Investment Q&A

Q: My wife and I are retirees and like many of us had most of our RRSP/RRIF in mutual funds. In the past year have moved more into the market and particularly since joining 5i have most of of the stocks in your model portfolio. I believe we should better balance our portfolio by reducing holdings in these funds as combined they total about 30% of it.
Funds are 30k each in C.I.Harbour, PHN Div. fund, 20K in Scotia BNS 313. We do now hold a position in ETF's: XIU, XRE,CDZ, and for U.S. VFV. Am thinking of trading some of the funds to items we are missing in the model such as STN, MG, KBL, We also have Rogers, and TD so have not replaced with BNS or Telus as yet.
Looking obviously for security with some growth and feel more U.S. items should be included but would prefer to buy on TSX rather than U.S. exchanges. Any suggestions?
Many thanks in advance and if there is some sort of award available for honest, impartial, financial advice, 5i should win it hands down. If so where do we all vote???
I expect this to be my only question for the year and will not tie you up with frequent ones.

Hal

Q: Nobody seems to know about SQI Diagnostics. (SQD on Vancouver exchange).
Is there any hope for this company?

Q: Re: BPO
I have about 600 shares of BPO and the current price is just below $ 21; I would have made a 20% profit which is great
There is now a tender for the BPO to be converted to another BAM unit, (could be the BPY)
The offer expires on March 19
I wonder if the book value of BPO is higher than the $ 21
and I could hang on for a few more weeks to see?
your advice would be greatly appreciated as I have a hard time to understand the full value of BPO ? or the conversion to another Brookfield units could trigger tax consequences and would it be a decent investment ? (looking for some income which BPO pays and also abit of capital gain: not too risky);
thanks!

Q: Hello. I have had Sherritt shares for sometime now and wonder if I should hang on for awhile longer or sell as I have taken a bit of a loss in it.
Thanks, Fran

Q: Your last comments on BRE.To were about a year in the past. I would like a updated opinion if that would be possible.

Q: I would appreciate your thoughts on ANV and. SII.

Thanks

Ray

Q: I only hold Cdn stocks but wud like 2 take advantage of European recovery. Have MG & ATD.B. Any recommendations, please.
Thanks, B

Q: Hi folks, new member here with a first question !

I am a Quebec resident investing inside a corporation (holdco). I currently have cash to deploy and wondering if i should invest in Horizon "Tax-Optimized" ETF (HXT/HXS).

For the US holding, I already hold VTI but I want to avoid purchasing more USD denominated securities to avoid US estate tax liabilities in the future. So my pick is between VUN and HXS.

For the Canadian holding, I already hold VCE. My pick is between VCN/VCE and HXT.

I understand how Horizon ETF works but i am wondering if they make sense in my particular situation (holdco, quebecers, etc).

Thanks for helping ! :-)

Q: re Petrowest Corp PWSEF... road/pad builder for oil companies... Considered one of the best companies in crushing work in Western Canada it has done well the past 18 months. Announced $26 mill contract in Dec 2014 to expand Hyw 63 Edm - Ft McMurray. Can you comment on what we might expect in the coming year?

Thank You

Thank You

Q: Hi
Do you consider ANV as quite speculative in the gold and silver sector.
If the precious metals stay strong this company seems to have lots of room to increase in price.
I look forward to your opinion.
Have a nice weekend
Hersh

Q: It seems that every time I buy a stock everybody else should short it because it drops 12-18% within the next couple of weeks. Here are 5 that have already had this drop recently: Y, AVO, AD, MMW, HNL. Would be a buyer of any of these? I appreciate this type of service that you supply.

Q: value for TOU... closed at $49.67 on Friday... would you consider this a buy or wait based on financials?

Thank You

Q: Is SAS a buy at the current price?
Thanks again for your advice.

Q: Hi Peter
Re Fsv.
I am looking to replace my DI.UN.... It has done so so this year . It is showing some life . I was thinking about replacing it with FSV...would you consider this a good move? It is in my TFSA .. I would like a more aggressive mover

Candi

Q: I am (still) overweight in financials...BNS 10.3%, TD 13.2%, PWF 2.3% and SWF 3.7%. I sold out our position in BMO and bought G & AEM for a total position of 3% in Precious Metals. I am thinking of selling PWF and adding to either Precious Metals or Energy sector (PEY, SGY & VET) for an 11% weighting. Does this make sense to you? 5i seems to be generally positive on PWF... Canadian Banks seem to be well managed, protected from competition and well capitalized so the question becomes why sell anyways. The PWF is inside the RSP so there is no capital gains tax to pay.
We are near retirement age but our dividend income seems to be exceeding our expenses without considering CPP and my wife's small pension.
Thank you.

Q: Madalena Venture MVN. Has your opinion changed on this stock.

Q: Peter,
I know you have commented on DEE, Delphi Energy in the past. Have you looked at it recently? It seems like it has had a lot of good news lately. I appreciate your opinion.

Q: Hi 5i,

My question is regarding the model portfolio.

I am thinking to follow the model portfolio with about 200k starting next week I plan to substitute TCN for FSV (since I hold that one already) and a ~ 5% allocation in each of the 20 stocks.

What are your thoughts on this approach, would you substitute any others at this time?
Are you expecting a major rebalance of some of the names in a few weeks?
Would you change the allocation to the current allocation of the portfolio or is the 5% target reasonable.

Thanks

Q: Are there any Canadian or U.S. based companies you would recommend in the agricultural industry?

Q: THI - I am down 8%. Is it the time to buy more, hold or sell? Many thanks.