Q: A reply to James regarding BMO. I have a margin account with BMO with mix of Canadian and US currencies. Dividends are credited in the currency of the issuer, I can settle sale and purchases in either currency of my choice. Nothing ever converted unless I choose to do it. Complete flexibility online. So I wonder if it is familiarity with the online system that is not getting James to do his choice or maybe it is a different rules for registered accounts.
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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: A reply to James regarding BMO. I use BMO Investorline, but don't have a US account. However, in my RRSP account, I bought a US ETF in CAD, but when I sold it, I selected to settle in US dollars and it allowed me to do this. The exchange rate didn't make sense to me and when I called and asked for an explanation it still wasn't convincing. Not the same as what you're dealing with, but I agree that sometimes they don't appear to be very helpful. I've had both good and bad experiences, it almost seems like it depends on who answers the phone. It doesn't make sense that they can't do what you're asking for.
Q: Where can one obtain a chart of the margin levels on the TSX as is available on the US exchanges? Tx.
Q: Good morning 5i team
How much of a strategic threat does 5i feel global Fintech is to the largest Canadian banks? And, what do you the Canadian banks doing to ensure their competitive position?
The July 17th Economist article "The funding frenzy" notes "a funding round in June valued Klarna, a Swedish 'buy now, pay later' start-up at US$46 billion." They quote other similar examples. Smart folks are making these investment decisions in finch start-ups What should the small investor be considering today about their investments in Canadian banks?
Thank you.
Edward
How much of a strategic threat does 5i feel global Fintech is to the largest Canadian banks? And, what do you the Canadian banks doing to ensure their competitive position?
The July 17th Economist article "The funding frenzy" notes "a funding round in June valued Klarna, a Swedish 'buy now, pay later' start-up at US$46 billion." They quote other similar examples. Smart folks are making these investment decisions in finch start-ups What should the small investor be considering today about their investments in Canadian banks?
Thank you.
Edward
Q: It looks like around Seven AM this morning the Canadian dollar abruptly shot up a more than 1%, thus wiping out any gains I might make for the day. Any idea what the cause was? Any predictions about where the dollar-dollar ratio is headed in the near term? I hold a lot of US stocks in unhedged Canadian ETFs and am now reconsidering the helpfulness of hedged products.
Q: Wondering your thoughts on this UK company going forward?
Q: Hi,
In a previous response you indicated that you would use ETF's to complete the fixed income portion of a portfolio. Could you explain your rationale for this as I have been under the impression that any ETF, even a bond type, carries substantially more risk that purchasing a bond directly. I have a couple of short term bond ETF's but have more money allocated directly to bonds/GIC's in my portfolio.
Thank you.
In a previous response you indicated that you would use ETF's to complete the fixed income portion of a portfolio. Could you explain your rationale for this as I have been under the impression that any ETF, even a bond type, carries substantially more risk that purchasing a bond directly. I have a couple of short term bond ETF's but have more money allocated directly to bonds/GIC's in my portfolio.
Thank you.
Q: Could you explain to me the difference profitability and positive cash flow and if possible could you give me an example thank you
Q: Big drop in the market today. Is this a correction or are there bigger issues. Thanks. Ernie
Q: POAHY:US is the symbol in NY for Porsche Auto in Germany (it’s an unsponsored ADR and is not in your data base) . This business is held in the EWG (Germany) ETF. In addition to holding a modest amount in EWG, I also have a tiny position in POAHY. I thought of topping up after reading some near-rave reviews in Barrons on July 6, 2021. Barrons also listed it as a PICK in its "Picks and Pans" on 6 July. I would appreciate very much if you would please care to comment on Porsche Auto Company.
POAHY pays a healthy dividend (4.85%). More troubling than the high dividend is that it does appear to be seriously under-valued. Is it a value trap, you think? And do UNSPONSORED ADRs carry more risk? Thank you.
POAHY pays a healthy dividend (4.85%). More troubling than the high dividend is that it does appear to be seriously under-valued. Is it a value trap, you think? And do UNSPONSORED ADRs carry more risk? Thank you.
Q: Hi Everyone! Me again. I have been listening to some financial podcasts and the discussion came around to a liquidity crisis which these folks are predicting may happen in the fall. Now taking this all with a grain of salt, what , in a nutshell , is a liquidity crisis and under what circumstances could this becoming our way??? Cheers again, Tamara
Q: Is it a red flag when a company has a consistently much higher depreciation and amortization costs on the cash flow statement than it has CapEx spending? I have been researching a small UK company involved in online fraud detection. It is in a good space but this is one thing which worries me, together with rather low cash return on invested capital. Any comments appreciated.
Q: Could you please give me four small cap stocks to put in a TFSA taking into account my high risk profile. Could you also rank them with your top pick first knowing you do not favor these type of stocks
Q: Hi, I am interested in measuring the risk of my stocks, what is the industry standard or most widely used measure in the investment community, standard deviation? sharpe ratio? And what would be a good number to indicate low volatility?
Thx
Thx
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CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
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Agnico Eagle Mines Limited (AEM)
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Miscellaneous (MISC)
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Maverix Metals Inc. (MMX)
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Nutrien Ltd. (NTR)
Q: I need to increase my material sector weighting. So what Canadian & US growth and value oriented material sector stocks would i5Reseach recommend. Thanks … Cal
Q: Hello 5i Research
The US index has out performed the TSX index the last decade.
Do you think that the next decade
the Canadian market will out perform the US market ? What are your thoughts/ guess?
Thanks
The US index has out performed the TSX index the last decade.
Do you think that the next decade
the Canadian market will out perform the US market ? What are your thoughts/ guess?
Thanks
Q: Hi, Iam having a hard time getting my head around how Bonds work. They are talking about a bear market for bonds these days, but when the price of bonds decrease then yield increases, so wouldn't the increase in yield offset the decrease of the bond price, Thanks?
Q: I've just read your email regarding the upcoming changes to your website and fees. What's the difference between "5i membership" and "basic bundle"?
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Amazon.com Inc. (AMZN)
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Alphabet Inc. (GOOG)
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Miscellaneous (MISC)
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ARK Innovation ETF (ARKK)
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Vanguard All-Equity ETF Portfolio (VEQT)
Q: What are you thoughts on using broad based ETFs as "cash" in a portfolio? It seems like that's how the ARKK funds operate, except they are using stocks (I think GOOG and AMZN). To give you some context, my portfolio is mainly VGRO/VEQT, with some 5i stock suggestions for growth mixed in. I dollar cost average into the ETFs every two weeks but I'm wondering how I should approach adding to some of my stock positions and/or start a new position. Thanks as always.
Marc
Marc
Q: I have to laugh about inflation/CPI gaining ground versus same time last year? Really? With lock downs and pent up demand who would expect anything else. I read a great article from the head of the Fisher group in the USA. To summarize: this is transitory for the two reasons I mention and others. Be interested in 5i comments. Oh, the huge debt precludes any significant move up for interest rates. Would be happy to send it to you - very bright guy.