the main difference and does one have more upside?

Q: Useless questions: when was 5iResearch created , by whom and any reason for this specific name?

Keep the good work. Tax loss season is always fun.

Q: Further to the questions about CIPF coverage, I think I may have been misunderstanding the coverage levels, perhaps viewing it as similar to CDIC coverage in terms of accounts (not dollars). Could you please clarify for me the coverage in the situations below, assuming all accounts are held at the same brokerage:

1) I hold $1 million in a cash account and 300K in a TFSA, both in my name alone. Total is $1.3 million. Is the total covered or just $1 million?

2) I hold the amounts above, plus a $1 million cash account held jointly with my wife. If I read the CIPF website correctly, they view this account as held $500,000 by me and $500,000 by my wife. Is she covered for her $500,000, but I have no coverage on this account (my total over 3 accounts is now $1.8 million)?

3) in addition to the accounts above, my wife and I each have a RRIF. Are we each covered for up to $1 million in each of our RRIFs?

Thank-you

Q: I have been reviewing my holdings and want to transfer some canadian stocks to the us listing. In most cases there is the same stock on the nyse. In others it is on pinx. Should I be wary of pinx?

Q: Everyone, I have seen questions on rebalancing. When should investors rebalance our portfolio? Yearly? Semi annually? Quarterly? FYI I don’t rebalance and I only make changes if a stock has significantly changed firm my original reasons to purchase. Clayton

Q: Follow up question

5i answer. But note, there is a $1M limit on each account, so technically there is exposure.

When you say on each account is that means $1M on each register account( TFSA, RRSP) and another $1M on non-registered account.

Joint account does it double to $2M or it is still $1M.

Thanks for your great advice.

Q: Follow up question

Please advise if one has over $1M including Registered and CASH account at one brokerage. Do you suggest to move some to another brokerage or will that will be cover by CIPF.

Q: I think I understand how CIPF insurance works. But wanted to clarify… if one has over a million dollars in stocks, bonds, ETF’s, mutuals, and cash in a non-registered account at a brokerage, is it best to move some to another brokerage? As CIPF covers only one million per non-registered account per brokerage?

Asked by Kim on October 03, 2024
5I RESEARCH ANSWER:
If an investor has more than $1M in assets and wants to maximize possible protection, then yes.

Q: I always hear that we should not hold more than 5% or max 12% on any given stocks. So why would PAY hold one company that is the majority of their income. If that is the case would 5i management would be comfortable buying any of their stocks.
My question does any of the Growth, Balanced or Income portfolio stocks holds where above 50% of their income comes from one source. If yes please share the company name since I usually buy from that portfolio. I don’t want to see another company collapse if they lose that contract or they don’t renew.

Thanks for the great service

Q: What are the chances that an individual stock picker outperforms a mix of VOO, VUG, and QQQ over the long term (20 years)? What factors could influence one's ability to do this?

Q: I think I understand how CIPF insurance works. But wanted to clarify… if one has over a million dollars in stocks, bonds, ETF’s, mutuals, and cash in a non-registered account at a brokerage, is it best to move some to another brokerage? As CIPF covers only one million per non-registered account per brokerage? Thanks.

Q: As fractional share trading becomes more popular, what is the point of stock splits?

Q: Just discovered something called CDRs traded on the TSX/NEO. Fractional shares in large US companies. NEO shows a list of about 40 of the most watched companies, priced between $10 and $30, all Can$ hedged.
For someone with a smaller pot, are these worthwhile, and why are they rarely talked about? Cheers!

Q: Why have you not done a company report, considering it is a decent weighting of your Growth portfolio. I searched and I could not find one. What triggers you to publish one for any company? Thanks

Q: Where do I have to go to find the forum?

You give so much I hardly ask any questions! Thank you Lorraine

Q: How do I access the Forum section please? I've looked and my eyes must be painted on.

Thank you