Q: good Saturday on our Canuck Labour Day week-end....from time to time, I breeze through the investment stock summarizer of BNN Market Call tv shows, aka Stock Chase....and a new name appears - Billy Kawasaki....with his "Insights, Picks from 5iR"......what can you tell me about Billy???........curious Tom signing off
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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 5i,
Would you please comment on this article;
David Rosenberg: No matter how you slice it, markets are in a bubble of historic proportions; And the higher they are, the harder they fall.
https://financialpost.com/investing/investing-pro/david-rosenberg-no-matter-how-you-slice-it-markets-are-in-a-bubble-of-historic-proportions/wcm/ccfab059-78b1-480e-8b01-b3ae4cefe8d0/
thanks
Would you please comment on this article;
David Rosenberg: No matter how you slice it, markets are in a bubble of historic proportions; And the higher they are, the harder they fall.
https://financialpost.com/investing/investing-pro/david-rosenberg-no-matter-how-you-slice-it-markets-are-in-a-bubble-of-historic-proportions/wcm/ccfab059-78b1-480e-8b01-b3ae4cefe8d0/
thanks
Q: I was reading your column last night in the Financial Post and you mentioned the VIX. I trade with TD and when I enter the call letters VIX, I get a whole list of different ones with different valuations. Which one do I use for what you were talking about.
Thanks for your great advice. Have a nice long weekend.
Shirley
Thanks for your great advice. Have a nice long weekend.
Shirley
Q: Short interest , does the level of short interest provide any insight on how the market feels about a company. Is it a metric that 5i uses ?
Thanks
Thanks
Q: Greetings 5i,
Don Durrett was a guest on Mining Stock Daily podcast last Friday. good listen for sure. Don has some interesting opinions on the precious metals market today. Most bullish on mid tier low cost producers. Id give it a listen if interested in this sector.
Cheers!
Don Durrett was a guest on Mining Stock Daily podcast last Friday. good listen for sure. Don has some interesting opinions on the precious metals market today. Most bullish on mid tier low cost producers. Id give it a listen if interested in this sector.
Cheers!
Q: Hi, I am the sole owner of a rental property that amounts to 25% of my
total assets. My existing equity portfolio consists of another 25% of
my total assets. The other 50% consists of my principal residence and
cash. I am about to turn 65 (widowed), and am thinking of selling the rental property and using the balance to buy REITs for income. I'd
like to get your thoughts on:
1) The financial tradeoff between owning a physical rental property
and owning REIT shares. Over the past few months in Toronto, property
prices have gone up as much as 15% but REIT prices have decreased
drastically on the TSX. Does it make sense to keep physical real
estate when REITs are discounted (or maybe they're actually priced
appropriately for the future?) Being a landlord requires a fair bit of
work and I'd like to take it easy in retirement.
2) The optimal percentage of total assets in the stock market during
retirement. If I sell the rental property and invest those proceeds
for a total of 50% of total assets invested in the stock market, do
you think this makes sense, or is that too risky? I have very low/no
exposure to bonds.
Thanks in advance.
Esther
total assets. My existing equity portfolio consists of another 25% of
my total assets. The other 50% consists of my principal residence and
cash. I am about to turn 65 (widowed), and am thinking of selling the rental property and using the balance to buy REITs for income. I'd
like to get your thoughts on:
1) The financial tradeoff between owning a physical rental property
and owning REIT shares. Over the past few months in Toronto, property
prices have gone up as much as 15% but REIT prices have decreased
drastically on the TSX. Does it make sense to keep physical real
estate when REITs are discounted (or maybe they're actually priced
appropriately for the future?) Being a landlord requires a fair bit of
work and I'd like to take it easy in retirement.
2) The optimal percentage of total assets in the stock market during
retirement. If I sell the rental property and invest those proceeds
for a total of 50% of total assets invested in the stock market, do
you think this makes sense, or is that too risky? I have very low/no
exposure to bonds.
Thanks in advance.
Esther
Q: Good morning 5i folks. Apparently, I've fallen behind on my financial acronym homework . I guess I need to bone up.
Can you enlighten me as to what constitutes a SPAC ?
Thanks, David
Can you enlighten me as to what constitutes a SPAC ?
