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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: Sector target 10%; sub-sectors - Transport 40%, Industrial Goods & services 50%; Aerospace & Defense 10% for GARP in genreral. Pls advise on overall allocations. Should we extend to 12-15%? Willing to accept market risk at this stage.
Transport - own CNR, DSG; W/List - could add CSX, XPO, TFII, others? - your advice.
Industrial Goods& Services - own BBU, BAD, KEYS [initial position]; W/List: could add WSP, SIS, others?? - your advice
Aero & Defense: own BA - suggest sell & buy XAR or ITA - your advice pls.
Infrastructure stocks - any pure plays that I am missing or covered in above?
Appreciate excellent and timely advice. Thx
Sam
Read Answer Asked by sam on September 06, 2018
Q: 5I bought it at $49. Here's my chance to get it cheaper for $42. Down 22% in a matter of a week or so. I knew I wasn't buying a blue chip stock but I didn't think I was speculating either. Setting aside the issue of " Comfort Level ". I had no problem taking a 5% position in ENB when it was volatile because it was a blue chip stock....What level of investment product did I buy ? Why should I stick with it ? I have a 2.2% position in TSGI. If it is a good company should I increase that to 4% or just weather the storm ? Are there better opportunities elsewhere ?
Read Answer Asked by Garth on September 06, 2018
Q: While calculating ROE with cash earnings (amortization of intangibles added back), do you make the corresponding adjustment to retained earnings & thereby to shareholders equity? If so please provide the rationale behind this.

FJ
Read Answer Asked by Febin on September 06, 2018
Q: I have been looking at gaming stocks outside Canada. Have you got any opinions on 888 Holdings PLC, it's a British company that has pulled back after a good run?
Read Answer Asked by Andrew on September 06, 2018
Q: HI guys, I am getting scrubbed clean in my bath with NGD. What is your insight & opinion on them as a buyout or merger partner? Their Blackwater project with 9 mill. ozs. is $1.8B to build. They cannot do it themselves. Is a partner or an outright sale of this project or for the whole company a likely move given their hi debt levels? Your valued thots please. Thanx. Sean
Read Answer Asked by SEAN on September 06, 2018
Q: 5i, Generally speaking when is the best time to buy stock, At end, or beginning of the week, month, etc
thanks
Read Answer Asked by Fernando on September 06, 2018
Q: Thanks to good advice from 5i, my tech stocks have done well enough to make up close to 40% of my holdings! Within the sector, these are my waitings:
CSU - 12%, KXS - 12%, SHOP - 11%, CLS - 5%, GOOGL - 9%, SQ - 11 %, AAPL - 10 %, NVDA - 9%, AMZN - 15%, and SPOT - 6%.
Some of these are broadly spaced within the sector, and I hate to let any of them go, but I’m getting a bit nervous about vulnerability to a general tech turndown. Do you have suggestions for me?
Read Answer Asked by Jim on September 06, 2018
Q: Granted there isn't much to analyze given that IPOA is still a SPAC that has yet to announce an acquistion, what are 5I's thoughts based on the people involved and what, apart from announcing a bad deal, would be the down side?

Thank You
Read Answer Asked by Scott on September 06, 2018
Q: I will be retiring in 15 years. At that time I will have a livable pension.
I currently am 100% invested in equities (40 cad/40 us/ 20 international).
At retirement I plan on having a 50% equity and 50% bond/fixed income portfolio.
I am going to allocate 10% of my portfolio to bonds/fixed income shortly.

I plan on buying XSB and XTR.
1)Do you recommend a more diversified bond/fixed income portfolio? If so what geographic weighting and bond etfs would you recommend?
2)With a time horizon of 15 years would you hold off on purchasing long term bond etfs until after impeding interest rate increases?
thanks
Read Answer Asked by Timothy on September 06, 2018
Q: Hi Peter, Ryan, and Team,
Across all accounts, our Industrial holdings consist of BAD, ECI, NFI, SIS, and STN,
If I sell my Enercare shares held in my TFSA, would TFII be a suitable complementary industrial stock, or do you think that any of the above industrials should be let go or added to? All are up (especially ECI for which I thank you immensely) except for NFI in my wife's TFSA, although we have two other accounts that hold NFI which are up.
As always, thanks for your insight.
Read Answer Asked by Jerry on September 06, 2018