Investment Q&A

Q: Hi 5i,

With the recent big run up and huge embedded gains in gold/silver does it make sense to even consider investing in these precious metals at this time?

Q: Hi Team,
Can I have your take on NOW earnings? Beat on all metrics it seems like, yet the stock nose dives. CNBC has a headline saying "bear market is in for software stocks". What is a person to do now when I am stuck with NOW, and all the CSU family? Can I expect CSU, LMN, TOI to sell off a bunch more on earnings when they report like NOW is doing today even though they beat? I am finding it hard to decide whether to just Hold, buy more, or Sell? Usually selling is not a good long term idea in a proven quality name, but maybe this is different this time? However selling a sector that is being oversold might be a bad idea if I am expecting to invest it in momentum names at their "highs" (such as MU) that might roll over at any time...that would be a bad scenerio. Today is an awful day. My portfolio has peaked last October and still has not came back since and continues to fall. Losing confidence in holdings I thought were all quality names..

Thanks for any input you may have,

Shane.

Q: trying to shockproof my corporate account a bit and wondering what you think about equal amounts of a stock shift to

GIC ladders

T‑bills

ultra‑short bond ETF and an appropriate HISA would be here?

Q: Your thoughts of the unwinding of Japan's carry trade What should your clients
do to protect their portfolio's? For example sell high beta stocks as their values may drop. Will there be pressure on the value of short term money market funds? Will the interest rate paid on the short term market increase or decrease? I know this sounds extreme, but should there be a portion of ones portfolio in cash?

Thanks

Q: Would you currently view it to be riskier to hold USD than CAD?

Q: Greetings,

I have some cash sitting in USD. Do you think it's worth converting to CAD or Euros' on the basis of the idea that the "mighty" US dollar is in decline.

Thanks!

Q: We've been reading books on an eventual financial disaster for decades.
Does it make sense for anyone to have US cash these days .

We incurred some serious erosion of the USD in 2025 and things could get worse in coming months. Obviously DJT is ignoring all caution with record debt growth passed through his so called big beautiful bill.
With currency erosion , as Gold soars to new highs is there a prospect of countries dumping USD denominated bonds ?

Thanks to Ai , it seems that I now have 50% of my wealth on the US stock market.
I think I should start converting or have SOME strategy ... Please give us your opinion. Thankyou

Q: What is the risk if 100% tariffs were applied to CDA according to the recent situation,concerning 1) canadian economy 2) stocks and sectors ; is this is a concern for your excellent team , and does ,or shall it if effective,reshape your investing strategy?

Q: Hopefully, the term is self-explanatory.

So far, very profitable. Have you seen anybody who has written about it?

Q: In your opinion where might the better return be found between American economy or developed non American and reasoning? I realize that this can be a very convoluted conjecture. Thanx.

Q: How should I measure geographic diversification within a small cap growth portfolio of 15 Canadian companies? Say for example if Kraken Robotics gets 30% of its revenue from international, and Aritzia gets 60% from the US. Even though they are Canadian companies, can I reasonably say I have some diversification outside Canada based on source of revenue? Or is this a Canada only portfolio and thus not diversified geographically?

I consider this portfolio in my TFSA to be my fun money to invest for growth, so I’m not as concerned about perfect diversification like we have in our conservatively managed RRSP where equities are split 1/3 each between Canada, US and international.

Thanks for all you do!

Q: It appears that Trump's cognitive abilities are rapidly declining. What do you see as potential outcomes if he is unable to complete his term? What do you anticipate the impact would be on bonds, North American equities, crypto currencies and precious metals? Would precious metals be a possible hedge? I realize this is very hypothetical, but I'm interested in your opinion. Thank you for the service you provide.

Q: Hoping you can provide some comments around what the bond markets might be telling us right now and what it might mean for equities? Lots of rumblings with respect to Japan and rates/spreads in general lately. Is it worth a report/blog? If not, any insights you can provide here in answer would be gratefully appreciated.

Q: Looking s+p500...tsx and the dow which are under or over valued?

Q: Hi - do you think MDA is coming out of the "penalty box"...and why or why not?

Q: Peter; I’m assuming you saw the options exercised today by the Chairman. It was announced on the TSX , but not on the US. It also traded over 2M shares in the US. Were there any large blocks in the US traded and does the Chairman have any restrictions on the optioned shares? If not,would it be an overhang. I don’t think it’s the most liquid stock here but in the US it seems much better. Could you just comment on the news ? Thanks.
Rod

Q: Practicing "let your winners run" I now find two of my stocks accounting for
29% of my portfolio of 19 stocks - CLS 18% and PNG 11%,

Is there a corresponding expression to tell when and how to decide they've run far enough and start cutting back ?

Thanks as always for your help. It's greatly appreciated.

John

Q: If a stock isn’t a must own, but a like to own but on the skids. What is your preferred strategy? Is it always for the bottom relative on technicals and especially a turn around? A quick sentiment shift?

Would you employ the wheel strategy if they approached a comfortable entry; NFLX, FTNT, NOW. Would be my current candidates that have a reasonable chance of righting the ship.

More of a learning question from the team in adding a bonus position if you will, or just collecting some premium if it doesn’t hit.

Love any insight on this area and these examples. Thank you!

Oh AI report was fabulous, very much appreciated.

Q: This is a followup to your answer (thank you) regarding how to made a determination of which 'favourite' stocks to remove when one has too many .
Could you give me a few of what you think would be the most important ratios, or other factors to consider when assessing a balance sheet/valuation. I would be interested in those that would apply to most sectors, although if there are any that are unique to Industrial, Tech, Financial that would be helpful as well.
Just an add on question regarding P/E ratio. I noticed from a previous question I had regarding an answer you have to another member. You quoted a P/E ratio of 14 for TD based on consensus earnings estimates from Bloomberg. When I look at the drop down fundamental info on either my TD Webroker platform or 5i's dropdown info on any equity that is listed in the heading of a question, I see in both cases P/E being quoted at 11.15 for TD. How does one know whether the P/E ratios being quoted are forward earnings (as your Bloomberg quote indicates) or not. I see TTM - twelve month trailing- occasionally noted for certain ratios, eg. Price/Cash Flow but that doesn't seem to be the case for P/E in the TD/5i platforms ?
You may have done a blog or article that would cover my questions - but if not, perhaps it would be helpful to some other members?

Q: Hi There,

Regarding the suggestion that Euro countries, in response to the Greenland threats by US, could possibly wreak havoc on the US economically by dumping part or all of their trillions of dollars worth of Bonds.

How real is it that this could happen and what would be the possible effects on US Long Treasuries and stock markets?

Thanks.