Investment Q&A

Q: I am working to balance out my portfolio; being low in both Consumer cyclical and defensive names. The objective for one purchase is income /modest growth and CTC.A is of interest. It appears (still) in a number of income lists, has a sporadically growing dividend and shows a current dividend of 4.85%. It is down over 22% on the year. I'd appreciate your take on this stock and any insights if you have a worthy competitor for this purchase. Many thanks and a Happy New Year.

Q: Is CJT a HOLD or would you sell. I already have Air Canada which I'm not too happy with.

Thanks,
John

Q: Telus's share price has declined recently, making the dividend very attractive for income investors. What would you consider to be the biggest risk of investing in Telus? Is the stock cheap in your estimation? Would you be comfortable in buying at the current share price?

Thanks as always for your expertise.

Q: Strategy Question

If I had 200 - 300 000 in savings meant for a home purchase down payment in the next 1-3 years. I would be in the highest tax bracket. Besides GIC's what do you suggest parking this money in, what are safe and tax efficient alternatives.

Q: I assume the dividend for both will be paid in USD. Can you confirm? If so, I will transfer the shares to my UD non registered to avoid conversion costs :) Thanks and Happy New Year!

Q: I am thinking of buying brookfield renewables in my TFSA. Which version is better to buy? Or do you have a better suggestion for the a company in the renewable space?

Q: What are your thoughts on Monday.com. Do you see it as a Buy, Sell or Hold. If you were to Sell - what would be a couple of other Tech Stocks that you would recommend to replace it.

Thank you

Q: Can you DRIP the etf XIU?
Thanks
Dave

Q: For a RRIF withdrawal, I'm thinking of switching either Telus or Open Text to a TFSA .
Which of these do you think has more upside potential?

Q: "joint venture between GIC and Dream Industrial Real Estate Investment Trust will acquire all of the assets and assume all of the liabilities of Summit and the unitholders of the REIT (the "Unitholders") will receive $23.50 for each outstanding unit of the REIT (each, a "Unit") they own in cash by way of a special distribution and a redemption of Units, subject to applicable withholdings."

If I sell SMU.UN now I will have a very significant capital gain in 2023,what happens if I keep it until the special distribution ?I suppose it will also be a capital gain?any other choice here ?

Q: Hello 5i. Accepting the premise that stocks are going to enter a bear market, how do you expect commodities to perform? It seems they are generally inversely correlated?

If one wanted to invest on this theory, what commodity ETFs would you recommend?

Thanks! And Happy New Year.

Q: Merry Christmas everyone and thank you for a wonderful service! I'm looking to purchase six different companies that have preferred shares and would like you to help me pick them. Security of dividend and safety of the companies (staying power) is the top priority here. Therefore if two preferred picks are in the same sector I don't mind as I'm not sure how much diversity matters here.

I currently own TRI and CSU preferred shares and would also like your opinion on them, thanks.

Q: You recently Initiated a position in Acadian Timber (ADN). You state It pays slightly more than its annual free cash flows in the form of dividends.
1] Why do you think this is good to pay more than its annual free cash flow in the form of dividends?
2] How does the company make a profit after paying dividends?
Thank you.

Q: I am a 56 yo retiree with no intention of going back to work. All my income comes from my investments. I generally pull out each year the cash the investments generate without needing to sell any shares as that is more than sufficient for my lifestyle. Is there any benefit to converting my RRSP (or part of it) to a RRIF at my age? Other than no withholding tax - which I don’t really view as a benefit since the tax has to be paid anyways - is there any reason to convert prior to being required to do so? Thanks in advance.

Q: With the economy slowing down would you trim cyclical stocks like TFII? I have a 6% position at this time, well into profit. I may use some dry powder later if the market keeps on getting hammered. My current cash position is about 10%.

Thank you

Q: Hello All,

Well one more day and we can turn the page on 2022. My thanks for your service and remaining composed through difficult times. Your professionalism is what keeps me glued to the service.

My question pertains to TOI and SHOP that I hold in a cash account. I want to move them into my TFSA where I hold the majority of my position in these companies. I’m down about $800 on shop and $600 on TOI. If I transfer them I lose the tax loss. If I sell and wait the 30 days I spend 40 bucks to make the trades and would have a 1400 capital loss which equates to net 700 to claim. Then I have to hope that the stocks do not rise to cancel out the gain. Any suggestions? If I buy first and sell after 30 days, I run the risk of the stock dropping and I’m even worse off.

Any suggestions? I am tempted to just transfer the stocks and forego the tax loss which is minimal.

Q: Hi there,

Looking insight on the two oil companies Athabasca and Surge. What is forecast on 2023 on the cash flow. Will 2023 be a positive on both companies with record cash flow, potential buy share pay backs and dividends. What is your rating on the two companies. Thank you.

Q: CSU is spinning out The Lumine Group. I can't find a stock symbol for Lumine so please explain how this will work for CSU shareholders. Thank you.

Q: Hi, What can you tell me about TNZ. Is it a possible investment op?

Q: Hi, Telecom stocks have been weak over past few weeks, perhaps due to bond yields creeping higher, once again. Is there any other reason/news which could have impacted the sector ? Telus, has been particularly soft and broke its 52 weeks low, in today's trading - any ideas, why? How do you foresee this sector and BCE/T performing over 2023 ? Thanks