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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Peter/ Ryan, I transferred BAM in kind from my Margin Account to my TFSA at a loss, do I still have to wait the 30 days to buy it back. Thanks, Nick
Read Answer Asked by Nick on January 12, 2023
Q: I'm not sure if you planned to take in the conference call today or not. RBC put out a one-pager on what Mgmt planned to do, which included a 40% cut to their dividend (creating a new yield of 6%).

Q#1 = As a result of Mgmt's plans going forward, what are your thoughts on AQN now?

I am fortunate that I bought AQN years ago at $5.60 (held in RRSP) and have trimmed (for asset allocation reasons) several times on the way up...as high as $21.10. However I do confess I added recently at $14.75. I still have some funds ready to top-up, but I am on hold for now...just watching.

Q#2 = would you add, hold or sell at this time?

Q#3 = my personal speculation is that AQN will probably just hang around the $9-10 range for a while. My hope is that a potential buyer will show up and take them out. In a November question, you thought the take-over chance was around 25%. With this new information in hand, do you have a new percent chance that they will be bought out?

Q#4 = if AQN does get taken out, would the usual ballpark premium of 30% apply? This would entice me to hang around for awhile.

Thanks...much appreciated.
Read Answer Asked by Stephen on January 12, 2023
Q: Cybersecurity - which are your top two ? - i.e. are the best of the best.

Which of these particular two:

- Has the best valuation?

- Has the best potential growth?

- Is the "safest" and has the best chance at being around for the long term?

- Has the best product / geographic diversification?

- Are both of these considered at the cutting edge?
Read Answer Asked by James on January 12, 2023
Q: I noted and likely your strategy to add to XHY for income and possible capital gains. However, when I looked at high yield corp. bond ETFs, ZJK looked better overall. There is also the matter of CAD hedging. I'm looking to park cash for my 2023 RIF withdrawal this December and I've been using the BMO HISA for this. Can I have your opinion on using ZJK or XHY instead for about 2% higher income?
Read Answer Asked by Earl on January 12, 2023
Q: I have 20 Thousand US Cash in My US RRIF acc't. I am looking at deploying it into 5 stocks for income. I don't have any oil sector stocks or ETF, Reits or banks.Looking for idea's which could bring dividends and growth over time.Tks 5i take as many credits as required. 79 year old.Do not need any money to pay my RRIF monthly payment as I have Can account with ample cash for 18 months
Read Answer Asked by Guy on January 12, 2023
Q: Profitability, why is this so difficult to achieve for LSPD? Is one reason that the CAO and Board are still continuing to be driven or leaning to expansion and therefore changing to control control is difficult to achieve? But that does not make sense because we have heard they want to be profitable in 2024! I am confused. Clayton
Read Answer Asked by Clayton on January 12, 2023
Q: Hi 5i,

Is there an explanation somewhere as to the meaning of the % at the bottom right corner of the Income Model Portfolio? The headings are: Portfolio; Benchmark; Active. An explanation of each line in the chart would help me understand the relevance.

Thanks for the help.
John

Read Answer Asked by John on January 12, 2023