Investment Q&A

Q: Hi 5i Team,
I have reasonably balanced portfolio. Looking for growth/stability in non registered cash account. What percentage among these would you spread cash over the next six months? Which ones first and what %? Long term horizon. Any others instead of these ones?

Q: Hi Guys,

I have bought Surge Energy over the past 6 months or so and I am down over 50%. One of my rules is to re-evaluate a company if it drops below 2% of my portfolio. If it stays below the 2% limit for a month, I have to invest more to get it back over 2% or sell my position. I have 2 questions:

1) Should the amount I already have invested influence me?
2) Would you buy or sell SGY today? I cannot just hold.

Thanks for your opinion.
John

Q: Hi there,
I only have a 4% weighting in health care and own JNJ. I would like to increase my health care weighting to 10%. I was thinking of buying some XLV, CCT, and GUD. (CCT and GUD would go in our TFSA's). How does this combo seem in terms of diversification, balancing risk and growth. Any other recommendations instead?
Thanks, Kerri

Q: Hi peter,
whats your take Guardian earning, 15% dividend increase is great.
Some analyst say Guardian shares are undervalued and could be worth north of 25$ if they decide to sold their bmo shares.
thanks

Q: Hello 5 I, Canada Pension Plan purchased 341,900 of Kelso recently and was wondering if I should get excited about this?

Q: Peter, one year ago I purchased IPL over Enbridge and it represents 3.5% of my portfolio. I want to continue to hold the same weighting in a pipeline but was wondering if I should switch to ENB? I buy and hold stocks for the long term.

Stephen

Q: Not a question, just a huge thank you for yesterday's conference. Thoroughly enjoyed you and Messrs. Rothery and Carrigan. Wanted to thank you in person yesterday but you were surrounded by fans. :-))

Q: I am about to invest based on your model equity portfolio. I noticed though that the yearly start date for it is March 31st. Are there significant changes made to the model at this time that might make it worthwhile for me to hold off a month before making my purchases?

Q: In relation to the question i just posted regarding portfolio construction, i have another question. In two different answers you give quite different percentages for asset allocation. I am surprised that there is such a difference in the two. One for "an average investor" gives this breakdown:
For the average investor, based against the TSX sectors, we would suggest these allocations; 
Consumer Staples  5%
Consumer Discretionary 10%
Energy  10%
Info Tech  15%
Materials  10%
Industrials (with some US) 15%
Healthcare  10% (with some US) 
Financials  10%
Telecom  10%
Utilities   5%
Enbridge and IPL do behave more like utilities, but the TSX includes them in the energy sector, so we do as well. Badger has 55% of its business in the oil and gas sector, but the TSX classifies it in Industrial Products. 

In the may 2014 post i cited earlier, which is for a "middle aged conservative" investor, it is like this:

May 05, 2014 (asked by paul)
Question: What sector weightings would you recommend for a conservative middle age investor, with a balanced focus on capital gains and dividends. Thanks
5i Research Answer:
On average, we would suggest a portfolio similar to this:
Utilities 15%; Financials 15%; Energy 10%; Materials 5%; Telecom 10%, Industrials 10%; Healthcare 5%; Info Tech 10%; Cons. Discretionary 5%; Consumers Staples 15%.

Q: hello 5i:
not a question; a comment. I often see people, when asking Peter a question, quote how many analysts are advising buy,etc. Peter hasn't held back on his opinion of this, so here's more ammo:
Concerning equities, an analysis by Bespoke Investment Group recently showed 48.3% of the 12,122 ratings on S&P 500 (NYSEARCA:SPY) stocks were "Buy" (or equivalent) ratings, 44.9% of ratings were a "Hold," and just 6.67% of ratings were a "Sell,"
need I say more?
thanks
Paul L

Q: Hello Peter & Co,
It seems that a few investors are taking some profit today in Health/Pharma & Info Tech; that's healthy as they had gained significantly lately. No need to panic and stay the course, right?
Have a good weekend,
Antoine

Q: Could you please send me the details on the Oceania cruise.Thankyou

Q: CBC will air investigation of EH loan procedures and it appears to be very unflattering, if last nite's National teaser is any indication (loan rates at 57% annualized); stock is off today; short-term or long-term impact?

Q: Could you please tell me what you see when you 'screen' MTGE? When I look at the fundamental data and ratios on the TD Direct Markets & Research screen, they seem fine. I'm no pro, so am I missing something here? 14% yield. 84% payout ratio. $1B market cap. Besides using a service such as 5i, what else can a retail investor do to determine if a stock is "decent" or "junk".
Thank you

Q: I own a small position in Ritchie Bros (RBA). I am requesting your comments on its quarterly results released last night.
Thanks, Tim.

Q: What happened

Q: Could you please comment on today's drop in the stock? Is there reason for concern? Is this a potential buying opportunity. They have had a history of increasing dividends.

Thanks,

OV

Q: Hi Team,
Could you recommend some mid to large cap stocks with a good combination of metrics such as: high ROE, low debt, generates good free cash flow and has the ability to diversify globally. In other words the "perfect" stock lol.
Thanks, you continue to impress and should be very proud of the 5i brand!!

Q: I have a comment and question. Comment: I appreciated hearing 5i recommending the purchase of Enbridge ENB for a U.S. investment. I don't feel confident about any company in the way I feel confident about the top 5i recommendations. Canadian-based companies that I believe are viewed highly by 5i and that trade on the U.S. exchanges include OTC, STN, BAM, BEP, ENB, FSV, BNS, SLF, GIL, Telus, DSG, Goldcorp, and more. A list can be found at http://www.superstockpicker.com/canadian_US_stock_symbols.html

Question: The one U.S. company I feel a personal connection with is Macerich MAC, as I knew the founder and remember in the early 80s when he was complaining that Wall Street gave him no respect! That's since changed. But I knew he was a good guy and I feel confident about the culture of the company. They own shopping centers. Do you have a comment on MAC? Thank you.

Q: I do not own, but am thinking of initiating a half position. Given how beaten up it has been over the last few months (close to its 52-week low, RSI around 20), would this be a reasonable entry point for a long-term hold?