Investment Q&A

Q: I have a very overweight position in Bam.a .I would like to diversity into other Canadian or US names as I think think near term for Brookfield will be at least challenged given their real estate exposure and the sentiment around that.What are a few of my the highest conviction US names you would favour?

Q: In your opinion which company would provide the best return over the next 5 years if Biden becomes president and the Democrats take over both houses?

Q: My question relates to Warren Buffet's purchase of 5 major Japanese trading companies.

If one likes to mirror Buffet's buys, in your opinion, would you be inclined to follow him into this move?
I believe none of these are traded on USA exchanges.
So if you like the move, is there an ETF that you would suggest in order to participate in this move of his?

Q: Hi, I know this is an american stocks, but what do you think of LLY? How "expensive" is the stock in general and vs peers? Would you say it is a buy/goes it look like it has good growth?

Q: Since July 2020 Lowes is pulling ahead of Home Depot, at least on the price chart. Is it time to sell HD for LOW or buy LOW in addition to HD?......HD current weight in US portfolio is 3.5%...and I know there would be a duplication if owning both but I can live with it......Thanks......Tom

Q: What is your thoughts on Vornado Realty Trust as a long-term buy? Boutique NYC real estate firm currently valued at 55% of 52 week high. Long-term, NYC real estate always finds a way to come back. Thoughts?

Q: Looking to add BAM.A and SHOP to the porffolio, which would you add first for a youngish investor in a TFSA? Is BAM.A going to be in the dog house for years to come? Does SHOP still have a long runway or have new investors largely missed the boat? Should one wait for a pull back on SHOP before stepping in? Also, considering the added cost of currency conversion, is there any reason to choose QQQ over HXS for in a TFSA? HXS is smaller, but is that much of an issue for retail investors? Please deduct credits as you see fit.
Thanks

Q: has anyone ever done a study that shows whether owning dual-share class companies fares better or worse than single-class? I can't seem to make up my mind on which, if any is better.

On the one hand, it is very democratic that all shareholders have an equal vote, but I can't help but think this leads to short-term quarter-by-quarter pursuits by management that may not benefit the long-term health of a company.

On the other hand, a concentration of voting rights by a small minority of shareholders could disregard the interests of subordinate holders yet allow for better strategic longer-term planning without having to worry about a populist revolt.

Do professional investors prefer one structure vs another?
Do you favour one over the other in general or does it have to be case-by-case?

Q: Any reason you can see for the recent fall in BCE stock price?

Q: Hello and thank you for the great advices as always! In a locked-in RSP, about 10% of my portfolio is exposed to oil&gas since I bought WCP, ERF, BIR, TOG AND VII in the big drop of March. Although I am Extremely happy with the run up so far, I've started to add stop limits to TOG, BIR and VII as I am A) scared of another downturn in the second half of 2020 (COVID related risks and current valuations) and B) I've also noted from reading the Q&A section that 5i isn't particularly bullish on oil short term and that you often categorize these companies as not a ''must have'' for the sector.

1) I haven't been able to get myself to think of selling or putting a limit on WCP. I know you aren't too much excited about the company, but I am emotionally attached to it. One of my best play. Love their Greener-ish Footprint. Love the monthly dividend(DRIP). Love that the operations are located in Canada. I think it will be a good consolidator (Manulife's NAL resources for a start). What's your view on the company today and would you consider my sentiment for the company irrational (or financially dangerous)? I've seen 5i recommend VET over WCP, but I don't understand why. I find VET very disappointing this year, not well paid to wait and its geographic dispersion a headache.

2) Similar story about ERF. They have one of the stronger balance sheet for the sector I hear and wanted your take as well on the company as of today. I found their planned approach for the future a little too conservative on their latest earning call. My two fears with them is that they are a much smaller player and with the US elections coming up, their Dakota operations are stressing me more especially with Biden's statements on energy.

3) I hold some Suncor&CNQ in other accounts and I will eventually reduce my total exposure to the sector, but for fun's sake : If you could only keep one position between ERF and WCP (drip active) for the next 5-10 years, which one would it be and why?

Thank you very much again for the help and the great service.
- Michael

Q: Your thoughts on their acquisition of NAL?

Q: I think the insider ownership at SIS is much higher than the 2% in your latest report, Thx

Q: Hi 5i team.

Any news today causing even the highest regarded apartment reits to sell of significantly? CAR.un, IIP.un, and MI.un all down close to 5%.

Thanks.

John

Q: Hello guys,

I was hoping you could help to interpret the reports from Canada's banks this past week.
On the face of it, earnings did great compared to expectations. However they largely reported these gains based on outsized returns from their capital markets divisions. I am trying to make sense of what this means in the short and long term.
Firstly, capital markets are comparatively small parts of their businesses (at RY it is normally 20% of income). Is it also safe to say that this is a reflection of both turmoil and government stimulation, and I wonder if governments will be remiss to see its money land there. A d is it repeatable.
Second, with low rates on the horizon increasingly, the Fed and other central banks appear torn about the inflation theses that they have and what to do next. For banks I understand this means margin erosion as well as potentially demand destruction from customers.

Any thoughts on progress of the sector and possible ripples to the economy are greatly appreciated.

Thanks,

Peter

Q: Hi Folks, my question is on GILD. I purchased this back in June - I am down about 15% as of today. What has happened to this stock to justify this decrease ALSO would you still recommend holding on to GILD or is it time to sell ? Greatly appreciate your comments.
Thanks

Q: Can you please comment on their acquisition today? Thanks

Q: Morning guys:
Looking to get back in this name, would you buy right now .
Thx
Mark

Q: Wondering about getting returns from non-tech companies, since I have plenty of tech. The world largely still runs on oil. Of course Russia and Saudi Arabia can swing the market, as we have seen. I have some Suncor (SU) and Exxon (XOM). Is Exxon's (XOM) dividend safe? Any wild guesses as for how many quarters out an upswing for energy might be? Thoughts on adding to XOM or SU? I feel like there is potential there that might be better than say Loblaws or other basics.
I appreciate any insights.

Q: Somewhere in my past I read an article that proposed the idea that an investor should develop a list of 10 companies that are so well managed and poised for long-term growth that they could become a 'hold forever' portfolio. I guess you could call them the 'best of the best companies'. I'm 75 years old which seriously limits the amount of time for my investments to grow, so I have begun to think of my investments as ones that my children would benefit from inheriting.
Keeping all this in mind, I would greatly appreciate it if you would provide me with what you consider to be the absolute best 5 Canadian companies to buy AND although I realize you don't deal directly with American companies, the best 5 American companies to include in the portfolio.
Thank-you for your continued support and I would appreciate any suggestions you can give me.

Q: Are you aware of any reason for today's selloff in this REIT? Thank you.