Investment Q&A

Q: "We don't quite match the market in good years but will lessen your losses in bad years" say many portfolio managers to clients in exchange for a 1/2 to 1% management fee.

But, over the years, since the market has had significantly more positive years than negative years, I feel this is a good argument to just purchase some very low-fee ETFs, once you've determined your asset and currency mix. Less fees, therefore more money invested and therefore little value add from the advisor! Your comments please.

Also, I am a 65 year old retiree with a high 7 figure investment portfolio who will not run out of money. I favor a balanced portfolio of 80% equity (with a slight tilt to growth) and 20% fixed income. I also favor a 50/50 split between US and CAN dollars.

While I realize you cannot provide individual advice, which low cost ETFs should I consider?

Q: Could you provide or provide a source for historical TSX sector performance?

There is the TSX 60 performance chart over time and that of individual stocks. I haven't been able to locate a consolidation of the individual stocks in each sector. Thank you

Q: Good morning, I’m wondering if you could provide a list of a few dividend ETFs for a TFSA. Looking to contribute every two weeks. Currently hold XEI. Thanks

Q: Hi 5i Team - What would your top 5 ETF's be as I'd like to purchase the best ETF's that you will recommend.
Thx - Doug

Q: Can you give me your 3 favourite Canadian gold stocks and reasons why? Thank you.

Q: Your opinion please

Q: Sorry but another question on CSU.db
It appears that only CSU shareholders will receive the warrants for a potential swap. I have a friend that holds the original debentures and they did not receive any warrants for exchange? Why would the shareholders receive warrants ( they don't need them) and the original debenture holders not receive warrants ( they will need them)?
Secondly on the rights , 3.03 rights are required to buy $100 face value, is it fair to say its actually 4 rights then? Fractional rights won't be allowed?
thanks

Q: Sorry for another questions about the CSU rights, warrants and debentures. I was thinking of taking a small position in the debentures and have the rights to do that. However, I believe that I would be getting the Series 1 debentures which likely means that I will someday have to buy warrants to remove the redemption feature. The cost is now starting to increase because I am not sure there will be enough warrants to cover the Series 1 debentures so the warrants could be expensive. It seems to me that if CSU wanted to remove the redemption feature they could just do it without the warrants. Will there be enough warrants to go around? And if the warrants sell for $1 that is another 1% lost. Any further comments?

Q: I am interested in taking a position in BKNG, but according to everything I have seen, there DEBT load has grown quite substantially this past quarter. There long term debt is high, am I just misreading there financials ?

Q: In a Rif account, looking for steady and increasing dividends over time. Of the two, which has better metrics for long term sustainability. Brief recap of metrics also on the chosen one also

Thank you

Q: Convertible debentures are coming due towards year end. What impact, if any, do you expect this may have other than possibly rolling them over to a higher rate and lower conversion price.

Thanks.

Q: What do you thank of the Quantrum a i Platform that musk started

Q: WTI Oil is up substantially in the past two days but most Canadian oil stocks are down. Any reason for this?

Q: Any idea on why the big hit? Cheers, Chris

Q: The four referenced cash accounts pay roughly the same rate of return. Which of these are best in terms of risk and liquidity. What would you recommend for cash portions of the portfolio and which etf if any would you avoid. Thanks

Q: I realize DG has had a few underperforming quarters. I recognize the competitive landscape in the U.S. I have some questions on DG as an investment going forward.

- Is CAPEX the main reason for recent quarterly disappointments?

- Is debt manageable, and can they now improve their free cashflow going forward?

- Is there still growth available to them relative to the last couple of decades?

- Would you invest in this company today?

Q: SHOP still dropping Tuesday am. Only news I see is the following but I think it would be a positive. What are your thoughts? Any idea why price continues down?

12:42 PM EDT, 09/18/2023 (MT Newswires) -- Klaviyo, a marketing automation company, lifted the proposed price range of its upcoming initial public offering, according to a filing on Monday.
The firm said it estimates its IPO to be priced between $27 and $29 a share, up from the previous range of $25 to $27 announced last week. It plans to offer 19.2 million common A shares, including 7.7 million shares from selling investors. The selling stockholders have granted underwriters a 30-day option to buy an additional 2.9 million shares.
The company expects to have 251.9 million of series A and B shares outstanding following the offering. The company's common A shares will trade on the New York Stock Exchange under the KVYO ticker.
Klaviyo said its investors including certain funds and accounts managed by BlackRock (BLK) and companies affiliated with AllianceBernstein have indicated an interest in buying up to $100 million of series A shares at the IPO price. Its investors include Canadian e-commerce firm Shopify (SHOP), which already owns about 11.2% of Klaviyo's B stock, the filing showed.
The company estimates net proceeds of roughly $296.2 million from selling series A shares, based on the midpoint price of $28 per share. It aims to use the proceeds for general corporate purposes and to finance growth strategies. It said a portion of the amount raised may be used to satisfy the anticipated tax withholding and remittance obligations of about $62.3 million related to the settlement of its restricted stock units. Klaviyo will not receive any proceeds from the sale of the shares by selling stockholders.
For the three-month period ended June 30, Klaviyo reported net income of $10.9 million, swinging from a loss of $11.7 million a year earlier. Total revenue came in at $164.6 million, compared with $109 million in the 2022 quarter.
Online grocery delivery firm Instacart on Friday lifted the per-share price of its planned IPO to between $28 and $30 from the prior range of $26 to $28.

Q: What are your top 5 Canadian growth picks for the next year? Please rank and explain why each is a strong choice? Also, what are US choices?

Q: Hello, may I please have your current thoughts on SEDG? The current price action is terrible. I understand from your August 17th response that recent guidance was weak. Just wondering where you see the stock bottoming and what catalysts may trigger a recovery.

Thank-you,

Stephen

Q: Hello Peter,
Do you still see both Topicus and Lumine Group as long term holds or should i just buy CSU and add more to my existing shares? If oil companies decide to privatize, how would the investor share price be reflected? Does the company buy out our portion of shares and at what price (current price of market).. Lastly, any comments on baytex would be appreciated. Thanks