Investment Q&A

Q: Which of these fixed income holdings is best suited as the 25% fixed income in a retirement portfolio? Alternatively, is a 30/30/40 mix (for a portfolio total of 25%) better? Thanks!

Q: What is the reason for the big drop today?

Q: Hi,
I am looking for your opinion on this stock and ETF. The stock is listed as the 11th holding in the ETF for regional banks, KRE. It caught my attention as it seems to be breaking out of a long term base. Also is JNK a good ETF, and if not what alternatives would you suggest that pay a decent dividend. Would I be right is thinking JNK will be negatively affected if interest rates begin to drop? Deduct credits as you feel appropriate. Thanks - your advice and insight is always appreciated!
Dawn

Q: AC,BTE,BCE,BIR,CJ,CP,CVE,CPG,EIF,FRU,GEI,NVEI,OLA,PD,
US STOCKS DIS,FOXF,INMD,ICLN,OPRA,PDF.
Please also advise if any of these don't need to sell.(TAX REASON)
Highly appreciate your opinion.

Q: So a lot of people think that interest rates have peaked and are set to go down, thus the market reacts positively. I believe that interest rates have peaked BUT will remain higher for longer. I anticipate that the market will initially react negatively to this but eventually will settle down to the new reality and continue to react to such metrics as earnings growth etc..
Recognizing that no one really knows the future, what would be the likely scenario ( short and long term ) for each of the sector ETF’s I am invested in : Canadian banks , American tech, American healthcare, Canadian large cap industrials/ utilities. Thanks. Derek.

Q: Can I have your views on the latest quarter. The market seems to like the results. Tnx

Q: I have held J for some time and am up some 36% in a registered account. I note its price has started to slip compared to other industrials I hold (WSP and TFII). In your view, is this temporary? Or should I consider replacing it with another US industrial with faster growth? If the latter, what would you suggest as replacements and why? Thank you.

Q: Hi,

Here are my current sector allocations with target sector allocation in brackets and holdings. For a growth focused long term investor, does this make sense to you? We have around 45 holdings with a few ETF's (VEE, XEF) for international exposure and 100% equities.

I've noticed in your growth portfolio, your main sectors are financials, industrials, tech and cons. disc, with the other sectors at relatively low weights and I've tried to match our allocation with that. For an individual DIY investor, how often should one be looking at their sector allocation and rotating sectors? For example, looking at economic contraction and expansion cycles, are there certain times when we should be over or underweight sectors?

Currently, what part of the cycle are we in and with the FED indicating rate cutes in 2024, should I be trimming and adding in certain sectors? I find it too hard to perfectly time sector outperformance so ideally I just want to buy great businesses that will perform well throughout any cycle and I feel that the companies that I own will do very well over time. Do you agree? I'm not looking to make dramatic shifts in sector allocation, but maybe some small adjustments. For example, trim some tech and add to materials/energy. However, when I think about trimming quality companies like CSU/LMN/SHOP, etc.. and adding to more energy/materials, sectors that are highly cyclical and not in control of their own destiny (dependent on commodity prices), I get hesitant. Can I get your general thoughts on sector allocation and sector rebalancing. Thank you!


Technology 24.47% (22) SHOP, KXS, CSU, NVEI, CRWD, TOI, NVDA, LMN, INTU
Financials 22.61% (18) SLF, V, MA, JPM, GSY, TD, TSU, BN
Consumer cyclical 16.02% (18) ATZ, MGA, BYD, SBUX, BKNG, CROX, DOO
Industrials 14.13% (20) WSP, ATS, TFII, GDI, HPS.A, HEI, CPRT, AXON, TVK
Consumer staples 6.34% (5) PBH, COST, DOL, ATD
Energy 4.90% (5) TOU, WCP, TVE, ENB
Communications 4.16% (5) GOOGL
Cash 2.10% (2)
Health care 1.91% (5) WELL
Materials 0.71% (5) LUN
Utilities 0.37% (0) BEP

Q: Good morning, Over a one year short period of time, which of these two companies do you think has more potential, Docebo or Shopify, thanks? Disregarding the risk level.

Q: Small caps have lagged the market. What are your top 5 Small Cap Canadian Names and top 5 US Small Cap names? Could you also indicate good entry points. Please deduct appropriate credits.

Thanks
Tim

Q: Do you have an update on your opinion of this company since the last answer I can find from last April? Thanks.

Q: In a recent question, you were asked whether you would swap QIPT for WELL. You laid out all the reasons why you much prefer WELL over QIPT but then concluded by stating that you would NOT swap. I think what you meant to say was that you would swap.

Q: BCE is approaching its low price point over many years. Is BCE undervalued, or in trouble?

Q: Hi,

I want to add to BN and BAM. Would you be comfortable buying up to a full position right now, or would you do it incrementally. I am worried that If I wait, the price will just go up as interest may start to come down.

Q: This is in regard to Patricia's Q of Dec. 14, about selling a stock with a capital gain and buying it back the same day. I'd like to relate my recent experience.

I owned 1000 shares of BTE (ACB $2.26) and a week ago I sold them all (for $4.57) to crystalize the capital gain. Later that same day I bought back 1000 BTE at $4.45.

On Friday I noticed, in "My Holdings Details", that the ACB for my new shares was listed as $3.36! As it happened, the ACB of the sold shares had been averaged with the cost of the new shares, giving me an ACB of $3.36 for 2000 shares.

Effectively, my old shares were sold for a much smaller gain, and the new shares, which should actually have a slight loss right now, show a gain of ~$1000.

So now I'm trying to sort this out with Investorline, and am waiting to hear back.

Next time I will wait a day or two between such transactions, in order to avoid this trouble.

Q: As interest rates potentially get cut at some point in 2024, What sectors do you like heading into 2024/2025 and what sectors do you dislike?

Thanks
Tim

Q: Could I get your opinion on Pine Crest Energy including reserve life ,dividend sustainability, management, the oil price needed to keep in business, and the possibility of a potential takeover. As always ,thanks for your answers.

Q: Hi 5i!

What do you toughts about Herseys at these levels?

I'd like also to have your toughts about Fubo.

Many thanks!

Frank

Q: As the FED has signaled up to 3 rate cuts in 2024 do you recommend having 5% exposure to gold stocks? If so, would companies KGC, GOLD, or OR be ones to add to a portfolio? Thanks!

Q: Hi Group can you give me your thoughts on 2 Financial + 2 healthcare
stocks. The above picks are just shots in the dark are there others you like better or? also short explanation with you suggestions would be helpful