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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 had planned to buy TIXT as my next Tech purchase but it has been trending down (down 2% today as I write this) and I do not buy on bad momentum. However, it is getting near ist price the week of its issue and 5I are positive on it long term. I realize you cannot pick bottoms but is there a price wher you feel it "should not go lower"
Read Answer Asked by Don on July 14, 2021
Q: LNF is held in a portfolio whose mandate is income and capital preservation. There are a total of 12 equity positions. LNF seems to have some concerns about imported furniture and recently had a small downgrade from an analyst. I am wondering about switching to, say, TRI. Would such a switch be good, this portfolio with its mandate. Thank you for your excellent service.
Read Answer Asked by Leonard on July 13, 2021
Q: Further to you explaining your investment philosophy in your July 9/21 answer to Todd.

Regarding not "averaging down".....how about the situation where you are slowly building a position over time, as funds become available? For example, I am in the process of building a position in Leon's (LNF). I bought in Jan '21-$21.60, Apr '21-$21.95, June '21-$21.65 and plan to buy my last portion when the monies become available in August or September. Each time I review various LNF metrics, as well as recent 5IR questions, and then decide whether adding is appropriate. If I continue to like the metrics/answers and LNF happens to be lower in price, I then feel like I am getting it on sale. Does this rationale make sense to you?

Thanks for your help...Steve
Read Answer Asked by Stephen on July 12, 2021