Investment Q&A

Q: I hold the US portion of my portfolio in my RRSP. It represents roughly 20% of my total investment. I do not need to convert to RRIF for another 5 years and at that time will be taking the minimum required.
I currently hold ZQQ; ZPAY; ZDY; ZWH; ZSP.
I am thinking of switching my holdings to the following in roughly equal amounts: ZPAY; VUN; ZSP; ZNQ; XSU.
The objective is to get better coverage of the total US market through XSU and VUN. Maintain coverage of S&P 500 through ZSP. For Tech switching to non hedged via ZNQ. ZPAY will still provide good income with perhaps some downside protection through its options strategy.
Your thoughts and recommendations of alternatives.
The rest of my portfolio in my Non-Registered account and TFSA follow a mixture of your 3 portfolios which by the way have provide me with a return of 12 - 15% in the past 6 plus years.

Q: How big a deal is buying moda for enbridge.

Q: Hi 5i,
Can you please provide your high level opinion of U.UN?
What kind of investor might purchase this?
What account would you suggest; TFSA, RRSP or NonReg?
Is this a trading stock or better for long term hold?

thanks

Q: legato merger corp what about this merger with algoma

Q: Hi folks. El Salvador has accepted Bitcoin I believe and even given their citizens some of the currency. Why have they taken this stance? A safeguard against the inflation in their fiat currency? Do you think other countries will follow suite?
Has this changed anything with the outlook on Bitcoin?
Thank you and good day.

Q: Thinking of selling TRP and picking up PPL as I'm thinking it may have more opportunity for growth. Your thoughts on this are very much appreciated. I already have a full position of ENB

Q: I have owned this stock for a while and am looking at exiting it to deploy the cash into growth stocks. The bid/ask spread has always been quite wide historically it seems. What is the best way to sell this type of stock with large Bid/Ask spreads?

Q: In your opinion which company in each of the 4 groupings offer. the best rate of return over the next 5 years?
Atd.b v.s. Pki
Cnr v.s tfii
Dol v.s. Do
Shop v.s. Lspd
Thank you

Q: Hi 5i,
I believe in diversification with a dividend bent. That said, I have Canada covered and thank you! The USA is mostly covered as I have bought large cap. div. companies and about to buy DES to cover the smaller cap. companies, does that make sense or is there a better way? Also the rest of the world is currently covered with VXUS, what else can be bought to cover equities in the rest of the world, if needed.
Many Thanks!

Q: looking for a fintech growth company with a 1-2 yr investment horizon. Could you pls comment on each.

Q: Update on this company please.

Q: If inflation does continue can you give names of companies that i may want to hold and company's that i should not hold in different categories? Thanks, James

Q: I am interested in investing in China. I recently read that the Bill Gates fund recently opened a position in CAF, Morgan Stanley China fund. I was wondering why his fund managers would do this rather than simply buy an index fund, such as MSCI. I was wondering whether you might be able to cast some light on this question
thanks as always for the great service

Q: A number of years ago I did some due diligence on NOC and have successfully owned it at times since then. The stock had a bit of a pop this spring but has been going sideways in recent months. If I was a technician I might think it was consolidating or building a base. The company could benefit from US stimulus or it might be impacted by supply chain issues.
I would appreciate your thoughts on the company's prospects going into it's next earnings report in late October.
Thanks for your insights.
Ian

Q: I have 25K that was in a GIC, making basically nothing (or losing money when considering inflation). Can you recommend something that is likely to retain the principal and earn more in 2 years than the 1.5% 2-year GIC? Thank you.

Q: Retired, dividend-income investor who normally holds for the long term. I own a half position in Manulife and am down roughly 7%, including dividends. My long term plan was to sell MFC and rebuy a second Canadian Bank (I already have a full position in Royal Bank).

I have compared the various metrics (P/BV, P/CF, P/S, ROE, technicals, analysts estimates, etc.) for the above mentioned banks as well as against MFC.

Looking at the banks in isolation and already with a full position in RY, I've narrowed it down to either BNS (International exposure and current laggard due to Covid) or TD (more US exposure and 1 year laggard). Of the banks that I do not own, please rank them in order of the best total return over a sufficient period of time for Covid to have subsided (1-2 more years for improved vaccination coverage?). Do you agree with my rationale?

If you include MFC into the bank comparisons, where would you place MFC in the rankings? I have read to buy the banks when their P/E is < 11.0 and buy the insurance companies when their P/BV < 1.0. This would lead me to buy TD (P/E of 9.7) or keep MFC (P/BV of 1.0).

So...keep MFC versus take the loss in MFC and then buy BNS or TD? Your thoughts?

MFC is held in a taxable account and I have no problem taking a loss.

Thanks for your help....Steve

Q: Hello 5i,
Thank you for your great service! The new HDIV ETF mentioned in the ETF &MUTUAL FUND UPDATE seems to fit in to my value oriented portfolio (albeit with some growth stocks LSPD and LEON'S). Is it a good idea to get in on the ground floor or wait a year to see how it does. Mouth is drooling at 8.5% not seen for many years on a quality position.
Stanley

Q: What is your opinion of $XRX

Q: Without regard to sector allocation what are your thoughts on switching NTR for CGY. Pros and cons.
My thinking is that I would like additional buy and hold stocks like CSU and BAM.A. That I already hold.
These need less attention.
I’m more of a capital preservation investor at this stage.

Q: Regarding companies like PLC that have businesses spread all over the US, does it make any potential privatization or buyout less likely for PLC, or does it have zero influence on any potential suitors?

Thanks.

John