Investment Q&A

Q: I bought several inter-listed Canadian companies in the USD side of a tax-deferred account (RSP). I am thinking of selling some of these holdings and buy them back in a taxable account in order to have the benefit of the dividend tax credit. Is the dividend tax credit worth doing this? If yes, after selling on the US$ side of the RSP account , would you buy the same securities on the US$ side of the taxable account, or do you prefer to buy them back on the C$ side of the account?

Please excuse my smuggling in a question asking for your opinion on what the two currencies are likely to do in the next year or so.

Q: 1. With reference to the likelihood of interest rate increase (and increase in inflation rates) over the next 3 years, are these factors such that they are more likely than not to depress the value of CSU.db?
2. Do you rate these debentures reasonably safe given general business conditions faced by CSU in the next 3 years? I do not know what sources are reliable to check ANY issuer’s credit worthiness.
3. If you had a largish amount ( 8% of a portfolio that has no other fixed income) would you trim the holding? If yes, what would be your suggestions to buy in lieu of CSU.db? I am hard-pressed to find other securities that would be equivalent in the current TINA world.

Q: Two questions:
1) I don't have much understanding of how royalties companies in general, and OR specifically, earn their revenue. Can you provide a simple explanation please.
2) Is OR a reasonable (diversified?) choice for the only gold (or "metals") exposure in a Cdn dividend-focused portfolio? I'm reluctant to buy a mining company directly. Is there an alternative ETF with equivalent distributions?
Thank you.

Q: I have CQQQ in a tax-deferred account. Given uncertainties over China-US relations (and concerns about China’s aggressive stand on Hong Kong and her claims over Taiwan) would you buy any China ETF?
If yes , would you buy KWEB or simply add to an existing holding in CQQQ ? Or would you be fine buying both?

Q: Apologies for the dumb question, but the craziness over these short squeezes has introduced me to new ideas I don't fully understand.
1. I didn't realize I could instruct my broker not to permit my shares to be borrowed by short-sellers. But how can I lend out a share to a short-seller if I'm holding the stock the entire time? I don't plan to sell my 100 shares of LSPD anytime soon, so how can I lend it to a short-seller?
2. Can't all shareholders instruct their brokers not to permit borrowing of their shares? If so, would'nt that restrict the ability of short-sellers to short a stock? It seems like reducing the ability of short-sellers to short a stock I own would be good for the stock price.

Thanks
Michael

Q: HI GUYS I WOULD LIKE TO ADD SOME TFII FOR A 2 YEAR HOLD CURRENTLY HAVE NO TRANSPORTATION IF I COULD HAVE YOUR OPINION AS TO WHETHER ITS TOO PRICEY OR HAS SOME UPSIDE LEFT THANKS AS ALWAYS

Q: I know you often suggest not jumping into IPOs right away, but do you think it will be a good idea to buy the new Telus International (TIXT) once it starts trading or would you wait for it to settle as well?

Thanks.

Q: How would you characterize/rank TXN in the semi space? Is it diversified in its product offerings versus others and would you recommend it as an all-around buy or are there others you would prefer that may be more focused or in other markets? Thanks

Q: Hello,

I am looking for suggestions on REITs with focus on South East Asia. Any recommendations would be greatly appreciated.

Q: This question is on IShares North American Tech-Multimedia Networking ETF which trades on the nasdaq. (your system won't bring it up for me). It's impossible not to notice it rising nicely today (and this week) while everything else is falling. It doesn't appear to be highly liquid and so I hesitate to increase my holdings. But I'd like your opinion of the ETF.

Q: Just wanted your thoughts on why it's drifting lower and lower. Does 5i still consider it a growth story? Been very happy with my porfolio these days, but feel sorry a bit for the small portion I attributed to GUD. Thanks!

Q: Hi Peter, Ryan and team,

When Topicus starts trading next week, and with an eye toward a long term hold within a TFSA, how would you rank Topicus when compared to TRI, WSP and WELL?

Thanks.

Q: Could you please recommend a couple of replacement(s) for Great Cdn Gaming? It can be US or CDN and I'd like the replacement companies to have great management teams and be in the same sector. Companies in the leisure and entertainment space you think will come out of this crisis bigger and better. It doesn't necessarily have to be a casino company. Thanks a lot.

Q: I want to build an American ETF portfolio of 5-6 ETFs that pay a decent (4%-5%) yield. I have historically bought Canadian hedged ETFs for that purpose however I think there is a possible currency advantage to be had. I have looked at many many ETF questions in the 5i ETF folder and they seem to be very Canadian based. Would you be able to suggest 5-6 US based ETFs or more if you want to add a few more.
Thanks
Norm

Q: Hi, If you were to rate QST today would you give it a C rating or you think it is better company now than when coverage was discontinued..I have a small position on this as part of a small cap pool with higher risk but good potential. Thanks. Shyam

Q: From a value/ risk perspective what are your thoughts on the following rebalancing.
Move GSY from 4.65% of the total equity to 3%.
Then move ECN from 1% to 2.7%.
ECN is a recently initiated position.
Basically a partial switch.
Roy

Q: Hi 5i,

First of all, thanks for your advise to help me understand more for the US & Canadian stock markets. I have a feeling that the US market will end the over 10 years bull market soon and bear market will come in. Due to the issue of GME, BB, NOK, and AMC showing many "NEW" investors involve the US and Canadian market (because of the BB), specially the Reddit social media investor forums is not healthy. I guess the Canadian market may also affected, due to the BB issue. Just in case the bear market will come, what the above stocks need to be sold to play safe. I am thinking to sell KXS, LSPD, and NVEI, those stock prices may not be survival during the big drop in coming. Do you have the same feeling that the bear market will come? Can you please rank the above stocks able to survival during the bear market and please suggest to take off any just in case the worst worst things really happen.

Q: I'm currently holding about 30% of my portfolio in cash. Partly as a hedge and partly as liquidity should there be a market correction upcoming. The rest is invested in blue chip dividend paying stocks and a couple growth stocks.
I understand you don't give personal advice on weighting ands risk level but would you consider this too /very conservative?
I'm looking for suggestions to park the cash to make some sorta of return and can only come up with CMR but yield is so low not even sure if its worth it. Thoughts?

Q: Hello
Today CBC announced that the Governor of Michigan will try to shut down Enbridge's pipeline. If she is successful, what will be the impact on Enbridge's earnings?
Thanks

Q: Does it still make sense to invest in MGK (about 4% of portfolio), given all the talk about tech stocks being in a bubble? Asset allocation not a concern. Thanks, Martin