Investment Q&A

Q: i read every question and answer everyday and 3 of your favorite companies and 3 companies you continually recommend are shopify, knight and kinaxis.i am overweight all 3. and all 3 are in your model portfolios.
we know knight is protected by its huge cash balance and once it is gone the parameters would change hopefully for the better depending how goodman spends it.
you keep making reference to shopify and kinaxis being expensive, earnings for both aug.3 and aug 4. my question is anything that i should be aware of before earnings. dave

Q: Peter; A guest on BNN today recommended Pattern Energy , mentioning it's juicy yield of 6.6%, based on his purchase price of $30.95. So I looked it up but I can't reconcile the dividend ($1.56) and see a yield of 6.6%. The best I can see us about 5%. Am I missing something? Thanks. Rod

Q: Would you buy new flyer at these prices or wait for a little more of a pullback?

Q: Please let me know your general theory on the following. Assuming one believes in getting dividend ( predominant ) income, interest income and capital gains what are your thoughts in allotting these between a TFSA, RRSP and regular margin account. Assume that RRSP and TFSA are maxed out contribution wise.

Thanks

Paul

Q: In one of your answers today you said, "In Ontario, if dividends are you ONLY source of income, you can receive about $58,000 completely tax-free if you just have Canadian dividend income." Can you please provide a source that would confirm this? (A link would be appreciated.) I looked at the tables on www.taxtips.ca, and it appears the threshold is $45,282.

Q: Stock down today on press release. I am down 10%, 5% of my portfolio so i am not going to add to this position.
Could you comment on the news and would you continue holding it?

Q: There is very high volume with Polaris today and the price dropping
Is there any news ?

Q: I inherited some of this stock and was wondering what potential it might have? Is it a reasonable long or medium term investment or is it just questionable?

Q: Hello Peter,
Yesterday the markets were cautious, today they seem exuberant. The stocks that I want your opinion on, have snapped back from the Friday of the referendum and near their high. Trading is thin that adds to the volatility too.
My portfolio adjustments involve exiting a position in IGM and buying KXS, SH NFI and PKI. Would you buy now or is there a probability of a better opportunity when the market adjusts to the snapback? Is there any of the ones mentioned above where you would be cautious of initiating a new position at today’s prices? And if now is as good a time as any which ones would you start with and which would you wait for a better entry point? I have not been very convincing to myself about replacing IGM with PKI and trusting your professional expertise. Could you tell me why PKI is better? As always, appreciate your viewpoint.
Regards.

Q: Good morning...just making some adjustment on portfolio...Chartwell and Sienna make up 9% of portfolio with gains, HLF at loss 3.5 %...I would like to sell HLF, reduce Chart or Sienna to 5%...which one would you sell? Then proceeds to from HLF and Seniors to either SIA or PBH... portfolio approx 20 stocks and includes many of your recommended names..

Thanks
Thanks

Q: My take on the TSX Venture market is that the index has been pretty much straight up year to date. Would you agree? Any thoughts on why? Can you recommend the best ETF to follow the Venture index?

Q: Can you please comment on the latest news release, impact - good or bad, and how the companies debt is handled with FX implications after Brexit?

Thanks in advance!

Q: Hi 5i,
Can you recommend one or two good broad market, low cost etfs? They will be held long term in a tfsa. I'm not really planning on holding individual stocks at all. I will be maxing out my tfsa and buying into the etf 2-3 times per year. I'm looking for good long term growth, and maybe some dividend. Any dividends will also be reinvested. Can 1-2 etfs cover all markets well enough or should a variety of etfs be held in the account?

Thanks!

Q: I have been holding for 3 years Direxion Gold Miner BullX3 (nugt-n) (long before I discovered 5i Research) hoping for a recovery in the price of gold. It is about 10% of my portfolio and I am 60% in the red. To balance things off, I bought Direxion Gold Miner Bear3 (dust-n) earlier this year and it amounts to 7% of my portfolio; I am now 70% in the red with it. On top of that, about 18% of my porfolio is in mining stocks I bought some 5 years ago and held while waiting for a recovery in gold prices: they are Argonaut Gold (ar-t)(60% off)Vista Gold (vgz-t)(46% off), both in my registered portfolio, and Alamos Gold (agi-t)(18% off), Endeavour Mining (edv-t)(30% off) and Silver Standard Ress. (sso-t)(30%off) in my non-registered portfolio. I don't need to create capital losses as I have a lot already.

I realize I have been foolish and that I am in a very bad fix. Is there any way out without loosing my shirt ? I am 76 years old. I am in line for a badly needed portfolio review with your team, but in the meantime, what do you think I could or should do ?
Your well informed views will be greatly appreciated.

Q: Please opine on quarterly release

Q: What are your thoughts about the developments at LTS. What would 3000 be worth after all is said and done. H.

Q: Transcontinental recently completed its third acquisition in the packaging area - would you be able to give me a sense of how much of the company this division now accounts for?
The company has been able to fund these acquisitions out of FCF ie no debt: the stock is cheap and provides a 4% dividend.
How would you evaluate the company's prospects for transformation from a declining legacy printing business into this new area.
Thank-you

Q: Hi Peter and Team!! My investment adviser is really enthusiastic about Canadian Equity Notes. She has a Bank note based on the TSX 60 that pays 4.5% . It has a 45% downside and is callable as soon as the market is up 10%. ( same type of investment as CBL9436.) I am a little leery and have a few questions. 1) Are these good investments. 2) what are the potential risks 3) because these sound too good to be true, how do the banks make their money? What's the catch. She claims that these are as good as fixed income with minimal risk and got a little upset when I seemed not to be so keen on them. Thanks for your insight, Cheers, Tamara
P

Q: I am retired, have a 50/50 asset mix, moderate risk tolerance, and hold GWO (along with financials TD and BNS) in a diversified portfolio. If interest rates stay low (or go lower) for say the next 5 or 10 years, this could reduce insurers' income, push them to consider riskier investments, and raise their actuarial liabilities. Interest rates have been declining for years, so insurers have faced this reality for years already, but I'm wondering at what point the low interest environment really hurts their bottom line and financial strength. What am I missing in this assessment? Should I sell GWO? Thank you for your advice. Ted

Q: Hope this falls within the scope of your Q & A:

Retired couple, defined pension plan providing coverage for living expenses. Also good real estate assets, including rental property.

Looking for additional income to "indulge" .... possibly even buy that little sports car that I wish I had bought 40 years ago :) ...

Have $500K in RIF. Own most of all your portfolios and a number of other stocks.
Objective to re-structure my portfolio so that it reflects: 50% Income, 30% Balanced and 20% Growth.
I would appreciate your top suggestions from each of your portfolios to achieve this target. The intention is to then review and edit our overall portfolios based on this input.

Thanks so much for your help.