Investment Q&A

Q: Hi Peter and Team,
What is your thought on Finning International's qtr report.
I understand it tied to mining and energy business, would you see any growth in the future when these sectors get improvement, do you think this company can overcome this downturn.
Thanks for your advice.
Pui

Q: Wondering how you interpret their latest results. They seem quite tied to the oil industry and with capx down across the board, do you see growth and continued dividend payments?

Thanks.

Paul F.

Q: Due to seasonality should I sell this (wft) or hold longer. I am currently up 10%

Q: Presently, I own CRH Medical (CRH), Patient Home Monitoring (PHM) and Prometic Life (PLI). CRH is going up nicely every day - is the valuation stretching?
Please suggest a fourth name to add to this list. I don't mind some risk for the rewards the three mentioned have given.
Thank you.

Q: Hello, I am coming into a significant one time lump sum amount of money. I currently have 44 stocks, all purchased after reading your web site. I have about 80% of the model portfolio. The others are stocks that seemed like good buys and so far I'm very happy with my overall performance. These good buys came from suggestions and comments I've read in your "questions" section (which I love by the way)

I'm considering taking 25% of the portfolio as cash - and waiting for downturns in sectors as we've seen in the last year. 25% in safer vehicles - any suggestions would be welcome.

50% in equity stocks. Am I too late or is the current market too saturated to split this 50% into your model portfolio? In your opinion, is the model portfolio - at this time a reasonably safe investment with potential for good returns from both capital gains and dividends?

For perspective, I'm hoping to earn $130k pretax per year, I'm just retired at 56 and will have slightly over $2 mil invested.

Q: Do you see any potential upside to Uranium in the near future? I have held Cameco for a few years now and it hasnt done much. I am thinking of selling it in order to reaise cash. Thanks.

Q: 5i
I have a half position in GC but just cannot decide on whether to ad to this one or start buying into aya . Aya has been doing much better while GC has lost some ground .
Also I'm thinking of getting back into acq since it has had much better momentum of late and forward earnings look quite solid plus it's well down still from its high .
I would greatly appreciate your advice on these stocks .
Thanks
Bill C.

Q: It has been on my watch list a long time. I was reluctance because of the one man issue. ( health and other associated possible issues )
Did it and does now make sense to stay away ?
This thing goes up like a balloon. Is it to late and would you recommend it now ?
thanks
Yossi

Q: Which dividend would you consider safer- bdi or frc?

Q: Like RME and MR.un but afraid the Oil situation will hurt them, am I late to but Teck. Many thanks Joe P

Q: Could I please have your comments on WEF's Q4 report.
Thanks
Roy

Q: New member, first question :
What would be a sensible approach for a portfolio in the red for a number of years basically due to investments in shares of gold and silver companies, and to a lesser extent in uranium and iron ore ?
I am 74 old,and, as such, not looking for long term, but my investment portfolio is needed to supplement a modest pension. I have been hoping for a resurgence of gold and uranium prices, but I am beginning to despair on that account. Here are the shares I hold and, in parenthesis, my losses on paper against the price paid: in my regular account: anv-t (94% ) auq-t(45%) edv-t(89%) mag-t(17%) mdn-t(15%) sso-t(72%) slw-t(2%) yri-t(67%) nugt-n(62%), cev-t(99%) wai-t(99%), yel-t(90%), mat-t(92%), mga-t(58%). In my RRIF: ar-t(79%) abx-t(49%) bto-t(19%) img-t(60%) vgz-t(88%) . I also hold in my RRIF McKenzie Precious Metals (57%) and Sprott Gold (12%). In total, my losses on paper in my regular portfolio is 26 % and in my FERR, 52. %. The question is what is worth selling and keeping ? I would like to raise capital to invest along 5iResearch lines, but I see no point in selling shares who have lost more than 60% of their value as I will never recover from such a loss, even with the guidance of 5i research to buy promising companies. I already use a maximum of margin credit in my portfolio. Your views, Dr. Hodson ?

Q: I am very surprised at the relatively poor performance of HRX over the past year, particularly given the very large backlog of orders it is supplying to Boeing (and others). (Both National Bank and Scotia analysts have given it a 1-yr target of >$14 for some time now.) I would appreciate your opinion as to whether I should buy (more), sell, or hold. Thanks!

Q: I have a few different portfolios like many people. My RSP, my wifes RSP, her spousal RSP, Mine and her investment account, TFSA's and my kids RESP's. How does one do sector weightings for each of these? Should they be bunched togeather and considered as one or each of them should be viewed as a seperate entity.
Like your article pointed out in general some of these are weighted more towards finanlcials (SLF, BNS and HCG) and Oil (SGY and WCP) I am am trying to balance to consumer staples, health care and consumer descretionary. I am inclined to wait a little bit for the oil sector to improve prior to balancing. Some guidelines and suggestions are welcome. Thanks very much.

Q: Hi - we have bce, otc and cm invested in a rdsp.
could you please provide suggestions for 5k to be invested?
thanks for your help.

Q: Hi 5i,
I am in the process of completing our portfolio re-balancing after our 5i review. By the end of the process, I will have about 2.5 % cash left to deploy in our Non-registered investment account (i.e.: fully taxable). I was thinking of putting 1.25 % in each of any 2 of the following - in order of (my) preference:
1. DHX.B
2. HCG
3. CSH.UN
4. XTC
5. SJ
6. CXI

I believe we will be well diversified and well balanced for the most part and so this money will only have the constraints around taxation as an issue. So, given the foregoing, how would you rank these and are there any other suggestions you might make??

Thanks for everything - you folks are awesome!!!
Cheers,
Mike

Q: MY RRSP is full of large cap, dividend paying Cdn. equities so my TFSA is where I am a little more aggressive. I presently have SUMMIT REIT 2 as my only holding. I am looking for small cap, dividend paying stocks which offer income and growth to provide more balance to this account. Any ideas? Thanks

Q: I have recently transferred all my holdings from a Financial planning company to a self directed RRSP/LIF worth about $700,000. I joined 5I to get some thoughts on how to invest $350,000 in cash. The cash came after I sold all mutual fund holdings that existed in the former plan. Should I hold in cash for now as the market seems to be volatile & over-priced, should I purchase a basket of ETF's based on your sites recommendation or should I purchase individual stocks as per 5I's recommendations. I seem to be locked in fear of doing the wrong strategy but I know holding cash is not the answer. I really appreciate your advise and enjoy reading all the questions, thanks.

Q: I'm 66 w a blessed portfolio from years of investing and using 5i(thank you).
To preserve retirement capital would you:
1) Take 1/2 & buy 5 laddered bonds w 1-5 yr maturities,hold to maturity and replace as they mature annually?
2) Take 1/2 and buy a bond ETF? - recommendation?
3) Take 1/2 and buy a bond mutual fund? - recommendation?
4) Leave the rest in a well diversified portfolio(growth, dividends)?
Thank you.

Q: I have full positions of six Reits in my RRIF (AAR, BOX, BPY, DIR, HR, NPR). They represent 21% of my total RRIF and 12% of my overall portfolio. Please advise your opinion of these holdings, and is this percentage allocation high, low, or okay in your opinion? I have been considering CHE.UN or VNR as possible replacements if I reduce my REIT exposure. Thanks, Barrie