Investment Q&A

Q: Hi Peter

I understand that portfolio choices are personal. For an income investor, what would you recommend as a relatively safe percentage of covered call ETFs to hold? I currently have 20% in diversified covered call ETFs. Is it too much?

Thanks

Q: You put forward these two stocks as good growth options but I note the reco was when these stocks were 25/50% lower price than current. Is XBC still a buy at $8+ and LSPD at $87+ given the run up over 2020?

Q: The price has recently come down to about $24.50 US ? Reason for this? Has your outlook changed and is it currently a buy, hold or sell for you? If you suggest a buy, would now be good or would you wait for a better price?
Thank you

Q: Peter and His Wonder Team
Koss has a float of 7 million shares. Today it has spiked 115% and is approaching volume of 15 million shares. Obviously something of great importance has happened. What do you think? Thanks for clarifying this for me because I see nothing on the wire!

Q: CRM has been trending lower. Is this a buy at this level or does it have more short term downside? Looking to buy for a 1-2 year trade.

Q: A comment. The problem with dividends in a taxable account is that, depending on your other retirement income, the grossed up amount added to your taxable income can cause you to lose your oas. Maybe not an issue if your income is that high but still, something to think about. My rif has a lot of dividend stocks and enough growth stocks that I can make my annual rif payment in cash, generated by dividends, and a transfer in kind of growth securities with no dividend. I also deferred my oas to 70. Also, I believe capital losses are applied to net income so do not help reduce your income for oas eligibility.

Q: Think you missed this dividend increase:
LANGLEY, BC, Nov. 9, 2020

TRADING SYMBOL: Toronto Stock Exchange - HDI

Achieves record profit and profit per share of $10.5 million and $0.49 respectively

Increases Quarterly Dividend by 17.6% to $0.10 per Share

LANGLEY, BC , Nov. 9, 2020 /CNW/ - Hardwoods Distribution Inc. ("HDI" or the "Company") (TSX: HDI)

Q: WHEN DO THEY EXPECT TO BE PROFITABLE

Q: Purchased Denison Mines about 10 years ago @ $3.62 and have been hopefully awaiting the return of uranium prices since. The stock price was up about 12% today to $.91 after being into the low teens earlier this year.
Would you take the money and invest in something with more potential or
continue to wait for further positive moves in uranium?
My financial consultant suggested the purchase of BMO Auto-Callable
Notes for my RIFF and after a brief review I ok'd the purchase. Subsequently I read an article totally against such an investment. Definitely to late to cancel without substantial costs. However, what are your thoughts on this particular type of investment ( possibly your answer would be of interest to my fellow subscribers)! I should add that I am in my early 80's and have requested minimum risk investment for my riff.

Q: Hello 5i. I noticed that GUD is in your balanced portfolio. The share price hasn't seen any upside in the last 4-5 years. What is so attractive about this company and what reasons would you give to invest in it now?

Q: Both these are connected to Marathon Oil. Mplx pays about 12% dividends while Mplxp pays none.
Could you explain what these companies do?
Happy New Year.
Steve

Q: No rush to answer. Retired, dividend-income investor. I am a position "light" in the Communications sector. I already have a full position in BCE....looking to add one of Telus, Shaw, Cogeco, Rogers or another name you might suggest.

When I look at the various metrics (P/E, P/BV, P/CF, P/S, ROE) I filtered out Telus, leaving SJR and CCA and RCI. Reading past questions, some quite dated, I am wondering if time has changed your opinions on these three.

Shaw has a nice (5.4%) but slow-growing dividend. ROE 10%. It's chart looks good from a value point of view, but is it a value trap? Very poor momentum.

Cogeco has a lower (2.6%) but faster growing dividend. ROE 16%. It's chart shows better momentum. I also wonder whether a new takeover offer might be in the future?

Rogers is just ok across the board.

I'm leaning towards Cogeco, but wanted your advice first. What odds would you place on a take-over happening? Please rank all three in order of your preference to buy.

Thanks...Steve

Rogers

Q: Greetings All:
The only tech name I own is MSFT, and I should have added to this sector long ago. Would you please do a comparison between apple and facebook including the following metrics: Expected growth,volatility,fundamentals including strength of the balance sheet, cash on hand. Finally, your recommendation or perhaps other more favourable companies.
Thanks,
Ben.

Q: Dear 5i,

can you please suggest some Canadian listed home health care stocks that one can further research for potential purchase.

thanks for the great service this year!

Q: Could you tell me if because of these two mergers, were the original shares, ie, AD and POW sold to purchase units/shares in the new trust/company and thereby realizing a capital gain or loss? I cant seem to find this information from the DIY broker.
Thanks
Merry Xmas

Q: what are the terms of these warrants? exercize price; maturity, etc. Thanks

Q: I have a small position in WN as a result of the spinout from L and WN hasn't really amounted to much. I'm thinking of selling and putting the proceeds into L. Any issues with that?
Thanks,

Q: Will I get the dividend if I sell my position on Dec 30, the ex dividend date?
Thanks

Q: What do you think of Gilead Science going forward ? It's really down in the dumps. Div. is decent at 4.8 % . Is it sustainable ? It's got an ugly chart. Forward P/E is 8.4 = good ? Is it worth getting in ? Thanks.

Q: Hi, thanks for the work that you do for the average Joe.

I am about 8-10 years from retirement. Earlier this year, when good Cdn blue-chip dividend payers were "on sale", I started creating an income portfolio in my non-registered account. The idea is that these stocks would form the basis of my income in my retirement as I don't have a DB pension.

I am currently in the highest tax bracket so will pay significant taxes on the dividends that I receive until I retire, in 8-10 years.

I also have funds in my TFSA where I focus more on Growth.

Am I too young to start creating a dividend account when I'll be paying significant taxes? Should I instead focus on Growth stocks now, and convert those to dividend paying stocks when I retire?

Or does it really matter that much?

This is a non-urgent question and can wait until the NY.

Thanks
Robert