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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: Would you suggest an ETF or mutual fund suitable for a RESP for a child in his mid-teens? (Something that could be held at a bank, perhaps so fees could be low.)
Read Answer Asked by Bruce on August 28, 2014
Q: Athabasca Minerals
Could I have your opinion on it's current stock price now that the frac sand permit has been granted?
Read Answer Asked by sandy on August 28, 2014
Q: Hi Peter

What do you think of buying Mobileye (MBLY) as a way to get in on a fast growing area?

Thanks Peter and all the best on your upcoming ride.
Read Answer Asked by Mary on August 28, 2014
Q: Peter
My daughter is turning 21 next month She has $ 2500 to put in her TFSA Any suggestions as to how she should start her investing career Good luck on your ride
Read Answer Asked by Paul on August 28, 2014
Q: Comment re: meet and greet proposal.
" maybe hold a meet and greet sometime in Toronto with an invitation to all subscribers? (I am from Ottawa

Perhaps 2 would cover more subscribers. 1 in Waterloo which would be easy and within range of Windsor, Barrie etc as well as tri-cities, London and perhaps Toronto and maybe one somewhere east of Toronto for that area of the province.

Bryon in Elmira
Read Answer Asked by Bryon on August 28, 2014
Q: Hi Peter and team: Just a question: I am sure a lot of your subscribers like me would like to meet you and your team personally. Is it in the realm of possibility to maybe hold a meet and greet sometime in Toronto with an invitation to all subscribers? (I am from Ottawa) but would gladly travel to Toronto and pay to attend such a forum. Thanks for all your hard work and good luck on your bike ride. Stay safe.
Read Answer Asked by Helen on August 28, 2014
Q: Hello Team

I often watch BNN when they have analysts on and I have noticed that when the analyst reveals their top 3 selections most often the disclosure statements indicate that the analyst does not actually own the stock personally nor do family members own the stock. Almost always though it is held in the fund that they manage. Are analysts generally precluded from owing stock that they recommend for their funds to hold?
Read Answer Asked by Mark on August 28, 2014
Q: Hello 5i: recently the Canadian banks have shown decent results. Can you tell me why their stock prices have dropped over the past few days.

Thanks
Read Answer Asked by Valdis on August 28, 2014
Q: Team,

Can I get your opinion on MCR's results please.

Obviously the headline numbers are a huge miss (and the market is punishing it accordingly). I would have thought the losses in their fixed contract fiasco, and subsequent impact on margins, was already priced into the stock, but I guess not. They claim to be moving away from fixed contracts moving forward. They keep referring to that contract as a 'strategic contract' (I assume that means they were trying to buy a relationship by under cutting their competition...), do you see this bearing fruits by way of future (non fixed) contracts moving forward?

I purchased a very small position earlier in the year, and have averaged down a couple of times (I own MCR and E as my small cap exposure to energy infrastructure). MCR is still a small position in my portfolio, maybe I love punishment, but the market cap is now only $100MM, It almost makes that much revenue every year, assuming they can fix the structure of their contracts and win a couple bids, it seems like it has nowhere to go but up??!?… of course, I’ve thought that for some time now. I don’t like holding positions under a 1% weight in my portfolio so I feel like I should either cut it or add a little bit more? I’m fairly patient, but don’t want to keep throwing money behind a sinking ship either.
Read Answer Asked by Ray on August 28, 2014
Q: Hi Peter,

Just a note for Gerald and other members on company sectors. If they go to the TMX web site (TMX.COM), enter the company symbol they are interested in. After the quote comes up, choose the “company” tab. The Industry classifications are shown at the bottom of the page.

Regards
John
Read Answer Asked by John on August 28, 2014
Q: Not a question,just a "thank you" to Peter for developing '5i'. The education and recommendations are such a great help in hacking through the investment jungle. As a concrete thank you, I have just donated a second time to your Charity Ride and wish you all the best on your Canadian journey.
Read Answer Asked by Alexandra on August 28, 2014
Q: I have set aside funds specifically for the purpose of establishing an income portfolio. While I understand your reservations in trying to time the market, could you recommend a strategy for deploying the funds giving consideration to the weak seasonal period for equities we are entering, the imminent elimination of QE, and the potential for incremental increases in interest rates starting within the next six months. Would it be wise to place the funds in money market, or even a short term bond etf like VSB or VSC, and wait till later in the year to begin the investing process? What ideas in the 5i income portfolio are buy-able currently? Many thanks.
Read Answer Asked by Rupert on August 28, 2014
Q: PWB-T Pacific Western Bank. IAG have a $8 target on it. Is an online bank, what are your thoughts on this for a small position
Read Answer Asked by Lynda on August 28, 2014
Q: Model PF I am reviewing my weightings in various sectors and it is proving to be an equivocal process. I turned towards your PF to get some ideas and couldn't find anything relating to it. Is there somewhere to find this and if not, have you thought of doing so or, is there a reason that you don't.

TIA
Read Answer Asked by Gerald on August 28, 2014