Investment Q&A

Q: Hi. I'm doing my taxes. With the split of EFN, I held onto the shares of both EFN and ECN after the split. Do I need to report the disposition of EFN on my income tax? The trading summary from TD indicates a "sale", so I am wondering if CRA will be expecting something. Thanks for all the great work you do!

Q: Hello 5i
I hold full positions in the above 5 companies in my tfsa and am looking for a replacement for EFN. I am interested in growth and am not concerned with volatility. Also interested in a mid term hold. Many thanks.
Les

Q: Hello,

We have these two companies in my child RESP from the split last year. Which one do you has the potential for better growth over the next 3 to 5 years?
Would you advise selling one and use the proceeds to buy the other? If yes, which one would you keep and why?

Thank you for the usual awesome service.

BK

Q: Please comment on EFN results, dividend increase and outlook.

Thanks

Sheldon

Q: Comments on ER? Market doesn't like it despite a threefold increase in dividend. Thanks.

Q: I hold 2000 EFN.PR.C in the fixed income portion of my portfolio, with the changes that have taken place do you think it is a safe hold?

Q: Hi guys.

I purchased 500 shares of EFL in April 2015 for $17.00 each. I just sold my 500 shares of EFN this morning at $14.19 each and purchased 2000 shares of ECN at $3.65 each. How do I determine my cost basis for EFN and ECN?

Thanks,

Scott

Q: Hello 5i team,
Instead of collapsing EFN into ECN as per your note,I was thinking of keeping both but on an equal weight basis. Your comments are most appreciated.
I usually follow your suggestions, except once when you exited FSV in March 2015, post split; I kept both and had an average return of 90%.
Keep up the excellent work because I count on it. I'm 74 years old and when my brain power will eventually slow down like my creaky bones, I will have no choice but to "blindly" follow your advice.
Kind regards,
Antoine

Q: I am looking for more growth potential so I am considering swapping my position in EFN for GSY today. Do you think that is a good idea and would this trade help accomplish that?

Q: Hi 5i - would you sell EFN and replace it with CXI? Which company looks better long term?

Thanks, Neil

Q: Good Morning.
I wanted to make room for GSY in my RRSP. Would you endorse a switch from ECN/EFN? Or do you see this alternative unnecessary?
Thank you

Q: I currently own both EFN and ECN and my broker would like me to sell EFN and buy more ECN as he think there is more growth potential in ECN? Would you agree with this move?

Thanks
Dolores

Q: I hold these companies at about a 20% weighting in my growth portfolio but only 5% overall weighting. Should I have equal weights of all three, or would you favor a different balance for 2017? Is there be a catalyst I should be watching for where I would lighten up on one or another (eg:interest rate hikes etc)? Your best strategy for next year or so please???

Q: I am trying to do some tax loss selling. I am down 13 percent-ish on both ECN and EFN. Do you think these companies are worth holding for long term? How much free cash flow they generate? If interest rate goes up will they be affected? What kind of ROE they have, are they better than canadian banks? Do you think is it better to hold canadian banks instead?

Q: would you suggest moving efn into ecn

Q: I am down on both of these companies since the split.Can you give me your outlook on possible recovery.Thank You
Garry

Q: What's up with this stock today? PR sounding all proud and confident and the stock drops,6% on heavy volume.

TIA

Q: Hello,

I have a diversified portfolio across all sectors. I recently sold most of my big losers like CXR and PHM etc. I'm now left with the following three losers: MG, ECN/EFN and AD.

I just don't know what to do with these. I'm down about 25% in each. I regret not selling CXR once it was down 25% and instead took a 75% loss and don't want to be in that position again. Should I sell any of these? MG seems to be the best company of the three, but it hasn't recovered this year like other stocks (at least not from where I bought) and now with Trump in there are a lot of fears about the auto sector, and I'm worried it will keep going downhill as NAFTA discussions begin. Anyways, I'm interested in what you think I should do with these three companies.

Q: Hi Peter and Staff
Your email this morning contemplates that EFN/ECN split is reflected in the portfolio.As the portfolio is not yet posted(I am sure it will be soon), my question I have been wondering is that for those of us who got equal number of shares in both ECN and EFN on split,we now have a lot less $ tied up in ECN than EFN. Should we continue that ratio or if we are going to continue to support both companies,should we been evening up our $ invested in each?
Thanks for all you do
Dennis

Q: Hi Peter and Team,

Can you comment on how rising interest rates will affect ECN and EFN? I was an owner of EFN before the split, so I now own both, but I was thinking of adding to my ECN position.

Thanks,

Jordan