Investment Q&A

Q: In relation to Jean's question concerning pref shares with reset floors, please note that bank shares do not have such floors for regulatory reasons (in order to be considered as Tier 1 capital).

Q: Due to recent bank stock valuation gains, I am over-weight in financials. My finance sector contains SLF and three banks; TD, BNS, and RY at 6.3%, 5.8% and 5.2% of my portfolio, respectively. I would like to reduce my bank ownership for portfolio balance and I am considering two options; bringing each of the stocks down to 4% each or selling one of the banks, say RY, outright. As background, a full position for me is around 5%. My question, which of the two options would you prefer? And if it is option 2, which bank should I sell? Thanks.

Q: There is a rumor that capital gains taxes are going up ib the next budget. Should I be selling some of my big winners before the budget? Thanks, Mark

Q: If the government increases the capital gains tax, like it did in the past, does it affect the gains executed prior to March 22? If it doesn't apply to them, is there a reason NOT to sell my portfolio now and buy it back the same day? In my corporate account, I always will pay a 25% tax, whether I'm retired or not.

Q: Hi 5i,great information. Only wish I had found you sooner. I am a 60yr DYI investor, I inherited 100,000 and decided to invest with a CIBC financial advisor in a balanced ETF.
Now seeing your great site I am thinking to move my money, into one of your suggested model portfolio's (save on fees & diversify).
My personal investments are both ETF & stocks I am heavy in financials & precious metals. I have just recently started the google app which is helping me to identify where I am heavily weighted.
What are your thoughts to have mixed investments? Or move ahead doing all investments on my own? Looks like a lot of work to initiate but once engaged perhaps not so much work?

Thanks

What are your thoughts?

Q: Hello 5i team,
Of the growth portfolio, I own CRH,ECN,GUD,KXS,OTC,PEO,PLI and SHOP. I'm tempted by GPS or PHO or ZCL; how would you rank them, regardless of sectors?
Thanks,
Antoine

Q: Could i have your opinion on Vail Resorts, looks like a great qtr., still a good buy at today's price?

Q: Would BKLN be okay to add for income in an Rrsp along with the high yield bond etf Xhy? Or would this increase risk?

Kim

Q: Do you ever give any advice on market timing? For example, if you thought the market was at risk of a 5-10% correction, would you advise subscribers?

Q: Good Day. Just curious what would be some good diversified stocks to put in a TFSA. My friend has $10,000 to invest. His health is not good and he is near 60. His TFSA will only have this $10,000 till at least 2018.

Q: I just submitted a question on 3TL (ttm) but see I should have added the company to the text.
I would like your opinion about the lack of share price appreciation although it has upgraded shorter term contracts to yearly saas contracts with Toro, subs of MARS, I think Arm and Hammer, and now a sub of a large American media conglomerate. All of these deals are with multibillion dollar companies, although I would be the first to admit their deals are nowhere near that large.
Do you think it is because they don't mention the value of the contracts, a lack of promotion or am I overly excited because of the names?

Q: Can you comment on an article posted on Yahoo Finance by a so called Crash Guru Sandy Jadeja who says the Dow could plunge by 30 percent this year. The dates to watch for are Marc 13 and May 11. How should small investors react to articles like this. Thank you.

Q: Hey guys, thanks in advance! I'm wondering how I should allocate stocks across my TFSA and 2 different RESPs. I've been sticking to the balanced portfolio and I'm wondering if 12 stocks in my TFSA and 4 in each RESP is a good idea, or if the RESP's should be more diversified. Any advice would be great. There are 20 stocks total, all equal weight. Thanks.

Q: With INTL announcing the purchase of this company, MBLY's valuation is quite extended now. Going forward, what is your opinion of how much further MBLY stock price can go? Thanks

Q: Hello saviors,

Can you explain how beta of a security is different from equity risk premium? Aren't they essencially saying the same? Can you give me an example when you are comparing them?

Do you know a website that I can learn more about such topics?

Thank you!

Q: What can I say 5i ... excellent read in the March ETF Update.
Thank you,
Rick

Q: In anticipation of Peter's 2017 prediction that "the markets will take a huge dip sometime in 2017" (financial post article dec 29 2016), can I ask for 5 Canadian and 5 American stocks to look for that are fundamentally good, (not in debt, growing earnings and leaders in there industry), sectors are irrelevant.

thanks

Ernie

Q: With regard to Brad's comments on Mar-7th - Miscellaneous - I am in full agreement with him. Thank You kindly, Catherine

Q: Just a comment
Over the past 3/6 months I have witnessed a significant activity in the micro cap and the small cap "bought deals" at discounted prices that are simply an insult for retail investors (Ie. the suckers..... I am one of those...). Discounts of 30 to even 50% are in the order of the day. The last one Acuity deal for 3000000 units at $ 3.4. Price this morning ... (drums rolling....) $4.25 at the open.
Well I have my idea about this gouging.
1/ Everybody is trying to is trying to grease their wheels before they cannot do it anymore, and nobody Ie. the Pros?? would buy acuity at 4.4 even 4. I agree and I would not except I am frustrated not to be able to get my fair share at 3.4.
2/ The market space has changed drastically with spreads so big that a mammoth would fit easily, Prices quoted are the reflection of TSX while in the meantime The pros are trading on Aequitas, Alpha, CSE, Instinet, Matchnow, Nasdaq CXC, CXD, and CX2...
3/ short sellers have a wonderful time in Canada, IROC nowhere to be seen or heard.

So what to do?
1/If you take ownership of your stocks take advantage of the gift that shor sellers give you (PHM anybody)
2/ Accept the fact that you are not the Alpha one around and that your power is limited, but refuse to be fleeced.
3/ Do not trade blindly Ie. open orders and follow YOUR stocks: Your level of comfort is directly related to your level of ownership.

Peter, your comment would be appreciated as usual.
CDJ

Q: Hi,

Can you please indicate your top 4 or 5 value oriented investments for a combination of dividends and capital gains for the long-term (3-5 years or so).

Thanks,
IF