Investment Q&A

Q: Thoughts before they report tomorrow? I know high inventory was an issue but I understand that they do an annual "warehouse sale" in August... should the presumed decrease in inventory overcome the haircut they'll take on the sales in terms of market reaction?

I'm asking you to predict the future a bit here, I know.

Q: Good morning,

For an RRSP hold long term 10+years which of these would you prefer? What are the differences between these FTT & TIH company? In your opinion which as the stronger management and most upside? Both have contracts with CAT would they have similar deals with CAT for sales?

Q: I think there may be some confusion about my previous question re VFV and also a question posed by umedali.
I may have misunderstand, but you seem to imply that VFV would undergo double taxation (withholding) because it is an etf that holds another etf. Is that what you mean by a “second level” of tax?
I am not sure this is correct. The etf being held by VFV would be U.S. domiciled, which would not be subject to tax on the dividends it receives from U.S. companies. However, VFV, being Canadian, would be subject to tax on the flow through of dividends to it from the underlying etf. Then, after this, the dividends should flow through to a Canadian holder without further tax, since it is from a Canadian listed etf. So only one round of taxation. Unfortunately, they call it “level 2” taxation in that link you provided, which is about the most ambiguous label they could have possibly come up with.
As far as I can tell, double taxation would only come into play if the underlying etf held by VFV itself held foreign securities (ex European stocks).
Apologize if I’ve got this all wrong, it’s not very clear on the Vanguard website imo.

Q: Hello, Are Canadian companies listed on US exchanges considered separate entities ? For example, if I buy TD bank on the US exchange because I have funds in my US brokerage account and something happens to TD US, would I have been protected if I bought it on the TSX instead ?

Q: Is MSFT at a good entry point for a long term position?

Q: Can you see any particular reason for this stock to do the nosedive it has taken the last week or so? I have not been able to find anything anywhere. Thanks. H.

Q: A fellow on BNN market call recommended holding actual gold rather then gold minning companies.He suggested PHYS.What are your thoughts??

Q: Gentlemen;

What 5 core stocks, Canadian or US, would you want to add to today?

Q: i own the above stocks.i want to add one more, your favourite mid to small cap oil company for growth. dave

Q: RBC lowered target price to 153. Anything to be concerned about? I looked up report section and last time TFII was formally reported upon was April 2022. Can you explain why 5i feels TFII is a top pick? What are the main strengths and weaknesses going forward? What price do you see down the road and why?
A suggestion: company reports should be updated every 12 months. In TFII's case, it's 17 months and counting. I realize there are lots of questions about TFII but a report formally brings it all together. I'm sure your customers would appreciate this.

Q: Dear Peter et al:

This is a big picture, non-personal question of a "fictional" account of a million dollars :)

From your answers to various subscribers over a period of years, I know that you have always said the portfolio construction is based on individual's personal needs and wants. Agreed!
Hence this general question!

If one wants to have 20% of the portfolio in NON correlated, steady as she goes kind of stocks or bonds, what should one buy?
I see that even though the stocks and bonds are not correlated, in 2022 they both were severely punished. Gold hasn't gone anywhere. Energy was down now but has gone waay up!

Even the ardent fans of Technical Analysis seem to be "confused" about non performance of their Intermarket Analysis approach. (John Murphy)

So, the question is how can one construct a portfolio with non correlated assets and come up with an asymmetrical barbell portfolio (Nessim Taleb?)
I have been looking at Utilities, Financials, Emerging markets, bonds, Gold........nothing seem to be appealing!

Any words of wisdom?
Many thanks in advance.

Mano.

Q: Blake on Sept 25 talked about adding more shares to some of the falling positions he had and you had recommended two of them would be GO EASY and SunLife. GO EASY I have had since I bought it at $127.00 so I added more GO EASY on your advice to Blake. It underperforms most of my Canadian stocks and so would I be better when it gets up to my most recent purchase of $110.70 to buy ATS or another one of your Canadian recommendations that is out performing GO EASY?

I am mid 70's senior and I found it complicated to get on Chris' webinar. I did not have a GO EASY account and other things required so I did not see it. Thank you

Q: Hi Team,
The market has done a good job at punishing growth investors as of late (again). If one is looking for opportunity to add today which of the following is the best buy today (long term horizon). ATS, LMN, SHOP, BN? Perhaps rank the order you would purchase them. Thanks

Shane.

Q: Within the 3 5iR portfolios, what are the stocks that would be considered "dividend growers"?...Thanks.... Tom

Q: I have been thinking of replacing PKI with EIF in my RRIF over the last few months. During this time PKI has been steadily rising ( in a weak/ declining market) while EIF has been following the market down. The EIF decline has been quite substantial from what I see is a strong company with good prospects. Is there something wrong with the company that us retail investors don’t know about. ? Is there a rerating of the company going on ? Several analysts have been more positive on PKI. Should one expect strength in this stock to continue. ? Trying to figure out when ( and if ) I should make the switch. My gut says to wait this out. Your thoughts are appreciated. Thanks. Derek.

Q: Hello 5i
elf is down 25% from recent highs. Would you consider this a good entry point?
Thank you
Dave

Q: Can you tell me how many times BNS and TRP have met or beat earnings expectations in the last dozen quarters please? Thanks

Q: Would you agree with the activist investor (Engine Capital) that PKI is undervalued and a stock buyback and a reduction in capital would be good for the company.?

Thx

Q: Please comment on Decisive Dividend.Tried to access search of previous questions but could not access that feature of your website.Thanks.

Q: Peter; To me - it looks like the oil sector is trying to catch up to the price- oil is flat to down past week but the oil stocks are up ? Rod