Q: how do exchange traded bonds work? do they pay interest semi annually? do they have a maturity date? do they have a credit rating? do you like the ag growth issue or the Cargojet issue? thanks for your input Richard
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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 often thought it would be useful to look at charts showing how the PE ratio (and other financial ratios, for that matter) of a company has changed over a lengthy period of time, say 10 years or more. Could 5i provide such charts? Are they easily available anywhere else?
Q: Kenneth asked this morning about moving AQN from the U.S. side of his RIF account back to the Canadian side, at a 2% exchange rate. Is it correct that one must pay FX fees when moving a stock between sides? I had thought that this is another facet of Norbit's Gambit that would eliminate the fees.
Q: I own convertible debentures shares and many of them have been redeemed before their maturity date in the past few years . The most recent case is DII.DB.U which is being redeemed 5 months before maturity. Why do companies do this? Are they saving that much that is in their best interests not to pay the outstanding interest amount for the remainder of the period to maturity?
Q: I'd like to thank you for the Analytics walk through presentation yesterday and for answering my questions related thereto. I am in the process of downsizing from a house to a condo and have every intention of purchasing your portfolio management service as soon as my move is completed. Mike
Q: In your opinion how many years is short ,medium,long term for investment purposes?
Q: Stock Alerts....I would like your take on how to set Stock Alerts.
I have Income, Balanced and US Portfolios and I cast an eye on the stock prices generally on a daily basis, aka at the end of the day. But with this and that, and especially in the outdoor summer months, I thought it would be worthwhile, prudent to have stock alerts set to give me a heads up when a stock is hitting a new high or a 52 week one....and that's easy to do. But on the downside, what should I do to be aware if a stock is breaking down or taking a noise dive? Like what parameters or percentages or is there something else I should consider in setting downside Stock Alerts? ...........Tom
I have Income, Balanced and US Portfolios and I cast an eye on the stock prices generally on a daily basis, aka at the end of the day. But with this and that, and especially in the outdoor summer months, I thought it would be worthwhile, prudent to have stock alerts set to give me a heads up when a stock is hitting a new high or a 52 week one....and that's easy to do. But on the downside, what should I do to be aware if a stock is breaking down or taking a noise dive? Like what parameters or percentages or is there something else I should consider in setting downside Stock Alerts? ...........Tom
Q: HI 5i team, recently you mentioned couple companies with a growth rate of 50%. Do you mean revenue or earning or some measure ? Will you please list top 20 Canadian companies with such growth prospect. Thanks.
Q: Hi 5i team, if I remember right you do caution small investor like us buy and sell in the first hour of each trading day. Is there any reason behind this practice ?
Q: Like other members I am searching around for a good watchlist system. I have looked at TMX money but am somewhat confused about their platform. I can't see if there are any fees associated with their service. How do they make their money? I have not registered with them yet.
Thank you,
Paul
Thank you,
Paul
Q: Peter,
I am trying to get a handle on the way the industry calculates debt to equity ratio. I look at ATD.B and on 5-I it shows .84. Morningstar shows 1.17. They don't seem to include other LT liabilities. My calculation shows 15,577 / 7563 = 2.05 ( April 2019 YE).
Please advise the calculation method that is consistent in the industry so I can compare apples to apples with different companies.
Thank you,
Paul
I am trying to get a handle on the way the industry calculates debt to equity ratio. I look at ATD.B and on 5-I it shows .84. Morningstar shows 1.17. They don't seem to include other LT liabilities. My calculation shows 15,577 / 7563 = 2.05 ( April 2019 YE).
Please advise the calculation method that is consistent in the industry so I can compare apples to apples with different companies.
Thank you,
Paul
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Vanguard Conservative ETF Portfolio (VCNS)
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Vanguard Balanced ETF Portfolio (VBAL)
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Vanguard Growth ETF Portfolio (VGRO)
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Vanguard All-Equity ETF Portfolio (VEQT)
Q: Hi
My question is about structuring and managing a portfolio across multiple registered and unregistered accounts. Please forgive if this question has been asked before.
Between 4 family members (including two young children) we have 11 trading accounts on the go, including 5 unregistered (3 Cdn and 2 US), 2 tfsa’s, 2 rrsp’s, and 2 resp’s. My approach to date has generally been to try to diversify within each account and try not to duplicate between accounts, with an eye to overall diversification.
This results in three problems (at least): sub-optimal diversification within and across accounts, too many holdings (which are difficult to monitor) and a low average $ value per holding. For example, 11 accounts times ten positions per account is 110 holdings. As for low value, a 10% holding on a $50,000 registered account is $5,000, which represents only 0.5% of an aggregate $1,000,000 value (example).
I have been thinking of treating all of the accounts holistically rather than individually while accounting for tax considerations of course. My goal is to try to get the number of holdings down to 20 - 30, with an average value of 3% - 5% of aggregate portfolio value. I find the main difficulty to be in structuring the lower value accounts.
