Investment Q&A

Q: To follow up on my question regarding adding to CXI, would you prefer ESL or CGI for a 1-2 year timeframe. I already have ESL and it makes up about 3.5% of my portfolio. CGI seems to have had not the greatest past 6 months.

Thanks,

Jordan

Q: Hi team:

the above is a conglomerate, would you classify it as indutrial ?
would you consider it to add to your balanced portfolio as a 3 plus year hold ? would you rank it as a "B" or higher in quality ?
as it pulled back to about $ 41, thinking of adding a small position in my balanced portfolio, thanks

Q: Your thoughts on Labrador Iron Ore going forward as a long term hold. It has fallen considerably this summer. Is the dividend safe?

Q: Regardless of sector or risk what are your 5 favourite stocks today? Thanx Robbie

Q: Announced today that they retained a banking firm to review potential strategic and financial opportunities. Does this sound like the company is considering going private/selling itself, or looking to grow by merging with or acquiring another company? As a shareholder I would be more pleased with the latter as this allows me to participate in the growth of the company.

Q: HI Peter,
Any idea why Currency Exchange is dropping every day? Also, I thought Fairfax had mechanisms in place to ensure it does well if there are market corrections, but the stock is stagnant. Any comments please

Q: I noticed reference to some portfolio changes being done but I don't seem to be seeing where this information is posted on your website? Ian

Q: Hi Folks: Does ESP have any involvement with the Internet Of Things? If no, does it have any potential for future involvement? Aside from Sierra Wireless, are there any other Canadian listed companies that have any involvement with the IOT?

Q: What is your take on Martin Armstrong and his Economic Confidence model?
Thanks for all you do

Q: Hi, I'm looking for some recommendations for low risk, slow, steady medium growth stocks? I'm considering CTC for a 3% position in my portfolio. What do you think of CTC now and are there other alternatives you like better?

Q: Hi, I'd like to follow up on Alex's question regarding an NDP election victory. Among their election promises is to treat all capital gains as income, and tax it 100%, not as is present, at a 50% rate. Would you expect this, if implemented, to result in a large outflow from small caps, especially high growth companies which don't give dividends, into dividend paying stocks?

Q: My question has to do with selling shares due to the "opportunity cost" of continuing to own them. As we go through tumultuous times, we are being coached by you (and many others) to stay the course, maintain a diversified portfolio and remain with companies that have not experienced fundamental changes to their businesses. Supporting this thesis is that you can't time the market and a good company is a good company - until it is not.

But then on the other side we seem to have situations where stocks go down for no apparent reason, other than investor irrationality, and they then seem like excellent buys. This is where the question of opportunity cost arises. I own BDI, SYZ, BAD, AVO to name a few stocks that are down but continue to be largely viewed as good companies (ok, maybe we should have left AVO out of this). But are we investors suppose to contemplate selling these stocks because it appears that it may take a year or two for them to come back, hence the opportunity cost, to buy things we think will rebound faster? If so, isn't that then trying to time the market? It seems to me that while I am eager to buy up some "bargains", I am fully invested and am not adding to my savings and therefore I do not have the cash, so I will just have to sit and wait for this market to rise again. Or am I being too doctrinaire and making the amateur mistake of not selling my losers?

Sign me a little confused! Appreciate your insight.

Paul F.

Q: With reference to Bryron's question, I am also very concerned with deflation as opposed to inflation. There is way too much debt worldwide. As an experienced money manager and I know you don't have a crystal ball, would you lean towards deflation as opposed to inflation? I can't see how inflation can rear its head in this environment and is deflation in a short period of time a real risk to the stock market?

Q: Hi guy,s Thanks to you I bought a 1000 shares at about 7.30 per Share. Right or wrong I cashed in at 18.55 today . Where would you put $20,000 today excluding the oil patch as I am over weight in this area. Thanks for your advice. Regards Cliff

Q: Note that you are adding the above 2 stocks mainly due to value resulting from recent sharp declines.Please advise what is FX as You stated that ENB only has small exposure to FX.Both are related to the very weak energy sector,so I assume that that valuation overrides the sector in this case. Also,would BAM.A a better choice than BEP.un? Thanks a lot for your usual great advices & services.

Q: I have a question about the upcoming election. Most polls show the NDP leading. From your experience do you think it is reasonable to expect something of a market sell-off (perhaps leading up to the election if the polls continue to show the NDP leading or after the election itself) if this continues? Please note I am not asking anything partisan here. I am just considering whether or not there might be a good reason to wait until after the election to buy a few things. Thank-you.

Q: FSV rated on summary portfolio as B- but report shows B. CIG is not rated anywhere. Please advice, should CIG be sold and is FSV a B.

Q: Good morning Peter and team,
I have some cash to invest and the 2 stocks I am still underweight from your equity balance portfolio are SYZ and ATD.B. I tend to favor ATD.B over SYZ although SYZ has dropped significantly. My portfolio is well balanced and would remain so after the purchase of either Co. Which one would you favor for a long term investment portfolio? Thank you for your unmatched service.

Q: Peter & team, can I get your perspective on PSG and their last results? Thanks.

Q: Hi Folks,

I'm looking to make an investment in the auto parts sector. I know you tend to favour MG but I'm looking for a little more torc. I was thinking of MRE or XTC. Which would you recommend or would your prefer a half position in each?

as always, thanks for your help.