Investment Q&A

Q: With DeepSeek Chinese open source models being competitive with American models using less compute power, I can see other American tech giants and small players try to replicate the same very soon.

How bad is this new development for companies like NVDA and AMD? Should we cash in some of our profits now and wait for further development?

Will companies like Microsoft, Google, Meta, Amazon... suddenly feel like they have wasted their billions? Will this drive a negative sentiment for their own stock prices in the short term ?

What does 5i recommend if we have large gains in the bive mentioned stocks?

Q: If I still own shares by the date the company is acquired will my account simply be credited funds owed and the shares be removed from my account? Or, do I need to sell in advance of the transaction? When is that date?

Q: Peter; Friday night and I just saw an article on a new Chinese AI released today , called DEEPSEEKS. It is apparently equal to , or better, than the AI engines available. I know it’s early days but looking at multiple articles , it could be a major disruptor to others .
I know you can’t quantify the impact but it may be one to watch.
Rod

Publish if you wish.

Q: Will a 25% tariff affect these companies?

Q: With the uncertainty of Trump how do you feel about the oil/gas companies. Specifically CVE, ATH, MEG, BTE. Is it time to buy sell or hold.

Q: Would Canadian funds such as ENCC, BANK, HMAX which hold Canadian stocks be taxed as dividend income or as capital gains income by the CRA ?
I believe that similar funds holding US stocks would be taxed as capital gains.
Thank you.

Q: Which would you anticipate to have stronger growth over the next 3-5 years...and why: JPM or FIX? Thank you.

Q: I have two entirely different endpoints for my TFSA and my RRSP. TFSA is shorter-term funds to pay down my mortgage, and RRSP - its intended purpose, longer-term funding for my retirement. In this case, would you consider the percentage of each account separately when weighting, or use the combined value? Currently I am separating, but because I own a couple of doubles (NVDA and TVK for example), the position sizes are higher than I would normally hold. If considered together, my positions do not exceed my maximum weighting. Thanks!

Q: Just a curiousity.

With the fires in California, a lot of houses will have to be rebuilt. How much a role do you think Canadian lumber would play in that rebuild?

Trump says they don't need Canadian lumber but I'm sure he wasn't taking this sudden need into account.

Q: You may have covered this question but with the exchange on the USD now close to 40% is it worth buying US stocks, in case the US dollar is devalued? The Canadian tourism industry should flourish with the difference in the dollar while not as many Canadians will make the trip to Florida this year.

Q: Any info on VLN.To would be appreciated.


thanks Valter

Q: In a question yesterday - attached - I asked you to recommend one or two US equities and listed those already held. In response, you gave me two equities which I had listed as already owned. Clearly you have not had your morning coffee:-) Please try again.

Yesterday's Question:
VRT has now grown to 9.5% of my total portfolio. (Thank you for the recommendation!) Would you let this winner run? Or would you be inclined to trim? If trim, what one or two US equities would you purchase (any sector) with the proceeds with a similar risk/growth profile...and why? The following US/international equities are already held: GOOG, NVDA, AMZN, MSFT, V, COST, AXON, ISRG, CLBT, and NBIS. Thank you.

Answer:

In our view, as a company aproaches 10% of a portfolio, the portfolio starts to become a bet on that single name and we would typically prefer to trim the position down. For something with a similar risk profile and growth potential, we might consider NBIS and CLBT, but both are higher risk.

Q: Good morning,

Would you consider switching EQB for TD today, if EQB is already held?

Thanks,

Brad

Q: What do you think of this new etf (HHIS) pros and cons. Looking forward to your thoughts

Q: Just a comment, So now we have preliminary numbers for the quarterly reports, we have quarterly report numbers. What next? I thought we were supposed to be investing for the long term. What happens if a company doesn’t provide preliminary numbers, you may think something might be wrong? Investing is definitely getting complicated thanks for your help, but where does it end. I’m surprised they can even do that.
Sorry for my rant but that caught me by surprise.
Publish only if you want to.

Q: Hello, with the coming of the US tariffs and counter tariffs, which CDN sectors are insulated and which are vulnerable?
What would be you best stock recommendations to invest new money?
Thanks
Carlo

Q: Thoughts on TWLO’s latest earnings?

Q: In your estimation what % of S & P 500 consists of tech?

Q: Is ISRG and ISRG.T the same company? If so, can I expect to benefit from any ISRG gains by buying ISRG.T? Thank you.

Q: It looks like WELL shot higher in the last 5 minutes of trading on volume of over 330K. Any chances that this might have something to do with purchasing ELNA Medical Group which filed for creditor protection last month in Quebec?

As always, appreciate your viewpoint.