Investment Q&A

Q: With the recent news on Obsidian energy seeking $100 million of unsecured fixed income, How does one find out what OBE's bond rating is? B plus or higher or lower?
Not an investor of this company, I just find this strange in the present environment, but understand why they would pursue this avenue.

Thanks, Barry

Q: Hello 5i
Please give your thoughts/opinions on MGM Resorts and International Game Technology, presently, and their prospects going forward. Would you own them today? Thank you, Bill

Q: What are your thoughts on Restaurant Brands International as a buy today if looking at a 3-5 Year Time Horizon. Do you think a lot of the performance will be dependent on their aggressive expansion plans?

Q: I would like to add one of AP.UN, MRG.UN, or SMU.UN to my REIT holdings. Can you rank them in terms of which one will likely provide the best combined return (on yield and growth) for a three year hold? Or if there others I should also consider? Thanks.

Q: XIN makes-up 1.50% of my portfolio. Should I add to it or purchase shares of XEH as suggested?
Thank's for your comments.
Ron

Q: My question is about deciding when to invest. I've used your resources to come up with an income portfolio; however, I'm curious if you have any sort of outlook on the optimal time to begin? Also, as a student, would you advise I hold off until I have more disposable income?
Thanks!

Q: PEA, is it time to buy. Is the valuation compare favorably to debt and risk?

Q: If you had to pick one to add to today in a TFSA which would it be?

Q: Do you see a switch from NFI to CAE being long term profitable at this time?

Q: Hi 5i,

My question is in regards to tax loss harvesting. I am down, in our non-registered accounts, anywhere from 10-30% on Magna, Methanex, NFI, Vermilion, and Great Canadian Gaming.

I like all of these companies and would like to have them in my portfolio as long term holds. My time horizon is years, if not decades. I don't mind the volatility of these stocks at all, nor do I mind being down (on paper) significantly at any point in time with them - I understand these are cyclical names. Dividends, and dividend growth, from most of them ease any short term frustration.

All of that said, would you recommend crystalizing a loss on any of the above? Do you see any catalyst for short term price jumps (earnings?) that may cause me to get caught buying back in at a higher price in 30 days? And if harvesting a loss is the way to go, would I be better off keeping the proceeds in cash to buy back in after waiting? Or park it in comparable securities? If so, any suggestions?

Dollar-wise, the amounts are significant enough that trading costs aren't really material. The only other variable I should mention is that I don't have any capital gains (realized) to use the losses against, so it would just go "in the bank" to be carried forward to the future.

Lots of parts to that question so deduct credits as necessary.

Thanks, enjoy the long weekend!

Q: What is your opinion regarding this company as an opportunity to realize a significant capital gain over the next couple of years? Can the upward momentum be sustained?

Thanks

Q: My wife and I own POW and PWF respectively in our taxable accounts, both purchased earlier this year. There was an article in the Globe & Mail a couple of days ago about shareholder dissatisfaction with corporate governance, specifically referring to members of the Desmarais family.

https://www.theglobeandmail.com/business/article-power-corp-faces-shareholder-dissatisfaction-with-company-governance/

Any thoughts on this article? I get the feeling that this is not a new issue. Thanks.

Q: Hi,
I have held CDZ in 2 accounts almost forever. I even added to them in Jan 2017.
It shows a 3 % gain after all this time.
Does that seem right ?


I

Q: Your current thoughts on investing in this stock. Seems to have a lot of momentum?

Q: Tucows is continuing to fall quite dramatically. Other than the poor earnings result a couple of weeks ago, is there any reason for this ongoing drop? Thanks!

Q: Can I please get your thoughts on CareTrust REIT (CTRE).

Thanks

Q: Hi,

I own both versions of TRI stock and it does very well but I'm worried its momentum is unsustainable. If you look at a five year chart, it's becoming parabolic. Why is this company doing so well, has such a remarkable beta, and what are its prospects in the next five years?

Q: What are your views on PBH given the investment to be made by CPPIB and other investors?

Q: I just noticed that the May income portfolio is more than 10% in cash. Is it normal ?, or it due partially to the sale of Valener, ?, if not, are you setting aside some cash for future deployment in a market downturn ? , what would you buy then (or now) ?.
thanks

Q: I am in my late 70's and need to add to my real estate sector in my TFSA and would appreciate if you would rate these three trusts in regard to quality and safety. Do you have any other trusts you would recommend. I use the dividends in my TFSA as a major source of income.
Rio Can. REI.UN, H&R Trust HR-UN and Brookfield Properties BPY-UN

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