Investment Q&A

Q: Hi,

These are some names that I hold that are smaller weights in my portfolio (<2%) and I would like to add to my positions. From comments, I think all of them are solid going forward and some have run hard, such as HPS.A, TVK, CRWD...The thing I've struggled with before is adding to names at the wrong time after they've had a good run and then the market turns and your gains turn into losses. How do you approach these situations and when do you decide to add to a starter position.

Would you be comfortable adding to any of these names at the current prices and can you rank which ones you would add to first?

With the market at record levels, I'm a bit more gun shy of doing so but I think on any market pullback, I would add to any of these names. Would you agree?

I remember a question you answered recently about increasing the avg. cost base vs the % of the position when adding. So for example, I bought HPS.A at $50 and now its $93 for a nice gain, however it's only 1.5% of my portfolio now. So if you are comfortable with a 3% position, do I just add now to get to that 3% even with the run that its had? Or wait for a nice pullback, which of course is impossible to predict. I try not to anchor prices and of course the buyers today are forward looking and expect good things to continue. How do you approach this? Thanks!

Q: What do you think of the waste companies in Canada or US as industrial candidates?

Q: What are your five current favorite stocks for short-term (1 year) gains? They can be either US or Canadian stocks. Thanks,

Q: What is your opinion on the issues at Parkland?

I am grateful for the service you have provided over the years.

Q: I was going to ask if now would be a good time to take a small position in PKI anticipating price appreciation once the Boardroom issues are settled but given PKI is hitting new highs today it seems investors are not worried. Would you consider starting a small position in PKI now?

Thanks for your advice.

Mike

Q: With the launch of bitcoin ETFs what "crystal ball prognostications" can you have for such companies as Galaxy, Riot?

Bail? Hold? Buy?

The last week has given them a proper lathering, and I'm wondering if there is more (pain) to come or if it's a good time to add to the position?

Q: Would XSB be a suitable holding for an 18-month holding period in a RESP?

Q: I know these are from two different sectors but which one of these two do you think offer more value at todays price for the future?

Q: Hi 5i,
Thanks for all your great work!
I know that you like Hammond Power Solutions. Can you please provide some detail as to why you like it?
Thanks,
Murray

Q: My question relates to tax loss selling.
I sold two stocks prior to year end for a capital loss. However, the dividend payout after the sale date were automatically reinvested into the same two stocks. I called the discount broker a couple of days after this and had them sell the shares.
Do the reinvestment shares nullify the ability to claim the tax loss for the 2023 tax year?

Thanks for your assistance in advance.

Q: This is a reply to George's question about how to achieve an effective retirement withdrawal plan for your retirement portfolio. The "secret" is to invest in high quality dividend-paying stocks, resist the temptation to make trades, and aim to retire based on the age-based RRIF minimum withdrawal rates published by the CRA. I have been retired for 13 years and followed this strategy with success. My portfolio income in 2024 will be more than double what it was when I retired in 2010 because the % portfolio growth has outstripped the minimum % withdrawal rates. I always intended to write a book about my retirement planning experience, but never got around to it. Maybe I should reconsider, based on George's experience in finding few "how to" guides out there!

Q: Good afternoon 5i
Taxes. If i buy a US stock with US dollars and sell it several years later. What happens. I know that i have to report the sale in Canadian dollars. But, i imagine that i will have to calculate the exchange rates on those two dates, no? It seems odd, since it was both bought and sold in US dollars.
Thanks

Q: Since I cannot find debt level info in your companies database, I am assuming you are getting this info from your Bloomberg terminal. Correct?

Q: Down again on heavy volume. Do you have the means to see if these are borrowed shares for a short attack.

Thanks Steve

Q: Have you any information on this small company producing DC fast charge stations in the UAE?
Is it a scam?

Q: Hi. I understand recently about the partnership conditions for Canadian investors. Td wants me to get a usTIN number. If I don’t do that what happens? Do I get fined? Is my security confiscated? Do I end up in jail? What happens if I just sell the security now?

Q: Hi Gang
Can you give a list of your top Industrial stocks for 2024

Thanks Mike B

Q: hi 5i
Big drop today in 3M ...would you consider this an opportunity to initiate a small position....I read a recent 5i response about contracting valuations and share ownership driven by attractive dividends...does this hold...how do you view dividend safety. and what entry point would you consider ..
thx
jim

Q: Dear 5i
Which of the above listed stocks would you place in an RRSP and which in a TFSA and in what order of preference ?
Thanks
Bill C

Q: With so many houses and condominims to be built in Canada and US which materials
will have extra demand.(Timber?Steel? xxxxxx?