Investment Q&A

Q: My daughter is a first time investor and is looking at starting a relatively conservative investment portfolio with a long term horizon. What advice and guidance would you give first time investors when venturing into the market for the first time given that it can be a bit overwhelming?

Thanks
Tim

Upvote 53

Read Answer Asked by Timothy on November 22, 2023

• NVIDIA Corporation (NVDA)
  • View NVDA Profile
  • View Questions on NVDA
• Booking Holdings Inc. (BKNG)
  • View BKNG Profile
  • View Questions on BKNG
• Eli Lilly and Company (LLY)
  • View LLY Profile
  • View Questions on LLY
• United Rentals Inc. (URI)
  • View URI Profile
  • View Questions on URI
• iShares Core S&P/TSX Capped Composite Index ETF (XIC)
  • View XIC Profile
  • View Questions on XIC
• Vanguard S&P 500 Index ETF (VFV)
  • View VFV Profile
  • View Questions on VFV
• Axon Enterprise Inc. (AXON)
  • View AXON Profile
  • View Questions on AXON

Q: My daughter is looking to start an investment portfolio. What would be your top 5 Canadian and top 5 US Picks in the current market for a long term hold? Please include one ETF for Canada and US in your picks.

Thanks
Tim

Upvote 26

Read Answer Asked by Timothy on November 22, 2023

• Mawer Balanced Fund Series A (MAW104)
  • View MAW104 Profile
  • View Questions on MAW104
• Vanguard Balanced ETF Portfolio (VBAL)
  • View VBAL Profile
  • View Questions on VBAL

Q: Peter; Can you compare returns of the above two and which would be your preference? Thanks.
Rod

Upvote 2

Read Answer Asked by Rodney on November 22, 2023

• Miscellaneous (MISC)
  • View MISC Profile
  • View Questions on MISC
  • View Reports on MISC

Q: Hi there, I'm thinking of moving some of my investments over to Wealthsimple Trade (WS), which I believe is their self managed online brokerage. In your opinion, would my money be safe with their platform? Do you see any red flags, relative to the Big 6 brokerages? Thanks!

Upvote 6

Read Answer Asked by Michael on November 22, 2023

Q: Do you know a good financial online site that tracks the Nas and N.Y. daily Highs ?

Upvote 1

Read Answer Asked by Lorraine on November 22, 2023

• Argonaut Gold Inc. (AR)
  • View AR Profile
  • View Questions on AR

Q: You recently answered a question on Argonaut Gold. You mentioned that there would be more information to share after its results on Nov 14th. The price has been falling sharply. Are there new reasons for concern? Buy, hold or sell? Thanks.

Upvote 4

Read Answer Asked by Brian on November 21, 2023

• Stella-Jones Inc. (SJ)
  • View SJ Profile
  • View Questions on SJ
  • View Reports on SJ
• Russel Metals Inc. (RUS)
  • View RUS Profile
  • View Questions on RUS
• Stelco Holdings Inc. (STLC)
  • View STLC Profile
  • View Questions on STLC
• West Fraser Timber Co. Ltd. (WFG)
  • View WFG Profile
  • View Questions on WFG
• Doman Building Materials Group Ltd. (DBM)
  • View DBM Profile
  • View Questions on DBM

Q: What would be some investments that would benefit from the potential residential building boom that is being incented by Federal money in Canada?

Upvote 6

Read Answer Asked by Maria on November 21, 2023

• Brookfield Renewable Partners L.P. (BEP.UN)
  • View BEP.UN Profile
  • View Questions on BEP.UN
  • View Reports on BEP.UN

Q: I was surprised to see a decrease in revenue for Brookfield Renewable considering the industry in which they operate and the inflationary environment. Can you please explain the cause and your thoughts on revenue growth going forward. Regards,

Upvote 17

Read Answer Asked by Pierre on November 21, 2023

• Canadian Pacific Kansas City Limited (CP)
  • View CP Profile
  • View Questions on CP
• Brookfield Infrastructure Partners L.P. (BIP.UN)
  • View BIP.UN Profile
  • View Questions on BIP.UN

Q: i am thinking of switching from CP (2%) to BIP. Looking for growth and div with this move.
Don't like CP drifting lower.
I already own 4% BN. Do you think BIP stock can grow faster then BN?

