Investment Q&A

Q: Hi Peter,
I realize you are mainly into stocks but I had a call from a company named "Rare Diamond Investor". They sell coloured diamonds as an investment. Just wondering what your thoughts on that are? Is it a risky investment. Thanks.

Q: Hi 5i team, we have read Random Walk down the Wall Street. Joy to read it. My question is on the other book Stock Analysis. Would it be similar to Intelligent Investor by the same author? Also, how about Non-random Walk down the Wall Street?

Q: I am a conservative investor. Please give me your top picks in the following groups: industry, resources, consumer, finance and utilities. Could you also provide an exit value for each pick. The picks would be for long term holds. Thank you, love the web site.

Q: Regarding the earlier question about Partners, PAR.UN my portfolio is set up for income with some growth with 4% in REITS.
Would you consider the addition of Partners as an opportunity to pick up yield with potential longer term capital appreciation once the dust clears or is there too much risk involved, either the distribution being maintained or other concerns?
If the addition has merrit would a switch from RioCan make sense or should I use new money?
Thank you for your thoughts, Brian

Q: I am interested in Horizons Active Floating Rate Bond ETF ( HFR ) as part of a fixed income allocation. However, I am hesitant because of what I don't understand ie." The ETF may use derivatives,include interest rate swaps to deliver a floating rate of return." Is ths benign or a red flag?

Q: Good morning. I would appreciate your thoughts on CHR.B Thank you. John.

Q: Is TA still a poor investment or is it improving considerably
Thanks

Q: Hello Gentlemen, I want to invest 20K for the next 6 months. What would you suggest to give me the highest return with moderate risk? Love your service!! Thanks Dave

Q: Dear 5i
I ve held Boston Pizza for 6 months and am down about 3-4 % .
Do you expect better things out of this company over the next 6-12 months ?
I m not sure whether to hold longer at least until the next dividend or to sell and invest in something with greater growth potential same sector or not .
What do you recommend ?
Thanks
Bill

Q: I have held a Man AHL hedge fund MCC101 in my RRSP for a number of years. It did well in the market crash. I think it would do well in a market up turn but in an up and down market like we have had it does nothing. Is there any point in holding on to this? I think if I just followed your model portfolio I would do (a lot) better.

Q: What are your thoughts on rate reset preferred shares. I own some CCS.PR.D and next year is the reset date. Is it likely that they will be redeemed rather than reset? If so the return left on these is very poor, if they reset then I would think the price will rise.

Q: Would appreciate your thoughts on Whistler Blackcomb (WB) for growth & income. How safe is the dividend? Should one be concerned about the seasonality of the business?

Thank You.

Q: Hi Peter and Team

I am a timid do-it-yourselfer Senior and do appreciate the service that you and your team provide.

My question is about the treatment of an ETF, by the CRA, that is sold on both the TSX and NY, under different symbols. My example is the Vanguard ETF VIG and VGG, and there are others. They are both the same fund since VGG holds VIG as its sole holding. However VGG is sold on the TSX in Cdn dollars while VIG is sold on the NY exchange in US $. VGG is not hedged. Is VGG treated as a Canadian ETF and if so what implications does that hold for tax purposes since it has US holdings. They each pay a dividend in US$ and I would assume there would be a 15% withholding tax on each of them. Perhaps you might also comment on the requirement by the CRA to state whether or not one has $100 000 in foreign assets on one's tax return and what implications if any there are with purchasing either of these type of twin ETF's into one's portfolio. I would appreciate any clarification that you might provide.

Many thanks

Bill

Q: Could I have your opinion on NFLX please.

Thank you,

John

Q: Bought some Royal bank of Scotland, I am a value investor, but with the announcement by gov of England talking about good bank/bad bank I assume this will reduce the book value of rbs. I realize it isn't a 5 star company maybe not even a 2 but neither was AIG after 2008. What are your thoughts on this latest news and rbs in general?

Q: What do you think of transat. I purchased some years ago at $5 due to your recommendation and now I'm unsure whether I should completely sell out or continue to hold, do you still cover the stock and what are your thoughts regarding its future prospects ?

Q: Hi,
What's your opinion of MBAC (MBC)? It can't seem to get any traction. Should I just take my loss and move on?
Thanks, Ian

Q: Hi team,
I'm looking to consolidate some of my positions to reduce the number of stocks held across 3 accounts. I have 3 US stocks in my LIRA - Apple (AAPL), Cooper (COO) and Mosaic (MOS). I realize they are all very different companies, but if I was to sell 1 to buy more of the other 2, how would you rank them?
Thanks again! Ian

Q: Hi, a question regarding Andrew Peller. I purchased it recently and have some concerns as to how the Canada/European free trade agreement could affect the future business of adw. After all, every wine drinker must be looking forward to more and possibly cheaper imported European wines. On the other hand, could this open up more export opportunities for adw? I am not a wine expert but I can't imagine Europeans looking forward to having more Canadian wine available. Any thoughts or comments would be appreciated as always. Thank you.

Q: Hi folks, continuing to appreciate your investment advice. Would you consider wajax a buy at this time?