Investment Q&A

Q: Good morning.

I don’t know much about REITS and there are a lot of choices. Looking out 5-10 years, what do you feel are the best areas to focus on and what would be 2 or 3 Canadian REITS you like best and which one would you choose for a long term hold and why?

If there is a US REIT you like or even prefer, please include.

Also, If there is a primer you could suggest or a previous blog post please link.

Thanks, M

Q: With rising interest rates, does this ETF still make sense for fixed income? I had thought this laddered ETF would be less sensitive to rate increases but that has not been the case - I've been taking a red bath on these. Is there an alternative or another option in the bond space that you would recommend? The duration curve is painful

Q: Hi 5i, why has the price of gold dropped since Aug 2022, and where do you see it going from here (and why?) Thank you.

Q: This stock looks like a bargain. Stripping out any value for goodwill and you still have book value of $9/share. Shares trade at just over $6.40. Their business has really evolved and their recent carbon capture contract ( hard time even finding the news on it) is big. Lots of similar types of deals possible. This company reminds me IBI Group, another turnaround situation (Peter Lynch classification).

Q: Hi, I noted that you decided to sell full position in TCL.a from 5i portfolios, after owning for several years. CCL.b is still held in the Balanced 5i Portfolio, with a full position. We sold our CCL.b and TCL.a positions many years ago and switched to RPI.un. The move served us well initially but for past 12-18 months, Richards Packaging unit price has continued to decline precipitously and is near all time lows. It appears that COVID period growth has fizzled and it might take much longer for the company to digest the large Clarion Medical acquisition and the resultant debt load. Company has also guided lower for past few quarters. Although they have been paying dividend 0.11 monthly for many years, but market seems to be expecting declining growth for a while. I am wondering if you notice signs that RPI is heading into a similar direction as TCL.a. Recession fears certainly are not helping. Would it be prudent to not be mesmerized with the 3% dividend and move on, so funds could be available for better Income/Growth opportunities ? Thank You

Q: Hi, AQN stock has languished over past years and shares have been testing investors' patience. Even a recent large acquisition has failed to reignite the stock price. Based on your recent comments, you consider AQN fine for income but not much is expected in terms of capital appreciation. For a quick comparison of share price performance, I pulled the charts of these four utilities over 12 months and noted that while CPX and ACO.X outperformed by a wide margin, AQN was a complete laggard with FTS in the middle of the pack. We are retired investors and looking for ( In Non Regd account ) stability of income ( with increasing dividends) and some growth potential. We have owned FTS and AQN for many years, but are considering to switch out of AQN ( fully or partially ) to CPX or ACO.X. What are your thoughts about this plan and how are the current valuations of CPX and ACO.X for the switch ? How would you rate these four companies, in order of preference ? Thank You

Q: How would you suggest a 70+ participate in this market,if at all?

Q: I own shares in these 3 companies and am thinking of adding to one or all of them. Weightings are all still relatively modest. What do think of these stocks, is this a good time to add, and would you suggest adding to one, two or all. If not all, in which one or two would you prefer? With thanks, Don

Q: Hi!
The recent market decline has likely created buying opportunities. Would you be able to list about 20 companies that are "cheap" right now and back-up-the-truck-able?

Q: What do you think the impact of AIG's Corebridge IPO to its stock price in long term? thank you.

Q: I have one income account where I have a core of stable companies (BNS, BCE etc.,) and strategically move into beat up names where the yields are temporarily very high due to what I anticipate to be a short term fall in the share price. Generally I am looking for something over 6% in this equation at the time of purchase. Do you see any candidates for such a strategy? Thank-you. Love your service btw. Best money I have ever spent.

Q: Questioners on this account and others on ISA's might appreciate the picture laid out by Mr. Thrifty on Canadian and US ISA's at at most FI's with current rates:

https://mrthrifty.ca/investment-savings-accounts-maximize-interest-in-your-brokerage-account/

Q: Any news on the proposed spinoff?

Q: On Friday FDX announce it was having a distressed quarter going forward with earnings down potentially as much as 50%.

The CEO even suggested he feels there will be a worldwide recession.

If what he is saying is true and a real threat going forward, is TFII facing the same issues and what is their outlook?

Thanks


Sheldon

Q: Which would be the better buy for a 3-5 year hold? MG or TOI ? Thanks

Q: Recent insider buying peaked my interest in these two micro caps. Which do you like better and why? Would you recommend buying one or both of these for a high risk microcap portfolio? Or just stay away even for a higher risk portfolio?

Q: Hi 5i,
May I please have your thoughts/comments on the recent Q4 results from NanoXplore?
As well as your thoughts on the company overall and is it a good stock to invest in long term? Or are there others in the space that you would recommend over NanoXplore?

Thanks!

Q: Hi Peter

In the latest update to the income portfolio, the entire position in TCL has been sold to invest the capital in other quality names.

Is it possible to let us know some of the names you have in mind for deploying this capital?

Q: Further to yesterdays Q and A re HISA, Evolve's US dollar savings account. Not yet a month old and less than $30 mill invested so far, is this a safe place to park my US dollar account cash i.e. equivalent to my Canadian cash parked in PSA?
A few months ago I asked if there were any US dollar savings accounts similar to PSA and you didn't know of any. Are there any other offerings in this space that should be considered?
Thanks. Peter

Q: another divvy raise at Savaria Any other thoughts on SIS at this time.


Thx