Investment Q&A

Q: Hello Peter and Ryan,

This is a question regarding diversification and stock allocating strategy according to different types of accounts for income tax efficiency.
From what I have read I understand in the case of a portfolio consisting of 3 accounts: RRSP, TFSA and non registered account it’s advisable for income tax efficiency to have the following strategy : high growth stocks in the TFSA account, foreign stocks in the RRSP account and dividend paying stocks in the non registered account.
In my case my RRSP has done very well and spreading a 20 stocks portfolio across the 3 accounts RRSP, TFSA and non registered account in even 5 % positions only puts 2 stocks in the fully loaded TFSA account.
Although this will generate extra trading fees I’m thinking of moving the stocks around into the right accounts and also spreading half positions 2.5 % of same stock into TFSA and RRSP in order to get more then 2 stocks in the fully loaded TFSA account for growth, diversification and tax efficiency.
Please let me now this strategy makes sense for the long term and if so which 4 to 5 stocks do you recommend from the 5I Model Portfolio or other 5I stocks that have better valuations for a TFSA account?
Thanks for a great No Conflict service and helping in achieve great returns. Ronald

Q: Hi there. I would like your opinion on (RNN) Rexahn Pharmaceuticals, Inc.

Q: Question about what to do when buying or selling shares in less than 'board lots'.
I nearly always try and buy/sell shares in multiples of 100, but this doesn't always work if one wants to exit a position entirely, or if one wants to allocate a specific portfolio percentage to a stock and the numbers don't add up.
If it has to be less than 'board lots', should we aim for further multiples of 10 or doesn't it matter?
I was wondering that if one wanted to sell an obscure number of shares as quickly as possibly, would they take longer to sell if they were in random numbers?

Just as everybody else says, I really appreciate your advice. I finally feel that I am gaining control of my own destiny (belatedly, and not without your assistance.) Thank you.

Q: Dear 5i: I am thinking of selling BHP and buying First Quantum instead. What do you think of this idea in the current sector context.

Q: Hi Peter,
Sorry my question was meant for canyon services FRC (not calfrac). It has come down quite a bit from its high is there any reason or is it a good time to buy? Thanks again. Clare

Q: True North Commercial RE Investment Trust -- TNT.UN -- seems to have fallen off the map. RBC Direct Investing no longer covers it, it's not trading today, and there's no news on its website. Can you dig anything up? Thank you.

Q: Peter, LONG RUN ENERGY please. I have read your comments on it under oil sector, but could you be more specific? Management, pay out ratio, long term sustainability of dividend, amount of debt. Would you rate it B/? I hear a lot about it on BNN> Thanks Ken

Q: I have a balanced portfolio and some cash on the side. Can you suggest two or three stocks that represent good value and growth potential at current levels?
Thanks

Q: symbol: CXR
Hi Peter & Team,
Pls give your outlook on Concordia Healthcare. Any growth in the future and is it buyable at this level?
Thanks as always.
Pui

Q: hi 5i team, have very modest position in trw.us. what are your thoughts re cdn investor given German takeout? Also gut tells me trw will not be taken out & Institute dividend in response. Thoughts re share price if that comes to pass? Kinda regret not selling earlier this week bc of modest position/uncertainty.
Thx for the outstanding service. Joel

Q: Hello, Could you please comment on the Q2 earnings reported by Richards Packaging (RPI.UN)? Thanks,
Roy

Q: Thanks for the July 30 answer to Darcy on AYA. One additional question for Clarity on your answer. You indicated that a 20 to 30% positions becomes a portfolio bet on one company. I understand this concept, but doesn't a double down strategy by definition mean you will have positions greater than 30%, or do you always limit portfolio positions to a certain maximum even in you double down approach? Great Service, you have greatly changed my investing success.

Darcy

Q: what is your opinion and outlook on Dhx media's announcement and changes

Q: Hi Peter/Team... can you please comment on CDI+BNK both of these stocks are off about 12% in the last month. Should I hold or take the loss ? I still like the energy sector heading into the fall your thoughts please PS also looking for something in the health sector I like CCT what do you think?...Thanks for the great service

Q: synbol: FSV
Hi Peter & Team,
First Service Corp reported very good result, I got small postion of it, what do you think of it's future growth. I am thinking to add some position, should I do it now or wait until it pulls back a bit.
Thank you,
Pui

Q: Hi Peter and 5i team,

I'm looking for an industrial stock to add to my portfolio. I currently own CCL.B and SJ, but I'd like to add a third stock in this sector? Do you have recommendations?

I also wanted your opinion on Chartwell Retirement REIT. I currently own 3 REITS (Riocan, H&R and Chartwell), but I was thinking of selling Chartwell and buying Boardwalk for a bit more growth.

Thanks very much,
Jason

Q: After this most recent pop, and heeding Peter/5i's repeated advice (thank you !) of keeping reasonable percentages on individual stocks, for the 2nd time, I sold some AYA in our diversified (thank you,again, for emphasizing this!) - growth oriented portfolios. I expect shortly to be doing the same with DHX. I don't know if you can come up with another one or two 'out of the park' hits, but would appreciate any recommendations that you feel might have similar potential for re-investing these profits.
I will happily be making a 2nd contribution to your charity ride and wish you safe travelling.

Q: Shaw Communications (SJR.B)is acquiring Denver based ViaWest Inc. Do you have any thoughts on this transaction?

Q: Hello Peter and Team,
I am looking to add a little punch to the Energy sector of an otherwise diversified portfolio. Energy currently makes up almost 20%, so I am not looking to add, but to hopefully refine. I am considering a swap of Surge (SGY) for Vermillion (VET). I like them both, but am leaning towards the income feature of Surge as well as the continuation of good results as was indicated in the last Q report. Could I have your thoughts to this?

Q: Hi Peter & company. Great job! We have recently sold all of our U.S. stocks because we were scared off due to the recent tax laws changes with respect to people with dual citizenship (US and other country). We don't have dual citizenship but this new tax is quite significant for those affected and the U.S. government seems to need to increase tax revenue. Do you think we were over cautious?