Investment Q&A

Q: 8 months ago, most people I know owned something in the cannabis sector
and those who didn't told me they missed a generational opportunity. Since then, the sector fell 65%. Many were wrong, including the management of Constellation,
who bought 38% of Canopy. Could market participants be just as wrong with energy right now? Aren't sector bottoms supposed to "feel" like this? In your answer, could you tell us if there has ever been a sector on the Toronto stock exchange that got destroyed similar to the current energy sector, and whether or not fund managers were also selling? A sector that later returned close to its previous highs? (ps: I wish I could find videos showing what was said close to bottoms back in 2001 and 2009).

Q: The Energy sector in general but particularly the Canadian portion is avoided and therefore undervalued. Is it a reasonable place for non speculative investments considering the political and sunset industry climate?

Q: Considering the current situation regarding the disruption in oil supply from the Middle East, it is already too late to take positions? If not, which companies (Canadian or global) would you buy to take advantage of the shortage? I'm looking for a balanced exposure. Thanks as always for your guidance.

Q: For a sideways tax loss position move for 30 days what would you recommend, or is there one?

Q: If we are headed to zero / negative interest rates, I am thinking of playing this thesis by purchasing XLB to capture the capital gain on the interest rate reduction and XGD should do well in a low / negative rate environment. The balance of the portfolio is VBAL and XEG. What do you think? Thank you

Q: Morning..best oil ETF in CDN and US to benefit from increased oil prices...

Thanks

Q: Good morning
I am selling for tax loss selling Suncor. What is the best proxy for Suncor, ? I am thinking of CNQ or XEG. Any suggestions?
Thanks

Q: First year of my subscription. I am single, rent, retired and am 66 years old. Besides CPP and OAS (fully clawed back) have a DB pension which covers my daily living needs so I treat it as my bond portfolio. Have a non-registered account from the proceeds of my house sale and collapsing my RRSP. Account objective is dividend/growth and not to lose money.
Looking at my Oil & Gas holdings I have HSE and XEG, the latter underwater by 20%.
Other energy-related holdings are ALA, BEP.un, ENB, FTS, H, IPL, SPB, and RNW all of which are underwater from -2 to -53% in this market.
I have owned a TFSA since 2009 and made full contributions every year mostly from savings from pension income. It holds AQN and IPL in the energy related sector.
Thinking of switching XEG for OIL or ZEO today in non-reg and booking the tax loss against previous 2015 capital gains. Is it a reasonable switch and are there any tax implications; i.e. trx not subject to 30 day rule?
Bill

Q: I hold both TOU and VET in a taxable account. I would like to sell both to harvest the tax loss and rebuy after 30 days. I would prefer to keep the investment in the sector until repurchase. Can you suggest an appropriate alternative holding.
Thank you

Q: I have a portfolio with most sectors represented except for energy to the exception of PPL and ENB I might want to step in with a half position and wonder if I should go with an etf or rather an integrated oil company or else just a pure producer.

Q: What five ETF’s would be suitable to hold in an RRSP? I am interested in technology, healthcare, financials, energy and industrials. I am a moderately conservative investor, am looking at about a 15 year timeline and am interested in Canadian, US, global and emerging markets. Many thanks for your insights.

Q: I hold mid 236 series f active energy income fund in my son's RDSP. I have purchase this fund when it was closed end and last year it was changed to open ended. Sponsor middlefield has said it would reduce portfolio management to 1%. My broker quote shows MER of 2.2% and yield of 5% is the same except distribution is by way of shares instead of cash. Would you endorse this fund for purchase.
Best Regards,
Harold

Q: Hello, I am looking to increase by Energy sector exposure from 2% to 5%. I was looking at XEG and HEE as possible options. I realize these are Canadian specific ETF's. I would prefer more of a balance between US and Canada. Any other suggestions would be appreciated.

Thanks for all your great advice.

Q: Do you think the present time is a good time to step into energy stocks, and if so what would be your preference between VDE or XEG? With thanks, Bill

Q: 47% of XEG is made up of Suncor and CNQ. Whereas the top seven holdings of ZEO are equally weighted around 7-9 % among energy companies.
Can you please provide your insight as to which of the two ETF's will rise more if and when the oil prices will rise? As well, which ETF you will recommend?
Thank you

Q: I have to sell some oil and gas companies to generate losses to offset some gains.I will be selling ARX,BNE,CPG,SPE,SU and WCP.
I wish to stay in the sector,so please recommend several companies to replace the above companies for the 30 day period (or perhaps an ETF).
Which of the companies being sold would you recommend buying back after the 30 days?

Q: What is your opinion ofXEG buy sell or hold.

Q: I note Rosenberg’s article in the globe this morning in which, among other things, he likes energy stocks at the moment. Do u agree with his assessment and if so would u purchase individual stocks or an ETF and would u focus on producers or service providers and in which geographical area? Can you provide specific recommendations. Thx

Q: I have been out of the oil and gas markets for quite some. I am still not convinced the sectors will have a "sustained" up move. Perhaps a decent trade but a trade it is as it seems to be with all commodities. Do you think it is foolish to be zero weight in this sector? If so, what minimum weighting would you suggest. I have looked at BIR and would be comfortable buying it if my arm can be twisted enough.

Q: Hi,
I'm young and have good income, good risk tolerance and no need to withdrawal any of my investment dollars anytime soon. I'm looking for long term growth mostly. Currently I hold the listed stocks, do you see any names that jump out as really bad/ should sell? Is anything really lacking and maybe should be added? Right now everything is held in a tfsa.

Thanks!
Dave