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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: What is your opinion on : https://www.blossomsocial.ca, it reads Blossom fund invests in a diversified portfolio of fixed income assets. is this any good ? Would you place money here
thanks
Read Answer Asked by Fernando on April 16, 2024
Q: I would like to hear your thoughts on bitcoin miners as we approach the next halving date.
Read Answer Asked by Brian on April 16, 2024
Q: Hello friends,

Still not sure how to handle NBLY's CVRs. Since they landed in my RRSP account, my broker gave me two options: to sell the security or to transfer it out.

My question though is, if I transfer them out, do I still need to sell them explicitly sometime in 2026 or they will transform (hopefully) into $0.61 per share automatically?

Many thanks!
Read Answer Asked by Iulian on April 16, 2024
Q: Hi,
Our NBLY pharmacy shares were bought out and cash received. In our TFSA we now have shares of Neighbourly Pharmacy Inc temp with a purchase price of 24 cents per share with a total value of $168. I got a letter from itrade indicating these shares cannot be in a registered account subject to 50% penalty. Can you please help me understand what these new shares are?
Thanks,
Kerri
Read Answer Asked by KERRI on April 15, 2024
Q: Have some cash available to add to one or 2 of the following: CLS, DOL, DOO, GIB.A, IFC, QSR, STN, TIH. For a purchase at the current price, please rank from 1 through 8, for total return over the next 3 - 5 years. I believe you are pretty positive about each of these companies. No concerns about sector allocation.
Read Answer Asked by Dan on April 13, 2024
Q: Good morning,

For a moderately aggressive investor with a two-year time horizon, how might you rank the listed stocks in terms of a new purchase today?

Thanks,

Brad
Read Answer Asked by Bradley on April 13, 2024
Q: Hello 5i. I'm looking add a new growth position in a registered account, 3-5 year horizon, sector not a factor. PRL appeals for its momentum and valuation, GIB.A for its valuation and it sector, for which it seems very undervalued. They are apples and orages but which would you go with today, for growth? Thanks.
Read Answer Asked by Martin on April 12, 2024
Q: Morning 5i,
You may have recently fielded similar general questioning and if so I apologize for the repetition, but here goes. Almost exactly two years ago the market was at a high very similar to its current level and I was feeling very good about my holdings, but things turned south pretty quickly - especially in tech but in other sectors as well - and it's taken me much of the two years since to recover. Granted, at that time I was holding tech names like LSPD, ILLM, EGLX, XEBEC, DOC and WELL which have now been replaced by LMN, CTS, HTA, TXF, TXF.B and I have shored up the non tech end of things with names like BNS, CM, GSY, PRL, EQB, CNQ, TOU, SU, KEY, ENB, EIF, SIS, DHT.UN and MDA but I can't help but wonder - are we approaching that precipice again and if not, why not?
Is the market fundamentally stronger now, and more resilient, than it was when everything looked oh so rosy two years ago? Presently things seem to me almost too good to be true, and I think when that's the case they often are and I would sure appreciate your perspective on the year ahead. (Right now I feel like I should all and go to cash ...).
Thanks, and please deduct as you think appropriate.
Peter
Read Answer Asked by Peter on April 12, 2024
Q: For my more speculative investments I have a starter position in SMCI and TVK. At this time would you consider moving up to a half position in one of these, or purchasing a starter position in HPS?
Thanks
Read Answer Asked by Gordon on April 11, 2024
Q: I would like to change a large sum of US to Canadian dollars in my trading account.
I was thinking of purchasing US stocks for companies that are traded on both Canadian and US exchanges, and asking Scotia Itrade to move the US stocks to the Canadian side of my account, thus eliminating any commission in converting this US cash to Canadian. I realize that any equity I purchase could go up or down. I'm looking for a few stable companies whose stock values don't fluctuate much. Could you rank the companies in my subject line and possibly suggest others?
Read Answer Asked by Neil on April 10, 2024
Q: A lot of market commentators are observing that there is potentially a correction ahead. Ordinarily I would follow your long standing thought to not try to time the market and I would simply stay the course. But one income oriented account I am concerned with has a priority of capital preservation. These 7 named stocks make up about 1/2 of the holdings. Can you please provide your quick assessment whether they are reasonably safe in the event of a downturn. If not and they are more exposed to a decline, would trimming be sufficient or are there some other names to migrate to protect the account assets?

Many thanks for your excellent service
Read Answer Asked by Leonard on April 09, 2024
Q: Hi Peter, several years ago I held a stock that a short position was taken on it and it fell because of that and I lost money due to that. Now I heard that a similar "short" was put on WSP so to avoid a similar situation as before I sold my 40 shares but this time at a profit. In this case the shares aren't acting the same or not yet that is. Was it a mistake, did I over react or is the short warranted. How do you know who to trust. Thanks
Read Answer Asked by Nick on April 09, 2024