Investment Q&A

Q: Good Morning,

I have held MO for a couple of years now and am down 20%. It pays a good dividend. Is the income relatively safe and secure? Will the price rebound and possibly grow?
Your thoughts would be most appreciated.

Q: The last question for this ETF was in August of 2021. What is your latest assessment?

Thanks.

Q: Hello Team,
Would you have a preference between these two stocks, or would you recommend both?
Thank You,
Barry

Q: I am thinking of adding some HSUV.U to my cash account to earn interest on some U.S. cash that I hold. Do you think that this is a good time to purchase this fund, or is it selling at a premium now, and would it be better to wait? Also can you confirm that the gains are taxed as capital gains in Canada, and is there U.S. withholding tax on the gains? Also, can you suggest a better option with better tax treatment?

Q: Happy New Year 5i group,

My son setup his FHSA with TD bank, the advisor set up his account and bought "TDB866" mutual fund. Could you please provide comments on this fund's future prosperity? He hopes the money in the account can grow nicely to purchase a property in a few years. thanks.

Q: I own these three stocks for consumer defensive:

L - half position
PBH - full position
Costco - half position

The analytics tool is telling me I'm low on consumer defensive. Would you just add to L and Cost or would you add another name?

Thanks,
Robert

Q: Based on you dropping coverage of DND I think it's time to cut my losses and move on as well. Can you please recommend potential replacements? Would DCBO be one or are there others that would be better from a risk/total return perspective over a 5 year time horizon?

Q: Hi, I own MRE with some profit. Would a switch to LNR be a good strategic move for the future. How would you compare these two? I bought Magna recently and would keep it. Thanks

Q: Have the following in a basket. Closely weighted. Looking to add a new similar weighting equity, want to buy and leave for 10 years. Can you provide top 3 suggestions please. As always, thank you.

Q: Would you kindly pick 4 stocks (at least 1 of which is a Canadian stock) that you believe could increase in value by 1000% over the next 10 years. Each must have a current market cap of at least $750M. Please provide a short reason for selecting each stock. Thank you.

Q: Dear Peter

1) is there a CDIC insurance limit of US$ 100K for US denominated accounts, or is it CAD$ 100K for US denominated accounts?
2) we have US$ and CAD$ denominated TFSAs with account numbers having the same first 6 alphanumerics and the last alphanumeric being different. For CDIC cover, would these US$ and CAD$ TSFA's count as one account or two accounts?
3) We bank at one of the largest banks in Canada and we have two investment accounts which are 5 times bigger than CDIC insurance cover. We wonder what other investors do in such situations -- do they open more investment accounts at other institutions in order to get the CDIC cover? Do they just stay with their current broker to keep their investment tracking simpler?

We'd appreciate your comments on: a) options and, b) what most investors try to do, if anything.

Happy New Year. Many thanks for your usual sound advice.
Hi again Peter - re my earlier questions about CDIC insurance, i have found out that usd is a covered currency, in fact the CDIC website says foreign currency which captures a lot. I've asked TD whether our non-registered USD and CAD accounts are insured separately for $100k each or are insured as 1 account - still waiting. And re the ability to better CDIC insurance with more accounts for our fixed income, i'm still interested to know of any innovative approaches you may have seen. Many thanks.

Q: Recently, David Friedberg was asked for his prediction for the worse performing asset in 2024. He said he would be short vertical market software (SaaS) and be long cloud providers that have AI tools and platforms that will allow enterprises to build their own custom applications in a low-cost, low code way. If things play out this way, do you feel it could pose a risk to CSU’s business model?

Q: If an ETF distributes a high proportion of ROC every year ,and if I never sell this ETF,could the adjusted book value become "negative" at some point ? If not,this would mean that the maximum capital gain would always be limited to the NAV if sold ,even if the distributions ,after many years, would exceed the adjusted book value ! there is also a tax advantage as long as it is not sold..

Q: Looking to invest my TFSA contribution. Can you give me your top 5 Canadian dividend growth stocks at the moment.

Q: Which would you recommend and why
Manulife or exchange income fund
Thank you

Q: Is this a good entry point to buy BTI? Is the dividend safe? In which account should I hold the stock to maximize after-tax return? cash, Tfsa, rrsp in cdn or us$

Thank you

Q: Would you be comfortable with a full position in HPS.A? Thank you.

Q: I hold both Peyto and Arc Res. I feel it would be prudent to only hold one of these. Peyto yields 10.2% vs. Arc at 3.3%, Pey more oil, Arc primarily gas, PE ratios are nearly identical at 6.8. LTD levels are similar considering the size of the companies.
I also hold PXT which I could sell and invest the money in these 2 names. Any thoughts? Thanks

Q: In your opinion, is it worth holding on to AQN for the potential benefits of it's renewable business sale/split (and whatever other news follows), or sell now and invest in to companies with more proven management and stability e.g. I'd be putting the proceeds mainly in to BNS and TD.

Q: This stock has struggled compared to its large cap competitors such as CNQ and SU. I have a position which is underwater and in your opinion is it a buy, sell or hold. Thanks. Rick