Investment Q&A

Q: MX has pulled back a bit. Should a guy take some profits or continue to hold on for the long term?

Q: Hi Peter, Ryan, and 5i staff,

For my son's 2018 TFSA contribution, please rank these stocks and one ETF in order of preference: GSY, AVO, TOY, SIS, MX, XEU. He already holds SIS (up 216%), TOY (up 50%), and MX (up 34%). He holds no European stocks and very little outside of Canada, so I think that XEU could achieve some extra diversification, with a further advantage that it's a "commission-free" ETF with Scotia iTrade. Any other suggestions would be most welcome.

His other holdings include BCE, BEP.UN, BNS, CAR.UN, ENGH, GUD, KXS, NFI, PBH, and TRP.

Thanks for such great advice! There's no way we could replicate such results without 5i at our side.

Q: I'm about to transfer stocks from RRIFs to TFSAs, and am wondering which of each pair below has the best growth possibilities:
1: PKI vs CCL.B
2: SJ vs MX
Thanks for your great service!

Q: Happy New Year to the entire 5i team. Currently I have what I consider to be a well balanced portfolio based primarily on your balanced portfolio. I have $50,000 to invest in my TFSA. I would like to invest in Canadian companies that are relatively safe yet offer solid growth opportunities now and in the future. I have chosen the above companies. Please rank them for me and can you think of others I should add or any I should leave out?

Q: I am missing above stocks in my Balanced portfolio. Whould you buy them today or in new year? Thank you

Q: These are my only two commodity stocks. They have done quite well. Up around 25% on both. Would you be a long time holder of these? is it wise to trim the position after a decent gain?

Q: I would appreciate your advice on how to manage the more commodity based holdings in my portfolio - in this case, sepcifically Methanex although I hope one day to be faced with the same problem with my oil stocks. I tend to be a buy and hold type and only sell to keep the holding below 7% of the portfolio or if the business rational changes. Is this the best strategy to manage MX? You noted in a question the other day that you were unable to ascertain why it was rising in price. Is it best, therefore, to sell some now (I am up 20% - 30%) and keep it as a smaller holding in the portfolio or with commodities is it best to take a more "go all the way" approach and ride the commodity pricing wave so as not to sell this type of winner too early? Implicit in this strategy is the theory that the company will only do well while methanol prices are high and then the stock will drop significantly at some point. Or is my thinking all wrong and I should treat it as I would any other company?

Appreciate your insight.

Paul F.

Q: Methanex is seeing strong momentum on basically no news that i can find. Can you enlighten me as to what is driving this? General commodity strength or ???

Q: Hi There,
I would like to increase my position in two of the six stocks listed.
Could you please advise which two companies you believe would be the best to add too at current levels.
Thank You

Q: Peter I have 100'000inus funds I want to invest it in Canadian companies who pay dividens in us could you suggest say 8 to 10 stocks that you would consider for this I am retired and it is for income should we go south at any time
Thank you for your advice Pat

Q: Pardon me for my second questions of the day. I own a good amount of material stocks including methanex. Which of these stocks would you foresee the most growth for, 2-3 years out. Thanks

Q: Massive oil rally going on, yet MX has been a timid responder. What will be the drivers needed to propel this stock.
I understand that you hold it for materials exposure, but do you see the same level of growth ahead as you see for other stocks in the BE?
Thanks
Karim

Q: I try to maintain a diversified portfolio. However, I am wondering when you refer to owing "materials" what role metals and other mineable resources should play. For example, I tend not to own metals or mining stocks but instead, I choose to invest in other materials such as chemicals (MX) or lumber (SJ) (and maybe even including CCL as your portfolios list it as materials).

Am I getting "proper" diversification this way or should one also invest in gold, silver, copper assets etc?

Appreciate your insight.

Paul F.

Q: Hello Peter & Ryan,

Could you comment on the latest quarter?

Thanks,
Stéphane

Q: Good morning - Is it time to start easing back into the materials sector? I currently have no holdings in that sector. If your are positive on the sector what stock(s) would you recommend. Thanks

Q: Good Morning,

I would like to add a couple of mid cap growth names to my portfolio for a 2 - 3 year hold. Without regard to sector how would you rank ECN, HWD, MX, CJT, DIV and ZCL? Any commentary is most welcome.

Thanks as always,

Dennis

Q: Hello,

I don't own any commodity stocks except for a small position on AEM. How is this sector doing? Would you recommend holding any other stock for diversification in this sector. Thanks. Shyam

Q: Which has more potential (risk adjusted) return in the short to medium term?

Thanks!

Q: Chemical prices have mostly reversed lower in the last few weeks down over 9 percent. Is it time to sell methanex and lock in profits? It is trending downward. Do you still recommend it?

Q: Currently sitting on a 15% loss on ENGH. I only have a 3% position in MX and SJ. Sectors are not an issue. Would you recommend moving on now from ENGH and topping up both the others?

KC