Investment Q&A

Q: Ifn the event we are seeing a shift from growth to value stocks could you identify five value stocks in Canada and the US that would make good investments at this time?

Thanks for your advice.

Q: Hi - I need to sell some shares in one of these two. Which would you recommend to sell? Thanks

Q: I have some cash to deploy in RRSP and wonder if now would be a good time to go a little overweight on these banks. The prices look good to me but are they really being undervalued or is the real impact of the pandemic on banks going to be bad.

Q: BNS is the only large canadian bank in the 5i income and balance portfolio, if you need to buy a bank now (long term holding) , would still buy BNS ? or would prefer another canadian bank at this point in time. If so why ?.

Q: Firstly, thank you for your outstanding guidance.
The first 3 stocks haven’t bounced back yet and are still quite a bit down. My question is -would it be better to try and recover $ in the Growth stocks listed below the 3 or reinvest with A&W, BMO, PRU and wait it out for another year.
I have positions in the growth stocks that could be deeper in BNS, Telus, Enbridge, TCP, Kinaxis, Qualcomm. And if you suggest that the growth stocks make more sense to recoup money faster, could you rank these from strongest to weakest-(Potential for growth). Thank you.
Bruce

Q: Hello. I have about $75,000 to invest in my tfsa. Please give me your top 10 recommendations Canadian or US.

Thanks, Mike

Q: In this low interest rate environment would you put money into banks or insurance companies?

Q: I serendipitously sold my BNS before the pandemic and have been slowly buying it back as it remains low compared to historical levels. I intend to go a little overweight as the dividend and value in the stock seems to me to be quite attractive, if you consider this a long term hold. If I retire in 10 years, this seems to me to be a great purchase now and that I will look back at myself thankfully for making this purchase now.

Do I need to be looking at this differently? I know there BNS faces risk in Central America but it otherwise seems like a good buy now.

Robert

Q: Hi 5i
Inside my RRSP I have CBO, and I like to sell and buy JPM and BNS, is this good move at this point in time.
Thanks

Q: I know Chartwell is and will be under scrutiny under the current context. I fell in love with the drip and the monthly high dividends not so much the stock.

What would be your 2-3 suggestion to replace it with? Considering I want a high monthly div that a can drip without investing 100k in!

Thanks

Q: As you can see by my holdings in my TFSA ,I have been following your advice. I am way up on KXS and am letting it run. Down on BNS, GUD, SIS and SLF. I have full position to add. I am looking at either REAL, LSPD , WELL or XIT.
Would you add to BNS or SLF or add one of the ones I am looking at? Long term view 20 years.
Thanks, Paul

Q: Hi 5i team,
I’ve recently sold some of my SHOP position in a taxable account (the share price has risen ~15-fold since purchase about 2-1/2 years ago, and even after this partial disposition, SHOP remains my biggest overall position—thank you for this excellent recommendation!). Now, I want to reduce the tax hit, and so I am planning to sell positions in BMO, BNS, and SU, with aim to rebuy after 31 days (to avoid superficial loss), as these 3 securities are core holdings in my portfolio. In general, when I do tax loss selling, I try to maintain an economic position in the types of companies I am selling, because I’m always anxious the shares will rise during the 30-day waiting period (indeed, frustrating increases in stock prices during the 30-day waiting period seem to happen quite often, at least in my experience). So, my question is: Can you recommend a security (or securities) to maintain economic exposure to BMO/BNS, as well as to SU, for the 30-day waiting period? (For perspective, I’m planning to sell ~$185,000 worth of BMO/BNS, as well as ~$72,000 worth of SU; when I rebuy BMO/BNS/SU, I would then sell the temporary holdings I bought to maintain the economic position.). Would you buy a Canadian bank ETF and Canadian oil sector ETF, to maintain these economic positions (and please recommend some appropriate securities), or rather other individual Canadian banks or individual oil companies (and please recommend some appropriate securities)? Also interested in your philosophical thoughts about how to handle the situation of tax loss selling, which arises every so often, especially now during pandemic, when there is wide variety of individual security performance (some big winners, but also some high-quality stocks that are—hopefully temporarily—depressed in price) as well as higher-than-usual volatility.
Ted

Q: Asking for a retiree in their early 70s -- Need some Canadian Dividend stocks mainly for income. If you an provide 3 that is safe that'll be great!

Q: Hello Peter,
Here is my list of stox that I chose from 5i Model portfolios and purchased back on March 6 & 9, 2020, with the exception of HMMJ that did not cut the mustard for you to put it in a portfolio. FYI, I was not stoned at the time I placed the order!
These stox are 25% of my portfolio in my TFSA account. Currently, I have another 25% sitting in cash in my wife's TFSA account. The other 50% is in ETF's with CIBC. My goal is to proceed with caution and get all the investments into Questrade.
A little background info for you. I am a retired, cranky, 66 year olde white hair. No debt, live within our means and 3 grandsons that come to our home to visit. We prefer the way that 5i and Keystone go about their business with your buy and hold quality philosophy. Your results over time have been stellar. My question is about tweaking the holdings I have. What are keepers? Which ones can be sold to improve the portfolio? I would like to have this done in September? Sell in May/June and go away?
Thank you for what you do.

Q: Hi,
BNS stock price dropped by almost 1.5% today while the other 5 major banks were up. Are you aware of anything that may have led to the decline? Thanks.
Keith

Q: Sir, I find myself down 25-60 % in ALL of the above companies. In keeping with your BUY MORE, HOLD, SELL SOME or all, I would appreciate your thoughts on the above companies. I have some capital gains to off set so all is not lost- yet. Thanks- JP

Q: What are your thoughts on selling these two bank stocks I am about 25% down on both going on three years , thinking of buying Td or Ry.
Larry

Q: My income portfolio consisting of the above equities has taken quite a beating in the recent market downturn. Except for LB, there has been some recovery in prices, and so far dividends have been maintained. I have some excess cash to deploy, and would like your advice on whether to double down on some on my current investments, or your suggestions for other beaten down income investments. Thank you.

Q: Hello -
Over the first decade this century emerging markets seemed to do relatively well. Over the last 10 years or so, it appears that relative performance has been much better in the U.S.

Do you believe Emerging Markets represent good value compared to the U.S.? For instance, VWO has a PE ratio of 13, ERUS is about 7, whereas I think the U.S. is somewhere around 18 - you can correct me if I'm wrong. How much affect does a strong USD play in this recent past 10-year performance? Assuming we see a weakening USD, would that be the trigger point for the two mentioned ETF's to outperform the U.S. indices? Obviously stronger oil prices would also likely help ERUS.

What affect would this also have on BNS with it's exposure to Latin America? It's been the weak sister among the big Canadian banks. Would a weaker USD then give the BNS stock price a boost as a result?

Q: What is your best guess as to the likelihood of a dividend cut by any of the above listed companies? Thanks.