Investment Q&A

Q: Portfolio analytics suggest that I lighten my financial stocks, which of these 3 banks do you recommend that I sell.
Thanks
Nancy

Q: I am concerned about the concentration of FAANG stocks in the S&P 500 index. My understanding is that the concentration of the top 10 holdings in the S&P is near historic highs.

Do you feel this is a real risk? Would you recommend switching from a market capitalization ETF (e.g. VFV) to an equal weight ETF (e.g. EQL)?

Your advice is most appreciated. Thank-you

Q: With the threat of a law suit against MCD would you recomend to sell. ? Thanks

Q: Just wondering about the 7% drop in Superiors price today. Big volume. They’ve decided not to sell their chemical division, would that be a reason or a large trade on the sell side or something else? I own a big chunk for income.
Thanks

Q: SPB just announced their withdrawal from efforts to sell the speciality chemicals business with a consequent drop in the stock price. Just wondering whether you thought this was an opportunity to buy more or a negative indicator on the company?

Q: Would you step in and buy Wynn here given its 30 $ share decline. Any factors others other than the virus to account for the drop? What do you think of the company and the sector, notwithstanding the current viral epidemic ?
Thanks

Q: I hold both The stars group and cineplex and would like to continue with these type of positions to gambling and cineplex type exposure to gaming and entertainment. Is there any possibility for these companies will continue to list on the tsx. I don't want a British stock is my only option to take the buyout.
If so how would you play these buy outs : hold until the buyout or sell now. Also do I need to tell my broker I wish to tender or will it just happen? Thank you again for your insightful assistance. mike

Q: Can you name 8 companies with good balance sheets that I can buy long term bonds in. I may go out up to 25years.

Q: I have positions in each of these ETF's inside my RRSP. Am I paying witholding taxes on any of them? If so - What is the tax treatment if I held them in my TFSA? Also what would the tax treatment be for each if held in my non-registered account?

Q: Can I have your thoughts on this please? I own GH and considering building a basket with that, IOVA and EXAS. Do you like this space and are there any of the three that you would not want to own? Long term, risk tolerant portfolio.

Q: Is this a good time to build a long term position in tcl?

Q: Not sure if this question is in your bailiwick but here goes. I turned 71 last year and converted my 2 RRSPs to RIFs in October. I now have to make at least minimum withdrawals starting this year. I know how to handle my first (Canadian $) RIF - 5.28% of its Dec 31 2019 value. I cannot however find any information about minimum withdrawal calculation for my second (U.S. $) RIF. For example, what US $ to Can $ conversion rates do I use ?Can you help ?

Q: Great program Could you list 5 gold miners that have started a mine or will be starting a mine in the next year?

Q: I would like to know what are your top picks in the materials sector
Thanks.

Q: Many members ask about "green" or sustainable investments. Here's an interesting article from the Toronto Star: (We own Algonquin and used to own Stantec).

https://www.thestar.com/business/2020/01/27/the-global-100-twelve-of-the-worlds-most-sustainable-companies-are-right-here-in-canada.html

Q: I know you are not a fan of mutual funds, and neither am I, but I wondered if you could suggest one for a TFSA that I could buy and forget about for a few years. One that could work well in a TFSA that has a low mer, but a decent return. Thank you.

Q: Hi there, I'm new here and joined after hearing great interviews on Build Wealth Canada. I have a question and am really hoping you can help. I have decided to invest in Asset Allocation ETFs. 60% equities, 40% bond. For both the equity and bond portion I would like equal split of Canadian, US and international (no emerging markets, developed markets only). I need one asset allocation ETF with dividends or interest to buy with my TFSA & RRSP accounts. I need another with no dividend/interest to buy in my non registered account. I am new to this and overwhelmed with how to pick the 2 asset allocation ETFs for me. Can you please recommend 2 that meet my needs? Thank you so much!! Deborah

Q: I currently have about 20% of my portfolio in ETFs which track the MSCI EAFE index (XEF & XFH - about 10% , ZDM - about 10%) . I noticed that Vanguard's international developed fund (VI) tracks the FTSE developed all cap index.

I am wondering whether it would be beneficial, for diversification purposes, to sell ZDM and replace with VI, so that I have a better balance for my international core funds. These two funds seem to have similar compositions, so I am wondering whether this would really make a difference.

What is your view?

Thank-you for your excellent advice

Q: Good day 5i Team,

Would you be able to recommend few tickers for a cover calls strategy? Any suitable companies that are traded on TSE?

Thank you,

Q: Hello. If I were someone who:

1. Wanted to take my time researching and selecting stocks to purchase (perhaps weeks or months between each purchase), and
2. Doesn't yet know how much I'll be investing in Canadian stocks and how much I'll be investing US stocks, and
3. Will be exclusively investing in registered accounts (TFSA and RRSP).

Is it a sound strategy to simply buy one or two dual-listed, broad-market ETFs (like HXS and HXQ) in order to just be in the market while I take my time selecting stocks? This gives me the flexibility of selling the shares in either currency when it comes time to make another purchase, avoiding hefty currency exchange fees.

Or should the increased expense ratio of these dual-listed ETFs versus the cheaper alternatives like IVV and QQQ be a concern? Are there any other flaws with this strategy and/or is there a better strategy suited to this scenario?

Thank you!