Investment Q&A

Q: Morning Peter and 5i team,

I believe that Capital Losses can carried forward for 3 years, and after that they no long can be used. If that is true, I have a Capital Loss that expires in 2024 and would like to utilize it before I loose it.
I was thinking to selling some winners to get the Capital Gains to go against the Capital Losses and then buying them back. Is there a 30 day limit for Capital Gains as there is for Capital Losses (Tax Selling), and is this this a good strategy?

Thanks

Joe

Q: Would like your thoughts on this "tanker stock" that Paul Sankey is bullish on?

I know it trades in the US but is closely tied to the oil industry.

thnx

Q: Can you provide me with your analysis of Journey Energy please? Price has gone down more than other O&G plays. WIll continue to hold this if the fundamentals are good. Can they do well with WTI at this price?
Thank you.

Q: Just a follow-up question on the takeover bid for TCN... I don't see any timing for when shareholders of TCN will receive their cash. Do you see any timing details?

Q: May I get your updated view on this company? Is there any added clarity over the last ~5 months since you last gave your thoughts? Thanks.

Q: Could you comment on the propose take-over by BREIT. The offer looks cheap to me compare with today real book value. If it goes thru, will the new legislation law by the Democrats affect BREIT? Are you expecting outbid?

Thanks

Q: I plan to add to my gold stock holdings as I have recently sold some bullion. I have concerns about unsafe jurisdictions such as Panama even though I would consider Franco-Navada because of its recent haircut.
May I have a couple of stocks in each of the small, mid and large cap size that are more politically secure and are quality companies?
With appreciation,
Ed

Q: Everyone, I have been a member of 5i for many years and read many questions on ‘what is a good price to buy a stock’. Buy around the moving averages, 20, 50 or 200 day. Or buy in a price range ? Or buy before or after the quarterly report? Or… The stocks I buy are a forever holding, buy the best of the best. If the price is in a high RSI range or above the moving average range, I will split my buying in three or four pieces and over a three of four months. I don’t care if I miss the best buy price because in 10 years the price doesn’t matter! To me, buying the best of the best stock is more important than the price because I want to be a part owner in a company. FYI my average price of AAPL is less than $20, my average price of SHOP CDN is less than $4. My thoughts Clayton

Q: Hello Peter
I have a partial position
for exposure to oil and gas sector; some dividend and hopefully cap gains, 3 years hold
for the recent pull back of TOU
as some of your answers re: question to the above, the sector has pulled back

what is a good entry price?
I am patient

thanks
Michael

Q: Is Topicus going to begin to aquire companies in in the US as reported by the TSS operating group?

Thx

Q: Good morning,

I currently hold VIG ETF in my Non Registered US$ account and VGG in my Non Registered Cdn$ account. Both of these ETFs have the same holdings but the VIG appears to be cheaper in terms of MER and perhaps more tax efficient if held in a RRSP.

Given that both VIG and VGG hold the same holdings and taxation not a consideration, I was thinking of selling the VGG ETF and purchasing some additional VIG ETF.

However, I just stumbled across another ETF (DGRW ETF) that I would appreciate your thoughts on as a potential replacement for VIG ETF. Although a bit more expensive in terms of MER, the annual performance over the last 10 years appears to be much better.


Thank you and I'll await your response.

Francesco

Q: Hi 5i
CVS is down over 5% today and over 10 % since Jan4...What do you think is going on and is this an opportunity to start a position? Looking out 1-2 years......What would be attractive price?
Thanks
jim

Q: Greetings:
Your comment to summarize this company was, " A lot to like." I would like your comments concerning it's small size at 310.23 million. I bought some shares after I did my research, but would appreciate your thoughts. Also, what about CEO compensation, at over $1M? Also, a few days ago a member posed a question about where companies in the USA and Canada fit into the small, medium, and large cap categories. Would you please refer me to that question. I tried to retrieve it under miscellaneous, to no avail. Thanks, Ben.

Q: Hi 5i
Could not find this company in your data base....Looking for opinion on this company...Held shares for a while and see now that share price jumped and then dropped on speculation of potentially being acquired by novartis or amgen ect...

Can you provide any insight into whats is happening with this companies stock and if its worth hanging on...current small position but 2% now with current price increase.

jim

Q: Current long term owner of NTR....still up by quite a bit. I have some TFSA cash available to add more to NTR. Happy to let it sit making 4.5% in a cash investment while Nutrien completes it's current slide.

Q#1 = while any stock can continue to plummet, at what level do you conclude that the current price is absolutely buyable? As I write this question, NTR is at $69. Using technicals with a 50mda and a 200mda, it looks like the slide could continue for a while. When does the data conclude that you should just buy it? No one can time the bottom, but NTR is getting to levels that are pretty interesting.

Q#2 = on the NTR profile page, in the top box the P/B = 1.351. Down below, P/B is 1.01. Are these numbers from different timeframes or a data provider mistake?

Thanks....Steve

Q: In the midst of portfolio rebalancing for the coming year and have another question with regard to composition. I've been reading your comments around the positive prospects for tech in 2024 and want to overweight that sector. I am currently at 18% tech (NVDA, MSFT, LMN). But I also hold GOOG (technically Communications) at 5.46% and AMZN (technically Consumer Cyclical) at 7.39%. Within the context of an alpha-balanced portfolio, would you recommend increasing my tech holdings further, or do you believe I am sufficiently weighted in this sector given my additional holdings in AMZN and GOOG? Thank you.

Q: Hi 5i,

I would like to sell BEPC to benefit from tax loss and buy back in 31 days.

Portfolio includes:
2.5% Fortis
2.5% BEPC
1% PIF

Also have :
2.5% BIP.UN
1% BAM
2% BN

I am retired, like dividends and some growth.

1. Looking for a proxy for BEPC for one month
2. Your suggested mix of Utilities.

( Will probably increase BAM some more.)

3. PIF - I like the dividend but volatile for a utility and hasn't gained SP for many years. I have a small loss. Is the dividend secure? Any reasonable gain anticipated over next year or two for PIF?
Might gains be a little more outsized due to interest rate reductions in next year or so?
Do you think it could be a takeover candidate?
Should I hold this or sell?

Thank you for your usual great advice.
I prefer more rather than less detail. (Subtract as many credits as needed.)

Q: May I ask a follow up to my using a 20DMA as a potential entry point for a stock purchase. I picked the 20 day average because when members ask for suggested entry points you seem to respond with values within 2-3% of the current stock price. I agree a 50 day average has more of a margin of safety, but seems to be more value oriented and the stock may never drop that low within a shorter time frame. Thank you

Q: Many sharp upgrades and sharp downgrades for SHOP in recent days. What do you make of all the divergent views? I know 5i is in the upgrade camp. What do the 'downgrade' analysts see that bring them to their conclusion?

Q: What would be your top 4 CAD ETF picks for longer term growth?