Investment Q&A

Q: I'm concerned with the exuberant rebound in the markets since the sell off in Jan./Feb. despite earnings estimates falling (e.g. S&P earnings estimates falling but S&P rising). Might it be prudent to insure against a sell off with e.g. SH, RWM, and PSQ? I wonder what the "smart" money is doing right now? I appreciate your opinion. Thanks.

Q: If a young person 26 years old wanted to start a DRIP which stock would you recommend for this?

Thanks
Dolores

Q: In 2013-2014 you could feel the animal spirits. Many stocks where hitting new highs and smallcaps were going up. Then we got the oil crash and the party was over. But then, it got nasty: the short attacks. Some were based on little facts, but many gave us reason to second guess putting more than two paychecks on companies like AYA, AVO, WIN, PHM, VRX, IT, CRX, etc. For example, a post about Intertain and its CEO stepping down: http://calvinayre.com/2016/02/22/business/intertain-ceo-quitting-following-committee-report/. In 2014, reading your answers, I was under the impression that Intertain was a simple business, cheap and safe other than its debt. However, now I see a company that was milking shareholders with its compensation plan. Suddenly, I see a reason for the cheap valuation of this previously big performer: the management is questionable. Question 1: Are you surprised by the number of companies with 'question marks' and those where the management negatively surprised us, relative to previous years in your career? Is the lack of growth tempting management teams to do illegal/riskier/unfriendly moves? Question 2: Are you surprised by how much stocks pullback these days, such as the 40% pullback of IT and ESL?

Q: I see oil slipping some what in value. I personal don't see anything that is going to push the price up. ($35.00 - $45.00). So I don't understand the bullish effect on the Canadian Dollar. I would appreciate your option & what the general consensus is. The reason I am asking this is I have U.S. dollars that I was thinking of transferring into cnd. dollars. So my next question is, Do you think the Ontario & Federal budget will send the dollar down in value. Do you know when their
budgets are due.

Q: Your opinion on the above please (CYB, ELD, MSL)

Q: The company's shares have risen considerably over the last several months, is there any reason for this.

Thank you, Brian

Q: Hi, what would your top four or five choices for the best free cas flow, thanks?

Q: I would like to add a REIT to my portfolio and of the 3 that I have considered: MST.UN, MRG.UN and IIP.UN I am leaning towards MST.UN based on growths in dividend yield and share price. Do you support my pick? Or you have reasons to believe that one of the other two are in fact better choices.

Your help is much appreciated.

Q: I am relatively new at handling my own portfolio and am cautious by nature.
My Peller shares are up 60% since I bought them and I have seen no media coverage
which would explain this. Would you think this might be a good time to take my profit, or are you aware of any reason I might want to hang on?

Q: Re; my question what is the stock market : As I lay awake in the wee small hours, it came to me that the stock market is a record of sales of stocks listed by and sold through that market, a tally, so to speak, and weight in the market means what percentage of the stocks in that list we collectively hold of any particular stock or class of stocks. Hoping this is less clueless than my question! ( Chose whether or not you think there's any point in publishing)

Prior question.: I was made rudely aware that I don't know something I assume everyone else does. What exactly does market weight mean? Who "holds" the stock market holdings and where and how are they held? I guess the question is what, exactly IS the market? Sorry for what is probably a lame question.

Q: I bought about a 2% position a month ago at around $24, intending to buy more but never did, as it kept climbing (not a bad thing, of course). What is your opinion of their announcement a couple days ago, and if there should be any effect on the stock price? How sustainable is the dividend? My original plan was to have about a 3-3.5% position; would you suggest increasing to this level at current prices (this stock is held mainly for income)?

Q: I am 66 and only have blue chip Canadian dividend stocks for my self created pension [non-sheltered]. What do you think about getting into annuities [ out of stocks, gradually ] every 5 years? Annuities have a most high ROC this year. I understand the ROC rules change next year. I have no fixed income investments at all. Thanks.

Paul

Q: Can I have your opinion on DR? The basics seem reasonable but it is a very small company, so I'm thinking of a half position just to get a toe in.

Q: Good Day

Lots of news on NWH.UN-T:
There is a bought deal of 7mln shares at $9.20. The deal closes April 20,16;
The CEO has added $4.2mln lately to his position including another 23,000 units @$9.64 per unit.

Are the units a buy at $9.20 or should I wait until after April 20?

Thanks

Q: Am I correct in understanding that the dividend is paid in US$, even if the shares were purchased and are held in my account in Canadian $

Q: Hi Guys,

Would you purchase Winpak at todays price of $49.46? It is trading with a PE above 24.

I know it is a good company, but is now the time to buy or should I wait for a POSSIBLE reduction in price.

Thanks
John

Q: Hello. Can you please share your top 2 picks in the Utilities (electric) and Forest and Wood sectors for 3-5 year holds? Thanks!

Q: Pls advise me as to sell or keep for future growth. The stock is languishing and I have a decent profit. Thank you Phyl

Q: May I have your assessment of ITG? Have you used their services?Do you see this stock as a buy?
Thanks, Tim.

Q: A hold a small position in CBO. Last week in the Globe John Heinzl discussed CBO's return of capital as part of its distribution or yield. He stated that an investor holding CBO gets a fatter distribution now that will be partially offset by a capital loss such that the investor's net return will be approximately the yield-to-maturity of the bonds less the fund's expenses. I didn't realize that CBO returned capital and now I am wondering whether I should be holding this ETF or not. I hold little fixed income in my portfolio currently but receive a defined benefit pension. Would you care to comment on CBO? Is there another CDN bond ETF that you would recommend instead? Thanks for all you do!!