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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: I have held this security (Sherritt Int'l Corp Senior Unsecured Notes 11/15/2018 8%) for 3 1/2 years. What can I expect on maturity in 2018 now that it has tanked?
Read Answer Asked by wayne on November 19, 2015
Q: Hi Team:
with CP trying to take over one of the US rails, it could become the biggest rail co
what would it do to the stock price ?
should we accumulate ? thanks
Read Answer Asked by Michael on November 19, 2015
Q: I have three stinkers that you have given up on and that I intend to abandon as well. I follow a selection of stocks in your portfolios but didn't sell when you removed them (to my regret): GXI, SCR and FM.

Do you have any advice on ditching these losers? Specifically, should I 1) sell today at market, having decided I don't like them; 2) set a good-till-cancel limit sell order at a better price; or 3) sell in the new year in the hopes of a bounce post-tax-loss-selling season? Or something else. I'm happy to be patient short-term but want them gone by February. Thanks for this great service.
Read Answer Asked by Chris on November 19, 2015
Q: hi all. just sold 4400 shares this a.m. lost over 8000$ Won,t be the last loss for me anyway.. Thaks for the great service, The last two years have been a great education. I will sign up for another two years before Dec, even though my programme doesn,t end till Aug, Got a good suggestion for a measily 5000$, Thanks for all your efforts.Regards Cliff
Read Answer Asked by cliff on November 18, 2015
Q: I am happy with the dividend but would be much happier with less dividend and at least some growth Any suggestions or should i just sit tight
Read Answer Asked by andrew on November 18, 2015
Q: Thank you for your recent article on Call Options.
1. Would you be willing to share with us which online trading platform you use to execute your call option trades?
2. Could you briefly explain if and how the call option premium income would affect the T1153 filings each year?
3. You mention that because of 5i no-conflict rules, you only invest in non-Canadian securities. Will this method work as well on Canadian stocks and would you be able to provide some good safe Canadian names for a beginner start with? If so, would you still use the same online trading platform for Canadian trades?

Thank you again,
Read Answer Asked by Chris on November 18, 2015
Q: Hi; This should be a simple question. If a large firm\investment bank is underwriting an IPO or equity offering, what specifically does that entail. Is that simply the firm\investment bank selling equity to client. Is there any fiscal inputs required from the large firm\investment bank. Secondly, if the investment bank is underwriting and providing analyst coverage isn't that an obvious conflict of interest. Are there no regulations for that?
Read Answer Asked by Uthaman on November 18, 2015
Q: I am curious as to what criteria is used for selecting companies for the various portfolios.
I realize that the criteria will be different with each portfolio and its purpose but my curiosity has been peaked by a stock that has never made any of your lists.
I realize that there are a limited number of spots with a limited number of portfolios and as such you must make choices as we all do.
In my case the curiosity was peaked by NFI which I have owned going back to the good old trust unit days and while my portfolio shows that I am up 260% all of the shares that I own are really free as I have taken all of my costs off the table, so to speak and I won't be trimming my holdings of it any more.
Since I have owned and followed the company for many years other than a very brief period of concern over the lack of American municipal finding for public transit, the company has had a full order book, been profitable, increased dividends and increased in value.
Never made your reports or portfolios hence my curiosity.
I has even survived being recommended by Gordon Pape although that effect may still linger!
So why wouldn't a company like that make a portfolio?
Thanks for the great service.
Read Answer Asked by Kenneth on November 18, 2015
Q: Is this stock worth buying at this time? I do not need a dividend and I'm willing to wait for a capital gain.
Read Answer Asked by lori on November 18, 2015
Q: Hi 5i team
I'm looking at adjusting my rrsp holdings
I currently hold
25,000.00 in cig837
255,000.00 in cig686
57,000 in mmf006
39,000.00 in pmo006
I'm thinking that I have to much bond exposure and would like
To move some into vgg eft to get some America company exposure
What are your thoughts
Tks for the input
Sam
Read Answer Asked by Sam on November 18, 2015
Q: If you HAD to make your best educated guess between gold & oil which is more likely to recover first?
Read Answer Asked by Joel on November 18, 2015
Q: I hold CN in my unregistered account and it has gone up considerably. I plan to donate half my holding to charity and buy it back either using my & my spouse's TFSA for 2016 or in my unregistered account. Have you a suggestion as to which is the better spot for it? I assume it will probably not repeat the spectacular rise it has had since I bought it years ago.
Read Answer Asked by M.S. on November 17, 2015
Q: Most of us have BAM in our portfolio. I came across this article in Seeking Alpha. Any concerns?

http://seekingalpha.com/article/3692366-brookfield-asset-management-a-black-box-with-u-s-and-canadian-regulators-lurking-in-the-background
Read Answer Asked by Ford on November 17, 2015
Q: Could I please have your opinion of Western Forest
Read Answer Asked by Burt on November 17, 2015
Q: I have to preface this by saying I`m not a buy and hold investor, but it makes me wonder when people complain about a stock`s poor performance. If a stock has dropped 50% why are you still holding. At what point does it become obvious this is not a good investment at this time. That`s not to say it won`t be a good investment in the future, but it now has to double for you to break even.
Sorry for the rant, and I would like to thank 5I for helping me to retire early and continue to live a reasonable lifestyle.
Read Answer Asked by Kyle on November 17, 2015