Investment Q&A

Q: Trimming the herd to pay off the mortgage. Any compelling reason not to sell the above names. I have a few others on the maybe trim list if you make a compelling case to keep any of the above. Balanced growth follower.

I am heavy financial ( thus ditching rbc and mfc), wjx is one of my dogs ( offsets some of my gain on financials) and rus- tpk -wpm have gone sideways so no gain-loss on them. Gets me out pretty cap gain neutral and cleans out a bit of dead weight not in your balanced portfolio

Q: I went to increase my holdings in one of these companies. Which one of these would you add to today? Thanks

Q: Hi, I would like to increase my exposure to materials companies as I think they will over perform the market in the next 12 months. Could you please rank the following in each category as to your expectations for capital gains?
1. Silver: FR, USA, SSRM, PAAS, SIL
2. Gold: BTO, KL, GUY, WPM, WDO
3. Others: TV, MX, CMMC, ECS, LGO
Or any others in the small cap category that you'd put ahead?

Q: Hi folks. New Flyer is a position I took last November and as a result I am down significantly. That said, I have been reading your responses to questions asked in which you stated in part; "we would not view NFI as an outright sell at this time. " This statement could indicate that it maybe a sell and you are not sure yet? Also I am wondering if the course issuer bid NFI announced on 11 June maybe in response to or in anticipation of, a further decline in the stock price?
Thanks All

Q: 5i has had a bit of criticism recently regarding the income portfolio performance. Obviously 5i does not need me to “rebut” this. However it is worth pointing out that 2 other respected advisors (John Heinzl and Gordon Pape) have outlined their own concerns recently with the performance of their income portfolios and have made some adjustments.

I also have a couple of cynics sceptical of my “wisdom” in sticking with an “income” focus. I wish to educate them by sharing some long term data with them regarding share prices and dividend growth. Companies like Enbridge .... a signifcant casualty in my portfolio comes to mind. Where can I go to find historical data on stocks - ideally going back as far as 1990?

Thanks for your help. Good luck and keep up the great service you provide for your customers.

Q: Hi,

I have held BTE and CPG for many years now and they are both down over 80%. Do you see any chance in a recovery to 2011 levels or would you cut your losses and sell? I have positions in each of my rrsp and non -registered accounts.

thanks

Q: Hello. Could you please explain why ZCL has issued a special dividend of 0.40, as throughout 2017, the regular dividend had been 0.12. Looking at the progressive stock price decline -- since a high of ~$15 in Apr 2017 -- it hasn't been a particularly rewarding year for the company -- having dropped ~60% in stock price. Thanks!

Q: I have about 7 years before i will need to withdraw and money from my RSP's. With $100K to invest how much would you recommend to put in each of the above managed ETF's. Just want to invest and not look at them until the 7 years are up. I am open to other suggestions?

Q: I have a question about 1833 Could you give an update on AT, please? They have had some upward movement in the last few days. Thanks!

Q: I purchased BAC this week and it has dropped about $1. Should I get out and repurchase at a later time?

Q: I'm looking for a reasonable dividend yield plus growth potential and looking at above three stocks to invest for long run.
1) If I need to pick two of them which one would you recommend ? If you can share the reasons it would be great.
2) If you were to pick only one which one would you go with
3) Out of these three which one is more shareholder friendly or oriented towards building shareholder value.
4) How you will rank them based on quality of management? Do you see any issues w.r. to management quality or style of functioning in any of these.
Thank you for answering my recent questions on PLC and KBL - it was very helpful.

Q: Which one of the 3 companies would you buy today for long term growth and why?
How would you rank them?
Thank you.

Q: Just an addition to your answer to Saeed question this morning. Although there is a US withholding tax on dividends from US stocks, in most cases this is claimed against payable Canadian taxes, using a complex formula of the ratio of US income and Canadian Income.

Q: Please rank for current purchase w/reasons. Thank you.

Q: Hi 5i, my portfolio is marching along nicely thanks to your advice. I am questioning holding onto NFI. I am on par and have owned it for about 8 months. Because of exposure to tariffs, I'm wondering if it will stagnate and if a switch to PBH, one of your stock recommendations that I do not yet hold, might have more growth possibility in the coming year(s). Your thoughts are appreciated. Thanks!

Q: Hi there, it looks like Canada Goose blew past earnings expectations today and the stock is surging. What is your opinion of this company and would you be buying into the story? Thanks!

Q: I thought the worst was over for DHX, but another low today. At what point do you think there is value (bounce potential), or is there no longer any hope for this company.

Paul

Q: Could you tell me to sell or hold these two stocks.. Trevali I am down 1500. Thanx Cliff

Q: What is CRA's position on short term trading of a security in a TFSA while it is also being held in a non- registered cash account or a corporate holdco account?
For example if I have a long term position in ENB.to in my core dividend growth portfolio am I allowed to swing trade ENB.to in my TFSA account? Additionally, would it make a difference if the long term position was in the black or red?
Thanks,

Q: Over the years I've adjusted my portfolio so that it's almost identical to the balanced portfolio. So I own SJ as of now. I see that you recently sold it and AIF but have only purchased TSGI. Will you be adding another new stock soon to replace SJ? Thanks for all of your expertise. Cheers
ANdy