Investment Q&A

Q: Good morning,

Do you recommend getting into the Lithium space in some form? If so, what Lithium stock(s) would you recommend? What time horizon would you suggest?
As always,
Thanks. Wendy

Q: Hi folks,I hold rrx/t on your reco and was wondering if Raging River has a hedging program in place or not. I have heard companies like Cenovous & Cresceent Point have hedged portion of productions at $50sh/barrel which seems to be holding them back with oil breaking $55 today. Rrx/t is finally running, thanks as usual for great service, jb

Q: Hi.
I keep my Telco at a 5% portfolio weighting. Presently I have 3/5ths BCE. How do you recommend I fill up the other 2/5ths? All in BCE presently with positive momentum. Telus to match the 5i portfolio recommendations. AT&T to take advantage of American Dividend and Share price drop? This will be held in a registered account. Thank you J

Q: ITC share price has been in decline since Mar 2017. They report next week. Is there anything in their fundamentals or other reason to think they are worth holding on to?

Q: 5I has been doing a great job and I respect your standing on stocks and your answers. You mentioned staff was hard to hire, obviously you have done a good job. Your service is great I have been with 5i and Canadian Moneysaver for a long time.Best Advice out there for the money

Q: Can you comment on their latest quarter and the dividend increase. Thanks.

Q: What reasons caused the company to drop so much today? Is it worth a buy?
Thank you

Q: Could you please comment on the latest Q3 earnings for the above, also balance sheet and forward outlook. Thanks

Q: from my week end "musings"The Reality of Long Periods of Underperformance
The following is from Meb Faber.  I felt it worth sharing with you.  Please feel free to share it with your clients.
One of the biggest challenges of investing is long periods of underperformance, or outright negative performance and losses.  Cliff Asness has a fun piece out on his blog where he talks about 5 year periods in stocks, bonds, and commodities and basically how anything can happen.
Unfortunately for investors there are only two states – all-time highs in your portfolio and drawdowns.  Drawdowns for those unfamiliar are simply the peak to trough loss you are experiencing in an investment.  So if you bought a stock at 100, and it declines to 75 you are in a 25% drawdown.  If it then rises to 110 your drawdown is then 0 (all time high).
One challenge for investors is how much time they spend in drawdowns.  It is emotionally challenging largely since they anchor to the high value in their portfolio.  If your account hit $100,000 last month up from $20k ten years ago, likely you think of your wealth in terms of the recent value and not the original $20k.  If it then declines to $80k, many think in terms of losing $20k rather than the long term gain.
I thought it would be interesting to look at a few asset classes and ask how long they spend in each outcome – either all-time highs or in a drawdown.  Below is a chart of a basic 60/40 portfolio’s drawdown since 1972, REAL RETURNS.  Notice how brutal the high inflation 1970s were to the portfolio:he investor only spends about 22% of the time at new highs, and the other 78% in some form of drawdown.  A few values for common asset classes below….
• US Stocks 17% new highs, 73% in some form of drawdown
• Foreign Stocks 12% new highs, 88% in some form of drawdown
• Bonds 16% new highs, 84% in some form of drawdown
• REITs 16% new highs, 84% in some form of drawdown
• Commodities 9% new highs, 91% in some form of drawdown
• Gold 4% new highs, 91% in some form of drawdown
• 60/40 22% new highs, 91% in some form of drawdown
Meb concludes, “So if you’re going to be an investor, get used to being a loser!”
print ONY if you think worthwhile info for members
CDJ

Q: Please provide comments on Hanesbrands. Share price has pulled back in the last few days. I believe due to lower Q4 and FY expectations. Is the recent price drop over done. Currently HBI represents 3% of my portfolio. Should I consider this a buying opportunity or just hold. Are there other Consumer Products I should consider?

I like the new features of the website. At first I found the larger font size and line spacing difficult. Changing the zoom setting (from 100% to 80%) for the browser tab has improved it for me.

Thank you

Stephen

Q: Is there a website that can give me stock charts longer than 10 years. 50 years ......
Thank you

Q: At one time the was an "up tick" rule regarding shortselling. Could you review that plus the effect of its removal on shorting stocks.
Thank You
Clarence

Q: Something just occurred to me: if you are holding a stock that has dropped significantly, and you plan to keep holding it for the dividend and future growth (ENB in my case), does it make sense to sell it to record the loss for tax purposes, and than re-buy it? Thank you.

Q: Hi, Could you please post the street estimates for Boyd Group. Thanks

Q: I just topped up ATD.B and TOY. Do you think today's 6% drop in SJ is a buying opportunity? cheers

Q: Do you have any update on Poet Technologies? I've heard that they may be getting some grant money from the government of India for a plant in that country (?)

Has their balance sheet improved over the last year? Is there enough insider ownership to give you any kind of level of comfort?

Q: Hi 5I- We are a couple of RRIF collecting seniors with 63% equities, 20% in your income portfolio minus AGU, CPD ,CVD and XHY, and 17% cash. Please comment on our plan to take some profits from our equities to add to our cash and invest half of cash in the missing parts of your income portfolio and wait for a downturn in the market to deploy the rest of the cash to your income model. Would you suggest another option? or add to some of our downers instead, eg. loblaws, enbridge, kwh.un, disney? Appreciate your advice and service, thanks.

Q: I am looking to increase my allocation to energy and am looking for growing dividends but total return is most important. Between SU and ALA which would you buy today or maybe an allocation to both?
Thanks

Q: What are thoughts on Sleep Country, given the recent pull back would you consider it a buy? (If anything it has a cool stock symbol!).

Q: I bought Fairfax India Holdings ( FFXDF ) in my US $ portion of my RRSP quite some time ago. it has progressed well until last week. Your thoughts going forward? Thanks....