Investment Q&A

Q: Today's seminar Decoding Market Signals was OUTSTANDING !!
If possible I would like to see similar presentations on a quarterly basis.
Thanks again for all your great work.

Dave

Q: I will be unable to attend the webinar tomorrow. Where will I be able to see a replay? Sheldon

Q: Is a way to receive in my daily question and answers list of others investors which could be accessible instantly from my own questions daily list? Thanks

Q: Is a way to mark some of the questions and answers of others investors as a favourite which could be accessible instantly from my own questions ? Thanks

Q: I have recently read the book "The Great Taking" by David Rogers Webb. In this book, the (impressively credentialed) author claims that "ownership of securities as property has been replaced with a new legal concept of a "security entitlement", which is a contractual claim assuring a very weak position if the account holder becomes insolvent". In other words, should your investment bank (e.g. TD Waterhouse, etc.) go bankrupt, as an account holder, you could lose your securities. Apparently, account holders of JP Morgan lost their investments when JPM went bankrupt, as JPM had taken client assets as a secured creditor while being the custodian for these client assets. The alleged purpose of this law is to ensure the financial stability of the clearing houses.

Is this correct? What protections do Canadian investors have? Do we not "own" outright the stocks or ETFs which we purchase? Are there any actions which individual investors can take to protect themselves?

Thank you for this excellent service.

Q: Hi 5i Team,

I am trying to understand how RETURN of Capital works on ETF.

Eg: Buy 1000 shares at 14 = 14000 and get 8% dividend.
Sell 1000 shares after a year at 15 = 15000. So Total return is 15% return on my investment. (8% dividend plus 1K capital gain = 7%)

Please advise if the above calculation is correct or is it the original investment minus 8% dividend.

Thanks for the great service

Q: What do you thank of the Quantrum a i Platform that musk started

Q: Dividend tax credit : Do we still get the dividend tax credit for the canadian stocks included in an ETF that holds both canadian and international stocks?

Q: I won’t be able to attend Chris White’s webinar on Sept 26 due to work obligations. Is it possible to record this webinar for those that can’t attend?
Thanks

Q: When it comes to stock alerts, what are the ones you would suggest and some like daily stock price change in price and volume at what level would you also suggest? Me, holding 20% Cdn dividend stocks in dollar terms, 40% "balanced" Cdn stocke and 40% US stocks that are tilted more to growth wight the emphasis being in technology, health care.......Thanks for your insights as now at 80 years young, I would like such 'info' pushed to me from iTrade and The Globe and Mail......Tom

Q: I have purchased stocks and ETFs in the past and am considering the purchase of a coupon bond. I am not familiar with this type of investment and would appreciate some comments on this type of investment. The following information is provided for the bond;
Inventory - $150,000
Coupon - 6%
Maturity - 2/27/2030
Price - $70.375 CAD
Yield - 12.90%
DBRS rating - BB
Please explain the information provided for the bond. What are the risks associated with this type of investment.

Q: I have used a direct investing account with a major bank to purchase and hold my investments for several years. I am looking at other options such as WealthSimple and Questrade for investments. Please comment on the advantages and disadvantages of WealthSimple and Questrade as compared to the major bank direct investing accounts. Thank you

Q: I have a question that I haven't seen raised on these boards. If you have addressed this please forward me a link to the info.

I am not aware at this point as to what the 5i personnel structure looks like.

Currently what exactly are Peter and Ryans roles in 5i?

Who chooses the buys and sells in the portfolios?

Are there other team members other than Peter and Ryan that we should know about? Their Education, CV, etc? Who is Chris?

The reason I ask is because when I joined 5i at the outset it was because of Peter, who I had been following for years.

Many thanks in advance for your answers.

Sheldon

Q: You listed 6 high credit quality preferred shares for Christian this morning. For any preferred, how is one able to determine it's type ie. perpetual, floating, rate reset? I would be interested in a short list of high credit quality perpetual preferreds that you would recommend.
Thank you.
Dennis

Q: How could I find easily the CUSIP number for Canadian Mutual Funds ?
EX: Ninepoint Energy Series A (0P0000732C.TO)

Thanks & good week-end ...

Q: On a discounted cash flow basis, the intrinsic or fair value of DOL is $74.52.  But the current price is $87.56. And this seems to me to  signal DOL is overvalued by $41.50  or 35.77%. My question is how much weight should be placed on this method of valuation? And what other metrics should I consider along with the discounted cash value valuation? For example, is this valuation a signal to trim to a base weight of 4%?  Curious me...and also a fan of DOL......Tom

Q: Recently, you offered a general perspective on investing, which I found valuable - somthing along the lines that you never made money buying cheap, better to buy expensive. Did i get that right? So, what are some of the current expensive stocks that you would advise taking an intial position and entry prices. Might as well rank, as well.
Thanks
Sam

Q: There was a question yesterday by Dave about buying US currency.
One option to avoid the fees that banks charge for the exchange is to buy Horizons DLR.CA and then journal it over to your US account (DLR.U.CA).
You still pay the exchange rate and maybe trading fees (depending on your brokerage) but you save the bank fee.

Q: I have come to accept that I will likely never convert my entire RRIF in my remaining years and it keeps on growing . ( contributing to my RRSP when I was making 25K/yr in my 20s was ill-advised ) .
Usually I am upset about losing $ in my RRIF because I can't claim the loss.
WHY. ? - it doesn't matter.
Since the government is going to get half of it anyways,
SO
What is your opinion about changing my RRIF strategy from conservative blue chip investing to higher growth /higher risk ?

Q: Follow-up questions. - Do you suggest P/E below is considered a value stock? If not please give us what is considered as value P/E.

The current forward P/E for each sector is:

Materials: 17.4X
Real Estate: 28.2X
Financial: 13.4X
Services: 16.5X
Discretionary: 24.4X
Utilities: 16.1X
Energy: 11.6X
Health: 17.5X
Staples: 19.4X
Industrial: 18.2X
Technology: 25.5X

Thanks for the great service