Investment Q&A

Q: I am looking for a sanity check. I am a retired income investor so I like covered calls like BMO's ZW series. However I believe the market is at or near a bottom so owning covered calls ETFs is significantly less appealing than owning the underlying stocks, especially since I can claim some capital losses. So, for example, yesterday I sold ZWB and bought RY. Am I making sense? I do realize I am a bit less diversified and I realize I would need to buy a few companies to replace say ZWC.
Thanks
don

Q: Today, Bill made a comment about Alan Greenspan. As a former US Federal Reserve Chairman, he has admitted that his policy was wrong when he said the banks do not need regulations and then reduced regulations which led to the great financial crisis. I liked your answer to the question.
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Q: I just transferred $54,000 from my tsfa to my personal account. How do I find out how much I can transfer to my tsfa from my cash account thanks

Q: With the estimated take-over price of NEO at 19.34, are there any risks to buying NEO now at 16.49?

Thank you.

Q: I am thinking of rebalancing my portfolio over the holidays which could mean doing some trading between Christmas and New Years. When is the last day to sell to take advantage of tax losses for 2018?

I was also wondering if you have any concerns about trading next week when many are on holidays or working short days? For example, you have suggested before that one should not do any trading until mid-morning. I am a buy and hold investor and not usually too focused on achieving a real specific purchase price.

Thanks and best wishes for a happy holiday and safe, healthy New Year to all at 5i.

Paul F.

Q: Is the news about Buffett a surprise? Does not seem like the share price drop is warranted? Thoughts?

Q: I am pretty sure you have answered this before but I could not find anything with the search option, so here goes.

Brookfield companies have a complex structure and I was wondering in which category exactly their distributions fall with regards to taxation. For example I read that sometimes distributions from shares of BIP held in a TFSA were subject to the 15% witholding tax, while some other times they were not.

Could you please clarify the situation and also state your prefered account in which to hold BEP, BIP and BAM? I have them on my radar, so I want to make sure I maximize returns when the time comes to own them.

Thank you very much as always.

Q: Is there somewhere that investors can look to find up-to-date information on who the largest shareholders in a company are?
e.g. - If I want to know who the largest shareholder of Amazon is as of today (assume it's Jeff Bezos?), Is there somewhere to find that information?

Q: is there a way of finding out who has a large stock portion of a company like enbridge etc. and if yes can you direct me their. Always good to see if you own a stock and it is also liked by some of the big pensions

Q: Which stocks has potential to rebound?.

Q: In this down market,which stocks I should sell to hold some cash.Thank you.

Q: would you buy either of these right now for a long term hold in a registered and diversified portfolio? thanks

Q: Hi 5i, On September 19 a client asked you a question on this stock and its price peaked at $0.45 that day. Here is part of your response "At $220M market cap, each 'future' location is being valued at about $4M, which seems high to us for a small retail outlet."
Stock is now $.05 - market cap 28.55 million. With the managements experience running Solo Liquor stores, does this seem like a good entry point, this would of course be risky and speculative as it is the Cannabis space, negative momentum etc, I am not looking to add a ton of money to this but maybe a 1% position, what are your thoughts on the company now? Recent update states they hope to have 25 stores open by end of 2019 and are focusing growth on Ontario now. Also, with Ontario possibly opening up liquor to private retailers this could be a play on that as well. Thanks for your advice.

Q: I'm looking to diversify a little more into the US and would like a couple of your top pick value stocks in the consumer cyclical as well as consumer staple sectors.
Happy Holidays to all your staff.

Q: What is your evaluation of this company?
Is it more of a growth or income?
What do you think of the management team?

Q: Good morning Peter, Ryan, and team,

A BNN contributor recently said: "Natural gas will become the best performing commodity and this is clearly being seen by the sharp rise the NYMEX natural gas, as low inventories and colder winter weather affect demand."

Do you agree with this assessment, and if so, what stock(s) do you recommend to take advantage of this trend? Our only energy holdings are ENB and PKI.

Thanks as always for your valued advice.

Q: Hi There,

Top 3 US stocks to buy right now irrespective of sector based on balanced growth and income. I have a 10-15 year horizon.

Thanks

Q: Happy Holidays to ALL at 5i,
I currently own FM at a higher cost than today. In a balanced equity portfolio would you own this stock? I don't want to exchange for another base metal holding and it is in a registered account so tax loss selling is not helpful. My question is more about potential. Do you think the weakness is about U.S./ China trade tensions, slowing Chinese economy or something specific with FM?
My preference is to hold on, but if you think this is dead money for years, then I would move on to another sector to prevent "lost opportunity" elsewhere.
Thank you

Q: Can you comment on why Onex has been so terrible in terms of this years performance.....and what you think it's prospects for 2019 are?Also is Vermillion dividend safe in your view?

Q: I have a loss on Power Corporation.
I intend to sell the stock to take the capital loss.
Can you recommend a replacement?
Of course I like dividend and growth! But I could live with a smaller dividend and some growth,
65 an retired.
Thanks!