Investment Q&A

Q: Today's question from Ross, regarding Zacks Research: they've been hacked more than once and IMHO do indeed fall into the 'clickbait' category with lots of 'upsell' links of dubious value. I'd avoid them and stick with more reliable sites like 5i.

Q: Good Day, Curious about your position of using CDR's in portfolio construction. Advantages or disadvantages for non registered, TFSA, RRSP and RESP.
I recently invested in Palo Alto CDR and Applovin CDR (not in your search to add for Portfolio Analytics), also have Amazon and was thinking of adding Microsoft.

thanks,

Q: Hi i Team - I have taken an initial position in Micron, the US version and may consider adding to it. However I am wondering about buying the CDR (CAD Hedged). Are there any advantages to buying the CDR's over the actual stock. I do not have a very clear understanding of CDR's and hedged equities so any clarification of this would be much appreciated,
Thanks.

Q: Could you explain the differences between:
Time-Weighted Rate of Return (TWRR)
Money Weighted Rate of Return (MWRR)
Which method is more accurate or are they compiimentary?
My investment advisor uses the MWRR
Thank You

Q: Just an observation in response to the author of the recent answer provided to John re PNG on the topic of “consolidation”:

In such responses I often find more useful info in a single paragraph than in several financial articles from other providers. That is why I gladly pay. No ads. No fluff. No hook. Just value for money.

In the packaged glossy digital sheen cast by the Internet whose MO is clearly sizzle over substance (and let’s face it, usually pure sizzle), you are the polar opposite. Thank you for your trusted service and your consistently thoughtful, well-written, well-placed insights.

Q: I placed a limit buy order for Biorem that trades on the venture exchange through TD.The trade was placed under review and it was filled 10 minutes later. Any idea why the trade would be placed under review? Thanks.

Q: Hi,
How are the CDR ratios established? Are there any rules or guidance? They vary so much, I do not find any logic. Not simple for investors who want to follow any CDR and their parent stock. Thanks.

Q: How would the shares of TSLA.NE, or other large cap tech US CDR's (eg NVDA.NE, CRWD.NE, PLTR.NE...) , be treated in the event of a corporate transaction such as a takeover or merger. Would shares of the CDR be treated the same as the US shares with respect to any capital gains or shares in a new entity?

Thanks

Q: Please explain the meaning of the numbers in the P:E ratio.
P:E for Kinross today is 15:38
Thanks.

Q: Please advise which fees should I look on ETF ie Management or MER fees. Ex: BMO ETF website FCCM shows .10 as management fees and .38 on MER fees or total fees ( Management + MER)

When I look at the charts does it includes dividends or price only. Is there a website where we have option to exclude / include dividends.

Thanks for the great service.

Q: Good morning, regarding the answer that you provided to Dennis that references diversification and the amount of stocks one could hold, is this taking into account potentially all three accounts (RRSP, TFSA, non reg)? You suggested 15 stocks may be enough for proper diversification. I'm assuming this is spread among all accounts?

Regards
Seamus

Q: This is a follow up to Dennis‘s question on the number of stocks to hold in a portfolio. You have suggested that about 20 (15-25) is all that you need. This may be correct for a conservative investor, but I feel your client base is a little bit more aggressive. Hence 20 conservative stocks, and a dozen more aggressive ones. I have used your advice to help me invest in a dozen smaller or unknown companies of which some have done great, some have done well, some are treading water and some have done poorly. I have started all these at a quarter position, which has worked well over the years. My biggest problem is knowing when to trim the great stocks as a fourfold increase only brings them to a full position. A great problem to have. Thanks for your advice over the years.

Q: Hi,

The other day I sold 300 shares of a company from an RRSP account. A minute later I submitted a buy order for the same amount of shares in my TFSA. Both the buy and sell were for the same price.

Today I received a call from my broker advising that I had broken the rules(?) and engaged in a wash trade.

Can you enlighten me as to what and whose rules I have broken?

Q: What % is a good split between holding hardware vs software names? Barbell approach? Do you think the sasspocalypse is over? We've seen these names bounce off the recent lows and you have days where they are leading and days like today where sentiment swings the other way. I believe the names I hold are of good quality and can be patient while I wait for them to bounce. But then you have the opportunity cost of not buying more AI leading names with positive momentum. For example, do I sell some CSU/LMN/TOI and buy more CLS? Or sell some AXON and buy more NBIS? What would be a good approach? Thank you1

Q: Digital Subscription credit has been discontinued, effective 2025. Does 5i subscription qualify for Investment Advice Fee (Carrying Charges)? Where can I access a receipt for this expense, on the portal?

Thank You

Q: With a 1.7 million dollar stock portfolio is 37 positions too many?? Might I be better off concentrating on fewer stocks like perhaps 25 and still get diversification across sectors?

Q: Hey,

You guys often do some great research that includes lists of companies eg. Stock screeners and others.

What i think would be very helpful to you subscribers is hilite in yellow liner the 2 or 3 stocks that 5i research likes best in the grouping.

I know you list them in order of some quanitative data eg highest to lowest growth rates, but that doesn't necessarily mean that going forward the one with the highest past growth rates has the best future potential for growth.

Would like to hear if you think this would be feasible for you to use on future analysis and lists that you generate.

Thanks


Sheldon

Q: How many stocks/ETFs/mutual funds do YOU own? How many would you recommend? Does this number change based on your age and where one’s at in investing ?

Also, I just want to thank you for your hard work and consistency with your Members at 5i. Your services are life changing for all of us. So thank you again.

Nick

Q: What is “Cash Value in Life Insurance”. I heard there is Tax Benefits. Is there a video or book. Do you know how it works is there benefit for retirement.

Thanks for the great advice

Q: I adhere to a portfolio construction strategy where 5% is a full position but I allow for a "rock star" stock like a SHOP, NVDA or GOOG, to go to 7% at which time I will trim a point or two.

When you suggest a small-cap stock, you often warn against buying too big a position initially, given the inherent instability and risk of a smaller company. My question is, at what point do you "loosen the reins" and allow that stock to assume a full position and when do you allow it to go to (in my case, for example) rock start status? I'm thinking of companies like ATZ and HPS.A. Is it based on capitalization, number of business cycles management has gone through, profitability ratios or is it as much art as science?

Appreciate your insight.

Paul F.