Investment Q&A

Q: Good Morning

Would you know if owning shares of BAM.A requires CRA filing of form 1135 when held in a non registered account. I can't seem to tell if this is a company that reports to the IRS or not. I know that BAM.A trades on Toronto, and BAM trades on New York and that the home office is in Toronto.

Q: In response to one of the previous comments about Teletubbies freaking him out. I lived in the UK at the height of the Teletubbies mania and my kids and all their little friends could n't get enough of the show.
It was incredible how it had such an impact both with kids and even the parents. That's why I think DHX is onto a real winner particularly their exposure to China. Wait until the M & L really kicks in.

Q: Could you comment on the investigation happening with HSBC and should I be selling at this time, thanks.

Q: Peter, here’s a challenge of sorts for you; I hope you can help. We are about 5 years from retirement. Our RRSPs and TFSAs are topped up, so we’re starting a non-registered account for excess savings. We have no need for income from the account (though, as you’ve said, it’s a good sign when a company initiates or grows a dividend). Can you suggest around 6 or 7 ‘lowish-risk’ stocks for long-term ownership? By this, I don’t mean we’re unduly concerned about volatility or short-to-medium term losses. Rather, we’d like stocks for which you think a loss of more than, say, 25% after 5 years is highly improbable. We are already topped up on banks, energy producers and REITs, but are probably a bit light on IT, Industrials and consumer stocks, amongst others. To add to your challenge, we already have fairly full positions in FSZ, SJ, WPK, ESL and DHX, all of which have done well for us, thanks to you! (ENB, DSG and BIN seem like possible candidates? But we’ll leave the advice to you.) Thanks for the TRULY excellent service and the unbiased guidance you are providing to us smaller individual investors. James

Q: This stock continues to get hammered and still hasn't cut its ultra high dividend.Even when oil makes a bit of a uptick it still goes south is this stock that at one time had promise dead in the water ?

Q: Hi team,

I'm working on diversifying my portfolio with a canadian media company. I have been looking at Corus Entertainment (CJR.B). I'm a bit concerned with their relatively high P/E ratio for the sector as well as the drop in their EPS form 1.7 to 0.6 recently. I like their 5% dividend payout, but wonder if this is sustainable given their reduced profitability.

Do you think corus's profitability will improve or continue to decline? Would you consider it a good option to buy at present or would another stock such as DHX media be a better purchase (even though teletubbies freak me out).

Thanks,
Jill

Q: Hello, I have a small position in this stock. Since I purchased it, it has increased in value by 15%. I am thinking of adding more to my position. The stock has a ROE of 50%, a P/E of 3.3, trades at double its book value,has a 5.5% yield and has exceeded its profit projections on the last two quarters. On this basis, it appears to be a excellent value. My question is "am I missing something?"

thank you for your response.

Regards, Alan

Q: Hello,
I have very little fixed income in my portfolio (7% GIC's) and feel that I should probably increase this as I will be retiring in 3 years. What are your thoughts on adding ZLC, to bring my fixed income up to about 11%.
Thanks
Roy

Q: What are your thoughts on FRX : TSX as a spec play?

Q: Good Morning Peter, Ryan, and Team,
This morning it was reported on BNN that a larger competitor of Avigilon, "Axis Communications" of Sweden, was purchased by Canon of Japan. The price paid was $2.83 billion US. From a pure technological perspective Avigilon appears to have the best end to end mouse trap. How do you think this transaction will affect Avigilon going forward and do you think that AVO may end up being acquired by someone as well ??? Thank you for your wisdom and insight. DL

Q: hello, i would like to know if you have an opinion on sirius xm. thanks jim a.

Q: I own Gilead and Celgene already , and am considering Medivation or BDSI ...
Am I in a high risk sector , or is this the space where growth is most likely . Any thoughts you might have would be appreciated .

Q: Finding out whether or not investments are foreign, even if listed on the TSX, is only part of the fun.

Here's the CRA updated information for Form 1135 for 2014.
http://www.cra-arc.gc.ca/tx/nnrsdnts/cmmn/frgn/1135_rprtng-eng.html

I had thought the old form wanted adjusted cost base but now they seem to be talking highest fair market value at the end of any given month. At least it's aggregate.
I'm tempted to just go with what my monthly brokerage statement deems as foreign, and that total ( which does not always agree with what I suspected was foreign, or with where head office is!) since that is the tax paperwork that the CRA will get.

Anyway, enjoy everyone. We all know that 5i is not a tax accountant service!
Marilyn

Q: What are your thoughts on FC : TSX?

Q: Can I get your thoughts on this ETF as a 5+ yr hold as part of a diversified portfolio.

Q: As a long term holder of RIO, have been very impressed with management.
Can you offer an opinion of this combo & price being paid & future for the
combo.
Thanks

Q: There seems to be some confusion on your recent comments between these 2 similar but different cos. nwh.un is strictly in Canada while mob.un is international, with a small exposure to Canada. Could you give a separate opinion on each. Thank You

Q: I own some shares in GWO and have noticed some strength in the stock price over the last month or so. During this period there has also been some downward pressure on interest rates which is generally not helpful to the stock price of the lifecos. Can you provide any insight into this situation?

Q: is this a good time to take a position in the above?

Thanks
M

Q: May I please have your current opinion on BRE.
5i is a superb service. Thank you