Q: May I please have your comments on Magna's recent earnings. Thank you
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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 have held SYZ for sometime now and have become somewhat impatient. I would like your view of swapping it out in my TFSA for ITC? In particular your thoughts on risk/reward and future potential.
Q: Hi, I bought by mistake the ATB.A (the less liquid shares) instead of the ATD.B (the more liquid shares). Should I spend the $20 or so in transaction fees to switch to the more liquid shares? I am not sure that it is worth it given that I bought just 50 shares, but would like your take on this. Thanks!
Q: Surge increased its NAV to 5.47 per share and is currently trading below $3.00. What is your current view on the company and would you expect the stock price to trade at the NAV price.
If a stock trades at a discount to nav what is the usual discount for the sector. thanks Clare
If a stock trades at a discount to nav what is the usual discount for the sector. thanks Clare
Q: Can you please comment on recent earnings. Thx
Q: Hello 5i team,
Much is being said about protecting one's portfolio in the event of a correction; here is what I think.
Let’s assume that my portfolio is worth 100k, 5k of which is in gold (5% as you suggest).
If the market corrects by 10% and gold appreciates by 10%, the value of my portfolio would drop to 91k (85.5k equity, 5.5k gold); If I did not hold any gold, my portfolio would have dropped to 90k (or 1k less).
If the market corrects and gold appreciates by 20%, the value of the portfolio would drop to respectively 83k and 80k (or 3k less).
If the market corrects and gold appreciates by 40%, the value of the portfolio would drop to respectively 64k and 60k (or 4k less).
I conclude that holding 5% of my portfolio in gold does not provide materially significant protection in any of the above scenarios.
If one desires real protection in any of the above scenarios, 50% of the portfolio should be in gold; only then would the value of the portfolio remain intact.
Your comments are most appreciated,
Antoine
Much is being said about protecting one's portfolio in the event of a correction; here is what I think.
Let’s assume that my portfolio is worth 100k, 5k of which is in gold (5% as you suggest).
If the market corrects by 10% and gold appreciates by 10%, the value of my portfolio would drop to 91k (85.5k equity, 5.5k gold); If I did not hold any gold, my portfolio would have dropped to 90k (or 1k less).
If the market corrects and gold appreciates by 20%, the value of the portfolio would drop to respectively 83k and 80k (or 3k less).
If the market corrects and gold appreciates by 40%, the value of the portfolio would drop to respectively 64k and 60k (or 4k less).
I conclude that holding 5% of my portfolio in gold does not provide materially significant protection in any of the above scenarios.
If one desires real protection in any of the above scenarios, 50% of the portfolio should be in gold; only then would the value of the portfolio remain intact.
Your comments are most appreciated,
Antoine
Q: You talk about sector and asset weighting based on an entire portfolio. If one's portfolio is say $50,000 and a 9% stock weighting is $4,500 is it worth the fees to sell and re-balance? Does the answer change if it's a long term holding? What if the individual is making regular contributions of $10,000 / year? Could they continue to hold that 9% position and reduce it over X number of years by investing in other assets?
Q: If you were 18 and had $5000 to invest thinking long term what would you do?
Q: With bond rates as low as they are, does making GICs the fixed income portion of a portfolio make sense for a middle aged beginning investor, or is a bond fund still the way to go?
Thanks
Thanks
Q: i bought some DHX.B bought about two years back and am losing $2000 on 550 stocks,do you think now to sell and what to replace it with.
- Kinaxis Inc. (KXS)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Intrinsyc Technologies Corporation (ITC)
Q: Hi guys,
My portfolio has slowly but finally become well diversified thanks to you and your service the past couple years. Now that I am at this state I am looking for a higher risk company to invest a small amount of money in. What stock do you see as having some huge growth potential albeit risky?
Thanks again
My portfolio has slowly but finally become well diversified thanks to you and your service the past couple years. Now that I am at this state I am looking for a higher risk company to invest a small amount of money in. What stock do you see as having some huge growth potential albeit risky?
Thanks again
Q: Hi,
I am looking for HSBC for its high yield.the stock has performed well last year and now down a bit due to weak results.
I do not have any exposure to international bank. Please can you let me know your view for HSBC or any other European/ UK bank for long term hold 5 +
I am looking for HSBC for its high yield.the stock has performed well last year and now down a bit due to weak results.
I do not have any exposure to international bank. Please can you let me know your view for HSBC or any other European/ UK bank for long term hold 5 +
- BMO US High Dividend Covered Call ETF (ZWH)
- iShares Canadian Financial Monthly Income ETF (FIE)
- Mawer Balanced Fund Series A (MAW104)
- Mawer Canadian Equity Fund Series A (MAW106)
Q: Hi,
I have these 4 in my RRSP and have about $26,000 in cash to invest there. What would you suggest for this money and would you suggest changing of any my current holdings. Looking at a 5 year hold. Thank you.
