Investment Q&A

Q: I have some US liquidity. Could you please list 5 or more equities you see reasonable upside in over the next 3 years or so.

Q: It keeps going down. Is it only market related? Would you add to existing position?

Thanks,
Milan

Q: Can you provide a list of 5 fallen angel stocks that you believe may rise from the ashes of this relentless market decline. Betting on phoenix companies that are down significantly so no thought to market, risk, sector.
Thanks

Q: Both GOOG and MSFT have broken the lows of June. Do you see a likelyhood for significant downside from here?? I had reduced holdings in both and am looking for a re-entry point. Thanks Jim

Q: Nouriel Roubini (Dr. Doom) is forecasting a hard landing for a 2% inflation target rate with the S&P being off by as much as 40% and referred to the levels of debts of corporations and governments.

Even half that is nerve racking. Can you please give your thoughts and opinion on the matter?

Carl

Q: I have looked at the news feeds that I have access to and can find no releases that would account for the punishment the stock, (and I), are taking today. Do you show anything that would account for this drop?

Thanks

Q: A few stocks I own.....junior explorers moz, ske, lio, have fallen dramatically after recently announced pp's that are handsomely lower than where the stock had been trading, much to the chagrin of current shareholders.
Why do you think management is thinking "get the money now" to advance the project even though current shareholders are being punished.
Larger cap companies like eif and neo have also had recent large placements only to see the sp diminish considerably.
What do you think is going on...thank you for ur comments

Q: Why your Growth portfolio returns are 5.44% since inception vs xiu.to avg 7.48% CAGR since 2002 returns?Am I better off investing in XIU vs your Growth portfolio what am I missing here ?

Q: What are your thoughts on buying Berkshire on the neo exchange at this time?

Q: In Canada, on death of an individual, are all registered plans (LIF, RRIF) of that person considered sold and added to their estate for tax purposes. What about RESP and TFSA plans? thanks

Q: Looking for a decent investment in this inflation environment. This REIT hit my radar. I think you at 5i approve of it. My concern is the very high PE (approx. 30) and P/Cash Flow. Not sure what the forward PE is, but I'm hearing that forward earning estimates in general will sooner or later be ratcheted down anyway as higher rates start negatively affecting the economy.

Is there a better metric putting a valuation on a REIT like LSI?

Q: In SYZ's recent conference call, the CEO suggested that servicing enhanced SAAS offerings would require re-allocating capital currently funding the dividend. How would the market likely react to a dividend cut? Is any part of the current price action attributable to this announcement?

Q: Their recent quarter was very good and since then the sp has come off substantially. Why do you think this has happened.
Perhaps a good time to add?
Do you think that the generous dividend is safe?
Thank you

Q: Would you list any reits that have eliminated or substantially reduced their distributions over the past few months. Thank you.

Q: Hi- in a growth long term portfolio, would you own both bam and wsp. Is there any overlap? What percentages are they international?

Q: Hi 5i, What is the difference between these 2 Brookfield companies please? Tx Ron

Q: Hi - if you had to choose a couple of fundamental metrics in which to determine if the Cdn Banks as whole are "cheap", what would you look at? P/E...P/B, Div Yield, etc? Of course, it's only a general look at things and every bank is slightly different based on other metrics, but wondering if there are a couple of metrics where you say, "hey we should dig deeper on these"?

Q: How does Paylocity stack up in its space? How do you think this sector will do over the next 5 years?

Q: Historically I invested in bonds, bond ETFs, income trusts and international/global mutual funds for my RRSP account. When the tax laws changes I continued to hold the companies that were once income trusts. Many of my income trusts were REITs and REIT ETFs which I continue to hold. The past two to three years I have started to buy companies with decent dividend rate. They are as follows (gain in price included): ENB(+7%), FTS(+15%), TRP(+11%), CNQ(+60%), RY(+1%) and NTR(-13%). I can now buy a 1 year GIC with a rate of return of 4.25%. I am planning to start selling these shares to buy 1 year GIC or 2 year bonds. In what order should I sell these shares to purchase fixed income? What do you think of my strategy? Note I generally try to have fixed income in my RRSP except for the mutual funds . I have them in RRSP so I do not have to keep track of ACB. I only have shares in my non-reg and TFSA.

Q: I regularly read the Q and A section. Several questions mention being down 50% or more on an investment. I too have had similar losses in the past on a couple of stocks. Aren't these losses a result of inadequate risk management? In order to avoid such big losses, can you suggest a selling strategy or point readers to a discussion of selling strategies?

In the past I have employed a stop-loss but isn't that akin to showing the market your hand? In other words, as soon as you enter a stop-loss price doesn't that price then become another data point for algorithms to hunt down?

Any advice/information you can offer regarding selling strategies to minimize losses would be appreciated. No rush to get this answered. Thank you as always for your expertise.