Investment Q&A

Q: According to KPMG, the Finance Minister has telegraphed that she will not be increasing the capital gains inclusion rate in the April 7 budget. That being said, never say never. I currently hold ITP with some accrued gains. Does it make sense to sell my holdings and crystalize my gains and then buyback my shares to take advantage of the still existing arbitrage opportunity? Is this what you would do if you were in this situation? For tax purposes, if they change the inclusion rate, would it be based on the trade date or the settlement date? I understand there is no 30 day waiting period to buy the shares back, but can I buy them back the same day that I sell them, or do I need to wait until the next trading day?

Thank you.

Q: Hello,

Can we buy Starbucks via the CIBC CDR?

For CDR stocks, would you buy them in RRSP, TFSA or cash account and why?

Q: Just a clarification on the "superficial loss" rule for your readers...you can buy the stock back within 30 days but the capital loss you would have claimed gets added to your new adjusted cost base and can be claimed when the shares are eventually sold. I've had to do that a couple of times to prevent the stock from running away from me during the 30 days.

Q: What are the best types of stocks to include in TFSA for long term hold (15-20yrs) with medium risk tolerance? Growth only or growth + income? Have heard that dividend stocks in TFSA can be good as income can compound over time tax free but if the growth outperformes the dividend yield would that not be better? Also could you include your top 10 Canadian picks right now for allocation in TFSA (sector doesn't matter)? Thanks

Q: Looking at archived questions you had a favourable opinion of CME Group in the past is it still a good investment? What are the postive attributes and are they any negative things to be aware of - am thinking of including in my US $ RRSP.
Thanks

Q: Hello Team,

I have done a lot of due diligence on TSU. I think their miss last quarter is not indicative of a wider issue. Could you please provide your view of headwinds or reasons as to why this name would not work out? Also, at what point would you add to an existing position?

Q: Has 5i heard any explanations for the 10% drop in this stock today?
Thank you. Edward

Q: Your thoughts on these companies. Both are showing positive momentum of late. Which would you lean towards and/or could you point out a possible EFT in this sector.

Q: Hi
In a past question I was provided these US stocks to purchase: VZ, DUK, GILD, ABBV, O. I was looking for: low to moderate risk and high dividend yields I am again looking for another 5 to 7 stocks with similar criterion. As I am trying to build a US portfolio, please provide some diversification suggestions as well. Thanks, Len

Q: the metals are taking a shellacking today, do you know the reason?

Q: Looking to lighten the load on above names. In terms of growth please rank their prospects over at least 3-year time horizon. Thanks.

Q: Hi 5i,

In a recent newsletter by Richard Bernstein Associates they talk about a coming paradigm shift for investing in the next decade. They talk about the breakdown of globalization and the persistence of higher inflation and that asset class leadership will change.

They suggest the new paradigm will be to move away from long-duration assets (i.e. growth, technology, cryptocurrencies, residential real estate, and long term fixed-income) and that the longer term opportunities are in pro-inflation assets such as energy, materials, industrials, commodities, commodity related countries, gold and some real estate assets.

Question 1
I know no one can predict the future of the markets but I am interested in getting your thoughts on their paradigm shift idea?

Question 2
How would this paradigm shift be viewed through the lens of an ESG type of investor (i.e. someone that doesn't want to invest in fossil fuels, companies that wreak havoc on the environment, etc.?)

Thanks!

Q: Could I have your views on the latest quarter. Any changes to the high monthly dividend.

Q: Greetings 5i,

AVAV has poped up and seems interesting. What does 5i think of this drone company? It produces and works on Military drones, Agriculture drones, surveillance drones, research, etc. Has had quite a run up lately.

Cheers!

Q: Hello,

Can I have your thoughts on the 1-3 year potential this stock? Thank you.

Q: Good afternoon 5i team,

WM continues to perform poorly, what is your view of the stock at this time?
How important is the appointment of Tony Manuch as Chairman of the Board today?

Thanks,
George

Q: Ross Healey on Market Call this morning was asked a question about WSP . He didn't just dislike it he said " it belongs in the trash bin " and went on to make a case that it was WAY over valued . He was scathing in his criticism ...... I own it and sitting on a 278% profit and because of that rise it has risen to an 8.4% position ..... Which is a tad over my comfort level but not unduly for a blue chip company . But I've got to admit he scared me a bit .... Could you comment on his thesis ? Thanks Garth ....

Q: Hi,

The drops in SBUX, is this a good time to start a position? Obviously the Howard has a lot of experience and is a good capital allocater. If he thinks the company is better served by investments rather than repurchase..that should be a better move. What are your thoughts? Thanks.

Shyam

Q: Your current thoughts on TER please. BUY, HOLD or SELL at the current level

Q: When I look at the financials of goeasy I see a growing top and bottom line. Cheap valuation but my concern is the negative free cash flow. Can you please help me understand this and how concerning is it. I've been running a DFC model on all my stocks and don't like to see negative numbers