Investment Q&A

Q: I own Gilead and Celgene already , and am considering Medivation or BDSI ...
Am I in a high risk sector , or is this the space where growth is most likely . Any thoughts you might have would be appreciated .

Q: Finding out whether or not investments are foreign, even if listed on the TSX, is only part of the fun.

Here's the CRA updated information for Form 1135 for 2014.
http://www.cra-arc.gc.ca/tx/nnrsdnts/cmmn/frgn/1135_rprtng-eng.html

I had thought the old form wanted adjusted cost base but now they seem to be talking highest fair market value at the end of any given month. At least it's aggregate.
I'm tempted to just go with what my monthly brokerage statement deems as foreign, and that total ( which does not always agree with what I suspected was foreign, or with where head office is!) since that is the tax paperwork that the CRA will get.

Anyway, enjoy everyone. We all know that 5i is not a tax accountant service!
Marilyn

Q: What are your thoughts on FC : TSX?

Q: Can I get your thoughts on this ETF as a 5+ yr hold as part of a diversified portfolio.

Q: As a long term holder of RIO, have been very impressed with management.
Can you offer an opinion of this combo & price being paid & future for the
combo.
Thanks

Q: There seems to be some confusion on your recent comments between these 2 similar but different cos. nwh.un is strictly in Canada while mob.un is international, with a small exposure to Canada. Could you give a separate opinion on each. Thank You

Q: I own some shares in GWO and have noticed some strength in the stock price over the last month or so. During this period there has also been some downward pressure on interest rates which is generally not helpful to the stock price of the lifecos. Can you provide any insight into this situation?

Q: is this a good time to take a position in the above?

Thanks
M

Q: May I please have your current opinion on BRE.
5i is a superb service. Thank you

Q: I am a new member and this is my first question.
I own the following REIT's BTB.UN, CUF.UN, CRR.UN, TN.UN, DRG.UN, RMM.UN and REI.UN. I also own ZWB. These REIT's plus ZWB represent 26% of my portfolio. Is this too high a weighting or should I reduce and if so which ones should I dump. Other than this my portfolio is diversified across other dividend paying equities.
Thanks in advance.
PS enjoying your website, particularly the questions and answers.

Q: Most of my money has been handed over to professionals who have more time to focus on investing and frankly have abetter track record than I do! However I'd like to keep 10-15% of my portfolio as a serious hobby (2 TFSAs and an unregistered account). Thanks to your wise words, I am getting more diversified and now have about 35 stocks (some of which will likely be sold when resources recover a bit). I'd like to add to Healthcare as this is under represented in my portfolio. I currently own some Knight (GUD) and Chartwell (CHS which is only sort of healthcare). Am I correct that of the Canadian healthcare choices, CCT would be your top choice even after the recent run up? Am I also correct that you would view my number of holdings as being at the upper limit for a diversified portfolio?

Thanks for your patient assistance!

Q: I'm wondering if you would consider any of the stocks in either portfolio too expensive at this point to buy new positions in? Some are doing great and have grown so much, and are great to hold in the portfolio, but you may not want to buy new positions at their current prices. Thank you!

Q: Good afternoon Peter and Team:
In considering an investment in this year's TFSA for a 45-year-old long-term investor(at least 10-15 years time frame), GUD is being considered. Looking at the TMX website, it shows a beta of -0.379. What are the implications of such a low correlation to the overall market in a fairly well-balanced portfolio that already holds CLU.C, CXI, DHX.B, FSZ, MDA, VET, and WSP? Would GUD be a good fit for this year's contribution, or do you have any other suggestions? Thanks for your valued advice and fantastic service.

Q: The recent financial results for CAE SEEMED good but the stock dropped considerably,,, Is there something in the report or forward advice that is the cause.. Please give your take on the finances and growth prospects of this enterprise going forward and if this is an opportune time to invest; and perhaps what other company might be 'better' ( more sound, better growth prospects) than this. Also would you consider their business to have a fairly secure "moat"
Thanks

Q: Hello,

Please give me your opinion or a resource on how do you research the management of a company. They say superior management is the key to superior market performance. Sabina Gold and Silver has just hired a new CEO effective February 15th name Bruce McLeod. Can you please advise on the company and new management.

Q: Given that the markets (except for Canada) are near all time highs and appear to be quite stretched, do you feel that it is wise to enter any long positions, even 5i's picks? My instinct tells me that I should be hedging my portfolio and search for short opportunities rather than go long? Any thoughts on this? Thanks so much.

Q: Hi 5i Team,

It's my view that the guys who run this company are pretty darn smart. As you recall the history of Tahoe Silver was that it was started by the former CEO of Goldcorp and purchased its main property from them. Tahoe is at it again recently getting into Gold, with a recent mine purchase. Do you see this as a subtle and shrewd move as buying at a bottom? I was lucky enough to get into Tahoe several years ago at $6/sh based on this same sort of hunch. What do you guys think? Many Thanks again.

Q: Has this Company now become a buying opportunity?

Q: Your thoughts please on how this might pan out. News today that some 300 investors made a ton of money on amaya ahead of the deal. How can this be proven and if so what are the implications for amaya?

Q: Do you feel the news release today will have an effect on the performance going forward. The stock has been lagging for the past few weeks. Can I please have your opinion going forward.
Thanks for your great advice.