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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: These Dundee series 4 preferred shares tanked during the past week after Dundee announced plan to exchange them (redeemable in June 2016) to class 5 shares redeemable in June 2019) - http://dundeecorp.com/pdf/2015-12-10-QandA.pdf
The exchange incentives are clearly not sufficient considering the fact that these pref shares now have junk rating (re prefblog.com). What is the most concerning is that the company is now offering extra payment to shareholders who vote in favour of exchange (see Globe and Mail article here: https://t.co/HseE5rIvF8). I would never think something like this is even legal in Canada... What's your opinion of this?
Read Answer Asked by Michael on December 15, 2015
Q: Over the past several months I have gone to 60% cash.
I have only 3 banks & 2 telecoms left in account.
Thinking now would be a good time to start getting back in.

If you had to buy any 3 Canadian stocks for a 63 year old conservative investor which 3 would you buy.

Thank you as always for wisdom.
Craig
Read Answer Asked by Craig on December 15, 2015
Q: PUR is in the 5i growth portfolio but I can not find any write-up on your site about the company. Is there such a write-up? Thanks

Kenn
Read Answer Asked by Kenneth on December 15, 2015
Q: Please provide your general insights about this company, the insider ownership levels and the quality of the stewardship, thank you.
Read Answer Asked by MG on December 15, 2015
Q: I purchased AGU on the US side of a taxable account. I want to move it over the the CAD side. Will this be a taxable event?
Read Answer Asked by Kat on December 15, 2015
Q: Fiera is hitting new lows,with over 50% of its dealings in the non equities , bonds etc has any of its funds failed or possibly in trouble and therefore scaring away investors.Should I continue to hold? What are your thoughts going forward.
Read Answer Asked by John on December 15, 2015
Q: HI 5i,
What are the implications, if any, of the news that the chinese sovereign corporation is moving from Toronto to New York?
Thank You
Read Answer Asked by Linda on December 15, 2015
Q: Peter, crude oil is below $40 but yet the gasoline price near where I live in Toronto is still around $1/litre. This gasoline price is the same as when oil was around $80 or so. What am I missing? Why the gasoline price doesn't come down. Thanks for the insights.
Read Answer Asked by Iskandar on December 15, 2015
Q: Team, wonderful service.

I see you suggested GXC or FXI when asked about China ETFs. What are your thoughts regarding CQQQ or YAO as alternatives ? Thank you very much. Have a great holiday season. Nancy
Read Answer Asked by Nancy on December 15, 2015
Q: Good Afternoon: My question is really currency related rather than Visa specifically. I own a few US stocks including Visa which fortunately for me I purchased when there was not as much difference between the US and Canadian dollar. As a result of stock performance and the difference in currency valuation I have done well. I would like to make a few more US purchases but cant make myself do so with the almost 40% hit. In my opinion some time in the future our dollar will get stronger. Do you have any suggestions or can you recommend Canadian companies or ETF's that I can buy without being so concerned about the currency. Thank You.
Read Answer Asked by Brian on December 15, 2015
Q: What do you guys think of this company?
Read Answer Asked by manochehr on December 15, 2015
Q: RBC has a Top Pick rating on this stock. It continues to implode. Is it year end selling or is there some other underlying cause. I've averaged down based on RBC rating but it's continuing to drop. Thoughts ??
Read Answer Asked by Randy on December 15, 2015
Q: Hi Peter & team:
I own CF.PR.A and RON.PR.A (along with a couple of others) which are preferred the rates of which will be reset in March and September 2016, which explain in part why they down so much. These are part of the income portion of my portfolio, so I am still fine in staying in that space. My question is whether I should be worried about the credit risk of those two specific names. Would it make sense to switch to other beaten down resets with a better credit risk, such as BCE or FTS? If so, would you have suggestions. Thanks.
Read Answer Asked by Bernard on December 15, 2015
Q: Greetings, Could not find report on DR (Medical facilities. Buy now at 52 week lows or wait for further capitulation? Is this company good for a long term relationship ?
Read Answer Asked by Arzoo on December 15, 2015
Q: Hi Peter and Team!! What are your thoughts of starting a small position in IBM at its present value? Cheers, Tamara
Read Answer Asked by Tamara on December 15, 2015
Q: here is more info about that etf
thanks
margit
Read Answer Asked by margit on December 15, 2015
Q: Your thoughts on the high yield market. Is it a buying opportunity or ?
thanks,
Read Answer Asked by Denis on December 15, 2015