Investment Q&A

Q: I currently own TD and SLF in financials. I am very dissapointed in SLF's performance. I thought it would do well when interest rates increased. We've had two rate increases and I'm down 5%. I was thinking of replacing it with BNS. That means I'd have two banks, one with US exposure and the other with international exposure. What are your thoughts on this?

Q: Thanks to 5i I have a well diversified Canadian portfolio. I have been augmenting it with Large Cap US stocks that expose me to markets that are not available to me through the TSX and most of these US names have done very well for me. I am comfortable with being more concentrated in my US holdings as my Cdn investments make up 75-80% of my total portfolio and are well diversified across sectors. My US holdings are in a non-resgistered account and break down as follows:
AAPL - 35%
AGN/REGN/BIIB - 15%
BAC/MS - 27%
LYB - 3%
PYPL - 8%
SWKS - 7%
WBA - 5%

AAPL has done so well for me over the past few years that it is now a large part of my US exposure. My microchip stock (SWKS) has also done extremely well, but it is closely tied to AAPL. My question is given the current announcement by AAPL and its strong recent performance would you be inclined to take some profits off the table or let the "winners continue to run"? I have a reasonably high risk tolerance but do not want to be unduly foolish/greedy. Would you suggest any other changes to what I am holding? What would be your top 3 or 4 US stocks to augment this portfolio?

I value and appreciate your guidance.

Many Thanks
Scott

Q: I have a question about ZZZ.
The stock has been in a downward spiral since I bought in in early August.
What is you take on the reason for the daily drop in price.
Would you average down at this level ?
Thanks as always, Steve.

Q: Can you tell me anything about the news released recently? It seems good to me but the stock is dropping.

Q: Recently recommended on BNN. What do you think? How high is it's debt, and will servicing it be an issue? I understand it's much cheaper than Cineplex. Nice dividend. Is it sustainable? Any other comments would be appreciated. Thanks for your great service.

Q: Can you compare these two companies and provide your preferred choice for an investment today? Many thanks.

Q: Hi,
What's the best account to hold VEE?

If you want to hold an emerging market ETF, then is it just a fact of life that there will be withholding taxes? Or is there some way around that?

Thanks,
Robert

Q: A few of your employees own this. It has dropped off a few per cent in the last few days. Any reason? Also, before I logged in I think on Sept. 11 you were talking about two stocks that had a rating change - one up - one down and basically when I logged in I could not find this. Where do I go to find rating changes? Sorry Ryan for asking a lot of questions at the Money Show - but I really appreciated your presentation. Dennis

Q: Can you please recommend Canadian and US preferred share ETF's as fixed income part of my portfolio. Would rate reset preferreds perform better in a rising interest rate environment?

Q: Any reason for the huge 2.6m volume on price increase of0.05 today? Thanks for u usual great services & views

Q: How do you think the hurricane destruction of the Caribbean will affect BNS? I know that they have operations there but how much revenue/business comes from that area of the world? Do you think it is worth holding off buying for the moment or do you expect the hurricane to not have a material impact?

Q: I bought some AGI on the big drop yesterday. Would it be better to sell it and replace it with RIC in case they get a better offer. Also can you explain the big drop, did they pay too much for it. If the deal does complete, what do you think of AGI then?

Q: I own a 3/4 position in SIS. Is it too late to raise it to a full position now that it's up 8 percent today? Do you think it will pull back a bit?

Q: Is there a way to download webinars or other material from the Money Show. I would have liked to attend, but was unable to do so. I'm fine with paying for the materials. It all sounds very interesting to me.

Q: I am a Richmount Mines (RIC) shareholder. In view of the recent takeover annoucement by Alamos Gold (AGI), what are my options? What is 5i recommendations?

Q: Could you comment on BIP's announcement today and why the new equity raise caused such a large drop in the share price.

Q: Hi Guys
What contributes to the wild swings in BIP.UN stock prices?
Many thxs
Wayne

Q: I am a little confused by a comment I read in the financial press which suggested that insurance company stocks may actually be poor buys now because rising interest rates lower the value of their significant bond portfolios. I thought that rising interest rates would aid insurance companies by making their long term liabilities more manageable.

Is this the same type of comment that is voiced by some talking heads complaining about current rising interest rates hurting the economy while you point out that rising rates means the economy is improving, a viewpoint that is confirmed by most data and the continually rising market itself.

So is the comment on rising rates being bad for insurance companies simply a comment from some guy who is trying to be different just to stand out or is there validity in this thinking?

Appreciate your insight.

Paul F.

Q: I hold the above preferred TA.PR.H CUSIP 89346D727
Holders have been given the following conversion privilege option:
Conversion-to convert on a one to one basis any or all of their cumulative redeemable rate reset series E ist pref shares of TA corp INTO Cumulative Redeemable Floating Rate Series F ist pref shares of TA (89346D719)
Is it better to convert or not and an explanation would be helpful
My sincere thanks

Q: I know Peter recommended this on BNN. Can you reiterate the reasons please. Thanks for all your VALUABLE help :)