Q: Good morning 5i. I have held ZGI (BMO Global Infrastructure) for some time and it has done fairly well. Can you give me your thoughts about the ETF? Thanks.
My kids have saved up some cash from Birthday gifts and holiday gifts over the years. They are 12 and 10. I have convinced them to put some into their RESP A/C and they would get 20% from the gov.
On an earlier question you had suggested picking up DIS for long term stability.
At a PE of 20.9 would it be ok to do that as the kids can relate to DIS.
If ok would you hold it in US$ for diversity?
Q: Hi Peter and team, my portfolio is currently 100% invested in canadian stocks. I'd like your recommendations on an american etf as well as an international etf to help me diversify. I'm looking for long term growth. Also what percentage of my portfolio should be in each? Thanks for your advice.
Q: I bought Blackberry on the way down over the past few weeks to average down cost per share and thus my potential loss if the $9.00 per share offer worked out. We now know the sale to Fairfax didn't happen. Would it be wise for me to now sell all of my stock, and wait 30 days to get the tax loss, and re-evaluate at that time if I even dare to entertain owning shares in Blackberry ever again? Surely even if Mr Chen is a miracle worker it would be unlikely to happen that fast. comments please
Q: Any comments on the new release by PHM? Their results look pretty impressive, though not much visibility on next quarter. what would you need to see to warrant a buy rating?
I am looking at purchasing a large cap oil company. I would like your opinion on cnq vs suncor? Suncor seems to have rocketed up and cnq is still in the low 30s. What would be a better hold? Also, in general what would you consider a good percentage for a portfolio return, per year, 5%, 7%? What did you aim for when you were a portfolio manager?
Q: Hi Peter and 5i,
How significant is Carfinco’s (CFN) news that the interest rate on their senior credit facilities is being lowered by 0.5%? I would have thought that with their business model the interest expense reduction would be reflected by an approximately equivalent (dollars, not percentage) increase to their bottom line. Essentially they were just handed a margin improvement. The fact that the reduction is extended to PAC is a vote of confidence in the recent acquisition and a reminder that the more CFN grows the more it will benefit from the rate reduction. The market doesn’t seem too impressed. Is the difference just too small to make an impact or is there an error in the way I am thinking about it? Thanks!
Q: Why do some companies announce their latest quarterly earnings (eg., AGU today) after the close of markets? Is this an indicator of impending poor results?