Investment Q&A

Q: I'm considering transferring some funds from a TD e-series fund (European focus) to ZXM - as it seems to offer good diversification outside North America .
Your advice requested.

Q: I get that there is money moving out of growth (tech) and into other areas of the market. However, all the mentioned names here have CAGR of > 25% amongst other great fundamentals (free cash flow, equity,...). So long as fundamentals don't change, I can't see any reason to sell - only to add to these names on this opportunity. So long as business grows (and >25% is huge!) all these should be winners in the long term, no?

I've experienced significant whiplash with most of these stocks but am optimistic that with a longer timeline I should be okay.

I'm hoping for two things in your response:
1. Giving me comfort that my thinking is correct and if I hold on I should be okay, and;
2. Of the list, the one stock you would add to today.

Thx for the comfort,

Cam.

Q: I have a small position in these companies, can you rate them a Buy, sell or hold.
Take as many credits as required. Thanks.

Q: Which of the above companies do you think would offer the best rate of return over the next 5 years?

Q: My question is regarding the posted returns of ETFs and Mutual Funds. I thought I read, years ago, that MF returns included the dividends for anything over 1 year...for example, for 3 and 5 year returns. For the posted 1 year return or less, they were without the dividend.

In my RBC Direct Investing, it is quite clear....it states the "unrealized capital gain". So I take that number, divide by the time I've owned the security...then add the annual dividend to get the Total Return/Year.

So, can you please clarify whether the standard practice is to include or exclude the dividends in the posted annual returns?

Thanks....Steve

Q: Historically how do high dividend yield sectors like financials, telco's, pipelines, utilities do in a rising interest rate/inflation market like we are in now?

Q: good morning,

AQN used to be at the top for your utilities stock.
Please explain the change in your appreciation.
Thanks and happy and prosperous balance of the new year.(not so prosperous this month).

Denis.

Q: Question about Disruptors:

I am concerned about disruptors negatively affecting the future safety of my Canadian dividend portfolio that I have built for retirement - mainly blue chips. I have a long term view, and invest accordingly. Here are my concerns:

Banks (their high fees vs Fintech)
Utilities (eg. Tesla Energy Ventures)
Energy, Pipelines (EV's)
Insurance (Autonomous Vehicle reliability, companies increasing Human Longevity)
Telecoms (Cable-cutting)
Railroads (Autonomous Trucking)

Telecoms seem to be jacking up the cost to the customer for their internet service substantially to compensate for lost cable revenue, so maybe less to worry about there.
I know that it will take time for some of this to play out, but I read articles on disruptors daily, and some of this seems to be evolving quite quickly.

I am looking for portfolio diversifiers. Besides some disruptor ETF's I also own NTR and TECK.B which seem to be less apt to be impacted. I also own ATD, assuming that their change-over to charging stations will be successful. Other than Canadian Tech, what other solid Canadian companies would be good picks that perhaps may be "less impacted" ? FSV for instance ?

Also, if you have an alternative view on this, I certainly welcome your opinion.

Q: Can you please provide consensus sales growth estimates for the next year, along with company guidance?

Thanks

Q: Good morning,

I currently hold shares of BAM:US and BX:US in my US$ Non Registered account and would appreciate your thoughts on the following:

Q1. Is there any advantage or tax efficiency in holding BAM using BAM:CA in my Cdn$ Non Registered account?

Q2. What is your preference between BX:US and BAM shares and

Q3. What are your thoughts on holding BAM and BX in equal amounts.

Thank you and I'll await your thoughts on these three questions.

Q: A year ago both BIPC and BEPC traded at a 25-30% premium to BIP.UN and BEP.UN respectively.  Today BIPC still trades at a considerable premium to BIP.UN whereas the BEPC to BEP.UN premium is now less than 2%.  Why is that?
Also if you were to establish a Brookfield Renewable Partners position today in a registered account, would you go with BEPC anticipating that a premium may return?  Other than a nominally higher dividend, is there any other advantage of going with BEP.UN instead of BEPC in a registered account?
Thanks...Glenn 

Q: Thoughts on COIN now that the valuation is more reasonable. Please provide pros and cons of this stock and what is the current forward P/E?

Q: Good morning everyone at 5i!
Peter, I would like to compliment you on your National Post article I read this weekend. You are a breath of common sense in this “ the sky is falling” world. I always feel much more optimistic after having read your articles. Thank you. Now to my question. You equated bitcoin to the tulip bubble. I always wondered about bitcoin and the attraction. Should I divest myself of my holding in Coin, if there is no real future in bitcoin?? That, and Square are my only exposure to the bitcoin market. Cheers, Tamara

Q: If you had to buy one would you buy $SE, $Meli or something more traditional? Would be replacing PayPal.

Q: Your thoughts on today's sell-off.

Thx

Q: Assuming the price of oil remains relatively strong for the next 1-2 years, please rank these three companies in terms of their upside potential over that period.

Thanks, Rick

Q: I currently have nothing invested in a TFSA and am looking to maxout my contribution limit through the Balanced Portfolio. Are there any companies you would recommend against or ones you prefer more then others.

Thanks,
Adam

Q: Can you please give me your opinion on Ospens Inc, osp on the tsx? Whats the short and long term Outlook. Thanks Steve

Q: I've always been a buy and hold type of investor, and I consider my portfolio well-balanced. However I am wondering if there is some merit in moving some investments around, the way large institutional investors do, in times like these. For example would it be ill-advised to move say 20%, or even more, of current tech and growth investment money into the stocks that are more in favour now, such as financials and energy etc. So the idea being to weight the portfolio toward the stocks in favour, rather then just staying the course regardless of what the market does. Thank you.

Q: I have held Telus for the 4 years and overall it has been solid. However, it now appears expensive and slow growing. Interested in your thoughts and if you'd recommend another stock in its place. I have a +10 year horizon in my investment accounts (TFSA, RRSP, RESP).