Investment Q&A

Q: hi,
the TSX 10 years ago (jan 2014 ) was around 14,673. using the current price as I write ( 24,817 ) gives an annual rate of return based on these numbers is less than 3.5%! I assume that the dividends are not included in the numbers I provided ( from globe investor chart )? is this correct? do you have numbers for the average TSX dividend yield over the last 10 years? this compares with ( using same "method" as above with TSX ) with the S&P500 doing approximately 11.7% annual return over the last 10 years ( again, not sure if this includes the average dividend yield of the S&P500 in the numbers?). a snapshot in time of course, but illustrating the gross underperformance of the TSX in comparison the US markets ( nothing new here ). can you provide current valuation data/analyses for the TSX and S&P500 and comparisons to historic valuations please. Can you please include valuation methods of the "Fed-model" (and CDN equivalent), Ben Graham, Buffet, Schiller and other "big names" one might use please...
all the best
Chris

Q: Can I have your opinion on these three actively managed fixed-income etf. Which would be your preferred one and why?

Do you have any other suggestion?

Thank you,

Q: Everyone, what are your investing red flags? Clayton

Q: Which do you prefer for a 3 to 5 year hold and why? Looking forward minimum volatility and preservation of capital. Do you have other etf to look at? Thanx.

Q: Some analysts think infrastructure is a good space to invest in 2025. What exactly is included in the infrastructure space and what are some companies that you think have good prospects for 2025?

Q: Hi Peter, I was looking for a low risk income product and wanted to get your thoughts of these two funds. Which one would you recommend for low risk income. I would like to diversify my holdings into some quality fixed income. If there is something else you prefer - I would appreciate it.

Thanks

Q: Your analysis please, valuation, quality of management, market share and growth prospects, thank you.

Q: I own three major Canadian Telecom stocks, BCE, Telus and Rogers. They all have done poorly in the Y 2024. I have all three for some time, they all are negative with BCE and Rogers losing more than Telus. BCE and Telus are paying good dividend. I also own AQN which is losing money and paying decent dividend. Should I take loss on these and move? I do not have need for cash. What are their chances of turn around? How safe is dividend for all three? If I decide to take a loss, which ones to keep?
I also own BEPC and BIPC, if I want to keep only one of them which one has better potential? If I decide to sell both of them, what would you suggest to replace them with? I do own other utilities: EMA, ENB, FTS, TRP and PPL.

Q: Happy New Year to 5i and members, wishing all a prosperous investing year ahead.

It's time to make my annual TFSA contribution. I own AAPL, ADBE CRM, GOOG, NVDA, PYPL, QCOM, and TOL in my TFSA.

I would like to add to one position, which do you recommend? I am overweight NVDA so do not wish to add to that one.

Does 5i consider any of these positions in the 'do not need to own' category? If so, please recommend a replacement (not LLY, MDT, IBM, or MSFT; I own full positions of these in another account). The focus of this account is US equities with a risk profile somewhere between that of the 5i Balanced and Growth portfolios, and the objective is long-term capital appreciation.

Thank you very much.

Q: Can you provide an update on FTEL, CRUZ and LAC. Take however many credits as required. Thank you and Happy New Years to all your staff. Totally appreciate all you do for us investors.

Q: pls provide an analysis on QTUM etf as a play on Quantum computing & AI.
Happy New Year

Q: Merry Christmas! I wish you all the best and a very prosperous year ahead.

With the latest canadian data and of course added political turmoil here. And rates abroad and our neighbors.

It would appear gold will have room to run still. If you do agree I'd like to know.

I'm looking at adding that exposure as I have none with the recent pull back.

My favorite candidates are AEM, WPM.
Would you please provide a reasonable buy range and if anyone is ranked above them in your mind, please mention.

Thank you very much.

Q: Happy New Year Peter and Colleagues.

I want to set aside a small percentage of my TFSA for more speculative and less serious investments. With that in mind, could you please provide a few of your best guesses for stocks with quick growth potential? I understand that these will be higher risk but have a chance of outsized growth.
Thanks.
David

Q: Hello, what is your opinion of the CTA ETF as a means of diversifying a portfolio away from strictly equities and bonds? In general, what would be the % allocation to this strategy in a 70% equities - 30% bonds balanced portfolio? Thanks

Q: Where do you see the stock valuation of Sangoma going in 2025? At $10 it trades at 1xsales or 5.5X EBITDA on Fiscal 2025E.

Q: Interview of 3 economists this month wich similar conclusions :"markets are extremely ( and historicaly) overvalued" , all anticipate some correction in January and "roller-coaster" after..No mention of sectors though ...Do you agree with this overvaluation thesis, and if this were the case ,what sectors would be less at risk ?

Q: Peter Can I please have your take on BTQ?

Thanks

Q: Happy new year 5I! (this question is not urgent),

Given how far the Canadian dollar has fallen, in an RRSP is there any merit to switching a VIG to VGH if one thinks the CAD will bottom soon and then slowly work its way up by 9-10% in value over the coming years?

Thank you for all your insight in 2024!

Q: What is your outlook for BEI? It is down approx. 30% from its high. Has broken well past its 200 day moving average. If you held it today would you continue to hold or sell?

Q: Hi 5i Team,

I am pondering selling some positions in my cash account and buy a few USD income producing investments. Could you please give me your opinions and analysis of OBDC and OCSL given the current interest rate and macro outlook?

SCHD is an EFT I have heard a lot about and looks like a quality holding in an income focused portfolio. Are there any other U.S. ETFs with a similar yield that you would recommend as an alternative or addition to SCHD?

Finally what are the tax implications for a Canadian holding these investments in a non-registered account?

Thanks for the Great Service and Happy Holidays!

Colin