Investment Q&A

Q: Good morning 5i
Yesterday i asked about a replacement for Magna and you kindly offered tfii and ats. I like these suggestions. But, the problem ( nice to have such a problem) is that i am already quite overweightin tfii and am also overweight inthe industrial sector. So, i am hesitant to buy ats. Do you have an equivalent for ats? Any other sector is ok, although my technology holdings are high. Also a US stock would be ok. It may not be the right mindset but i would like something with growth that can help recuperate some of my loses on mga
Thanks

Q: Hi 5I team

I see in my account that I have received rights equivalent to the shares in IGR that I own. I am unsure of the significance, my options, and/or a recommendation(certainly dependent on my risk/investment tolerance). Could you enlighten me please. I do enjoy the 12+% yield.

Q: Hi there, can I please have your opinion on a company called Envela. Would you rate this company a buy, sell or hold?

Thanks!

Q: I’m invested for the long term. Do you view any of these names as no longer holding any long term potential?
Thanks

Q: VIRT has been banged up recently due, reportedly, to changes in U.S. regulations and their perceived impact. Do you feel that VIRT's stock price has over-reacted and that it might now be considered a buy?

Q: Over the years, I have heard some fund managers calling the ENB business model deeply flawed: taking on more debt to fuel ”growth” while simultaneously raising the dividend. If ENB was truly creating shareholder value I would expect that to be reflected in the stock price over a long period of time. Yet ENB stock has been flat for nearly a decade. Is it reasonable for investors to take on equity risk in order to earn 6% rate of return in a company with increasing debt? Would it not be better to invest in a company that can demonstrate some organic growth or accretive acquisitions?

Appreciate your perspective. Thanks.

Q: Hello 5i Could you comment on MR.UN as the share price has been at a low price for awhile and the possibility and wise decision for MRD to takeover MR.UN

Q: Dear 5i,
In regards to the March 21, article written by Michael Huynh titled Canadian Financial Companies with Robust Balance Sheets. I believe the GICS sub-industry classification for GSY is "Consumer Finance". Assuming GSY was included in the screening process. Can you help explain where GSY did not meet your screening criteria. I believe in general your team likes this stock.
thanks

Q: My Grandsons are 3 &1 old. They have 43% ZUT, 35% VFV, 21% ZWB and 0.9% BTCC.in their present RESP. I am looking for thoughts for the coming year deposit.
My thought are add to VFV (not enough now to reinvest),add a Reit ETF like TGRE or add an telecom ETF. I can not find a telecom ETF in Canada so maybe an alternative would be T.
All thoughts would be much appreciated.
Thank you

Q: Dear 5i
Do you think its important to hold more than one general market S&P 500 ETF in an RRSP account ? If so what Canadian and what US listed ETF`s would you recommend ? Is it important to hold both or just one or the other in an RRSP with regards to withholding taxes ?
Also if you own a Canadian listed ETF such as ZSP which holds individual US stocks , do those stocks held count towards the $100,000 foreign investment limit where a special tax form has to be submitted if above that limit in a nonregistered account ?
Thanks
Bill C

Q: I was reading Steve's question RE: combining the RRSP and Spousal RRSP. Depending on the situation, there could be a downside because of the spousal attribution rule. This will depend on when the last contribution was made to *any* spousal RRSP and when the withdrawals will start.

Q: Everyone, what do you see is the speed bump to worry about in the next three months and the next six months. Clayton

Q: Any idea what caused the 12% pop in NKL today? There hasn't been any news for a month from what I see although that news was basically good. Thanks.

Q: Retired, dividend-income investor. My wife has her own RRSP as well as a Spousal RRSP. We are both 68 year old and approaching the time where we shift our RRSPs into RRIFs.

I am considering the option of combining my wife's two RRSPs into one, to simplify things. What are the pros and cons of doing this? Is it a no-brainer just to do it?

Thanks...Steve

Q: Hello Folks:
As many others I have been hanging onto our Tech stocks (Goog, Amazon and Apple) hopping improvement is in sight.

Currently in consumer stocks we own Costco and Johnson and Johnson and media advises are diversifying more into this segment (eg. Mendalez, P&G etc.) useful strategy.

Do you think thinning down Tech is good advice? Perhaps utilities such as Enbridge could also be good defensive play. We are seniors valuing dividends with which Tech world is parsimonious. Apple appears the best bet in Tech as they actually produce and sell real products. Everything changes, however we value your thoughts and suggestions of including specific equity options (including an ETF). Currently I do not own any ETF's as I have preferred individual companies.
Thank you very much
brian

Q: Good morning - I have slightly profitable position in both ENB and BEP. I am wondering about reducing ENB and increasing BEP. I like both companies and have a long term horizon. Both pay decent dividends. Your thought please.

Q: I am looking at DNG and it has been a while since you last commented on them. The PE is attractive and has a small dividend with projected growth. Is their location in Peru too much of a detriment to even consider?

Q: WHAT is Best Play at moment

Royalties Which One

Gold Shares. Any undervalued names ?

Or would Silver be a better play.

Which ones . Is there a silver Royalty ?

RAK

Q: OMFL Is this ETF a good long term investment? Please educate me what is their "Dynamic Multifactor" method? Does any other ETF use similar method? How has the method performed? Thank you.

Q: There seems to be a lot of shifting of sentiment with regard to sectors and portfolio strategy.

My concern and question here my total portfolio; and Energy more specifically because recent news is suggesting a plausible $40 price for oil this year.
I would appreciate your thoughts on that issue

In addition , as a balanced to growth investor ( definitely not aggressive), my
Sector blends are: tech 19%/ financials 17%. / consumer cyclicals 13%/

energy 10%/ Communication services 6%/ industrials 3%/ real estate 3%/ consumer defensive 3%/. Cash 37%.

Knowing that there limits to what you can comfortably provide in terms of guidance I would appreciate your perspective on this sector allocation.

Thanks for all your help.