Investment Q&A

Q: Just a comment about Terry complaining about 5i's bad advice regarding when to sell financials. 5i should make it perfectly clear that this is not an advisory service. People need to take responsibility for their decisions, and stop blaming others. Start with a financial plan, know yourself, and always remember the stock market is a tool for redistributing wealth from the many to the few. A plan will help you end up with "the few".

Q: Is it possible to view the recent webinar as it was not possible for me to attend?

Q: Hello Peter. I attended yesterday's webinar and must say that I found it to be of assistance. I do, however, have a question regarding when to sell a stock. In your presentation, you said that one of the biggest mistakes is to take too long to sell a loser. You also said the "Doing nothing is almost always better than reacting". These statements are a little contrary to one another. For instance, I purchased The Stars Group when you recommended it a number of months ago and all it has done since then is go down. How do I reconcile selling or holding in this case. Your thought process would help me a lot. What are the key factors to think about in my decision to hold or sell in this case and in general?

Thanks Peter.

Alex Riben

Q: This is ugly. I asked you on several times about selling my Financials in both Canada and US (was up 40% on average)) you advised against this? (In hindsight your advise wasquestionable - Question I have now is should I sell some higher risk stocks in different sectors and load up even more on Canadian +American banks . I know you cannot be right all the time but this turned out to be a major miss for me. I still cautiously valve your opinion. Thanks

Q: Hi 5i
I wasn't available for the webinar.
Is there any intention of providing a link to it to view/download ?
Thanks

Q: Yesterday in your Webinar, you said "Sell the losers!"
I am down 44% in TSGI, 48% in VET and 35% in WEF. So are you! These stocks remain in your Portfolios.
Please help me understand what constitutes " A Loser" Thanks,

Q: Hi Peter and good people,
What behaviour and/or level of the VIX would indicate the washout has occurred?
Thanks,
Mike

Q: How can i find the ex-dividend dates for any company. Is there a specific site?
Currently I'd like to know when MFT (Mackenzie Floating Rate Income Fund) goes ex-dividend, but my question is more general that that.

Q: Bank of Canada just raised the key rate to 1.75% and drops its pledge to move gradually. What's Mr. Poloz seeing that the rest of us are missing because the TSX is singing a much different tune? I hope it's not the part time jobs from the recent elections in Ont, Que & NB. We're a little removed from what's happening in Central Canada but I can safely say the Alberta economy is not running at full capacity. In fact one of the largest land developers in Calgary just recently let go 40 office workers.
It's not the first time the BoC has been offside and had to reverse course. They seem to focus too much on a few key data points and ignore the economy as a whole.

Q: I watched Peter's Investing Seminar this afternoon and would like to thank him for providing us with such an informative presentation. During the seminar he mentioned a company whose name sounded like AMARANA. Could you provide me with its proper name please. I would also like to get a print out of the slides used during the presentation. How do I do this. Thank Mike you.

Q: Good afternoon folks:
Is this a healthy correction plus tax loss selling as well? Could u please give your opinion on what retail investors should do in this volatile environment?

Q: Are stocks that have .un in their symbol (bep.un kwh.un) eligible for div tax credit thanks harris

Q: On Dennis question is it worth the effort and time to file the Amaya claims? To add on Northern Telecom after about three years of time and effort, I received nothing and I mean nothjng and this was on about $7,000.00 dollars claim. So my question is same as Dennis is it worth the same time and effort?

Q: I have received a proof of claim form for Amaya Inc. Securities, Seattle respecting a class action suit. I have received a dozen of these for companies that I have held in the past. My one experience of spending many hours filling out forms and paperwork and research and dealing with Siskinds LLP was after 2 years and a lot of my time, in the hopes of recovery my losses ($5,000.00), I received $150.00. Is it worthwhile for shareholders to go through this, or is it strictly a benefit to the lawyers to collect names for their suit?
As I started to bring this to your attention, I noticed someone has written in about webinars. Where do I find them? Thank you Dennis

Q: I would like to attend this webinar, but unfortunately I’m away from an internet at the time of the webinar. Would I have a chance to review this webinar on a later date?
Thanks

Q: Hello - I m very interested in the Webinar tomorrow (October 24th) but will not be able to attend. Will it be archived on the site for members to view at a more convenient time?

Q: Hi, This sentence confuses me: ... {that it has granted options to purchase 250,000 common shares of C-COM to directors and officers of C-COM. The stock options were granted pursuant to the terms of C-COM's stock option plan and are exercisable at $1.16 per share.} It's the (of C-Com to directors) that confuses me. (?)Granted options=Co. will buy 250,000 shares (from/off the market?) for the directors. Thus less shares on the market.) or (for?) the directors.(Meaning the Directors get more shares at $1.16.) Bottom Line are 250,000 more shares coming onto the market once the price hits $1.16? Thanks in advance for some clarity.

Q: I'd like to put some money in GIC's. Do you have any recommendations? My bank's GIC rates are much lower than the third party rates. There's only a flat fee of $20 to buy them so that doesn't bother me. The best returns seem to be offered by "Manulife Bank" and "Equitable". They are almost double the big banks. I'm leaning towards Manulife. Is there any risk when buying GIC's?

Q: Hi, On BNN Market Call Monday, the guest, in his market outlook segment, suggested that we may be facing a downturn worse than 2008, which is certainly not a very pleasant prospect. Your comments please.

Q: I recently asked a question about tax loss selling in the US and Canada that obviously wasn’t clear enough.
I wanted to know how tax loss selling in the US for an American investor compares to Canada for a Canadian investor. How similar are the tax implications, rules etc.?
Thanks, Hugh