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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 cannot access the model portfolio in PDF. It dow not show up in latest reports only in excel and I do not have excel. Thanks.
Read Answer Asked by Helen on October 01, 2014
Q: what is your opinion of tph bringing their management in house ?
Read Answer Asked by terrance on October 01, 2014
Q: Further to the general talk of a market correction, would it be prudent to sell the ETF positions in the Income Portfolio and hold cash for a few months, to see if a correction takes hold?
Read Answer Asked by Gregory on October 01, 2014
Q: Hi 5i,

I was excited to see the new report on WSP but then got a bit worried when I saw the overall rating. A B- rating is only one above noninvestment grade from your previous comments. I was very surprised especially because in the past you seemed to have put STN and WSP comparable. Was it the recent acquisitions that is the main concern or was there something else that pulled it down?

Thanks!
Read Answer Asked by Wayne on October 01, 2014
Q: Hi Peter and Team:
I contribute my TFSA account in a monthly basis. so far I have $3500 cash. can you please recommend one or two stock with good growth. this is for about 5 years holding.
Thank you so much
Adriana
Read Answer Asked by hong on October 01, 2014
Q: SPS.A seems like an interesting prospect at the right price, I was wondering if you could clarify how much insider ownership there is and what your overall take on the company's outlook? Thank you.
Read Answer Asked by MG on October 01, 2014
Q: Can I please have your opinion on Black Stone BX on NYSE. Is it a buy, hold or sell. Thank you.
Read Answer Asked by Francis on October 01, 2014
Q: If/when interest rates rise, should one be getting out of this ETF?

Please forgive the naivety of this question, but I hear analysts blathering on at great length about the need to "get out" of bonds as the economy improves and it leaves me at a loss on how to deal with this in my portfolio.

I realize this is in your Income portfolio for its attractive yield, but was wondering if the forecasted interest rate rise does indeed begin soon, does the thesis of holding this for its yield still remain valid? Would not the falling market price then negate its dividend yield?
Read Answer Asked by Sylvia on October 01, 2014
Q: Do we know when the Carfinco deal will be closing?
Would like to receive Special dividend, but also would like to have cash to deploy as the market pulls back. Any timeframe?
Read Answer Asked by Don on October 01, 2014
Q: Hi team
Shareholders voted by 70 percent to approve the two share classifications as of Oct 6 There will be DHX.A for Variable Voting Shares (original shares owned by non-Canadians) and DHX.B for Common Voting shares ( original shares owned by Canadians) I am Canadian so my shares will be converted to DHX.B
What impact do you think this will have on the market price and volume of DHX.B shares?
Since their stated intent is to attract foreign investors who obviously can only buy DHX.A . How can this possibly be good for my share value? or am I missing something?
Thanks
Kathy
Read Answer Asked by Kathy on October 01, 2014
Q: Today, Reuters (Mike Dolan) published a piece "Financial Market Storm Brewing.." and the last paras stated:

"If investors are surprised by financial storm, it won't be because they weren't warned. Financial watchdogs have been waving a red flag about overstretched markets for the past year and stressed concerns again this month.

"There are increased signs of complacency in financial markets, in part reflecting search for yield amidst exceptionally accommodative monetary policies," the Bank governor Mark Carney said last week, citing conclusions of the G20's Financial Stability Board which he chairs.

"Volatility has become compressed and asset valuations stretched across a growing number of markets, increasing the risk of a sharp reversal."

Particularly because of Mark Carney's comments, this caught my attention. Any thoughts on how this might play out?
Read Answer Asked by Alexandra on October 01, 2014
Q: Och Ziff (OZM.us) has been plunging in recent weeks, and got beaten up a lot more this week. Markets appear to have been priced in the litigation risks OZM faces: class action suits; corruption charges; and misdemeanors in southern Africa). I have checked some financial sites, including key news sources in London and Frankfurt.

I have some OZM in an RSP . It was selected as a 2014 pick in January by Sabrient. Sabrient and its affiliate Gradient Analytics are generally good, notwithstanding they got this one wrong.

With the price drop in OZM , its dividend yield now screens sky high. Industry wags (T-Reuters, Research Team, Value Engine and 2 analyst houses I looked) still rate OZM as a buy.

OZM price and now looks too good to be true. One gets an uneasy feeling about it, but I don’t see any new info that wasn’t already in the public domain a month ago.

If you are able to comment on OZM, I would appreciate it very much.

Dr Adam Okhai
New York

Read Answer Asked by Adam on October 01, 2014
Q: This is more a general question that a company specific one. Tax loss selling has been mentioned a lot recently and while I know what it is,I don't know how (if?) I can it to my advantage, as I have only had registered money up until now.

From the conversations, it would appear that we should expect a lot of selling around stocks that have fallen quite a bit - AVO, BDI, BAD to name a few. I am down on these stocks too but I am committed to hanging on for several months yet. But is there a value in selling them to realize a loss and buy them back in 31 days as there is little likelihood they will rise in that short time or is that too much like gambling on market timing?

Also, it seems that this activity occurs in the late fall. Why? You can claim the loss at any point in the year so why does it seem to concentrate then?

Finally, if all this selling is expected to occur, is there a way to take advantage of it?

Thanks for the education. If this is not the correct forum to answer this, perhaps you could direct me to where I could learn about this "phenomenon'.

Paul F.
Read Answer Asked by Paul on October 01, 2014
Q: Hi guys, just like to hear your analysis of ADW.A and if you could speak to the risks associated with some of the dependence the company has on LCBO / Gov't of Ontario support through policies. I am looking at the non-voting shares as a portfolio diversifier. Thanks, Mike.
Read Answer Asked by Mike on October 01, 2014
Q: Could you update on Alderon (ADV) it's dropped big time with the price of iron ore, will this affect financing.
Thanks
Read Answer Asked by Doug on October 01, 2014
Q: Hello,

Can compare BLX (boralex) and Algonquin Power (aqn). Which would offer more growth and are they similar in risk?

Thank you
Brad
Read Answer Asked by bradley on October 01, 2014
Q: Hi If gold and silver do go up a lot do you think it is better to play the commodity or the miners? What are your thoughts on cef.a for the commodity or is it better to buy the physical metal?
thanks Ken
Read Answer Asked by Ken on October 01, 2014