Investment Q&A

Q: I am reorienting my portfolio to be income focused and prepare for retirement in the next few years. Growth is not important.
I have 23% of my portfolio in covered call ETFs that are well diversified by both geography and by sector.

Can you please comment what’s the ideal percentage of covered call investments in a retiring income focused portfolio?

If growth is not a concern, do you see any risk in increasing the covered call ETFs to, say, 40% of the portfolio?

Q: I like the high dividend paying shares of NYMT. Do you see any reason for a Canadian like me to pass on buying it for my RRSP.
After some research it seems to me that I would not pay tax on the dividend payout received in an RRSP. Can you verify that?
Other well respected dividend paying shares such as Bell (BCE) and Enbridge are Canadian companies so I could hold them in my TFSA without any tax implications. I am also noticing CM (Cibc) for long term RRSP or TFSA hold. BNS.TO, Also Telus KEY.To, Hydro one I won't mention Rogerw because I just don't like the way they do business. VDY.To. ZWP.TO covered call ETF. ZWE.TO is another one.
looking to get creative and make my own portfolio but not to proud to buy an ETF for income. I know you have an income portfolio I appreciate that and will look through it again. Looking for feedback for this strategy. I am a 50 year old Canadian citizen living in Canada looking for long term holdings.
Happy New Year - all the best.

Q: What is your take on BRG's recent announcement. Is this an opportunity?

Q: I've been looking at investing in one of the FAANG's + Microsoft. Some I don't find attractive despite their fairly attractive valuations:

Amazon - poor outlook

Apple - China production

Google -perhaps lower ad revenue near term, and it's such a large part of their business model.

Meta - uncertain future after change in business model.

I guess the above are cheaper for a reason. Would you see reason for optimism on any of the above?

I like MSFT and NVDA but can't get past current valuations. NVDA in particular looks attractive. AI seems to be a major disruptor going forward and it appears to me that NVDA has a moat in some parts of the AI world. Would you feel that it has the most avenues for growth too compared to the others ? How quickly can it grow into its current P/E, P/C and P/B valuations? They seemed so much more reasonable 10 years ago.

Q: The yield on these preferreds is appealing. Can you please highlight all of the risks. Thank you.

Q: the plan of arrangement says you can choose all shares of triple flag subject to proration. i want all shares of triple 5 . what does that mean re the share exchange. i assume i will get all shares but the subject to proration of shares is confusing to me.

Q: MG data on your website:
1. are the numbers shown in $U.S. ?

2. Price to Cash flow seems to be at about 8. However, FREE cash shows as negative Can you explain the difference?

3. Graph seems to show consensus 2023 earnings at $8 / share
Is that in USD? Wouldn’t this mean stock is trading at about 8x 2023 earnings? Seems pretty cheap

Q: Any idea why this stock has had 3 horrible days in a row. I really thought it would be over five by now.

Q: At its current price …..do you consider Apple fundamentally attractive versus its historical trading metrics?

Q: Hello 5i, could you comment on PRN as the stock price is going up quit a bit.

Q: As part of a balanced portfolio, would you recommend an investment (say 5-10%) in a gold ETF such as PHYS. Do you think that now is a reasonable time to purchase gold?

Thank you for your excellent advice.

Q: I assume when you suggest BAM you are referring to BAM and not BN? I think many of us are still getting confused at times.

Q: which company is the safest buy in your opinion TRA OR ENB ?

Q: I have the above stocks in my TFSA and they are all down and smaller positions. I also have GSY, KXS, SHOP, TOI, ECN, SIS, SU, MEG and ENB in this 300K TFSA (thanks to SHOP and 5i). I am wondering about topping up 2-3 of the above down stocks or something new with this year's contribution. My usual approach has just been to top up the losers but this market has me struggling for ideas. Would you add to any of the losers above or do you have 2-3 new suggestions for me. Thanks.

Q: Currently have a small position in QIPT, and considering adding to the position. Have been following the remaining 3 and thinking of adding.
Can you please provide your thoughts and perhaps growth of these companies.
Thanks in advance

Q: which of these stocks has the most growth potential in the coming year. I need to sell one. Thanks

Q: I would appreciate your take on WTE please. It is trading today at $23.02, off a 52 week low of $21.59. Dividend appears solid and diversification of customers/product ongoing. The stock has been downgraded to hold by a number of analysts. While there is a recession sensitivity, the dividend and a "target" valuation of +/- $33 is appealing over a 3-5 year hold time frame. Again, thanks for your work and insights.

Q: I would like to add to my existing positions. Is it too early for KXS and GSY? Is it too late for the TRI (just reached a new high today).
What is your opinion.
Thank you for your help
Regards
Albert

Q: What are your thoughts on ARIS, I'm considering adding to my position in my TFSA. Are there any other better plays to consider other than AEM and BTO?

Also did something happen to their dividend? I don't see that I've received anything since Sept.

Q: Can you comment on the current outlook for these two names?