Investment Q&A

Q: Comment on: 2023-12-01 Q&A:

Q: I know it's outside your mandate but do you know of a good analysis software that takes taxes and investment returns with rrsp's ,tfsa's cash accounts and cpp into account . We have been investing on our own for 40 years and just don't want to give an advisor 1 to 2 % of our money. Thanks for any recommendations.
A: Sharesight appears to have a portfolio tracking software that allows for tax reporting and other functions, and Wealthica also has some portfolio tracking and reporting tools for Canadian investors.

- Wealthica: Agree [used 3 years]
- WealthScope: a Wealthica add-ons for deeper analysis ($) - good [used 2 years]
- MoneyReadyApp (www.moneyreadyapp.ca) ($): Generates plans similar to what Financial Planners produce ($$$$$) - requires serious effort to setup and understand, but is amazing after that [used 1 week]

Q: Peter and His Wonder Team
LGO is up 15% today...any idea why. Is this a sign of a better future? Thanks as always!

Q: Hi Peter, With all the talk going on about rate cuts next year, what is your opinion on parking cash as part of fixed income. Should one go for 1 year or 5 yr ladder GIC. This is what i got from TD branch although website is way lower.

1 year GIC – 5.90%
1 year GIC – 5.90%
2 year GIC – 5.60%
3 year GIC – 5.40%
4 year GIC – 5.20%
5 year GIC – 5.20%

Thanks

Q: I know it's outside your mandate but do you know of a good analysis software that takes taxes and investment returns with rrsp's ,tfsa's cash accounts and cpp into account . We have been investing on our own for 40 years and just don't want to give an advisor 1 to 2 % of our money. Thanks for any recommendations.

Q: Please advise what is the current dividend on this stock, as it has just reset.

Q: What is your opinion on the prospects of Cenovus(CVE) and Ovintiv(OVV) over the next 5 and 10 years ? What are your thoughts on selling them (old stocks that could be sold for a tax loss) and replacing them, as a long-term hold, with some Brookfield stock (BN, BEP and/or BIP)? If you favor that, which Brookfield company would you recommend be given the greatest weight ? Or is it better to hold onto those oil and gas stocks for a while?

Q: Hello Peter,
What is driving Aecon stock? It is ticking upwards slowly. I am thinking of keeping it for dividend and some upside.. Any thoughts please? Also, Ivanhoe Electric.. Is it a good time to take a small position? Any idea why the stock shows different statuses on tsx versus nyse.. Sometimes it does not trade much on tsx and other times the values are different eventhough i take into account exchange rates. Thanks very much

Q: For a long term hold (15 years) in a RESP, would you prefer ZEB or ZWB and provide reasons why. Also any other suggestions would be appreciated.

Q: Good morning. Could i have your views on this co.

Q: Hi 5i, we need to increase our Healthcare allocation.

Currently hold XLV in our non-reg account, and are satisfied with it.

We need to use CA$ funds in our RIF's to increase, and are looking
at HHL, XHC, and LIFE (little unsure with LIFE as their website has faulty info).

We are looking for income plus some growth.

Could you provide some analysis of these 3 options,
and any other suggestions that you might see.

Thanks as always for your assistance. T.

Q: I seem to recall one of the "Market Masters" saying the time to load up on Financials is after they have been crushed. I know you don't necessarily like the expression "load up" but if you wanted to increase your Cdn bank exposure are there one or two you think stand out as having the biggest bounce potential from here, or would you forget about trying to be right on one or two securities and just buy the ETF if you believe the whole sector might recover from these levels? Thanks for your thoughts.

Q: I do not understand why the Canadian dollar has risen relative to the USD$ recently. The price of oil is declining, our government debt is increasing again, productivity is low and business investment in Canada is almost non-existent. Why is the Canadian dollar currently getting stronger?

Q: Hello 5i,

GOLD is now reaching (or exceeding) an all time high in $US. I wonder if you could comment on the sector. Could the recent rise be partially due to uncertainty (2 wars, a pandemic, global warming concerns, inflation, etc.). Could it also be due to increased demand by the Commonwealth Mints to respond to the minting of coins for the new monarch. Any comments on the breakout from a technical analysis would be handy as well. Feel free to deduct a few question credits as I have asked a few questions in this note.

Q: Hello,
Over the years I have fallen into the trap of buying BNS as many analysts have promoted as the most international bank, as as a result I have 7.5% position. However, I have now come to the realization that the countries that they do business ( mainly South and Latin America) are in most cases very poor countries with little or no growth and unstable Governments.. As well, the bank's CEO's poor performance. Therefore, As soon as I hear what the new CEO has to say in a couple of weeks, I will slowly exit the position . What are you thoughts in moving the funds to TD or NA or BMO?
Thanks
Carlo
Thanks
Carlo Rea

Q: Just a comment - I like the "popular" voting function that you introduced. I don't see it as a voting competing at all. Rather, I find it's interesting to check to see what questions other readers have considered noteworthy by searching "popular" questions. Thank you.

Jason

Q: Curious about yields. It feels like the yield on ETF XHY remains around the level it was several years ago (~6%) despite other stocks yielding much higher returns. Shouldn't those ETF holdings (high yield corporate bonds) be ticking upwards too which should drive the ETF yield higher? Maybe there is a time-delay as they have to reset?

So with various stock yields as high as they are I would like to try to benefit from the yields AND set up for capital gains on the same stocks that *should* pop as interest rates normalize and fall a bit. What are 3 CAD and 3 USD stocks that fit the bill? (High current yield AND good likelihood to strong share price increase in 1-3 years.) And where would ENS fit relative to those suggestions?

Q: I can book a tax loss on BCE (never thought I would be saying that), just wondering if I intend to buy it back in 30 days would RCI be an ok placeholder (Telus already owned) or placeholder not needed and just wait the 30 days in cash? (brokerage fees not a consideration). Thanks,

Q: Your thoughts on! Karo US

Q: Seasons Greetings!
Can I please get your high level thoughts for DHR and TMO.
Do you like them for a long term hold?
If yes, are they sufficiently different so I should consider buying both?
Which one has the highest exposure to the "water" theme?

Q: Would you prefer STN over WSP today?
Also would you prefer KXS over DSG?