skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

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

Q: I'm looking to free up some cash and among other things own the 5 big banks. They comprise 20.5% of my total portfolio, as follows: BMO 6%, RY 4.4%, BNS 3.7%, CM 3.3% and TD 3.1%. Should I focus on reducing my BMO exposure?
Read Answer Asked by Chris on July 07, 2017
Q: I am a 46 y/o retired investor living on dividend income. I notice that your BE portfolio has a 3.5% holding of Telus (4.40% yield) and your Income portfolio has a 5.37% holding of BCE (4.92% yield).
While Telus currently has a lower current yield, it has a higher Dividend Growth Rate (DGR).
As a younger income investor, should my telecom holdings be more weighted to Telus over BCE as the Yield on Cost (YOC) should be higher for Telus in a few years because of its higher DGR?
Do you think that Telus has more company growth and therefore more stock price appreciation than BCE in the next 3-5 years?
Read Answer Asked by Curtis on July 07, 2017
Q: Could you comment on the suspension of the license at the Guatemala mine? I listened to part of the conference call. The basis for the suspension seems weak, but you never know what the real politics are. There was not too much more info than in the press release, but to summarize:
- balance sheet is strong at approx. $165 Mm
- $150 MM line of credit is being re-worked to provide flexibility in the short term
- other to projects in development (Bell Creek, Shahuindo) will continue without interruption
- current month's dividend will be paid; dividends are a board decision, so management could not comment on future months
I have a 1% position at $10.80. Would you buy a bit more if the share price plummets on open?
Read Answer Asked by David on July 06, 2017
Q: My daughter has these 4 ETFs in equal weighting in her TFSA. Do you think she needs more diversification? Would you add something else with future contributions or just add to her positions when opportunity arises? Thanks for providing your great service.
Read Answer Asked by Rudy on July 06, 2017
Q: An observation/rant regarding TFSA accounts.

It appears per the media that the good ol' gov't lied to us CDN.'s about what we could do within a TFSA account or at least set people up so they could get their taxes from people's TFSA (TAX FREE Savings Account) in the future (starting now).

As I understand, the gov't said stock(s) could be bought & owned within a TFSA. But the gov't never said there was a minimum time period that any specific stock had to be held and owned for. So the smart ones who know how to trade during shorter time frames, or put lots of the their TFSA into say, SHOP-tsx, CSU-tsx, KXS-tsx... have grown their TFSA to as much as $1 million dollars and a few have even grown theirs beyond that per the media.

It appears the gov't wants its cut now.

As a long time (decades) investor and trader I take objection to the media and financial world's BS around the issue that "Investing" is holding for a longer time and "Trading" is "Gambling" when done in shorter time frames.

I have always seen Trading and Investing as the same thing. That being, speculating that the stock's price will be higher in the future, (setting aside Shorting) be it, 5 minutes, 5 years or 5 decades. It is an unknown and some may say either is pure speculation or gambling. Both are trading over different time frame periods. That is the only difference. Period.

Technicals and Fundamentals are both used to project (speculate) about the future.

To use a real but just singular & extreme example, of the original big companies from the original DOW only GE remains. So if anyone bought the original DOW (or if there had been a DOW ETF) and "Invested" by holding they would now be on welfare as they would be broke. So Investing is not any better than Trading (knowledge is required to succeed in either).

5iResearch also trades regularly, as do investors like Warren Buffet.

So I wish our gov't, the media and financial industry would stop playing games with us so regular people can make some $$$ so as to support themselves, spend $$ on goods, start businesses to give people employment, ...

Lastly, if those with a TFSA of say $100k, $500k or $1 million have not removed any $$$ from the TFSA are they not SAVING it in a TFSA (Tax Free SAVINGS Account)?

Have a great day!
Read Answer Asked by Stan (1) on July 06, 2017
Q: I have held HR.UN for a few years and have not really like this stock but kept it as you often said it was a good REIT stock.I would be generating a small capital loss if I sell HR.UN but wonder if buying CSH.UN is a better option in the long term. I own no other REIT stock.

Thanks
Read Answer Asked on July 06, 2017
Q: The article you shared about the Canadian banks was an interesting read. I'm curious if you would buy any of the banks today, and if so which one and why? Its interesting to hear your thought process around whether you would go for the higher dividend payer that is more undervalued but limited short term growth, or the more US exposed fair valued, or international fair valued, or other reasons.
Read Answer Asked by Adam on July 06, 2017
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!