Investment Q&A

Q: Hello Peter et al:

We are "nearly retired"! We hope NOT to need TFSA in the near future, may be not ever! RRSPs and non-RRSPs are fairly well diversified. The question(s) are: Do we need to still contribute to TFSA? (We haven't contributed to RRSPs in a few years.)
If we do contribute $ 5500 each 11k for both of us what two stocks ( one each per a/c) will you recommend? Our major risk factors are health (always unpredictable at this stage in one's life) and (adult) kids who are at the mercy of our politicians and their policies.
Thank you for all your help.
Mano.

P.S. One small suggestion....not sure if this can be pulled off at CMS or not. If in some way Ross Grant can give his BTSX portfolio in January issue, it would be cool. I know technically it may be difficult. But even if it can be uploaded on the CMS web site within a week and then appear in February issue, it will fine.

Q: Hi Peter and team,
This your no body is talking about tax loss selling. Will you pl throw some light on the subject and likely candidates having strong balance sheet?

Q: Since Trump's victory markets have reached new highs including the financials on both sides of the border.Note that 5I has been relatively quiet.Yet many stocks including the aforementioned but not limited to,have fallen quite a lot(some more than others.The primary reason could be rotation to other sectors.If co. specific,please advise.Please advise if it is time to start buying them,& if possible list them according to your preference.Appreciate your usual great advices & services

Q: Thoughts on dtea's results? Stock got punished, but it appears to be a broken growth stock, which can be painful. Also they burned through a ton of cash. Is this a case of great product but poor stock?

Q: Can you suggest alternatives to the above stocks?

Q: With the Bloomberg article yesterday on the potential bubble in Marijuana stocks in Canada (also you have warn us about these stocks), I was wondering if there was a way to profit from this. Would you suggest shorting 3 or 4 of these stocks? And if so do you have some suggestions?

Thanks

Q: Hi Peter and Team!! I enjoyed your last presentation on buying stocks! I will be looking to invest money in my TFSA and disregarding my other holdings and the fact that these stocks are different, which one would you chose for the biggest growth potential and which the least.? I hope that everyone at 5i has a Happy and Healthy Holiday!! Kind Regards, Tamara

Q: A couple of your listed companies listed here.
Publish if suitable.
http://www.theglobeandmail.com/report-on-business/rob-magazine/made-in-canada-five-factories-transportation-equipment/article33088005/

PB

Q: This is how the Globe portfolio analyzer breaks down my LIF portfolio. Objective is capita preservation and income. Is this reasonable diversification or should I be making changes to the allocation?

Sector % of Stocks
Financials 33.95
Consumer Discretionary 18.10
Energy 13.69
Information Technology 9.20
Industrials 6.66
Materials 5.84
Telecom Services 5.09
No Data 7.47

Q: if there was one company to pick that has been punished to much because of tax loss season,which one would that be?

Q: Do you have any suggestions for Finance Technology stocks -- preferably listed in Canada. Thank you.

Q: Hi folks,can you please comment of n/r that Redknee got an $80M investment from Constellation Software. Terms not listed but this seems like good news to me as a shareholder of rkn/t,and,fact that Constellation premier company who builds thru acquisitions, thanks for any advice/comments, jb

Q: Thoughts on the following please.
1) GEI
2) Reits in general
3) We have KMP.UN,CRR.UN, DRG.UN, DIR.UN,SMU.UN & NWH.UN which represent 8-9% of our portfolio.Any to get rid or(riskier)? Which REITS would you prefer at present if any?
Thanks,
Ted

Q: Could you please give me your opinion on holding or selling these companies.
Thank you.

Q: could you please rank the relative risk of the stocks in your answer to Stephen's question about generating capital gains.
I'd like to do the same, but don't want to take on unnecessary risk.

Q: For someone looking at a retirement in 2 - 3 years that will be funded by personal investments, I am having trouble formulating an investment strategy that would currently include fixed income investments. Fixed income securities seemed destined to only go down in value in the foreseeable future as interest rates rise so why would I want to invest in them? Pipelines, utilities and telecoms may also drop but their yield is currently quite good and secure and capital appreciation is always a possibility, if not a probability, in the longer run.

It seems to me that much of the argument for holding fixed income assets is to ensure the preservation of one's capital. But if I am ultimately going to invest largely in quality dividend paying stocks eventually anyway to fund my retirement is capital preservation the main concern? Isn't dividend "preservation" more the issue?

I feel like I am missing something because it seems that all advisors, planners and analysts strongly suggest there be some fixed income in a portfolio, especially as retirement nears. What are your thoughts?

Appreciate the insight.

Paul F.

Q: Will be doing some re-balancing early next year and would appreciate your thoughts/ considerations/ suggestions.
Can. Tech :
Own CSU, DSG, and ENGH. Will keep CSU - which of the other two would be the better complement and the keeper?
Can. Industrials:
Own CNR, NFI, STN and SJ . Will keep CNR and NFI and leaning to STN due to SJ small over-lap with CNR but would appreciate your thoughts.
Thank-you.

Q: Hello Peter and Ryan,
Without knowing my portfolio details, I know it is hard to give advice. However, I do have a diversified portfolio and am looking to add a long term growth stock and a dividend paying stock without using my cash. I have to sell a stock and replace with another. I constantly hear good things about Spin Master. I was thinking of selling Alterra Power corp and Brookfield Business Partners and use proceeds to buy Spin Master. Does this switch make sense? Kinder morgan (aside from protests) has had good news with government approval and potential sale of their assets. However, the stock is not moving which is surprising. Is it worth holding or replace with ENB and TRP to get some growth and dividends. Lastly, Magna and Linamar have had good gains. Time to sell or let them run? Please let me know. Thanks again

Q: What is your opinion/entry for MAL ?

Q: Hello 5i team,
Once a year, I look into trimming the number of stocks that do not seem to go anywhere in the foreseeable future.
After FSV split in June 2015 between CIGI and FSV, CIGI has dropped by 9% whereas FSV has increased by 69%; I'm thinking of selling CIGI
MDA also gives me trouble and I'm not sure what to do with it.
Please advise, disregarding their respective sector weights
Antoine