Investment Q&A

Q: What's happening with NWC? Bought this stock in Jan. to add a bit of stability (lower beta) to my portfolio but the stock is down 10%. Any ideas why? Thx Ron

Q: Hello,

Time to deploy some cash. Do I add to AQN ( up 20% on existing position) or initiate a position is SIS. Looking at 2 year time frame, not worried about diversification, just relative upside.
Thanks

Q: I have just purchased this stock on April 25th in my TSFA. Do you think there will be continued growth.
Thank you

Q: Given that the sector is out of favour at the moment, I wonder if you could give me the names of the 3 or 4 Canadian forest products companies that you like best overall considering balance sheet, income stability and dividend. I'm prepared to wait a while for a recovery but there seem to be some decently priced companies in the sector at the moment. Finally, do you think that it's advisable to invest in this sector at the present time if one has the patience to wait for recovery? Many thanks. Don

Q: What is the difference between these two companies from an investors point of view besides the operating country’s ?
Would either be solid enough long term as a core holding?
Thank you

Q: Can I get your take on Vertex in light of the political implications of medicare in the U.S.

Carl

Q: Good morning,
This is a follow up to my previous question re: Horizons Total Return Index ETFs and more specifically HXT:CA and HXS:CA that I intended to purchase as long term core investments in my grandchildrens' in trust accounts prior to recent proposed changes in the recent federal budget affecting the favourable tax treatment of Horizons Total Return ETFs (No distributions).
I'm still searching for a few great investment ideas that would be suitable as a long term hold in my grand children in trust accounts. IWO and QQQ were mentioned as potential candidates given their relatively low distributions but given that the in trust accounts are already set up to hold investments in CDN $$$ and to offset currency risk, could you please recommend three or four ETFs, stocks or combination thereof that distribute little or no distributions and that you believe would be suitable as a long term hold in my grandchildren in trust accounts. My intention is to invest approximately $50K in each in trust account. I thank you in advance and look forward to your specific recommendations.

Q: Could you confirm that if I buy bonds in an ETF, they pay dividends rather than interest and are therefore taxed at a preferential rate. If I buy bonds, they pay interest which is taxed at a higher rate.
Are all management fees for investments held with a financial advisor tax deductible or only those held in non registered accounts (margin accounts).
Would management fees for RRIFs, RRSPs and TFSAs qualify for a tax deduction?

Could you confirm that if I hold securities in foreign securities such as Berkshire and have bank deposits in foreign currencies one is required to declare any amounts exceeding $100,000. Is this amount at cost or retail value of the security. Is this calculated in Canadian currency? Are foreign investments held in registered accounts (RRIFs, RRSPs and TFSAs exempt of this declaration. Could this be avoided by holding Canadian securities that have foreign investments such as TD, Brookfield (BEP.UN, BPY.UN, BIP.UN, BAM.A)? How does one calculate the value considering the volatility of the exchange rate if it is to be converted to Canadian currency?
I assume it is calculated on the cost of the security to avoid the volatility of the security.

Q: I've been researching large cap high quality dividend growth companies with a >2% dividend yield for cash positions in registered and non registered accounts. For the most part the Canadian banks are the only ones that are attractive on valuation, but I currently have a 20% position. I've love to buy more of CNR, T, FTS, AQN, CAR.UN, TRP but they have run up quite a lot. One strategy is to keep buying the banks to a 30% weighting and reduce back to 20% once valuations get to 13x forward earnings. Two questions, 1. what do you think about this idea 2. In case I have missed some ideas, what are 5 Canadian names outside of the banks you would recommend with decent valuations? Thank-you.

Q: I am looking to. Build a dividend paying portfolio consisting of 15 can stocks. I already have rbc, td , enbridge, bce Telus pempina ,vermillion , Northland Power, Algonquin and inter pipeline
Can you please recommend a few others to add
Thank you

Q: I hold both VEE and VEF in a Cdn dollar trading account,; given that we are unlikely to see any substantial appreciation in the Cdn $$ for a while, is that a duplication, and if so, would it make more sense to just keep the unhedged version?

Q: In the midst of trading,4/26,GC announced that it sold its subsidiary,Great American Gaming for US$56m to focus on its core growth markets.It closed @ $52.16 down 0.88 .Why? Thanks for u usual great services & views

Q: I'm interested in adding either one of WCN or BYD.UN to my RRSP account for a five year hold. Basically I'm not that keen about the yield, but growth is the emphasis. Which one of these two would you recommend under that circumstance?

Thanks for your insight.

Q: Down 40% .Your analysis of company.Should I sell or hold
tnx u

Q: Can you educate me about this company and fund? It is showing low average double-digit returns for the past 6 years. Would this include ROC or do they use derivatives? They refer to a base annual rate of return plus an amount for "profit share". What is this amount referring to? I don't need the income now but I will in two years. Is this a product I would only purchase then, use as a bond proxy now or stay away from it completely?

Appreciate your insight.

Paul F.

Q: I am overweight quite a bit in Enbridge and since I am underweight in Telus I am will be selling some Enbridge to cover the cost of buying Telus shares. What % would be the maximum for holding ENB? I am looking at replacing Enbridge with other dividend paying stocks and could you tell me what other dividend stocks would be a good replacement for Enbridge. ( do not need any in the energy or utilities sector)

Thanks

Q: Hi, Could you please post earning estimates for Sylogist. Thanks

Q: hello 5i:
I'm underweight a few US sectors and waiting for a small market correction. Could you give me your top 2 blue chip names, and top 2 growth names in each of the following sectors: industrials, technology, health care and consumer staples. Thanks, and I realize that the US is not your focus.
Paul L

Q: In completing the initial questionnaire for the portfolio analytics exercise, I enter my current status as retired. The next question is my "salary" followed by my pension amount. Since I'm retired, I enter my salary as "0", then enter my pension amount in the following line. Upon moving to the following page, the program asks me to complete answering the salary question, as if "0" was not a valid answer. If I enter a salary figure equivalent to my pension amount, the program accepts this answer. How do I answer the salary question correctly when not working and hence not collecting a "salary"?

Q: IRBT dropped after earnings the other day, and continues to sink lower. I bought a couple of years ago as a play on AI with the intention of a 10 year plus hold. Have fundamentals changed? Is there a reason to continue to hold?