Investment Q&A

Q: Reference to Hussein question about cashing in a defined benefits pension plan. I did exactly that as interests rates are very low yielding a very high payout. The payout depending on your age will have a cash portion which will be taxed at your marginal rate. The tax sheltered portion can go to a LIRA or a Life Income Fund, which is what I did. All I have to earn in return from the funds left over after paying the tax on the cash is 5.5% to equal what my pension would have been. I am getting that with Canadian dividends companies. Also remember that you will have money to give to your heirs once you go but with a pension plan all bets are off. A good source of pension info is "The Pension Puzzle" which is written for Canadians by Canadians. Moshe Milvesky has written some good books on pensions so check them out especially the ones written for Canadians.

Q: Hi Peter,
can I please have your thoughts on ATS Automation (ATA)? Thanks. I own some and may consider selling, it's had a good run, what do you think?

Q: what is the difference between bbd.pr.c and bbd.pr.d and can a company recall its share at the market price as opposed to the issue price?

Q: Good Morning,
I have had Valeant Pharma (VRX) for some time now and see it is starting to drop again. What are your thoughts of this company and would you still consider it a buy?
Thank you for all your assistance.

Q: PBH / NCIB

All they have done is reissue the NICB that recently expired.
I found this towards to bottom of the NR.

"The Corporation has in place a Normal Course Issuer Bid respecting each of the above-named securities, which was filed with The Toronto Stock Exchange on August 13, 2012 and which expired on August 14, 2013. The Corporation purchased $810,000 7% Convertible Debentures under and pursuant to the terms of such Normal Course Issuer Bid. No purchases of any other of the above-named securities have been made by the Corporation pursuant to such Normal Course Issuer Bid."

As you correctly pointed out Announcing an NCIB and executing it are two different things.

Q: I own 800 shares of Mid.un in my son's RDSP plan. I also hold 800 Mid.un warrants which may be exercised commencing January 1,2014. I would like to know whether I can sell these 800 shares on open market use proceeds to buy another stock and still have the right to exercise warrants in January 2014 at $9.88 per trust unit. Thank-you
Best Regards
Harold

Q: Hi Peter:
In my RRSP, I still have alot of Bonds in a bond fund and a short term bond (MD stable bond); will it make sense if I switch part of it to a laddered prefer shares ETF or a prefer ETF like CPD; thanks for your help!

Q: I have TRP in my TFSA but it has gone nowhere. I want to sell it and buy either BNE or WCP for their higher dividend and growth. Can you comment on the trade, and tell me if WCP or BNE have drips.

Q: Hello 5i Team. I am thinking at purchasing KKR and GS and would appreciate your opinion on these two US stocks.

Q: Hi 5i I have a 1.8% weighting in Aston Hill, I'm down approx.
10% I'm thinking of bringing the weighting up to 3%. I usually buy my stocks in 3 purchases until I have a 5% percent weighting
if the stock justifies it. What are your thoughts onAston Hill
Thx Gerry

Q: AXX announced agreement to sell its interest in Open Net. Do you see this as a positive development such that company can start dividend or distribute proceeds to shareholders. Is the stock a buy. Thank-you
Best Regards
Harold

Q: With the recent aquisitions from Empire Theatres and last year with AMC Cinemas, Cineplex (TSX: CGX) has become the only player in some major markets in Canada coast-to-coast and has made them a de-facto monopoly.

Given Cineplex's market position, is there any real risk in being flagged by the Competition Bureau?

Q: Question that has intrigued me. When a guest appears on BNN's Market Call, do you need to tell them in advance what your top picks will be? If so, by how much?

Been appreciating your service from Day 1!

Q: I am planing to go away for few weeks and do hold some stocks which might be not worth to leave unchecked for a while.Which one i should Hold?.MB-T,PNE-T,SUM-T,TIO-T,WFT-T?.I have lost a lot before i subscribed to 5iRESEARCH and scared,so i don't want to repeat.THANKS.

Q: There seems to be a general consensus on business TV that the Cdn. dollar will fall relative to the US dollar. Can you explain why they feel this way with commodities starting to pick up?

Q: In the next 2 months is there likely to be a significant
downside in the market in all or particular sectors, that a largish cash position is a good thing to consider?

Q: I'm thinking of buying some par.un for yield,I know you are not to keen on this REIT,but I see it is going to buy back some of its units,does this make it a little more attractive.

Q: what rating limits put stock in the BUY category? A to C, B- ?

Q: As a fairly new investor (5 yrs) I haven't experienced a increase in interest rates and the effects on the equity markets. I hold a well diversified portfolio but I do have some power producers (ATP.to, TA.to, INE.to) I have read and heard the increased interest rates are detrimental to this sector. Do you have any suggestions on how to position a portfolio for the increase and would you sell any of these power producers? (I am not underwater on any of these stocks)

Q: nbd has .51 share expected for next quarter do you figure they will meet or exceed this & what do you see happening to osb prices for the remainder of the year