Investment Q&A

Q: Hello, in light of the Canadian dollar trending lower recently, does it make more sense to buy CDR’s as opposed to the equivalent US listed stocks? Since CDR’s are traded in Canadian currency on a Canadian exchange I can still buy the same amount of shares with my Canadian dollars even if the dollar drops as opposed to buying US listed shares on a U.S. exchange with my Canadian dollars which should cost me more as the Canadian dollar drops. Many thanks for the amazing service that you provide.

Q: My question is on trimming winning stocks. You will often comment on this question that it is about the size of the stock in relation to your portfolio. I have a number of stocks that are half positions which are up 100-200% so now are almost full positions so I don't "need" to trim them. But I'm often tempted to trim at a new high to take some profits with the idea of re-buying on a pullback. I realize this is market timing so I hesitate, but I've also seen thousands of dollars disappear on a downturn. I have bought some stocks I think of as longer term trades so I have sold them after a profit and it has felt good to cement that profit so to speak. But some stocks like Apple, or BN that I see as more core holdings -with these type of stocks do I trim or just leave them, let them run and buy more on a pullback with new money presuming I have more. Any further articles on this would be appreciated as well. Thank you!

Q: I have added at end an addendum to the question I sent just seconds ago (my apologies):
I was making use of the Thompson Reuters [since renamed and/or bought by LSEG(?) ] that were made available on broker platforms and through some financial papers. The said reports have not been available at such sites for several months. LSEG does not sell subscriptions to non-institutional customers. I am looking for alternate sites and ask if you have recommendations e.g. Koyfin, GuruFocus, FinChat , Trading View—and there are others you would know. Would you also care to suggest the best stock charting tools available that include hard to find data such as PEG, forward P/E, EV/EBITDA &c. Thank you. :ao:sab

Q: Further to Rob's question about the Forums this morning:

I wonder if newer subscribers are even aware of the Forums, unless they happen to come across it by accident at the bottom of the website (who scrolls down that far?).

At the beginning of the year you replaced the "forums" link at the top banner with "Podcast". But I recall that the banner used to feature close to a dozen links, including forums, albeit with the words spaced more closely together. Granted, "Companies Search" takes up room now, but given the the wide spacing between the current handful of links, couldn't "forums" be fitted back in there?
And/or added back to the left sidebar?

Chris M.

Q: What is 5i opinion of Investor Business Daily service? They publish an IBD50 and IBD Big Cap 20 list. Have you looked at these names on the list over any period of time and is it a valuable tool? You may not be able to answer this if you don't use the service but if you do out of the names on the lists what would be your top 5-7 names?

Q: Everyone, for a medium risk person what would be a reasonable rate of return. Clayton

Q: Forums

If you dig deep enough in the web site (Click on members, then click on Start Here, scroll down to the last choice ) you'll find forums.

There are not many participants in these forums.

5i felt it was worthwhile to have a forums section, perhaps you could comment on some of the reasons 5i subscribers might want to participate in these forums.

I also posted this question in the forums section (Brokerages and research tools) if anyone wants to add to 5i's answer.

Q: Do the banks or credit unions insure an account up to 100 000 or
250 000. If a person has 1 000 000 and the amount actually is 250 000
does that mean you need four different banks or does four different accounts
work?

Q: I am retired and live full time in Canada. I use Norbert’s Gambit to buy US stocks for my US account. The alternative is buying US stocks from my Canadian account and paying extra conversion fees coming and going.
Does this strategy make sense?
I use the Gambit for exchanging $20000 or more.
When purchasing a Canadian etf of US stocks what are the conversion fees charged typically; would they be the same or different than if an individual was buying each stock on his own
Thanks for your advice
Much appreciated

Q: my public service announcement

re: saeed's question on averaging down


ugh, how many times have i done this only to regret it

i share this only to help others with this predicament

here's my figuring

as noted you own 1 share at $51 and are prepared to average down to $30 in order to 'not lose money'

therefore you will need to buy 6 new shares at the current price of $26 in order to bring your acb to +/- $30

6 x $26 + $51 = $207 (@ 7 = $29.57 ACB)

then, if the price increases to $30, you break even



the question is " you are already wrong on this company, so do you really want to triple your investment ($26x6 = $156)

trust me, i have done this many, many times (way in the past) and this is the epitome of throwing good money after bad

most often it is best to take your lumps and as peter says, move on and find something in an uptrend

good luck

Q: Hi 5i team,
My question is on Critical Illness Insurance and Long Term Care Insurance. Please comment on their usefulness as part of financial planning for retirees. Are there particular features to look for or to avoid when shopping for these kinds of insurance? Is going through an independent insurance broker the best way? Any links to articles on this subject that you can provide, including from Canadian Money Saver, would be most appreciated. Thanks.

Q: With Canadian dollar going down what companies on the TSX pay dividends in USD,

Q: I received this message below dated NOV. 20 and my 115 shares have vanished! (Replaced by cash.)

NUVEI CORPORATION SUBORDINATE VOTING SHARES PLAN OF ARRANGEMENT @ USD $34.00 PER SHARE 3,910.00 U$ CNV 1.3983900

How does this happen? Is it common? (I knew something was coming but thought it was going to be 2025.)

Thanks in advance!

Q: Peter and His Wonder Team
This is a question about the meaning of volumes. For example if a stock goes up or down on high volume what can we deduce from that. And the contrary...if a stock goes up or down on low volume what can we deduce from that. I know one day is just one day but I am just trying to get a read on momentum...if you know what I mean! Thanks your thoughts are always helpful.

Q: With the announced 2 for 1 split coming on this stock how does this split affect the CDR? Does it effect the costing or do we get more shares or a non event?

Thanks

Q: Since we're now in mid-tax loss selling season, what beaten-down losers can you recommend for early gains next year, and ideally long-term hold?

Q: I owned 600 shares of AW.UN and was under the impression that the shares would be exchanged 1 for 1 for AW. That is not what appears to have happened. My account indicates I now own 583 shares of AW. iTrade has also changed the apparent purchase price which would suggest that I sold the AW.UN shares and bought the AW shares. Have I misunderstood how this transaction was suppose to take place? Do I have grounds to insist the missing 17 shares be returned?

Q: Hello
A BNN guest recently commented on the actual potential hedging loss of the various CDR s & many US Hedged ETFs. He mentioned the global revenue s of these US companies have many conversions back to USD from the respective country's currency IE A CDN investor is in fact potentially losing more on these currency conversions also ?

5i s thoughts ?

Q: It seems like all tech companies use a lot of of stock based compensation to recruit/retain/reward employees? the way I understand it, if a company reports NON-gaap earnings it does not include stock based compensation but gaap earnings do? Is that correct? Can you briefly explain the impact of SBC on an income statement to a non-accountant or if it is too length direct us DYIers to a website that explains this well. I feel it is something us little investors should have more knowledge and understanding.

Q: Hi
I only saw two 5-6 minute videos of Peter's BNN Market Call interview. Is there more available, such as the Q+A? It was an inviting discussion and I'm interested to follow the rest of it. Many thanks.