Investment Q&A

Q: I am a long-term investor with the majority of equities purchases targeted to 5-10 years. Certainly, I have a few equities that are in loss positions similar to the model portfolios on 5I Research. Would you recommend using a stop loss process on all stock purchases in an entire portfolio? If so what stop loss system would you recommend for purchasing a security such as SIS? If I purchased SIS today with the intention of holding long term is there a need to utilized a stop loss system?

Q: I've read/heard various things about "Commodities" being poised to do well. When commodities are being referred to, how does this refer to specific stocks or ETFs that can be purchased on the stock market? Are we talking the commodities market, certain ETF's, gold and silver stocks, etc.?

What is your best suggestion on stocks, etf's that would benefit from this positive "commodity" outlook?

Q: What are you thoughts on buying these 2 stocks and can you recommend a good US divident paying ETF purchased with CAD - VUN ?

Q: Hi Team. Do you see this recent stock market turmoil as a correction and buy the dip or the start of a bear market and run for the hills?

Q: Your current opinion ?

Q: What are your current thoughts on AutoCanada following its recent purchase of Grossinger Auto Group, a dealership group in the States? Thank you.

Q: Re Jason question March 22 regarding metrics for downside support for telcos, utilities and reits. . What cos would you recommend which meet a sufficient number of the metrics? Thanks

Q: Hello, this is in regard of the Globe & Mail article by Ryan dated March 12, 2018. Does this new index change will impact the sector classification we get from TMX Money? For exemple does this mean that using TMX Money, companies such as OTEX, CSU, MSFT will no longer belong to the technology sector as of Sept. 28, 2018? Thanks, Gervais

https://www.theglobeandmail.com/globe-investor/investment-ideas/getting-a-read-on-index-changes/article38279262/

Q: Do you think there is any danger of this stock cutting it's dividend?

Q: Trying to access whether or not to continue holding my position in Manulife. There are so many conflicting views. Rising interest rates should support the stock. What is your view on the problems within the co as well as any affect the trade war will have its business in Asia. I’m an income invested plus preservation of capital.

Q: Would this be a decent investment? Is the payout safe??

Q: The infrastructure requirements for 5G networks is going to be fairly expensive for Telecom companies. Do you think the shares of BCE and Telus will be impacted because of infrastructure expenses. Thanks. Regards, Shyam

Q: Further to Andrzej question, net capital loss means that the 50% reduction has already been applied, so his gross capital losses are $111,000, which means that his taxable amount for 2017 is $8,000 (($127,000 - $111,000)*50%). On the tax return, the net capital loss carry-forward is reported separately from the current year gain as a deduction from net income to arrive at taxable income.

Q: Financial stocks of every type are getting hammered again today, as they were yesterday. Everything from banks to insurance companies to credit cards and payment processors in both the US and Canada are down between 5-10% in the last two days. Can you draw a line for me on how the possibility of trade disruption between the US and China could account for this? Is Bank of America really worth 9% less today than Wednesday because of Trump's trade tariffs or this just mindless "sell everything!" panic?

Q: If you had to pick one of these today for a combination of income and growth, which would you choose today?

Q: Greetings,
Looking at stepping into CVS as a short term ( 3 month max) trade. With some of the volatility in the stock it would seem undervalued and has demonstrated an ability to adjust to their market conditions over the long haul. Your thoughts?

Q: Peter and Team, I raised cash progressively by trimming a few different positions from my stock portfolio (basically mirror of Balanced Equity Model Portfolio) over the last 6 months to reduce risk a bit as I have been and am still concerned about the markets (high debt levels, rising rates, very high P/E's, etc.). I put some of the proceeds in HFR. I currently have approximately 5.7% of my overall portfolio in HFR. I also have approximately 21% of the portfolio in straight cash. I want to put this money to work in something that won't crash with the markets (if they do) and recognize this means low return/low risk. How much should I be comfortable in putting in a single ETF like HFR? I've also been looking at running a small 0 - 90 day fixed income book to generate approximately 1.15% annually or so. Ideally, I'd just drop a bunch of cash on my mortgage but my significant other is concerned about taking that cash for that reason and not keeping it invested for the long term.

I digress. Thoughts on concentration risk with HFR and other low risk, low correlation ideas to make some return on my cash position would be greatly appreciated.

Q: i would like your opinion on Melcor. Sell or hold? thank you.

Q: This company nearly winked out in the energy downturn, but it has recently "returned to profitability". Also, the sale of Calgary Tunnelling, once completed, will apparently eliminate the debt. Is the sale a good move ? Is it time to put this stock on the buying radar ?

Q: What are your thoughts on CEO Don Walker and COO Tommy Skudutis disposing of a fairly large block of shares this week? Cause for concern?