Investment Q&A

Q: Hi folks. What constitutes a 'portfolio' of stocks when it comes to ensuring sector diversification, maximum value/percent of individual stocks, etc? Fund managers seem to look at each of their funds as an individual portfolio, but how should a retail investor approach his/her stock holdings.

My wife and I own around 40 different stocks in a number of accounts, including non-registered (60%) and registered (40%). Should we treat this as one portfolio of 40 stocks? Or two separate portfolios for non-registered and registered, with the latter including all stocks in our RRSP, TFSA and LIRA accounts lumped together? Should each account be a separate portfolio, noting that a couple of accounts are relatively small (around $25,000) and comprise only a few stocks at present? Or is there some other approach we should use?

Thanks as always for your valuable advice.

Q: In your model portfolio what does P&L% mean?
thanks.

Q: Is Petronova (PNA:TSX)worth holding as a speculation
in oil exploration. Ir was recommended a couple of
yrs back by a Sprott fund manager, and haven't heard
anything about recently. I would appreciate any insights
you may have in this sector and country. Great service,
keep up the good work.

Q: Hi Peter and Team, may I please have your thoughts and opinions on Bonterra's, BNE, results? Your outlook on the stock for the next 6 to 12 months, without a target price of course, would be greatly appreciated. Would you consider this more of an income stock with steady growth now? Thanks!

Q: I am currently down $5 on Telus bought at $35 and am considering selling since reports indicate that the Government is not going to change the rules regarding new entrants to the Canadian wireless scene.
I am proposing to switch into Autocanada which you recommended on BNN last night. Am I overly worried about the entrance of Verizon in Canada? Is this a good decision?
Thanks David.

Q: Teck is up probably 4 bucks in the last month. Do you think this will continue or will metal stocks drop back again? Teck is my only metal producer. THANKS.

Q: Hello 5i
Any ideas on Donner Metals DON.V the price is down to 0.025 today on issues with 3 mil financing came in at 0.4 average down or run away?
Thanks
Rod

Q: Wondered if you had any thoughts about the decline of Leisureworld (LW: TSX) with no news lately, and earnings release after close today?

Q: Hello 5i
Bought SLV for 10% profit 2 questions
1) Is this a good to leg back in or wait for pull back what is your opinion on Silver
2) Is there a better way to play silver ETF in Canada with out American currencies issues
Thanks
Rod

Q: Peter,

CMI keeps chugging along and I like your earlier comments and what I see on the company's website, although some of their data tends to be dated. Do you have any plan to do a report on the company or is it too small ?

Q: I would like to add Gold and silver sector to my portfolio. Which would you recommend for growth.

Q: Thank you so much for the question section. It has become a daily read for me and has shown me different ways to look at my investments. This section is priceless.

Q: Hi 5i team,

Rifco reported today and it appears to be an excellent quarter for them with record figures, but the stock hasn't reacted much. Any additional thoughts on their quarter? Would you recommend continuing to hold this stock?

Thanks as always,

Q: Hi Peter & The team, I recently bought LEG -Legacy oil & Gas. I am not as proficient as you are, however, i thought that the financials were quite descent for Q2. I do realise the large debt position they have , however i thought the cash flow was ok. Would you enlighten me and share your thoughts? Thanks

Q: Hi Peter:
I enjoyed watching you on BNN last pm
I have positions in MG and a small position in LNR
both have done well, I wonder if it makes sense if I have
more cash coming in to put it in LNR or put in a position in
MRE ?
Both LNR and MRE pays a small dividend which helps !
Thanks

Q: Expectation of higher interest rates:
1. Is this an accurate statement (or likely to be): As interest rates rise, REITS, bonds and similar equity investments will drop in price while insurance companies will see share price increases.
2. If that is correct, why will higher interest rates help insurance companies?
3. Would banks see a positive effect as well?
4. Any other likely beneficiaries?

Thank you so much for this great service.

Q: Please comment on Redknee'(RKN) latest quarter. I have a small position and I am thinking of increasing it to a full position. Thanks, Tim

Q: Hi. I've been a member for 4 months and am happy to say you've already helped me make some money...both from buying better companies, and holding onto gains longer. Thanks very much, and I intend to stay with this service for a long time! It's a great service!

Having said that, can you help clarify how you remain 'conflict free'? I'm sure over the years that you, Peter, and your staff have managed to accumulate some investable wealth, yet you don't invest in the stocks you talk about. So what do you invest in? I know you don't have your money sitting in a bank account earning less than 1%.

In the FAQ section it does say your staff can invest in US stocks. While you do make it clear that Canadian stocks are your focus, there are numerous questions and answers regarding US stocks as well. If there was a question on a US stock that you or your staff owns, would you decline to comment or mention that you own it? Care to share with us which US companies are currently owned?

Much appreciated...love the service!
Ian

Q: EIF has dropped over 6% today after reporting yesterday. I would appreciate your comments on this (perhaps overly) negative response by investors. Do you believe the dividend is safe?
Thank you for this great service.

Q: What is your take on Paladin Labs(PLB) latest quarter? Would you prefer this over Cipher (DND)

Thank you