Investment Q&A

Q: Hi, With addition of CNQ to Income portfolio, Energy Sector exposure will go up to 12.5% (ENB, PSI, PKI, CNQ and CPD). Balanced Portfolio currently has 7.6% in Energy ( ENB-3.6%, SU-4%). If you had cash, would you increase Energy weight to at least 10%+, Today and if so, will CNQ be your preferred name ?

Also, based on the Companies' financial strength and market dynamics of Energy sector, would you consider a combined weight of 15% ( CNQ, SU and ENB ) reasonable or excessive for a Moderate to High Risk profile investor ?

Thank You

Q: I'm interested in an energy name that I can hold for a minimum of 5 years with good dividends and reliable long term growth? I'm torn between an ETF with less volatility like XEG and an individual stock like CNQ with its higher growth? What do you suggest? Should I wait for a better season?

Q: It seems that the telco sector will faced with challenges for the foreseeable future with price pressures on fees (I see it on my own bills) and likely not being able to recover for quite sometime. It was easier to sell the position on the non registered account and take advantage of the tax loss. I have kept my positions in the registered accounts for the dividend but am now wondering if perhaps a sell would be make sense and what to replace them with. Any ideas with some dividend and a little bit of growth?
Much appreciated.

Q: Hi folks
I am thinking of selling TRP and ENB and replacing them with CNQ in my TFSA.
May I have your opinion on the switch. Just looking for a little more growth.
Thanks,

Q: What would be your top 5 picks for Cdn dividend paying companies that have a safe and growing dividend? No financials please. Thank you.

Q: What do you think of Fru and its future ?Is it a buy, hold or sell?
I have a small account in a non registered account income and i am thinking to add more (for income ) .Or you suggest to sell and buy something else ? Thanks !

Q: Hello Peter and team

To complement my all ETFs portfolio : VEQT 40%, QQQ 10%, VGT 10%, MOAT 10%, I intend to add 6 of the above 7 stocks for 5% each.
Does it make sense, please feel free to substitute and suggest other stocks and explain why.
This is for a 10 years hold with minimum or no trading in this account.
Thank you
Raouf

Q: hello 5i:
From both a valuation pov, and knowing these are some of your favourites, and factoring in that TOU is already owned: if looking for an "oilier" name, it appears SU has the best valuation. Not confining your reply to the listed names, would you agree with this assessment?
thanks
Paul L

Q: What are your thoughts about this company?

Q: If you had to guess, what Canadian company do you think Warren Buffet is considering? What would be your top few picks in a guess? Thanks,

Jason

Q: Which 3 Canada Energy stocks (besides SU and ENB) do you currently favour for a 5-10+ year hold?

Please feel free to suggest a company not present in the stock list.

Q: Does CNQ or IMO benefit from the increased capacity of the Trans Mt Pipeline ? If yes or no pls elaborate why for each. Are there any other beneficairies coming to light now that the start is near ? Thank you.

Q: Hi gang,
Looking into buying energy stocks. Can you please recommend 3 oil stocks, 3 gas stocks and 3 mix oil and gas 50/50.
Thanks. Alnoor

Q: A lot of market commentators are observing that there is potentially a correction ahead. Ordinarily I would follow your long standing thought to not try to time the market and I would simply stay the course. But one income oriented account I am concerned with has a priority of capital preservation. These 7 named stocks make up about 1/2 of the holdings. Can you please provide your quick assessment whether they are reasonably safe in the event of a downturn. If not and they are more exposed to a decline, would trimming be sufficient or are there some other names to migrate to protect the account assets?

Many thanks for your excellent service

Q: Hi Folks,
Finally breaking even with Enbridge. Thinking about selling my position and buying CNQ. This would be in a non registered account. May I have your opinion ?
Thanks

Q: Hi Guy,

Just wanted to get your thought on Eric Nutall's take on the oil market on BNN yesterday.

He believed that more specialized companies (top picks were BTE, CPG, PD) were more promising than generalized companies like CNQ and ENB.

I value your opinion and would be happy to spend more points for a more detailed answer., especially on CNQ and CVE.

Q: HELLO PETER AND COLLEAGUES,

Five years ago I was willed a (small) number of shares in Suncor, which seems to have gone through some ups and downs the last few years (more downs than ups when it comes to CEO's replacements and other issues...) but seems to have stabilized somehow lately. Notwithstanding, do you consider CNQ a better run corp with a better chance of success, and should I, for the intermediate time when owning shares in an old fashion energy business still makes some sense, switch my SU position to an equivalent CNQ one? Thank you.

Q: I was thinking about rounding out my materials sector for income and was disappointed about the special dividend offered compared to last year. Are they shorter on free cash this year?
Also where do you see natural gas prices going in 2024 as this of course will be tied to their profits and hence share price?
Do you have any other suggestions with a decent dividend other then AEM and LIF?
Thanks
Jeff

Q: I know it's not exactly apples to apples, but would you view a swap from AQN to CNQ is a likely net positive 1/5/10 years out? This is for the 'stable' part of my portfolio - some growth but dividends and overall steadiness. Could also consider ENB or FTS (already own BIP). . Thanks in advance. - Jeff

Q: I’m trying to form a kind of hybrid of the Hodson and the Buffet approach to investing. Hodson: balanced portfolio. Buffet: a few excellent companies. So I would form a fairly balanced portfolio but be overweight considerably in a few.

Buffet says you are buying a piece of a business; you are not buying a stock. He and Munger don’t care about the stock market. They both say you don’t need very many stocks, no more than 5 or 6. They also say their approach is not for the average person, who usually doesn’t know how to value a business and should just stick to EFFs. Their approach is for someone who knows how to analyze and value a business. Peter Hodson and 5i do know how to analyze and value a business. (And in answers to questions 5i has also said several times that the way to build wealth is to own a small concentrated portfolio.)

On the other hand, 5i is all about building and rebalancing a diversified portfolio, covering all, or almost all, sectors. This approach is more concentrated than an ETF, but not as concentrated as a Buffet/Munger small set of quality companies. I don’t know anything about Sees Candy, Geiko, or Coke. But they certainly do.

If Buffet/Munger were looking only at Canadian companies, which few would they want to own? Any size, any sector. Just outstanding businesses.