I have these 4 in my RRSP and have about $26,000 in cash to invest there. What would you suggest for this money and would you suggest changing of any my current holdings. Looking at a 5 year hold. Thank you.
- Photon Control Inc. (PHO)
- CRH Medical Corporation (CRH)
- D-Box Technologies Inc. Class A Common Shares (DBO)
- Intrinsyc Technologies Corporation (ITC)
- International Road Dynamics Inc. Common Shares (IRD)
- Telo Genomics Corp. (TELO)
Q: Researching some of your Small Caps
Can you put in order what you like to start a new position . Thank you.
Can you put in order what you like to start a new position . Thank you.
Q: What do you think a minimum % position should be for individual equities? I have a very diversified portfolio, but I think some of my positions are to small.
Thanks David
Thanks David
Q: "A Share Change for Enbridge Inc. (ENB) in S&P/TSX Indices
TORONTO, Feb. 23, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Enbridge Inc. (TSX:ENB) has completed the acquisition of Spectra Energy Corp. (NYSE:SE). To reflect the issuance of common shares as part of the transaction, the relative weight of Enbridge will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 Capped and 60 ESG, the S&P/TSX Composite Dividend, the S&P/TSX Composite High Dividend, the S&P/TSX 60 Carbon Efficient, the S&P/TSX 60 Carbon Efficient Select, the S&P/TSX 60 Fossil Fuel Free, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient Select and the S&P/TSX High Income Energy Indices at the open of trading on Tuesday, February 28, 2017."
Do you think that the increased weight for ENB shares in the S&P indices will result a buying pressure on the stock price, on Feb 27&28 ? Should it be material ? What are your views on ENB now, once Spectra merger has closed ? Thanks
TORONTO, Feb. 23, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Enbridge Inc. (TSX:ENB) has completed the acquisition of Spectra Energy Corp. (NYSE:SE). To reflect the issuance of common shares as part of the transaction, the relative weight of Enbridge will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 Capped and 60 ESG, the S&P/TSX Composite Dividend, the S&P/TSX Composite High Dividend, the S&P/TSX 60 Carbon Efficient, the S&P/TSX 60 Carbon Efficient Select, the S&P/TSX 60 Fossil Fuel Free, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient Select and the S&P/TSX High Income Energy Indices at the open of trading on Tuesday, February 28, 2017."
Do you think that the increased weight for ENB shares in the S&P indices will result a buying pressure on the stock price, on Feb 27&28 ? Should it be material ? What are your views on ENB now, once Spectra merger has closed ? Thanks
- Royal Bank of Canada (RY)
- BCE Inc. (BCE)
- TC Energy Corporation (TRP)
- Franco-Nevada Corporation (FNV)
Q: 11:31 AM 2/23/2017
Hi Peter:
I don't quite understand your rationale for owning gold bullion, gold streamers or gold miner shares as insurance. Today you said : "The key for 'insurance' such as gold is to own it when you need it, not after." It seems to me that this implies selling your gold at a crisis time since insurance only pays off if the house burns down.
Does this mean you advise actually selling gold positions if the market plunges? Golds get hammered too in crisis situations so may not be winners either. Holding golds through a crisis is almost pointless since if you don't sell you just ride the price up and back down again and almost all golds have trivial dividends, so no meaningful income from them while holding. I just don't see the point. Much better to own BCE or RY or TRP! Would you agree?
Thank you.... Paul K
Hi Peter:
I don't quite understand your rationale for owning gold bullion, gold streamers or gold miner shares as insurance. Today you said : "The key for 'insurance' such as gold is to own it when you need it, not after." It seems to me that this implies selling your gold at a crisis time since insurance only pays off if the house burns down.
Does this mean you advise actually selling gold positions if the market plunges? Golds get hammered too in crisis situations so may not be winners either. Holding golds through a crisis is almost pointless since if you don't sell you just ride the price up and back down again and almost all golds have trivial dividends, so no meaningful income from them while holding. I just don't see the point. Much better to own BCE or RY or TRP! Would you agree?
Thank you.... Paul K
Q: Just wondering if you can give me a list of three to five stocks that pay dividends as eligible dividends for the tax credit. Prefer them to be paid monthly. I want dividends as well as some growth if possible.
Thanks
Thanks
Q: Cott reported today. In the past year it has traded as high as in the 20s and now around 15. I have a half position and they seem to be on track to achieve better growth and revenue in 2017. Would you endorse a full position? I like it also has a potential takeover target. They tried a few years ago but now they are a different company and possibly more attractive to the likes of pepsi or coke.
Q: Spinmaster and Exchange have both had positive news lately , can you give me an estimate on what the ceiling would be for each of these strong gainers and time frame. TY for all you do.