Thanks, David
Q: thanks for the recent risk ratings answers for US stocks....I use the information to set my target weights.
and I want to mention this is one thing I struggle with, like how to set target weights for each stock in a portfolio.
yes, I know for a blue chip stock, the weight could be 4 or 5% and for smaller cap stocks, like 2%......but really in setting the target weights, I'm in the dark!!!
with this in mind, perhaps you could keyboard your thoughts on what the process is or key factors are.......anyhow, thanks!......Tom
and I want to mention this is one thing I struggle with, like how to set target weights for each stock in a portfolio.
yes, I know for a blue chip stock, the weight could be 4 or 5% and for smaller cap stocks, like 2%......but really in setting the target weights, I'm in the dark!!!
with this in mind, perhaps you could keyboard your thoughts on what the process is or key factors are.......anyhow, thanks!......Tom
Q: Good afternoon 5iR,
I am requesting help with understanding why Manulife would trade 22,000 boe/d for 12.5% of Whitecap’s and NAL’s combined 82,000 boe/d, which amounts to 10,250 boe/d. All numbers from Whitecap’s August 31, 2020 press release. Why is a barrel of Whitecap’s oil worth over 2 barrels of NAL’s oil. Are NAL’s reserves much lower than Whitecap’s. Otherwise Manulife is to be lauded for taking the long term view for value of a growing, progressive Whitecap and Whitecap is to be congratulated for making a great deal especially with respect to deleveraging the balance sheet.
I do not own shares in WCP or MFC either directly or indirectly.
Thank you for your highly valued assistance.
Cyril
I am requesting help with understanding why Manulife would trade 22,000 boe/d for 12.5% of Whitecap’s and NAL’s combined 82,000 boe/d, which amounts to 10,250 boe/d. All numbers from Whitecap’s August 31, 2020 press release. Why is a barrel of Whitecap’s oil worth over 2 barrels of NAL’s oil. Are NAL’s reserves much lower than Whitecap’s. Otherwise Manulife is to be lauded for taking the long term view for value of a growing, progressive Whitecap and Whitecap is to be congratulated for making a great deal especially with respect to deleveraging the balance sheet.
I do not own shares in WCP or MFC either directly or indirectly.
Thank you for your highly valued assistance.
Cyril
Q: hi 5i. i bought a gov of canada rr bond dec1 2026 it was worth 24000 at issue it market value now is $ 50,010 does the value drop down to 24000 on dec1 2026 thanks as always brian
Q: Over the years Apple has been pursuing an aggressive buyback program and now with the split it has increased the share count. Does the split undue the benefits of the buy back and if so why do the split outside of getting more retail investor to buy into the name?
Thanks
Thanks
Q: Retired dividend-income investor. I hold CDZ for the long term and currently have a 75% position, topping up regularly to achieve a full position by year end. When originally purchased the yield was in the range of 5.4%, now it is 3.7% due to some of the constituent dividends being suspended. I believe CDZ is reconstituted annually. When this happens, what will happen with the dividend? With the potential changes to the underlying securities, will the CDZ methodology cause the dividend to increase somewhat?
I am "ok" with the current dividend. I am just wondering if I will get a bit of a bonus when the ETF is reconstituted?
Thanks for your help...Steve
I am "ok" with the current dividend. I am just wondering if I will get a bit of a bonus when the ETF is reconstituted?
Thanks for your help...Steve
Q: The announcement they made yesterday regarding a reverse split, then a re-split is something I have never seen before. I don't hold the stock, but was curious as to what you think of this move.
Q: How can I obtain information on what price warrants can be exchanged at and for what period of time? Currently, I would like that information on AESEW, but I would like to find sites that provide that information on other warrants. Thanks for you help.
Q: Hi Everyone at 5i! My advisor is suggesting that I invest in a “Note” which invests in Canadian large cap stocks, pays 3.4% for two years, with 50% downside protection. These things leave me a bit leery. What’s the catch??? I keep trying to avoid them and she says I am missing a good deal and gets a bit annoyed. Could you please explain to me again why these are usually not a good deal? I am short on comeback lines when talking to her. Thanks, Tamara
Q: I am currently in process with increasing the US$ in my TFSA. I have two questions:
1) Which "stable" stocks would you recommend to do a Norbert's Gambit. I understand it takes a couple of processing days before being able to sell the stock on the US side.
2) I have a few dividend paying stocks that are both on the TSX and NYSE - (CP, MLF, BNS). While they are Canadian domiciled, I'm curious if moving them to the NYSE causes the 15% withholding tax to kick in. I would like to keep them in a US TFSA so that I can trim/sell and reinvest in US $ but only if it makes sense. My intention is to buy US growth stocks in my TFSA moving forward (no dividend), eventually converting it into a 100% growth portfolio to maximize the account.
