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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: Just some breaking news. ORONTO — Shopify plans to open its first brick-and-mortar location later this year.

The Ottawa-based e-commerce giant says the space will operate as a hub for its retailer clients to get support and information about the growing their businesses.

It made the announcement at its annual Unite conference in Toronto, where it plans to unveil a new tap-and-chip payment reader that accepts all major credit cards and contactless options like Apple and Google Pay.

The company will also announce that it will offer tipping, in-store pickup and multi-channel return and exchange options.

Shopify says it will also update its technology to accept local, cashless payment methods available overseas and offer a beta version with extended capabilities for merchants running their operations in French, Spanish, Italian, German, Japanese and Portuguese.

The company says is offerings are used by more than 600,000 businesses in 175 countries
Read Answer Asked by Kurt W on May 08, 2018
Q: Manulife Monthly High Income Fund Series F
As far as mutual funds go, how would you rate the Manulife Monthly High Income Fund Series F? The MER seems reasonable at 1.07. I'm trying to identify a good income fund for my mother. Any others you would recommend over this one?
Thank You
Read Answer Asked by Curtis on May 08, 2018
Q: Hey there,

I am currently holding about 25% of my portfolio in cash. The market still offers some significant risk IMO and I'm not comfortable being fully invested. That being said, what are your suggestions for holding cash and still making a little something. Are their any options other than GIC's? Any help would be appreciated.
Read Answer Asked by Ivon on May 08, 2018
Q: Hello 5i:
can you advise on the ETF HQH? I'd like more US exposure, in US dollars and would see this as a very small part of the portfolio. I'm attracted by the yield, and by the fact that Biotech in general has been pretty beaten up; meaning little downside with good upside. I'm thinking of holding in a TFSA, if an investment is made.
thanks
Paul L
Read Answer Asked by Paul on May 08, 2018
Q: Hi,
Borrowing to invest, Maybe this article will be of interest to some investors, Thx
https://www.theglobeandmail.com/investing/personal-finance/taxes/article-recent-court-ruling-offers-tax-guidance-on-borrowing-to-invest/
Read Answer Asked by Ben on May 08, 2018
Q: I am retired living on dividend income. I currently hold equal positions in AAR.UN and WIR.U. Now that the AAR.UN acquisition is priced in and only yielding 3.87%, I am considering selling AAR.UN and adding to my WIR.U position, which yields 5.91%.
Is there any reason to continue holding AAR.UN?
Is selling AAR.UN and adding to WIR.U a good strategy? Or would you recommend another industrial REIT stock?
Read Answer Asked by Curtis on May 08, 2018
Q: Hello Peter/Ryan,
I listed many names on the list in one question in order for other members benefiting from your advises as well. Feel free to deduct as many credits if it needs to be.

4-part questions:
1) Market rotation: Many solid consumer staples and industrial stocks went down significantly, what do you think of their directions in the next two years (I will get pay to wait if buy now) and what causing this downturn?
2) I list them in pair for long term hold over 5 years (pleas suggest a name that you like better)
FLR (Fluor-US) Industrials versus VEOEY/VEOEF (Veolia Env. ADR French) Environment-Water Treatment
DANONE ADR (French) versus Saputo
MDLZ (Mondelez -US) versus HSY (Hershey-US)/NSRGY (Nestle-CH Swiss co.)
KHC (Kraft Heinz-US) versus UL (unilever- UK)
PEP (Pepsi) versus KO (Coca cola)
3) Large international companies listed on US-OTC (over the counter) market instead of NYSE or NASDAQ to lower the listing cost and regulatory complexity of a stock exchange listing.
What to choose and ADR stock ticker ending with a Y (sponsored by a US Bank) or with a F (unsponsored) ? Why such a large price difference between them? In case of unsponsored ADR, how safe will it be time to sell the stock and time to get for the dividend declared.
In this case 52 weeks Low-High Veolia -VEOEY= 20.22 to 26.40 versus VEOEF = 19.50 to 26 (almost same dividend 1.03 versus 1.04)
4) Tax withholding:
Inside RRSP: none on US-UK co. shares and mostly 15% on European co. shares (anyway to get this back?)
Inside: TFSA: 15% in most cases (anyway to get this back)
Outside in investment account.

Thank you!
Read Answer Asked by Nhung on May 08, 2018
Q: Hello 5i team,
I have 40 holdings in my portfolio and I'm attempting to classify them between BE, Growth and Income; to that end:
1) BNS is in both BE and Income; should I presume the same for TD and SLF?
2) ENB is in both BE and Income; should I presume the same for KEY?
3) BEP.UN is in Income; should I presume the same for BIP.UN and AQN?
4) WSP is in both BE and Income; but since STN has a lower yield, I would classify it in BE
5) Where would you classify CIGI, CNR, DSG, ENGH, FSV, GIB.A and TCN?
Feel free to deduct any number of question credits; and thanks a million
Antoine
Read Answer Asked by Antoine on May 08, 2018
Q: Hi Peter, I am just wondering what the difference is between accounts payable vs. accounts receivable? Do they play a big role when you evaluate a company? What are the key things to look out (to exceed or not to exceed others) for each? Thanks!
Read Answer Asked by Michael on May 08, 2018