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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.

Q: i own lots of lac and pmet, i think this space has a huge runway ahead of it.
can you please give me 2 lithium small caps that you like that are more speculative.i get that pmet is very speculative as well. dave
Read Answer Asked by david on January 31, 2023
Q: I just reviewed the FP Investor I received in my email this past week.
In their review they reviewed the 5 worst performing stocks on the TSX during 2022

4 of the 5 were as follows:

SHOP Down 72%

LSPD Down 65%

DND Down 55%

NVEI Down 62%

You guys are running the 3 5i portfolios and are recommending buys and sells.

William O'Neill whom I'm sure Peter has read has one of the prime principles of his CANSLIM model is LIMIT YOUR LOSSES. He recommends as soon as a stock falls 7% it should be sold. To limit your loss. This will prevent catastrophic losses from affecting the portfolio in a major way.

Now I'm not saying that 5i should have this principle exactly but as responsible portfolio managers I do feel that 5i should have a loss containment strategy for those who follow the portfolio and might not be that experienced.

I know in past posts you suggest readers utilize mental stop losses rather than real time stop losses. I feel that 5i as portfolio managers should do the same. Going forward there should be no holding in the portfolios that are down as dramatically as those listed above.

Hope you adopt this as a New Years Resolution Investing Principle to add to your Investment Strategy Guidelines

All the best


Sheldon
Read Answer Asked by Sheldon on December 28, 2022