Investment Q&A

Q: I currently have my 2 kids (2 and 4 years old) RESP's invested in TD's eseries funds (CDN, US, INT). The fees the last time I checked are 0.33, 0.35, 0.50 respectively. I chose e-series because of the low fees. I manage my own portfolio and don't want to manage stocks in 2 RESP's as well so I want to stick with Index funds or etf's for simplicity. I am wondering it if would save me enough money in fee's to change from the e-series funds to Vanguard etf's of the same category (CDN, US, INT) due to the lower fees. The Vanguard etf's range from around 0.05% mgmt fee and 0.06% MER for the CDN. Since the RESP's have many more years to maturity should I make the move to ETF's since they are about 1/3rd of the price or are we talking about pennies in the long run since the fees for both are already really low? Has performance been better in either?

Thanks,

Q: In addition to diversified RSP, RIF, TFSA accounts, I have a small Trading account that I use for 'nice to have' rather than 'need to have'.
I have sold Photon and Reliq recently for tax loss and have 22% in cash which I would like to redeploy. In this account I am willing to take higher than average risk.
Current holdings are COV 9% (with small loss), TSGI 43% and SYZ 26% (both with good profit). Your suggestions for one or two stocks that you think have higher than average growth potential in the coming year would be appreciated.
Re your recent update reports - good timing with so much going on and I liked the format
Thanks as always.

Q: Hi everyone!
Just bought cybr.b and find it strange that BMO investorline classifies it under "Fixed Income"?
Was wondering if anyone else holds this ETF in another discount broker and under which asset class it is classified.

Thanks to all

Q: Peter,thanks for positive view on TFII in reply to my Q on BNN. As per G&M today,Industrial Alliance upgraded it to a Strong Buy with a $60 target price,Also,CM upgraded BB to outperform,US$14 tp & downgraded PBH to neutal, $82 tp,average tp $98.70

Q: Greetings, I have not asked a question for a while now (2 years?); here it goes. This seems like a good time to deploy some of my cash held in my TFSA. Can you suggest a stock similar to KXS in potential? Maybe GUD, PHO? Thanks as ever.
Henry

Q: I know you have recommended growth stocks in a tfsa account
For tax reasons, what about fixed
Income portion in the tfsa and
Dividend and growth in a investment account for the same reason. I review the previous questions and couldn’t find anything
Thanks for the help
Sam

Q: Hi Team, Sorry if asking again (asked on Friday) In the Consumer Staples, I hold PBH and will be adding some more and ATD.B. Would like to add a U.S. name, WMT or EL. Which would offer some growth in a volatile market? Total exposure to space would be about 12%Thank-you in advance. Sam

Q: Can you please comment on RPD. Would you recommend to sell?

Q: Greetings,
Falling sword or a possible future potential ?
At what price range is the running actual business worth more than share price?
At what point would you say it has become worth a "punt"?
Cheers

Q: As a retired person I am always looking for high yield investments.
So I look at something like HHL from Harvest. It holds 20 equal weighted mainly US healthcare stocks. A solid sector with good long term demographics. I see their current yield on what they are paying out is 8.67% - all capital gains - great! But I see the average dividend yield on the stocks held is only 1.96%. How can that be? Seems it’s done using covered calls Not sure how that works but sounds like it creates added risk. What if the covered call $ generated isn’t enough to meet their intended distribution? Where does the extra $ go if covered call exceeds the distribution.

So I investigate the industry a little more and I see words like- total return swap based, inverse, currency hedged, low/ high volatility, fund of funds, proprietary methodology, 2x returns etc., and I start to wonder what’s going on?

Then I remember the term “ flow through shares” of some time ago and say to myself “ it’s déjà vu all over again.

Derek

Q: I have followed your research and recommendations for a couple of years and have enjoyed the ride. I began with a liquidity of 'say $500k' so to speak. I invested approx half over a short period of time and kept the residual in cash. At my current age of 69, and having developed a distinct aversion to loss, I felt comfortable in maintaining this significant liquidity position. Now, with the markets in turmoil, rather than selling into the market, I am tempted to 'average down' and let go of the cash position I've maintained. I will not be in need of this 'fund' for at least 5 years or so. Would you recommend that I take this posture of buying more of what I have (which includes most of the companies you have in your balanced equity p/f), and if so, which stocks in particular would you recommend I add to.
Thanks,
cj

Q: Please comment on recent numbers, I am puzzled by share price lack of performance??

Q: Dear 5i
I'm trying to understand how companies actually get paid when we own for example an ETF that has a MER of for an example .5%. If the anticipated yield is say 3% you had stated in an earlier question of mine that the 3% is inclusive of fees . So all yields posted are generally always inclusive of fees right ? This means then that the actual yield is 3.5% minus the MER of .5%. So its a matter of the company in question holding their fee back from the yield rather than a case of the said company getting paid the fee which comes out of my brokerage company account directly .Sorry if this sounds confusing . I'm just trying to understand the process and be sure about what yield I'm actually getting and what fees I'm actually paying .
Thanks
Bill

Q: I am considering buying a small basket of jr. copper producers. This is based on the recovery of copper prices up to the $3.50 to 4.00 dollar level in the next 2 years. Would you buy any of the aforementioned stocks and in what order?
Thanks

Q: What do you think about yesterday's high volume decline? I have read the company statment after the halt. I have had some bad luck over the last 2 months and it seems everyday I get crushed with another big hit. I am still following my plan and am still fully invested in a balanced portfolio from your coverage list. Should i switch out vmd for a better name or hold?
Ty!

Q: After bottoming out at $1.00 DHX has recovered to $3.00 a share. Every day the stock moves up in this volatile market. Can you tell me if Fine Capital still holds a big stake and if not who does. It lookslike a good turnaround story—dividend cut, WildBrain gaining traction, conference call had some good positives.? Time to buy this time around after three years of just going down it looks like the bottom was found and DHX is moving in the right direction.
What do you think? I have a very small position.

Q: Hello 5I, In this uncertain investing environment, does it make sense to put some $ into this BMO Put Write ETF, to hedge a bit and collect a 6.5% yield at least until the markets level out, or is it better to raise some cash and sit instead?

Thnx
Dave

Q: How would you rank the above on a risk-reward basis over the next five years?

Q: Is tax loss selling strictly a Canadian phenomenon due to tax laws or is it a strategy available in the US as well?

Q: Heads up...
Just wondering if you missed a word in your answer to Tim today about Whitecap dividend being safe.
You wrote "WCP raised its dividend in June, and cash flow of $697M in the last 12 months easily covers dividends of $112M. But dividends are discretionary, and WCP has cut it before (Jan 2016). But we would expect a cut here. "
Sounds like you meant to say "But we would NOT expect a cut here. " - just in case it was an oversight.