Investment Q&A

Q: I spent some time reading the Offer to Exchange as I was thinking of doing this even before the offer came out. I am trying to reduce my taxable income because of the clawback of OAS and the RoC distributions works for that. However, I noticed that this will be a taxable event, ie it will generate a capital gain or loss on the BN shares that are exchanged. For long time holders with a capital gain it may not be worth doing. I didn't see any mention of the tax consequences in previous questions.

Q: In the chart "Portfolio Total Return with Benchmark as Base (%) 5-Yr" in your monthly portfolio reports, why does it change for a given date from month to month? For example, at 2022-1-1 in the Mar 31, 2023 Growth report it is about 50%. But in the Sep 30, 2023 Growth report at 2022-1-1 it drops well below 50%. Is this not the cumulative excess return over the benchmark for the 5 year period ending 2022-1-1 in both charts and therefore it shouldn't change? Thank you.

Q: Hello,
Based on their financial statements, are these companies worth keeping or exit before year end for capital loss?
Thanks
CR

Q: Hello
I was looking at your 5i Stock Screener: Canadian Utilities Companies That Are in a Solid Financial Position, and was stunned to see that Fortis is missing from the list. 5i are constantly recommending FTS as a "best" company with a 50+ history of dividend increases so is there a problem with it, so not on the list. What would it's numbers be if it were on the list. Please explain
Thanking you............ Paul W K

Q: What advice can you offer when considering the purchase of a stock that has declined to attractive levels, but in so doing has become vulnerable to tax loss selling given the time of year? Kinaxis, Brookfield Renewable and Telus come to mind, but there are others.

Q: If one believed that now was a good time to start picking away at beaten up stocks, how much should the fear of tax loss selling in the next 6 weeks weigh on the decision of whether or not to buy now or wait? Probably not a great way to invest pitting the fear of short term loss against fomo. Could you also highlight 10 or 12 Cdn stocks that in your opinion are the most vulnerable to taking a big tax loss selling hit this year. Thank you.

Q: I'm looking to diversify from my US and CA markets to buy some international markets. I noticed that VE, European developed etf, didn't appear in the companies addressed above. Would you prefer a developed Europe etf or a Japanese etf at this time? Do you think Japan has a higher growth rate vs potential loss rate than VE? If so which Japanese etf would you recommended? Would you consider hedged back to CAD to be preferable at this time?

Q: Do you still rank BEP.UN an A? H or BEPC today? Thanks for your professional opinion.

Q: MTY or QSR: which best buy? I am thinking mild recession - maybe better price of entry later? I do not own any stocks in this group. Not sure I need to own? Not big dividend growers which is my mantra. Too many good blue chips avai8lable that are good dividend growers.

Q: Good day guys ,
This story getting hit again .. is this a tax loss selling situation here? ..according to u guys there has been insider buying .. would u add here or still hold this frustrating name .
Thx
Mark

Q: Through a portfolio manager, I hold DYN253C in a non registered account. It's now 7% of my portfolio and is down 40%. Is it worth holding on to? (long term investor)
In the same account, I'm down by 80% on Terego. Is it a sell? The portfolio is otherwise diversified.

Thanks,
Andrea

Q: Hello 5i
Could you explain the options for a current Essential Energy Services shareholder with the agreement that was made by Essential to be acquired by Element Technical Services, if the amalgamation is approved and also if it is not approved.

Q: I’m responding to a question about Quantum AI. Please stay away, as I think it is a fraud. I got sucked in by an ad between Stephen Harper and CTV news where Harper allegedly recommended Quantum AI’s bot investment platform. I filled out the request for information from Quantum AI. But before I could do my due diligence, they called me and convinced me to give my credit card information for the minimum deposit (250USD).. Once I hung up the phone and had some time to do my due diligence and tried to see the original Harper/ CTV news interview. The interview was nowhere to be found and the ad had disappeared. I looked on their website and saw positive comments from Elon Musk, Jeff Bezos and Bill Gates. They were all fake endorsements. That’s when I realized that I had been had. They gave me an email the next day asking for more financial information from me to set up the trading platform. I refused and said I wanted my deposit put back on my Credit Card. Of course they refused. I had a long email chain with them, but they just had a hard sell and got angrier when I wanted out. Since they refused to allow me to back out, I reported them to the police and Canada’s fraud website. There were other red flags such as making exorbitant claims about the money one would make. There was very limited contact info, such as a physical address, phone numbers and email addresses. Also there were their hard sells. So my strong recommendation is to stay far away and not be sucked in. Hope that helps 5i readers not to make the mistake that I made.

Q: ATS is something that 5i likes. On April 6 of this year it was 52.40 and now today Oct. 17, it is $52.50. You know a lot about this company. I own it because I am a long time member of 5i - do you see things in their profile that I would not have access to? You like QSR and it was a recent pick on BNN. I own it at higher prices. From what I have heard, I am thinking of adding more. Your opinion would be appreciated. Thanks so much.

Q: We are being bombarded with advertisements from Elon Musk regarding the QUANTUM AI trading platform available only to Canadians.
The system requires an initial investment of only $250 and promises "to help families become wealthier". FOX News also covered this in their program.
What is your opinion on this platform ? Has anyone tried it ?

Q: Hi - I resend the question about this product, a “smart” GIC:

RBC® Canadian Banking MarketSmart GIC.

What do you think, for a RRIF, could be an alternative to VRIF?

Thanks

Q: Please indicate why the exchange of BN, a great company over new shares of BNR?
Wise switch of investment, and why?

Q: What do you think of the offer to exchange BN shares for Brookfield Reinsurance?
John

Q: Good morning, Parkland is hitting fifty-two week highs lately. Do you think it might be too late to buy in for about a three year period, thanks.

Q: Comments on PLC’s sale of part of its portfolio yesterday? How will market react? And does this have anything to do south the company’s decision re Carriage services offer to purchase and rescinding the offer?