Investment Q&A

Q: Is the drop on these two companies over done???
What is your assessment for the future?

Q: Aside from cash and gold, what do you recommend as defence while the current imbroglio plays out? I am not looking for inverse ETFs or anything like that, just the sort of thing that does a bit better in a potentially tumultuous environment but that can also be a longer term hold. Defensive yes, but no defence sector please. I am looking for individual stocks or general sectoral recommendations. Thank-you.

Q: For an income porfolio (like 5iR's), I am thinking of buying CAR.Un and IIP.un for a long-term hold/investment. I know 5iR held CAR,un and am familiar with the differences between these two RIETs (thanks to the question/answers by 5iR). I would like to buy both as a combo. My question is what weighting would you give to a combination of these two?.....Like 4 or 5%?........And what would be the split be? ....like 50%-50% ?.....Thanks.....Tom

Q: Good day team, with LNR testing 52 week lows, is it time to start a position or is more downside likely. I know MG is the better of the two but for value picking I'm thinking LNR

Q: I have cash in the US side of my TD RRSP.I would like to convert it to Can$,staying in my RRSP,so that I can buy some oil stocks that don’t trade in the US.
As recommended in Norbert’s gambit,should I buy and then sell ”DLR.u/DLR”to accomplish this?

Q: Hello 5i, I own LEAF, and in the near future it is converting to ACB, .. would you suggest here to BUY, SALE, or HOLD ?, also I do not understand why ACB wants to give me some Australis stocks for free, what is the catch?
Thank you!

Q: Your thoughts about ET after earnings release and is the dividend safe here?
Would you buy it now?
Tell us some about their metrics here.
Also any thoughts about prospects in the future...is this a company that is looking at the future with potential.
I keep hearing that it might be taken over,so which company could be a good candidate to take them out?

Q: Hi, I am a dividend growth investor and looking to build a stream om passive income through dividends. I am 40 and have a long horizon (20+ yrs) so I'm not so worried about current income as I am about future dividend income and total return. I invest a part of my income every month. My current portfolio consists of mainly large cap dividend growth stocks in diversified industries in Canada, US and Europe. Mastercard and Visa look like great companies to me, high ROIC, high growth on all fronts, favorable developments that will benefit their business etc. They would also complement my portfolio well as I have no holdings from that industry yet. The only thing I am concerned about is their high valuations at this point.
So my question is, is this a good time to add MA (and perhaps V) to my portfolio? Or is it wise to wait for a pull back? Do you have a price point for entry? Your advice is appreciated.

Q: In my research of BDX the forward PE ratio is 19.7 or 6% higher than its 5yr avg, but when I look at the PEG it is 1.4 or 23% lower than its 5yr average. What measure is more appropriate to gauge its relative valuation?
Secondly, how much weight do you put into the ROE when looking at a company, the ROE for BDX is only 0.3%, is this alone a reason to stay away from this company?
What grade would you give this company?

Thanks

Q: I’m trying to reduce the number of stocks I hold and am wondering which you would prefer in health care for growth - COV or BEAT?

Q: I’ve held CGNX for a year and have watched it go to $72 and now down to $44.

Is it worth continuing to hold for growth in a balanced portfolio?

Q: Can I please get your comments on Atlas Engineered Products Ltd (AEP).

Thanks

Q: tell scott he absolutely has to file u.s. tax returns and this will go back at least 8 years now, so 8 years of tax returns.
and my wife was a u.s. citizen , but she renounced her u.s. citizenship 3 years ago, it costs about 2500. but it it worth it.we are never moving there she is a cdn citizen and the expenses for tax returns and fbars were onerous.
tell scott the u.s. government will come after him guaranteed. dave

Q: ETF MERs and recommendations

I am in the process of educating myself through your insights and advice along with other research. My wife and I have used a TD adviser for the past few years and our returns have been reasonable. However, I am digging in the weeds and find virtually all our funds have MERs of 1.8% to 2.28%. Our adviser has balanced our investments to our comfort level of risk. I think we can do better with your advice on replacement ETFs.
The funds involved are: CIF843 2.01%mer, FID1222 2.23%, FID2312.28%, MFC291 1.89%, TDB171 1.79%, TDB2940 2.06%, TDB331 2.06%, and TDB619 2.26%. These funds combined gives an overall 60/40 equity/fixed income which is what we are comfortable with; breakdown is 40% fixed income, 15% Cdn equity, 25% U.S equity, 15% intl equity, 5% other (whatever other is).
Are there a funds or a single fund that you could suggest to help us consolidate these into something where the MER will be considerably less?
I do subscribe to the ETF site but see this site as the go to for my questions.

Thanks for your informative site and previous and future advice.
Best regards,
John

Q: Is Kirkland Lake Gold a good buy right now despite gold prices bearish for five of the past six sessions?

Q: I'll add to Scott's replies about whether a dual U.S. / Canadian system has to file with the IRS even though he has never lived or worked in the U.S. My understanding is, yes, he has to file taxes and fbars. I'm a dual citizen who files in both countries. There is a guy in Toronto who is a lawyer and accountant in the both the U.S. and Canada. (It's like he has four careers!) He's very helpful and provided good service to me. I won't give his full name. His first name is Mark and if you google "u.s. canadian attorneys toronto" it should come up near the top.

Q: I do not see any significant insider buying for this company. What is the latest insider report? looking at the chart..Is this making a turn for the better?
Thanks for the great advice as always.

Q: Netflix is way down today, as are Spotify and Google. On trade war fears? Does this make any sense to you? These companies have nothing to do with trade. Shouldn't people be buying them on trade war fears?

Q: Dear 5I Team
Kwh.un was recommended as a Top Pick on BNN Market Call
sometime ago. But the price has kept falling. Currently it is trading in the $7.20/share range giving over 11.60% dividend.
I own some at $8.30 and would like to buy more at $7.20.
KWH.un is ranked at 8 (Top Quartile) by Thompson (seen under Reports on WebBroker)
I would like to get your opinion.
Thanks
Eric

Q: Dear 5i
For two seniors retiring soon with an anticipated retirement income of $75-$80k , what would be the ideal sources/ types of income coming from her RRSP , his RRSP and her spousal RRSP ?
1- 100% from capital gains and or return on capital or
2-100% from dividend income or
3-Somewhere in between ,
with the view of minimizing tax consequences.
Obviously there will to some interest income which I'm aware is least desireable .
I`m figuring that the end result for sources of income is reflective of the balance of fixed income vs equity in the portfolio ie risk profile each person or couple is willing to accept or live with . In essence i think i`ve answered my own question but would welcome your input anyways .
Also any income or capital gains achieved from a TFSA would be the most favourable due to no tax consequences correct ?
Thanks once again .
Bill C.