Investment Q&A

Q: A member reported that TD Direct charges a fee for moving funds (via Norbert's Gambit) between CAD- and USD-denominated RRIF accounts. I cannot confirm that this is the case, but it bears noting that, not long ago, TD added a transfer function to WebBroker, such that account holders can execute Norbert's Gambit themselves. I have used this feature for this purpose (between CAD/USD RRSP accounts) and paid no fee - except, of course, the trading costs for opening and closing the position, which, at TD, for a smallish currency move, might well exceed 1.5%. Put another way, being thrifty with brokerage expenses might have more to do with minimizing trading costs than with occasional service charges.

Q: Which one of these 3 technology companies would you pick (for a 3-5 year hold) and why

Q: Hello 5i,

We are looking for advice on stocks that should be held in a US account rather than a CDN account. Our RBC RRSP has both CDN and US funds available. After reading several questions and answers it is clear that we are very confused about this topic. We are hoping questions below can help us grasp a general rule of thumb on which currency should we purchase and hold stocks for our RRSP's.
e.g.
1. should stocks that pay dividends in US funds be held in the US account or CDN account if they can be purchased in either currency? i.e. AQN, BAM
2. if we buy a stock such as Google (no dividend) to hold for a long time should this be purchased with US funds or CDN funds. Is this a stock that should be in a TFSA instead of an RRSP?
3. if we buy and sell lows and highs on stocks without dividends such as AMZN, and BABA, (2-3 transactions per year) should this be purchased on the US or CDN side of our RRSP.
4. if we are to purchase an ETF that pays a dividend in US funds should this be purchased and held in US funds?

Thank you for your help.
Debbie and Jerry

Q: Good Day. Is it common or normal for a utility type company (i.e. Cdn Utilities) to have a negative free cash flow yield? Tx.

Q: Can I get your opinion on the latest quarter. Thanks!

Q: Good afternoon 5i Team,
Looking for the advice on building up the portfolio.
I currently have CAD RRSP and USD RRSP accounts worth $10200 and $8500 respectively.
I hold 4.3% of OSS shares and 11.4% of TRZ shares in CAD RRSP currently.
My question is whether I should still hold 2 accounts in both currencies or consolidate them in CAD going forward?
Also, what would you recommend to invest in? Risk - moderate.
Thank you and happy Friday

Q: What drives price changes in Canadian-traded ETFs holding US securities on days when US markets are closed? Is it after-hours trading prices of the underlying securities, or something else?

Q: Moving a Canadian stock to the U.S. side in order to keep the dividend in U.S. $.
Is it best to convert money to the US and then buy stock or just buy stock and then convert to the USA stock? Do you end up paying less or is it same? (I.e Fex fees).

Thanks for the great service.
Hector

Q: Hello,
I own both of these ETF's in my RRSP. The position in VAB is higher by 3 fold as compared to XLB.
I will be adding to one of these with my 2019 contribution. Given the outlook for rates (I lean towards the notion that they have most likely peaked), I was going to increase my position in XLB. Would you agree with this decision or would you favor VAB? As background, I am retiring in 13 years if that helps.
Secondly, do you view preferred shares and corporate bonds issued by public companies comparable in terms of asset categories? Both respond for the most part to movements in interest rates as best I can tell but would like to get your opinion please.

Thanks,

Dan

Q: Hi,
Why is a small sleepy company like Cogeco growing faster (than T and BCE) especially in the last one year? Would CCA be a better bet for long term growth? Thanks.

Shyam

Q: Should I be starting to worry about this stock?
Am retired investor down $3.00 but that is OK as bought as long term investment for its dividend.
Is the dividend secure?
Are they running into problems/ cost overruns on plastics plant they are building,trouble getting financing or partnership for it?
I know anything to do with oil (especially in Canada) is acting poorly but IPL is lagging the pipeline sector.
In my RSP so tax loss available.
Is 3% of total RSP/TFSA/cash portfolio.
Does the street know something the average joe doesn't?
Comments / Suggestions?
Thanks
Derek

Q: Good day Ryan and Peter. I would appreciate hearing your opinion concerning HTL last Reports Financial for the Quarter-Ended March 31, 2019. Do you believe that the recent stock price decline could represent a buying opportunity ? Much appreciated. Stéphane

Q: hi ryan, peter...What do you think of wells fargo.. Do you think it could turnaround.. When is the new CEO going to be appointed.. . yhanx in advance, Cliff

Q: Is the Canfor balance sheet "OK"? I'm thinking about buying some shares of this cyclical stock. The sector and the stock have been hammered pretty badly. I think forest products will eventually recover. Would you recommend staying on the sidelines for now?

Thanks.
Ed

Q: Great article in the Van.Sun d/d Feb 26. on Stock Screening.1)New Highs 2) ROE(U use above 20%) 3) Earnings & Sales growth( above 20%) 4}Low debt & 5)Dividend. Under u Bonus screen,there are 5 companies that meet above criterias except the Dividend screen.Please advise the 5 companies.Are they buyable now? & are they in the 3 potfolios.Thanks for u usual great advices & services.

Q: I just found out that TD Direct does not allow Norbert's Gambit to transfer funds to/from Canada/U.S. within a RRIF. Their fee for moving the money is near 1.5%. Do you know of any discount broker that allows Norbert's Gambit within a RRIF? I am prepared to move my RRIF if so. Thanks. Rick.

Q: Which of the above companies do you see leading the race into the transition into clean energy in the future. Some probably already hold exciting knew patents on future forms of clean energy. Maybe also a good opportunity now to buy them as they trade lower with the price of oil.
thanks Gord

Q: I bought PKI around 5 years being impressed with management and it has paid off.
However, I am slowly extracting myself from the oil and gas sector.

Could you give me 3 suggestions for replacement that mirrors the management quality and growth prospective of PKI. Any sector ( X o and g of course).
Thanks
Derek



Any sec

Q: Good day,

I currently have 15K$ in KXS, PHO, SIS, PBH, TSGI, TOY, DOL, PXT.
Are any of these stocks I mentioned worth dumping at this point?
Also, I have 10K$ in cash that I would like to invest, what would you recommend from the three portfolios as medium risk?

Q: hi folks:

as a followup to my earlier query on savaria's accounting i would like your further comment

sis employed hedges when it had ZERO debt , claiming it wanted to smooth out earnings variation caused by currency --- in those years this hedging cut profit in half

today they have debt which, along with the hedges, is impairing profit --- revenue is up 55% while operating income rose half that amount and EBITDA, (which is a phoney figure) is even less.

their accounting is unnecessarily complicated which always concerns me

if you look at a big company, like Teck or LNR, the reporting is 'fairly' straight forward

in my opinion these SIS guys try too hard to look better than they are - and are potentially just awaiting the next acquisition to get back to growth

comments?

thanks