Investment Q&A

Q: If oil prices stay higher for longer, a period of stagflation becomes more likely. Was gold/gold stocks a good sector to be in during the last stagflation, and would you recommend it as a sector to overweight today?

Q: Would you sell or hold FICO?
Thanks

Q: I get that Bn doesn’t have same credit risk exposures as many of the private credit providers but I wonder if Bn is effected if these companies such as Apollo, can no longer participate in new projects as their outflows may be too high. I believe Bn doesn’t provide 100% funding for its large investments but comes in as one of a group of players, if other players are stepping back will Bn have to slow its rate of investment?

Q: What is causing FICO to keep going down?

Q: Hi.
Just doing my taxes and note a discrepancy between the broker generated proceeds of disposition and the T5008. The difference is that the T5008 includes as proceeds the rollover amount from RPI.UN to RIC. I thought this was a tax deferred rollover. Was there anything that I as a shareholder had to do to secure this or is this an error on the T5008?

Q: Could you recommend some Canadian financial planning books for Seniors? Particularly, for estate planning and tax savings.
Thankyou

Q: Retired, dividend-income investor. Long term holder of HHL with a full position. It is my proxy for the health care sector.

Looking at your "total return" chart (capital gain + distribution) over multiple time frames, it appears to me we may be approaching some significant support in the $6,50 to $6.60 area.

Would you agree that the risk-reward ratio is swinging in favor of adding additional funds? Or, do we need to continue to sit on our hands and wait for a change in USA Healthcare Gov't leadership?

Happy to continue to just sit......Steve

Q: I am thinking of adding one of these 2 beaten down health related ETF's to my holdings. I wonder if you can tell me if you feel either or both are at risk of further decline due to Trumps RX plan, and/or their exposure to the US healthcare system which seems to be under attack by this administration?
Do you have a preference for one over the other, or do you have another name in this space that you like, and how safe do you feel the dividend is for each of them?
I am looking for a steady reliable yield and prefer ones that trade in Canada. Thank you.

Q: Good morning,

Would you add META as a core full position right now? Could I get your current thoughts please.

Thank you.

Q: Is there any inherent or unreasonable risk in having one's entire portfolio in a single ETF such as XEQT or VEQT? This would be under the scenario of buying a position and holding for an extremely long time frame eg 30 - 40 years. Given the complete diversification of either of these ETFs, is there a better approach than having all your eggs in one basket?

Q: What would be your ranking to purchase? Risk tolerance/volatility is not an issue.

Thank you for your service!

Q: Hi Peter
of the royalty companies for oil and gas
PSK , Fru, tpz
which one do you prefer
or is it better to own SU, CNQ TOU etc?
please explain, thanks
Michael

Q: This stock has seen a consistent decrease over the past while in an environment where energy / utilities have rallied and when HALO stocks have gained traction.

Is there something missing as it seems TA has solid growth for a utility and is based in a province where energy abundance + population growth + favorable government + data center opportunities + Brookfield ownership / partnership all seem to be favorable tailwinds.

Am I missing something as this seems to be a good idea for growth and was recently on the Best Stock Idea list.

Q: GRGD is down 35% from its high and ATZ is down 25%. Do you still like both of these clothing retailers, and which do you think is the better buy at the current price?

Q: Question about middle east . You ve already answer how someone can be positioned in case the conflict stop in 2-4 months and I am well positioned (gold , BTC, tech stock ) the more I informed myself on that war the more I see there is a definitive path for it to last longer . I ve learn how supply routes , production, refineries take a long time to go back on track and the longer it gets , the more complicated it is. It’s not only oil but nat gas too. Qatar facilities have been majorly affected and the Qataris say it will take 2-3 year to rebuild. And this is as of today . So I’m trying to think 1st 2nd and 3rd degree effects. Could you advise on how an investor could position a part of its portfolio for a longer lasting war . They are a great series of pod cast about that in the last 2 weeks on Odd Lots for those interested. Please feel free to propose various ways , ( I know Nutrien is a good example) on how I can allocate a part of my portfolio to gain / hedge on that possibility. Can be through etf, commodities, sectors , specific companies etc. ideally getting some upside with not crazy amount of downside if war does finish soon(ish) . That would also be a great subject for your podcast . Thanks !

Q: The current BNS CEO took over in Dec 2022 I believe. I understand that turning around a ship as big as BNS takes time, however, it is now three years later and charting comparative performance over the past three years shows a weak performance in comparison to other banks. In your view is it time to switch to a different choice or should I ride this horse another quarter or two?

Q: I’ve been puzzled over PBH’s share price for several years now, my cost is ridiculously low so I’ve been loathe to sell. BNN guest today commented on debt levels being a concern. The company’s recent commentary explicitly talks about selling some holdings and the goal of de-leveraging the balance sheet. One thing I’ve learned from 5i is the danger potential of debt. Do you have concerns? And how does a company that is acquisitive by nature “square the circle” with reducing its debt? Thanks for your thoughts.

Q: I am hearing concerns about private equity. I understand it's mostly about debt concerns. Can you summarize the concerns.

I'm not sure if BN is part of this but have always been a bit concerned with Brookfield's opacity.

BN and its related companies (BEP, BIP, BAM) make up a fairly significant chunk of my portfolio (c.20%) because I've had a lot of faith in them.

I wonder about your level of faith in them or whether concerns over private equity warrants a bit of a pullback.

Kevin

Q: I have recently initiated a 3% in Cameco based on matching the growth portfolio and recent recommendations on questions. However less than a week later a question stated that there is negative momentum with critical minerals and investors should wait for a bit. This seems like a large shift in sentiment in a short period of time, has an event or news changed your opinion on Cameco? Valuation? I’m now unsure what to do with my position as I don’t want to hold a stock with negative momentum when there could be better options at this time. Would you sell and replace with something more positive? If so do you have 3 recommendations? (Sector does not matter)
Thank you for your great service!

Q: What are your three best midcaps and large caps with reasonable dividends? Am i too late to the parade?