Upvote 8

Read Answer Asked by JR on November 21, 2023

• Tourmaline Oil Corp. (TOU)
  • View TOU Profile
  • View Questions on TOU
• Whitecap Resources Inc. (WCP)
  • View WCP Profile
  • View Questions on WCP

Q: Hi Team
Which of WCP or TOU would be best for a long term hold in a LIF account?
Thanks

Upvote 6

Read Answer Asked by Gary on November 21, 2023

• TransAlta Corporation (TA)
  • View TA Profile
  • View Questions on TA

Q: Please comment on TA's growth and financial outlook released today. Does the stock represent relative good value (risk/return) at this price level? Thanks

Upvote 1

Read Answer Asked by Michael on November 21, 2023

Q: Hello 5I,

Do you know of a good financial online site that tracks the current spot price of Gold?

I use TD Webroker and regular gold price updates our far and few between?


Thanks for your help

Stephen G

Upvote 2

Read Answer Asked by Stephen on November 21, 2023

• Birchtech Corp. (MEEC)
  • View MEEC Profile
  • View Questions on MEEC

Q: I noticed where they came out with some more information, which moved the stock higher. I was wondering what your take on the announcement is. Thank You

Upvote 1

Read Answer Asked by Earl on November 21, 2023

Q: What can you tell me about this company and is it a buy, sell, or hold. Thanks for your good work and I will wait for your answer.

Upvote 1

Read Answer Asked by Earl on November 21, 2023

• TJX Companies Inc. (The) (TJX)
  • View TJX Profile
  • View Questions on TJX

Q: Could you update your thoughts on TJX? Is this a good time to buy this consumer discretionary company given the uncertainty around the strength of consumer spending over the near term? Thanks.

Upvote 4

Read Answer Asked by Stefan on November 21, 2023

• Fortinet Inc. (FTNT)
  • View FTNT Profile
  • View Questions on FTNT
• Palo Alto Networks Inc. (PANW)
  • View PANW Profile
  • View Questions on PANW
• Qualys Inc. (QLYS)
  • View QLYS Profile
  • View Questions on QLYS
• CrowdStrike Holdings Inc. (CRWD)
  • View CRWD Profile
  • View Questions on CRWD

Q: I'm interested in getting into the cyber security sector, My research indicates PANW is the company I should consider. Please share your thoughts on the company and if you think it is currently a good time to buy.

Upvote 4

Read Answer Asked by Les on November 21, 2023

• MARA Holdings Inc. (MARA)
  • View MARA Profile
  • View Questions on MARA
• Riot Platforms Inc. (RIOT)
  • View RIOT Profile
  • View Questions on RIOT
• CleanSpark Inc. (CLSK)
  • View CLSK Profile
  • View Questions on CLSK

Q: Any specific reason for the significant gains today in CLSK, RIOT and MARA other than bitcoin price ?

Upvote 2

Read Answer Asked by Thomas on November 21, 2023

• Toromont Industries Ltd. (TIH)
  • View TIH Profile
  • View Questions on TIH
  • View Reports on TIH

Q: Would you consider this a buy now or wait?

Upvote 4

Read Answer Asked by Brian on November 21, 2023

• Alphabet Inc. (GOOG)
  • View GOOG Profile
  • View Questions on GOOG
• AbbVie Inc. (ABBV)
  • View ABBV Profile
  • View Questions on ABBV
• WSP Global Inc. (WSP)
  • View WSP Profile
  • View Questions on WSP
  • View Reports on WSP
• CrowdStrike Holdings Inc. (CRWD)
  • View CRWD Profile
  • View Questions on CRWD

Q: I have some funds to invest and am considering the above stocks. Please indicate whether these stocks are better held in an unregistered, TFSA or RRSP account. Please rank these stocks on a 5 year hold. Thank you

Upvote 7

Read Answer Asked by Don on November 21, 2023

• Veren Inc. (VRN)
  • View VRN Profile
  • View Questions on VRN
• Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
  • View BIPC Profile
  • View Questions on BIPC

Q: I am considering averaging down on both of these. CPG due to their recent purchase and BIPC due to interest rate increases.
What are your thoughts. One guest on BNN suggested averaging down this am on BIPC.
Your thoughts please and thanks
Rick

Upvote 7

Read Answer Asked by Rick on November 21, 2023