Investment Q&A

Q: Hello 5i,
Wishing you a very happy and prosperous 2017. And thanks very much for your advice in 2016—it helped to make that a good year for me and many others.
I need to take money out of my margin account for a purchase. I am thinking of a strategy that sounds vagely illegal but I don’t think it is I haven’t read anything about this anywhere. . I thought I would run it by you.
I have high capital gains in fairly conservative blue chip stocks, such as BNS and BCE. I have been thinking about buying a substantial amount of the same stock at todays price, thus bringing my ACB down substantially and thus reducing my capital gains. Then selling the same amount for the planned purchase. Of course at a substantially reduced capital gain.
I know that there is some risk that the stock could move in the time between the purchase and the sale, but with a stock like this probably not too much. And if it did, I could hold it for awhile. Even if dropped considerably ( probably unlikely) I could make a case for holding it.
It seems like an altogether too easy a way to reduce capital gain taxes and make some money. Am I missing something here?
thanks

Q: Could you please suggest where the funds from the sale of the propane division will be applied and the impact on the business..

Thanks Bob Rose

Q: Hi saw the President elect tweeting threats to Toyota today in regards to building a plant in Mexico resulting in a substantial tax
Contemplating a buy in BUS and am wondering if the Dec 12th press release in regards to achieving "BUY AMERICA CERTIFICATION" will be solid enough to avoid future issues, or could Trump muddle this up?

Q: What do you think of Cipher at the moment? I am down on the stock but it has had a bit of a comeback recently. Sell now or hold?

Q: Joining 5i (and following your advice!) has been my best investment decision ever. Thanks for a wonderful service.

I'm planning to move one of Cineplex, Stantec, or Stella Jones from a RIFF to a TFSA, and am wondering which of the three you would think would be poised for greatest growth over the next few years.

Q: To add to your response to Carl's question "why would anyone ever buy pref shares" - Hymas Investment Counsel specializes in Pref Shares and has a number of publications available on their website including "Why Invest in Preferred Shares" and "Security of Income versus Secrity of Principal". These might be helpful. www.himivest.com.

Q: I know 5i's focus is not value investing but could I get the top 3 picks from your coverage universe that would fit or somewhat fit the criteria of a "value" stock at current prices.

Thanks

Q: Happy holidays to staff and members.

Would it ever make sense for pbh to purchase gcl? Does the ownership structure of gcl make that a possibility? Gcl has such a low market cap but has significant revenue, I wonder if pbh would be able to ring value out of the company?

Regards,

Robert

Q: Happy New Year to all at 5I!

What`s going on with the uranium sector. Seems to be on fire.

Q: I want to put some money in semiconductor stocks. Do you have a company name or ETF that you would recommend? thanks

Q: Hello 5i

Can you give me 4 names for Artifical Intelligence as that area looks good moving forward

Thanks Mike B

Q: can you give me your opinion on PIH any reason for its recent move

Q: Hello 5i,

Just wondering if there is any company specific new on BOS recent recovery or is it likely related to an industrial Trump Bump and tax loss selling recovery? Is it still worth holding on to for a higher exit price?

Thanks,
Angelo

Q: What are your favorite blogs that you read everyday? Trying to increase my market awareness. If you were to devote one hour per day to your investments what would you do to "stay in the loop"?
Thank You Ron

Q: I am considering taking a position in Nike, using the thesis that its better value to buy a strong company beat up rather than a momentum play. Your opinion gentlemen.

Q: Do you think DCM is financially strong enough to pay back the principal on their convertible debentures maturing 30/06/17? Do you think it is a reasonable buying opportunity at current levels?

Q: Hi 5i team,
My US portfolio is currently about 9% and consists of GOOG, FB, SBUX, GE, MCD, PM & DEO. I want to buy ETFs to bring the % up to around 20%. In a recent newspaper article about the high valuation of US stocks and possible volatility, the author recommended ZWH and ZPW instead of buying broad base market ETF.
What are your opinions of these two ETFs? Would they be useful tool to reduce risk while still participate in the US stock market if it goes up and also earn some dividends? Which one of the two is more effective or they should be employed as a pair? Many thanks.

Q: The price for tembec had been incresed 100% for last 1 & 1/2 months with above average volume. Is there any specific events that can explain for hugh jump ?

Q: I have recently purchased this company and would like your opinion.

Q: Hi 5i! It has been a long time since anybody asked about Celestica. Don't even hear it talked about on bnn these days. Any new thoughts? Is this one to consider for some tech exposure? Thank you.