Investment Q&A

Q: This is a comment more than a question. I find having a lot of US stocks in my portfolio dampens down the volatility. On bad days in the market the flight to safety strengthens the US dollar against the loonie and in good days the exchange rate goes against me the other way and reduces the contribution of my US equities. Over time I find my return is about the same but I sleep better on the way.

Q: I am a recently retired 60 year-old investor who has a DB pension, fairly large RRSP, and wish to hold off CPP until age 70 for maximum benefit.
So based on the above, even with some income-splitting, tax-wise I am going to get taken to the cleaners once I hit my 70's. I am planning to withdraw some RRSP money over the next 10 years in an attempt to lessen the hit.

Generally I am a dividend investor, but the dreaded dividend gross-up does further damage to my situation with regards to the OAS claw-back. I am wondering if I should be adding more of the growth type companies instead (eg. BAM, CSU, FSV) instead of adding to my dividend-paying stocks.

I know you are not tax experts and don't expect any specific advice, but do you have a general opinion on a retiree balancing their mainly dividend portfolio with some growth? I always thought dividends were taxed better than capital gains, but that gross-up is the enemy here.

Q: Could you please explain how Dentalcorp declared a 43 million dollar loss and at the same time declared a profit of over 9 million dollars

What accounting magic do they use ?

What do you think of the results that they just posted today

Thanks

Paul

Q: Hi 5i
I use mental stops more so than hard stops. I am just curious that if I place a stop loss limit order, is that order visible to anyone using the market depth order data? Sometimes it seems like depth changes on more thinly traded stocks. That’s why I use mental stops.
Thanks.

Q: Hi,

A question was asked on March 16 about both GOOG & GOOGL splitting in July. (yes, for both).

I checked and it looks like the CDR version trading on the Neo exchange will follow suit as well, but there is a twist.

From the CIBC-CDR website: "... CDR holders will experience the same economic impact of a share split as they would if the underlying security (GOOG:US) were held directly."

They go on to say, it could either be an automatic increase in the number of CDR shares held (at the same 20:1 split) or it could be an increase in the "CDR Ratio", also by a factor of 20.
Either way it's equivalent, but I'd rather see the extra number of shares showing up in my portfolio, as opposed to just having the CDR Ratio get adjusted in the background by NEO & CIBC.

I guess we will know more in July.
Rob.

Q: In reference to having Canadian stock that pay dividends in US$ transferred to the US side of your account. I did this but it didn't work out !! My broker would do a double conversion. They would receive the US funds convert them to CDN$ then back to US$ to put in my US$ account.

Q: HI folks.
Happy Spring.
I believe that I once saw your List of Canadian Companies that pay their dividends in US dollars. Would you please send me the link.
I am slowly going to sell off and then rebuy the stocks that I own in Canadian $ ( over the the US $ side of my accounts with existing US $ cash). Is this the best plan in order to avoid FX charges and receive my dividends in US$ ? At what point is it not worth it??
Much thanks

Q: Hello Peter, I am tuning in my stocks scanner and need some inputs from your team on difference ratios / parameters i should be using. example sales ratio what would be a good low / high limit going into a high interest rate environment. Could you fill in with more more ratio like PE, debt to equity, debt to cash flow,.. with each low and high limits value I can use when scanning for stock with North American markets.

Thanks

Q: Hi 5i,

Regarding insider trading, "acquisition under purchase/ownership plan" vs "acquisition in public market", which one is a better indicator of "buy"? could you please explain a little?
Thanks!

Q: Up until now, I have only part full or nearly full positions in a stock while trying to keep my total number of stocks under 30 in number. However, I am now considering taking a slightly different approach and buying a basket of some beaten-up stocks, likely from those noted above.

Since I am new to this strategy, my question is, what would you consider to be a useful percentage to devote to a stock that will allow for meaningful gains while limited individual risk? I'm thinking 1% is too little, 1.5% might be enough and certainly no more than 2%.

Your insight is appreciated.

regards,

Paul F.

Q: I have been sitting on the sidelines in cash since the beginning of the year in both my registered accounts. I am retired and living comfortably on pensions. I thought that this weeks fed decision would be the time to reconsider deploying my cash. In the meantime Russia invaded Ukraine. I read the daily comments and I'm seeing mixed messages e.g. by on the decline, buy into the fear, time to begin making your money work, which have all suggested that I should have been slowly reinvesting over the last several weeks while the markets have continued to decline. However other comments have suggested waiting until markets calm down.
I would prefer the latter suggestion of waiting until things calm down. Other than peace in the Ukraine, what should I be looking out for.
And re the mixed messages what would you do in my situtation, other than I should have done nothing at the beginning of the year!
Thanks Peter.

Q: I received Class Action Notice for the above company dated March 1, 2022. It seems I am qualified to participate in the settlement as I purchased securities during the period Feb. 23, 2018, to Oct. 15, 2018. Specifically, I bought 413 RHT shares at $1.81 on June 21, 2018, and sold at $0.365 on Oct. 17, 2018. If I submit the Claim form how this would benefit me? Would Confirmation of Purchase and Sell documents from the TD be sufficient proof of ownership documents? As always, thanks for your comments.

Q: Some small charities don't have broker accounts so you can use : https://www.canadahelps.org/fr/
They take a small commission and give the net results to your favorite charity and you get the tax receipt from Canadahelps. I used it 2 times and works just fine.

Q: Is it unique that Bank-owned TD Securities investment firm is the first house to pick up coverage (Buy - $8.50 target )on a small cap like ECO given that the Company is cash rich and requires no capital raise in the foreseeable future. Or is it that green products at ECO are just too interesting here?

Q: I've heard if there are 10 sellers to 1 buyer, it's time to hold your stomach and go all in.

If you were trying to determine the number of sellers of a stock vs. the number of buyers, what indicator or tool would you look to?

Q: Dear 5i,

Where can one go to find out planned S&P500 index additions and deletions? Where can one go to find potential S&P500 additions and deletions? Thanks

Q: Peter; As a long timer I need to reply to Jason’s comments re Unity. If Peter and Co. knew when the “ market” was going to suddenly dump any particular sector , Techs or otherwise , they would not be holding our hands now and still providing excellent advice on a daily basis - they’d be on their yatchs in a warm sunny place. If Jason knows when this might occur in the future please let us all know.
Rod
Publish if you wish.

Q: KRR is 2.4% of my RRSP and I am up about 110% (also hold KRR and XGD in other accounts). Can you please tell me a bit more about KRR? I know it mines gold and nickel.
After significant declines with small caps like AT, XBC and REAL, I am a bit leery of KRR and wonder if its time to take a bit of profit, but I am reluctant with such good momentum. Can you please tell us again what dollar cap amount defines a small cap, med cap and large cap?
Thanks!!

Q: Hi Team,
Should these three Chinese's ADR stock delisted from U.S. exchanges by US Government, would the owner of these ADRs can move to Hong Kong and relisting in Hong Kong market ? Or just completely vanished !
I understand my question is properly not quite your expert area, but hope you can comment on it !
Thanks as Always,
Tak

Q: Paul asked today about the men/women investing performance. This is a good article which talks about a 5.2 million person, 10-year study which showed women average about 0.4% better than men annually, and the reasons were less frequent trading and not trying to time the market.

https://www.cnbc.com/2021/10/27/why-women-get-better-returns-on-their-investments-than-men.html