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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hello

I sold some MX stock for tax loss purposes. I would like to know if you still consider the company as a reliable one and if you recommend buying back the stock in the hope that it will do better in 2020.
What drives the price of methanol? Is the price down due to China/ Us trade war or it is because of China and Canada tension? Is the stock tied to oil demand and price?
Do you see the price moving in an upward trend in 2020 with their 6 year gas supply deal with Chile operations?
Based on your analysis, what is your overall view on MX?

Thanks

Read Answer Asked by Kristelle on December 10, 2019
Q: Hi 5i,

I've dumped some underperforming stocks this month to harvest tax losses and so now am sitting on some cash to deploy.

Notwithstanding that I may repurchase a few that I still like after 30 days, I would love to get your "as-of-this-moment" Top 3 Canadian equities that you would throw some money at if it fell into your lap.

Criteria would be:

1. Must be Canadian
2. Sector is irrelevant - assume its a small part of a wider, well-balanced portfolio.
3. Dividends not relevant
4. Held in a cash account
5. 3-5 year hold

Thanks!
Read Answer Asked by Ryan on December 09, 2019
Q: Hi Team,
Can you suggest similar sector/quality stocks to replace the following stocks which I like to do the tax loss selling and would like to stay with the sector !
PD - loss 39%
MX - loss 32%
TCL.a - loss 25%
VET - loss 30%
WFT - loss 15%
Please deduct my credits as needed.
Thank you as always !
Tak
Read Answer Asked by Tak on December 02, 2019
Q: Which 6 top Canadian companies do you consider the best tax year selling purchase for this year?
Read Answer Asked by john on November 29, 2019
Q: Questions about two companies but with the same overriding issue - what to do when a company you liked, and continue to like, has dropped to become a smallish portion in your portfolio i.e. >2%. I try to maintain a focused portfolio but in both cases, these stocks have fallen due to their lack of performance while the rest of the portfolio has continued to perform. Is it best to top each up to at least a 2% - 2 1/2% position, just leave them or sell either/both?

I appreciate your insight.

Paul F.
Read Answer Asked by Paul on November 22, 2019