Investment Q&A

Q: Hi Team, I would appreciate any information you can provide on the continuing sharp decline in Arizona's share price and whether you feel the situation may improve in the near term.

Thank you, John

Q: Peter and staff
A great number of my stock picks are based around your assessment of the company and I thank you for all this good advice
In your 3 portfolios 10 of the holdings are down 10% or more for this year.
My risk tolerance red light snaps on when when a stock is down 10% or goes below the 40 DMA.I do look at some factors for the reason but maybe not the right ones.Many times I have sold only to see the holding come back and continue to grow.
What criteria do you use to continue to hold a stock even when you are down a fairly significant amount?
Thanks and have a great holiday and 2017.

Q: I have position on SOX and BDT for tax-loss. What would be good to replace them with ?
Your suggestion is highly appreciated.
Thanks for the great service ! and Happy Holiday !

Q: Hi Peter and Ryan, I'm just making sure I understand the withdrawal rules correctly in dealing with TFSA accounts. I have some cash accumulated from the payments of dividends during the last few months in my TFSA. Am I allowed to withdraw say $2,000.00 in cash from my TFSA account in the next few days (before December 31). Then after Jan 1st, 2017, does my new limit for 2017 become $7,500.00? If so can I transfer (in kind) shares from a cash account worth $7,500.00 into my TFSA without issues? Thank you so much for all you do and all the best in the new year. Mario.

Q: do you like the Japanese market and if so what would you recommend to buy into to enter into this market, and what % of a portfolio. Thank you and wishing you all a Joyous Christmas and a Wonderful New Year.

Q: Has your view on this company changed ? With the price falling, is there a point at which it becomes a buy ??

Q: Hello 5i
Have allowed MAW150 to become a heavy weighting in Portfolio.
Are you able to comment on potential sources for its lack of performance through 2016? I am a little surprised to be down on the year.
A recent article on MAWER indicated they have likely run out of good investment ideas and their previous choices have run out of juice.(Top award winners in Mutual Funds regressing to moderate performance)

Would you just let them do what they are paid to do (MER= 1.74%) or would you choose to reduce (MAW150: 74% International allocation-Oct 31) by shifting capital to US oriented ETF - XMC?

Portfolio Geographic allocation for International vs USA are about equal currently.

If something else comes to mind as you consider this questions please feel free to add.

Thanks
Dave

Q: Hi,
If my calculations are correct and the projected forecast on earnings is also correct this stock should be in the $55 to $60 range at this time next year. If not higher. I understand that any stock can reverse course at any time! So my assumption is based on numbers and past performance of management. The stock looks like it has solidified at around $39.00 the past few weeks from a high of $44 and change. I believe the drop was end of year profit taking and portfolio management. What are your thoughts on this. Thanks.

Q: A couple of years ago I transferred 25% of my sdrsp into a sdrif so I could set up the basic structure and start adjusting to appropriate holdings to produce a revenue stream and a bit of growth. I will transfer the remainder of the RSP in 3 years. I have gradually been selling stocks that do not seem to fit and have been moving the proceeds into some of the 5i income portfolio. I currently hold 9 of them, as follows :
ABT, BCE, BEP.UN, BNS, ENB, ET, FSZ, XHY, WSP

I have some cash available and would appreciate your suggestions for which 3 or 4 of the remaining ( ADW.A, AGU, AW.UN, CPD, CVD, ECI, L, SPB VNR, ZRE) you would suggest I acquire. Also, given possible year end/new year movement and events, could you shine up your crystal ball and give any comments on what timing might be best for those acquisitions?
Please note: I hold IPL (6%) as well as ENB (8%)– would you recommend IPL be changed to VNR ?

(I also have a fully funded TFSA with a growth tilt and a non-registered account with a dividend/growth tilt and OAS/CPP gvt pension).
As always, THANK YOU to Peter and the 5i Team for being there ... May your Christmas' be Merry and Bright !

Q: A member wrote: "The CHIP was at 4.74 at the time (I can't remember where I got that number but it was accurate) and assuming interest rate increases, after 10 years, the CHIP had grown from an original $44,000 to $289,326." I don't have my scientific calculator, but this seems most unlikely. Under the rule of 72, even with a 8 percent interest rate, it would take nine years to double the amount, not a 16 time increase, as is claimed here for 4.4 per cent. Where did I go wrong?

Q: Merry Xmas to all ... if a fella was looking for a rather healthy dividend with minimal growth would you be worried about a small position in FTN. It just looks to good to be true. Am I missing something? TY.

Q: Hi 5i guys.

What do you think of Patriot One Technologies?

Best,
Linda

Q: Im a 74 year old male in reasonably good health, my RRIF minimum withdrawal is about $26,000 per year. I want to keep 4 years, about $100,000 risk free as in GIC's where could i invest the other $360,000
so i can make a reasonable 5% return.

Q: True North Commercial REIT is one of the smaller REITs out there. Why should I invest in them when there are bigger REITs out there that have a lot better diversified property portfolio?

Q: Would appreciate your outlook on ThermoFisher, TMO

Thanks

Q: TA.PR.J - are the new terms applicable to this series and if so, what exactly are the new terms?
Thanks

Q: Please explain why ENB uses the "drop down" of assets to ENF? As a heavily indebted company (ENB), does this tactic make it easier to access capital in the future by selling a portion of the shares it owns in ENF than issue more debt?

Q: I occasionally see a reference or a prediction in the financial press to "it would boost S&P earnings by US$10". Since I'm pretty sure that both S&P as a company, and the companies in their indexes, all earn much more than $10, what are these authors telling me? Thanks! James

Q: I am helping my son with his self directed RRSP and he has TD but would like to add another financial stock so which of the 3 listed would you suggest or is there a different one you would suggest? He is 31 years so has lots of time for investing.

Q: for a young person with their own RRSP and LIRA would be best to use the balanced portfolio or should they add some growth stocks as well?

Thanks
D