skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: If we have yet to reach the worst of the virus threat and if the current question mark regarding the direction the price of oil will take in the future poses a problem, I think we have yet to see the lowest prices for these companies. The question is how much further down their prices can go. If my theory is correct, at what price would you take an initial position in these companies?
Read Answer Asked by Les on March 25, 2020
Q: What is the one stock you would suggest to go all in with this correction?
Read Answer Asked by Nino on March 25, 2020
Q: What are your comments on MCR reported last night. The numbers seemed a little light but it is now trading at about 3X earnings.
Even though it is small, why wouldn't someone buy this highly profitable company?
Because of its size and present environment, are there any plans on removing it
from your Growth portfolio? Thanks
Read Answer Asked by Herm on March 25, 2020
Q: I currently own positions in ADW.A , SIS and HR.UN in my TFSA.
I am thinking about adding to these positions.
What would be your order of preference with the fact that you do not plan on selling any of these in the next 5 years
Read Answer Asked by James on March 25, 2020
Q: I have few questions regarding preferred shares. Many solid companies ''before covid19'' have preferred shares over 8% div. If that rate is OK for me for long term even without price appreciation, how safe will you quote them in general? What is the risk associated with that investment? Will you favor ''retractable'', ''rate-reset'', ''perpetual'', ''fixed-floating'' or ''floating rate''? How to find the term of a specific share?
Thanks a lot
Read Answer Asked by Daniel on March 25, 2020
Q: Re: Article appearing today. I have never agreed with David Rosenberg. This time I think he might be right. What would you place the odds of his view of the market proving correct?
Read Answer Asked by Dennis on March 25, 2020
Q: What is your opinion of BAM's pivot to a focus on listed stocks and distressed debt as compared to alternative investments?
Thanks
Bob Rose
Read Answer Asked by Robert on March 25, 2020
Q: I know currency's are very difficult to forecast. However, I will ask this question anyway.
With the CDN $ hovering around $.068 do you recommend taking hedges off or leaving them on ?
Read Answer Asked by BOYD on March 25, 2020
Q: What are your thoughts on EIT? It seems, at the moment, to be trading well below NAV. When I read the list of top 25 holdings, it mostly looks reasonable to me. But I'm not sure I understand their press release:
"[EIT] announces today that it has determined to suspend the Premium Distribution(TM) component and Distribution Reinvestment component of its Premium Distribution(TM), Distribution Reinvestment and Optional Cash Purchase Plan (the "DRIP") ".
I get that they've cancelled the DRIP but what is the Premium Distribution? What is the forward dividend at this time?
Read Answer Asked by Peter on March 25, 2020
Q: Hi 5i,
Just a comment. Print if you like it. Regarding Tom's question (March 24) about ways to "lock in" an FX gain realized through holding US stocks in a US dollar account, but wanting to continue holding US stocks. Another way to do it might be to switch the cash to CAD (ideally through a Norbert's Gambit to avoid paying exchange fees) and then to use the Canadian cash to purchase a hedged S&P 500 index ETF like VSP or XSP. The FX gain would be harvested in moving to Canadian cash while the CAD is relatively low. The currency-hedged ETF would provide the percentage return of the underlying index while protecting against the longer term likelihood of the CAD swinging back to higher levels. Owning e.g. VSP would preserve investment exposure to US stocks. They would not be exactly the same stocks as were owned in the first place, so the shift from specific stock holdings to an index product would be one aspect to consider. Another would be the tax aspect, if the investments are in a taxable account. If, in his circumstances, exchange fees were unavoidable and there were a significant tax hit in the mix, that might count heavily against this approach. On the other hand, if the FX gain is in an RRSP and the account format and brokerage policies will allow Norbert's Gambit, it might be a decent way to go.
Cheers!
Read Answer Asked by Lance on March 25, 2020
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!