Investment Q&A

Q: Exit strategy - with a rapid bounce in equity markets, there is increasing potential for draw down in equities. If things go south, what exit strategy would you recommend.

Q: Hello Peter,
I'm interested in investing in biotechnology stocks (you know, the ones who will stop the next plague!), but don't want to 'stock pick'. Can you please suggest an ETF that focus on that sector. (I'm partial to Vanguard ETFs, if possible.)
Thanks!

Q: I believe recently discussed a maneuver to exchange CAD to USD. Is that something I can do in a self directed I trade account?

It seems to me that if this is a dead cat bounce in the market and there is another test of lows that having USD would be a good hedge. What are your thoughts on the best currency to preserve capital?

Q: greetings.
It would seem that CRA is getting a bit more aggressive on their review of Capital gains and losses based on my last audit. Although i did everything correctly according to the rules they still tried to push their view of superficial losses. Just wanted to clarify as l try to lock in some losses for this year, if i sell my bank stocks and buy an ETF covering the banks within the 30 days, i can claim these as losses?

Q: This is in response to an answer you gave on an earlier question today. As you may have gathered I am rather new to options. I wonder, first of all, whether you might be able to suggest a resource to understand the basics. I have been doing well but have stayed pretty close to the bit I do understand. Mostly covered calls. But, related to the question I asked earlier about the covered call on TD, to avoid capital gains, could I not buy back the call before expiration? I know this might cost me a bit of money. But, it would allow me to take the chance of trying to make some option premiums on some of the stocks I own, without the worry about capital gains and taxes. I am not familiar enough with this to know, though, whether it could be a useful strategy.
thanks

Q: is the dividend safe

Q: Good morning, quick question. If I sell a bank share (say CIBC) at a loss and immediately buy a different bank share (say RBC) does the loss stand for CRA purposes? Do I have to buy outside the financial category if I want to ensure my capital loss from CI stands? Is this clear with CRA or am I best to wait thirty days before buying another financial? Thanks

Q: Do you know of a website that lists or graphs all sector values over time for the TSX? I can find average one year or five year values on the RBC website and on Bloomberg.com but I don't see a more comprehensive source of data. I would like a visual comparison of how the various sectors have changed over the past ten years or so. Thanks

Q: Good day,
Is a non-bank brokerage safer than one owned by one of the big six? Do non-bank brokerages trade for their own accounts and have the same kind of risks a bank owned brokerage has in the event of a banking crisis?
Thank you.

Q: are the dividens safe

Q: Good Afternoon Team,

Can you tell me when the quarterly results are do, and the expectations?

Thanks!

Q: I am retired and am more interested in capital preservation and income. I try to hold mailly blue chipd...banks, ENB, BCE etc. I have no experience with puts and calls but have been reading extensively and playing in a practice account. I also own BMOs ZWU etc. I intend to start selling covered calls at or near the money as a way to increase my income. I have assumed that the income from selling puts and calls effectively lowers my cost base but cannot find anywhere that confirms this so my questions are:
- Am I correct
- Given the volitivity ( I have no idea whether to be bullish or bearish right now), is this the right market to be doing this in?
Thanks
Don

Q: I am trying to understand what is going on with the market. While the drop that happened was expected the fall was exaggerated by virus implications. The market now seems to be back to where we were before the drop which by some accounts was overdone and ready for a fall. Yet now there are even more reasons for a storm to occur.
Please, any thoughts you have to make sense of this.
Thank You,
Peter

Q: Hi 5i team,

I know there are a lot of SHOP followers here. Late last week SHOP announced a partnership with PINS and introduced a new App which allows SHOP merchants to upload their catalogues to PINS. The deal is likely of little consequence for SHOP, but it should help PINS. I assume this would attract advertisers back to PINS if a broader range of products is now available. I thought PINS would have gotten a boost from the announcement. Are you still relatively positive on PINS? It seems to me it could be a nice acquisition for SHOP or one of the big guns.

Thanks again.
Dave

Q: Hi guys, the market does not seem happy with Alacer after the announcement this morning. Please explain how the deal works and why Alacer shares are getting punished. Thanks for your valuable work.
Rob

Q: What is your opinion on JBHT-Q? How does it compare to TFII and CJT?
Would you be a buyer at current levels or wait?
Thanks for your outstanding service.

Q: Could you please comment on their results and outlook?
Would you add to full position?

Thanks,
Milan

Q: Hello 5i
Which would you buy for long term RPD or FTNT and a brief reasoning would be great!
Thanks
Dave

Q: Can you confirm my understanding of what is happening: Deflationary pressures based on lockdowns/economic slowdowns due to COVID-19 and Inflationary pressures based on bond purchases/stimulus from central banks around the world.

If this is relatively (and simplistically) correct, do we have a belief on which pressure will win out over time?

Q: I heard what I thought was a very interesting interview with Tudor Jones today. It is here:

https://www.youtube.com/watch?v=k9VpVf3g9Y0

My question to you is do you agree with his point of view? Would you think it wise for me to follow along and include it at 2% of my portfolio? That would be around $230,000. If yes what is the easiest and safest way for me to buy it? If no, why not?

Thanks


Sheldon