Investment Q&A

Q: Both my parents passed away recently, and we are waiting for the estate to be probated. The Portfolio Manager has put all of the $2,000,000.00 into Pender Corp. Bond Fund Class F-NA. We expect settlement in about 2-3 months, and are being charged 1.5% Fee/annum by the PM, and another 1.5% MER by the Bond Fund.
Do you consider this a safe holding for such a short period of time, especially when we are trying to preserve capitol, not make money.
Do you consider the fees, about $2500.00/month by the PM fair, for virtually doing nothing, and then the additional MER on top of the fees appropriate.
I really enjoy your site, your advice, and you have really helped me make more informed, timely descision with my investing. Keep up all the good work.

Q: With markets at all time highs Is this a good time to look at taking some profits and moving to bonds such as ishares 1-5 laddered Bond ETF or a DEX ST Corp Universe ETF?

Q: 5i gets numerous questions on where to park cash; Rob Carrick addresses this in a comprehensive assessment of Investment Savings Accounts and Money Market Funds in the June 7 Report on Business of the Globe and Mail. Bottom line: ISA's pay 1.25% and MMF's way less.

Q: Can you see any indication of a topping to the present bull market (other than it's length) - investor euphoria - divergerce of indices- excessive P/E etc. ??

thanks Jim

Q: I am selling $40K of mutual funds in my TFSA. I am considering purchasing VCH. DHX, ESL, AYA, GUD. Do you have other suggestions? Thank you

Q: Hi,

Can you please offer your views on US ETF DTH. It is an international ETF with a good mix. Also in this market full of uncertainty is it good to invest in ETF's like FSD (US), PHE (CAD) and RCS (USD). Thanks

Q: CVE....when I look at the chart for Cenovus over the last 4 years it's done little or nothing. The dividend sits at a sedate 3.9% and appears to have attracted a plethora of analysts who are giving it high marks.

How patient should I be?

Q: Peter,

If you were going to put together an equity portfolio for $1mill (say) with a combined goal of income and capital appreciation and medium level risk, how many holdings would you suggest and what would they be ( presumably some from each of your recommended portfolios?)

Q: Wondering what your 1-2 year outlook is for copper and, if positive, which of Capstone Mining (CS), Nevada Copper (NCU) or Nevsun Resources (NSU) would be your preferred play. Thanks

Q: Hi,
I see you have Enbridge in your portfolios, if I was to buy another pipeline company who would you recommend and why?
Matt

Q: Hi Peter, Any news on FLY.v today? Stock is down sharply, I'm not sure if it's just the selling feeding on itself. The chart looks terrible.

The good news is, I've lost half the value in my position so don't have much in $$ terms to worry about. LOL

Thanks

Q: Good morning 5I team!
I start my day with your good advice. You are great educators!
I hold a position in AIF.DB.A in a portfolio that consists mostly of stocks in your model portfolio. AIF.DB.A has done very well for me, and I wonder if I should let it run or take some profit. Thank you.
Ellen

Q: Peter- I have been heavily invested in 4 key stocks. The are Byd, Acq,Avo,and Bad. All have done extremely well and I have done exceptionally well because I have been overextended in each. For example in some of my accounts ie TFSA,RRSP,RRIF OR UNREGISTERED accounts have anywhere from 15% to 23% in each of these stocks. I know I should cut back and I will but I also know these stocks will continue to do well. What percentage should I cut back to and should it vary between my wife's RRSPs or my RRIF or our TFSAs or the unregistered account. With your help we have been able to make very material financial changes to our lives. I never thought I would have $850,000 invested in the stock market. Thank you so much for your help.

Q: What are your thoughts on Whitecap (WCP) vs. Torc (TOG)? Any preference?

Q: Peter and staff
could I please have your comments on Air Lease Corp(AL) on the ny.
Thanks Cal

Q: svy -vs- PD - which and why for medium term growth?

Q: Good morning,
1) I am confused with the reported pay out ratio for BEP.UN. I know you have it in your income portfolio and you have stated cash flow for it is a better indicator. However, when researching various sites MSN has it at 112%; Financial Times at 257% and ycharts at 72.69%. I saw one had it at 545%. Would you mind solving this for me. What does your research say?
2) You recently provided an answer to me regarding "BUYS" in the Capped Utility sector.
What would be your top 4 "Buys' ….. long term, income.
Have a great weekend
Paul

Q: I have held PKI (Parkland) for some years now and am interested in your thoughts on holding the stock for at least another year. Also thoughts you might have on FRU (Freehold Royalties) on holding for another year and ditto for BCE (Bell Canada).

Q: WEF. Western Forest Products is off its highs close to 30% now. The RSI suggests it is oversold.
Would you agree? And would this be a reasonable time to add to my existing position in this stock?
I am still up nicely over the last year and have been looking for an opportunity to add.

On the other hand do you think some of the "steam" is out of the forestry sector?

Thank you.

Q: I have a few stocks on my aggressive watch list that seem to have a lot of momentum. I would like your opinion of them before I consider entering a position. They are BOSS Airboss, MAL Magellan, IT Intertain, VCM Vecina.

Would you know why points PTS has dropped off considerably over the last few days?

I'll be keeping an eye out for your answer.

Thanks again,
Dennis