Investment Q&A

Q: Hi how do you see the outlook for ITR as an investment and associated risks?

Q: With Central Banks buying a lot of gold I am surprised a company like this has declined so much over the past. Is it because of its abandoning of a growth model? Will it take an increased interest in buying / storing by individual investors to elevate the stock price? I am assuming most of their profits are from recurring fees (?)

Finally, in the past I was a customer of GoldMoney Inc. With "mounting concerns" coming from south of the border, I am considering reopening an account with a much larger gold purchase and storage outside our country than before. What is your trust level in this company, and do you have any concerns about doing this with a large planned bullion position?

Q: I have small positions in both TFII and AND (about 2% each) and looking to add to them (long-term positions so not worried about near-term uncertainty, I'm sure they'll both be fine over the long-term).

I'm thinking TFII is the safer bet (cheaper, larger, much longer-term track record) but AND's smaller size and less-levered balance sheet might allow it to make more meaningful acquisitions for higher growth.

What are your thoughts, which would you favour more for a young long-term investor?

Q: Hi, STN or WSP if you had to choose inly one, with possible entry prices and a very short explanation why would be great!!

Q: Are you still long term bullish on either TT or URI? I've been comparing these two companies for an industrial add.

TT is significantly larger, however URI seems to have better historical revenue CAGR, stronger EPS growth, and better margins, with a significantly lower forward earnings multiple and historically significantly more FCF per share.

What's your opinion on URI at these levels? With all the discussion about re-shoring manufacturing and data centre build-outs do you like URI's future prospects?

Or is TT better suited to capitalize on these trends I mentioned above in addition to the increasing need for HVAC in a volatile climate?


Why is the market assigning a significantly higher premium to TT over URI?
Any other industrials I should be considering?

Q: I’m down on the above stocks in my cash account. Total loss is $6000 CAD. I like the names and want to own these long term. Would you sell and wait the 30 days? Buy proxies? Keep and decide when the madness ends? As always. Thanks.

Q: Terra Vest is up over 13% today. Any important news?

Q: Hi - I'm trying to get a sense as to how much these companies have the trade/tariff war issues priced in. I know it's a short term question here, but would you wait to buy these great companies given the economic uncertainty? My sense is purely anecdotal, but my gut tells me that people are pulling back on extra spending....so while COST and WMT benefit from people looking for low prices, they may also avoid the spending on extras. Thoughts? In other words, would you expect negative earnings revisions over next few months on these companies? Even if trade war averted (unlikely), they still may miss this quarter as people are already tightening their belts.

Q: I am looking to add some income etfs that are looking attractive in this downturn to my RRSP. I'm looking for combined growth of 8-10% year over year for 10 years for this segment of my portfolio. Do you see either of the above as attractive in this way, or can you suggest something else? I could go to Cdn, but have most of my cash in USD right now.

Q: Can you suggested cdn$ and us$ ETFs for a pure play on oil? Do not want to own producers. Thank you

Q: Will you please suggest cdn$ and us$ ETFs (with good trading volume) for physical silver? Thank you

Q: I was overthinking diversification all night long and got to wondering about purchasing foreign stocks. There are 4 solid Australian stocks that are their "aristocrats".

It seems strange that US/CDN markets are interchangeable yet I can't find how to even buy something listed on the .ASX ( not so simple for Wealthsimple)

Given diversification is so important, do you purchase foreign stocks directly? How so?

I understand that tax treaties and commissions may make the issue pointless. But money is money. Even if it's EUROS or Aussie dollars. Curious about your experiences.

Thanks for all you do

Q: I sold half my holdings in BDT and ARE in December, in a TFSA, with a nice profit. Both are down quite a lot since then. I was planning to buy back to average down. Or take position in more stable stocks like STN or ATRL. How would you rank these 4 for new purchase? in a registered or regular account? Would any of these be more at risk with US politics ? I already own WSP and NOA. Thanks a lot.

Q: I hold WPM and have always preferred it as a senior precious metals royalty play as I think it has the largest silver exposure and I expect silver to catch up at some point soon. I'm considering now whether I should split my position between WPM and FNV as recent news suggests Panama may start talks to perhaps re-open the Cobre Panama mine and FNV would likely have alot of extra upside in that case over time if it happens. How do the 2 compare valuation wise against each other, what are your thoughts on both.

Q: Would you recommend VE as a way to diversify a mostly Canadian portfolio into Europe? Are there significant differences among Europe large cap ETFs and, if so, what would you recommend as an alternative or complement? Is now a good time to make this move?

Thanks in advance.

Q: I am an 80 year old income investor with some growth. I have $20,000 to employ. The above is a list of my losers out of 50 winners in a portfolio of mostly the Income Portfolio plus 15 yield maximizer ETF's like UMAX. Should I:
1. wait for your monthly advice before acting
2. distribute evenly accross the losers
3. add to the winners
Any other suggestions would be appreciated.
Please take as many credits as needed.
Thank you

Q: Everyone, what financial metric do you wish people knew more about or understood? Clayton

Q: I am a senior in my 80s and have long appreciated the insights and research provided through your publications. They have been invaluable in helping me self-educate and manage my investments over the years.

That said, my portfolio has taken a significant hit over the past 3–4 weeks, largely due to the evolving economic and political environment. The ongoing rhetoric between Canada and the U.S., coupled with major changes in our Canadian leadership, has created uncertainty. Additionally, with a federal election approaching in the coming weeks and the impact of tariffs, the investment landscape remains challenging.

I’ve followed Peter’s advice that “the best action is to do nothing,” which I have largely adhered to. I have already sold most of the lower-hanging fruit and currently hold approximately 40% in a money market fund. The remainder of my portfolio is primarily invested in 5i’s three model portfolios.

Given the current environment, I would appreciate your insights on the following:

Do you foresee further downside in the market?
Would it be prudent to sell some of the winners now, or should we hold steady and consider adding to certain positions?
I value your perspective and would greatly appreciate any guidance you can provide.

Thanks in advance for your time and insights.

Best regards,
Rick Tysick

Q: Hi Folks,
I currently hold HD in my non-registered account. I am thinking of switching to DOL for a little/lot more growth - they seem to be going in opposite direction. May I have your opinion?
Thanks

Q: I am aware that this stock is leveraged against the Amazon Stock on the Nasdaq but what is the exact ratio - is it like 1/20 of an actual Amazon stock?