Investment Q&A

Q: I've been comparing these two funds and while they appear to be essentially taking the same approach. HFR has Canadian & US holdings and FLOT has exclusively US holdings. Yet their is a substantial difference in their yields. But FLOT yield is 4.3% and HFR 2.3%. I don't get it.
Yield is nice to have but I'm more concerned with capital preservation through the end of this business cycle. Your thoughts would be appreciated.

Q: Hi there, going into 2019 I'd like to re-balance my portfolio to start the new year. I'd like to use your BE Portfolio as the Canadian exposure of my portfolio and add ETFs to add diversity. I'm in my mid 30's and have a 15/20 year outlook with a private DB plan at work. In terms of risk and volatility tolerance, I am okay with the profile growthier names in the BE Port (ie: SIS, KXS, TOY, CSU, PBH etc) but usually stay away from the Growth Portfolio names, as the volatility is usually too much for me. At first glance I was thinking of the following but am not very experienced and am completely open to your advice and expertise:

50% BE Portfolio
40% HXS/VFV
10% HXQ

Could you suggest a 1) TSX ETF only listed portfolio make up and 2) TSX and/or US listed ETF make up? Please remove as many question credits as required.

Thanks for your advice and guidance!

Q: Your update sent to subscribers on Thursday: "Amid all the negativity, investors can find solace in remembering that volatility is a part of investing in the market and solid long-term returns are earned by accepting this risk in the markets."
Your article on the Post on Friday: "One of the most important things to watch for as an investor is when there is a market or economic ‘shift’... We may be entering a shift in the economy right now. Companies are guiding to lower growth. Stocks have been weak. The market is in a slow train-wreck crash. The Fed even has indicated the economic party may be winding down."
The 'tone' in your Q&A section and all your updates has been to stay the course, don't sell, and even to add to numerous names. This is a completely different 'tone' than your article on Friday. Please clarify.

Also, your Balanced Portfolio has a significant growth tilt that doesn't seem appropriate at all at this time. Over the last 3 months, it's down almost 16%, 7% more than the TSX. Are you planning to 'shift' the portfolio?

Q: With the additional 6K TFSA contribution room nearing, I was wondering if I could get your current top 10 USA growth stocks you’d suggest come 2019. I will not need the money for at least 20+ years. Sectors and market cap is irrelevant. Just your best ideas for 2019 and beyond. Thanks as always

Q: Hello,

We live in "interesting times"!

I have been patiently waiting to add more of AQN but price keeps rising without respite, even during major pullbacks! What magic is going on at AQN?

1) Does it look like a Top is forming around $14?

I'm sure the stock is very compelling as a momentum vehicle and maybe I should nibble both on the Up and on the Down.

As ever, your helpful thought appreciated.
Regards

Q: I know you like Vermillion. What is your present opinion of the company? Is the dividend safe? And what is the payout ratio? Thanks very much. And a Merry Christmas to all of you at 5i

Q: What is happening at this company? The stock is going down. Should I sell?

Q: I would like to add some income stocks or ETF's for the US side of my RIF that pay the income in US dollars. Income is the primary focus and growth is secondary. Do you have any suggestions?

Thanks you.

Q: Im looking at the Dalio/Robbins "All-weather Portfolio". Do you have any comments about it fundamentally? They both say its about diversifying the risk rather than the sector or products in order to increase the chances of making money in almost any market and decrease losses.

Can you make recommendations for each category please? They also recommend low cost etfs to get further diversification within each category. I would still keep a small amount of cash aside for higher growth names to "play with", so any profit taking would potentially go into the All Weather Account.

What they lay out is:

30% Long term bond (20-25 year)

15% Intermediate Bonds (7-10 years)

30% Stocks

7.5% Gold (possibly a bouillon etf, or possibly just gold with no etf)

7.5% Commodities


Please deduct what you feel for credits since this is a multi part question.
Thanks

Q: Could I get your views on RUS over the next year or so. Do you see any movement here or is it simply a good dividend payer?

Q: Your present view of this co. please.
cv

Q: Hello, Please provide your views on both DBX and LAM. I have losses on both, and was wondering which one (or both) would you sell for tax loss reasons. Which do you feel would recover quicker.

Thanks

Q: I currently don't have any REITs in my income portfolio but am now considering adding a couple. I was considering the above 4 but really want to add only 2 names. Which would you consider or would you suggest something else? Looking for reasonable income with an eye on preserving capital during rising interest rates.

Q: Good morning,
I currently do not own the above listed equities from the BE Portfolio which I follow pretty closely. Are there any you would not recommend purchasing right now? Thanks for your counsel. I am watching sector allocations.
Ted

Q: Would you buy hold or sell this stock I am way underwater I bought at 13.67

Q: Morning guys:
I need some bank exposure. Is it time to buy with the recent pullback for a long term hold.
Thx mark

Q: Hi: With continued huge increases in US shale oil production and possible US oil self dependency to what extent could this decrease demand for Canadian oil volumes to the US thereby negatively impacting Canadian pipeline companies and thus share values? Thanks.

Q: Good morning .
In reading your latest 5i research news I noted that you ended with this advice:
think investors should be sharpening their pencils on their 'wish list' for stocks in Canada and the US.
In this theme could you help with creating a wishlist for both Canadian and Us stocks for us . For myself this would be much appreciated . I have spent lots of time working on my own list and would greatly appreciate a 5i wishlist.
Thanks in advance
Victoria

Q: I am down to 30K in my RSP and no TFSA, looking to have 6 total positions. Thinking SPB, TCL, AQN & DIV. I know Diversified is higher risk but I feel comfortable with that company at today's levels. Would you be okay with those 4 and what 2 would be best to add for Dividend with some growth but overall safety. Should I add a specific bank like BNS or would ZWB be better for me right now?
Same question for AQN, would I be better removing single stock exposure and going with ZWU?
Charge as many q's as necessary.
Thanks!

Q: i know you do not like the mj stocks but with altria buying into cronus and constellation into canopy, in your opinion which one would be best for another company to invest in, could it be aphria or aurora or a u.s. company like curaleaf.
furthermore if you had to pick one to invest in which would it be. dave