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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: I have $40,000 to invest in my rrif and am considering $10,000 in each of these companies. Do you have any concerns with any of them?
I'm not concerned about dividend income for these and am concentrating on growth!
Ed in Montreal
Read Answer Asked by ed on December 04, 2019
Q: With long term growth and limited downside protection being the goal. In what order would you consolidate to one name?
Read Answer Asked by Jeff on December 04, 2019
Q: I bought CSH.UN a couple of years ago and have been extremely disappointed. As it has been flat, many other REITs have done well, and it even lags badly behind Sienna, its competitor, since my purchase. Are you aware of any particular reason for its (relatively) poor showing? Would you suggest that a long-term investor hang in, or move on? Thanks!
Read Answer Asked by James on December 02, 2019
Q: Hi,

I'm looking to start investing a lump sum over the next 12 months or so. What list of Canadian stocks would you recommend at current levels? Do you have 5-7 names that you find particularly attractive right now. Looking for a mix of growth and income with not too much risk.

Thanks,
Jason
Read Answer Asked by Jason on December 02, 2019
Q: You recently noted Boston Pizza as being "ok for high risk" portion of income portfolio. Looking at their dividend history I see they cut it in 2011 from 11 c to 8 c and never got back to 11 c until 2016. With the payout ratio as extreme as it is, does this not seem very likely there will be another reduction to the dividend soon.

Thank you

Paul
Read Answer Asked by paul on December 02, 2019
Q: Good morning 5i,
Once again thank you for the excellent service and advice that you give so generously. This morning there was a question about putting Boyd into a TFSA. I had been wondering the same thing. But, you mention that you dont really see it as a high growth stock. I imagine I would be better to put Google in, if I want growth. That means another capital gain, however. The beauty of Boyd is that you have to take the cap gain anyway. Getting to be a long story here. But, how would Parklawn compare with Boyd in putting in a TFSA?
thanks
Read Answer Asked by joseph on November 29, 2019
Q: I bought SLF a few years ago expecting to benefit from increasing interest rates. SLF has been a stellar performer despite the trend of lower interest rates this past year, especially at the longer end of the curve.
I’m certainly not complaining but am a little confused by the strong performance in a weakened rate environment.
Could you shed some light on the reason for their outperformance and prospects going forward. (I’m thinking of taking some profits)
Read Answer Asked by Bruce on November 28, 2019
Q: Good morning, Please comment on Versabank's recent quarter. Also, how does their forward PE compare to similar companies and the big banks? They now have a book vallue of $9.98 vs, stock value around $7.30, why the gap? Also, any thoughts on their new initiatives, specifically Versa Vault. I know you removed this from the growth portfolio early this year, do you think you would put it back in based on growing divvy and new initiatives?
Thanks
Rob
Read Answer Asked by Robert on November 27, 2019
Q: See previous question below - obliviously bad advise + poor judgment on my part Anyway in order to salvage something I bought 200 shares LSPD back today in another account. Am right in assuming that the loss in the first account still stands and that as long as I do not buy any thru that account I will still be able to claim the loss?. Thanks PS do you see LSPD going back to test the $49 high in the next short time ? Appreciate you guidance (win some lose some )


I recently sold LSPD to crystalize a tax loss I sold it on Nov 22 for $29:72 presently its at $31 and change. I sold it after getting your opinion on tax loss selling. When I asked the question I was specific about LSPD and pointed out the risk of the stock increasing beyond the $4599 loss in the 30 day window. (always planned on buying it back. Anyway in the last 2 days the stock has gone up over 2 dollars (I had 800 shares so that approx. $1600) I am getting nervous about the stock rallying. Can I have your thoughts should I buy it back now before it takes off and goes back up to previous high of $49 ? or?
Read Answer Asked by Terence on November 27, 2019