Q: I am aiming to have a portfolio with 2 solid companies in each of the 11 sectors. Do you feel SLF and X would be sufficient for allocation to the financial sector? Or would you suggest adding a bank (RY) to provide better diversification? Thanks in advance.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
- Amazon.com Inc. (AMZN)
- QUALCOMM Incorporated (QCOM)
- Sun Life Financial Inc. (SLF)
- Constellation Software Inc. (CSU)
- Kinaxis Inc. (KXS)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Atlassian Corporation (TEAM)
- JD.com Inc. (JD)
- Alteryx Inc. Class A (AYX)
- Boyd Group Services Inc. (BYD)
Q: Hello 5i, if you had to choose 10 companies out of the USA or Canada for a 5 year hold what would you choose?
There is no need for additional comments, the money isn’t needed in 5 years that’s just a timeframe that should hopefully allow for success vs the virus and recovery economically and adapting to the changed world ( going cashless, online shopping, deliveries, remote work etc) Risk is not an issue and neither is sector diversification. thank you !
There is no need for additional comments, the money isn’t needed in 5 years that’s just a timeframe that should hopefully allow for success vs the virus and recovery economically and adapting to the changed world ( going cashless, online shopping, deliveries, remote work etc) Risk is not an issue and neither is sector diversification. thank you !
Q: Assuming markets will tank again, which would you suggest be purchased for a long-term hold at that time: BAM.A, SLF or TRI? Retired investor looking for dividends with some growth.
Many thanks to the entire 5i team for your collective efforts to provide us with timely, thoughtful information and a much-needed balanced perspective during this most challenging of times.
Many thanks to the entire 5i team for your collective efforts to provide us with timely, thoughtful information and a much-needed balanced perspective during this most challenging of times.
Q: Would you add to SLF at $37?
Any reason for the recent weakness outside a bad market? Would they have higher than usual insurance liability in this environment? (Such as business interruption clause or other). Thank you!
Any reason for the recent weakness outside a bad market? Would they have higher than usual insurance liability in this environment? (Such as business interruption clause or other). Thank you!
- Manulife Financial Corporation (MFC)
- Sun Life Financial Inc. (SLF)
- Power Corporation of Canada Subordinate Voting Shares (POW)
Q: Why are all the insurance companies getting slaughtered? Because of ultralow interest rates? Good buy at these prices? Think the dividends are safe?
What would be your favourite?
What would be your favourite?
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Manulife Financial Corporation (MFC)
- Canadian Imperial Bank Of Commerce (CM)
- Sun Life Financial Inc. (SLF)
Q: I am a buy and hold investor with 5 to 10 years of time horizon.
Have the following 7 stocks in Canadian financials in the order of their weights in our portfolio. Financials makeup roughly 7.5% of the total portfolio including cash positions and we like their dividend. TD, RY, BNS, BMO, SLF, CM, and MFC. I like to reduce exposure to financials and also like to reduce number of different shares. Two questions:
1. Is 7.5% a reasonable weight considering the current situation?
2. Which one of these I should sell to reduce financial weight and to reduce the number of shares in financials?
Have the following 7 stocks in Canadian financials in the order of their weights in our portfolio. Financials makeup roughly 7.5% of the total portfolio including cash positions and we like their dividend. TD, RY, BNS, BMO, SLF, CM, and MFC. I like to reduce exposure to financials and also like to reduce number of different shares. Two questions:
1. Is 7.5% a reasonable weight considering the current situation?
2. Which one of these I should sell to reduce financial weight and to reduce the number of shares in financials?
Q: Hi- you mentioned SLF was one to pick at being signficant value. Why lifeco over a bank? What are the risks associated so say a BNS verus SLF and why do you prefer SLF.
- Bank of Nova Scotia (The) (BNS)
- Canadian Imperial Bank Of Commerce (CM)
- Sun Life Financial Inc. (SLF)
- Gildan Activewear Inc. (GIL)
- Pembina Pipeline Corporation (PPL)
- Restaurant Brands International Inc. (QSR)
- H&R Real Estate Investment Trust (HR.UN)
- Keyera Corp. (KEY)
- Peyto Exploration & Development Corp. (PEY)
- Air Canada Voting and Variable Voting Shares (AC)
- Stella-Jones Inc. (SJ)
- Chartwell Retirement Residences (CSH.UN)
- Genworth MI Canada Inc. (MIC)
- NFI Group Inc. (NFI)
- Pason Systems Inc. (PSI)
- Tricon Residential Inc. (TCN)
- Brookfield Property Partners L.P. (BPY.UN)
- Magna International Inc. (MG)
- Gamehost Inc. (GH)
- Canopy Growth Corporation (WEED)
- A&W Revenue Royalties Income Fund (AW.UN)
- Acadian Timber Corp. (ADN)
- Ag Growth International Inc. (AFN)
- Boston Pizza Royalties Income Fund (BPF.UN)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- Bridgemarq Real Estate Services Inc. Restricted Voting Shares (BRE)
- Brookfield Global Infrastructure Securities Income Fund (BGI.UN)
- Brookfield Select Opportunities Income Fund (BSO.UN)
- Cronos Group Inc. (CRON)
Q: Hi 5i Research Team:
I have traded Forex before and am new to stock trading. 90% of my RRSP, RESP and TFSA is in cash and I'd like to avail the current market conditions by "gradually" buying the dips.. and holding it over the long term, 5 to 10 years. I understand that no one can time the market or its bottom.
