Investment Q&A

Q: Everyone, what is your biggest regret about investing? Clayton

Q: Hi 5i,
I have to sell something in my RRIF to raise cash for my annual payment out, and can't decide between selling a portion of GSY or a portion of PRL or a combination of the two.
They're currently of roughly equal value in my RRIF, but only because PRL has gained far more than GSY since each was bought (PRL- 125% to GSY - 24%).
I'm not too concerned about losing the dividends either of them pay, and want to keep the one most likely to produce the most capital appreciation over the next year or two. And I'm not adverse to selling some of each to raise the required cash if that 'diversification' seems wise in the circumstances.
Any advice?
Thanks,
Peter

Q: Good morning,

I'm looking to add an asset manager on the US side. Or possibly adding to BN as well in my non registered.

With a bit of a pullback do you have a preferred company in that space at current valuation and future prospects.

With a possible buy range as well please.

Thank you!

Q: Good morning,

I hold BN in my non-registered account for my canadian side of my portfolio.

I've been looking to add to my TFSA on the US side in the same sector.

I see some of the notable ones are pulling back a hair.
From APO, BX, KKR could you please give me your pick. And if it's different than those proposed please put it forward as well.

Along with a value range to add. This will be longterm full position.

Thank you very much.

Q: Private Equity seems to be taking off and I want to protect my Tech gains. I still hold the Mag 7 but getting rid of others. Do you agree with this strategy, and can you recommend others? Thanks!

Q: Hi- I’m looking for a long term, somewhat diversified CG hold for my TFSA. What do you think of FEQT. Do you have others you prefer?
Thanks,
Guy

Q: Hi 5i!

A question for a friend looking for a new investment instead of csav and cash as interest rates are reduced.

He already have XQQ and ZSP.

1. He is looking for an etf of canadian dividends stocks, do you have a suggestion?

2. What would you propose now for lower risk tolerence?

Q: What's your preference today for better growth 3 years? Appreciated.

Q: What are your current thoughts on uranium investments?
I have CCO, which is up.
Im down 22.5% with URNM in a cash account and thinking about a tax loss sale.
If you are bullish on uranium, what do you recommend to replace it with in $US?

Q: Any new thoughts on Cargojet? Trading at a 52 week low today.

Q: Hi Team,
UNH is one that rarely seems to selloff. With my experience it’s often a good time to buy quality names when they are on sale. Does it look like UNH is at a good buy level today? Today it’s bouncing a little after many days of selling off.
Next part of the question. I would be looking at trimming a little of either Gsy or Nvda to purchase UNH if I choose to go ahead with the trade . Which would you prefer to trim today? Both Gsy and Nvda are equally overweight for me and in a non registered account with capital gains incurred if I sell. However I have enough built up tax losses at the moment to offset the sale. I hate to sell either one of Gsy or Nvda but with the weightings it makes most sense in my portfolio . Does this trade make sense to you?

Thanks,
Shane

Q: What are your thoughts on these two, what do you think of how management have handled the company in the last few years? Are these companies (overly?) reliant on interest rates?

Q: Recently you answered my question regarding US dividend WHT on Canadian domiciled ETF issues (Vanguard Canada, RBC Ishares etc) and noted that withholding taxes are owing on distributions since the Canadian ETF is simply holding the US ETF and the taxes would be levied when distributions are paid by the US ETF to the Canadian ETF.

Some follow up questions:
- I am assuming that the WHT would apply even if the Canadian ETF is held within a registered account?
- Does the WHT explain part of the difference in yield when comparing the US ETF and the Canadian ETF? For example - VIG yields 1.69% while VGG yields 1.17%. Assuming also that the higher MER on VGG also explains part of the yield difference??
- Given these factors - the WHT and higher MER - why would anyone choose the Canadian version of the same ETF. Further to this - In another question posed by Jacques - you point out that the Canadian ETF ZSP would be preferable to VFV since it holds the stocks directly and not thru the US ETF VOO....thereby avoiding WHT's for registered accounts. However - when you look at VOO - the yield is about 26 bp's higher than either VFV and ZSP....again why would you not just buy VOO.

Many thanks

Q: Hi 5i
NVO sp is currently down 21 % on negative news of clinical trials on new weight loss drug...Expected weight loss from clinical trial was 25% and drug delivered only 22.7%...
How do you view the market reaction and where do you think sp goes from here...would 5i Take any action on this news?

How would 5i expect these results to affect HIMS going forward and would 5i be interested in starting small position in HIMS...if so, at what price would you consider reasonable.
thx

Q: Just joined the 5i community. I am thinking about replacing some of the micro/small caps with some stocks in the growth portfolio. Which ones would you keep in order of preferences?

Q: What precious metals are known in the ring of fire in Ontario? And are top investments small cap or otherwise are there? Txs

Q: Good entry point for a long term position?

Q: Hello
you did mention that 50% of the earnings are from USA
if that is the case
what is a good entry point? it has been dropping
with the energy sector retreating
thanks
1-3 years outlook with Mr Trump's energy policy?
thanks
Michael

Q: I own HHL and LIFE (two separate accounts). They aren't looking too healthy lately. What are the likely reasons? Trump, cover calls, interest rates, time of year, etc?
Thank You, Merry Christmas

Q: Everybody knows about tax loss selling late in the calendar year, but I am wondering about the significance of tax GAIN selling in early January. People waiting to sell a stock until the next year in order to delay paying taxes. How much of an impact does this have on stock prices early in the year? What type of stock is more vulnerable to tax gain selling? Obviously, stocks that have large gains, but there are lots of those, and many continue to do well early in January. Do you have any thoughts on which stocks on the TSX might be likely to see share price weakness in early January due to tax gain selling? Does this type of share price weakness typically reverse itself fairly quickly?