Investment Q&A

Q: I've noticed on several occasions over the years that subscribers have "called you to task" for advise that didn't work out. I can understand their frustration, particularly if they're down a fair bit because they followed your advise.
I've been an investor now since the 1970's and I don't look at it that way at all. You don't claim to be right all the time. It's a constant assessment of risk versus reward and sometimes it doesn't work out. As I've told my own adviser, who I have a lot of respect for, she doesn't have to be right about an investment. What I do expect is honesty. That's what I pay for and I get. If she was right every time, what would she need people like me for.
Similarly, if you were right all the time, would't you be sitting on your 300 foot yacht on the Riviera sipping Scotch. What would you need us for? Just keep on giving us honest opinions, even the riskier ones that sometimes disappoint.

Q: ..what do you think of Reitmans as a reasonably safe place to hide and earn a dividend in an otherwise horrible Cdn market? thanks.

Q: Hi,
A question about the webinar yesterday on "how to pick a stock in 2018": How do you put the 20% rule from the "Lessons from some Experts" in practice ? Do you sell when the market(or a particular stock) corrects for 20% or more ?

Q: I am a growth investor with an 8 to 10 year timeline. Regardless of sector weightings, in the current market would you either start a new half position in Parkland Fuel OR top up to from a 4% to a full 5% weighting in Kinaxis, Savaria Spin Master and Premium Brands? Thanks in advance, Greg.

Q: In your Aug /17 report on Savaria you indicated it was at 22 times forward earnings and at it's most oversold in 5 years. At 80 cents (2019 earnings est.) the p/e would be under 21 . Would the same logic apply now? Is this a good entry point and are you still sanguine about the growth story?
Your considered opinion is appreciated.
Mike

Q: Is this a good time to take a long term position in Andrew Peller?

Q: I asked this question yesterday, however it appears it was missed:
"I have some cash to allocate for RRSP & TFSA portfolios and would like your opinion for the above list for both CDA and US.
For RRSP: Which two from each CAD and US would you buy today (after the stormy few days) for a more conservative hold 3-5 years, that would potentially have less volatility while continuing to grow sales and earnings.

For TFSA: Which two from each CAD and US would you buy today for more growth opportunity and share appreciation in the next 3-5 years.
Please give your reasons for the ones you would choose without sector allocation considerations.
I currently hold TSGI & MX (down on both) but am ok with that."

Q: Hi team, Before I fall for a good div enhancement gimmick, would you please comment on brett Owens div. Conversion machine being applied to us blue chip companies like Google, dis, jpm, pfe, to triple dividends received, and could this be applied to CDN stocks or what's the ketch. Thanks for the heads up.

Q: Hi 5i,

With the market correction, I am looking to add to some positions while things are on sale. I am looking at TSLA, which reposted good results last week and thus the stock started to rise. It also did pretty well today in a negative market. I have read your other answers on TSLA. Has you opinion become more positive after the recent results. Thanks 5i

Q: I am a retired, conservative, dividend-income investor. I have added ROE and Payout Ratio to the metrics that I track to assess the securities that I hold. Can you give me some ballpark levels that are a good starting point? For ROE, is >10% a reasonable level? For Payout Ratio, is <90% ok? I suspect it differs by industry (eg. I know the banks are around 50%), if so can you lay it our for me...thanks.

Q: with the stock at a low is it time for a dividend investor to buy in. They brought new projects on line (NB)and more will come on line in 2019.

Q: With the forward P/E of TSGI currently under 8 times I am wondering how this compares to the historic P/E.
Thanks Mike

Q: Are there fundamental or other reasons why this stock has lost about 20% of its value in the past 5 weeks? Does NAFTA II negatively impact it? I notice the CEO is also president and chairman. Does this pose a risk at this stage, or would do so if the firm got a lot bigger?
I enjoyed the seminar last week. Refreshing !

Q: Hello .. I hold a foreign dividend etf in my cash account. Will the foreign tax paid increase my cost base or is it just the cost or diversification. Best regards gary

Q: I know this isn't an exact science, but can you list what Canadian sectors you think will be the hardest hit by tax-loss selling? Is it a good idea to wait until early December to pick up some companies in these sectors?
thanks,
Paul

Q: hi Peter. do you still forecast eps for 2019 of $2.51? if you do TSGI now has a P/E of 10.73. and for a growth stock would appear to be a great buy at these levels. would TSGI now be considered by you as a value stock or a falling knife? thanks as always for your insight. Richard

Q: Looking at Microns history it has been quite volatile. Between the end of 2014 and mid 2016 it fell over 70% which ended up being a fantastic buying opportunity. Looking at it now, it has fallen over 40% since its most recent peak. If it were to fall a similar % as 2014-2016 it could go all the way to 20 bucks.

Looking at the most recent balance sheet however, the company paid down a massive amount of debt in 2018, and generated a ton of cash. Is there any estimates of how much cash/share this company could have at the end of 2019? If 2019 is anything similar to 2018 it looks like a decent % of the market cap could be in cash, which makes me think a similar decline as 2014-2016 is unlikely . Is the risk/reward getting increasingly interesting here?

Thanks!

Q: mine is a margin growth portfolio.yet i would liketo add judicously starting with div stocks

one add to one of the following TD , BNS, BA AND JP
Two add to ENB I own or Bell new
three add to nvda or pho
four addto SQ /TOY/ FB
FIVE ADD TO TSGI OR GC
six Magna..

Q: Hello Team
Out of these two Insurance business SLF and MFC which one is a better co. to Invest for growth and dividend for 1 year.

Q: Just a comment about Terry complaining about 5i's bad advice regarding when to sell financials. 5i should make it perfectly clear that this is not an advisory service. People need to take responsibility for their decisions, and stop blaming others. Start with a financial plan, know yourself, and always remember the stock market is a tool for redistributing wealth from the many to the few. A plan will help you end up with "the few".