Investment Q&A

Q: If you could only buy either TOI or SHOP which one would you buy?
Thanks

Q: For a high risk tolerance and growth oriented for the next 5 years what other 4 mutual funds would you recommend with style similar to FID Special Situations that would have not to much overlap

Q: I want to do an option strategy on this company. I really like the premiums on these.

However when I go to trade the options, I see, for instance on the Jan 20, 23 strikes 3X 10 strikes, 3X 125 strikes 3X 120 strikes etc etc.

What are the various strikes for. I just want to trade the option for the stock not any bundled equity package.

Can you shed light on this ?

Sheldon

Q: Is this a stable dividend and is it a safe add to now? Thx James

Q: WHAT IS THE LAST DATE THIS YEAR TO SELL CANADIAN AND/OR US ST0CKS AND GET A TAX LOSS FOR THIS YEAR 2022?
WISH YOU HAVE A SUCCESSFUL COMING YEAR 2023

Q: Do you like the gold sector in today's environment and if yes, what are your top picks in the sector?

Q: Which of these do you think currently looks more attractive (taxable account, if that's meaningful)?

Q: Does ARG still have a low payout ratio? Do you expect any geopolitical issues operating in Chile? (largely friendly or indifferent)?

Are there any profitable, or cashflow positive, Canadian-listed Lithium producers?

Thank you.

Q: I bought these shares today at the open after I saw the news of the amendments to their credit facilities and government support.
Is this company another Bombardier or is there a real turnaround opportunity here?

Q: If one were to sell BNRE or BN at a capital loss and purchase BAM with the proceeds would this stay onside with 30 day rule?

Q: We just received notice from our broker Questrade. Some securities, notably LPs will be affected by an extra tax on dividends, and a 10% witholding tax on sales of said securities. The list, https://email.questrade.com/NDE1LVRSVS0xMzEAAAGI2aUK0lRlxgseeoLC1Eghn1II_fBto39UgUhfF225XXBg6TyuY3qXPyY6am5dK1dIACvlnN0=
is quite large and include even names like Lazard,LAZ which i believed was a regular trading stock.
Will that affect holdings in RSP accounts? Is there to be a rush to the exits from a number of these? If it affects holdings only in regular investment accounts, would it be a good opportunity to to catch a few discounted names in a registered account?
Sorry for a lengthy and intricate question.
Thank you and Merry Christmas.

Q: Note: Allkem Ltd trades under the ticker AKE. Very few questions, last in 2021. Now established operations and profitable. I know it's out of your geography of reporting but could you do a quick analysis of its fundamentals, new projects nearing completion and, particularly, its recent decline in share price, as it's sharply off it's recent all-time highs

thanks for all you do and all the best for the Festive Season and 2023
John

Q: Hello 5i team,
I currently have XRE for real estate coverage in my TFSA for income. I was thinking of switching over to ZRE since it gives a slightly better payout.

I was wondering if there is any advantage for either of these ETFs? Aside from stock purchase limitations (XRE is capped, ZRE is equal weight), does one hold a better real estate portfolio overall?


Thanks,
Andrew

Q: Hi,

Now that the dust has settled and the BN/BAM spinoff is complete, I have the BN shares in my accounts but wanted to confirm the split and avg. costs showing before and after in my brokerage account and if its correct. Sometimes when they manually update avg. prices for these kind of things, they enter it wrong.

Before spinoff and after spinoff shares and avg. cost:

Account 1: BAM 393 shares @39.09 ------- BN 393 shares @33.11, BAM 98 shares @29.50

Account 2: BAM 601 shares @51.60 ------- BN 601 shares @33.11, BAM 150 shares @29.50

Account 3: BAM.TO 151 shares @44.97 ---- BN.TO 151 shares @45.22, BAM 37 shares @40

Account 4: BAM.TO 150 shares @65.64 -----BN.TO 150 shares@45.22, BAM 37 shares @40


1. For account 3 and 4, if I had 151 shares and 150 shares and divide by 4 to get new BN shares, I get 37.75 and 37.50 shares after. Do brokerages usually round down? I thought I would have gotten 38 shares of BN after the spinoff.

2. When I compare my cost basis before and after, it should be the same correct? Looks like they assigned these prices of $33.11, $29.50, $45.22 and $40 to each of my BN and BAM shares after. Where did they get these from and if incorrect, what should they be after for BN and BAM?

3. When I look at account 2:
Before: BAM 601 x $51.60 = $31,011.
After: BN 601 x 33.11 = $19,899, BAM 150x$29.50= $4,425 (Total = $24,324)
Why did my cost basis go down from $31k to $24k? Something is not correct here.

I would like to contact my brokerage and have them update my avg. cost for BN and BAM but wanted to clarify these few things before I do.

Thank you for your help!

Q: My question in general is how reasonable is the current valuation for BEP.UN ?

I believe the historic high yield is somewhere around 7%, so we're a long way off from that. I think we're close to 4.9% (?)

P/C seems pretty reasonable now relative to the past, but P/BV is still high compared to the 1.1 low.

How about price/FFO ? I can never find this. What is it currently? I think the low was about 4.6 in the past.

Thanks as always for answering the above, and Merry Christmas to your AWESOME team at 5i.

Q: Relating to your answer to my question nswered this morning …..
Could you please explain “reverse split 1:3”
It doesn’t sound like a good thing.

Q: SDIV has gone through some type of split in the last couple of days, as well as lowering its dividend to .08.
No dividend at all was paid into my LIF account.
PDBC seems to be under the radar as far as the dividend payment is concerned. I cannot locate the amount.
Kindly advise what is going on with these and please offer your position on them.
Thank you!

Q: Hi Team,
Since it's near year end, I was wondering if you could list me some of your TOP PICK ideas for a 2023 TFSA contribution. I am looking for long term hold ideas. Thanks

Shane.

Q: Has the spin-off gone well or it went badly? Seems like a significant drop so far..what happened? And what is the future? If I want to capture capital losses whic one should I sell (BAM or BN or both) and which should I buy after one month? Thanks.

Shyam

Q: Hi Guys
I would like some Emerging Markets exposure, After listening to Jeffery Gundlach and Felix Zulauf ( both very smart guys) they agree China is now totally uninvestable.
My problem is i own ZEM for my emerging markets exposure which has about 30% China.
There is EMXC which i could buy instead which excludes China, but holds about 20% exposure to Taiwan.
What would be your strategy?
Thanks Gord