Investment Q&A

Q: Bloomberg article today summarized:

Forget the stock market or private credit. Fixed income will outstrip other asset classes after “a generational reset higher in bond yields,” according to Pacific Investment Management. “Active fixed income is positioned to perform well if there are no recessions over our secular horizon and to perform even better if there are,” Pimco’s Richard Clarida, Andrew Balls and Daniel Ivascyn wrote in an outlook released Tuesday. As prices climb and inflation recedes, they expect bonds will be even more attractive than cash.

Can you offer some guidance/thoughts on this? I’m a growth investor primarily in stocks, and not familiar with bonds.

Can we benefit from some torque? What would be your top ETF plays in this?

Q: to start a new position in telcom today.

assuming same dividend growth average of the last five years for each company and asssuming it is maintained moving forward,

how long would it take for the dividend of telus to catch up to BCE when they are starting as far apart as they are currently ?

Which of the two do you prefer for a long term hold and why ?

Q: Hi - can you comment on Coveo’s latest earnings?

Q: In many of your answers regarding the AI phenomenon, SMCI used to pop up along with VRT. VRT has hung in there very nicely, but SMCI is struggling near a 60% haircut from its peak. From your last comment on May23, you advise to keep both eyes on it, but I,m wondering if some compitition is affecting the company. Who are its closest competitors? How did the last quarter report compare to the previous 7 quarters, and would that explain the current negative momentum? What should the next report show that would give me comfort to hang in there?

Thanks, Lionel

Q: What differences do you see between ENB & TRP for total return over the next 5 yrs?

Thank you.

Mike

Q: From a valuation, balance sheet and yield perspective how would you compare Cogeco to listings in the Balanced portfolio? Or do you believe the Telecoms face too many headwinds compared to the BP.

Thank you.

Mike

Q: Is there any reason for such extreme CEO salaries?

https://www.castanetkamloops.net/news/Business/490502/CEOs_got_hefty_pay_raises_in_2023_widening_the_gap_with_the_workers_they_oversee?utm_source=Email&utm_medium=Email&utm_campaign=Email&utm_source=Castanet+Kamloops&utm_campaign=91a4d199dc-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_993a54d267-91a4d199dc-96670869&mc_cid=91a4d199dc&mc_eid=0705280f3b

Articles like this I find disgusting. All they do is create a wider divide between the haves & have nots.

Anyway... a simple question. Are there companies out there that pride themselves on not just being profitable and providing a reasonable return to their shareholders but don't pay such extreme wages to their management. I don't buy the argument that you have to pay these prices to get the best CEO's. I'm sure there are CEO's that also have some morals and aren't all about the $$$

Q: Hi group in view of upcoming mortgage renewals over the next 2 yrs. Do you see an increase in chip reverse mortgages which in turn should fuel growth in EQB " any idea how much of their business is in reverse mortgage's. In addition apparently lots of people cancelling or restructuring their house insurance what you thoughts and does an entry point make sense in IFC .

Also is JPM the way to play us banks or do you see something different What's your thought's on Financials overall going fwd. I am very light in the sector (1%) so can you make some recommendations

thanks for your help with this

.

Q: Do you know of any reason why the shares of Fortuna dropped so much this morning. The only news I can find relates to some Notes that are being issued and some other Notes being retired.Thanks

Q: You have often noted your preference for investing in stocks exhibiting positive momentum. Do you promote this strategy to obtain the best price for the stock - i.e. not buying a failing knife or to ensure that the stock being purchased has a solid following with other investors and therefore a "good future"? I reference CELH and VRT in this question in order to determine the best way to purchase these stocks as both have been declining significantly for a short time ( although I think any volatile stock could be used). There is no question in mind that I want to buy both. Normally, I would wait to see their prices turn north before buying but both have shown in the past that a 10% - 20% one-day rise is not impossible. So is a partial buy-in called for here and risk missing in on a one-day big jump? Or is it best to see positive momentum first in case the stock isn't coming back?

Appreciate your insight.

Paul F.

Q: OTEX is closing in on my technical buy area. I've read previous Q&A and I realize there is currently negative price action, which doesn't really bother me as a long term buy and hold - unless you see red flags. Just want to make sure about a few things.

Does present cashflow make the debt levels manageable ? How about compared to debt-laden sectors such as utilities and telcos - say, during "tough times".

Is payout ratio really 161% ?

What is your confidence level in management ?

Q: On June the 3rd there was an answer to a question about using RSI and MACD saying these were 2 things that would give you a lot of information if the stock was worth buying. On my iTrade account CLS stock, the RSI on May 30th tells me that I may see higher prices and the price is recovering.

The MACD tells me the volume, closing price, the pattern duration (one week) difference between short and long term bars and the EMA is bullish. Could you interpret that in easier language in case I am misinterpreting it. Incidentally, today the CLS is $72.00. What I read on Scotia, it indicated the prices would be higher over the next while.

Was this an iTrade analyst who prepared this or did it come from a third party?
Thank you once again.

Q: Retired. This question is regarding the proposed June 25/24 tax changes.

I have unrealized capital gains of $110k and my wife has $30k. We also have a house worth roughly $5-600k.

4 questions:

1. My understanding is, upon the last death of my wife or I, the proceeds of the house will pass on to our beneficiaries (our kids)....tax free. Correct?

2. My wife's $30k unrealized CG isn't large enough to warrant being proactive. Agree?

3. My $110k unrealized CG is large enough to at least look into it further. My largest unrealized CG is in WSP (even though I have trimmed it 18 times) = $32k.

I see 2 options = #1 is do nothing because the house doesn't factor in and the $110k is well below the $250k threshold. #2 = sell some or all of WSP, then buy it all back the next day.

Any thoughts, knowing you can't provide personal advice?

4. Just to confirm, because WSP would be sold for a capital gain, there is no need to wait 30 days to rebuy....agree?

Thanks...Steve

Q: I'm interested in Alstrom, which isn't listed here. On NBDI it's listed and described as "unsponsored ADR each repr 0.10 ord"

What does this mean? Bid and ask prices are listed.as "NA"

Q: Hi,
Can you provide a comment on the thesis that hyperinflation is coming and gold is the best protection as recently written about by Frank Giustra?

https://www.thestar.com/business/opinion/why-the-u-s-is-heading-for-hyperinflation-and-what-will-happen-when-it-arrives/article_aecbb71c-187b-11ef-9557-874c8614cf9c.html

I was surprised by some of the statements, like gold has outperformed the S&P500 since 2001.

Thank you.
Michael

Q: please comment on recent june 3 press release re binding deals.
wasnt built into stock price or perhaps it means they will need to raise more
money to go forward? stock down 6.5% today.
thank you

Q: Hello 5!, I am considering to sell holdings in RIT:CA and buy Royal Banks shares as they seem to have a better future for growth while paying decent dividends today. Your thought, on this matter, would be appreciated. Thank you in advance

Q: I understand that TD will face a fine of some large amount, and I feel they can overcome the fine. My concern relates to TD getting a fine plus curtailment of doing acquisitions in the US for a period of time say five years. Should not a curtailment of US acquisitions be the most worrisome for investors?
Mike

Q: What do you think the odds are of a dividend cut and how much might you expect?
Thanks

Q: What does the market expect from ENGH this quarter?

Thx