Investment Q&A

Q: If my base case was for a soft landing in the US economy, a slowing of rate increases and calmness in bond markets, what three sectors in the US would you favour?

Q: In most of the offerings of Bank Structured Note offerings, this line appears..

The Bank may benefit from the difference between the amount it is obligated to pay under the Notes, net of related expenses, and the returns it may generate in hedging such obligations.

I believe this implies that any options,dollar hedges,derivatives ,futures, EFT'S or derivatives thereof,long and shorts positions of any of these...that the bank would most likely be the other side of any trades within these notes.

Question...It seems that the bank can and will dictate the outcome of these risky things thru related expenses.(.ie the bank deals the cards then plays the hand) ...is the deck not stacked against the retail investor of such so called investment instruments?

Q: I am wondering what your thoughts are on annuities for a retiree, assuming no need to leave wealth on passing. Also assuming two scenarios: (1) putting all one's money in annuities, and (2) a small portion to ensure not ending up homeless while investing the rest in high risk growth stocks. Okay let's add a third one, a well balanced portfolio all in equities a little light though on dividends, with a floor protection of annuities. Talking about a straight life annuity, nothing fancy. Thank you.

Q: Looking for an industrial stock to pair with WSP. CNR has lower volatility, but a higher p/e compared to TFII. I am older looking for total return close to 10%. Would welcome other suggestions. Thank you

Q: My question is about the safety of CDRs. Is there any added risk (I recognize they are relatively new) in buying a CDR vs just buying the relevant security. My example is that of United Health (UNH.US). It is listed in US, and also a CDR in Canada. I would prefer to buy CDR as I have more available CAD than USD.

Q: I have owned the big 6 banks forever and they're the building blocks of my portfolio, but for a friend initiating a position with one of them do you have a preference right now for best entry position? They're all rallying sharply in the last month. Thank you.

Q: Is the end of a recession the beginning of a new business cycle, typically what industries lead after, if your guessing this one is not typical, what sectors might suprise investors?

Q: Upon contacting TD WebBroker to purchase an High Interest Savings account ETF, I was informed that they don't broker these products. How does one invest in these funds? Much appreciated.

Q: I noted with interest the Nov 16 question by Greg re how your personal portfolios have done this year because I was thinking of asking a related question but thought the answer might be along the lines of none of my business. But you did answer his, so here goes. In your personal portfolios do you try to market time and are you undiversified, being growth investors and all? I know you have said on occasion that you have a general audience and so your answers reflect that. And so you might not want folks to imitate you. And I get that. Still, I'm curious. thanks.

Q: What is your opinion on investing in the private markets?

Q: Just to clarify, 5i is selling all of ANRG and PRMW and LSPD from the portfolios.

ANRG and LSPD are at all time lows. So you're selling at the lows.

Prmw is bullish and moving higher and is near its high and you're selling that as well.

What happened to run with the winners and sell the losers (not at their low)?

Sheldon

Q: Will I get the dividend if I buy on Nov 21 with shareholders of record on Nov 23.
I know that the processing date will be Nov 21, but the settlement date is about 4 days later, which would be after the shareholders of record date. I would appreciate if you would explain (again)
Thank You!
Albert

Q: The inflation target seems to be 2% in North America. It is my belief that to get it from the 7-8% range to 2% will take a significant period of time once it gets intrenched. Have you seen any historical notes from authors who have studied the history of this area?

Thank you,

Paul

Q: I was reading a question in my daily summary about your "wonderful dividend change site." Can you tell me where I can find this on the 5i website?

Q: Peter and Co.,
Would you please provide the 3 or 4 names of North American producers/explorers of Lithium, Cobalt, Carbon and Helium that I could consider as potential purchases.
Thanks for the excellent service.
Ed

Q: Good Morning, where can I purchase physical gold and silver!
Thank you.

Q: Any concerns with the CEO selling $70M in shares? When I first saw the announcement, I thought this was the company selling shares, but I believe this is the CEO selling a portion of his personal stake. How normal is this?

Q: Hi All at 5i!! This is perhaps not the right question for this venue, but maybe you or a member could help me with this. My son is looking to buy a small house and take on a renter. He is thinking that he wants to get into the real estate rental market . Does anyone know of a or several good reference books dealing with this topic???
Thanks,
Tamara

Q: Donation of securities to charity.
Last year we reported that Questrade charged $25 per charitable donation we made. After writing the CEO and c.c.ing others, the fee was reversed. Well, they are at it again and although a note will be put on our file that the fee will be waived, it will be posted and immediately reversed. These are donations to registered charities, a university and four well-known charities. We know there is some back office work that needs to be done but ironically shortly after our hassle last year Questrade boasted to their clients of their charitable largess. Perhaps Rob Carrick will add a question about this topic in his annual brokerage review. After all Tim Cestnick named it as one of the year-end tips for saving on taxes last week. I think it is time for another letter to the CEO of Questrade and this time include 5i research as a recipient of our information sharing.

Q: Hi Peter & team,
My question is regarding Notes issued by Canadian big banks like Floating Rate Senior Note or Step Up Extendible Notes. There is not much discussions about using this kind of investment by retail investors for their fixed income portfolio instead of GIC or bonds. The yield on these Notes seems to be higher than GIC of the same maturity. Please comment on the pros and cons of Notes as the main component of the fixed income portfolio. Any disadvantages vs bonds or GIC? What should retail investors watch out for when shopping for these Notes? Thanks