Investment Q&A

Q: Hi Peter

I need to park some cash for a condo purchase in about 6 to 18 months. I'd really appreciate your advice on how to do that with a product that is guaranteed and that I can cash out at any time.

A one year cashable GIC currently pays 2.25%.

What about Money Market Mutual funds? TDB2914 pays 2.73% but is it guaranteed?

In one of your answers, you referenced PSA as basically a high interest savings account. Are there risks with this? According to Yahoo it yields .93% and according to the Purpose Management Fund website it yields 3.3%.

Is your advice on this changing with the recent rapid rise in interest rates?

Thanks so much Peter!

Q: is there a ETF that offers me investments into Private Equity holdings, verses Public Equity

Q: Recently rejoined 5I after fantastic run in earlier years and have dipped my toes in LNR. Plan to add increments regularly ( I live in Guelph). Agree?
Also can you advise on 3 best buys over the next 3 years.
Thanks,
Alex Reid

Q: What do you think of BLN’s earnings? TD thinks it is turning the corner and has a price target of $6, FWIW.

Q: What is your view on Gold? Is now a good time to start accumulating the position? Please also provide top 3 your favorite name.

thank you,

Q: Hi, I apologize if this question gets asked a lot but I'm wondering if you could provide me with your thoughts on where you see the market heading. It seems inflation is persisting, although Kevin O'Leary I think made a good point the other day when he commented on how the USA inflation numbers stats don't reflect recent price declines in housing (there is apparently a 6 month or so delay on these stats). I keep hoping to see a recovery getting started but there seems to be little reason for optimism. Thank you.

Q: Would you be fine adding this to a portfolio for income? Do you like management and recent insider buying? Is the book value a good metric for buying this stock as well? Thank you.

Q: If I was to sell Air Canada today for tax loss purposes what would you suggest replacing it with for a 30 day period (or longer)? Or perhaps I should just sit on the cash and buy it back after 30 days?

Q: HI 5i staff. Can I have your take on HAI's recently published financial results. Do you think the worse is over for this company and continue to hold it as a long term hold or should I purchase something else with better growth potential?
Thank you

Q: Butterfly Network (NYSE:BFLY) Cathy Wood bought it. Would you?

What is it's potential?

Can you explain in layman's terms what it does & who buys this stuff?

Thank you.

Q: Good evening
BCE, according to a financial analyst, paid 114% of profit in the past year as dividends. As well , BCE paid 351% of their free cash flow in dividends during the last year.
The analyst further concludes that this is unsustainable and that BCE dividend could be cut.
Can you please provide us with your opinion regarding the sustainability of the BCE dividend?
Thank you

Q: I have a loss in VEEV of 30%. Was thinking of ROKU as a buy. I am equal weight between Consumer discretionary and healthcare with better diversification in HC.
Which as better growth ahead? Which do you prefer?

Q: Your thoughts on this stock and hold /buy attractiveness?

Q: First thanks for the swift turnaround response for ADBE, yesterday. 
Now my focus is on Consumer Discretionary stock positions. I hold Canadian positions in ATD, BYD, DOL and PLC and then for the US, AMZN and HD. 
For the Cdn positions, all exceed the target weightings. But for AMZN, which I recently added to, the portfolio for this stock is underweight by 1.2% and for HD, underweight by 1.3%.
At this time, the total CD sector portfolio weighting is  13.5% compared to a target of 10% but me, comfortable going overweight this sector as I shy away from energy and materials.
I'm inclined to add to Home Depot next. What are your thoughts about adding to HD, especially looking forward to a brighter horizon?
Another one is ATZ which I have held in the past. Wondering about buying ATZ in the near term or wait awhile???
If there are other companies in the CD or Cyclic sector that you think I should consider for the brighter future, I'd be pleased to know about them.........Much thanks..............Tom

Q: Hello Peter,
Given your response to Topicus, is the company following the same strategy as it did for CSU? If so, given that its presence in Europe and that it trades on Venture exchange with little coverage, can you see this stock doing well in the longer term? Also, why would CSU not focus on getting the company to trade on Toronto Exchange? Lastly , Tecsys has been on the decline.. Any major reason as i thought this would be a good long term hold? Thanks

Q: Please educate me on the lack of insider activity on this one. The news sounds very positive yet no insiders seem to be buying in the public markets or otherwise adding to their positions, that I can see anyway? I realize that the insiders have options so can you tell me who holds these options and what the terms are?

Q: Your comments please on the FDA clearance. Any idea what the size of the market is for their product? What is their cash situation like... does it seem likely that they may need a financing round in the short term? Thanks.

Q: Your opinion on HISA, please... The ETF sponsored by Evolve Funds. Also The HISA in US funds for short term holdings. Thanks

Q: Hi there, I'm building a portfolio based on the 4% withdrawal rule. I read a study where based on country specific stock market data, the 4% withdrawal rule only worked in Canada, US and maybe 3 other countries. Based on this study and using history as a guide - if one were to build a portfolio with 50/50 Canada and US exposure, would it be best to use VCE and VFV or VCE and XSP? Also, if VCE is not the most appropriate Canadian ETF, what would be the most suitable? I've seen XIU, XIC and VCN often mentioned, but it appears like VCE has a slight outperformance?

Thanks!

Q: Hello Peter,
Thanks for your explanation to a question asked earlier on BAM; sorry, are you able to expand a bit. If one owned 100 shares of BAM, what would happen as you mentioned 1 for 4 basis. Does this mean BAM will still trade as BAM, and another company will trade as XXX, but as a shareholder 400 shares would be in the account or 25 shares? Also, what would happen to BIP, and BEP as there seems to be an overlap.. Much appreciated. Finally, if one owns BAM today, should one just stay put and hold the shares... thanks very much