Investment Q&A

Q: If someone stopped you on the street and randomly offered you $1720 US cash or one ounce of gold, which form of wealth would you take? Assume both the cash and gold are real, of equal value, there's nothing suspicious, and that the decision doesn't depend on any special circumstances or conditions or taxes.

Q: Good morning:
What are the chances of 5i focusing on us stocks as well and not just Canadian names. If you guys own names in the states , wouldn’t it be beneficial for subscribers to own some of the same names south of the border, so we all have skin in the game. A portfolio of us stocks would be be a great addition .
Thx
Mark

Q: Hello,

Where can one find out about new IPO's? I seem to always here about them after a good 2-3 day pop. Marketwatch.com seems like one option. In addition to a simple list, how can an individual investor best familiarize themselves with the upcoming IPO's? How would your team do it and do we have access to the same materials? Zoominfo and Royalty Pharma are two examples of companies I wish I had known about and evaluated in advance.

Q: Should the Share impact of joint the Russell 3000 June 29 come Into effect before or after that date and what should the price impact. They project massive sale growth of ventalators this quarter what Metrics eg new price Earnings should I be looking for to Judge a fair trading price?

Q: Yesterday, I did the Norbert's Gambit for the first time. It went smoothly. Thanks for the Q & A on it.......One learning, ask for the journalizing to be done inter-day as that then allows for DLR.U:CA to be sold shortly after the transaction is done.... I used Scotia iTrade and the result was a 1.6% saving compared to doing it at a bank like RBC........Again thanks for the "tip"....Tom

Q: Can you shed some light on the high volume of trading today especially for blue chip stocks. Many traded at 10x usual volumes, some with sharp declines at market close.
Thanks

Q: As a part of our duties as Powers of Attorney for a relative it looks like we're going to need the services of a stockbroker.
We're sitting with a miscellany of share certificates he accumulated from the nineteen fifties through the seventies. Some of the issuers are clearly long gone (e.g. Nortel Networks) but others are or appear to be still trading. He wants to liquidate these holdings to tidy up his estate.
Some of these shares have changed name through the years.
Any suggestions on how best to deal with this situation?
Many thanks in advance.
Mike

Q: The government insures up to I believe 100,000. of cash in a bank, correct. If I put my money in a T-bill account at my brokerage the brokerage guarantees up to 1 million. Is that correct and if so would it not be better to keep your money in a brokerage?

thanks, Jean

Q: What's with so many stocks trading at above average volumes today? Is this related the TSX index changes for Monday or are there other factors.
Is it a quarterly balancing?
I think ETFs sort out their positions about this time of the year for equal weight ETFs for example.
I often see above average volumes at month end which I thought was funds trying to make their month end holdings look better.
Thanks for your professional opinion.

Q: You have said in previous answers that you view most analyst price targets with significant skepticism. Earlier this year TD started to include analyst price targets along with the analyst's TipRanks ranking out of 6,700 analysts. Per TipRanks, the ranking is based on the win-loss ratio of the analyst; the average return of each rating; and consistency of the analyst's performance over time.
For example, on Monday, Brent Bracelin of Piper Sandler, who happens to be ranked #1, gave SHOP a target price of $1144. Today, Mark Mahaney of RBC, rank 121, gave SHOP a target price of $1357.
What is your opinion of TipRanks? Would you consider analysts in the top 1, 5 or 10% worth paying attention to as part of a decision-making process?

Q: I am wondering if there is a concern about liquidity when purchasing an ETF with just over $100 m in AUM and an average volume of 74,000. If I purchased 1,000 units, would there be any problem when trying to sell.....one of seventy four seems to me to be a potential issue. On the other hand, the underlying equities in the ETF have very large volumes; does that mitigate any potential issue? Yes, there is one ETF I have in mind but this might apply more generally, so I leave it this way. Thanks for your excellent service.

Q: Any idea when one can find the official closing price of an ounce of gold in Canadian dollars? Is the Comex closing price the official one? Is that at 1330 ET? Thanks.

Q: What does it mean that STC filed for a ‘preliminary base shelf prospectus’? Thanks!

Q: Hi Peter, Ryan and Team,

I have a question about TFSA accounts. Are the maximum limits to the TFSA cumulative? For illustration purposes, say if the limit were $5,000 per year for 5 year period, the maximum to contribute is $25,000. But if during that 5 year period, I only contributed $10,000, am I able to make up the $15,000 difference in year 6?

Throughout year 6, would I be able to contribute $20,000 ($15,000+$5000) and does it have to be one lumpsum? I am a bit confused, because every time I make a contribution to the TFSA, the bank has a statement that warns about overcontributing for the year.

Thanks.

Q: Re Fred’s question about longterm gains on RY
canadastockchannel.com has this info
If bought on Jan4, 2000, $1 worth of RY would be worth $12.46
assuming dividends are re-invested on a tax free basis (ex. RRSP)
If dividends are not re-invested, on a total return basis (including dividends, but still no tax paid) your $1 is worth $8.75.
You can enter different dates to get exactly what you want.
I personally find this type of analysis instructive but I know not everyone is a fan.

Q: Hello Peter and Team, Looking at company reports, do not see "revenue growth". What other parameters would you include / consider in assessing growth companies ( and while avoiding over leveraged or buying at the top).
Thanks

Q: i noticed before the markets opened that cu was at 30.32 then jumped to 33.03 before the market opened. how does that happen, its obvious someone is allowed , trade on overnight information before we as individual investors are. Thought the market was suppose to be transparent. Who is allowed to trade before the open and why.

Q: Good morning,
I own a small house in Ottawa that is free and clear with a current market value of approximately $350,000.
A recent discussion with my trusted mortgage broker confirmed that a 5 year term (Closed & Fixed) term mortgage can be obtained at a rate of 2.29%. This mortgage is said to be:
a. insured through CMHC,
b. portable, and
c. transferable.
At that rate of 2.29% and given that the interest paid would be tax deductible if I use the funds for investment purposes, I'm seriously considering borrowing around $200,000 and investing this amount for an initial 5 year period with an expected net rate of return on investment of 4.5% .
Q1. With $200,000, what are your thoughts of splitting this amount in 5 different chunks of $40K in the following instruments:
a. Mawer Tax Effective Balanced Fund,
b. Mawer Global Balanced ETF Fund,
c. Vanguard Balanced ETF Portfolio,
d. IShares Core Balanced ETF Portfolio, and
e. BMO Balanced ETF

Q2. As an alternative to the above and given the 5 year time frame, would your preference be to invest the $200,000 in a selection of best in class individual stocks split between different sectors and if so, would you be so kind as to provide me with ya listing of your best ideas at this time.

I thank you and look forward to hearing your thoughts on both of these investment strategies.
Francesco

Q: This is emailed to Members and also posted on the Home page of the Members' section on our website.
On the home page , I have comments from may 21st only,
Is this right, in view of the answer and ththe question from your member
Thanks
cdj

Q: Hello 5i Team
1 - Is there a source for Normal Course Course Issuer Bids (NCIB) available on-line, other than reviewing news releases from individual companies?
2 - Is there an easier way to determine NCIB purchases other than searching SEDI for individual company purchases or reviewing quarterly financial reports for the individual companies?
Thanks