Investment Q&A

Q: I am in my 30's and have a fairly diversified portfolio both geographically and by sector. Currently i own 100% equities with roughly a 70/30 split of growth to value companies. This money is for retirement and i don't plan on touching it for the unforeseeable future. I don't want to do anything drastic but i would like to get slightly more defensive going into next year. The bubbles i see in cannabis/bitcoin at the moment as well as i see many friends/family who normally don't invest or talk about investing starting to put money into the market (mostly in weed/bitcoin stocks) scares me slightly and i feel we could have a minor or slightly larger pullback at any time. Which of the following would you suggest. Add a 10% weighting in fixed income? Trim some of my growth winners (TOY,KXS,SHOP,etc) and add to some of my value names (XTC,OTC,WPK,etc)? Trim some winners to have my cash position move from 5% to 10-12% and add to positions when i see more value? I realize these can be personal questions but i am looking for your feedback anyways.

Q: i have enerflex in my tfsa is it a hold, or would you have another one you prefer like bbi

Q: I Would like to do some rebalancing. If you were to pick a stock in the financial sector for 4% of your total portfolio which stock would it be.? Also staying in the financial sector but looking for your suggestion for a stock with a bit more risk/reward. Looking for maybe a 20%+ growth target and this stock would be in TFSA and be 2% or less of total holdings. Not looking for ETFs at this time
Thank-you. Terry

Q: What should we make of yesterday's bought deal ? Is it time to initiate a position ?

Thank you

Q: I understand that CAR.UN has better overall assets than MRG.UN, but the difference in valuation seems ridiculous. MRG is trading at 80 percent of NAV and 14 times 2018 AFFO, while CAR is 105 percent and 21.8 times , respectively (all per TD). It seems to me at this valuation, Morguard should just take over the chunk of MRG it doesn't own. Thoughts?
Thanks.

Q: I have to cash in some of my RIF and wondering which company would be preferable to invest in. Both dividends seem to be safe with a good pay-out history.

Q: Though not in the Income Portfolio anymore, I am still holding EIF and EMA. Is it a good time to sell these and add others from the Income Portfolio or keep things as is?
Thank you
Stanley

Q: What is your opinion of Miniso's effect on Dollarama? I was going to start a position on the current pullback but am reconsidering now...

http://business.financialpost.com/news/retail-marketing/is-dollarama-about-to-meet-its-match-miniso-japans-2-99-store-plans-to-open-500-shops

Thanks

Q: Thank you for continued great support and unbiased opinions.

I plotted a few favourite 5i Technology stocks with high P/Es along with the Vanguard Information Technology ETF (NYSEARCA:VGT). Except for CSU (crazy +ve outlier),
they all cluster closely in returns over the long-term (i.e. 15+ years).
So, why bet on a few horses with such risk (P/E > 50) when one can own the track, make about the same return, with much less risk (P/E = 6.6)?

I think we all understand the advantages of ETFs in general, but considering the high P/Es specifically in the Tech sector, it really begs the question above. Thank you.

Q: Where do you see the sources of institutional funding or private investment in the Canadian Cannabis Industry ?

Q: What is the forward P/E on a few of the weed stock leaders? They seem crazy expensive.

Also, do you think P/E is the best metric for those types of stocks?

Q: I have sold my positions in ENB and ZCL for tax loss reasons. I am wondering if I should look at other stocks to replace these now or just hold the cash and buy these back in January. I would like your opinion and suggestions. I have a very long time frame. Thank you

Q: Hello Peter and Ryan,
Yangarra resources was going up while other oil stocks were going down. However, today Yangarra Resources barely moved much when other oil stocks surged given the news on OPEC production cut. Any comments? Also, Savaria surged a bit today. Was there any news? In general, when a particular stock stays within a narrow range when all the others in the sector are moving up alot, what does it mean for that particular stock? For example, today MedLeaf hovered around 1 percent range whereas the other cannibis stocks including the ETF HMMJ surged considerably. The same was true the day before when the cannibis stocks were down , MedLeaf stayed in the one percent range. Thank you.

Q: Peter,

Is xtc a good buy for a 1 yr hold

KM

Q: Hello
I am looking at Canadian non-cyclical segment stocks.

What are your thoughts on TPX.B and SAP?
Can you also comment on their projected growth for 2018?

I currently own some Premium Brand, Aliment Couch Tard, Coke, and Mondalez.

Am I over diversifying by adding two more names to my Non-Cyclical segment in your view?

Thank you!
Stephane

Q: I'm thinking of moving on here and an wondering what you might replace it with at today's prices. I also own MG and have done very well so don't need to stay in the auto parts industry. I'm a little light on industrials and materials so either sector would be fine. Thanks again for your valuable service!

Q: With XTC's growth slowing down and NFI's pullback, I am thinking of selling XTC and buying the equivalent value ( 4% of a balanced portfolio ) of NFI. I have a gain of 60% having owned XTC for 5 years. I am interested in dividend growth and stability in the business.
What are your thoughts about the prospects of these two companies 5 years out?
Thanks!
Rob

Q: Hi,
Thanks for your help, in the next 1-2 weeks I will have a amount of 100K
to invest in US stocks because now I am only 8% in US.
Please could you recommend 5 to 8 US stocks for Grow and Dividends.
Thanks
Jean Guy

Q: I'm thinking of taking my approx. 30% loss on VET and replacing it with something similar that has similar prospects. I own Whitecap as well. Would Cardinal energy fit the bill or would you recommend something else or even just buying VET back in 30 days. Thanks for your advice.

Q: Hi 5 I
Looking for exposure to gold what would you recommend
Thank you for great service