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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Annuities? To be or not to be? As a retiree I'm pondering whether to buy an annuity at a time when the payouts are at a recent hight. I'm not sure I see any advantage over buying say ENB. The company will likely be still around in twenty years with just as much assurance as an annuity provider. I'll get a dandy, tax-advantaged dividend ( not "guaranteed", I know) and still have my capital. can you comment on annuities and whether they make sense or not? thanks. al
Read Answer Asked by alex on November 15, 2023
Q: I know you like all of the above for a TFSA - so do I - but need to raise some cash and am struggling with what to sell - is there one you would sell first? or maybe trim 2?
Thanks,
Terry

put as private but make public if you wish
Read Answer Asked by Terry on November 15, 2023
Q: David's call is for Cdn bonds to outperform in 2024 due to the necessity of BOC to cut rates due to mortgage doomsaying. What do you think and if you concur what etfs should one buy?
Read Answer Asked by Gerald on November 15, 2023
Q: Everyone, if you could read only one: magazine / newspaper / or online newsfeed what would that be (beside 5I) to get your financial perspective on the world? Clayton
Read Answer Asked by Clayton on November 15, 2023
Q: In the name of "cutting the weeds," I'm down 20% or more on the above names (LIT:US; CTS:CA; TCN:CA; TSU:CA and TMO:US.) Are there any of them that you would get rid of at this time. Or do you think that they will have more upside from this point. If you don't like one, which would you recommend to replace it. Thanks.
Read Answer Asked by Steven on November 15, 2023
Q: Good afternoon!
I would appreciate an update on your views about the residential arm of Dream. They seem to be doing well, but I was hoping you might help me spot any red flags here, or point out where I am not seeing the data correctly. My cursory review noted the following:
1) Debt to assets only 31.9%
2) Stock price at 50% NAV
3) Paid $10.5 distributions, out of $.18 FFO, which implies a payout ratio of only 58%, which seems low and I would think adds to some margin of safety for a small firm.
4) Actually are buying back stock, although minimally.
5) Dividend seems very good at almost 7%.

Thanks!
Paul
Read Answer Asked by Paul on November 15, 2023
Q: Just a thank you to 5i for all your insight and answers at such a busy time during q3 results . Great team!
Read Answer Asked by Bruce on November 15, 2023
Q: if I sell a stock in my rrsp account at a loss is there any tax benefit and if so is there a particular time of year when it should be sold
Read Answer Asked by Brian on November 15, 2023
Q: I asked a question on Brookfield Property a couple days ago...thank you for the reply...In it you said BPY files its own financials...I have looked high and low for them (obviously , in the wrong places )...would you be kind enough to post a link to where I could view them or give me the name of the website where I could find them...please and thank you
Read Answer Asked by Cam on November 14, 2023
Q: Reading through the questions and answers on a regular basis gives a good idea of a lot of the Canadian companies you favour as investments, such as CSU/LMN/TOI, GSY, SHOP, BN/BAM, SU/CNQ/TOU, WSP, TFII, SLF, ATD, BYD, TRI. I'm wondering if you have any seldom discussed Canadian stocks that you like, small cap, higher risk stocks OK. Some names that people might not be as familiar with that have some good upside potential. Companies producing good financial results that perhaps aren't fully recognized in the stock market.
Read Answer Asked by Dan on November 14, 2023
Q: This is my first year investing in a non registered account. I've invested with BMO Investorline. My question is do I trust the average cost they post for each stock? How do I verify it is correct? I can set up an excel spreadsheet but not sure how to accurately figure out the adjusted cost base. Thank you.
Read Answer Asked by Cheryl on November 14, 2023
Q: Hi team,
What do you think of Gsy’s note offering priced at 9.25%. This is a shocker rate to me. Is this why the stock is down on a great market day today ? Despite this, Mr. Mullens did add that this was already priced in their future outlook in regards to growth targets. If all their debt is going to go from 5%-9% range though this sounds concerning does it not ?

Thanks ,
Shane
Read Answer Asked by Shane on November 14, 2023