Investment Q&A

Q: Our 32 year old daughter has $30k for initial positions in her TFSA. She’s looking for balance + growth with a timeframe of 3-5 years. Could you suggest some of your preferred companies at the present time.

Q: What is the primary driver of revenue for PEO? Is it simply headcount of firms that provide benefits/pensions, or will demographics (ie. people retiring) play a factor?

Q: Hi 5i just wondering what you think of er

Q: I hold VSP Vanguard S&P 500 Index ETF (CAD-Hedged) in my RRIF. I am confused by the following comments in the February 2019 ETF & Mutual Fund Update under the title Exchange-Traded Funds for Your RRSP – “When it comes to Canadian-listed funds that hold U.S. equities or hold U.S. listed ETFs it is best to avoid them because U.S. dividend income is taxed on your behalf.” I had thought that VSP was appropriate for RRIF’s. Please advise.

Q: Could you please advise me of the earnings expectations for GC? I believe it is to release earnings after markets close today.

Peter

Q: Been looking for a reliable accurate system/app or software to accurately calculate a portfolio rate of return - is there any options that you know of and could recommend??
THX
Ralph N.......

Q: What is your view of MUX after the last earnings report? Why has it performed so poorly with gold moving up from $1200 to $1330 recently, it doesn't make sense to me.
Thanks,
George

Q: Good Morning,

Which would you choose for a TFSA, long term core holding? Currently mid thirties. Thanks

Q: I currently hold a half position in Magna. Thinking of topping up. Also hold IPL - uncomfortable with the chart. Would you reduce/sell IPL to go to full position in MG ?? Thanks Jim

Q: Hi Peter,
I really enjoyed your appearance recently on BNN. I like the fact that you appear without notes, printouts, “model” prices or table-pounding buys, unlike some of the other guys.

I read your FP article on the weekend on asset and sector allocation. I agree 100% with getting the sector right - just look at commodities over the past many years. It is the larger asset allocation question (stocks vs. bonds) that puzzles me. For me, I am an equity guy and typically run 90-100% equities for better long run returns. Any remainder is cash looking for new opportunities.

I have never in my life bought a bond (or bond ETF), unless you count CSBs 40 years ago when they were at 12% plus; rates we will never see again in our lifetimes. I understand bonds for reducing volatility in your portfolio. Last fall showed the volatility of an all equity portfolio. Yet today, we are making a nice recovery. My question is if or how do bonds enhance your returns?

In Warren Buffett’s recent interview on CNBC, he said that given a choice of holding a 10 year government bond versus holding the S&P 500 for 10 years, he would buy the S&P in a second. He said the same thing for a 30 year comparison. I just can’t get comfortable with the idea of holding bonds to enhance your returns. If the primary advantage of bonds is to reduce the volatility of your portfolio, then I am fine without bonds.

Thanks again for your insight.
Dave

Q: Hello, curious as to your recommendations for my TFSA. I currently hold all stocks in my RRSP, and a mix of mutual funds and etfs in my TFSA. I will soon be making a new TFSA contribution and must decide between adding a new name or topping up existing holdings. Funds likely to be held for a few years. Current holdings, in equal parts are
ETF's RIT, XWD and ZQQ, mutual funds include Fidelity Far East and Canadian Growth.
Have thought of HMMJ as well as TDB 3098 as possibilities.
Your Thoughts Please and Thanks. Lavern

Q: In your last comment on VHI, you mentioned that insiders held 5% of the shares. You may wish to re-check that figure as in December, insider ownership was 17% and there are indications from other Bulletin Board participants that it has climbed considerably from there.

Appreciate all your efforts.

Q: Hello 5i,
It is now into March 2019. Will the new personal portfolio review option soon be available?
Thank you
Oh, will there be a "Women In Finance" lingerie issue of "Canadian Money Saver"?
Stanley

Q: Hi everyone
When investing in an ETF what market cap would make you feel comfortable with liquidity. Would this vary on whether this was on a US exchange or a Can. exchange.
Thanks

Q: What’s going on with Tsgi, it keeps falling? Would you buy more on weakness or hold? Thanks for your help

Q: How can I find the questions I have asked in the past together with the corresponding replies? Thanks

Q: I have funds to add another stock to my grandson's RESP. At the moment it holds the 3 stocks mentioned above. Which would you see as a good complement today?

Q: I currently sit at 2.5% on EIF and GSY, would a top of of one these 2 be in order or add 2.5% of ECN? The only other financial is BNS with 2.5%.

Q: You provided me with 17 names in my previous question I assume this is for diversification, I will likely purchase equals amounts of each and save some for a couple of speculative to keep it interesting. What would your top three speculative (potential home run) stocks be today?

Q: I believe you prefer to have growth equities in one's TFSA. For someone in retirement would it instead be a good plan for a dividend growth investor to use the TFSA to produce regular tax-free dividends for a retiree? If one already has an open account made up of dividend paying stocks, the grossing up of those dividends can potentially create a clawback on your OAS payments. In my opinion, moving as many of those stocks to the TFSA as possible would help reduce this issue. Would you agree?

Thanks.
Jim