Investment Q&A

Q: HI

Thinking of selling my LSPD in my RRSP (358 Shares) and buying NVDA.

I also own XIT (1,000) shares in my RRSP.

This way I get more US stocks.

Your comments please.

Thank you

Mike

Q: Do you know if there is an ETF that holds LSPD and SHOP along with many of 5i's favourite IT stocks?

Q: Retired, dividend-income investor....normally. Assume I already have a balanced portfolio.

Considering topping up a 90% XIT position (my Technology weighting is 7.5%).....or...buying a small position in Copper Mtn (CMMC)....(my Materials weighting is 5.0)%. Reading prior copper questions indicates that you think there is much more room to run in Copper...for a while. Assume a roughly 1 year holding.

Second question = oil better than copper over the next year or so?

So, I guess the question is = please rank 1 year performance (best to worst) for Technology, Copper, Oil.

Thanks....Steve

The conservative side of me = XIT. The aggressive side of me = CMMC.

Q: To my amateur eyes, it looks to me that XIT has reached a major support level of around $43 (looking at technical support and resistance levels). I hold a core long term position and did some trimming for asset allocation reasons around $50. I would normally consider adding at this level, but thought I'd check with you (again) about the impact of interest rates on technology. Do you see much more technology downside in your crystal ball?

Thanks for your help...Steve

Q: Can you suggest a few good ETF’s which should form the basis of one’s portfolio.

Also please suggest ETF’s for specific applications like..... high risk/ growth, dividend, US equities, Canadian equities, dividend stocks, tech stocks, emerging markets ..... and your choice of basket of ETF’s which a person could use to build a portfolio ( with % allocations)

Q: Hello,
Are you aware of another Canadian Tech focused ETF other than XIT? I have investigated and could not find any other then XIT which is somewhat surprising considering how hot Canadian tech seems now on all the new ETFs that continue to be introduced for sectors like finance, blockchain, bitcoin etc. I would like to invest in Canadian Tech without buying individual stocks and do not like the fact that 4 companies make up about 77% of XIT. Would appreciate any thoughts or suggestions. Many thanks.

Q: 23 year old starting RRSP. Have made small initial cash contribution and now doing monthly pre-authorized cash contributions, Given long time horizon, small current balance and ongoing monthly contributions, I’m looking for a 100% growth-focussed equity ETF that I can have set up to auto-contribute to on a monthly basis and wonder what you might recommend.
Thanks.
Brian

Q: I hold XIT in both my RRSP and TFSA and have done very well owning it. Over the years I have trimmed multiple times, redeploying into NTR and Eric's NPP314 (oil). I bought SJR.B in January (in my TFSA), fully intending for it to be a medium term hold and have started to trim it this week.

My plan now with the cash is to add back to XIT, but my reading seems to indicate that there may be more volatility in the Tech sector. Just wondering what your crystal ball shows? When I look at the chart for XIT, I see support levels at roughly $43, then $38. I know this is a "timing" question, but do you see further Tech weakness, and if so, where would you step back in.

Thanks for your help....Steve

Q: Retired, dividend-income investor. A question earlier today has motivated me to finally ask this question....been thinking of it for quite a while. It had to do with potential rising interest rates and your response was that dividend investors should be prepared for a bumpy ride in the short term (my paraphrase of your answer).

I own the above securities and for the most part trim-add around core positions that I hold for the long term. Is it possible to divide the above securities into two camps....one that would be "ok" in a rising interest rate environment and the other that I should consider trimming a bit or maybe selling? I am ok riding things out for the long term and do not normally react to short term volatility.

Thanks for your help....Steve

Q: I am underweight technology exposure in my portfolio which is limited to a 5% position in ZQQ. What would your 5 top Canadian technology picks be in order of preference and what is your preferred Canadian listed ETF in the sector? Thanks.

Q: I currently own XAW and XTR in my RRSP and looking to add some more Canadian ETFs/stocks for diversification. Have about 20 year time frame. Can you please recommend some?

Q: Hi Peter, Ryan, and Team,
This is a two-part question, so please feel free to deduct enough credits.
(1) In Portfolio Analytics, is it appropriate to enter zero for the cost basis? After all, we didn't pay anything for these shares. (Thank you 5i)
(2) In our combined accounts, prior to the spin-out, we were already overweight in Technology, holding ABST, CSU, ENGH, XIT, and KXS. In order to balance our accounts, what, if anything, would you recommend we do? It would be costly to reduce all the holdings which I'm reluctant to do.
Thanks in advance for your valued advice and opinion.

Q: Hi,

Can you name a few CDN etf's that you'd recommend for a long term hold that emphasize CDN high growth companies?

Can you name a few US etf's that you'd recommend for a long term hold that emphasize CDN high growth companies?

Q: Good morning. I am setting up RESP’s for infant grandson’s. I am thinking at this age the portfolio could be aggressive growth equities. There is only a small ($1000.00)initial amount that would be supplemented with small (one or two hundred dollar) irregular contributions. To avoid/reduce trading costs, in the beginning at least, it might be best to go with ETF’s which can be purchased at no cost? Would you agree? And if so can you suggest some aggressive growth type ETF’s. I am thinking XIT, Canadian tech companies could be one.
Thank you.

David

Q: Which has more upside in the next 1-2 years....NPP314 or XIT? Put another way, Eric's "old" energy vs new tech?
Thanks...Steve

Q: After scanning 5I questions for the best fit for my daughters LIRA which she will not need for 20 years and will not be contributing to it, we settled on VFV,VEE,and VUN. That leaves room for a tech ETF for the remaining. Considering:
XIT.TO but the MER is high at 0.61% vs. TEC.TO which is a TD ETF
product with an MER 0.35%. Are there any others to consider or which
would you choose and why?

Q: is there an ETF that focuses on tech stocks, couldn't seem to find anything in the Q and A section

Q: I work in tech and for that reason I had told myself no need to add further exposure to tech by holding tech stocks. Now I kind of regret that strategy. I wonder what percentage of exposure to tech In my portfolio is sensible? Is it too late to enter? Do you think tech stocks are in a bubble? Can you suggest some names (ETFs/stocks) in canada and US that would be good choices if we decided to add some exposure to tech?

Q: Which is better for an RESP in terms of growth and returns within the next 2-3 years? Perhaps a ranking?

Q: Which one of these would be the best choice for a RESP. Beneficiary is an older child (grandson) who will start to draw funds from mid 2021 onwards. Looking for the best return within the 2 to 5 years remaining before total drawdown of funds would be completed.

I plan to establish a new RESP for a great granddaughter soon. She is not yet 2 years so has a long time horizon. Any suggestions?