Investment Q&A

Q: Now that I have your model equity portfilio, US and index ETFs, I am focusing on the fixed income part of my portfolio. Truthfully, I'm a bit nervous about fixed income ETFs, as I fear they will go down as interest rates rise, so I've been hesitating to purchase. In a previous post you suggested CBO, XHY and CVD. These look like great ETFs but all seem to be corporate. I will be putting 30% of my portfolio in bonds. Would it be safe to spread it evenly among these three or should I add something with govt bond exposure? I saw VAB which seems to focus primarily on Federal and provincial bonds. If I need VAB would 25% in each of the four work? Also, should I buy it all at once or over time. If over time, how many times should I purchase over what period of time?
Thanks so much for your feedback.

Q: Hi 5I Team,
Panera Bread is a very popular restaurant chain in the US. My wife and I have enjoyed the food there and noticed how busy it is. It recently had quite a drop in share price. What are your thoughts on taking a small position in this Company. Thanks as always.

Q: Free lunch! There's probably one being served for you this week or next if you're a shareholder and go between 11 and 2. This is where you want the better hotels and golf clubs for the best catering, not a convention centre, and be sure to arrive half an hour prior to the start time of the AGM, maybe schmooze with some bigwigs, too.

Our most memorable AGM yet was a few years ago where my wife and I sat cheek by jowl with Pamela Wallin and Hugh Segal to hear the colourful Ira Gluskin hold court on the state of the economy and tell anecdotes such as his Mother griping to him that she hadn't made any money on her GS shares from the time of the IPO, which he assured her she would, in time.

They not all drab and dull affairs. 'Tis the season, so enjoy your dividends.

Q: Hi Peter and Team, regarding Constellation, CSU, sorry to add yet another question here but would you please provide the estimates that you are comparing to compared to the actual results so that we can see what 'consensus was off a bit'? The estimates I get are usually different compared to what you usually provide and therefore have more faith in what you provide from your Bloomberg terminal, thanks.

This way we're all seeing actual results compared to the same estimate/consensus numbers you are comparing to. Thanks again!

Q: Hi Peter:
I have owned HLF shares for awhile, I thought that they are going to split the shares, lately the shares have dropped quite abit, are there any particular news to account for the drop ?
thanks
Michael

Q: Hi, if someone beat me to it just ignore this, but I'm sure everyone is curious on your take on CSU quarterly earnings. At first glance they look good to me but I'm not sure how they compare to the "consensus" numbers. But if they are now at $2.50/share in earnings per quarter, isn't that now just a PE of 20 annualized?

Q: Could we get your quick thoughts on CSU's first quarter results?

Q: Hi Peter.Thanks for all your good work. I did a comparison between Corus Entertainment (CJR.B) and DHX and found on every investment criteria CJR.B seemed to be a superior investment. I understand the greater diversification and larger cap aspects of Corus. Also they may be more at risk from the moves towards video on demand. Still, I fail to understand why DHX keeps going up in price while Corus doesn't, given both have a childrens'programming focus. Any thoughts?

Q: just a comment and suggestion. In looking at being accountable,I look at past results only superficially.Your past results in 2013 were great. What I am subscribing for is for the future performance of your recommendations, whether inside the samply portfolio or in your answer to subscribers, questions. I want to receive your prediction on stocks for the future, at the current point in time. I am not interested in what a stock did last year, last month, only what it will do next month, or within the next year or so. Timing is important as price is truth about that point in time. I pay for research which should make me more money than I would be able to do, without it. many thanks. just my opinion of course.

Q: CSU

Fastest turnaround ever on my question about the CSU AGM - thank you. But if they have not announced the AGM, and I only know about it via 5i as being in their lawyer's office which I don't know, and assuming they don't return my phone call I guess I am out of luck? I understand Mr. Leonard's legendary privacy concerns but trying to come to the grips with the legality/morality/transparency of this approach. Any further comments are appreciated and thanks.

Q: CSU

Noted with surprise the comment earlier today about the CSU AGM being tomorrow. This time of year I am flooded with invites and proxies for other stocks that I hold. For the one I am most interested in, CSU, I received nothing. I am in Toronto so attending is easy. My question: is it mandatory for companies to make their AGMs open to shareholders? I assume not given this example. I called the company number on their website, got an answering machine, and left a message which has not been returned as yet. Any insight is appreciated and thanks.

Q: ESRX
missed targets and down 5-10%. is it time to get out or buy more?

Q: Hi 5i Team,

I plan to establish a long term holding position for NYSE:SCI for the uniqueness of its business, its leading market position as well as relative high barrier. But, I have a little concern about its high P/E and debt ratio.

Looking for your valuable comments.

Thanks a lot.

Q: Does it make any sense to buy 5 year GIC's as part of a balanced portfolio given that interests rates are at all time lows and rates are forecast to rise over this time frame? Thanks. Michael

Q: Good morning,
What do you suggest (1st pick, 2nd pick) from CSU, BAD, STN and AYA today to hold for 3 yrs or so if I'm looking for growth but lower risk is important to me?

Q: I have approx $600,000 to invest over a number of accounts. For example RESP's, RRSP's, TFSA, Investment acounts.

Currently I invest a Maximum of $5000 in each stock that I own.

Would you suggest I only own 25 stocks total for all the accounts.

Thanks for your great service.

John

Q: Hi
Which of the oil and gas stocks do you currently find most undervalued.
I`m interested in those more concentrated on the gas side.
Thanks
Hersh

Q: Could you explain how investors in western Canada buy stocks after the TSX closes at 4:00 EST (which is only 1:00pm to them)?

Q: Csu _ consderin a 10 percent drop in 5 days ahead of esrnings, do you see it a pullback everyboy was waiting for and so a oppurtuniy to add to existing position. Or wait for earnings tommorrow. Still has some room to make it full position. Thanks

Q: I have set up my wife's RRSP account after the model portfolio. Since the start of April the portfolio is down about 3%. When you get Dividends etc. should we wait until we get a larger amount before we buy. Also should we buy the stock that is losing the most or buy the one that is gaining the most.

Thanks for your advice.

John