Investment Q&A

Q: We are both retired but still eligible to contribute 5000$ to a Quebec sponsored workers fund (FTQ) this year and get a refund on our income tax bill at the end of the year.
The funds have to be held 3 years.
Shall we contribute more or just transfer this holding to our Disnat account?
Thanks,
Serge Lacroix

Q: Any change in outlook on FCR from your last comments back in August?

Q: Hello,

I own NHC and am down 50%. I was planning to hold for the long term as fluctuations are common in small caps, however, I just read that two US law firms are now investigating them for violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.Can you please explain what this violation is? And what does it mean when a law firm gets involved? Does it mean there is a problem or the law firm is just looking to make some money?

Sadly this is my largest small cap holding, I bought way too much in it, about 5% of my total portfolio. Should I sell now or hold?

Best,

Carla

Q: Any outlook on Shire?

Q: is this a turn around story?

Q: My investing approach for my TFSA is to hold high yielding small cap companies with good management. My current holding is SMU.UN-an industrial REIT.
I have identified 3 companies for my next purchase.

Exchange Income Fund (EIF)
Wilan (WIN)
Diversified Royalty (DIV)

What are your thoughts on these 3? Are there others you would recommend? Thanks
DEREK

Q: I currently have the following stocks in my wife's income portfolio
AD
ADW.A
BCE
BEP.UN
ENF
ET
WSP
Currently the portfolio is down 1.44% since purchase.

Of that port I have 17% cash to invest in other income producing stocks. Can you suggest which ones you would reccommend I add to this grouping. Or should I buy more of the same.

All originally had equal weightings.

Thanks

Q: Thanks very much for answering my question on covered calls as it relates to out 5i portfolios.

Your answer raised another question. If, using my example of AYA, you are called away on your call option and you no longer have AYA in your port.

Would you then, sell an at the money put to reesetablish the position using November option expiry ( or further out)?

Is this what you would do using this strategy?

Q: I own a few of this company.Dell has purchased.We receive VM ware.Is this reason to wait till deal settles.

Q: This pref looks to offer a good yield (~6.4%) and a good capital gain (at current price) in 2018. Am I missing something? Thanks.

Q: Hello Peter, after 20 years of mediocre-to-poor investing results (despite being an incredibly smart guy ;-)), I've concluded I'm just either a horrible, or a very unlucky, stock picker. With only 5 or so years til retirement, and with no RSP or TFSA room available, I've decided to build out a non-registered account with, eventually, around 10 companies. I know large-caps aren't your focus, but I'm looking for 'blue-chip' companies, preferably mostly dividend payers, and I'm prepared to sacrifice significant growth for a 'reasonable' assurance of capital preservation. I've started with ENB and TELUS (choices I trust you'd agree with, though you may want to run and sell these now). Can you please suggest a further five companies for this account to acquire over the next several months? (I was considering Cdn Tire for one? Your thoughts appreciated.) Finally, if you could add two similar choices from the US, that would be great.

Q: Thanks for your great service. Any thoughts re EPAM? Recent breakout from consolidated period on chart.

Q: Any thoughts on LOW VOLATILITY CANADIAN EQUITIES INCOME FUND?

Q: What two stocks would you recommend from the Growth Portfolio as having the greatest potential returns over the next two years?

Q: Just a comment.This is MNW's response to Elliott.MNW welcomed Elliott's interest & it shared the fund's view on consolidation in the industry.It does not comment on specific M&A discussion.As always,it look forward to creating value for all MNW'shareholders. Note that MNW management was very deligent in attending roadshows & conferences after release of last Q

Q: Mr. Hodson, in light of your answer today to the question by Arneh and the content of the New Jersey DGE report, will your December 08, 2014 Report be updated shortly ? The share price then was 36.85$. Where do you see the share price in 2016 ? Does 50$ or more make sense ?

Is Amaya still one of the next blue chips, and is your faith in the stock fully intact ? David Baazov seems to be one of a kind, and who knows where he will lead Amaya. The AMF inquiry now seems to be of little consequence.

You may publish your response, if you so wish.

Q: Is MFC in the buy range?

Q: Hello Team,
Would you please provide your thoughts on investing in BPY? I do not presently own any REIT type investments. If BPY is purchased on the TSX, will the dividends (unit payments?) I receive be treated as income from a Canadian company or would the US withholding tax apply?
Thanks,
Richard

Q: In response to Richard's earlier question around BPY and dividends, MLP's such as BPY are, from a tax perspective, better off held in a non registered taxable account. This is because MLP have a 35% withholding tax and is even applied if held inside an RRSP. So better to hold in taxable account and get a portion of the withholding tax back through foreign tax credit. There was a Globe and Mail column on the subject a couple years ago if you can find it.
Cheers, from one Richard to another!!

Q: Hello, I've been buying a few stocks from your growth portfolio per month since its inception and now have half. The 11 I don't have yet are:

AVO, CDV, DHX.B, GXI,KXS, BCI,LMP, PEO,PUR, QHR and TC.

I can afford to buy 4 of these this month. Which 4 would you suggest?

Best,

Carla