Investment Q&A

Q: A lot of market commentators are observing that there is potentially a correction ahead. Ordinarily I would follow your long standing thought to not try to time the market and I would simply stay the course. But one income oriented account I am concerned with has a priority of capital preservation. These 7 named stocks make up about 1/2 of the holdings. Can you please provide your quick assessment whether they are reasonably safe in the event of a downturn. If not and they are more exposed to a decline, would trimming be sufficient or are there some other names to migrate to protect the account assets?

Many thanks for your excellent service

Q: If a 40 year old (about 20 more working years to go) investor had: RRSP maxed out, TFSA maxed out, and $1.1 M in a NR account, and a $400,000 mortgage debt outstanding (at todays interest rates), would you recommend he sell investments to pay off the mortgage debt, and then put the extra income back into new investment positions to catch up? Or just pay the mortgage off over time, including the interest payments, while letting the investments mature? Thanks.

Q: CADL US based clinical stage drug company and would appreciate your thoughts on taking a small position
Thanks
Rick

Q: Given the weaker Canadian economy (and outlook), how does the long Cda bond (xlb) compare to the long US bond (tlt)?
Thanks.

Q: I was considering selling FRU to buy ENCC. They seem to follow each other and ENCC has almost 2 times the yield. What would be the your thoughts on this trade? Thanks, James

Q: hey guys hope all is well bought shares in this company when there was a lot of insider trading and also with the thought that uranium is a viable alternative to fossil fuel the stock has since tanked if i could have your opinion on the company and whether there is any point in holding or not thanks as always

Q: I never seem to make any money investing in the resource sector but gold/silver prices are picking up again. If silver ever gets above $30 things could get very interesting for the miners.

Do you have any small cap silver producers to recommend for a quick little silver rocket ship trade?

Q: Hi 5i, I have a fair bit parked in CASH and PSA, enjoying the decent interest on the funds I dont want to have exposed to market volatility. My question is, if Canadian interest rates drop significantly sooner and/or further than US rates, would it make any sense to move out of CASH or PSA and in to something like HISU.U?

Understand, of course, this introduces the element of currency risk/volatility. But, ignoring that, would this strategy work to continue realizing interest rates of +/- 5% (assuming US holds longer)?

Thanks!

Q: I have held Visa for many years and made some good capital gains. But the rules have been changing and companies allowing customers to pay by credit card are now allowed to charge those customers an extra 2-3% fee if they want to pay by credit card, in order to offset the fees charged to them by V and MA. Increasingly I am seeing restaurants, retailers and others tell me they will add 2-3% to my bill if I want to pay by credit card. I am seeing this more and more often when I make a purchase and it is causing me to prefer cash to credit, especially when the dollar amount of the purchase is quite substantial and the extra fee, accordingly, is also substantial. Even when the businesses I am dealing with are not charging me this extra amount, I am more inclined than I used to be to pay by cash if the retailer is a small business, just to help them reduce costs.

So my question is how much should I worry that this effect will snowball gradually over the next few years, with a negative effect on V and MA? Both stocks seemed to have plateaued recently. Is it time to replace my V with another stock and if so, what would you recommend as a suitable replacement?

Q: I own HTL and hope you can provide your thoughts on the medium to long term prospects for this company. It seems to have peaked 2021/2022 and has since been in a downtrend, basing at approx. $1.30. I thought the ART business was very interesting so I purchased some awhile back. thanks

Q: KBL has been doing well this year could you give us the future prospects and your view going forward.

Q: Which would have a safer dividend for the longer term FTS or BEP.PR.R or both.

Q: thinking about diversifying out of dollars, , aside from US$ and gold, which currency do you think might be on a strengthening bias?

Q: Hi Peter, several years ago I held a stock that a short position was taken on it and it fell because of that and I lost money due to that. Now I heard that a similar "short" was put on WSP so to avoid a similar situation as before I sold my 40 shares but this time at a profit. In this case the shares aren't acting the same or not yet that is. Was it a mistake, did I over react or is the short warranted. How do you know who to trust. Thanks

Q: We always heard Buy Low Sell high. Will this apply to these two companies , being at their 5 yr. low? If they were to cut their dividend by 30%, their dividend will still be 4% +, and the price will drop even further. Would then be another time to scoop up some more?

Q: What are your top 5 Canadian natural gas stocks in order of how you would buy based on total return expected in 2024? Would you buy all five at this time? If not, which would you buy?

Q: Hi Team,
What's happening with PRL today? I looked this morning it was up 0.5% and now its flying up 13.6%. I don't see any news. I only recently have initiated a half position in this name and was planning on adding on a dip...but maybe a dip wont be in the cards. Is it worth chasing here or should I wait to add to it?

Also...what is giving this name such a higher value when compared to GSY? GSY from what I see is growing almost as fast, even though it's a larger company with longer track record. GSY also seems to be reaching scale as their loan book growth is now growing exponentially the last year or 2. GSY just seems so undervalued all the time it's hard to understand what more investors can want here with the name.

Thanks,
Shane.

Q: Stumbled on a Morningstar article which pointed out these companies share prices are relatively low in relation to their fair value. Wondering if you comment on these and if you think they have some potential for gains. If there is some opportunity with these, can you rate in order of your preference.
Thanks

Q: Hi,
EVO is an etf recently launched which uses AI as a modelling strategy. Management charges 0.73%.
Can you tell us more about the team behind this etf and their track record as well as your thoughts on using their modelling using AI.
Thanks

Q: Enbridge announced 2 JV in late March. Would you comment on what will be the impact of these JV on revenues and debt. Good for short, mid or longer-term? Still hold or buy? Thanks a lot.