Q: Further to comments re drips: I really don't like the suggestion of sending confidential financial information via email unless it's encrypted for security (which Scotia trade may well be, i realize). I made a phone call to TD direct investments and they took care of it in seconds. I confess I don't know if they give the discount.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Good morning Peter & Team,
This isn't a question. Austin recently asked you how to go about setting up a DRIP for a particular stock. I am with Scotia iTrade, and it's a simple process to set up a DRIP, just by sending an email to their customer service dept., with details of the request - account number, number of shares, and name of stock. They also have a nice feature that indicates what stocks in your portfolio are set up with a DRIP (a highlighted "D" in a circle).
Perhaps other brokers require the client to contact the company's agent directly, but certainly iTrade has made this process really easy.
Thanks for your wonderful service. I am constantly learning and find the Q & A section invaluable.
This isn't a question. Austin recently asked you how to go about setting up a DRIP for a particular stock. I am with Scotia iTrade, and it's a simple process to set up a DRIP, just by sending an email to their customer service dept., with details of the request - account number, number of shares, and name of stock. They also have a nice feature that indicates what stocks in your portfolio are set up with a DRIP (a highlighted "D" in a circle).
Perhaps other brokers require the client to contact the company's agent directly, but certainly iTrade has made this process really easy.
Thanks for your wonderful service. I am constantly learning and find the Q & A section invaluable.
Q: Mark me down as stupid, but I have no idea what is going on with STN. All I can figure out from their news release as stated on their website and from the entries here is that I'm getting their standard dividend of 0.185 per share and I'm under water by over 49%. Could you please elucidate?
Q: Hi Peter & 5i Team,
Would you please consider the following requests:
1. Commenting on every covered company's quarterly results as soon as you have had the time to look at them without waiting for a member to ask. This way all members could benefit in case no one asks about a certain covered company.
2. Every Friday, posting the names of covered companies scheduled to report quarterly results the following week, so members can look out for the results as well as your valued opinions of the same.
Many thanks
Francis
Would you please consider the following requests:
1. Commenting on every covered company's quarterly results as soon as you have had the time to look at them without waiting for a member to ask. This way all members could benefit in case no one asks about a certain covered company.
2. Every Friday, posting the names of covered companies scheduled to report quarterly results the following week, so members can look out for the results as well as your valued opinions of the same.
Many thanks
Francis
Q: I recently saw a list of Div Stocks with Discounts via a DRIP. How do I avail of the Discounts? e.g. BTE with a Div of 6.4% + a 3% Disc.
Thanks, Austin
Thanks, Austin
Q: Peter; In todays Globe , pge.B10, there is a article by Tim Shufelt on active management VS ETF showing why ETF's still are the best route. Rod
Q: Where can I find the TMX sector category for a given company? And would you consider giving your categories when you do a company report? Thanks.
Q: Good morning,
When will be the last day to sell some shares for tax loss?
Thank You
Paul
When will be the last day to sell some shares for tax loss?
Thank You
Paul
Q: Hi, This is more of a trading comment to supplement your response to Steven's question about Cineplex weakness at the open, yesterday. I did not like the results too and sold half of my longtime position at open. But bought back 0.75 higher within a few minutes when noticed strength. I usually place a counter Buy order at a slightly lower price and watch, if I like a co. long term (like Cineplex). It has helped many times. Thanks
Q: What is the best way or method for keeping track of your adjusted cost base when using a drip program - one that is the least time consuming or is there such a thing.
Q: How on earth does a 7 year old get an rrsp ??
Q: When would you expect "tax loss selling season" to take place? Thanks for the great service.
Q: In regards to a question from Mike about there being no category for Bio Stocks, I would suggest using the "Search by Symbol" box and enter/type in BIO, but from the drop down below this box select "Search by Text". This will filter any questions/answers that contain the letters BIO within them.
Q: Hi 5i team
I am managing through a direct investing account a 35 year olds small (9K market value)RRSP account. Monthly contributions $100, once or twice a year lump sum contribution. So far made up of CDZ 29%,T 22%,BEP.UN 19%, SYZ 11%, SGY 9% DHX 6%. I have about $500 in cash but cannot decide whether to add to current or perhaps TMA or QST. Also my theory has been to stick to smaller per share valued stocks that you recommend and buy in when have about $500 cash otherwise the fee adds too much cost per share. Is this a good strategy or should I wait until having $1000? What would you recommend that I do with the $500? Thanks K
I am managing through a direct investing account a 35 year olds small (9K market value)RRSP account. Monthly contributions $100, once or twice a year lump sum contribution. So far made up of CDZ 29%,T 22%,BEP.UN 19%, SYZ 11%, SGY 9% DHX 6%. I have about $500 in cash but cannot decide whether to add to current or perhaps TMA or QST. Also my theory has been to stick to smaller per share valued stocks that you recommend and buy in when have about $500 cash otherwise the fee adds too much cost per share. Is this a good strategy or should I wait until having $1000? What would you recommend that I do with the $500? Thanks K
Q: Hi Peter & 51 Team,
Thank you for so much for the amazing/unparalleled service you provide to the small individual investor.
You have been recommending PLI as a high risk small cap stock. However, on Oct 9, you mentioned ... "for a high risk stock we think there could be potential but we are not huge fans of the valuation and balance sheet" but on Nov 11, in response to a question on "which stocks remind you of Amaya when it was $2" you mentioned "PLI has good potential".
Can you elaborate on your negative comments on the valuation/balance sheet of PLI and yet comparable to Amaya.
Thanks in advance
Francis
Thank you for so much for the amazing/unparalleled service you provide to the small individual investor.
You have been recommending PLI as a high risk small cap stock. However, on Oct 9, you mentioned ... "for a high risk stock we think there could be potential but we are not huge fans of the valuation and balance sheet" but on Nov 11, in response to a question on "which stocks remind you of Amaya when it was $2" you mentioned "PLI has good potential".
Can you elaborate on your negative comments on the valuation/balance sheet of PLI and yet comparable to Amaya.
Thanks in advance
Francis
Q: Hi
I've look on the site and I might have missed it, where would one find what that "Ratings" mean. I know its been mentioned that a 'D' is stay away, "A+" means it doesn't exist so far. Apparently a "C" is not a buy. But is it a hold? How about a "C+".
Could you put something on the "Reports Page"?
Thanks for the great service.
Al
I've look on the site and I might have missed it, where would one find what that "Ratings" mean. I know its been mentioned that a 'D' is stay away, "A+" means it doesn't exist so far. Apparently a "C" is not a buy. But is it a hold? How about a "C+".
Could you put something on the "Reports Page"?
Thanks for the great service.
Al
Q: Hi I can not seem to find in where it says " View by category" anything on Bio- stocks. Is it under another name??
Thanks..
Thanks..
Q: Hi Team!
Would it be wise to drip whenever possible? Even if one is trying to duplicate your growth or income portfolio.
Thank you
Would it be wise to drip whenever possible? Even if one is trying to duplicate your growth or income portfolio.
Thank you
Q: I like CPG for a long term hold but am currently significantly under water due to the falling oil prices. I have Capital gains in other stocks that I would like to offset. I am considering selling CPG for the tax loss and buying it back 31 days later. In the meantime I will buy a energy ETF with the funds to protect me if oil rebounds in the short term. If all stays the same or worse, I will sell the ETF after 31 days and buy back CPG. Your thoughts?
Q: Hi Peter and team, could you please comment on the debt/equity ratio? What is the ideal ratio for a company? Is a ratio of 1.5 too high? Thanks, Gervais