skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: You have often stated that 20 equity holdings is about perfect and over that there is no real benefit to “over-diversification” and it actually moves a portfolio closer to just replicating an index. I like to follow your BE portfolio, but when you add on my US holdings, ETFs for international diversification, emerging markets, bonds, preferreds etc my portfolio (7 figures) is left with 58 different individual holdings /ETFs. I would like to cut it down a bit. My question is this: Your BE portfolio started with 20 names and has now grown to 25. Are there any plans to reduce the number of holdings back down to 20 in the near future?
Read Answer Asked by Steven on April 21, 2017
Q: I was wondering if you are going to write an article about Real Matters that is going to go public soon? Like the one you wrote for Freshii? An article in G&M today states that selling shareholders must inform by Monday if they intend to sell their shares or not. Do you think AIF will be one of the selling shareholders? Thanks.
Read Answer Asked by Iskandar on April 21, 2017
Q: Hi 5i,
A question related to my flow-through partnership units: I purchased in 2016. Some weeks after purchase, the partnership units were listed in my self-directed account, showing an associated value with a footnote indicating that these are not securities that trade on a daily basis. Initially the listed value was around 23 percent below my actual cost of purchase, which I took as mainly an indication of all the fees and management expenses taken out up front. Since then, the account listed unit price has been adjusted every so often (maybe every couple of weeks or monthly). Gradually the unit price has climbed to where the holding is now a couple of percent in the black (relative to my actual cost). My understanding is that I can’t sell the holding until the partnership units roll over into mutual fund units next year sometime. So my question is: in the meantime, what is that partnership unit price showing in my brokerage account based on? Is it actually something like a present market value estimate (just as though it were possible to market the units currently)? If so, are such estimates normally pretty reliable (so that the account listed value from immediately before the roll-over translates reasonably accurately into the value of the resulting mutual fund units – barring some perfectly timed market collapse of course)? Or is it more of an exercise in fiction? Thanks for any help with my understanding on this!
Read Answer Asked by Lance on April 21, 2017
Q: Hi,
I remain somewhat confused about which account it's best to hold Dividend paying stocks in. I've noticed some responses where you indicate it's best to hold the dividend payers in non registered accounts and higher growth stocks (capital gainers) in a registered TFSA or RRSP account.
For whatever reason, I assumed the opposite as I thought receiving dividends was more along the lines of receiving income (i.e.- cash) so it would be best to put these into your registered accounts to lower the tax bill.
So, in my situation, as I receive approx 60k in annual pension income- am I better to put the dividend payers into the registered or non registered accounts to keep the tax bill as low as possible.
Thank you.
Read Answer Asked by Alan on April 21, 2017
Q: Hello

Do you have an opinion on Senvest capital or Sec.

Is it a good buy for valueinvesting and there is a good marge of safety or is it too risky

By the way, dou think you will find a company who will deserve A+ one time or it couldnt happen because the perfectionis not in this world

Thanks and I appreciate your opinions
Thanks
Read Answer Asked by Alexandre on April 21, 2017
Q: Hi, folks
I'm very new to 5i Research, and trying to get myself orientated around.
I have some questions on the balanced portfolio
1) with less capital like $50k, what your recommendations on how to follow this portfolio?
2) when there is a add/remove in the portfolio, how quickly I will be notified?
3) in the report, when you add or trim a position, do you provide at what price to buy or sell?
4) for how long I need to hold the stocks in your portfolio? Do I need to have a stop loss/trailing stop to max my gain and minimize my loss?
5) what is the average holding period for a stock in this portfolio roughly? You can give me a range the longest to the shortest...
6) to initiate to build this portfolio for my own, is it better to wait for the market to pull back? or Do you have a recommendation about when to buy?

By the way, is it ok for me to ask questions about stocks/ETF's outside Canada or large cap's inside/outside Canada (I know you guys are focus on mid to small caps)

Thanks a lot!
Jane
Read Answer Asked by Jane on April 21, 2017
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!