Investment Q&A

Q: I have shares in XUU in order to get broad unhedged US exposure. This ETF is small with low liquidity, but has only minor bid/ask spreads with large number of shares available for trade. Do you have any concerns with the low liquidity? Is this a good ETF for US exposure?

Q: Div has shown a bit of an uptick recently,could you comment ?

Q: I have noticed that on TD's web broker that frequently a number of Canadian banks are making the new high list. Are you aware of any bank etf's that you would recommend and would you buy the etf at this time? With thanks, Bill

Q: Hi Peter and Staff
In a response today you indicated a payout ratio of 128 percent.
Can this be correct ? How can they do that!
Thanks for all you do
Denniz

Q: What is your opinion of Constellation Brands latest results and would the drop today be a good buying opportunity?

Q: The deeper Amazon integration announced today was good news. How does this differ from their previously announced partnership?

Q: Peter and Team I have bought some PLI and I am currently down Apox.6% Is this Co. going any where or is it a sell.

Jim.

Q: is there investments for the Canadian markets that take advantage of volatility ,should the incoming US administration do some things that start to take down the TSX ? Thanks and have a super 2017

Q: You've referenced the relationship between SHOP and AMZN in recent questions, but haven't said anything specific about the relationship - could you tell me/us what the relationship is? Is there a financial relationship between the two, or does SHOP help AMZN indirectly through better inventory management of sellers?

Also, I used to own Channel Advisor (ECOM) (which I think is in a similar business as SHOP). I sold ECOM at a loss and am wondering how the two differ, and why SHOP is the better preformer, if you are aware?

Q: If any one is interested in buying U.S. stocks I am going to read THE MAKING OF DONALD TRUMP BY DAVID JOHNSTON to give me added information.

Q: Hi 5,
If in a hypothetical situation an election were held today in the USA and a lunatic came into power, what would be your 5 top Canadian stock picks.

Thank you.

Q: I would be interested in hearing your opinion on this small cap.

Q: I think that a stock price can increase because:

1. earnings per share increase
2. multiple expansion

I understand #1. Can you please explain #2.

Q: Hello 5i,
Wishing you a very happy and prosperous 2017. And thanks very much for your advice in 2016—it helped to make that a good year for me and many others.
I need to take money out of my margin account for a purchase. I am thinking of a strategy that sounds vagely illegal but I don’t think it is I haven’t read anything about this anywhere. . I thought I would run it by you.
I have high capital gains in fairly conservative blue chip stocks, such as BNS and BCE. I have been thinking about buying a substantial amount of the same stock at todays price, thus bringing my ACB down substantially and thus reducing my capital gains. Then selling the same amount for the planned purchase. Of course at a substantially reduced capital gain.
I know that there is some risk that the stock could move in the time between the purchase and the sale, but with a stock like this probably not too much. And if it did, I could hold it for awhile. Even if dropped considerably ( probably unlikely) I could make a case for holding it.
It seems like an altogether too easy a way to reduce capital gain taxes and make some money. Am I missing something here?
thanks

Q: Could you please suggest where the funds from the sale of the propane division will be applied and the impact on the business..

Thanks Bob Rose

Q: Hi saw the President elect tweeting threats to Toyota today in regards to building a plant in Mexico resulting in a substantial tax
Contemplating a buy in BUS and am wondering if the Dec 12th press release in regards to achieving "BUY AMERICA CERTIFICATION" will be solid enough to avoid future issues, or could Trump muddle this up?

Q: What do you think of Cipher at the moment? I am down on the stock but it has had a bit of a comeback recently. Sell now or hold?

Q: Joining 5i (and following your advice!) has been my best investment decision ever. Thanks for a wonderful service.

I'm planning to move one of Cineplex, Stantec, or Stella Jones from a RIFF to a TFSA, and am wondering which of the three you would think would be poised for greatest growth over the next few years.

Q: To add to your response to Carl's question "why would anyone ever buy pref shares" - Hymas Investment Counsel specializes in Pref Shares and has a number of publications available on their website including "Why Invest in Preferred Shares" and "Security of Income versus Secrity of Principal". These might be helpful. www.himivest.com.

Q: I know 5i's focus is not value investing but could I get the top 3 picks from your coverage universe that would fit or somewhat fit the criteria of a "value" stock at current prices.

Thanks