Investment Q&A

Q: LaSalle Hotel Properties (LHO
Please evaluate LHO’s prospects for the next few years. Is LHO a dividend growth company. Is it well managed; does it have good fundamentals.

Do you believe it might be more interest-sensitive than its peers?

I have enough Canadian REITs which I have held for 4 or 5 years. I have been generally disappointed.Nevertheless, if you still recommend a Canadian company in lieu of LHO.us, I would welcome your opinion and your reasoning.

Q: What do you think of TAP for the next several years after its recent weak guidance? Too early to buy?

Q: How often should one look at rebalancing portfolio for proper allocation?

Q: My tech sector consists mainly of these three stocks which I knew was too heavily weighted - but I did not want to jump off the bandwagon.. Today that weighting is about 17% of my portfolio - going down. What percent weighting would you advise now? And would you advise reducing all three across the board by the same percent or treat each differently? Or maybe dump one?

Q: Hi 5i,
Just a comment on Nino’s question and your answer about the choice between paying up for a REIT ETF like ZRE/XRE versus holding 8-12 individual REITs. My choice has been the latter and I have been happy with it. Your answer suggested that rebalancing 12 holdings annually would cost $120 at $10 a pop. My experience has been that the reality is much less than that. Because the REITs tend to move as a group more than their individual movements relative to the group, in holding 8-12 decent quality REITs I haven’t had to do more than 2 or 3 rebalancing transactions in any given year. Except for a couple of extraordinary years my REITs have really been low maintenance holdings. Cheers!

Q: VSB looks to include both government and corporate bonds. Is owning VSB the equivalent to owning CBO and CLF? Looking to reduce number of holdings and the MER on VSB is attractive. Is there something similar that includes corporate and govt short term bonds that you like better? Thank you for all that you do!

Q: At the beginning of the year I had to liquidate 30% of a taxable portfolio. I managed to sell stocks that minimized my income taxes, however, as a result I sold all of my Financials, Materials, Utilities and Energy stocks. I now have 10% to add back and will be contributing another 20% sometime later this year. I do not think I will be needing these funds anytime in the next 5+ years. I am looking at taking half positions in PKI; GSY; BEP.UN and AEM. Your comments about my stock selections would be appreciated.

Q: Rising rates are good for the banks, at least in the US. So how come when the Bank of Canada deputy governor muses about Canada having to hike rates sooner than expected all the Canadian banks drop?

Q: Hi guys,

I am in this for the long run , but this seems to be falling like a rock and making be real dizzy with the volatility. Can I get your professional opinion with what's going on with this one.would this be a time to buy more ?

Thanks.

Q: Hi Peter &Ryan
I am currently sitting on about 30% cash as I just had a pref called on the US side .
Would you sit on cash right now or jump back into the market and if so could I have some names of Can. domiciled companies that trade in US $.
The balance of my porfoilo is reasonably balanced so I could add to any sector.
I am looking for div stocks and capital preservation over growth.
Kind Regards
Stan

Q: I currently have, in ETFs, 20% in U.S. (VTI) and 10% in international (5% in VEF and 5% in VEE). I'm thinking that long term my U.S. and Int'l should be equal weight as one never knows what countries will perform the best. What are your thoughts on this and recommendations? Thank you.

Q: Greetings, I've always had a bit of a difficult time understanding bond ETF's or more specifically how they may be expected to react to economic events. Some observers interpreted recent comments from the BOC as perhaps indicating they may not be as opposed to a rate hike as they have been for the last 7 years. If rates were hiked even a little in Canada, I assume bond ETF's would react somehow. Does it depend on the nature of the holdings? Or is the underlying reason for the rate hike more important? Could a bond ETF ever respond neutrally (or even positively)? I think I understand how an individual bond reacts, and how if I held it to maturity it really wouldn't matter, but I am thinking specifically of ETF's like VAB and CLF. I would really appreciate your thoughts,
Thanks

Q: PSI.US is an ETF in the U.S. semiconductor industry.

I recently made the mistake of loading up on two of its better performing stocks, NVDA and LRCX.

Do you like PSI.US?

Thanks Peter,
Don

Q: If you could buy one of these 2 stocks for 5 years which one would you choose for a RRSP account? I currently have PBH and want to add another Consumer non cyclical.

Thanks

Q: With no tax implications, how would you feel about a switch from IPL to ENB as a long term hold.

Q: Please list these stocks in order of preference for a purchase today. At present I already own BEP.UN and AQN. Also, does adding a third stock in the renewable energy category result in over-exposure? Thank you.

Q: Hi,
I currently dont hold any tech or insurance companies. The rest of my portfolio is fairly diversified. With the recent tech pullback and also rumors of rate hikes where do you see as being a better long term investment? I like to think in terms of at least 3-5 years. All drips available will be used. Currently I have one full position worth of cash available. Am I better do you think to put it all into one or split between some? Do you see somewhere better to put the dollars to work?
Thanks

Q: Dr in the last year has dropped fro 23 to 16 $,it now has changed leadership.It does pay a nice dividend and do you see an uptick potential here as well ?

Q: Hi , With the recent pullback in "tech" and the theory of "follow the money", where do you see the money going to?
thanks
Rick

Q: ATD.B has been flat for some time. I have a very substantial profit in this stock and it occupies 6.5% of my RRSP. I am considering a partial sell of ATD.B and a small buy of CCL.B, DOL, or BYD.UN. Is this a reasonable tactic or should I avoid chasing these 'hot" winners and be a little more patient? Joe