Investment Q&A

Q: Hello,

With PEO having been taken out, could you please recommend a company(-ies) with similar characteristics (i.e. small cap, steady, great management, potential for a takeover etc)?

Thank you

Q: In a taxable account, for a US ETF(ex: IEMG) with no US stock in it ,(bought alone or even included in a canadian ETF like XAW ) : is it considered as a US equity, and submbitted to the US withholding tax on dividends ?

Q: Review your employees
Last year was very revealing because it tested the mettle of everyone, including advisers, investment managers and discount brokers. This makes January 2021 a particularly good time to sit back and assess the investment professionals you work with.

Here are some questions you should think about:

How prompt and effective was the service?
How transparent were they about long-term returns and fees?
Was the investment advice timely and useful?
Are their strengths your weaknesses?
Do I trust them to put my interests first?If the answers to these questions are unsatisfactory, then it’s time for a change. If you’re supposed to hear from your adviser regularly (and are paying fees for it,) but didn’t get a call in the first half of 2020, or the whole year for that matter, then you’ve got grounds for divorce.
Peter; With thanks to Tom Bradley - the above questions could all be answered positively by 5i members. Thanks again- we won't be getting divorced !!
Publish if you wish,
Rod

Q: Hello, I presently have US stocks invested in a Cdn non registered account. Seems to me I am at the mercy of the rate of exchange.
How do I correct this? What do you suggest?
What about US stocks in a TFSA?
Thank you for your time.

Q: I would like your opinion on VTRS. I got 49share thru owning Pfizer. Should I add or sell. Thanks.

Q: Hi,

The last answer on GC wrt holding or selling was "We would suggest keeping this at least into the new year, as a relatively low risk cash proxy. If in a gain position this will also defer taxes a year. "
I had accumulated 2800 shares over the last several years which today equates to $121,800 @ a current stock price of $43.50. A gain of approx. 6% in an RRSP account.
Given the buyout transaction will not officially close until Q2 (when in Q2 I am not sure, do you know the specific date?), at max I can only make another 3.3% (another $1.50/share), ie at buy out price of $45.00 it equates to $126,000, assuming nothing changes wrt another bid. I assume Brookfield will not counter-offer?
If I hold until Q2 and accept the $45/share, this money is basically not working for me for another 3-6 months! Does it not make more sense to sell at the current market price (at a reduced offering price) and purchase some of your more recent top recommendations/suggestions?
This may sound like FOMO but is it not better to have your invested money working for you?

Cheers,
Steve

Q: I presently have a small position in Open text - considering selling, Is there a US alternative?

Q: Fnv represents about 4 to 5 % of my portfolio.
Do you think it is a good idea to gradually switch 1/ 2 of Fnv into Mstr over the next 12 months to take advantage of the fluctuating prices in the Bitcoin market?

Q: Hello 5i. What is your opinion of Enbridge stock in context of a Biden Administration and their green/renewable policy positions?

Q: Hi:
Different sectors but what would your preference be for new money. National Bank or
Brookfield Infrastructure?
Thanks: Jerry

Q: are you aware in the near term (next 6 months) of any more acquisitions by well? thanks Richard

Q: why were Shop and Csu down between 7 to10% last week while the Nasdaq was up 1.85%.?
Also Ppl fell from $34 on Dec9. to about $30 on Dec 31
Do you think Canadian investors worried about a possible increase in the capital gains tax are taking profits to offset their losses on pipelines,etc?

Q: Peter;As per your weekend article which silver investment choice would you prefer- single stock, etf, or royalty fund? And could you suggest one in each category? Thanks. No rush. Rod

Q: If a Canadian Cie does most of its business (like AQN,etc..)in the USA,or even a smaller part of its business in the USA ,does this impacts the "tax avantages" on dividends (tax crédit),and if this were the case,is it in proportion of CDN vs US revenues ? Thanks ,I wish you all a wonderful new year

Q: What's your opinion of SHG (skylight health group)? Is there much inside ownership and are you familiar with management? Thanks - Richard

Q: Which of the above 2 do you recommend for a five year hold ?

Q: Happy New Year to you and your term,
what do you think about baba, is it a buy hold or sell?
or is it better to switch to JD ?

selina

Q: Hi,
I am considering selling ABST (in TFSA) and purchasing something in tech with more growth and it participates in cloud computing and cyber security. Would CRWD or MSFT be a good replacement. MSFT feels like a safer play, larger cap and with a 1% DY.

Q: BCE oversold here? Does price reflect slower growth versus T (fwd PE 16.6 versus 21 for T) or could price drift lower still in your opinion?
Telus trading well above its historical PE and PEG levels,
T is higher growth but based on valuation , BCE seems to be the better buy.

Q: Happy New Year Peter and the 5i team! Thank you for another year of useful steady independent information flow to guide 5i members.

I am considering adding 5 large-cap or mid-cap Canadian sustainable dividend growth stocks that are currently under-valued in unloved sectors and now yielding at least 3%. MFC and SU stand out. What is your opinion about both as medium risk investments over the next 3-5 years?

In addition, please indicate your 3 best stock alternatives, and 3 best ETFs, in the medium risk large cap or mid-cap Canadian space with a solid record of dividend growth.

I realize this is a broad request so please deduct points as you deem appropriate.
Thank-you.