Investment Q&A

Q: Dear 5i Team,

If there was an option to totally liquidate all of the investments someone had and start with a clean slate, which 20 stocks US and Canada (10 each) would you recommend for a 10 year horizon?

Thank you for your advice as always,

Much appreciated.

Q: I feel a bit lost and don't know what to do. Many of the stocks I own are down, some by a lot. Oh yes, it has been painful. Thinking of the long term, I did very little when the carnage started, and waited for things to settle. Perhaps they have or are getting close and I am getting ready to figure out what to do. But it is difficult to come to grips with some of the large losses, especially in holdings that I previously thought were pretty solid. For example, MG and PBH (and a number of others) . I see there are questions about these 2, so I am not looking necessarily for info about them; but more, do I sell stocks that I thought were, and still think are, good long term holdings, to move to other stocks that are said to have, currently, more potential? I see your comments about not sector jumping. But how do I adjust, if I get past my pain?

Though some are from registered accounts, there are losses in taxable accounts; how much consideration is to be given to that issue?
Many thanks for your excellent service.

Q: Hard question to define but was wondering what effect the surge in Nickel prices might have on investments in the lithium sector (which use nickel). Help or hurt?

Q: I have read an article, in a couple of papers, stating that buying the dip, while profitable in the past, is no longer a good idea. Comment?
Thanks Rose

Q: Wondering what 3 or 4 Canadian stocks you would choose to buy in a non registered account now, waiting for a full economic re opening and a settlement on the Russia -Ukraine conflict?
Seems energy, financials and materials are at highs. Tech is beaten up.
MG and SHOP come to mind. Any others you would suggest?
Thanks
jeff

Q: Hello Peter,
Thank you for your suggestion to have some silver in the portfolio. It got life just when I was considering an exit . This question is also somewhat related.
I am beginning to think that Energy and Commodities have got significant room to run this summer. I am overweight technology and overweight semiconductors within. All my favorite growth stocks besides UPST.
To increase my portfolio in energy and commodities I need to reduce technology including names like NVDA AMAT GOOG etc. I am thinking that the tech sector will not react violently to the upside and there will be sufficient time to rotate back from energy and commodities.
However, I also feel that just when I throw in the towel, the market will find support and bounce back. I do believe in their long term future but perhaps not a bad idea to trade the trend for now. I am on the fence with financials too at the moment, what with the war, asset freezes, bans and Powell tempering his tone.
What would you suggest to me.
Regards
Rajiv

Q: A few days ago I asked about a stink bid for Shopify, and your feeling then we had not evidenced capitulation in the market. What is your feeling today, do you think and feel we have reached a bottom ?
Your thoughts would be most appreciated.
Thanks
Rick

Q: My portfolio is moving in a V direction quickly. Growth on the decline and O&G, materials and gold moving up. I'm still comfortable holding the growth names I own. With the "let your winners run" theme in mind, I will need to rebalance soon which seems to be an impossible task in the current environment. Any advice? My train of thought is to wait till things settle in and then make a decision.

Q: Would you be more inclined to buy stocks that have momentum (such as oil, gold etc) or tech stocks that have been beaten up from their recent highs?

Q: I see bond yield on 30 year US paper around 2.25%. Does it not heavily support the return to lower inflation in the short/medium term?

What's your projection (best guess) for inflation in the next 3 to 5 years? Thank you.

Q: Everyone,
My investment strategy is to hold long term and hold the best of the best. I have not sold any of my tech stocks but I have recently been a buyer. The only thing that has changed in the last six months is the price people are willing to pay - for each seller there is a buyer! The noise will pass someday - I don’t know the day but it will pass.
Clayton

Q: Good morning Peter, Ryan, and Team,

In our combined accounts, we are overweight in the Consumer Cyclical sector, and hold ATD, BYD, CCL.B, and MG. These stocks have been held for some time, so we have reasonable profits in all four.

In order to raise cash for our under-represented energy sector, please rank the four Consumer Cyclical stocks in order of the first to sell or reduce.

Our Energy holdings include ENB, TOU, and TVE. Please suggest three or four stocks in this sector that would be complimentary to the three already held.

Please deduct as many credits as necessary for this somewhat long question, and as always, thanks for your valuable insight.

Q: If Ukraine and Russia reach a ceasefire say in the next ten days, how will the stocks in energy, gold, agriculture and financial sectors react to this new reality.? Specifically will they move fairly quickly, or with a different pace? What other sectors might be worthwhile to move into. Thanks for your valuable guidance. Please deduct as many credits as you deem fit for this broad question.

Q: I know the environment is iffy, but with tech on sale, and other tech (also on sale) flush cash, when do the bigger fish start gobbling up the smaller fish, and what, in your opinion, is holding them back? Thank-you.

Q: What is the current % weighting in the Tsx of energy producers,pipelines.
For an all Canadian equity portfolio what % would you recommend in each of the above for a long term hold?

Q: I don't know what to ask since my previous question seemed to be regarded as naive and critical . The situation has only become worse as Atlassian Corporation (TEAM ) + Shopify (SHOP) + Lightspeed (LSPD) + Digital Turbine (APPS) ,Crowdsrtrike (CRWD) and Boyd (BYD) are getting hammered every day . I can't see any signs of a rounding bottom , or recovery in these names . Now NVDA had a double bottom breakdown . "Holding" has increased my losses and now other sectors have plunged ... Post Mortem: Reducing Tech and deploying funds into Energy, Materials ,and Financials would have been the best move in recent months . Is it still ?

Q: Good morning 5i
Japan, has been struggling though long bouts of stagflation for a long time (10 years or more). High debt and low growth (after inflation) seems to be a reoccurring theme today. I would say that most G7 countries are pushing the limits of room on the debt servicing side. What metrics are similar to the "Japan" experience and what metrics are not similar?

Q: My apologies if this has been asked before, as I'm guessing it has but I just can't find the thread. Regardless, here goes: given the situation in the Ukraine, and the general instability that this brings, I am a bit perplexed with the recent strength in markets. My portfolio is actually up (slightly), as everything seems to have traction. Your thoughts ?

Q: We are a retired couple min 60's with large portfolio of Canadian large cap dividend payers plus assortment of NA and euro index etfs. Do we still need to carry bond etfs

Q: If the yield curve flattens either shorter term yields move higher and/or longer term yields decline. What is the more likely scenario?
Do you think the curve may flatten in next 6 months or so?