Investment Q&A

Q: This is a follow-up to the answer to the "hold winners vs sell part of winners which are too large a percentage of your portfolio".

It is often hard to sell any part of something which is doing well and lookss to be doing more of the same in the future.


What I have done instead of selling to bring the percentage in line is to place a trailing stop on the amount which you would have to sell to bring the diversification back in line. Obviously trying to get the best of both worlds.

Would you have any comments on the validity of this strategy?

Q: Hi, guys. question: why would kingsett chose to buy up to 5% of primaris' shares now? even with this 5% block, I find it unlikely that their bid would receive enough support to go through. seems like an inefficient use of cash buying primaris in the high $26s and $27s when the value of pmz.un's shares based on hr.un's current share price is lower. seems to me like kingsett could get an better immediate return buying hr.un. your thoughts are always appreciated.

Q: SH-N With the US market having been on an upside ride for a while and at fairly lofty levels, does the risk/ reward ratio of using SH to short the market in order to protect myself against losing some of my gains seem like a reasonable trade? SH appears to be at about a 5 year low.

Q: hello 5i:
I've read your answers to previous questions regarding Cameco and the uranium industry (lukewarm would be my description of your opinion), and am wondering if your opinion for the industry has changed at all from November. I note that Japan has said that they will continue their nuclear program, and that China is planning at least 4 new reactor sites. I also read that demand already exceeds supply. Can I have your take please? Are my sources questionable?
thanks
Paul

Q: Hi team, over the last year I was having trouble finding individual stock to buy so I just slowly built up a fairly large position in XTR which is nearing 6% weighting in my portfolio. But quite frankly I have begun to enjoy the monthly income, so my question is in your opinion is the distribution sustainable, or should I sell a little off? I have it in my wife's RRSP and my kids RESP.

Q: Hi everyone a few years back I took a position in Leisure world LW at about $10.00 in my TFSA. Some TV experts seem luke warm to this REIT, saying that making money in senior cars is tough. My view is that they are in a high demand area so I am still holding. Is the senior care sector a bad investment area, or should I just sit back and collect my 7% until I need to move into one of their facilities?

Q: Hi again, I went into Game Host GH several years back at about $11.00 looking for a little dividend income, which they have consistently delivered. However today it broke through $13.00 and I am still holding. They have never missed a divided payment and their Casinos and hotels seem fine, so do I just sit back and collect or sell? I would be interested in your insight.

Q: Hi Peter
I`m considering positions in CFN , MCB , and MTY at this time . Do you still consider these companys solid and worth investing in, in 2013 .
Thanks
Bill

Q: Hi Peter and Team,
Thanks for a great first year of interesting and profitable investment advice. I will be renewing soon and look forward to the coming year of 5i reports.
My question concerns what seems to me to be contradictory advice having to do with portfolio rebalancing.
My approach is both capital gains and growing income for retirement. I have 20 stocks in my portfolio with what I consider to be good names such as STN, TRP, ALA, ESL, SYZ, AYA, BCE, etc. To me, some of my holdings are just getting rolling. If I sell back to 5% every time there is a rise in the share price it seems as if I am eroding my possibilities of future price and income gains (especially given the good prospects of dividend increases).
In a recent answer you said that an investor should not sell a good stock just because it is up. How do you reconcile these two assertions? Thanks again for the excellent service and have a great 2013. Rob

Q: 3% drop in 30 minutes at end of trading day ?
Does someone know something we don't know ?

Q: hi, do you think Sylogist,[syz]would be a solid long term holding, say 5-10 yrs, for a 59 yr. old retiree, thanks?

Q: Osisko Mining (OSK) is down over 6% today and hit a low of $7.06. I can't find out why? Do You have any clues and would you recommend it at this price?

Q: I will soon retire. What do you recommend for my TFSA ($25500) for income? Keith

Q: Recently you mentioned BA is not your favorite in the sector. Can you tell us what is your favorite?
Peter B.

Q: Hi Peter can you give me your opinion on ROG thanks!

Q: HI I see HLF is currently down about 8% today, could i get your opinion on it
thanks

Q: Pelangio (px) any comment. I would like to make a comment your answer to Paul about your rating system was so enlightening when you said the mistake most investors make is to sell a good company to take a profit. I have regrettably been guilty of that. I can mention two TRP and Cineplex is it to late to get back in.

Q: Good day Peter. I am very happy to renew as your service and ability to review members questions has been very helpful in my retirement years.
I would like to expand into some U.S.stock picks. Are you aware of a similar service subscription in the U.S. you would recommend?

tks

Q: Peter; With Aar.un increasing their issue size do you think it is still a reasonable buy at the current level? Thanks.

Rod

Q: Peter,

What do you think about WND after the revised offer? Including the project do you think it will be worth around $3.00?