Two approaches I have been mulling over:
1) Scrap the individual account diversification approach and perhaps only hold 1 - 3 positions in lower value accounts. This approach would probably mean that no account on its own will be diversified but the aggregate portfolio will be (hopefully).
2) Try to maintain the account diversification approach by investing in only one etf per account until the account eventually reaches a size sufficient to hold more positions (then I suppose the approach would flip to the first approach). The idea being that each account would hold a different etf (and at least be somewhat diversified) that would contribute to the overall diversification of the aggregate portfolio.
Do you have any comments or guidance on managing multiple accounts? How do investment professionals manage their own family accounts? Any best practices that you are aware of, or good articles that you can direct me to? Any considerations besides tax; for example, how do you apportion risk between family members and accounts?
Thanks
Derek
My question is about structuring and managing a portfolio across multiple registered and unregistered accounts. Please forgive if this question has been asked before.
Between 4 family members (including two young children) we have 11 trading accounts on the go, including 5 unregistered (3 Cdn and 2 US), 2 tfsa’s, 2 rrsp’s, and 2 resp’s. My approach to date has generally been to try to diversify within each account and try not to duplicate between accounts, with an eye to overall diversification.
This results in three problems (at least): sub-optimal diversification within and across accounts, too many holdings (which are difficult to monitor) and a low average $ value per holding. For example, 11 accounts times ten positions per account is 110 holdings. As for low value, a 10% holding on a $50,000 registered account is $5,000, which represents only 0.5% of an aggregate $1,000,000 value (example).
I have been thinking of treating all of the accounts holistically rather than individually while accounting for tax considerations of course. My goal is to try to get the number of holdings down to 20 - 30, with an average value of 3% - 5% of aggregate portfolio value. I find the main difficulty to be in structuring the lower value accounts.
Two approaches I have been mulling over:
1) Scrap the individual account diversification approach and perhaps only hold 1 - 3 positions in lower value accounts. This approach would probably mean that no account on its own will be diversified but the aggregate portfolio will be (hopefully).
2) Try to maintain the account diversification approach by investing in only one etf per account until the account eventually reaches a size sufficient to hold more positions (then I suppose the approach would flip to the first approach). The idea being that each account would hold a different etf (and at least be somewhat diversified) that would contribute to the overall diversification of the aggregate portfolio.
Do you have any comments or guidance on managing multiple accounts? How do investment professionals manage their own family accounts? Any best practices that you are aware of, or good articles that you can direct me to? Any considerations besides tax; for example, how do you apportion risk between family members and accounts?
Thanks
Derek
Q: Good morning, i have taken the Canadian Securities Course, but what else would you recommend to get more educated and familiar with all of the financial ratios in a company, thanks? They seem to have different meaning from industry to industry.
Q: I know you have stated that "growth" stocks are best to be held in your TFSA.
I just turned 70 - I had put Dollarama and Savaria in this account and Dollarama is recovering but Savaria is not, to date, although I know you still like it.
The problem is that when you have it in this account and things don't work out, you can't sell and claim a loss vs putting it into your Non-RRSP account.
Shouldn't your age and time horizon come in effect when deciding on what goes into each account.
Thank you
Margaret
I just turned 70 - I had put Dollarama and Savaria in this account and Dollarama is recovering but Savaria is not, to date, although I know you still like it.
The problem is that when you have it in this account and things don't work out, you can't sell and claim a loss vs putting it into your Non-RRSP account.
Shouldn't your age and time horizon come in effect when deciding on what goes into each account.
Thank you
Margaret
Q: There are a huge number of presentations at the money show in September. Are all or any of these taped and made available at a later date for viewing?
Thank you
Paul
Thank you
Paul
Q: Hello everyone,
For the webinar, which I will not be able to view live, do I have to sign up in order to watch it at a later date? or will it be available to all 5i members regardless if they signed up or not.
Thanks
For the webinar, which I will not be able to view live, do I have to sign up in order to watch it at a later date? or will it be available to all 5i members regardless if they signed up or not.
Thanks
Q: Will not be available to watch July 9th Webinar live. Can we watch recording at another time?
Q: Good morning Peter, Ryan, and Team,
Will the July 9th Webinar be available to view for those who will be away on that day?
Thanks!
Will the July 9th Webinar be available to view for those who will be away on that day?
Thanks!
Q: Sometime ago you had an article called "Who is working for You." or some thing like it. I cannot find it in 5i . Has it been deleted or am I not looking in the correct place. Could you please tell me where to find this article... Thanks. Ernie
Q: Regarding the upcoming webinar on Portfolio Analytics, will you be archiving it for those of us who are not available to watch it live on the 9th?
Thanks.
Thanks.