Investment Q&A

Q: As always, thank you for the great service. In the past few days, there’s been a lot of articles about UK companies being very cheap. I know 5i covers North American stocks, but I was wondering if you had any thoughts on the matter and also more specifically about LLoyds (bank). Any ETF for UK exposure?
Thank you.

Q: What is your opinion about the above mentioned stocks and Bitcoin in general.

Q: Good Day,

My fiancé has recently begun investing. Currently she has:
254 shares of VBAL
16 shares in Royal Bank
27 shares of BCE

She has $1300 available to invest in her TFSA and $500.00 to invest in her RRSP. She is a conservative investor.

We are wondering:
What would you suggest for next steps in terms of shares/etf to purchase in this small portfolio? Or should we just buy more VBAL?

In addition, would it be best to wait a little to see if there is a ‘better deal’ in a few months?

Please take as many of my questions as you see fit.

Regards,

Ryan

Q: Your thoughts on the IPO for Ninepoint Partners LP Bitcoin Trust - Class A, and how does this compare to other listed companies (GBTC, QBTC, BTCG, GLXY)? I am not interested in participating in the current FOMO, so willing to wait for the next pullback. In the meantime I'd like to assess how these current offerings compare to Ninepoint. Does Ninepoint trade like an ETF? Much thx.

Q: I have been trading US stocks in a taxable account for some time. I understand that upon selling a stock, we have to calculate the capital gain/loss, then convert that value back into CDN dollars. However, I recently learned that CRA also requires you to report capital gains on the foreign currency itself. When one sells a foreign stock, a deemed disposition of the foreign funds is considered to have occurred, even though they may not have been converted into CDN dollars. Therefore, we have to track the cost basis on the stock and on the foreign funds. So potentially one could have a capital gain on the stock AND a capital gain on the currency. Do I have this correct? If so, I don't think many investors know about this.

Q: What do you think about the announcement that CAE has procured a contract with the US Airforce?

Q: Firstly Happy New Year to all. Your forward view on grn. TD this morning reduced rnw to hold. Will this curb the upside projected upside for TA. Have a great day

Q: Hi: I'm thinking of getting one of these for my 2021 TFSA contribution. Please advise, which one & why ? Thanks. Fooklin

Q: Happy New Year
TD has BEPC as a SELL. Why would this be? I rarely see a SELL on the Brookfields.
Thank you and stay safe

Q: Hammond Power Solutions was featured on BNN yesterday. They seem to have a history of paying a good dividend (4%) and potentially in a position to catch the benefits from the renewable energy wave. Would you invest in this stock, or are there any similar investments that are a better play you'd suggest? I'm considering selling some gold mining stocks in KNT to buy HPS to diversify my portfolio a bit, I won't be drawing from my RRSP for 50+ years.

Q: Why do you think HUT shares crashed today?

Q: looks like strong upside momentum will this continue in 2021?

Q: Tesla has recently had an amazing run. Considering that it is much more than a car company, would you be a buyer of Tesla at these levels?

(I have been a member of 5i for over six years now. Am I ever glad I joined! Thanks SO much!!)

Q: What do you think of the bam purchase of ta shares
Thanks Phil

Q: Can you comment about the two new acquisitions this morning

Thank you

Q: Currently own Kinaxis in my TFSA. Considering selling half to also purchase Lightspeed. Which do you think has the greatest growth potential? Thanks.

Q: Hello,

Could you provide your insight in to TH given their recent earnings and update?

Thanks

Q: Hi there, NOVS

This question is about AppHarvest. They state that their mission is:
"We’re farming for the future.
Our controlled environment facilities help us farm smarter, so we can sustainably grow more healthy, delicious foods on a large scale, all year long." The concept is that they are bringing agriculture indoors, much like The Netherlands have done, to use less water and be able to produce much more on far less land with vastly reduced waste.

A few tidbits from their site:
-Our facilities use 100% recycled rainwater and eliminate harmful agricultural runoff.
-Harnessing sunlight and efficient LEDs allows for increased, sustainable crop growth year-round.
-We grow up to 30x more fruits and vegetables on a single acre compared to open-field agriculture.
- Zero chemical pesticides for cleaner, safer foods

I bought the SPAC that owns this and they just went up a lot having lured the CFO of Impossible foods to be their new President which the markets liked. The company is about to merge with the SPAC and expects its first harvest in Q1. They have a large number of sites either in development, under contract or identified for growth. I see it as being a way for the US to become less reliant on imported produce as they ramp up and it hits the right notes with sustainability, no chemicals and reducing environmental impact.

My question is if you see this is a way to get in at the very start of what could be a big market in which case I would buy more or if you think it's too speculative.

Q: I have some funds in my daughters TFSA which I manage. It is for a two- three year hold. Do you have any recommendations of stocks or ETFs to buy at these current valuation levels irregardless of sector, probably more growth but good for this shorter time period? Thanks!

Q: Any specific reason or news for why GH has been rising steadily? Does 5i still like it long term?