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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 bought SLF a few years ago expecting to benefit from increasing interest rates. SLF has been a stellar performer despite the trend of lower interest rates this past year, especially at the longer end of the curve.
I’m certainly not complaining but am a little confused by the strong performance in a weakened rate environment.
Could you shed some light on the reason for their outperformance and prospects going forward. (I’m thinking of taking some profits)
Read Answer Asked by Bruce on November 28, 2019
Q: I hold BEP.UN in both my RRSP and non-registered accounts. It's having a good run and is now roughly 7.5% of my portfolio. I'm starting to think about lightening up to 5% on it even though it shows no sign of slowing down yet. The 2.5% i would sell would eliminate the holding in the RRSP to no tax consequences.

Deciding to sell a stock is always a struggle for me. Which of these options would you recommend:
Use a trailing stop loss (for the 2.5%) to protect against a hard reversal in SP and just let it ride?
or
Use near the money, 1 or 2 month covered calls on the 2.5%?
or
Sell the 2.5%.
or
Just continue to hold the 7.5%

Your advice is always appreciated.
Peter
Read Answer Asked by Peter on November 28, 2019
Q: See previous question below - obliviously bad advise + poor judgment on my part Anyway in order to salvage something I bought 200 shares LSPD back today in another account. Am right in assuming that the loss in the first account still stands and that as long as I do not buy any thru that account I will still be able to claim the loss?. Thanks PS do you see LSPD going back to test the $49 high in the next short time ? Appreciate you guidance (win some lose some )


I recently sold LSPD to crystalize a tax loss I sold it on Nov 22 for $29:72 presently its at $31 and change. I sold it after getting your opinion on tax loss selling. When I asked the question I was specific about LSPD and pointed out the risk of the stock increasing beyond the $4599 loss in the 30 day window. (always planned on buying it back. Anyway in the last 2 days the stock has gone up over 2 dollars (I had 800 shares so that approx. $1600) I am getting nervous about the stock rallying. Can I have your thoughts should I buy it back now before it takes off and goes back up to previous high of $49 ? or?
Read Answer Asked by Terence on November 27, 2019
Q: Much like KL's acquisition of Detour Gold, it doesn't seem that investors like Sun Life's arrangement with its subsidiary, Sun Life Vietnam Insurance and Tien Phong Commercial Bank (TPBank) which have formed a 15-year bancassurance partnership in Vietnam .
The agreement combines TPBank's distribution network with Sun Life Vietnam's market-leading life insurance products, giving 2.5 million TPBank customers access to a comprehensive range of innovative insurance solutions.

May I have your thoughts on the share price drop? Short term? Perhaps a switch to MFC is in order.

Thank you
Read Answer Asked by Martin on November 27, 2019
Q: Hi folks
I sold SIS at a loss in my non registered account. However I also own it in my TFSA and my RRIF at a gain. Does this make my loss null and void? I may buy it back in my non registered in 30 days. Also you had mentioned that you would like to see SIS break at $14.15... But is it good to buy now (if I decide to add to my TFSA holding).? Or would that also break the 30 day rule?
Thank you again for a good year.
Read Answer Asked by El-ann on November 27, 2019
Q: Hi Peter, Ryan, and Team,
My wife needs to convert her RRSP to a RRIF. She presently holds BAD (still up 82%) and SIS (presently down 17%). We're considering selling BAD and buying more SIS in order to reduce the number of holdings and to be able to replace a stock that appears to be on a downward trajectory (BAD) with one that seems to have gained momentum (SIS). Please comment on this strategy, and thanks in advance.

Read Answer Asked by Jerry on November 26, 2019
Q: Between Nov 15 and Nov 18, one director sold 41000 shares of SIS , reducing his holding in his personal account to 76500 shares. proceeds $592000. He also divested 23667 shares from an account in which he has indirect ownership, eliminating this account position, proceeds $341000. Does it mean he has no confidence in this company? Could I have your comments please. Thanks a lot

Cindy
Read Answer Asked by Cindy on November 26, 2019
Q: On Oct 30 Go Easy put out a press release about an enhancement to their credit facility by a syndicate of banks. Since then the stock has done well along with a positive earning release.

The question here is more educational but when the banks give out these credit facility and assuming they have an investment arm dealing in mutual funds etc is the exception for those fund mangers to buy GSY in their funds if it fits the fund profile? Trying to get a sense of the relationship here (if any)
Read Answer Asked by Sal on November 26, 2019
Q: Hello 5i,
I sold NFI, PSI and CCL.A as tax losses on October 25. Should I buy them back now, just add to the positions I now have or are there other equity opportunities to consider in replacement. I am a retire, value, dividend investor, 60/40, evenly distributed with many from the INCOME MODEL PORTFOLIO.
Stan
Read Answer Asked by STANLEY on November 22, 2019
Q: GDI: 5i seems to like this company at 30 x FPE, a lot of debt.. What am I missing? In general, I only buy large cap "dividend growers". I have only bought 2 growth type stocks before BAD and ACQ which I held for a few years and sold at huge profits - both never to return to their previous highs - so, never considered them core positions. The same would apply to GDI; however, a little gun shy on this one at these highs.
Read Answer Asked by James on November 22, 2019