Investment Q&A

Q: Are covered call ETF's okay to put in a non registered account vs TFSA & RRSP from a tax perspective vs regular dividend etfs? Does this make things more complicated when filing?
Also what is the opinion of 5i regarding PDF?

Thank you!

Q: I would like to deploy cash held in my Canadian $ brokerage account on the basis that the Canadian dollar will decline in value in relation to the US dollar. I am considering the purchase of ZTS BMO Short Term US Treasury Bond Index. My premise is that this ETF should be very stable in the value of its holdings but will directly reflect changes in the CDN/US $ ratio. Is this correct?

Other than paying the high bank exchange spread or deploying a Norbert’s Gambit transaction, is there a better way to institute this idea? Is ZTS a suitable ETF for this purpose?
Thanks
David

Q: Hi Team,
Would you see the STB is worth holding and dividend cut coming ?
Thanks as always.
Tak

Q: Hi,

What are your thoughts about Open Text's growth prospects in the next year or two?

If the growth is anticipated to be low and the return is going to be just the dividend, maybe I should look elsewhere.

Are there better growth/income options in the tech sector?

Thanks,

Gord

Q: Could you update on Novagold, Cash position and management?

Q: Is this a good entry point for Inter Pipeline? Tx

Q: Are utilities just not the place to be right now?

Q: I am retired, age 65 and I am constructing a portfolio for dividend income which my aim is to have monthly dividend income for cycles 1,2 and 3 for dividend payments. This will be my main portfolio for income.Here is the portfolio I have put together for a unregistered account :
cycle 1: BNS,BCE,SU,TD,GSY,TRP,T
cycle 2: BMO,EMA,RY
cycle 3: FTS,ENB,MFC,SLF,TRI,SLF,NFI,CU-T,AQN,ATD.B,CCL.B
I would appreciate your opinion on this portfolio.Also, I'm sitting in cash in my TFSA and I am looking to possibly put some of these stocks in that account and would appreciate your recommendation on that as well.

Q: For year end tax reasons, is there another oil company that you would suggest to replace Crew Energy with?

Thankyou

Q: I am a fan of covered calls. I am retired and like the income, tax treatment and downside protection. In addition I like the diversity an ETF brings.
I hold all the above but am looking for more diversity. Are there equivalent US offerings? Does BMO have competing products that are more diverse?
Thanks

Q: Hi Peter: Is Peyto exploration's dividend sustainable given the world wide oversupply of natural gas and Peyto not holding any cash? is this (not having cash) normal for these types of companies?

Q: Hi team, I have a small LIRA with only 40K in it which will not be touched for at least 15 years. The rest my portfolio is balanced so no need to worry about sector allocation, etc. I am looking for some growth stocks that I could buy and leave for this time period. I would prefer more medium risk growth stocks versus higher risk US or CAD. I'm thinking of a 10K allocations. You thoughts?
Thanks

Q: Hi, which marijuana stock you recommend the most at this time ? Thank you.

Q: 5i Team,

Thanks for your service.

My portfolio is made up of your balanced equity portfolio + several growth portfolio companies, some large cap US companies & some equity portfolio companies. Very balanced with a hedge towards growth.

I have big winners all over the place, thank you!!!!

I am however down big (approx. 50% each) on 3 small cap names: AT, CRH & ITC.

They are now about 0.5% weightings.. fairly insignificant to my portfolio and I am wrestling with whether I top them up... leave them alone as is... sell and consolidate it into other names in my portfolio (ie. CLS, PKI & CAE comes to mind right now)... etc.

I have no tax benefit to sell as they are all in registered / TFSA accounts.

My question is how confident are you in these names? For a riskier investor, would you be ok with top ups to 1% weightings today? Should I just let them sit and maybe top up during tax loss season in a month or two? Or just sell?

Thank you for your guidance.

Q: Hi,
I have owned OTEX in the past. I recently bought it again around $44 after last earnings report which was good. Since then the stock has been sliding for no apparent reason. Momentum is negative. It recently bought Guidance Software. I thought it may recover but still hovering in low $39s range. I do not like to average down, but if I was looking at it as a fresh investment, it would give me pause to consider. Your thoughts please.

Q: Is this a good entry point?

Q: I normally look up exchange rates on the Bank of Canada website for calculating my ACB for my US holdings but it appears that they only go back as far as 2007 and some of my US holding are older than that. Where is the best place to look up older rates?

Thanks

Q: Hi Peter and Team,
Please give your advice on XTC going forward. Would you think this is a good entry point here for this stock?
Thanks

Q: Hi Peter: When is ALA's acquisition of WGL is likey to go through or is likely to denied by the US regulators. Thanks.

Q: What's happening with MUX? Is it an attractive entry price at this point?