Investment Q&A

Q: In an effort to replicate a REIT ETF I hold the following REITs
which in total compromise 12 percent of my portfolio.
BPY/DIR/HR/NVU/SIA.
I am thinking of adding CHP which would increase the percentage held to 13 percent. Do you think that this would provide reasonable exposure to the various segments within the REIT sector or would you suggest something else.
Thank you for considering my question.

Q: Hi Peter, thanks for your guidance in this not quite as fun as before time. I have my own rework question... COV, HNL, PHO, TSGI, & TV. Would you sit tight with these at this stage or sell 2 or 3 and put back into the others ? I'm assuming this is a good time while all are down to consolidate into those with the best outlook.
I appreciate your thoughts.

Q: Is Walmart getting a bit ahead of itself, baheving like a 2017 tech stock? I am considering selling at these levels. What growth plans and strategies justify the price right now? It seems to me being able to stay competitive with Amazon is not enough to justify its current value. Can it grow into it over the next year or 2?

Q: I'm down 11% on CJP - is it still worth holding? Thanks!

Q: KXS reports Rev of $36.6m(IFRS) & $39.6m(prior IFRS beat $33.5 in Q,2017).Please explain & which figure we should use. Also please confirm expected Rev.Txs for u usual great services & views

Q: Can you give me your current thoughts on RIV? It doesn't seem to be following the sector, just steadily declining. Thanks.

Q: Please comment on recent earnings from Chesswood and Northwest Health. Thanks

Q: RESP. I will be using TD e-series funds and adding monthly contributions. Is there a best generic investment guideline I can follow? and guideline on how to adjust the risk and the kids age. My kids are 5 and 7. Currently the funds are in TD dividend growth fund and TD dividend income fund.

Thank you again.

Q: Are there any rules regarding insider purchases? Once they disclose a purchase, are they required to hold the stock for any specific period? If you know of a site where I could research this more fully, I would appreciate it.

Q: Hello could you comment on AutoCanada and AGT earnings?
Thank you
Stephane

Q: What would be your choice between WEF and OSB currently? Looking for sector exposure and think the valuations are attractive after the recent sell off. Will either or both face tax loss selling pressure?

Thanks.

Q: I thought chesswoods results were very good and was dissapointed with the markets re-action (or lack of). I like this company and its dividend but am I missing something.

Q: Hi Peter, Ryan,

We have a few dogs with the downturn but we also cashed in all of our high runners in early October. Your insight is invaluable in our portfolio management strategy and we understand the decision to buy or sell is in our control. On that note, we have been buyers the past two weeks when a stock drops 25%-40% (i.e. KXS today at $67.99). Can you comment on the following opportunities (BYD.UN, WSP, NFI, CCL.B, PBH, SHOP, ENHG) to purchase now with a 3-5 year hold inside RRSP's.
1. Please rank (based on your expertise) the above stocks from best to worst as of today to add to an RRSP.
2. Which of the above, if any, are considered "prime" to purchase today.

Thank you
Jerry and Debbie

Q: MRG.UN is up over 11 percent in the last month in the middle of this correction. It's last earnings report on Oct.30 was pretty good and they did slightly raise the dividend but the move seems too big for the results. Can I get your thoughts on this stock?

Q: I have 24k US to deploy in my TFSA account. My question is 2 fold.
Looking at a 3-5 year time horizon.
1)Should I keep the money is US $ or convert to CAD$
2)In view of the aforementioned time line what securities constitute a unquestionable buy at the moment.
Appreciate your services rendered.
S

Q: In regard to Stantec's and the sale of their construction business do you think this sale should "fix" some of the drags on earnings the last few years? Overall how does this this position the company going forward? Do you think they need a infrastructure program to lift the stock price? And finally I they still quite tied to the oil and gas industries and is that weigh over the stock?

Thanks so much for your advice over the past three years - you have made me a much better investor.

Stuart

Q: Please comment on ECN's earnings. Thank you.

Q: can you provide your analysis and recommendation on Leons Furniture Ltd?

thanks - John C

Q: Help me understand WEF please. Seems like they have mo debt, although Morningstar shows approx. $230M of “other liabilities” on their balance sheet. What could those be?
Morningstar states they earned about $80M TTM. True?
Why does the stock trade as if it could go out of business any time? Is the industry that fragile?
I note the stock was under 20 cents in 2008-9 crash. Can this happen again given their low debt?

Thanks
John

Q: I’ve been reading much negative commentary on this site lately, mostly shots against 5i’s recommendations, and I feel compelled to add my own observations.

Having invested since the late 90s, and earning my sole living from it since 2008, I find the shots against 5i alarming, and their defence against them heartwarmingly reassuring.

I’m essentially a large-cap, dividend-growing financial & utilities/pipeline/reit/preferred oriented-type investor, including looking to the US for what the TSX does not have (in essence, I’m investing for income first and growth second, though growth is still important), who has subscribed to 5i since its inception.

The alarming part is that while I’ve bought into ‘some’ of 5i’s growthier stock picks, my conservative-oriented big cap stocks (both US & CAD) have fared just as badly in recent weeks. So much for my own - intensely researched - so-called safety stocks. The reassuring part is 5i’s comments back to everyone, which is basically summed up as: relax, move to the sidelines - by ‘doing nothing’: meaning: hold - watch the show, but don’t be a part of it.

I was fully invested in 08/09, and while I fortunately ‘did nothing’ at that juncture, I certainly could have used 5i’s wisdom and calmness at that critical time.

This too will pass. Some companies will not survive. Most will. Those that do, will typically prosper. Try not to make large bets. Spread it around. Don’t react. Invest for growing income. Accept some losses, and let them go.

I write this more to remind myself, but since I have greatly benefited from other 5i members who have voiced similar thoughts, I thought it important to include my own.

I trust and hope that Peter, Ryan and The Team will keep their skins proficiently thick, and carry us through a multitude of turbulent times long into the future.

Thank you for helping us keep our heads in these difficult times.

Warren