Investment Q&A

Q: could i please have your thoughts on this c-hedged u.s. momentum fund.

thanks, david

Q: I am a senior with RRIFs and TFSAs. I am not currently living off these but could in the future. I read questions in this space about income producing products such as XHY. These look good but, frankly, I have a great deal of difficulty investing in a product with a total return of just 21.08% over the past five years, or just 4.2% average per year, when I can invest in XST (Canadian Consumer Staples) with a return over the same five year period of 168.8%. Yes, XHY has a great yield but almost no capital gain. And yes, XHY is less volatile but am I wrong, at my age, to be more interested in total return than just yield? I am not afraid of some volatility and am not a believer in the old outdated dictum of holding bonds in proportion to your age. And the total of my investable assets could not produce adequate income if I relied on yield. The standard deviation of the Consumer Staples ETF is still quite low at 0.35 to 1.2 and it has been by far, the best performing Canadian sector of the past 14 years. No, I don't currently own either of these products but may in the near future.

Q: Just heard sec com. is investigating financials, coupled with a short sellers report.
Can you elaborate.
Thanks

Q: Hi team, question is on Stornoway diamond. Just got in around 1$ thinking that once the mine is complete, this thing becomes a takeover candidate. Am I right and could you provide your view of the company?

Q: I have a Scotia rrsp tirade account. I am looking to purchase some US stocks in this account. What are the advantages and disadvantages of purchasing these stocks with Canadian vs US dollars. At present my account only allows Canadian dollar purchase, I would have to open a US dollar account at $30/quarter.

Q: I would appreciate your comments as to whether GCL might be a good speculative investment.

Thanks!

Q: CJR.B vs DHX.....which would you prefer? thanks, Austin

Q: Further to my question on PayPal, do you think this stock has momentum or can you suggest a few that do for a diversified portfolio? I am OK with moderate risk.

Q: If you read the advice from the likes of Benjamin Graham and Warren Buffet you're buying a piece of a company, not a stock, and should feel confident in that company. I read your report on WSP Global, but nowhere in it is the basic question: Is this company any good at what it does? A report in the Ottawa Citizen today seems to show a startling lack of competence at WSP Global. http://ottawacitizen.com/news/local-news/reevely-failed-hazeldean-bridges-design-flawed-from-the-start-newly-released-report-says

Q: Hello,

I was wondering if you can list top 10 stocks that you would purchase today from each of the 3 portfolios for a 2-3 years hold and if possible the type of account to hold them.

Thank you
Marios

Q: This is in regard to all the posts about the new "Bail-In" laws for Canadian Banks.

A little off track, but a very interesting story of how Iceland dealt with the 2008 financial crisis.
Do a search on Youtube for: "Iceland's President Ólafur Ragnar Grímsson Radio Interview". It's about 27 minutes long and starts off slow, but he eventually goes into heavy detail of what happened, what steps were taken, and the reaction of the West when he allowed the private banks to fail. He and the Citizens went through a very hard time, but were the first to come out of the crisis and lead the way in growth.

Paul

Q: Could you please comment on annual report of wilan,tried to read but to hard for me to understand,stock price took big hit I am guessing on the news,thanks as always,jb

Q: Hi Peter and Team,

In today's answer to Norman, you listed your favourite REITs: HR.UN, CSH.UN, CAR.UN, REF.UN, CRR.UN and INN.UN.

I'm curious why InterRent (IIP.UN) wasn't in the list. Is it perhaps because of the lower yield and its smaller size? It does appear to have good growth, though.

Thanks as always for the valuable advice.

Q: I sold out my teck at $5.50 on your concerns that Teck may be a binary trade, either up or down. It looked more like down at that time. But, I have been stewing abit about Teck recently. It is the one stock that i have lost a lot of money on. And I always want to get it back.

The debt has been the concern with Teck, of course. But, i recently read a respected newsletter writer who noted that because of its cost cutting and strong reserves it was already beginning to enjoy its turnaround.

Now, the big question, as I say is debt. He notes that Teck ran debt of 1.5 times its currently depressed market cap. But, this debt doesn't come due until 2017. And the first tranche is $600 US million. They say, also, that Teck has 3.0 billion US of untapped credit available to them until 2020.

Now, i don't want to play one against another here. I think I made a good move when I sold out. But, now I am wondering whether, because of the dates of the debt due, I might have a little more time to watch this stock and take action a little later on. That is if it goes down again, I may buy back in. I'd appreciate your thoughts on these remuninations
thanks

Q: Regarding your previous answer to someone regarding holding US dollars in TFSA. I have been thinking of selling US options in the TSFA, in order to get tax free US dollars. I have done very well in CSU and need to trim it back and have been thinking that I would try selling US options on the returns. Do you see any probelems with that strategy?
thanks

Q: Peter - What are your thoughts on this company. They are small but growing with a plan to open 3-8 pods over the next year. They have $24 million in cash and appear to have a ceo and cfo who are very well educated and trained in the area of addition rehabilitation. I am already up quite a bit on this stock. What are you thoughts.

Q: Hi Team,

I have very little bond exposure and would like your opinion on these two ETFs, XHY and ZHY as part of a balanced portfolio? Would you consider these to be a lower risk than an equivalent ETF holding High yield dividend paying stocks?

Thanks

Peter

Q: Good morning,

Can you provide an updated investment opinion on this company.
It appears to be set up for some decent growth in the next few years.
In your opinion is it worth taking a small speculative position at this time.

Thanks
Tom

Q: We would like to set up a RESP for our new granddaughter. If we spread the contributions over 15 years, the CESG is maximized. What would you suggest for annual investments if we followed this approach? Or do you think a lump sum RESP investment now would produce better returns, even if it means forgoing the CESG? Thanks!

Q: Morning Peter & team,
Looking at I5 Income on CPD now down a lot still with 5% yield, it seems a fairly good holding for my TSFA.
Your idea is very appreciated.
Tak