Q: When you quote long term PE ranges where do you acquire this information?
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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,
I was wondering if my interpretation of the timing of PSA's monthly payment is correct. My Investor's Edge account says for last month: "PURPOSE HIGH INTEREST SAVINGS FUND UNITS SAVINGS FUND UNITS DIST ON XXX SHS REC 07/28/23 PAY 08/08/23."
I take this to mean, if I hold the shares on 07/28 I will receive the dividend on 08/08. For this month, if I were to sell my PSA shares after 08/28/23, I would still receive the dividend in September. Do you think I have that correct?
Thank you. Michael
I was wondering if my interpretation of the timing of PSA's monthly payment is correct. My Investor's Edge account says for last month: "PURPOSE HIGH INTEREST SAVINGS FUND UNITS SAVINGS FUND UNITS DIST ON XXX SHS REC 07/28/23 PAY 08/08/23."
I take this to mean, if I hold the shares on 07/28 I will receive the dividend on 08/08. For this month, if I were to sell my PSA shares after 08/28/23, I would still receive the dividend in September. Do you think I have that correct?
Thank you. Michael
Q: A rookie question but I’ll leave it public just in case anyone else has the same question. I don’t understand how to calculate what I need to sell or by to reduce or increase my allocation. If your recommendation is to reduce a sector from 10% of portfolio weight to 5%, do I sell 5% of my holdings in that sector or 5% of the entire portfolio value from that sector?
Q: Good morning,
I know this might be an odd question, but hear me out.
What are your thoughts on taking a more dynamic approach with one's cash allocation in a portfolio to enhance yield? I know there are tax and trading cost implications with the following, but aside from these, what are your views on moving cash towards the end of each month, prior to the ex-dividend date, to a covered call fun like HHL, and then sell just after the ex-dividend date and keep in cash until the end of the next month. A fund like HHL appears to have "some" price volatility (of course), but also a yield approaching ~ 9%. It seems that by taking a more active approach to one's cash, and moving it in/out of HHL monthly to coincide with monthly cash distributions, might make some sense. So long of course as you are prepared for the fact that there is ample scope for capital gains/losses that you would otherwise not have if you were to hold just a GIC at ~ 5%.
I know this might be an odd question, but hear me out.
What are your thoughts on taking a more dynamic approach with one's cash allocation in a portfolio to enhance yield? I know there are tax and trading cost implications with the following, but aside from these, what are your views on moving cash towards the end of each month, prior to the ex-dividend date, to a covered call fun like HHL, and then sell just after the ex-dividend date and keep in cash until the end of the next month. A fund like HHL appears to have "some" price volatility (of course), but also a yield approaching ~ 9%. It seems that by taking a more active approach to one's cash, and moving it in/out of HHL monthly to coincide with monthly cash distributions, might make some sense. So long of course as you are prepared for the fact that there is ample scope for capital gains/losses that you would otherwise not have if you were to hold just a GIC at ~ 5%.
Q: Hi 5I,
Regarding El-Annons question on JEPI actual dividend rate, For future reference where does one find the actual dividend that these guys, and maybe others ETFs, actually payout,
I was fooled by the dividend rate posted on brokers site,, it also says 10.2 %
Thx
Regarding El-Annons question on JEPI actual dividend rate, For future reference where does one find the actual dividend that these guys, and maybe others ETFs, actually payout,
I was fooled by the dividend rate posted on brokers site,, it also says 10.2 %
Thx
Q: Is there a software or spreadsheet template you can recommend to track stock portfolios as well as thougts or influences on the decision making process that was made to buy sell or hold?
Q: Not looking for a full-on accounting lesson here, but can you explain why some CEOs would emphasize cash flow over earnings? Is cash flow a better metric than earnings for all companies or just some?
Q: Peter,
What can you tell me about the class action lawsuit regarding Maxar Technologies. I received a proof of claim form in the mail. It mentions an award of $27m. There are currently 74 million shares outstanding.
Thanks
Paul
What can you tell me about the class action lawsuit regarding Maxar Technologies. I received a proof of claim form in the mail. It mentions an award of $27m. There are currently 74 million shares outstanding.
Thanks
Paul
Q: Do you know where you can consistently find "shareholder yield". Is there a company or service that shows this metric when analysing securities?
Q: Hello 5i,
This message from RBC Direct Investing has just come through. I thought it might be of some interest to the broader 5i community. My guess is that soon the other large banks may follow suit if they have not already done so. Worth keeping an eye on.....
Effective October 31 2023, RBC Direct Investing Inc. is amending the ‘Conflicts of Interest Disclosure’, section 3 to delete the following sentence:
“RBC Direct Investing does not currently offer high interest savings account ETFs.”
Access to high interest savings account Exchange Traded Funds (ETFs) is now available on the platform.
Cheers,
Mike
This message from RBC Direct Investing has just come through. I thought it might be of some interest to the broader 5i community. My guess is that soon the other large banks may follow suit if they have not already done so. Worth keeping an eye on.....
Effective October 31 2023, RBC Direct Investing Inc. is amending the ‘Conflicts of Interest Disclosure’, section 3 to delete the following sentence:
“RBC Direct Investing does not currently offer high interest savings account ETFs.”
Access to high interest savings account Exchange Traded Funds (ETFs) is now available on the platform.
Cheers,
Mike
Q: During the period from 2009 through to 2014 I was a shareholder in Imperial Metals. I just received a "Notice of Settlement" related to a class action.
