Investment Q&A

Q: What do you think a minimum % position should be for individual equities? I have a very diversified portfolio, but I think some of my positions are to small.
Thanks David

Q: "A Share Change for Enbridge Inc. (ENB) in S&P/TSX Indices

TORONTO, Feb. 23, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

Enbridge Inc. (TSX:ENB) has completed the acquisition of Spectra Energy Corp. (NYSE:SE). To reflect the issuance of common shares as part of the transaction, the relative weight of Enbridge will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 Capped and 60 ESG, the S&P/TSX Composite Dividend, the S&P/TSX Composite High Dividend, the S&P/TSX 60 Carbon Efficient, the S&P/TSX 60 Carbon Efficient Select, the S&P/TSX 60 Fossil Fuel Free, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient Select and the S&P/TSX High Income Energy Indices at the open of trading on Tuesday, February 28, 2017."

Do you think that the increased weight for ENB shares in the S&P indices will result a buying pressure on the stock price, on Feb 27&28 ? Should it be material ? What are your views on ENB now, once Spectra merger has closed ? Thanks

Q: 11:31 AM 2/23/2017
Hi Peter:

I don't quite understand your rationale for owning gold bullion, gold streamers or gold miner shares as insurance. Today you said : "The key for 'insurance' such as gold is to own it when you need it, not after." It seems to me that this implies selling your gold at a crisis time since insurance only pays off if the house burns down.

Does this mean you advise actually selling gold positions if the market plunges? Golds get hammered too in crisis situations so may not be winners either. Holding golds through a crisis is almost pointless since if you don't sell you just ride the price up and back down again and almost all golds have trivial dividends, so no meaningful income from them while holding. I just don't see the point. Much better to own BCE or RY or TRP! Would you agree?

Thank you.... Paul K

Q: Just wondering if you can give me a list of three to five stocks that pay dividends as eligible dividends for the tax credit. Prefer them to be paid monthly. I want dividends as well as some growth if possible.

Thanks

Q: Cott reported today. In the past year it has traded as high as in the 20s and now around 15. I have a half position and they seem to be on track to achieve better growth and revenue in 2017. Would you endorse a full position? I like it also has a potential takeover target. They tried a few years ago but now they are a different company and possibly more attractive to the likes of pepsi or coke.

Q: Spinmaster and Exchange have both had positive news lately , can you give me an estimate on what the ceiling would be for each of these strong gainers and time frame. TY for all you do.

Q: Could you comment on Q4 (lower ounces y over y)and what do you make of reserve increases, increased drilling program - are these grades and delineations as positive as company seems to be suggesting?

Q: The markets have had quite a run and I am considering the manner in which I can protect the bulk of those gains. Although I acknowledge and understand that market timing doesn't work, intuitively given the extent of the market run, the odds of a pullback must be greater and therefor are not some hedging strategies prudent at this juncture? How can I hedge those gains in a self directed account with a mix of registered and taxable accounts, the bulk being in taxables which have in certain securities significant gains? Thx

Q: Just joined and will be slowly adopting your balanced equity model portfolio.

I am heavily overweight in financial ( 25%) and energy ( 19%) and have very low exposure to tech ( 2%). Which 1 or 2 of the tech stocks currently in your portfolio/research would be best to add at this point in time. I will probably drop each by about 5% to get 10% into the tech stocks you suggest as a first move.

Q: Hi: Any idea why IVN dropped 10% last 2 days? Thanks, fooklin

Q: I am interested in listed companies that manufacture and sell robots for warehouse use. I think this market is going to grow substantially in the next while. Can you suggest some companies that are involved in this area ?

Q: If I want to have cash for future purchases, what is the best way to raise cash in a portfolio of stocks? e.g. sell losers, trim profits across several stocks?

Q: What is your opinion on HHL

Q: Considering the recent gains by Pho,are you still comfortable with buying at this level?

Q: Hi there. I'm heavily invested in financials,tech and industrials. So far so good. I don't have any defensive stocks such as gold and silver as I tend to be more of higher risk investors. What do you recommend as far as % of position in Gold/Silver sector? Do you recommend positions in this sector regardless of where the market is?

Q: Good morning,
I've been hearing for a while how expensive sis is and how undervalued crh is. Can you comment. And also do you think now after the drop in sis and rise in crh that they are both buys today?
Thank you.

Q: OCLR dropped 11 percent yesterday on a rumour it may lose ZTE as a client. Is this a buying opportunity or is the risk higher on this name now?

Q: What's up with NVDA?

Q: Westlake Chemical (WLK) seems to be in an upswing from the middle of 2016. Can you please let me know your thoughts on this company and if you feel it would be a good buy for a 1-2 year time frame.

Q: I love investing in dividend growers, would you consider exco technologies, xtc. And sylogist, syz. Good dividend growers over about a seven year period, and can u give me two others that can consistently grow their dividends over the same period, iam more interested in small caps, thanks?