Q: On BNN you mentioned that we were probably in the sixth inning for auto related stocks. Are you making a correlation to baseball? Or does this refer to 6th inning out of 10 in business terms.
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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: What does 'double down' mean?
Q: I was talking to Peter at the Money Show along and so were many others. I put in limit orders and would it be a good thing if I put the limit order for more than one day? Asking about a couple of my holdings SYZ has large daily swings of almost 10% - is this indicating something? DEE (Delphi) has been in a downwards trend about the biggest downward trend of the resource sector and I noticed some negative news on it on October 23 and it escalated the fall. Is there any hope for this security?
Dennis
Dennis
Q: Hi Team. Just a general question. What is the relationship between share price and net asset value of companies? Is book value and net asset value the same? Some companies trade at multiples of book value. Thanks for the help. Joe
Q: What caused stagflation in the 1970's? Do you think we are at risk of stagflation again?
Thanks,
Hans
Thanks,
Hans
Q: I'm fairly well diversified with your model portfolio stocks but I do take on some fliers for some spice. I see you occasionally sell down on stocks that go up and buy up on stocks that are down. I think you do this for companies that you rate as good investments only. My question is does this strategy apply to more speculative stocks as well. I guess in my mind I view these speculative ventures as a partitioned subset of my portfolio. For example I'm well up with Concordia CXR but I'm down with Questor QST, Enterprise ESI and C-Com CMI. Should I sell some CXR and buy some of the others? Or should I just leave these all alone as speculative ventures that were one time good ideas and sell when I think I've had enough keeping in mind reasonable weighting.
Q: To what degree do you expect tax loss selling to impact these stocks in the next 6 weeks: Enterprise Group, Surge and Auto Canada.
Also, I noticed a few stocks (EH and ACQ to name two) that had a great year in 2013 and had a significant selloff in January 2014. Is there such a phenomenon as tax gain selling, where investors hang on until a new year to defer capital gains for a year. If so, do you recommend waiting on some of the years big gainers as late January may represent a better entry point.
Also, I noticed a few stocks (EH and ACQ to name two) that had a great year in 2013 and had a significant selloff in January 2014. Is there such a phenomenon as tax gain selling, where investors hang on until a new year to defer capital gains for a year. If so, do you recommend waiting on some of the years big gainers as late January may represent a better entry point.
Q: I would like to share my personal experience with Raintree financial solutions to add more info to Shirley's question. I have been an investor for 3 years and it has been a disaster. If you want to sell an investment it may take up to 1 year and they will charge you up to 20% to sell. Also one of my investments has a "cease trade order" placed on it, by the Alberta Regulators and for over 1.5 years I have not been able to do anything with it. I agree with the 5i comment that the risk/reward is very poor, and the liquidity when you want to sell is horrible. I am a high net worth investor, and consider myself to be a sophisticated investor, and I will never invest in this type of investment again. My strong advise is to stay away. If you go to the info sections they will only give you all the positives and dismiss the short comings of these investments. If you are looking for some Alternative type of investment I suggest you look at some of the good hedge fund companies. I have invested with Barometer Capital, DKAM, Agilith Capital or Picton Mahoney and these are high quality companies that have much better liquidity and long term track records.
Darcy
Darcy
Q: If I hold ZUH in an investment account(non-RRSP or RIF) am I correct in assuming that the U.S.withholding, tax which is minimal on a $0.11 dividend,is the only detriment in holding the above ETF outside a registered account? Thank you. Don.
Q: Greetings: Do the Canadian banks buy "blocks" of stocks and bonds for a later sale (at a profit, of course)to clients with managed accounts? If a bank's wealth division offers to manage an account for 1% what other "hidden" costs are there? Thank You
Q: My question is about portfolio diversification. Is there a dollar value of a portfolio in which you might invest more than one company per sector to reduce company risk while maintaining diversification? Thanks!
Q: Hi 5i team, your answer is very very helpful to lead us to become an investor. In the past, you have trimmed AYA as it gained quite a bit. Is there any rule , when and how much, behind such trimming process?
Q: Hi Team,
Can you give me 3 to 5 names (or more) to watch that you would consider buying after tax loss selling in December? Or is it too early to narrow down at this time?
Thanks, Shane
Can you give me 3 to 5 names (or more) to watch that you would consider buying after tax loss selling in December? Or is it too early to narrow down at this time?
Thanks, Shane
Q: Good Morning, Peter,
How will the planned changes in June 2015 by the TSX affect a typical Canadian investor with a portfolio of less than $1 million who trades equities about 10 to 20 times a month?
Reuters reported that the TMX "...wants to introduce a "long life" order type on both its main Toronto Stock Exchange and its sister venture exchange which will be executed ahead of other orders at the same price..."
Thank you in advance for helping clarify the impact, if any, that these changes will have on the average 5i member.
Gail
How will the planned changes in June 2015 by the TSX affect a typical Canadian investor with a portfolio of less than $1 million who trades equities about 10 to 20 times a month?
Reuters reported that the TMX "...wants to introduce a "long life" order type on both its main Toronto Stock Exchange and its sister venture exchange which will be executed ahead of other orders at the same price..."
Thank you in advance for helping clarify the impact, if any, that these changes will have on the average 5i member.
