Investment Q&A

Q: I currently have 16% of my portfolio in Consumer Discretionary (CCL.B, DHX.B, DOL, GIL) and about 5% in Utilities (BEP.UN). I was thinking of selling Gildan (GIL) and using proceeds for Interpipeline (IPL).

What are your thoughts of this change based on future growth outlook and share appreciation? Am I selling a good performing stock and trying to catch a falling knife?

Q: Hey 5i, I sold my ACQ at $67 and $42 THANK YOU! I am holding BYD.UN at an upside of 143% AGAIN THANK YOU! I have taken profits on Boyd along the way but wonder what makes it different than ACQ which would help me decide to continue to hold it? Do you see continued growth and what red flags would I look for which would indicate a reversal in growth.

Q: Hello,

Would you considered this two equivalent in terms of future potential? If not do you have a another one?
I am considering selling TOR (for tax reasons) and buying VII?

Thank you
M

Q: I have been waiting patiently for HCG to show signs of recovery, but it's chart looks like a steep waterfall. I am seriously considering selling it and buying a more stable financial such as SLF or BNS. I would appreciate your opinion on this strategy.

Q: I'd like your comments on the following article from the Financial post:

http://business.financialpost.com/investing/trading-desk/switching-from-growth-to-value-stocks

The article suggest the the current environment may be more suitable for value stocks versus growth equities. Given 5i tends to favour growth (I think), what do you think of this? How does one know when a stock is too expensive in relation to its growth?

Q: I am looking to add to my position. Long term hold 4 to 5 year range. Any thoughts as to were the company will be long term or perhaps a future dividend?

Thank you in advance

Ernest

Q: Hi, Magna's recent acquisition in Germany has received praise from most analysts. However, stock price appears to languish and trade even below the level stock was trading before this announcement ($72).There was also huge volatility/trading, on first two days after this news ( high of $74.50 and low of $68.50).I started a position in Magna recently and would appreciate your comments. Thanks

Q: This is perhaps the most naive question you've ever answered in your life, but I just have to ask anyway. How do ETFs actually work, in respect to dividends? That is, where do all the dividends go, from the respective companies within one ETF?

For example, I note that VGG has a dividend yield of 1.5%, while any of the single companies within the ETF outperform its yield -- Microsoft, as an example, has a present yield of 2.6% and JNJ is at 3.0%. If one were looking for a decent income stream, wouldn't it be better to simply put your money into the individual stocks and then reap the better reward?

I understand the diversity that is provided by holding an entire basket, but I have found that ETFs very rarely outperform good equities, if they went toe to toe -- and there is always the risk of the under performing equities held within that basket.

In any case, I am still wondering where all the dividends go, from the individual companies, and whether the end consumer ever really profits much from it.

Does the fund manager rake it all in, from the equities? Who wins, who loses on this type of trade.

My apologies if this question should be in the Stupid Queue, but I've just never understood why ETF yields are so much lower, for the most part, than the equities they hold.

Thank you.

Q: Hi 5i, What do you think about CGI Group on this pull back, is it a buy? Jeff

Q: Could I have your opinion on their acquisition of Keller Fay Group?

Q: I have some Eld shares I got at $5.50 do you recommend buy more,hold or sell sell sell?

Q: What's your outlook on Sears. I'm underwater on this name, have held since Nov 2013. Should I move on? I'm a new member, really appreciate the site. Thank you

Q: The junior gold space is looking quite enticing to me.
Do you think a toe could be put in the water here and would PLG and/or TMM be good candidates?
Do you have a favourite junior gold?

Q: Mr. Hodson,you seem to have both admiration and some ambivalence towards VRX, which might have some Nortel flavour to some extent. In fact, you feel it might have too much debt, and this makes it a risky stock.

Q: Hello Peter et al,
I am still holding the Tuckamore Debs TX.DB.B. They mature Mar 2016 and are supposedly secured. Insiders own about 15% of the common stock and I thought their holdings would go to zero if necessary to pay off secured debt. But with the debs trading at about 80 there appears to be a fly in the ointment. Any thoughts as to what Mar. 2016 might bring.

Q: You may have read the Barrons article of a few days ago. I would think it may have contributed to the further weakness of the SP. It sounds like a bit of a hatchet job but do you consider it has much merit? I currently own 600 shares at an average cost of $41, and although I still like the stock, think it might be prudent to sell half in case of further weakness or a prolonged sideways slide. What would you do? It is still just 5% of my portfolio. I continue to berate myself for falling in love with companies. Thanks.

Q: any thoughts on this co

Q: I keep wondering if exchanging these 3 increasingly weakening positions for alternate positions with more optimistic horizons might be a more prudent move. What sage advice might your team have? As well, are you holding steady with Whitecap? I have difficulty in seeing the oil market with any upside over the next couple of years....

Q: Now with Catamaran Com being removed from my portfolio I am wondering if I should replace with with GUD or with several of the ones mentioned in the growth portfolio? I have no health care stock currently. I also have no tech stocks and wondered if this would be better than a health stock?

Thanks
Dolores

Q: Thoughts on PFB corp? Good dividend, good price to book, debt seems manageable. PE is a bit higher then I like.