After exploring the reports and questions on your site, I have identified the enclosed 29 stocks based on following criteria:
- Current Retracements of > 75% over 52 week high & low
- Dividend Yield > 5% (in some cases, like WEED, which is a bit risky, I understand there's no dividend in the near term.. and I am simply going for the upside swing over the next 2 years... same for CRON and Air Canada)
Considering my 90% cash position and strategy to partially buy in on dips over the next few weeks, can you please advise if my stock selection is sound. In addition to my stock picks, please advise anything else that I should keep in mind.
Thanks for everything you do. Much appreciate.
I have traded Forex before and am new to stock trading. 90% of my RRSP, RESP and TFSA is in cash and I'd like to avail the current market conditions by "gradually" buying the dips.. and holding it over the long term, 5 to 10 years. I understand that no one can time the market or its bottom.
After exploring the reports and questions on your site, I have identified the enclosed 29 stocks based on following criteria:
- Current Retracements of > 75% over 52 week high & low
- Dividend Yield > 5% (in some cases, like WEED, which is a bit risky, I understand there's no dividend in the near term.. and I am simply going for the upside swing over the next 2 years... same for CRON and Air Canada)
Considering my 90% cash position and strategy to partially buy in on dips over the next few weeks, can you please advise if my stock selection is sound. In addition to my stock picks, please advise anything else that I should keep in mind.
Thanks for everything you do. Much appreciate.
Q: In an earlier answer today you compared slf and bam and concluded that bam would be a better buy today. This comparison seemed odd to me as they seem to be very different types of companies. That aside, however, if you could only buy one of these two today, sector not an issue, which one would you choose and why
Thanks again
Thanks again
- Toronto-Dominion Bank (The) (TD)
- Loblaw Companies Limited (L)
- Sun Life Financial Inc. (SLF)
- Constellation Software Inc. (CSU)
- Fortis Inc. (FTS)
- Metro Inc. (MRU)
- Brookfield Renewable Partners L.P. (BEP.UN)
- WSP Global Inc. (WSP)
- Algonquin Power & Utilities Corp. (AQN)
- CAE Inc. (CAE)
- Enghouse Systems Limited (ENGH)
- Kinaxis Inc. (KXS)
- Thomson Reuters Corporation (TRI)
- Premium Brands Holdings Corporation (PBH)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Savaria Corporation (SIS)
- Alimentation Couche-Tard Inc. (ATD.A)
Q: Good afternoon.
I’m interested in which you prefer (1 and 2) in each category below.
ATD.B, PBH, MRU, L
SLF, TD, BAM.A, TRI
WSP, SIS, CAE
CSU, SHOP, ENGH, KXS
BEP.UN, FTS, AQN
Thank you.
I’m interested in which you prefer (1 and 2) in each category below.
ATD.B, PBH, MRU, L
SLF, TD, BAM.A, TRI
WSP, SIS, CAE
CSU, SHOP, ENGH, KXS
BEP.UN, FTS, AQN
Thank you.
Q: I’m confused by why you often suggest Sun Life as a suitable long term investment choice. Sun Life will be negatively impacted by lower interest rates and I haven’t understood what makes SLF so different from GWO or MFC. Can you expand a bit on the uniqueness of this pick?
Q: Hi, I was thinking of adding to Sun Life with its current low valuation and high dividend. This sounds morbid but a friend of mine suggested if there is a high death rate from COVID-19, then SLF might have to make out higher than normal payouts affecting its profitability. I realize this is not its only business. What say you sage folks?
Thank you, Michael
Thank you, Michael
Q: I hear you when you say that we shouldn't be too involved in playing the exchange rate between the Canadian and American dollar. But would this not be a reasonable way: buy sunlife in American dollars, since i have them. If the Canadian dollar goes up i sell in canadian dollars. If it goes down, i still have my American dollars in Sunlife that i had before
Looks good but am i missing anything?
Thanks
Looks good but am i missing anything?
Thanks
- Bank of Nova Scotia (The) (BNS)
- Enbridge Inc. (ENB)
- Sun Life Financial Inc. (SLF)
- Power Corporation of Canada Subordinate Voting Shares (POW)
Q: After the "blood in the streets" kind of day we have had today, March 12, was I "crazy" to add to my holdings of the aforementioned? Are their dividends as reliable as I perceive them to be? FYI, I am a year away from retirement at age 60 and value dividend income for a portion of my portfolio.
