Q: Peter, I am new to 5iR but have subscribed to the Moneysaver for ages. How should I use your model portfolio? should I invest in all the recomended stocks at once for diversification or just pick the individual stocks that I like?
Ron P.
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Asked by Jonathan on February 26, 2014
Q: LUC wondering if you have any further thoughts on Lucara Diamond after its recent results and the company's announced that it will be the first Lundin group of companies to pay a dividend.
Q: Hi! Team,about PMI.V is this Sheaffer fellow knows what he is talking about;or just trying to pump this stock.Do you think his assessment is valid on PMI sudden surge again.Thxs. for yourtime Gerry.G.
Q: A newsletter to which I subscribe has changed their rating on Western Forest to 'sell half' due to it's price appreciation and the valuation being above 'fair value'. Do you agree with this assessment of WEF?
With appreciation.
Q: BPF.UN I been a customer and shareholder for years. My returns have been excellent and the food is good. Recently I paid $28.00 for a four topping pizza at lunch. A menu change including prices had occurred that I didn't notice.
I mentioned the cost to the waitress and the response was " we are getting lots of comments". I'll be watching the next quarter closely.
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Asked by thomas philip on February 26, 2014
Q: Hi Peter
I have been overweight stocks for some time, and while it may still a bit premature, for piece of mind I would like to increase my fixed income weighting to approx. 30%. My feeling is that over the next 2-3 years interest rates in the US will slowly trend higher, and likely even more slowly in Canada. With this in mind, my bias is to allocate towards shorter term corp bonds, REITS, and Preferred issues (recognizing that the latter two are more fixed income proxies more than true plays). For each of these sectors do you think I am best allocating exposure via ETF's (for example, VSC, ZRE and XPF), or do you think that there is a case to be made for buying best of breed individual issues in each class. Specifically in concerns with the ETF approach is that slightly higher rates over time may see a fall in the price of VSC negate all of the dividend benefit (whereas holding an individual bond to maturity will ensure I earn a return), while I understand that there may be inefficiencies within the Canadian Preferred market (pricing/liquidity) which mean that an ETF may not be the best approach here either. Your thoughts would be most welcome. Thanks.
Q: Hi Peter and 5iResearch Team,
Do you like palladium? Is the demand for it increasing, and can you provide your opinion of both it's ST & LT outlook. If you like it, what company would you recommend in this area?
Thank you.
Linda
Q: Hello,
In my TFSA account, I was thinking of buying higher yielding securities and trading them within their range eg BA or CPG. However, you do not encourage active trading and prefer longer term growth strategy in a TFSA; Would you please suggest 3 or 4 lower beta names?
Thanks,
Tony
Q: Re: Owning Rental property vs. REIT's
Hi 5i,
If you feel that this holds no value for the members, don't worry about posting it. My preference is for holding REIT's and this is as a direct result of having been a landlord. We bought a rental property that had long-term tenants. For the first year or two, things went very well, but then the bread-winner in the family developed a mental health issue and things went very poorly. Even though (or perhaps because) the house was only a block away from our house, the issues piled up and the stress in dealing with the tenants (whom we thought of as friends by this point)became overwhelming. Then, unexpected job insecurity at my workplace. Long story short: we sold. While we did not lose money, we didn't make a bundle either, but the stress (for us, anyway) of being landlords was more than we were comfortable with. REIT's, on the other hand, offer far more peace of mind and stability. I appreciate that for every negative story about direct ownership there will one or more positives - but I thought I would share this story and point out that with ownership comes a greater vulnerability to the unexpected. In our case, both "macro" and "micro" issues. You have to know yourself very well to be able to manage these challenges. Best of luck to Andrew either way!
Cheers,
Mike
Q: Hi Peter. I've held Lakeshore Gold for a considerable time. It went to over $4 (I should have sold)and then dropped dramatically and now is slowly recovering. I bought it at $2.50 Its production has beaten forecasts. DO you see it recovering? Thanks for the great work.
Q: If possible could you comment on LUN Lundin Mining. It has the high short position on the TSX at 62 MM shares short and quite flat trading for past year. It is trading below book value at .743 and a PE of 20 What considerations does 5i give PB and PE when looking at mining stocks?
Q: Do you believe there is a sell-off in Canadian tech stocks right now with a rotation into resource or metals shares? Many of them seem to be declining in synchronous fashion lately. thanks!
Q: I know that you 'like' Transforce TFI as do I. My purchase price was $17.03 so I am up roughly 35.5% plus the dividends. I hold 500 shares.
My question whether you think that it is worth adding to my position sort of averaging up rather than down.
Thanks for the input!
Q: Hi Peter and team.
In response to Franks earlier question about DHX's weakness today. I feel it is due to James Hodgins on BNN market call. His opinion is that it no longer has the growth profile since it became a content and distribution play. But that is the opinion of one analyst that I don't share.