Investment Q&A

Q: Canadian companies with US operations could be a target under the IRS section 891 to double taxes paid on their US operations in retaliation for our DST and UTPR according to tax experts here. What Canadian companies are most at risk for this?

https://financialpost.com/news/economy/canadian-business-pay-price-digital-services-tax

Q: Hello, your opinion please on Metro results, is it buyable now, for a long term hold? Thanks

Q: Hi,
Thank you for answering my question on US Utilities. Much appreciated.

You mentioned that Canadian utilites may be a better option in your answer. I have H, EMA,FTS. Should I add to these or add another utility? Any suggestions in this space?
Thanks again.

Q: Please give me your updated view on Bitcoin. I remember, in one of your replies, you had mentioned something about drawdown, could you elaborate on that? At what point, are we in the cycle? Where would you find it interesting enough to take a position if not already owned? Thanks in advance.

Q: I am wondering if I should exit a small position in MG that I have in a registered account. It is trading near it's low and it pays a decent dividend. I am not sure that the dividend is safe and I am worried about the Trump affect on the auto industry. Your thoughts would be appreciated.
Thanks
Ian

Q: Either I forgot to include Telus in my question of yesterday or you forgot to include it in your answer. Please give your weighting for T (Telus). As well please provide a comment on your 2% weighting on TRP.

Another question on my semi annual balancing exercise. With the understanding that the rest of my portfolio consists of conservative growth, dividend paying large caps and that I am looking at a 3 to 5 year time frame. Please indicate the those companies you would carry at a 5 % ish level, those that you would carry at a 2% to 3% level and those that you might not carry at all. Much appreciated ram

Answer:
Assuming WE are the investor, we would look to the following. DIR.UN 3%, LMN 3%, SHOP 5%, TRP 2%, TSU 2% WELL 3%, WSP 5%

Q: Hi 5i Team - How would you rate the management of Vitalhub, Kraken Robotics, Zedcore and MDA Space. I realize that this is somewhat of a subjective question so no specific number/letter grades are needed - general comments would be fine. Thanks.

Q: If you own a Canadian domiciled ETF that holds US fixed income (like ZTS) what are the tax implications? Is there withholding tax if held in an RRSP, TFSA, or taxable account?
Some websites say no withholding tax on U.S. bonds but others say yes. What's the right answer?

Q: I think my question was more related to, do you agree that GLCC was so much better than AEM.
Using 04/21/2011 as start date to match available data range for AEM.CA and GLCC.CA
AEM.CA GLCC.CA Growth of $10,000.00
With Dividends Reinvested
Click for detailed chart tool
Start date: 04/21/2011 04/21/2011
End date: 01/17/2025 01/17/2025
Start price/share: $64.99 $10.04
End price/share: $123.09 $28.11
Starting shares: 153.87 996.02
Ending shares: 194.26 3,596.08
Dividends reinvested/share: $14.08 $21.84
Total return: 139.12% 910.86%
Average Annual Total Return: 6.54% 18.32%
Starting investment: $10,000.00 $10,000.00
Ending investment: $23,899.77 $101,111.35
Years: 13.75 13.75

Q: What are your predictions on CLS reporting tomorrow for Q4? Is it a smart or risky buy at this time? Many thanks?

Q: Does the Hamilton group of US etf.s like HYLD HBND. FMAX. HBIL have withholding tax if held in a TFSA or non regestered account? Thank you JIM

Q: I have held SCHD for several years and just compared its total return with that of SPY and VIG:
SCHD (Schwab U.S. Dividend Equity ETF)
• 1 Year: 15.73%
• 3 Years: 15.80%
• 5 Years: 76.76%
• 10 Years: 204.74%
SPY: SPDR S&P 500 ETF Trust:
• 1 Year: 27.37%
• 3 Years: 44.86%
• 5 Years: 98.26%
• 10 Years: 254.08%
VIG (Vanguard Dividend Appreciation ETF)
• 1 Year: 27.48%
• 3 Years: 45.14%
• 5 Years: 98.81%
• 10 Years: 256.38%
Are my calculations correct? Return on SCHD doesn't look right to me. The data supports Mr. Buffett’s view on SPY being better overall.

This question is prompted by concerns that my portfolios are in mostly high growth businesses and thus vulnerable. I wonder if one should lean towards dividend growth this year and trim the now-expensive high growth companies. Ignoring tax impact, would you today stay with SCHD, or switch to VIG, SPY , or do you have another US dividend-growth ETF to balance a high beta folio?
:ao:sab

Q: What is your assessment of the FCX quarter and year. I was expecting better results even with the slowdown in China.
Thanks for your thoughts.
Ian

Q: td analysts see this going up 100% this year and also dividend raises. It has done well compared to other canadian telcos and pays a 6.5% dividend and has been raising some 8-10%[just raised 8%]. Am i missing something since bce drops 30% for year and will not raise dividend or possibly cut in future. what is your take on cogeco for future as a dividend investor

Q: I have a significant amount of my USD portfolio in VOO, I won’t need the money for 20 years. I’m trying to decide where to invest new USD with current stock market valuation. With a long term horizon any reason I can’t keep buying VOO?

Q: Can we have your thoughts if you think the dividend is safe given the payout ratio is in excess of 100%
Analysts are constantly pushing for a dividend cut which is favourable for the people that purchased for both growth and income.
Management has said that they wont cut dividend , but what other choices do they have . ? selling the maple leaf assets has been more then offset by the purchase of the US fiber assets

Q: Hi Peter, Ryan and Team,
I know that 5i is a fan of momentum investing, and would like your take on VMO. We have a small position since Portfolio Analytics tells us that our International holdings are too low. Are there any similar ETFs in this space that we should consider?
Thanks as always for assisting us to make informed decisions.

Q: With headquarters being moved to the US and a greater demand for tungsten is ALL looking more attractive these days?

Q: Hi, you have indicated that both of these stocks serve similar areas and should do well as interest rates fall. What are the potential benefits of each of these for the next 3 years, which would you choose first, and why? Thank you for an interesting service.

Q: Hello,

Considering selling a combination of XBB, XLB, and ZMP and purchasing some CAP REIT. Would you see this as a good move? Or hold the bond ETFs? Looking for a longer term hold.

Thanks!