- Sun Life Financial Inc. (SLF)
- TELUS Corporation (T)
- Open Text Corporation (OTEX)
- Thomson Reuters Corporation (TRI)
Q: HI Guys
I have never used any margin to do any investing but thinking of when I was around in 2009 and some CDN banks were yielding over 10% and wondering afterwards why I did not but more of these, suddenly, high yield "safe" investments. Afterwards it stuck myself how nice it would be to have that yield for life! So this time around I have no debt, a house paid off, and considerable assets, so was thinking of borrowing a bit to see if we could take advantage of this unfortunate downturn. So wondering if you could suggest 5 CDN companies to invest in, in 5 different sectors, and whose stock value has dropped considerably. Companies that have great risk management, have rock solid balance sheets, that are now yielding above 5%, and whose stock you could see substantially higher when the market swings up again, or at least will maintain their dividend. Thinking in terms of time - at least a year or two here.
Much thanks for all your guidance through these tough times.
Stuart
I have never used any margin to do any investing but thinking of when I was around in 2009 and some CDN banks were yielding over 10% and wondering afterwards why I did not but more of these, suddenly, high yield "safe" investments. Afterwards it stuck myself how nice it would be to have that yield for life! So this time around I have no debt, a house paid off, and considerable assets, so was thinking of borrowing a bit to see if we could take advantage of this unfortunate downturn. So wondering if you could suggest 5 CDN companies to invest in, in 5 different sectors, and whose stock value has dropped considerably. Companies that have great risk management, have rock solid balance sheets, that are now yielding above 5%, and whose stock you could see substantially higher when the market swings up again, or at least will maintain their dividend. Thinking in terms of time - at least a year or two here.
Much thanks for all your guidance through these tough times.
Stuart
Q: I currently own BNS, BAM and GSY in my Canadian equity portfolio for a total weight in the financial space of about 12%. I am wondering if you would currently favour a switch to SLF from BNS, especially if I could crystallize a taxable loss?
Also a comment about the questions on market timing that you have recently received. If you are reacting to volatile markets it may simply be that you are not as risk tolerant as you believe!
Also a comment about the questions on market timing that you have recently received. If you are reacting to volatile markets it may simply be that you are not as risk tolerant as you believe!
- Bank of Nova Scotia (The) (BNS)
- Enbridge Inc. (ENB)
- Sun Life Financial Inc. (SLF)
- Algonquin Power & Utilities Corp. (AQN)
- Thomson Reuters Corporation (TRI)
Q: Top 5 picks for a Smith Maneuver portfolio of dividend paying stocks for someone in their late 30's?
Q: I know you really like BNS but with TD at a 52 weeks low, would you pick it over BNS for a long term holding. (Building a position for dividend income)
Also, can you explain me if there is an advantage to own 2 full positions of banks vs 1 of bank and 1 of SLF (knowing that its your top insurance company pick)
Also, can you explain me if there is an advantage to own 2 full positions of banks vs 1 of bank and 1 of SLF (knowing that its your top insurance company pick)
Q: I would like to trim or sell one of these companies for cash. If sector is no issue , which would be the better choice in this environment.
Thanks
Thanks
- Sun Life Financial Inc. (SLF)
- CGI Inc. Class A Subordinate Voting Shares (GIB.A)
- Constellation Software Inc. (CSU)
- Brookfield Renewable Partners L.P. (BEP.UN)
- WSP Global Inc. (WSP)
- Algonquin Power & Utilities Corp. (AQN)
- CAE Inc. (CAE)
- Colliers International Group Inc. Subordinate Voting Shares (CIGI)
- Descartes Systems Group Inc. (The) (DSG)
- FirstService Corporation (FSV)
- Parkland Corporation (PKI)
- Kinaxis Inc. (KXS)
- Open Text Corporation (OTEX)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Brookfield Infrastructure Partners L.P. (BIP.UN)
- Alimentation Couche-Tard Inc. (ATD.A)
- Boyd Group Services Inc. (BYD)
Q: Hello 5i team,
I've held a good number of stocks you hold in your BE portfolio and I've managed to obtain a 14% compound annual total return in the last 11 years.
100% of my portfolio is in equities; I'll be shortly 77 years old and plan to reduce my equity exposure to 30%, with the above stocks in mind.
Your opinion is most valuable
Antoine
I've held a good number of stocks you hold in your BE portfolio and I've managed to obtain a 14% compound annual total return in the last 11 years.
100% of my portfolio is in equities; I'll be shortly 77 years old and plan to reduce my equity exposure to 30%, with the above stocks in mind.
Your opinion is most valuable
Antoine