Investment Q&A

Q: This is just a comment on Bob's question about the best and worst months in the stock market and I always remember this fun sarcastic quote from Mark Twain. Happy Holidays!

“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”

Q: A few months back I asked a question about timing for a conversion of American dollars to Canadian dollars. My understanding at the time was the Canadian dollar would weaken over the coming months. As I’m in no hurry, you agreed waiting for a decline was a good strategy. I’m still okay waiting but was hoping you could provide an explanation as to why the US dollar has been weakening. I’m somewhat perplexed that our dollar would be showing strength given the difference in the two economies. Given the US is entering an election year and our federal government continues to demonstrate its fiscal incompetence with almost every announcement (sorry, couldn’t resist!), could you please also provide a ‘best guess’ for where the Canadian dollar might land 6 months from now.
Thanks, as always.

Q: WHAT ARE best MONTHS worst MONTHS FOR stock MARKETS.

how does JANUARY rank /

thank YOU RAK.

Q: Please make it public at your discretion.

In response to Maureen's question about a tax calculator, I have used the one at Ernst & Young for years. It is very robust and includes interest income and all of the provinces and federal tax.

https://www.ey.com/en_ca/tax/tax-calculators

Paul F.

Q: Are you aware of a chart that compares tax levels on both capital gains and Canadian dividends at different income levels? Thank you.

Q: Morningstar has a stock rating service that provides a "fair Value" of a stock. I am wondering if you are familiar with it and what you think of it. Are you aware of any other services that provide fair values? Thankyou. Cheers

Ps: I may have asked this before. If so, please ignore this qwestion.

Q: I want to say a specific thanks to Peter. In the 1990's I started to follow Peter's articles in the Investor's Digest newspaper. Then I followed him on the original BNN show which at that time was ROBtv. Later, on BNN I followed Peter and that is when he began 5i. I am one of the original 5i members. I can't thank you enough Peter for over 25 years of your wonderful advice and insight into both the market but also on human nature. Thanks to you we have managed a very successful family portfolio. Thanks so much. Have a wonderful Holiday Season.
A very grateful Cathy

Q: https://braxtonwm.com/

I am interested working with Braxton Wealth Management. Can you give me your opinion on this particular wealth management company.

What are your thoughts on their investment / management style.

please be candid about your thoughts, pros and cons

also are there any tax implications by dealing with a non canadian company?

thanks

Ernie

Q: Note to Judith. I had exactly the same issue with my rifs on december 6th. Plus, I had made my Fathers complete rif withdrawal before this date and they went ahead, did it again and charged him tax on the excess withdrawal. Wasted a day on the phone getting it all sorted out.

Q: Hi Folks. To keep bookkeeping simple, I like to keep all my equity holdings in CDN funds. But I now want to pick up some MSFT. I have never bousght CDRs ... is there anything I should know. Would a CDN CDR track exactly the price of MSFT.US ? Thanks.

Q: What are the most common investing mistakes that you see being made by people who are managing their own investments? Maybe a top half dozen or so, with a brief explanation as to what should be done instead of the incorrect habits. Thanks.

Q: Hi 5i Team - Could you tell me where I can locate your 2023 tax loss screener. Thanks.

Q: Perhaps a long-shot question, but I wonder if you are aware of any company providing amazing services similar to 5i, but focused on the European (in particular, French, German and UK) equity markets?

Many thanks in advance! Aaron

Q: Hi Team
I have heard the term, window dressing, where the fund will sell their "dogs" and buy stocks that have gone up at year end so it looks like they have done well. My question is, if the sell at a loss, does that not show up in the year end results showing that they had a bad year?

Thanks

Q: Earlier you answered a question about Crox vs BYD, and you mentioned the valuations were 8x vs 44x. Just curious what metric you are using there (P/E?), and what is the most commonly accepted metric when discussing the high level valuation of a company and if its cheap or expensive? Thx

Q: Would you be able to tell me the trailing P/E and estimated forward P/E for BN and BRK.B? I assume this may be difficult for BRK.B, when they often seek permission to not disclose all of their current holdings. Where can I find the most accurate P/E info for Canadian and US stocks?
Thanks!

Q: I would appreciate your guidance on the strategy behind buying and selling shares. In particular, I'm interested in limit orders and how - and when - to effectively use them. Thank you.

Q: last day for tax loss selling u.s. and canada
many thanks for great service in a tough 2023.

Q: What is the best way to go about buying or selling a sizeable amount of a low-volume stock?

Q: Could you please clarify how CDIC insurance works. If I invest at CIBC Investor’s Edge and in my non-registered account, I have 1) $100,000 in cash, 2) $100,000 in an RBC HISA, and 3) $100,000 in a third party GIC (say Versabank), are each insured for $100,000 as they are with different institutions? Or are they insured collectively for $100,000, meaning $200,000 is not insured, since they are all held at CIBC Investor’s Edge? Thank you.