Investment Q&A

Q: Just wanted to get your take on Master Limited Partnerships and are there any in Canada? Do you feel it would be worthwhile to buy some US MLPs seeing as they would incur the double taxation?

Q: I don't use this service yet but it may be what Jason is looking for. I hold Prakash Hariharan in very high regard, right up there with you, Peter. I really appreciate all the work of your team also.

Q: In regard to Jason question about information for stock,Globe an mail,free service is also useful.You can have a list of stocks for every min. information.Globe investor/my list.ebrahim

Q: Hi 5i,

I'd appreciate your thoughts on the price of gold over the short and mid (3-5 years) term.

Thanks,

Cam.

Q: which stock/sector will have positive/negative effect with today's end of QE announcement by FED?

Q: Thanks to 5i the last couple of years have been very good. Thank you for your help. I now own most of the income and growth portfolio stocks, plus an assortment of other stocks as well; and am prepared to commit new money to the market now.

Over the last few years I have been monitoring 2 other "model"portfolios that I set up on Globe Investor Gold. I call them Brookfield (BAM.A,BOX.UN, BGI.UN,BIP.UN,BPY.UN,BRE and BEP.UN) and Tobacco (MO, PM,LO,RAI and VGR). Both portfolios show very nice and consistent positive results from year to year. YTD 2014, Brookfield is up 16.2% and Tobacco is up 27.9%. In both cases, share price gains are augmented by decent sized dividends as well. All of this with no buying /selling or even rebalancing.

As a non smoker who owns no tobacco stocks currently, I cringe in asking this question. But I do need to grow my portfolios. Could you endorse putting real money into the above mentioned portfolios? From my perspective, it seems reasonably safe, and provides a degree of sector and international diversification. And I do need US dollars from time to time. The dividends on the tobacco stocks would help in that regard.

As usual your thoughts and suggestions would be greatly appreciated.

Q: Thank you for offering this wonderful service!!! Thanks to you I am making money - and more than I was with a full service advisor/manager.
I would like to know, in your research reports, where I would find an explanation of: recessionary EPS and Qualitative, and how to read the numbers.
Thanks!

Q: I am thinking of investing with a hedge fund. Can you give me your thoughts, and are there any that you could recommend? Thanks for your help.

Q: This is for the person who accidentally bought CNR on the New York exchange instead of Toronto. With dual-listed stocks, you can have it moved from the US side of your account to the Canadian side, or vice versa. You will therefore not lose anything on currency conversions. I have done this in my TD Waterhouse account both ways. As well, if you have a Canadian stock you want to sell, and were going to convert the proceeds to US cash, if the stock in dual-listed, just transfer it to the US side to sell. That way, you avoid the 2-3% currency conversion fee that TD Waterhouse charges.

Q: Can you tell me what is meant when talking about "ROAE" and how it is calculated?
Thanks
Dave

Q: Hello team,

I am looking to start an RRSP account with about $25,000 with a maximum growth objective, being fairly comfortable with volatility. Could you please give me your thoughts on the list of stocks below? Is this a good diversified mix? Should I buy at current levels or wait for a pull back on the ones nearing 52 week high? Please feel free to suggest alternatives.
Here is my list:
AVO; BPY.UN; GIB.A; WSP; HLF; TELUS (or GIL); WCP; BDI; MDA.

Thanks as always,

BK

Q: Regarding John's CNR question (October 29, 2014 (asked by John )).

If John wants to hold his CNR position back in CDN dollars, most brokerages will journal the shares over to the Canadian side if you give them a call and ask. HTH

Q: Peter: On an attempt to buy 100 shares CNR I hit the wrong button & bought in NY with Cdn dollars. To sell now would mean taking a hit on the exchange rate. It has kept pace with the TSE since. Does NYC & TSE usually keep pace when stocks are on both exchanges? Please advise (All Thumbs) Thanks

Q: On BNN you mentioned that we were probably in the sixth inning for auto related stocks. Are you making a correlation to baseball? Or does this refer to 6th inning out of 10 in business terms.

Q: What does 'double down' mean?

Q: I was talking to Peter at the Money Show along and so were many others. I put in limit orders and would it be a good thing if I put the limit order for more than one day? Asking about a couple of my holdings SYZ has large daily swings of almost 10% - is this indicating something? DEE (Delphi) has been in a downwards trend about the biggest downward trend of the resource sector and I noticed some negative news on it on October 23 and it escalated the fall. Is there any hope for this security?

Dennis

Q: Hi Team. Just a general question. What is the relationship between share price and net asset value of companies? Is book value and net asset value the same? Some companies trade at multiples of book value. Thanks for the help. Joe

Q: What caused stagflation in the 1970's? Do you think we are at risk of stagflation again?

Thanks,
Hans

Q: I'm fairly well diversified with your model portfolio stocks but I do take on some fliers for some spice. I see you occasionally sell down on stocks that go up and buy up on stocks that are down. I think you do this for companies that you rate as good investments only. My question is does this strategy apply to more speculative stocks as well. I guess in my mind I view these speculative ventures as a partitioned subset of my portfolio. For example I'm well up with Concordia CXR but I'm down with Questor QST, Enterprise ESI and C-Com CMI. Should I sell some CXR and buy some of the others? Or should I just leave these all alone as speculative ventures that were one time good ideas and sell when I think I've had enough keeping in mind reasonable weighting.

Q: To what degree do you expect tax loss selling to impact these stocks in the next 6 weeks: Enterprise Group, Surge and Auto Canada.
Also, I noticed a few stocks (EH and ACQ to name two) that had a great year in 2013 and had a significant selloff in January 2014. Is there such a phenomenon as tax gain selling, where investors hang on until a new year to defer capital gains for a year. If so, do you recommend waiting on some of the years big gainers as late January may represent a better entry point.