Investment Q&A

Q: Hello. My 31 year-old son has been diligently saving for his future retirement, and has a combined portfolio of $80,000 (TFSA & RRSP). The money is mostly divided between Canada (45%) and USA (44%), with a small bit in the International market (11%). Under your advice last year, he sold his Canadian ETFs and bought some individual stocks. The result is amazingly better than the index, so THANK YOU!

Now, I'm wondering about his US portfolio. In the US part of the portfolio, he has several ETFs: VFV, VGG, ZLU, XSP - 42%, ZQQ- 18%, Health - XLV - 12%, and a remaining $10084 CAD cash (28%) that can be dedicated to US equities. What should he do with the money?

Alternatives: 1) increase his US ETFs. 2) buy individual stocks. 3) wait until the dip...
What should be the strategy for this portfolio? I'm interested in buying GOOG for him for a long term hold, but the price is too high for such a small portfolio. Any thoughts or suggestions? Thank you!

Q: July 6 ?'s re the Tahoe mine closure suggested a 'more to the story' aspect. This link is interesting:
https://srsroccoreport.com/worlds-2nd-largest-silver-mine-shut-down-implications-for-company-market/

Q: Hello 5i team,
When the US Fed or the BOC talk about raising rates, are they talking about the short term or longer term rates. Do they consider the effect of such a move on the shape of the yield curve?
Thanks,
Antoine

Q: I am interested in PUR but the stock seems incredibly expensive on a P/E
basis for a company which has disappointed with flat earnings for a while.
Even their dividend is not covered by earnings. Can you explain why you like it so much?
Thanks

Q: Good Afternoon: I am thinking of increasing my exposure to the materials sector (principally North America but am open to international) and would like to do so through an etf. I already have an approx. 7% exposure to energy (mostly Cdn.) and less than 1% each to gold and materials. Would you please recommend an etf that you believe to be a good option for me here. Thanks.

Q: Some of the retail reits seem to be hurt by the Amazon expansion,which reits do you seem benfiting?

Q: Hi 5I just reviewing our positions and two laggards of late are fcr. and exe. Not concerned about holding them but wondering about replacing them for a better dividend or potential growth. Your thought would be appreciated.

Q: Any idea why the recent price weakness in ULTA and would you advise initiating a position or waiting.
Thanks.

Q: I have a small fund for grandchilds .My allocation is 30% Emerging markets ;
30%international developped and 40% CANADA.
For the Canadian portion would you have specific company that are proxy
for the general economy.

Q: What odds (high, medium, low) do you put on Riocan's strategy of building more residential on their existing properties having a 'worth while' impact on growth or dividend increases over the next 2 to 3 years?

The Financial Post reported Jan 2017 "The Toronto-based company has a portfolio of about 300 malls across the country, and is seeking to redevelop stores and add housing to at least 50 of them." Link to story: https://goo.gl/HZQQxG

The dividend increases have been small and infrequent over the last 9 years: Jan 2013 up 2.17% and Oct 2008 up 2.22%. Earlier dividend increases used to be roughly annual.

Note that I don't need the income from this stock, so it may be time to move on.

Thanks!

Q: Do you have an opinion on Yamana Gold? This stock used to be covered by a bunch of analysts, including on BNN, but I hardly hear anything about the company anymore. I own some shares, so I'm wondering it it's still worth holding.

Q: The recent cashing in of my pension has left my account with a lot of cash that I have been hesitant to deploy in the current market environment. Rather than outright purchasing some of the names on my watch list, I am considering selling calls on the stocks I would like to hold. This way I can collect a premium which is a bit of compensation if the stock goes up and I miss out, and if it goes down to the exercise price I end up owning a stock I wanted anyway at a lower price and with the option premium. Does this strategy make sense to you? If yes what would be your guideline for expiry dates and strike prices and can you suggest any good candidates for this strategy from the BE and growth portfolio?

Q: I am retired and able to live comfortably on
my Federal government superannuation, OAS and CPP.
Can you recommend a single stock for a TFSA, in which I currently hold a full position in ENF and a double position in AYA purchased when originally recommended by 5i?

Thank you for considering my question.

Q: Hello 5i,
There appears to be a large seller dumping shares of STC through a TD brokerage account. I noticed other insiders had been buyers very recently in the low 80 cent range. Do you think this is a decent opportunity to buy some shares on the dip? I currently have a half position in STC as part of a small/micro cap growth portfolio. Thanks.

Q: Do the high p/e ratios on these stocks concern you or does their future growth take care of that? Also, are their dividends sustainable over the long term? Morningstar reports a low ROE on BEP and BIP, yet they are ranked as a high quality investment. AQN,BIP-UN and especially BEP-UN also seem to have high debt levels. Are these still good buys? thanks

Q: Between June 22 and June 26 FCC announced plans to aquire/merge with ColbaltTech and Cobalt One.

FCC has not traded since June 22. What is happening here? What process should shareholders expect? When will shared trade again?
Thanks!

Q: Hi,
What is your current view on this stock? thanks Clare

Q: I have heard and read positive comments on Teck Resources. Most seem to see it as undervalued. Do you agree and would you recommend entering the stock at this point. As much elaboration as possible would be appreciated.

Thanks

Q: Hi 5i,

With the recent positive trends finally returning to Canaccord would you consider it a good opportunity to buy for some growth?

Thanks,

Joe

Q: (FTS) P/E is 22x, OP Margin 23%, Yield 3.6%. CFRA stock report says: SELL! Thompson Reuters says: BUY! I have a good chunk of the stuff! What to do?