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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: I am a recent subscriber to your service, and I find it to be excellent. Thank you.

I am in the process of looking for a low risk US stock. Dividends are not necessary. I was considering IBM given its leadership in analytics. What is your view? Do you recommend other US stocks, with a 2-5 year time horizon?
Read Answer Asked by Dale on October 23, 2018
Q: I am a retired, conservative, dividend income investor and have 1/2 to 2/3 positions in each of these securities. I trim-add to my stocks when my asset allocation needs adjusting (recently topped up BCE, BNS). I am considering topping up these 4 stocks, but am fully aware that Tax Loss Selling Season will soon be in full swing. Having said that, all 4 of these stocks have already been beaten up a fair bit.

I know you are NOT a market timer, but does your crystal ball foresee further downside as we work our way through the next 2 months of Tax Loss Selling? Using TCL as an example, you just added 1% to your position. I am sure you must have had quite an internal 5iR discussion about "when" to add that position vs. your 10% cash position at that time and the need to deploy some of it. OR...is it as simple as...this stock has been beaten up so much, it has excellent value now, we know we can't time the bottom, so let's just buy it now?

Thanks...Steve
Read Answer Asked by Stephen on October 23, 2018
Q: Hi, I am looking for dividend paying stocks that also have the most upside share price potential in both the short and long term. Could you rate the above, best to last, and if you have any other suggestions, that would be greatly appreciated.
I am not overly concerned with sector allocation.
Many thanks.
Read Answer Asked by george on October 23, 2018
Q: I'd like to put some money in GIC's. Do you have any recommendations? My bank's GIC rates are much lower than the third party rates. There's only a flat fee of $20 to buy them so that doesn't bother me. The best returns seem to be offered by "Manulife Bank" and "Equitable". They are almost double the big banks. I'm leaning towards Manulife. Is there any risk when buying GIC's?
Read Answer Asked by John on October 23, 2018
Q: What is the current situation with regards to the short attack on the company earlier in the year. With the recent decline in share price it has a very attractive yield. What are the odds of a dividend cut? What per cent do insiders own? This company has executed well in the past seems to have good management and their airline business is a near monopoly in the north. The erosion of the share price seems to be more in sympathy with markets in general rather than based on company metrics. Appreciate you comments.
Read Answer Asked by mitchell on October 23, 2018
Q: Hi, On BNN Market Call Monday, the guest, in his market outlook segment, suggested that we may be facing a downturn worse than 2008, which is certainly not a very pleasant prospect. Your comments please.
Read Answer Asked by george on October 23, 2018
Q: I recently asked a question about tax loss selling in the US and Canada that obviously wasn’t clear enough.
I wanted to know how tax loss selling in the US for an American investor compares to Canada for a Canadian investor. How similar are the tax implications, rules etc.?
Thanks, Hugh
Read Answer Asked by Hugh on October 22, 2018
Q: Hello 5i,
This is a question more for the membership than for yourselves. This morning Jack mentioned that he had received his disposition from his ECI shares so I thought I would have a look, but we have received nothing yet. Now, we elected to receive the BIP.UN shares as well rather than take all cash, so maybe that makes a difference. Have others received their proceeds yet?
I understand that an interim vehicle will be set up to facilitate the share portion so obviously it might take longer than a pure cash option. Just curious........
Cheers,
Mike
Read Answer Asked by Mike on October 22, 2018
Q: 'Interesting' to see STN selling MWH. The market seems to like this news this morning.

The purchase of MWH in 2016 seemed hopeful, when in 2016 it was hoped to "boost Stantec’s annual revenues by nearly 60 per cent", but there never was a big impact.

I have about 3.5% of my portfolio in STN and held STN since 2004, but thinking it may be time to sell and add to my WSP position which is also 3.5% of my portfolio.

How do you think the sale of MWH will impact STN's prospects for the next 2 years? Is it possible to say at this point?

Thanks.
Read Answer Asked by Robert on October 22, 2018
Q: If preserving capital was the most important thing ,what would your advice be for an investment of $200000 for a person 70 years . Currently it is in a mutual bond fund with an mer of 1.5% & the investment is losing money.Should it be left where it is or do you have some different suggestions? Thanks as always.
Read Answer Asked by Dave on October 22, 2018
Q: How can I read the piece on marijuana instead of listening to the video ?
Where do I go in the member's section to accomplish that ?
It seems easier access for non-members than for members....
Thanks,
JD
Read Answer Asked by Jacques on October 22, 2018