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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 sold out my teck at $5.50 on your concerns that Teck may be a binary trade, either up or down. It looked more like down at that time. But, I have been stewing abit about Teck recently. It is the one stock that i have lost a lot of money on. And I always want to get it back.

The debt has been the concern with Teck, of course. But, i recently read a respected newsletter writer who noted that because of its cost cutting and strong reserves it was already beginning to enjoy its turnaround.

Now, the big question, as I say is debt. He notes that Teck ran debt of 1.5 times its currently depressed market cap. But, this debt doesn't come due until 2017. And the first tranche is $600 US million. They say, also, that Teck has 3.0 billion US of untapped credit available to them until 2020.

Now, i don't want to play one against another here. I think I made a good move when I sold out. But, now I am wondering whether, because of the dates of the debt due, I might have a little more time to watch this stock and take action a little later on. That is if it goes down again, I may buy back in. I'd appreciate your thoughts on these remuninations
thanks
Read Answer Asked by joseph on March 28, 2016
Q: Regarding your previous answer to someone regarding holding US dollars in TFSA. I have been thinking of selling US options in the TSFA, in order to get tax free US dollars. I have done very well in CSU and need to trim it back and have been thinking that I would try selling US options on the returns. Do you see any probelems with that strategy?
thanks
Read Answer Asked by joseph on March 28, 2016
Q: Peter - What are your thoughts on this company. They are small but growing with a plan to open 3-8 pods over the next year. They have $24 million in cash and appear to have a ceo and cfo who are very well educated and trained in the area of addition rehabilitation. I am already up quite a bit on this stock. What are you thoughts.
Read Answer Asked by Jim on March 28, 2016
Q: Hi Team,

I have very little bond exposure and would like your opinion on these two ETFs, XHY and ZHY as part of a balanced portfolio? Would you consider these to be a lower risk than an equivalent ETF holding High yield dividend paying stocks?

Thanks

Peter

Read Answer Asked by Peter on March 28, 2016
Q: Good morning,

Can you provide an updated investment opinion on this company.
It appears to be set up for some decent growth in the next few years.
In your opinion is it worth taking a small speculative position at this time.

Thanks
Tom
Read Answer Asked by Thomas on March 28, 2016
Q: We would like to set up a RESP for our new granddaughter. If we spread the contributions over 15 years, the CESG is maximized. What would you suggest for annual investments if we followed this approach? Or do you think a lump sum RESP investment now would produce better returns, even if it means forgoing the CESG? Thanks!
Read Answer Asked by Linda on March 28, 2016
Q: Morning Peter & team,
Looking at I5 Income on CPD now down a lot still with 5% yield, it seems a fairly good holding for my TSFA.
Your idea is very appreciated.
Tak
Read Answer Asked by Tak on March 28, 2016
Q: What is your current view on concordia and would you buy this stock today? Thanks and wishing you a Happy Easter Clare
Read Answer Asked by clara on March 28, 2016
Q: Good evening Peter,

I am looking for a list of Canadian stocks that have increased their dividends & had share buy backs in the last 12 months that you could recommend ?

Thank you for your help.

Gordon...
Read Answer Asked by Gordon on March 28, 2016
Q: This company was profiled in Canadian business under Canada's most innovative companies. Commercializes brilliant medical breakthroughs? Trades on venture. Have you heard of it and do you have an opinion on the company.
Read Answer Asked by Helen on March 28, 2016
Q: This stock has not moved much since it was listed. Your opinion please, is it a buy for a hold of 4 years or is this a 10 yr. hold.
Lilly
Read Answer Asked by Helen on March 28, 2016
Q: This stock seems to be moving nicely. Could you please provide an update?

Thanks for your great service.

Dave.
Read Answer Asked by David on March 28, 2016
Q: The charges are against Baazov & 5 others.Stock prices were up sharply prior to announcement of acquisition----How come?? Do you think that Baazov or Baazov & potential partners will make a bid of $21 now that its price is $15.45???.If found guilty,big fine &/or prison term..There is another suit too.Many problems.Many fund manager & investors are avoiding the stock.This is my humble opinion.
Read Answer Asked by Peter on March 28, 2016
Q: Hi Peter!
Has anything fundamentally changed in the supply/demand issues with oil over the last 8 weeks??
Read Answer Asked by Denzil on March 28, 2016
Q: I notice that you sometimes suggest/recommend that subscribers or their young dependents purchase U.S. $ denominated stocks in their TFSAs. I would love to but I don't. The reason -- taxes. Both in the short term and with age ( I am almost 80) am learning the hard way the implications of the T-1135 and the joy of U.S. estate taxes. If I had the chance for a do over, I would put as much of my U.S. equity holdings in my RRSP as possible and later convert to a RIF. Start using the TFSA for a some Canadian dividend grower. Publish if you wish. Thanks for all you do. Bill
Read Answer Asked by Bill on March 28, 2016
Q: Quite often advisers say buying the debt of a company is better.Could you explain the why and method
Read Answer Asked by terrance on March 28, 2016
Q: Hello,
In your article on option investing you mentionned the value of being diversified. I understood that as being diversified in your portfolio in general, and not necessarily in the stocks which you sell options on. Am I right in that?

I was going to sell options this week on both Apple and CALM this week, to get this diversification. I noticed, however, that i would, at least at this time, get about twice as much for the same amount of money by investing in Calm rather than Apple. So, i doubled up on Calm. Is there a problem in this? That is, did i miss something on the question of diversification?
thanks
Read Answer Asked by joseph on March 28, 2016
Q: I have mostly sold all my energy holdings and am considering selling my midstream holdings by mid-2017. Why? Ford Canada CEO states that the auto industry lost 50,000 jobs over the last 15 years and she feels all levels of government should help out to ensure more jobs are not lost. The oil industry lost 100,000 jobs in ONE year and no one flinches. Canadian natural gas is being replaced by Eastern US natural gas. The east imports their crude oil from Saudi Arabia and Venezuela and will not allow a pipeline to transport Canadian crude from the west.

So what investment thesis is left to hold any energy stocks or any stocks reliant on the energy industry?
Read Answer Asked by Greg on March 28, 2016
Q: Can I have your opinion on these three, all of which have disappointed recently. Thanks.
Read Answer Asked by Edward on March 28, 2016