Investment Q&A

Q: I have recently read the book "The Great Taking" by David Rogers Webb. In this book, the (impressively credentialed) author claims that "ownership of securities as property has been replaced with a new legal concept of a "security entitlement", which is a contractual claim assuring a very weak position if the account holder becomes insolvent". In other words, should your investment bank (e.g. TD Waterhouse, etc.) go bankrupt, as an account holder, you could lose your securities. Apparently, account holders of JP Morgan lost their investments when JPM went bankrupt, as JPM had taken client assets as a secured creditor while being the custodian for these client assets. The alleged purpose of this law is to ensure the financial stability of the clearing houses.

Is this correct? What protections do Canadian investors have? Do we not "own" outright the stocks or ETFs which we purchase? Are there any actions which individual investors can take to protect themselves?

Thank you for this excellent service.

Q: Would you consider this company having a reasonable prospect for growth and valuation recovery long- term? Would you consider starting a position in it and accumulating the dental company stock at this time ?

Q: 8:22 AM 9/21/2023
Hello.. I really like the idea of a nicely balanced "mom" equity portfolio. You mentioned FTS for example. Could you please suggest what stocks you would put in it mainly for dividend income [hopefully yielding 4.5% or better] and enough growth to counter inflation over the long term.
Thank you............ Paul W K.

Q: Haven't seen a question on this since May, do we still consider this a good option for high growth?

Q: If I sell a stock in tfsa, how long before I can buy that same stock in a regular account? Thank you.
Rose

Q: It has been over a year since you were asked for an opinion on Vail Resorts, please provide us an update on its future prospects and whether you view it as a buy, hold or sell. Am thinking of swapping this for something in US consumer defensive or healthcare, such as Walmart, Costco or Pfizer, a RRIF portfolio so income and stability with steady growth are important. What do you think of this change? Which would be your first choice of the listed options? Thank you.

Q: Hello 5i, common question for you but I have very little bond exposure and was looking to start building a fixed income portfolio. Can you give me your current top 5 bond picks (assuming ETF's). This can be USA or Canada bonds.

Q: Wondering what you guys think of Instacart, they have been in business for a number of years, and offer a service that could become quite popular.

Q: From this list what would be your top 3 picks for buys right now with consideration of long term growth in TFSA? If you feel any other picks would make it in to top 3 (besides NVDA/GOOG) please include those as well.

Q: I going to initiate a sizable position in VTI.US and VUS.T, what would you consider a good entry point and a great entry point. And would it make sense to leg in over a six month period? Thanks for your expertise.

Brian

Q: An observation: stocks sure go DOWN faster than they go UP.
Derek 🤪

Q: WHat do you think of this company? Growth, valuation, buy/sell?
Thanks,

Q: I hold this and as such I guess I have shares of the spun out new private company. It is held in an RRSP. Are there any issues with this?

Q: Hi 5i
Today while market was busy crashing, CGX was heading higher in heavy trading. Do you have any idea what is going on? major news ?
I have been trying to start position at 7.75 and wondering if that price has slipped away...or just wait....my hold time frame is 1-2 years... in your opinion Increased risk given current market conditions?

thx
jim

Q: Hello 5i,

Currently looking for additional US stock exposure and I am considering either FLGT or PERI as potential candidates. Sector allocation is not a factor.

Between these two companies which, in your opinion, has the best runway for growth over the next 5+years?

Thank you in advance,

Greg C.

Q: Hi Peter,

What is your current outlook for ZBRA? It has been drifting lower since the last earnings report. Their announcement yesterday of mobile pay system has not generated any enthusiasm.
Regards
Rajiv

Q: If you were to build a portfolio of just ETFs, what 6-8 would you select? Maybe ignore Canada for this scenario as I have plenty of individual positions I'm quite happy with.

Q: Your opinion please on whether or not this is worth holding for the dividend and a future recovery for the financials sector. Thank you.

Q: Hello, I have NVEI in my TFSA with a loss of over 50% so far. I have cash available to average down. I have no incentive to sell at this point, the shares being in a TFSA. Should I double down on the stock at this point or wait at year-end after the tax loss season is over? I could also see what happens with the Q3 results in November. Thanks

Q: I like the industry - it has a very long future - and then spotlight is not on it currently. PLC's price is hitting new lows. Is this because the company is not as good as once thought? Or might this be a winner is a couple of years?

John