Gail
Q: General Trading question. I have been investing in stocks for only a couple of years and recently wanted to try out Trading however I have found that I am way too slow to make a decision. Some of my hesitation centers on how to read and understand the implications of a companies reports. For example a report saying revenue is up while profit is down to me should be a positive thing for a company. Also, the "street estimate" is only an estimate, while the company reported figures are factual. Would not a company who has improved revenue be worth more whether it was short of the "street" expectations or not. I realize you guys/gals are not traders but do the very quick traders trade on "any bad remark"
Q: I have been invited to attend a presentation by Raintree Financial Solutions ((Exempt Market Dealer) where Private Capital Markets Investing will be the main topic. Three companies will be profiled specifically, Enercapita Energy Trust,Equicapita and Solar Income Fund Inc.
I am interested in hearing what you think of this new category "Exempt Market Dealer".
Private capital investing seems to have been the domain of high net worth individuals therefore not available to small retail investors. Raintree claims that private investing adds diversification to a portfolio and is not as susceptible to downturns as we have experienced in the past few weeks. What would be your opinion?
Your view of the companies being profiled, if any, would also be much appreciated.
I am interested in hearing what you think of this new category "Exempt Market Dealer".
Private capital investing seems to have been the domain of high net worth individuals therefore not available to small retail investors. Raintree claims that private investing adds diversification to a portfolio and is not as susceptible to downturns as we have experienced in the past few weeks. What would be your opinion?
Your view of the companies being profiled, if any, would also be much appreciated.
Q: Thanks to 5i & Russ who provided an excellent source of closing Block trades. Demonstrates the power of informed forums.
I asked the question in respect of AVO trading. The data has raised the question of what do they mean.
I assume that if the buyer is different from the seller, they are interested in disbursing the Block to retail according to their views on what is likely to happen to the price. But what is the reason for the same Brokerage firm selling to it's self?
Perhaps there are other motivations? For me it is interesting that buyers & sellers are interested in making Block trades, but can the transactions be interpreted to mean anything?
Your personal experience with this please.
Ernie
I asked the question in respect of AVO trading. The data has raised the question of what do they mean.
I assume that if the buyer is different from the seller, they are interested in disbursing the Block to retail according to their views on what is likely to happen to the price. But what is the reason for the same Brokerage firm selling to it's self?
Perhaps there are other motivations? For me it is interesting that buyers & sellers are interested in making Block trades, but can the transactions be interpreted to mean anything?
Your personal experience with this please.
Ernie
Q: I have a general question as to how, and if, analysts' reviews affect stocks.
On Wednesday, TD Securities downgraded Canaccord Genuity Group to "hold" from "buy" with a price target of $12.50 (Canadian). The stock was around $11.00 at the time. It subsequently plummeted about 10% and continues to drop today.
Today, Raymond James upgraded Mullen Group to "market perform" from "underperform" but cut its price target to $25 (Canadian) from $27.50. The stock has dropped about 5% so far.
In both cases, the stocks were about 10% below the analysts target. Once was considered a downgrade, although it was still a hold. The other was considered an upgrade but its target was not going to yield any greater returns.
My question is threefold. Is "market perform" considered different than "hold" (since they seem pretty similar to me); secondly, why was one stock hammered so much and the other wasn't when they are both expected to perform about the same, at least as it pertains to their target prices; finally, should TD be considered impartial since they are downgrading a competitor.
I am hoping that with your insight, I will move closer to understanding how things work!
Thanks so much.
Paul F.
On Wednesday, TD Securities downgraded Canaccord Genuity Group to "hold" from "buy" with a price target of $12.50 (Canadian). The stock was around $11.00 at the time. It subsequently plummeted about 10% and continues to drop today.
Today, Raymond James upgraded Mullen Group to "market perform" from "underperform" but cut its price target to $25 (Canadian) from $27.50. The stock has dropped about 5% so far.
In both cases, the stocks were about 10% below the analysts target. Once was considered a downgrade, although it was still a hold. The other was considered an upgrade but its target was not going to yield any greater returns.
My question is threefold. Is "market perform" considered different than "hold" (since they seem pretty similar to me); secondly, why was one stock hammered so much and the other wasn't when they are both expected to perform about the same, at least as it pertains to their target prices; finally, should TD be considered impartial since they are downgrading a competitor.
I am hoping that with your insight, I will move closer to understanding how things work!
Thanks so much.
Paul F.
Q: On Oct 20th you answered Robert regarding 5I following US stocks. You mentioned that if 5I "closes membership" in Canada you might consider it,
Question ; Is 5I only a temporary service in Canada? I sure hope not!
Question ; Is 5I only a temporary service in Canada? I sure hope not!
Q: One of the key items I have learned since subscribing to 5i is the importance of diversification. With that, I have a couple questions related to this:
1) I have approximately 25 stocks in my portfolio. I know it's difficult question without the names, but is this generally too many for the average investor?
2) Being in Canada, I constantly hear that most portfolios simply cannot be diversified without going abroad. Do you think this is true? If so, are there some recommended ETFs (in Canadian dollars preferably) that contain sectors we cannot get in Canada and provide a more balanced portfolio? (ie. not energy, financials, materials)
1) I have approximately 25 stocks in my portfolio. I know it's difficult question without the names, but is this generally too many for the average investor?
2) Being in Canada, I constantly hear that most portfolios simply cannot be diversified without going abroad. Do you think this is true? If so, are there some recommended ETFs (in Canadian dollars preferably) that contain sectors we cannot get in Canada and provide a more balanced portfolio? (ie. not energy, financials, materials)