Investment Q&A

Q: In one of today's questions, you note "The inverted yield curve has worried some, as it does tend to predict recessions." This statement has an air of certainty that seems to be at odds with the table of data that you published the day before showing that recessions on average came 20 months after the yield curve inversion. What value is there in a prediction that takes on average 20 months to materialize. I would bet a correlation between not having a recession for ten years and having one in the next 2 to 3 years is even better and just as useless. Do you really want to propagate this myth?

Q: I am a little curious about your answer to George regarding preferreds. Don't they move inversely to interest rates? So all else equal would you not expect a preferred share etf to fall in value as interest rates rise (just like bonds)? Not only that, would they not generally fall even further than bonds as preferreds never mature (preferreds therefor have a longer duration than bonds making them even more sensitive to interest rate changes). Thanks.

Q: I hold approx. 6000 shares of each of the following at hIgher prices.VET,SIS,PXT,COV and GUD.Which would you sell,add or hold.Your input is appreciated.
Thanks Richard

Q: Due to several highly caffeinated poor investment decisions this year I have decided to switch to decaf to balance myself and my portfolio. I really like Swiss Waters drip decaf, do they have a DRIP?

Q: Good morning,
Could you please provide your top 20 Canadian dividend paying stocks. Please feel free to use more than 1 question asked as I know this is a big question.
Thanks

Q: I have been looking to buy a bit more Goeasy in a young adult's TFSA, on the current weakness. I tend to buy based on fundamentals, but I sometimes use technicals to time buys and sells. Today my long standing buy order got filled, near the end of a sharply down day. Do you feel that GSY has broken support here and there is more downside to come? And do you think the decline is just general market negativity, or is there more to it, i.e. are the technicals reflecting a fundamental change? I am not too concerned, as this will be a long term hold, but would like your thoughts if you would be comfortable buying GSY at these levels.
With appreciation,
Ed

Q: I know you don't like trading but in this market
it looks like trader can make money most of my long-term holding is in negative.
Which stocks you believe are unfairly bitten down and has potential of coming back?

Q: LB just got whacked over its results but increased its dividend. What, specifically, do are the risks to this bank? Will it go bankrupt, be taken over or recover from a bad spell? Having just increased its dividend it seems unlikely it will cut it in the foreseable future. Why would it not be a "boring" income stock?
Thanks for your insight.

Q: May I please have your thoughts on US financials at this time and Visa, Morgan Stanley and JP Morgan in particular? Thank you,

Jason

Q: Are there any new developments, specific to Cominar, that would explain the recent price action?

Q: thoughts of this lower volatility, more defensive us holdings?

Q: TCL reports on Dec 13. What does your crystal ball say? Positive Coveris integration impact? Should I buy prior to or wait until post-Dec 13? Thanks...Steve

Q: I have many shares of ALA and am significantly underwater about 50% I cannot sell for tax-loss, shares are in a RRSP account. New CEO reporting on Dec 13, expect dividend to be cut at that time? Would you recommend holding or selling to buy ENB.
Thanks as always.

Q: Good afternoon 5i,
As usual, thank you for your level-headed advice, especially during this time in the market. It is time to decide on a candidate for tfsa. We will be taking stocks out of our rif in kind to margin and then transferred into tfsa in Jan. I am debating which would be the best strategy regarding two stocks that I am considering, and wondering the best criteria to decide. I would really appreciate your take on the situation.

the two stocks are Toy and Goog. Neither of them has a dividend to worry about, so no withholding tax for the US stock, and no lost dividend tax advantage for the Canadian.

I have about a 40 percent profit in Google and Toy I just bought recently and have about a 5 percent profit (so far). I like the idea of growing them in the rif because of the tax advantage and ten putting them in the tfsa.
I am not sure but I imagine the decision comes down to growth. Which one will grow the fastest. Relative safety could also play a role, but the stocks have already been bought. Wondering what your suggestion would be on this?
thanks

Q: hi, using above as an example, could you explain why this is trading at $20. the reset date is jan 1 2019. can this preferred share be called back?? is the market thinking rates are going to get lower again??? Brookfield Properties Preferred T

Q: For a 3 year hold,which of trp or enb would be your preference?

Q: I own KWH in two accounts. In one I can harvest a tax loss while in the other I cannot. Is there any reason to treat them differently? I mean should I wait for a possible bounce in the registered account? THanks.

Q: We notice TD has a $16 target on SPB which if sensible would be a nice return with the dividend over the next 12 months. Does this make any sense top you??

Q: hi folks

is this a good (given higher risk vs large cap) way to play the eventual recovery in energy?

if not what do you suggest

thanks

Q: One would think that if there won't be NEW pipelines built for the foreseeable future (thanks Trudeau!), then one could conclude that existing pipeline companies would be more valuable...the old supply vs demand argument => positive for the existing pipeline companies. Then one would muse about where would their future growth come from=> negative. However, I seem to remember that TRP has BILLIONs of approved projects in the cue => positive for TRP. Your thoughts on the pipeline companies in general and specifically on TRP. I have a 2/3 position and am considering topping it up. Thanks...Steve