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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: Hello team, I am fully invested (stock/etf's leaning toward growth) but am getting somewhat concerned about where the market is at. It seems (in my layman's eyes) that valuations across the board are getting stretched relative to fundamentals. I can take some profit and am wondering about some "insurance" in sectors such as gold; either cdn stock or etf's. For context, this is a registered account, 5 to 7 year horizon, mid 3 figures. Any suggestions
Read Answer Asked by Harry on May 08, 2017
Q: Hello 5i,

I am a 20 year old university student. Through my CO-OP position I have built up just over 2000 dollars in savings that I am able to invest right now with an additional 500$ a month until September. Due to the fact that it is such a low amount of money I have been strongly considering putting all of it into one or two ETFs in order to avoid hefty fees. I am looking to grow my money as much as possible over a 3 – 5 year time period. I am new at this and therefore was wondering if you guys had any recommendation as to what I should do and which type of ETF I should put my money into.

Thank you so much for your help and have a great day.
Read Answer Asked by Patrick on May 08, 2017
Q: I have sold 40% of my shopify position to take some profit and am now sitting with 6% cash in my non registered investment account. What options might be available to me to park the cash until I see some exceptional buying opportunities. Second question is that I am seeing several investment articles recommend a larger cash position as there may be a correction given very high valuations that appear to have too much "hype or anticipation" factored in. What percentage would you recommend I maintain in my investment account. I am sitting at approximately 6% in my non registered account and 10 % in my RRSP. Thank you for the great service.
Deborah
Read Answer Asked by Deborah on May 08, 2017
Q: I tried to search the site in the blog section for information on the 5% suggestion for individual stocks. No actual search feature for individual articles. so could I get a reason for the purpose of the suggestion. How it should work ie if you have 7% do go back to 5 or let it ride and wait what would the top percentage when to trim. I have TD up 0ver 200% at 12% of portfolio but it is a good dividen payer and stable stock??
Read Answer Asked by Ross on May 08, 2017
Q: Hi.

Im borrowing funds for investing purposes.Since this is my first time doing this, I want to ask your advice if I use in non registered acct or my TFSA.I know I can get a tax credit for interest payment of the loan but with TFsa everything is tax free except theres no tax credit for my loan.Jist dont exactly known the calculafion.Im in 40% marginal tax bracket.

Appreciate your help. Thanks.
Read Answer Asked by sunday on May 08, 2017
Q: Good afternoon 5i. I am currently sitting with 25% cash on the side lines. I know that's much too high. I have avoided gold/silver sector as well as oil sector(I do have enb, trp, fts)I've also avoided consumer goods sector. I'm light in industrials (dow & cbi) and property sectors (tcn). All other sectors are represented fully and equally ie health/financials/tech. I have a 65/35% split between US/CDN market respectively. With the stock market correction today and yesterday would it be a good buying opportunity and what sectors should I focus on going forward and if you can offer some stock suggestions in each sector. Much appreciated.

Robert

Read Answer Asked by Robert on May 05, 2017
Q: Hello team,
Thank you for the portfolio review. It is a great help and a terrific service to mankind. All my ducks are now in a row after a lot of quacking but now all is calm.
Question: When you write that segregated positions should be 2% and ETF's 5%:
is that 2% of:
1)just only the equity,
2)the complete portfolio including paid up residences and safety expenses cash, or
3)the complete trading portfolio including fixed?
Is that 5% of
1. All the ETF's,
2. 5% of just the fund ETF's and 5% of the fixed ETF'S separated out?
3. 5% of the complete portfolio as above?
4. 5% of the complete trading portfolio?
thank you
Stanley Cohen
Read Answer Asked by STANLEY on May 05, 2017
Q: I am 74 years old and need some of these money within next couple of years. So I try to watch my growth carefully. I try to keep to the 6% rule. But my problem is to find better growing stocks. So, why sell??
Here are a few questions:
Is it time to sell 50% of the following?
VUN , more than 10%
SHOP, 15%
Is MX safe for the next 6 months?
Can you suggest a replacement for NPI?
SIS has grown more than 70%. Do you recommend selling 50%
I know this is more than 1 question, just charge for them all.
Thanks
Margita
Read Answer Asked by Margita Elisabet on May 04, 2017
Q: My portfolio is a combination of the Balanced and Growth model portfolios. I'm torn between your advice to "let winners run" and your advice on keeping sectors reasonably balanced. Tech is up and energy is down....so in theory, I should be selling some Shopify and Kinaxis and buying more Whitecap and Raging River. SHOP and KXS are not yet over 5% of my portfolio so I don't need to sell them to reduce risk. My instincts tell me to let the winners keep running until I see some life in the energy stocks, even if that means being very light in that sector. Your advice, please. Thanks!

Alan
Read Answer Asked by Alan on May 04, 2017