Investment Q&A

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.

Q: I currently hold NFI, LNR, and MG. I am wondering about selling NFI and adding to LNR and / or MG. Your opinion is appreciated. Joe

Q: In your recent comments you highly recommend MX.
How about MG in this environment ?
Also if I buy in Us$ i get the cdn dividend tax credit because of domicile. T

Q: My daughter TFSA contains the above stocks. She can add 1 (full position) or 2 (half position) this year. What would be a good fit for her present holdings? Would you suggest selling Stella Jones &/or Telus and replacing it with something else? She has a long time frame as she will not need the money in the foreseeable future.

Q: Hi Peter, Ryan, and Team,

Across all accounts, our sector allocations need re-balancing. I'm trying to re-allocate money only in stocks that are already held. In the Consumer Discretionary space, should I add to GIL and/or MG today? (GIL is 2.75% and MG is 2.92% of the total portfolio)

Thanks as always for the timely advice.

Q: I'm in the process of adding to/updating my consumer cyclical, materials as well as financial sector, with a tendency to a balanced vs. growth approach. I would like to add one stock of the below selection for each sector. Can you please give some guidance and as to why said particular stock should be selected?

C. Cyc.: GC / MG / TOY Materials: WEF / MX / CCL.B Financial: BNS / SLF / VB

Many thanks!

Q: Hi Peter:
Season greetings to you and your team.
I would like your opinion on the trade(s) I was thinking about.
1) Sell full positions in POW and NFI.
I've had POW for 5 years and it has done nothing during that time except go down about 20%. However, I also think that at $24.00 it has potentially hit a bottom support number. I would be happy collecting the nice dividend it pays.
I also think based on your recent answers to questions that NFI has potential going forward.
2) If I sold POW and NFI, I would add to the positions that I already have of the other companies that are mentioned.
I'm well diversified and this would not interfere with my sector or geographical weightings or the amount of dividends I am receiving.
I think both scenarios have their positive attributes and would appreciate your thoughts. Do the trade or remain the course.
Thank you very much for your valued opinion.

Q: Hi,
I wish to help fight climate change via investing in low-carbon companies - (renewable energy sources, EVs, batteries, materials from recycled sources, straw bale construction, vegan foods, etc) and also stop investing in fossil fuels, animal agriculture, etc as much as possible. Could you easily adjust your portfolios to make this possible? Are there ETFs that I could invest in as an alternative? I currently use both your income and balanced portfolios.
Thanks,
Helen