Investment Q&A

Q: The BMO cl B were bought Dec 2014 and have dropped significantly. In the mail we received the option to convert shares into non-cumulative floating rate... Is this a good thing to do? What is the advantage to convert? They are held in a registered account. Are there any other options to recoup our loss. Thanks

Q: Currently 25% of my portfolio, is in individual US Stocks.I have recently sold some positions and I am wondering the best strategy on re-allocating the money.

Should I look at US stocks as part of my total portfolio and add in sectors and areas that I need more exposure too? (in stocks)

Or should I be looking at trying to get total portfolio diversification in US funds?

I was thinking IWO would add diversification with growth over time. At the same time I think Google may do better than IWO; however it isn't as diversified.

Also have 18% of my portfolio in tech, so should I pass on Google? I believe Google is becoming a stock that you can buy and hold for a long time and do well.

As always thanks for the advice. Cheers.

Q: Recently I overheard a retired investment advisor talking at a luncheon I attended. He said that since the liberals were spending so much lately that they will be soon looking for ways to increase government income. His feeling was in increase (up to 75%)in capital gains tax. His suggestion was to sell anything which had large gains now. This kind of concerns me as I hold shares in firms like Bell and others which I have had for over 30 years. Thank you for your thoughts on this. I read all the questions people submit and feel I am learning a lot from them
Ken Beatty

Q: Hi Peter;
I am looking to purchase two energy stocks that have a majority of their portfolio in natural gas, a medium and a large cap. Would Birchcliff Energy (BIR) and VII Seven Gen do the trick? If not, which ones would you recommend?
Thanks,
Ron

Q: There is a report in the G&M today that it may be time to trim BMO as it may be a little over priced now based on its historicals. Interesting I was thinking the same a few days ago and am contemplating selling my holdings. I have not yet sold as I really don't see much to buy at this point from an income perspective. Thoughts on BMO and possible stocks to rotate into? Thanks in advance.

Q: I purchased these two stocks quite some time ago for the dividends. I have small capital gains on both. Would you please give me your thoughts on these two.

Q: I own eleven oil and gas stocks as listed above in a $2.5 million portfolio. My advisor recommends selling the first seven stocks on the list and adding to the last four positions. I'm primarily interested in capital gains with dividends being a secondary consideration. Would you recommend selling the first seven stocks? If so, what gas and oil stocks would you choose as replacements? Thanks for your advise.

Q: DBO is planning to get permission from stock holders at its annual & special meeting on Aug 17,2016 for a ten for one reverse split.In my experience this is never good for small investors because once the reverse takes place the value of the stock invariably drops.If it goes through, should I sell? Could you tell me why they are doing this other than to attract larger buyers who can't purchase stocks under 5 or 6 dollars.DBO has 175 million shares out. What do you think of that number? Does it need a reduction. As always thanks for your advice in advance.

Q: Ron Joyce has been selling shares in JE for the past week . Significant ?

Q: I would appreciate you thoughts on Manulife Asia Equity Fund. I own a small amount with a slight capital gain. Would you recommend buying the fund to diversify my holdings outside of Canada? Is the fund well managed?

Q: Exxon is making a 2.5 billion dollar bid for Interoil in Papua
New Guinea.(Globe and Mail) Do you think this will be positive for HWO ?

Thanks

Q: Hi
Thanks for your great service. Looking at taking a position in this company for a long term hold.
Would this be a good time to take a position or wait still a bit for commodity market to settle.
Thanks
Kevin

Q: What is your overview of this $ 2.70 ...Hi Div. 11% .. little cutie. Short. med. and long term. Thank you.

Q: Further to my earlier question re Noranda Income Fund NIF.UN. What does the statement released early this morning actually mean for the short, med. and long term for this low cost hi div paying company? Thank you.

Q: I am considering selling Badger to buy New Flyer Ind. as I believe NFI has better prospects over the new year or two. Would you agree? There is only a small capital gain on BAD and the portfolio is otherwise balanced.

Q: Biosyent is showing good momentum. Could you please advise if there has been any serious insider buying in the last few months?
Thank you, Peter

Q: Hi, I'm considering PUR,PEO and GUD for my TFSA. What is your current view on these presently. Which two, have the best up side potential in the next year or two? THX

Q: What do think about this company,is the div. eligible for cdn. div. tax credit and is there a US withholding tax, since it invests in US reits.
Thank you..

Q: Thank you 5i for your excellent service!!!

I have divided up my portfolio into thirds.
One third is a diverse group of ETFs.
One third is cash and a group fluid group of stocks made up primarily from stocks you recommend. SJ, CCL, SIS, KXS... etc.
One third is made up of the seven stocks listed above. Do you have any concerns about any of these being a long term hold. I know Magna is cyclical but is that a concern?
Cheers,
Bryan

Q: Hi, in follow up to my previous question, what are your thoughts on these three possible additions to my TFSA. Again, in your view which two have the biggest up side potential for the next year or two? Thanks