Investment Q&A

Q: Can you speculate what might be in the minds of those who have been selling off goeasy very hard over the last couple weeks, presumably over the tariff situation? I stuggle to see the connection.

Q: Hi,
Currently holding 2.46% position in HPS.A. With its larger revenue exposure to Canada and Mexico and impact of potential tariffs, does it make sense to diversify/trim and move some funds into POWL or PWR and which would you choose between the two currently? Thanks!

Q: What are your thoughts on this company? If the technology is as good as being touted there are many potential good trends that could impact their volumes (growing infrastructure spend, greater use of hydrovac trucks for civil related works, increased weather events etc).

Being small and located in Canada I would think tariffs could be a big headwind for the company as many of their sales / partnerships are focused in the US. I would think also being in the heavy equipment sector their margins are somewhat limited so not a lot of room to 'eat' margins in case of tariffs (and inability to pass on costs).

It seems down 30% from it's high and probably pretty speculative but interested on your thoughts. Thx as always - you guys do a great job!

Q: Hi Folks,
May I have your thoughts on BEPC and BIPC. I am thinking of selling my shares in BEPC (breaking even) and buying BIPC which seems to be doing better. This would be in my TFSA.
Thanks

Q: Is this a good buying opportunity?

Q: Tarrifs: assuming the market has a massive overreaction, what should I buy, what should I sell (perhaps nothing given long term hold strategy) and what can you say in general about the impacts and opportunities this will present?

Thanks

Q: I've seen these high yielding products before and just noticed that a few are now available on the TSX. I'm curious as to what your thoughts are on this type of product and how they work. I noticed the yields are pretty extreme and particularly on MSTY. I'm assuming this is maybe due to the high option premiums and volatility on the underlying MSTR?
Is there any rationale to a short term hold in this type of thing if you believe there's at least short term upside in the underlying?
(I considered buying MSTR last year but put it off. I think it maybe has a few months to a year of upside still if the Bitcoin cycle continues. Being able to buy in MSTY in $C is a plus and avoids exchange rate fees if buying and selling within a few months/year).

Thanks!

Q: I looked on Fundata on this ETF and it says
Management Fee. 0.18%
MER. 0.20 % So does that mean I’m paying .38 % in total to be deducted in total and when would that be payed and also do you think this is a decent ETF to just kind of set and forget,possibly. thanks

Q: Planning to buy one of these for a 3 to 5 year hold. Give me your ordering based on total return. Much appreciated. ram

Q: May I have your comments on earnings please. BEP

Q: When journaling a Canadian stock such as TRI to the US side of an account how would trading platforms calculate the book value (ACB)? If/how differing exchange rates at the time of purchase, journaling and sale affect the calculation of capital gain? Assume that the stock was purchased when the exchange rate was much lower.

Q: What is the story on this company. Vectorvest shows pe of less than 3

Q: hi Peter
can I get your assessment of Lutke as CEO of Shopify, referencing the recent article in the Globe and Mail, "Shopify CEO Lutke says Canada's tariff response 'the wrong choice'. in particular what do you think of his judgement ( and his COO kaz something?? )as he is stating he thinks the Trump tariffs are due to border/fentanyl issues? further, do you see risk owning Shop as his comments may not sit well with many Shop users, and Shop investors. seemingly obvious lack of judgement (or bare faced kissing the ass of Trump and Americans), one wonders if many will see these 2 little immature tech bros in the same light as the out of control Musk of DOGE. I'd appreciate your thoughts on Shop in light of these 2 tech bros.

Q: Hi 5i Team,

My expectation is that the CAD will continue to weaken based on many factors including the trade war, weak economy and continual decrease in interest rates and that there will be good opportunities in the resource sector for companies that have assets based in Canada but sell their their commodity in USD (ie companies like AEM have or CNQ). Would you agree with this thesis? If so, what other resource companies would fit this profile?

Thanks as always,
Jon

Q: I would like to establish a position in the cyber-security sector.

Do you think a basket (ETF) approach is better or a focus on individual companies?

If the latter, please recommend your top 3. Also, are there any small-to-mid cap options that you like here.

Thanks as always.

Q: What should I do with PLTR?

Thanks for your service!

Q: Questrade will now let me journal voucher stocks online for no charge until April 1. What would be the advantage to do this to my dual listed TSX and NYSE stocks? Would it just be making a bet that the US dollar will continue to gain on the Canadian dollar?

Q: Hello Peter and 5i Team! it is an RESP account.

A new granddaughter born this year has a tiny new RESP in her name. It started with 3 shared of IUSG, and then, realizing that commissions were a large percentage of such small purchases, we added 2 shares of ZUQ, which has no commission.

For future small contributions, I am looking at these 4 ETFs, based on 3-year average annual return. I am specifically wondering about MER vs Tax efficiency:

ZUQ: +13.44%/yr, MER=0.33%, yield=0.60%, holds US stocks directly
VFV: +13.36%/yr, MER=0.09%, yield=0.99%, holds US stocks indirectly through VOO
XUS: +13.36%/yr, MER=0.09%, yield=1.03%, holds US stocks indirectly through IVV
ZSP: +13.30%/yr, MER=0.09%, yield=0.94%, holds US stocks directly
(as far as I know, none of these are hedged)

Generally I gravitate to low MERs, so perhaps ZUQ is not the best choice.

I recall a comment on 5i that the indirect holding of US stocks means that the withholding tax is withheld when the underlying US ETF pays dividends to the Canadian holding ETF (e.g. VFV get the dividend from VOO, less 15%). So holding in a TFSA won't avoid it, whereas it would be avoided with, say, ZSP in a TFSA.

So, my question is: do the 3-yr performance numbers take all of this into account? I am guessing not... withholding tax efficiency depends on the holders nationality, sheltered status, etc.

Bottom line - which of these ETFs would you recommend for a grandchild with a time horizon of many decades, for optimal performance?

Thanks for your excellent insights and wisdom!

Q: Would this be a good international holding or is there better ones?

Thanks

Q: Hi,

As is my custom, I reviewed Q&A using symbol search and read your answers going back to Oct 2024. You have consistently given your "nod" to MU.

Of course it has been slipping even though it is not really in the same AI realm as NVDA. In one of the answers you even preferred MU to AMD! (That surprised me I must say).

Anyway, I initiated a position sometime ago. Didn't average down!

The questions are simple: Is this a good time to add slowly? Up to 2-3%. What about the law suits it is facing? Value stock or value trap?!
(With these companies that seems to the dilemma one is facing, especially trying to pick some good companies at a discount.)