Investment Q&A

Q: Hi 5i team
In my LIF acct I have 13% in cash and 13%fixed income ETF's and rest in equities. The cash and FI portion is enough for 5 years of my required payout. Should I have this much in cash or should some of it be at least in Fixed income? Also in my RRSP I have 10% cash and 18% Fixed Income ETF's the rest in equities. But I don't plan on taking monies out for 6 years. Should I be investing some of this in equities? Do I have too much in cash? I am 65.
Thanks for any advice you can give on this.

Q: wondering about kmi kinder morgan
why is this one lagging so much with the energy boom and prices right now.
you think its a buy?
Thanks

Q: Can you tell me anything about a us company Invensense INVN. A technology company for wearable applications. Would this be a company google would want to buy? Or does it have merit on its own? Comparing JDSU-- JDS Uniphase to INVN, which would you buy or would not buy at all. Thanks.

Q: Thanks Rod for your great tongue-in-cheek comments, which mirror my own investing journey closely. Your Traders Anonymous group will likely be small, however, since most of us don't see the foolishness of our hyperactive trading until we are "really old" (over 45 in your youthful estimation).

Q: Hi Peter, It seems to be getting more and more difficult to assign categories to stocks as some of them have attributes associated with different sectors in terms of interest-rate/business-cycle sensitivities. For example, DH has elements of Consumer, Financial and Technology in it and EH is half Financial now. My question is, how much connection, if any, would you accord to REITs and the consumer? REITs are not all equal, so please use Riocan (REI.UN) and CAP REIT (CAR.UN) as examples. Thanks as always. Henry

Q: Hi 5i team
I am still holding VRX Valient at a 13% gain. It is 4.4% of my portfolio. With all that is going on right now, should I still hold onto it or sell it?
Regards
Kathy

Q: I am thinking of opening a small (speculative) position in American Apparel (APP) now that they've relieved Dov Charney as CEO and Chairman of the Board. I can't help but think that this company can't get any worse than it already is. Exclusive of the fact that the company could cease to be a going concern, do you see any other near-term risk? I don't want to engage in speculation if there are other factors (i.e. a delisting) that could vaporize my investment.
Thanks!

Q: Good Day 5i Team,

I am a new investor who is starting late in the game, I am 49. I will be investing $700/month into my wife's TFSA and $700/month into my own TFSA. I have trading authority on hers. I have reviewed the Model Equity Portfolio and am fine taking risk in order to grow my investments over the next 15 years, not much time I understand but better late than never right?. My questions are:
1. Do I buy 1 stock at a time each month with the $700 ($1400 total between the 2 TFSA's) or should I wait and buy every 2 months so I have a larger dollar amount to make a larger purchase and also reduce my trading fee?
2. Is it better to spread the $700 ($1400 total) every month equally between 10 stocks and just purchase the same 10 monthly?
3. Do I limit myself to only 5 stocks in different sectors with one of the above scenarios?

Or do you suggest something else?

Thank you very much. I know that these questions might seem remedial but I would sure appreciate some guidance.

Paul

Q: Hi Peter:
AEM is having a nice run up, is there a fundamental reason for the rise in the stock ?
Thanks,

Q: Hi Peter and team
Recently Michael asked about Chicago Bridge and Iron. I saw this on RBC morning notes and it may be of help.

"Chicago Bridge & Iron Company N.V. - $68.26 – Debate Over Purchase Accounting Adjustments
Guided Portfolio: Midcap 111, S&P – Hold (PT $87)
Chicago Bridge & Iron is the subject of a 38 page strong sell (recommendation) report titled “Acquisition Accounting
Gone Nuclear”. The report questions purchase price adjustments made in the last year (post the Shaw acquisition)
by CB&I, considering them “shenanigans”. The report suggests that several nuclear construction projects are having
cost over-runs and reserve accounts are being used to mask the issues. This is a nuanced issue as reserve accounts
are appropriately used to address cost over-run potential in accounting convention. Apart from the negative report,
we have a current information vacuum from sources and management. We would hope this is addressed before the
week ends"

Ross

Q: Hi Peter, Canyon Services FRC is buying a private company Fraction Energy Services for $101 million. Can you give an assessment on the deal and what impact it may have on Canyon and do you like Canyon going forward, their management and comment on any debt. It's up 5% today.

http://www.newswire.ca/en/story/1375637/canyon-services-group-inc-announces-agreement-to-acquire-fraction-energy-services-ltd

Many thanks!

Q: Hello,

I have invested in your stock portfolio (thank you) plus I added CAM and EFN (5% each similar with the others in the portfolio).
I have around 150k more to invest. Do yo suggest adding to the existing portfolio or adding new ones?

I was thinking about SGY, AVO, CXI, EH, CFN, WCP are they worth an entry point at their current prices or I should hold and hope for a dip? Do you have any other suggestions? I'm looking for growth, my biggest challenge is knowing when to sell.
BTW this is a non registered account.

Thank you for all your good work and patience
Marios

Q: I know you've recently answered questions on QST, but i was wondering if you thought today's pullback of 8% would be a good place to initiate a position or should we wait for a further pullback? Would you be comefortable buying at current levels, or would you wait for <4 dollars? Do you know management

Q: At the beginning of the year my childrens TFSA's were invested in ACQ,AYA,CGX,and ESL.ACQis up 115% and AYA 155% (thankyou for that). Would you recommend taking some of the gains and investing elsewhere or let the winners ride. If the former given the current stocks held what companies would you suggest?
Many Thanks Mike
p.s. the kids send their thanks too!

Q: Hello Peter and colleagues, I am a holder of FLY and just want to let folks know that the sell-off is because of settled litigation - unfortunately the posting on the litigation is rather vague, so led to sell-off. It could be good news or bad news as the litigants now say they will work together. I bot some more.

Q: is slw a good buy

Q: ITP Intertape Polymer has recently had a 22% pullback. What caused this pullback in price? It's EPS is zooming upwards to + 1.50 and it's had a huge runup these past 3 years from $1 to a high of $15.62. With a yield of 2.88% and PE of 7.44. Would you recommend this stock and what price would be a good entry level? do you see it at support at it's present price of $12.19 or do you think it will go down to $9.00? thanks for your thoughts, Jan

Q: Peter; After looking back on my trading activity for the past six months I think a new self support group
would be a good idea. Even though I am up roughly 25% If I had kept my finger off the buy/sell button
i would be up about 35%, not counting trade costs. So for those who have the same problem welcome
to TA.COM - TRADERS ANNONYMOUS.COM-. Stop watching BNN.COM , reading the Globe and the Post, listening to every pundit and paid shill about why you should buy and/or sell a stock. Buy and hold
dividend paying companies that have a long track record of increasing earnings and dividends. Buy ETF 'S that mirror the general economy both locally and internationally. Balance them equally and forget about them until you are really old- say 45- then rebalance every 5 years. This is likely as hard as quitting drinking, smoking or gambling but the rewards will be worth it. Meetings will be ervery Friday after the market closes
and admission is a copy of your trading records for the past week.
This is obviously tongue in cheek and publish if you wish and add any comments.
Rod

Q: Any comment re BBRY earnings announcement this morning ?

Q: Good morning; When might I expect to see stocks like Badger, Painted Pony etc on the BNN ticker tape ?