Investment Q&A

Q: I own full positions (5%) in GOOG and AMZN.
Would you sell either or both to buy SHOP?
I'm not a huge fan of partial positions but would consider turning two into three if you recommended.
If the answer is both, what would the other full position be?
Thanks for the great service, Just gave a gift membership for Christmas.

Q: I would like to invest some funds in a TFSA account for a long term hold. I am considering QQQ or QQC.F. Which ETF do you recommend and why? Thank you very much. Best wishes for the Holiday Season and safe 2021.

Q: hi 5i, great job this year
love to read all Q&A
on MDNA, there seem to be momentum and volume last few days on no news
look like a high risk biotech
can you provide some insight?
happy holidays

Q: I am still very curious about QBTC.U and how exactly they invest capital. I haven’t been able to find out much about it. Is BITCOIN the only asset the fund has? Do they trade bitcoin to gain value or is the value directly tied to the price of bitcoin? If they are holding bitcoin as a static asset, why would the value of the fund drop when they issue new shares if that new capital goes directly into additional bitcoin coins?

Q: I have a question about Temas.

Q: I have held Visa since low $30 USD and I am interested selling a portion and buying NVEI. Your comments appreciated.
Also, Merry Christmas and as always thanks for your advice!

Q: The TSX total return is now positive for the year. I would like to better understand whether the market breadth for the index is quite narrow, and whether the TSX returns are based on exceptional performance for a few stocks only, such as Shopify.

Are you aware of any site which provides details about how each stock has contributed to the overall return of indexes, such as the TSX? I would like to understand how many (and which) stocks are up, and how many are down, over the last year.

Many thanks for your assistance. Best wishes to you and to your team for a very Happy Holidays and a prosperous New Year!

Q: Hi there,
Hi there,
I am in the process of exploring the cloud computing sector to build a position with new money starting in the new year in my tfsa.
I don't mind risk at all, but am interested in growth longer term. Appreciate your thoughts on the outlook of the sector as a whole over the next 3 to 5 years.
Thanks so much for again contributing to my stock literacy over the past year and best of the season to all of you. Stay safe!

Q: Hi Peter

I understand that portfolio choices are personal. For an income investor, what would you recommend as a relatively safe percentage of covered call ETFs to hold? I currently have 20% in diversified covered call ETFs. Is it too much?

Thanks

Q: You put forward these two stocks as good growth options but I note the reco was when these stocks were 25/50% lower price than current. Is XBC still a buy at $8+ and LSPD at $87+ given the run up over 2020?

Q: The price has recently come down to about $24.50 US ? Reason for this? Has your outlook changed and is it currently a buy, hold or sell for you? If you suggest a buy, would now be good or would you wait for a better price?
Thank you

Q: Peter and His Wonder Team
Koss has a float of 7 million shares. Today it has spiked 115% and is approaching volume of 15 million shares. Obviously something of great importance has happened. What do you think? Thanks for clarifying this for me because I see nothing on the wire!

Q: CRM has been trending lower. Is this a buy at this level or does it have more short term downside? Looking to buy for a 1-2 year trade.

Q: A comment. The problem with dividends in a taxable account is that, depending on your other retirement income, the grossed up amount added to your taxable income can cause you to lose your oas. Maybe not an issue if your income is that high but still, something to think about. My rif has a lot of dividend stocks and enough growth stocks that I can make my annual rif payment in cash, generated by dividends, and a transfer in kind of growth securities with no dividend. I also deferred my oas to 70. Also, I believe capital losses are applied to net income so do not help reduce your income for oas eligibility.

Q: Think you missed this dividend increase:
LANGLEY, BC, Nov. 9, 2020

TRADING SYMBOL: Toronto Stock Exchange - HDI

Achieves record profit and profit per share of $10.5 million and $0.49 respectively

Increases Quarterly Dividend by 17.6% to $0.10 per Share

LANGLEY, BC , Nov. 9, 2020 /CNW/ - Hardwoods Distribution Inc. ("HDI" or the "Company") (TSX: HDI)

Q: WHEN DO THEY EXPECT TO BE PROFITABLE

Q: Purchased Denison Mines about 10 years ago @ $3.62 and have been hopefully awaiting the return of uranium prices since. The stock price was up about 12% today to $.91 after being into the low teens earlier this year.
Would you take the money and invest in something with more potential or
continue to wait for further positive moves in uranium?
My financial consultant suggested the purchase of BMO Auto-Callable
Notes for my RIFF and after a brief review I ok'd the purchase. Subsequently I read an article totally against such an investment. Definitely to late to cancel without substantial costs. However, what are your thoughts on this particular type of investment ( possibly your answer would be of interest to my fellow subscribers)! I should add that I am in my early 80's and have requested minimum risk investment for my riff.

Q: Hello 5i. I noticed that GUD is in your balanced portfolio. The share price hasn't seen any upside in the last 4-5 years. What is so attractive about this company and what reasons would you give to invest in it now?

Q: Both these are connected to Marathon Oil. Mplx pays about 12% dividends while Mplxp pays none.
Could you explain what these companies do?
Happy New Year.
Steve

Q: No rush to answer. Retired, dividend-income investor. I am a position "light" in the Communications sector. I already have a full position in BCE....looking to add one of Telus, Shaw, Cogeco, Rogers or another name you might suggest.

When I look at the various metrics (P/E, P/BV, P/CF, P/S, ROE) I filtered out Telus, leaving SJR and CCA and RCI. Reading past questions, some quite dated, I am wondering if time has changed your opinions on these three.

Shaw has a nice (5.4%) but slow-growing dividend. ROE 10%. It's chart looks good from a value point of view, but is it a value trap? Very poor momentum.

Cogeco has a lower (2.6%) but faster growing dividend. ROE 16%. It's chart shows better momentum. I also wonder whether a new takeover offer might be in the future?

Rogers is just ok across the board.

I'm leaning towards Cogeco, but wanted your advice first. What odds would you place on a take-over happening? Please rank all three in order of your preference to buy.

Thanks...Steve

Rogers