Investment Q&A

Q: thank you for your info. gud csh.un aw.un yes i am buying

Q: With the recent announcement of the closing of Maui,s sugar factory will this do anything to strengthen rsi shares? 900 jobs loss! Not well received by many.. Thaks Cliff

Q: After todays news and increase in share price ,would you continue to hold, sell or buy more. It is a 2% position now. Thanks. Hope you had a Great cruise

Q: Peter,

I am being pitched an Insured Retirement Plan by a potential Financial Advisor. This particular case involves a plan from Canada Life that has apparently been around for 165 years or something. I believe the product is the "Retirement Income Enhancer" and the basic idea is that you have to contribute for 20 years and then after that you can draw income or leave the money in longer and then draw on the plan and/or use bank loans to fund your retirement using the plan value to support the loan. It also has death benefits/life insurance as well.

I am curious if you have any thoughts or experience with plans like this. It seems like a lot of money to contribute to get not that much income and your plan is underwater for 20 years before your plan value matches what you've put it. I am concerned about putting a ton of money into savings that can't be touched if bad things happen. I also feel like contributing the amount required to make a plan like this worth it would stop or hinder my ability to prepay my mortgage early. Mortgage is the only debt I have and I like the idea of retiring that debt early to make me "invincible" financially (to the extent that being all cash, no debt acheives that).

Your thoughts would be much appreciated.

Q: I got a fresh infusion of money in my RRSP. I am thinking of adding some positions which have been beaten up badly. Should I keep some of this amount in cash for opportunities or invest it all. If you suggest investing What should be the order I should buy from among the following companies:

KXS
CSU
ESL
ATD
ITP
CCL
BYD
MDA
GIB
OTC
CIG
FSV
LNR

Q: I still hold the stock. I did not sell when you advised. They halted the trading last week. Is this company bankrupt? I had $10000 worth stock and it shows $950-ish on my trading account? Can I sell it somehow or does it have zero value?

Q: This is a general question - What stocks would you suggest I consider adding to a RRIF today? Currently 50% is investment in the following positions - BCE BEP.un CGX CSH.un DH ENB MDA SJ SLF ZRE and ALT.b.....I follow for the most part income and balanced portfolios and I am keen to know what is best for a registered account......Tom

Q: Peter, do you think MAL is a good long term holding? I bought my position a while ago, and it's now~ 15% of my holdings. I wouldn't sell any, but I really don't know. Do you think is risky to hold on? Thank you

Q: I have full positions in CSU,SYZ,ESL,DSG. Thinking of selling DSG and buying Kinaxis or Open Text. Are you okay with this sale and which would you prefer, KXS or OT and why. Thanks for your guidance, Jerry.

Q: looking to hold these companies for long term and let the drip takes its course is this an ok strategy

Q: Hi Team, I noticed that there has been an offer to take Sirus XM Canada private. The offer is in the vicinity of $4.25. Yesterday's price was $3.68. I paid $5.00 for the stock. Would you suggest waiting to see if the offer increases or sell now as an opportunity to get out with a limited loss.
Thank you for your consideration.

Q: Just a comment to add about Rogers Sugar, in the short term they may see a benefit in volumes as a dead bird was recently found in the silos at their competitor's Redpath Sugar Facility in Toronto. From what I hear a lot of sugar had to be disposed of with downstream users scrambling to find alternative sources. The facility is still shut down until the source of the bird is found. Let's hope these downstream users stick with Rogers Sugar and nobody finds any bird parts in their food! http://www.quintenews.com/2016/02/a-sweet-mess-for-redpath-sugar/107360/

Q: When the SEC fines all of these Wall Street Companies for all the offences they have been found guilty of, who get's the millions of dollars that they have been fined?

Q: just need assurance not to sell stocks when market drops out and stay long

Q: Hi,
I have been holding some of this for awhile now and am in a losing position. Insider ownership seems good. Any advice on this one?

Q: Mr. Hodson, BNS and TCN, respectively -23.68% and -33.45%.
Should I be unhappy, or simply resilient ?

Q: Good morning,

I would like to take advantage of the high level of pessimism in the equity market to initiate some positions in Cdn companies in the consumer sector that stand to benefit the most from the weak economy. My thinking as the fallout from low oil prices,greater use of disruptive technology (re higher unemployment)and high level of consumer debt (approx. 1.65 x income) many more consumers will be more price sensitve and looking for the best value. I know one company you like is Dollarama. Can you provide 5-6 more names that stand to benefit from this potential shift in consumer behaviour and you believe now would be a good time to initiate positions in.

Thanks

Q: Hey team, I'm wondering if you can rewind to your previous career in portfolio management and tell us what names, both small and large, you would be looking at currently. Also, I just sold baytex for a loss and I'm looking to invest in something that has some torque and is not dependent on one variable (oil prices ). Thanks a million.

Q: I note that trading in this stock is halted pending news, and that there is a headline in the restricted area of the Globe suggesting that there is an offer from the current owners to take it private. Do you have any further information on this proposal?

Geoff

Q: I am looking for a few growth dividend paying stocks. I will be going with BNS that you suggest. What about Telus, TransCanada pipe and RioCan for diversification, growth and dividends?
Thank you