Investment Q&A

Q: I need to sell some of my consumer cyclicals for portfolio balancing
I hold BYD.N, DOO, CCL.B, MG, NFI, TOY, TSGI
In what order would you suggest I sell them in and why.
Is there one that is not on this list that I should be holding?
Thanks

Q: On reviewing your responses, I noticed your preference of BYD. Meanwhile, NIO has taken a dive, although this co seems to get also support. How to proceed on these two companies, buy/hold/sell? Would investment in MG or even Ford be preferable?
Thank you for your input!

Q: Thank you for for answer yesterday about setting up my parent's investments. To summarize, they are very conservative, above 80 years old, and looking for safety and income.

I would now like to ask you about the distribution of the equity component of the investments (composing only 17% of the total, the rest being in bonds, preferred, and GICs). Those below are all in equal weight. What do you thing?

BEP.UN, BCE, BNS, CM, CU, ENB, TRP
XHC for healthcare exposure
IWO for US growth
VGG for US exposure
XEF (in a half position) for international exposure
VEE (in a half position) for emerging market exposure

Could you please suggest some more to round things out? I need another 5 or 6 stocks.


Also, do you have any objection to using ZAG and HYGH as bond substitutes for their conservative portfolio? I am buying individual preferred shares for that component.

Thank you once again,

Fed

Q: Any idea what the recent rise in Manga is all about. Do you see it continuing? Would you sell or hold or maybe sell some (at a profit) at this point or buy more?

Q: Hi Guys,

Should have provided a little more background on my earlier question about risk in the above Consumer Cyclical stocks.

1) I'm happy with sector weighting, and want to keep it at 15% ish. I want to hold these stock for 10+ years while they grow.

2) My view of risk was around which companies would be in trouble given company specific risk like bad takeover, too much debt...etc. I'm not concerned about market downturn as I've been through several and good companies will survive.

3) In order to keep my weighting I was looking for replacement ideas for the riskiest stocks.

Thanks,
Chris M

Q: I own several Canadian stocks in my TFSA that pay dividends in USD. Are the dividends eligible for the Canadian dividend tax credit?

Q: Hi 5i,
Looking to reduce some of the risk with the above Consumer Cyclical stocks, I'm currently at 14% portfolio weight with each of the stocks equal in sector weight.

How many would you keep, consolidate and/or replace with new to be sector diversified with less risk?

Thanks,
Chris M.

Q: I was wondering if you could recommend some stocks that trade on the tsx that pay dividends in US money. I believe pif does, could you name some others.

Q: Two great Canadian companies, which one you would recommend for an investment of about 5 years ? Thanks !

Q: Good Afternoon - I currently overweight in Consumer Discretionary stocks and would like to trim the number of stocks held. I am a long term investor (10+) with a healthy risk tolerance. Which in this group are your favourites? Which would you sell first? Thanks. Janet

Q: this is a comment on questions about CDN companies and US dividends:
At NBDB I transferred Magna shares from CDN RRSP to US RRSP. The shares were journaled from MG to MGA. I get US dividends. No exchange fees. Dividend exactly what it is suppose to be.
Question to 5i: any possible downside of holding US shares instead of CDN shares?

Q: Hi,
after trading over $71/share in February, the stock is down more or less 10% since their earnings release. I thought they had a good quarter and I was happy with another dividend increase.
In your opinion, what may be factors explaining this downtrend? Is this more related to the sector rather than company specific?
Also, I don't have a full position in the stock. Would this be an opportunity to increase my position or given the price action, is it better to wait and see where things settle? To be honest, I see the market telling me to stay away for now.
Appreciate your opinion as always.
Thanks,
Dan

Q: Hi 5i Team,

I hold about 5% in each of these companies, with the rest in indices (XAW, VCN) and cash. Do you have any recommendations for other companies I should be looking at to diversify? Thanks for the help!

Q: I currently hold a half position in Magna. Thinking of topping up. Also hold IPL - uncomfortable with the chart. Would you reduce/sell IPL to go to full position in MG ?? Thanks Jim

Q: Please comment on earnings. Thanks.

Q: hello Peter, can you please advise which stocks pay dividends in USD (from our model portfolios or otherwise solid names). Also, do most brokerages will keep in USD or convert to cdn. I noticed in my DISNAT RRSP account, dividend from BAM were in cdn dollars. \not sure if they converted to cdn, if so then, may move account to BMO INVESTORLINE or INT BROKERS.

Q: In my portfolio I have following Canadian equities: AQN (4.9%), BCE (4.78%), BNS (4.64%), WXM (4.5%), SIS (3.8%), BEP (2.68%), MG (2.29%), KXS (2.03%), PBH (1.94%), MX (1.92%), COV (1.87%), TSGI (1.76%).

I have a full positions worth of cash I would like to add to my Canadian content and was wondering on your thoughts as to adding to one new stock (ATD.B, WSP, CCL.B, other suggestion), 2 half positions, or adding to my existing positions.

I have a 20 year time frame and comfortable with some risk.
Thank you.

Q: Why has LNR under performed MG for the past year? Would you be buying LNR at these prices for an aggressive investor with 5 year time frame?

Q: Hi All at 5i! With all the family discord going on with Magna, should I let it go for now, or will this infighting not really effect the company? Cheers, Tamara

Q: All the above is what I have in portfolio with equal weightings. I purchased all stocks 1 year ago. I am down on all except for SHOP and BYD. TOY is Down the most. Do you recommend to sell any of these stocks? What new stock would you recommend to add to a tfsa for growth?
Please deduct credit as you feel appropriate.
Thank you.