Investment Q&A

Q: What do you see as the top 5 defensive stock plays for both Canada and the US as it stands today?

Q: I’m 71 years old. As I get older I’ve tried to simplify my portfolio, going from about 50 stocks years ago, to my current portfolio of about 16 stocks, 3 ETFs and 15% cash.
I am a subscriber to your Portfolio Tracking and Analysis service and I’m told I need to make changes to reach a suggested asset allocation and portfolio diversification. Right now I’m tech, utilities and financial services heavy.

Here’s what I’d like to do:
The following set up gives me an allocation of 70% equities, 20 % bonds and 7% cash. I’m comfortable with this and have gone through many 20 and 30% corrections in the past 30 years without too much despair.

In my Canadian cash account I’d have CDZ, FTS, AQN.
Locked in RSP (LIRA) I would have AAPL, ZSP, ZEM.
Unlocked RIF I ‘d have CLF, ZAG.
TFSA would have QQQ, ZEM, ZDI, CSU, TOI, SIS.
I’d like cash around 8% of portfolio.

I’m wondering if I have my portfolio diversification covered and if the right stocks or ETFs are in the appropriate accounts for best tax efficiencies?
Your input would really be helpful.
Thanks
Frank

Q: Could you suggest five Canadian and five American companies that would benefit from inflation. Could you also suggest five Canadian in five American companies that would benefit from higher interest-rate. Thanks

Q: hello 5i:
PFIA has a listed yield of 6.328% (TNX Money). The last distribution was .015. Using this figure, and an ETF price of 10.64, I come to a 1.69% yield. Can you advise where I'm erring?
thanks
Paul L

Q: Any information that you can provide for this upcoming ipo would be appreciated

Q: Hi,
I have a small position in EGLX was looking for an entry to add to my existing position. Would you consider today’s drawdown a decent time to add to that position?
Thanks.

Q: Hi 5i
Currently holding BMO for last 3yrs and see that its share price appears to have increased about the same as CM but appears to have increased quite a bit compared to the others, in last 6 months, TD, BNS and RY.
Why do you think this is happening and Is this something that would be cause for concern? Would you continue to hold or lighten up? My Position size 4%
Even though its a bank, I begin to get uneasy when share prices seems to be out of step with peers.


Thx
jim

Q: This sounds like a great idea, over the years other fund companies have had income for life ideas, Some with guarantees, one off market corrections can cause havoc. The Dynamic one went into protection mode then you were only guaranteed to get your own money back.
This one the fund company does not take on any risk, the investor does. there is more then one risk to look at.
Here is a link to a good article.
https://www.moneysense.ca/save/investing/is-the-longevity-pension-fund-a-cure-for-retirement-income-worries

Q: Can you give me your opinion on Precision Drilling. It's been a quire a ride - would you suggest buying at these prices today?

Thanks

Q: Just wondering if you thought UCTT might be a good replacement for PHO when it gets taken over?

TIA

Q: FIL drilled "the hole of the year" recently and soared big time. A spec admittedly and on the wrong side of the border. I chipped in a little bit on ALDE but was wondering what you make of FIL and the Lundin connection?

Q: What's going on with CCS? It's down 17% in the past two days on heavy volume and there are no news.

Q: Hi Team,
I have noticed ATZ has been recommended quite a bit recently by 5i as a favorite. I didn't see a report on it yet when I looked, so I was wondering if you could elaborate a bit as to why this stock looks good right now (business prospects, growth, re-opening play?, valuation, etc), and if it would be one of your top picks in the canadian market to buy right now? Or if there is another compnay you prefer better in the consumer discretionary space within canada? Thanks
Shane

Q: What do you make of this New Som Sef/Purpose Fund guaranteeing a 6.15% Yield for life?
Thanks!

Q: What is you opinion on this stock for the long term. It is up 50 per cent in the last couple of months. Would you consider it a buy at these levels due to it carbon recapture technology or should profits be taken now. Thanks for your expert advice.

Q: Any reason for the sharp price drop recently ? Thanks a million .

Q: I am up 104% on TOU and the stock now represents 28% of my portfolio. I know it is time to trim, but would like your opinion on how much to sell and where I might reallocate the money for growth (non-sector specific).

Q: Your response regarding the Van Eck Vectors MOAT ETF caught my attention. I went to the Van Eck website and found it to be sparse, I could not any further information on their ETFs. Can you provide insight into the company and their various ETFs?
Thank you.

Q: Can you comment on EGLX marketed public offering. Why would they choose this method of raising cash and at what price do you think they will sell the shares at? How is their financial position? Are they burning a lot of cash? Thanks

Q: What are your thoughts about XSMC as an alternative to XSU in a non-registered account?