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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: With the recent announcement of the merger of Argonaut Gold and Alio Gold, do you think this will be of benefit to Argonaut shareholders. Could this help to reduce Argonaut's debt load and provide a better outlook for both production and exploration potential. Also could you provide insider holdings for both companies. Thanks.
Read Answer Asked by Rob on April 01, 2020
Q: UK Banks have suspended their dividends for remainder of 2020...do you see that as something that has a decent chance of happening here in North America? Thank you.
Read Answer Asked by Doug on April 01, 2020
Q: Have 2.3% in ARE ,2.4 In TFII. Thing of selling ARE at a loss and adding to TFII purchased @ $28.42 . ARE has. Slightly higher dividend . I consider TFII a better growth stock than ARE.
TFII has had a sharp drop from $48 . I consider throwing out the baby with the bath water. Strong need for transport and lower gas prices adds to an incentive to buy.
I’m I on track?
Read Answer Asked by Roy on April 01, 2020
Q: Hello, I would like to get your best guess as to how the cdn bond market would react under 3 different scenarios.

1. Rates stay static for the next couple of years as we slowly make our way out of this and there no other real shocks to the system.

2. Rates rise as things improve much quicker than expected and the economy booms along with higher inflation than expected.

3. The situation slowly get worse and prolonged and rates fall to below zero.

I am confused at the best of times but these days are setting things to a whole new level.

Currently own xbb and vcit as fixed income. Better options?

Thanks for all you are doing it really is helping.
Read Answer Asked by Adam on April 01, 2020
Q: Under what circumstance would you consider swapping one BIPC share for one BIP.UN, assuming the ongoing dividend and unit distribution payout are identical.

Would it be just the tax consequence on the future sale of the share or unit, and perhaps the tax treatment of the dividend and unit distribution payout? Thanks.
Read Answer Asked by Victor on April 01, 2020
Q: Given the high implied VOL in options, what are your favourite names in CAD and USD for covered call strategies?

Looking for stocks that you already like that have reasonably liquid options (I know harder in CAD) and you think have excellent bounce back potential and wouldn't mind owning for 2-3 years.

Thanks
Read Answer Asked by Angus on March 31, 2020
Q: I have owned this particular preferred share for 5 years now and that has just recently been renewed and with the recent drop in the market and overall poor performance and using your crystal ball would you continue to hold or just sell and move on. Please do not take into consideration a capital gain loss or interest payment
Read Answer Asked by Marcel on March 31, 2020
Q: Hi Gang
Can you give me your 5 top reits at this time given this environment
Thanks for your help
Mike B
Read Answer Asked by Mike on March 31, 2020
Q: Greetings Team 5i,

I was thinking of buying for RRSP but concerned about losing out to withholding tax.
XDG is a Canadian wrapper with around 53% of USA holdings plus rest of the world.

Would you have an idea of the withholding tax status? Held in an RRSP, would the USA holding's dividends NOT incur withholding but the remainder would?

In this case, I am giving the issue of withholding tax too much thought and should just buy it for its merits?

Thank you in advance!
Read Answer Asked by Arzoo on March 31, 2020
Q: Hi All at 5i!
I read an article by Jeff Booth entitled” Jolted awake from an economic fantasy “, in the Globe and Mail on Saturday. Basically, Jeff gave an example of a saver and a person who took on a large quantity of debt and kept doing so. In 2008 , when there should have been an economic reckoning ,the Saver was punished , but the indebted person was rewarded by the government pumping liquidity into the market, thus fuelling the economy with even more debt, and not allowing things to fail as a capitalistic market would dictate. So now, with this virus, and more government indebtedness, to help the country, where will this leave us? Will we be kicking the can of economic collapse further down the road? I am just trying to figure out the economic implications of all this, with my limited insight, as economics is not my area of expertise and I am getting a headache. I was hoping you could comment. I am heading into retirement, and am just wondering how I should position myself to safeguard my savings ...the market is unstable and the GICs are punishing the savers...again. Thanks, Tamara
Read Answer Asked by Tamara on March 31, 2020
Q: Please provide your views on the cannabis sector in the short, medium and long term. Specific details around “why” you are positive or negative over short, medium and long term.. would be very helpful. Also please provide your favourite picks in the cannabis sector for short term speculative trading and for long term buy and hold, with reasons why. Your guidance and service is very much appreciated.
Read Answer Asked by Meherban on March 31, 2020
Q: I plan to retire in 3 years and want to set up a portfolio of dividend paying stocks for my retirement in a non- registered account. Can you please give me your thoughts if I buy the following in 20% amounts at each S&P drop of 3-5% over the next 1-3 months. CM RY, NA, CWB, BCE, T, H, BIP, BEP, BAM.
Are there any others you would recommend today?
Read Answer Asked by Vineet on March 31, 2020