Investment Q&A

Q: I'm thinking of buying BIPC or BEP. in my US account. Do you have preference between the two and if so why. Also could you provide me with their current and forward PE's. Thanks for your help.

Q: Rob on November 15 asked about Shareclubs. There is a relatively current listing here: https://money4retirement.ca/canflid_clubs/. It was based on the earlier MoneySaver listings and updated during some outreach with these clubs.

Q: Can you explain (laymen's terms) The news release November 10th and how the Dutch Auction works, are shares tendered through a broker? NCIB seems much simpler. Thanks!
https://www.5iresearch.ca/company/tsx/CIX

Q: Hi friends,
I see that you have been recommending total market ETFs of Vanguard US and Vanguard Canada etc., in response to questions of different members.
When I look at the Management fees, Vanguard Canada fees are much higher than that charged by Vanguard US, for similar ETFs..
If one has US$ funds, is there any restriction or problem in going for Vanguard US ETFs, instead of Canadian and save some fees?
What are the pros and cons of buying Vanguard Canada ETFs vs US ETFs?
Thanks in advance for your thoughts / views.
Antony

Q: Good morning,

My intention is to move some US $ from my US Non Registered account to my CDN $ Non Registered account through a journal transfer.

I just sold a US ETF and with the proceeds purchased TRP.US

Q1. Are the TRP.US dividends paid in US $ or CDN$?

Q2. Do the TRP.US dividends generated in the US Non Reg Acct qualify for the Canadian Dividend Tax Credit?

Q3. Can I simply call my TD Direct Investing broker to move TRP.US from my US Non Reg Acct to my CDN Non Reg acct?

Thank you and I'll await for your response to these three questions.

Q: Hi 5i Team - I am interested in joining a group of individual investors who like to share their opinions and research on various equities. Basically a discussion group not necessarily involving a specific speaker. This could be through virtual or in person meetings. Do you have any suggestions. Thanks.

Q: Everyone, if you could read only one: magazine / newspaper / or online newsfeed what would that be (beside 5I) to get your financial perspective on the world? Clayton

Q: Just a thank you to 5i for all your insight and answers at such a busy time during q3 results . Great team!

Q: This is my first year investing in a non registered account. I've invested with BMO Investorline. My question is do I trust the average cost they post for each stock? How do I verify it is correct? I can set up an excel spreadsheet but not sure how to accurately figure out the adjusted cost base. Thank you.

Q: What metrics do you look at to determine if long term holds for dividend income are still safe for that dividend income? I have a pretty diverse portfolio and more than half of it is in banks, oil, telecoms and utilities. I have held these since before Covid, Financial crisis, two wars presently raging and introduction of AI, let alone the Climate Change growing issue. So I'm looking out say 10 years and want to look at each of my long term holdings to determine if they are still long term eligible and if so will their dividends be safe. Any thoughts on a frame work/lens that I should be considering in this kind of a review?

Q: Hi 5i ,
As a follow on to my previous question on not receiving Hmax dividend ...how does one go about inquiring about this type of issue...I see no contact information on Hamilton website...any suggestions on how to move forward?
Thx

Q: if one Canadian person has ,say $ 1,000,000 invested with 10 DIFFERENT institutions, is the whole 1 mil covered by CDIC and FSRA insurance

Q: ETF's. Is this true? Thank you.

Most funds allocate assets in one of two ways. The first and most straightforward way is equal-weighted, which means the money you invest is equally split between the stocks the fund holds. If a fund has 500 companies and you invest $500, each would get $1.

The other primary method is distributing investments by the companies' market capitalizations (market caps). In this case, companies with a higher market cap receive more of the invested amount. For example, if a fund has 500 companies, a $1,000 investment could mean $5 to the largest company in the fund, while $0.10 goes to the smallest. The exact distributions will vary based on the range of market caps in the fund.

Q: Do you know of an app tied to daily US/Cdn $ exchange rate which I can use to track performance of US stocks in terms of Cdn $ which is required for Canadian tax reporting . I have DRIPs on US stocks but of course their cost in C$ when drip shares are purchased is what is required when asset sold. My online account only tracks the US$ ACB which doesnt track currency on drip settlement date. Thank you.

Q: ex-dividend on the 11-14-23 if I sell on the 15 do Istill get my dividend?

Thank you

Q: I apologize for this very basic question but I need to confirm the following please:
If I buy a canadian company’s stock (ex CM) with U.S. dollars on a
U.S. exchange, will I receive the dividend in U.S. dollars?
To receive the dividend in $U.S. , I don’t need to advise my brokerage or make any special request ?
There would be no withholding tax, right?
Thx
John

Q: Hi 5i,

I thought that I had sent this question but I will try again.

Re DRIP's. I hold different accounts. Over the years I have noted a discrepancy in the time it takes to deliver the shares. Some are delivered very quickly whereas other management accounts will take up to 10 days to deliver.
Is there an advantage to the management company by delaying the payment? Are there rules to the DRIP process?
I like the new rules to question time.
Thank you,
David

Q: Price movements in the US after-hours market have had me puzzled for months. I have noticed *unexplained* spikes in share prices in after-hours trading. As a simple test , I set up price alerts on a dozen Nasdaq-listed companies and asked Schwab’s platform to alert me if the prices fell by significant percentages— amounts that were , say, 20% below closing prices, and that price drop was not attributable to earnings releases or other news .
To my surprise, the platform sent me far more alerts than I expected. All alerts were after hours.

Here is an example on trading in NVDA after 5 PM November 8, 2023. NVDA traded almost 35 million shares during the day within the price range: US$459.68 – US$468.67 (a tight range of 0.21% , from high to low).

At 5:17 PM I received an alert that NVDA had fallen below US$393. I checked on nasdaq.com for the after-hours trading. The low price shows is shown at 5:35 PM as US$228.29, after which shares went back to US$461, apparently soon after.

The above is not necessarily an isolated case, going by my alerts being triggered. Notwithstanding that my test is simplistic , I ask if you have any knowledge of how, and why this happens.
(Screen shots below but I am not sure if your system will show images).

Q: Good Day.
Wondering if you could, "feed me a fish," by finding the short positions in both the US and CAN markets; then "teach me to fish" by showing me where I can source this data on my own. I cannot remember where I have found it in the past.
Thanks

Q: Can you please tell me how the 10-year total return of XEI compares with XIU and XIC? Do you know methodology used for selecting holdings in the S&P/TSX Composite High Dividend index? Where can I find a complete list of the holdings in XEI?
Thank you!!