Investment Q&A

Q: Hi guys,

My dad is 62 years old and would like to build a small portfolio of monthly paying dividend stock for income. 30% of the portfolio in XSP for US exposure, 10% in CBO & XHY. Can you please suggest 5 possible CND stocks? We already selected WCP for energy and CHS for financials. Thanks!

Q: This question concerns my RRSP. I am in my mid seventies and my RRSP is laddered for the next 6 yr. Each year when one of the laddered bonds comes due it results in a lot more cash than I am required by law to take out. This has resulted in an ever increasingl cash balance. My accountant informs me if I take this cash out it will bump me into an even higher tax bracket. What would you advise? And if I leave the cash within the RRSP, can you suggest an investment for it.? I have no pressing immediate need for this money. Thank you.

Q: In following your recent dividend info webinar, I'm trying to find the financial ratios you suggested to track the stock's performance -ie payout ratio, for starters. When I look on Qtrade to get the 2014 financials, I see the free cash flow is $132 Million, the dividend is $1.28 X 81 million shares = $104 Million, that makes the payout ratio $104million/$132 million = 78%, which is high according to your webinar comments. Am I performing this calculation correctly? Is there a better place to go to get stock financials than Qtrade?
Thanks for your reply....Jim

Q: This is a comment rather than a question. Roger asked about whether ZSP or ZSP.U was preferable given he wanted un-hedged exposure to the US dollar. The hedged version is ZUE. I believe that ZSP and ZSP.U are virtually identical. If you don't have US dollars and don't want to go through the conversion, you can buy ZSP. I asked BMO investorline this question but in respect to another ETF that I hold, ZLU. I asked that if I wanted to sell ZLU as ZLU.U could I do this and obtain US dollars and was told that I could. This would be similar to the conversions that are done using DLR and DLR.U. My only caveat is that in looking the list of BMO ETFs I see that the distribution yields listed are different.

Q: Hello, every one, Could you please help me to understand the current earning report of GIB.A, in which earnings expanded, but revenue was slightly shy of expectations. Since this is a growth stock, I thought missing revenue estimates would have negative impact on it. But the stock rose upon earning release. Your thoughts please. In addition, what is your view of this company? Also the company's debt level is high, will they issue more shares to acquire other companies in the future, if yes, how will this affect the stock?

Thanks,

Lin

Q: Peter and Team,

Can you please suggest which ETF is better for US corporate bond exposure between CSD and XHY? XHY has a more significant energy exposure (14%) versus CSD which has 7% in energy.

CSD is defined as short duration (which I like) with an average duration of 3.14 years. XHY doesn't seem to define a duration. CSD feels lower risk to me but I'd like your opinion.

Your thoughts?

Marc

Q: I would like to invest in Intrawest (SNOW). It has more recreational properties than the former Intrawest and I currently only have a small allocation to this sector. Can you provide your analysis and opinion on this stock? If its not good, can you recommend other alternative in this sector? Intrawest LT debt has been reduced but revenues still not growing. Thanks again! John

Q: Skyworks reported very decent earning last week. Do you consider current price is cheap and what the fair value you think it should be traded? Also do you think it's wise idea to swap Skyworks Solution to Mastercard? Thanks for your valuable advice as always!

Q: I hold a few preferreds of different types and from different companies and must admit that the recent price movements of perpetuals versus rate reset, floating etc. has been an eye opening experience. Some of your Q and A explanations have helped explain a lot. I have a question specific to Bombardier preferreds BBD.PR.C There is a lot of talk about the possibility of Bombardier having to raise money with either a share or debt issue to overcome the current cash crunch and respect debt covenants. If this were to happen, it would obviously be taken negatively by the market, but how would you expect the preferreds to react? Is it possible that shoring up their balance sheet would actually support and lift the price of the preferreds, or would you expect them to drop together with the common shares? Same question if they were to reduce or eliminate the common share dividend, how do you think the preferreds would react?

Q: Good afternoon. Is there a reason why CXI'S stock price is stagnate?

Thanks

Q: Thank you, Peter, for the excellent webinar today on Dividend Investing. If anyone missed it, make sure to sign up next time! It's either a great introduction or a good review!
Marilyn

Q: Now that January has passed, what is happening with Carfinco? Is it going to be taken over?

Q: With a dividend yield of 2.21 %, and an MER of 0.23%
this appears as a good choice for fixed income. May I have your thoughts. With thanks, Bill

Q: Hi,

At some point I would like to get into the Health Care sector (possibly with ZUH) but it seems so expensive right now, and you have stated this as well. But I feel that you are not a fan of waiting for a correction. How would you convince someone to buy into it right now, or would you wait?

Thank you

Q: Greetings,

Been looking for an entry point for QCOM but wondering about the long term impact of the Samsung going with a different chip provider. It looks like the market may have over reacted to one quarter but wanted your opinion here.

Thansk

Q: What is your opinion on those ETF ?

Q: Hello:
Is there a reason for Cipher's large price volatility over the last week? I get suspicious when this happens. Thank you
Jerry

Q: Not a question, but hopefully a helpful comment for the 5i community given the number of recent questions related to portfolio balancing:
Google Sheets is similar to Excel spreadsheets, but has an interesting function that can be used to track portfolio weightings easily. The function is called GOOGLEFINANCE, which can retrieve the latest price of a security online automatically.

The way to use this function for a typical stock on the TSX is:
=GOOGLEFINANCE("TSE:symbol")
(for stocks on the Venture, use CVE instead of TSE)

For instance, to find the price of Brookfield Renewable Energy, the function would be:
=GOOGLEFINANCE("TSE:BEP.UN")

If you have one column for the stock price and another for the number of shares, you can then multiply them together to calculate the total value. Categorize all your stocks by sector, and then have Google Sheets calculate portfolio weightings for each. Hopefully I described this clearly and that it is useful for others. I know this has saved me a significant amount of time!

Q: As of tonight, February 2, 2015, TD still has not paid its dividend which was promised to its shareholders for January 31st. I wonder if any TD Waterhouse members received their dividends on time? I wonder what TD would charge me if I was late paying them for a loan of $50.00 (roughly the cost of one share)? I wonder if my service provider will record the dividend as being received on Feb when the dividend finally arrives or will it back dated to Jan 31?

Q: Seem to be making progress any thoughts ?