Investment Q&A

Q: Hello 5i Team,

I have a 2% starting position in GRT.UN which I'm thinking to bring up to a full position of ~5%. Today I am just over 15% in REITs. Being retired I look more for income than growth.

Looking at past comments on this stock I see it has not been commented for some time. Could you provide a review of its current status?
Thanks,
Ronald

Q: I have a good gain in Parex (PXT) so far and I was wondering what your takes on the company is going forward? It recently came out with an excellent reserve and production update and the shares jumped. Should I continue to hold it or take some profits? More importantly, is the stock still a buy today, after the reserve increase and corresponding raise in the share price? Thanks.

Q: I few years ago I purchased Torstar TS.b for about $9.00. I have seen it fall to about $5.00 and now it is up around $8.00. I have done well on other buys most recently thanks to you. I am thinking of selling and would appreciate your comments on selling and a replacement. Great work. I hope the driver that hit you was charged.

Q: Hi Peter and Team,

How would you differentiate the holdings in an RRSP vs. TFSA account, with regards to risk, reward, etc. etc. (I have until now mirrored each as I have 20+yrs before I withdraw either and max out contributions to both).

Q: What do you think of Sandvine's earnings (SVC)? thanks

Q: I have been doing some private 2nd mortgage investing and even though they pay and attractive 16% annually, you are locked in for 2 year. Instead, the Life and Bank Split Corp--symbol LBS has been recommended to replace some of the more riskier 2nd mortage investments. Can you please provide and opinion?

Q: When one speaks of a stock being 10% of a portfolio, should one be considering just the "equity" portion of the portfolio or should one consider one's overall investment portfolio that includes bonds and cash? Thanks.

Q: Peter & Co.,
Horizon North Logistics (HNL) has had to evacuate 200 workers from one of their camps because of a fire threat in Northern BC. This will no doubt impact earnings and the stock took a bit of a hit which continues its down trend.
Do you see the current price as a buying opportunity or is it better to avoid the stock until the fire issue is resolved?
With appreciation
Ed

Q: Could you please give me your latest analysis of Facebook [FB] from your various sources, such as Bloomberg. They are reporting later this month. Do you see the stock exceeding its previous $72.59 high in the near term? Thanks much.

Q: In regards to the interest rate sensitivity issue and the way ahead for the "Fed",could advise if the preferred shares Great West GWO.PR.R and Fortis FTS.PR.J have much upside in the next twelve months? I own both just above the $25.00 issue price. Thank you.

Q: Blog. On July 14 question from Cam - you mentioned posted a blog on corrections in the blog section. Where is the blog section?

Dennis

Q: I recently did a stock screen of cheap companies based on large, well-known companies that are trading at less than 10 PE. Deere & Co (NYSE: DE) came up.

What is your view on this stock for a medium-term investor?

Q: Hello Peter and Ryan,
I have rebalanced my growth portfolio and also have new money to invest in 4 to 5 positions for the long term.
In the 5i 20 growth portfolio I have 16 of the stocks except the following 4 stocks CSS, FSV, G and MG. At present valuations is it still advisable to add these stocks or would you suggest other stocks.
Thank for providing such great insight, Ronald

Q: Hello Peter and Team,

At the end of this year, I'll have to convert my RRSP to a RRIF. Since my spouse is younger than me, I understand that I can use her age to determine the withdrawal rate, which I hope is correct. Since I won't need all of this extra cash, I read that one can make an in-kind transfer to an unregistered account, while paying taxes on the amount transferred, of course (!) Our TFSA's are maxed out, so these surplus funds can't go there. Is this a good strategy? If so, how can I determine which stocks (mainly from your model portfolios (thank you, thank you, thank you!) to transfer to an unregistered account? Alternatively, if there's an article describing this strategy in the Canadian Money Saver, I'd appreciate learning the issue(s) to look at. I attempted a search on the CMS website, but couldn't find exactly what I'm looking for.

As usual, I really appreciate your truly valuable service and timely advice.

Q: goodday, iwould like to buy PPY,and AVO on margin as they look like a couple of very nice companies to own.looking for growth in the next 6m to a year.good/bad idea? tkx pat

Q: Hi Peter and staff: I currently hold PPY , AVO and SYZ (4% each). would you add additional shares at current prices or wait for a fall back and then buy?

Q: Hello Peter and Team,

What do you think of Grenville Strategic Royalty Corp (GRC-X)? Looks to me like a mini Alaris Royalty. National Bank has initiated coverage on this stock and anticipate a dividend of 0.05$/year to be announced by year end.

Q: Hello Peter & Co,
Yamana Gold has lagged Goldcorp (5i equity) and the XGD basket partly because of its venture with Osisko; I'm thinking of buying it (for one seasonal cycle) purely on a valuation basis.
I'm not confortable enough with gold to make it a long term holding.
Your comments?
Thanks
Tony

Q: PMO005....Pimco Monthly Income... I had this transferred in from my wife's "fired" advisor account. Is it worth keeping? and,if not, could you suggest an ETF. Very hard to find any info on this product. Thank You Ron

Q: General comment on ACQ.With all due respect to your positive opinion,I have 3 issues.Recently,it did a equity financing of 2.565m shares @ $78.,but its owner,CAG sold 2.5985m shs @ $78.If CAG did NOT sell,it may not have to do the financing.Why did CAG sell,even though it still owns 9.6% after sale.2)Reportedly,auto sales is @ a record level with easy & cheap financing.A source pointed out this could be a "auto bubble" similiar to "sub prime"3)What will be the effect once interest rate starts to climmb?Yellen indicated that bank rate will not increase until mid 2015,but many analysts are predicting US 10yr bond rate could increase fr current 2.55% to 3%-3.5% by year end.Thanks