Investment Q&A

Q: Hi, I just have a question about holding CAD listed stocks that currently pay dividends in CAD$. If the stocks are also US listed, how do I go about getting the dividends in US$ if I wanted to?? Do I need to ask my broker to convert the cad stock to the US equivalent? In that case, would they just convert it at the current FX rate and would I get them to journal it over? Would I use norbert gambit to do this possibly to save on FX conversion? Any advice would be great!

Thanks!
Keith

Q: Hi Team,
There have been numerous corrections on Wall Street between the great depression of the 30s and to end of 2019. I would like to know the timeline and the extent of such pullbacks in excess of 15% during this period.
Cheers,

Q: Helllo 5i,
My wife and I have about $20,000 each free in our TFSA. We are 73 yrs, value investors with a 5 year GIC ladder mostly in our TFSA. Should we fill it with more GIC's, move some stocks over to the TFSA from a non-registered account, buy new value stock, put in NFI and PSI (5-10 year outlook) or have a mix of all of the above?
Thank you
Stanley

Q: What would you suggest looking to buy in anticipation of a potential crisis in the Middle East which unfortunately now seems imminent. Oil and gold I suppose are the obvious sectors that come to mind. Thanks.

Jason

Q: Hi :
where is a good place to find the beta value of a particular stock ?(large cap REITS, banks, Utilities)
I normally use the one shown on my TDwaterhouse account (is it reliable ?), I also check the drop in price from the 2008-2009 TSX crisis. I am trying to calculate what the beta of my porfolio is.

Q: With increasing political tension between Iran and the United States, what effect could that have on Canadian and US stock markets?

Q: Most mj stocks are down -80% from their "highs"

Was this a market bubble much like jr mining stocks in 2007? Were participants led by greed to speculate in assets which they did not know how to value?

Q: Frederick Vettese, author of "Retirement Income for Life: Getting More Without Saving More" , advocates strongly for the purchase of annuities to add certainty to a retirement portfolio. He suggests annuities should comprise 30-40% of one's total portfolio, with the balance made up by equities. He does not advocate for the inclusion of bonds as returns are currently low and, he estimates, will remain low for some time. What are your views on annuities? And do your views change if the investor has a defined benefit pension? Thank you.

Q: Happy holidays 5i team
What has a higher rate total rate of return over time...small cap, mid cap, large cap? I would imagine the geography makes a difference so maybe you could base it off the US exchanges please (We are rather sector concentrated here). Is risk in small caps vs the stability and dividends in large caps or mid caps create that sweet spot? Which is most worthy of investment? Are there statistics to back it up? I have heard you respond that mid caps tend to be your favourites. I understand they offer that nice balance and they are influenced by financial managers through purchases as they grow/ if they grow, but is there proof that they are better through time as a group? Any equal weight ETF's that cover a specific range in capitalization across sectors? Thank you

Q: are there any companies or equities that invest in Canadian indigenous peoples that are tax payer funded that can be invested in. have a super 2020.

Q: In your previous incarnation as a chief investment officer for a large investment house. What was your plan for December and January each year.

Clayton

Q: In regard to the question by James regarding a book on financial management in retirement, he might find the book "Retirement Income for Life" by Fred Vettese helpful. Fred Vettese is an actuary and his book is full of useful information about decumulation of RRSP's and other savings accounts to provide retirement income.

Q: Hi Team
There was article on BNN “10 stock that help define the Decade” In your opinion is there any stocks or theme that will define the next decade.
Thank you

Q: Thanks for your reply. I was reading that in such a takeover situation the prefs could end up trading OTC only and hence drop in value from current. Don't understand how or why. Do you think this is a risk?

Q: What is the cost of the ETF news letter for a year?
Thanks
Dave

Q: If it's not too late, these books don't address all Jame's questions but are excellent books:

Retirement Income for Life, Frederick Vettesse
and
Your Retirement Income Blueprint Daryl Diamond

Cheers,
Michael

Q: URGENT: Hello Peter. I hope that this question is timely enough for you to address today or tomorrow, because I need something else for my wife's Christmas stocking! My wife has just retired, will have some significant money coming in soon from the sale of a property, and has a developing interest in investing and the markets. I'm hoping to find a good, 'reader-friendly' investing book to give her, but most (e.g., Wealthy Barber) are geared to lifelong investing habits and not for retirement. I'm hoping to find one that also focuses on things like: investing from a retiree's perspective, annuities, strategic use of RRIFs, how to best draw down from different types of accounts to minimize tax, travel and related issues (insurance; retaining OHIP or non-residency issues, etc), charitable giving, insurance for unexpected health issues, etc. Are you aware of any that you might recommend? Thanks!

Q: Could I have your view on the CAD vs USD.

Q: If considering buying a stock such as CSU, which is obviously very expensive, if due to portfolio sizing etc, the number of shares you should purchase is say 5-10, is that a sign that you should be investing in ETF rather than shares, due to the commission per share etc, or just consider the underlying $ value of the investment and no worries.

Q: This is a question about stop loss as a tool.
When you look at bid ask just before the open sometimes you see a bid way below the last trade the day before. Sometimes the last trade the day before may be 90 and the morning premarket bid ask 70 / 91
If I had a 85 stop loss , even though the bid is unrealistic would I be sold out at 85
Thanks
And best of the holiday season to all of 5i and your family