Thanks!
1) Which "stable" stocks would you recommend to do a Norbert's Gambit. I understand it takes a couple of processing days before being able to sell the stock on the US side.
2) I have a few dividend paying stocks that are both on the TSX and NYSE - (CP, MLF, BNS). While they are Canadian domiciled, I'm curious if moving them to the NYSE causes the 15% withholding tax to kick in. I would like to keep them in a US TFSA so that I can trim/sell and reinvest in US $ but only if it makes sense. My intention is to buy US growth stocks in my TFSA moving forward (no dividend), eventually converting it into a 100% growth portfolio to maximize the account.
Thanks!
Q: After reading a previous question about Bam.a and which account to place it. You suggested TFSA or non-registered where it is a growth name. I’m wondering of the 3 accounts I have regular cash (non-registered), TFSA, RRSP. What types of stocks does your team suggest should go into which account generally?
I was under assumption that a non-registered taxable account would be a good place for High Div stocks, not growth stories. There by eligible dividends be tax free and low capital gains to be actually taxed. Or is growth stocks good for there too because of claiming any possible losses?
Thank you for your clarification
I was under assumption that a non-registered taxable account would be a good place for High Div stocks, not growth stories. There by eligible dividends be tax free and low capital gains to be actually taxed. Or is growth stocks good for there too because of claiming any possible losses?
Thank you for your clarification
Q: has anyone ever done a study that shows whether owning dual-share class companies fares better or worse than single-class? I can't seem to make up my mind on which, if any is better.
On the one hand, it is very democratic that all shareholders have an equal vote, but I can't help but think this leads to short-term quarter-by-quarter pursuits by management that may not benefit the long-term health of a company.
On the other hand, a concentration of voting rights by a small minority of shareholders could disregard the interests of subordinate holders yet allow for better strategic longer-term planning without having to worry about a populist revolt.
Do professional investors prefer one structure vs another?
Do you favour one over the other in general or does it have to be case-by-case?
On the one hand, it is very democratic that all shareholders have an equal vote, but I can't help but think this leads to short-term quarter-by-quarter pursuits by management that may not benefit the long-term health of a company.
On the other hand, a concentration of voting rights by a small minority of shareholders could disregard the interests of subordinate holders yet allow for better strategic longer-term planning without having to worry about a populist revolt.
Do professional investors prefer one structure vs another?
Do you favour one over the other in general or does it have to be case-by-case?
Q: Morning Peter and Team,
The National, a Abu-Dhabi based publication, recently published an article stating that several of Alibab's biggest investors in the States (all institutional investors) had swapped billions of dollars in Alibaba's US shares for Hong Kong-listed stocks to avoid potential sanctions and delistings of big Chinese tech companies.
Please comment on how would the process of delisting Chinese stocks from US markets work and and how likely do you see this coming to fruition? Also should it indeed come to past, what would happen to the shares of Chinese tech stocks that were already bought through the US exchanges prior to delisting taking place?
Finally are there ways where retail investors can access overseas stock markets such as the Hongkong Exchanges (HKEX)?
Best regards and thanks for your help.
The National, a Abu-Dhabi based publication, recently published an article stating that several of Alibab's biggest investors in the States (all institutional investors) had swapped billions of dollars in Alibaba's US shares for Hong Kong-listed stocks to avoid potential sanctions and delistings of big Chinese tech companies.
Please comment on how would the process of delisting Chinese stocks from US markets work and and how likely do you see this coming to fruition? Also should it indeed come to past, what would happen to the shares of Chinese tech stocks that were already bought through the US exchanges prior to delisting taking place?
Finally are there ways where retail investors can access overseas stock markets such as the Hongkong Exchanges (HKEX)?
Best regards and thanks for your help.
Q: Hi guys
Over the long term, do share buybacks not destroy companies value, as it results in negative " Total shareholder Equity"
Maybe General Electric, would be a good example ? but on the other hand McDonalds also employs this strategy, and they are a great company i think, could you offer your opinion on this issue.
Thanks
Over the long term, do share buybacks not destroy companies value, as it results in negative " Total shareholder Equity"
Maybe General Electric, would be a good example ? but on the other hand McDonalds also employs this strategy, and they are a great company i think, could you offer your opinion on this issue.
Thanks