The basics are a $6 million settlement, minus $1.8 million to the lawyers, minus settlement costs, with the balance paid pro rata to Class Members (with a list of excluded persons, like Murray Edwards, etc.).
I've done a bit of preliminary work here. I held 3600 shares as of the key date Aug 14, 2011. I sold all of my shares, the last being in 2014. Cumulatively, I made a reasonable return.
I have followed CRA's direction and kept all of my documentation for the past 6 years. However, we flush all outdated official records (buy and sell confirmation slips). I would need to contact RBC to obtain copies and probably have to pay to get them.
In your view, is this worth pursuing...financially I would get "something". In reality, I am guessing the lawyers would get most of the money and there would be some scraps thrown around to the rest of us.
Any thoughts or guidance would be appreciated.
Thanks...Steve
The basics are a $6 million settlement, minus $1.8 million to the lawyers, minus settlement costs, with the balance paid pro rata to Class Members (with a list of excluded persons, like Murray Edwards, etc.).
I've done a bit of preliminary work here. I held 3600 shares as of the key date Aug 14, 2011. I sold all of my shares, the last being in 2014. Cumulatively, I made a reasonable return.
I have followed CRA's direction and kept all of my documentation for the past 6 years. However, we flush all outdated official records (buy and sell confirmation slips). I would need to contact RBC to obtain copies and probably have to pay to get them.
In your view, is this worth pursuing...financially I would get "something". In reality, I am guessing the lawyers would get most of the money and there would be some scraps thrown around to the rest of us.
Any thoughts or guidance would be appreciated.
Thanks...Steve
Q: This is a general comment in response to D's question asked on August 14, regarding BNS. I would agree with 5i that it's the valuation; yield and growth + the price we pay for a stock creates future value.
For example, owners of quality individual shares obtain stock splits every decade or so. 200 shares of BNS bought in 1990 for $4,800, for instance, with splits, are now 800 shares. When you multiply 800 shares by the price of $80 it's $64,000. And, dividends now provide more than half the purchase price ($3.10 times 800 = $2,500) Stocks get safer as time goes by. BNS now has a $60,000 buffer before we lose capital; however you have to wait a couple of decades to get it.
D should be a holder of BNS and quality companies that pay a dividend. Yield + Growth + the price paid for a stock, will create value.
For example, owners of quality individual shares obtain stock splits every decade or so. 200 shares of BNS bought in 1990 for $4,800, for instance, with splits, are now 800 shares. When you multiply 800 shares by the price of $80 it's $64,000. And, dividends now provide more than half the purchase price ($3.10 times 800 = $2,500) Stocks get safer as time goes by. BNS now has a $60,000 buffer before we lose capital; however you have to wait a couple of decades to get it.
D should be a holder of BNS and quality companies that pay a dividend. Yield + Growth + the price paid for a stock, will create value.
Q: Any suggestions for a Web site about US preferred shares?
Thanks
Thanks
Q: This is a follow up to a question asked by Ok on Aug 14 and is not specific to Well.
Ok brings up lending stock to a brokerage and getting a return. In this specific case they were using Well stock.
I have never heard of this before. Its sound like a possibe way to gain "yield" .
Can you better explain this and also what risk is associated with doing this.
Thanks
John
Ok brings up lending stock to a brokerage and getting a return. In this specific case they were using Well stock.
I have never heard of this before. Its sound like a possibe way to gain "yield" .
Can you better explain this and also what risk is associated with doing this.
Thanks
John
Q: Hi!
Here is a puzzler for you....
In essence my question boils down to if/when one should sell an "A"- quality. dividend paying stock.
Example: I bought 100 shares of BNS at $55 and it went all the way to $92. I am still holding it (did not sell at all). It is now at $65. I get about $400/year in dividends.
A quick calculation shows that had I sold at $92, I would have gained about $4000 which is about 10 years worth of dividends without the wait.
Is there a handy approach to win in this sort of situation?
Here is a puzzler for you....
In essence my question boils down to if/when one should sell an "A"- quality. dividend paying stock.
Example: I bought 100 shares of BNS at $55 and it went all the way to $92. I am still holding it (did not sell at all). It is now at $65. I get about $400/year in dividends.
A quick calculation shows that had I sold at $92, I would have gained about $4000 which is about 10 years worth of dividends without the wait.
Is there a handy approach to win in this sort of situation?
Q: You recently dropped coverage of NFI at $11.34 after initiating coverage with an A- rating at $54.51 in November 2017, for a loss of ~80%. When you reflect, are there any lessons you take away from the experience? Did you miss something in your initial analysis? I'm curious to hear how you reflect on what in hindsight was a poor investment and if you have any new insights or changes to your approach moving forward to try and avoid similar results in the future. Looking at the company snapshot from November. 2017, would you still agree with your A- rating with the information that was known at that time?
Thanks!
Thanks!
Q: When investing in telecoms, what are the best valuation metrics to know it's a good price to buy into?
Q: This may be a silly question, but, other than the price, what is the difference between PYPL:US and PYPL:CA?
DON
DON
Q: Hi 5i,
Where would I go to learn more about stock analysis? Do you have any recommended reading?
Where would I go to learn more about stock analysis? Do you have any recommended reading?
Q: It is common for readers to ask what market expectations are for companies that you are aware of a few days before they report their earnings i.e. recently CSU, KXS and GSY. When you see stocks with bad market expectations, could you put an alert out that for example XYZ is going to have bad market expectations? In other words, give us the head's up on bad market expectations of a security before it reports earnings. I assume that NVEI would have bad market expectations before they reported. Thank you