Investment Q&A

Q: Hi, would the etf (CXF) be a significant diversifier in the canadian portion of an income portfolio that currently includes XQB and CBO? How would you rate the risk of that etf? Thanks

Q: Hello 5i:
I wish to do a little consolidating in the portfolio. Could you rank the stocks above, from a total return point of view. Obviously, the dividend is important, as is dividend growth.
as always, thanks
Paul L

Q: With roll-ups like Constellation, don't things tend to end badly? They reach a certain size and can no longer acquire enough companies to expand at 10-20% yearly, it is just an exponential mathematical equation that they cannot acquire every tech company in the known world so growth has to slow down radically eventually. CSU is competing in larger spaces with more competition and fewer companies than their classical 5-40 million revenue companies that they have acquired historically. Is this not a major concern with CSU here?

Q: Hi,

Is their any price at which either CXR or VRX would interest you or do you view both of them as uninvestable?

Regards,

Robert

Q: peo what do you guys think of the news?.Now to qcom ,all news seems to be negative of late ,is it time to sell .Thanks again.

Q: Hi,

I contribute monthly to my family's RESP, but as the value of the family plan grew I've started to question what happens with the money if they don't go to school.

Turns out both myself and the gov't get our capital back (no taxes) plus the earnings on the investment (taxable), plus 20% tax (the gov'ts share, I suppose).

My concern is that I'm prioritizing my RESP contribution over my TFSA contribution (thus not maxing out my TFSA). In your opinion, should I be prioritizing TFSA contribution over RESP?

Q: Does the drop this week imply a falling knife situation.
How serious would you interpret the arbitration payout to be moving forward.
Does QCOM have the cash flow to cover this?
Will they need to go into debt to manage this?

Do you still feel this is a company fundamentally worth buying or too much negative momentum?

thanks

Q: Good morning 5i team,

I’m considering moving on from Linamar and CGI group in search of better growth prospects. I still like both companies, and believe they still have a good outlook, however, after holding each for some time I’ve been growing restless with the share prices seemingly stuck in the mud. Perhaps I’m just being impatient, but I cant help but wonder if these holdings are dead money. At least for the next year or two anyway.

I’m considering switching out Linamar for either New Flyer Industries, or Premium Brands Holdings, and CGI for either Kinaxis or Celestica.

Could you please give your opinion on whether it’s worth being patient with LNR/GIB.A, or a good idea to move on? And if moving on is recommended, would you consider the alternatives I’ve mentioned as good replacements with growth for the next 1-2 years in mind?

As always, thank you for your excellent insight and advice.
Tristan.

Q: I only have little of MBA and MBA has bought some assets. Please comment.

Q: I have the fixed income section of my portfolio (about 20%) invested in 1-4 yr GIC ladders earning virtually nothing after inflation. This money is there to stabilize the portfolio and provide an emergency fund in the event of a very significant need for funds, but hopefully never needed. I also have 50% of my portfolio in large cap dividend paying equities that provide income in excess of current requirements so would only draw on the GIC money if the cash need was quite large.
Is there any other investment you might recommend for the fixed income portion of my portfolio that would provide similar safety and liquidity but improve returns in a rising rate environment? Thanks for the help. Jim.

Q: HI Peter,

I would like to have your view on TCP. I am looking into a position in either TCP OR TRP.

Thanks

Q: if held in a tfsa will american taxes apply to any gain if so at what rate

Q: As yet, I have not 're-balanced' my portfolio by selling some of Savaria. I still have a significant cash balance and don't really need to. Do you regard it as a sell to some degree, or should I stick with my doubling of this investment. I do have Suncor in my 'Balanced Equity Port.' Perhaps you had it at one time and I missed a sell on it? Should I keep this equity or sell it? One of the few equities I never purchased in my portfolio (it is difficult to buy in my US Schwab international acct). Seeing how it has retracted from highs, do you consider this a value purchase now?

Q: Hello 5i
I hold full positions in the above 5 companies in my tfsa and am looking for a replacement for EFN. I am interested in growth and am not concerned with volatility. Also interested in a mid term hold. Many thanks.
Les

Q: Hi 5i, would you buy PHO at current price? Thank you

Q: How do you interpret this news about SNA? ... (April 5) .. "delisted from the TSX Venture Exchange ("TSX-V") after the close of trading on Thursday, April 6, 2017 and will be listed on the Canadian Securities Exchange ("CSE")" .. and a little jump in the price today .. what does this move from one exchange to another mean exactly? .. is there anything significant here? thanks

Q: The long-term chart seems to show that the downtrend is over. Going back to 2014, the stock was 12.00. Then the oil crash happenned and they suspended the 4% dividend. Today it's 4.80. I'm trying to decide if this is the time to get back in. Gold and commodity prices being up... is this what Cannacord needs to return to its previous highs? Thank you!

Q: I have heard that at higher incomes dividends can be taxed more heavily than capital gains. If true, at what income point does it make more sense to hold dividend paying stocks in a non-registered account instead of in an RRSP?

Q: Once the purchaser of DH acquires the common shares at $25.50, are the shares rolled into the new company or paid out? If acquired, what do you expect will happen to value of same?

Q: Down about 11%. Is it time to sell and allocate funds to CLX, RRX, BUS or other 5i recommendations?

Thanks
Dave.