Investment Q&A

Q: I have a family RESP with: $37K BYD.un; $44K CSU; $7K FSZ; $18K RY; and $82K cash. Two of the 3 beneficiaries are in their first year of a 4 yr program, and the third beneficiary won't be out of high school until June 2019.
I'll likely be taking out about $30K per year of EAP for both currently eligible kids. My plan is to keep the contributions and take as much earnings and grant out for the first two kids as I'm not sure what's going to happen with the last child.
About $100K is due to contributions (untouched).
I think BYD and CSU are definite keepers. I believe you still have faith in FSZ (but in the last 18 months I've held it there's been an overall 2% loss). I'm not sure what to do with RY and the cash balance.
I'd love to hear your suggestions!

Q: What is your opinion of HEP for exposure to gold. Do they really pay over 10% dividend and can they maintain it? I have 1% allocation and planning to add to it.
Thanks

Q: While forecasts of future revenue, hardware sales and software success remain soft, has the time come to put some faith in the CEO who has mostly delivered or overdelivered progress thru 4 or 5 quarters now, has got costs under control and distribution deals with major partners in place and says he is looking for acquisitions? FFH recently purchased indirectly another 45,000 shares which they would hardly do if they doubted his most recent forecast. Is it a buy to hold for at least 2 years?

Q: Hi! Today (March 31) you commented on a question that you do not like stop loss orders as one can get burned...as did today's questioner...how do you recommend one protects against a big loss? Just regular checking the markets?

David

Q: Hi Peter /group I am still looking for some more us exposure (growth) I am wondering if you could comment on FLEX going fwd. Do you have any US names in the Consumer Discretionary + tech sector that you could recommend also Thanks

Q: What’s your opinion of APO.V? Yahoo Finance shows $0.22 EPS next year (Feb 2016), so it's looking very inexpensive to me.

Q: Is the recent weakness in Gilead stock price a stock specific problem or sector retreat? Should I sell, hold or buy more? your opinion is greatly appreciated. Thank you. Bill

Q: amaya has announced that it has applied for nasdaq listing. Considering that they are under investigation, i would think that nasdaq will wait until the result before they can accept to list it.
is this a correct assumption?

Q: Is there some unusual trading/manipulation taking place with Amaya's stock? AYA on the TSX was set to close at $31.00 but then there was a sudden jump to $29.70 (ending 1.69% down for the day).

On the other hand, Amaya's stock trading on the US OTC markets (AMYGF) ended the day 4.02% up. That's quite a large gap between the two markets.

Anything to be concerned about?

Q: Your views on why the stock behaved as it did, given the earnings report. thanks

Q: Peter et al.

What do you make of the latest earnings release and its future prospects with the latest hedging that it has performed? It is still in the penalty box because of the delay with Stella but next year this should turn around.

Regards,

Brendan

Q: Hello,

With the latest updates to the Balanced Equity Portfolio, of the holdings, could you please recommend 5 to 7 companies which you'd put into a TFSA before the others?
I'm a fairly young investor, with a very long time horizon (30+ years), and the TFSA represents approx. 40% of my total investment portfolio currently. I generally have a similar mix of diversification as the model portfolio across all accounts. I assume you'd be comfortable with any of the companies over this time horizon, but would any be 'better' than others for exploiting the tax advantages (with the understanding that losses can/will happen in any account)? Thank you.

Q: Hello Peter & Co,
I thank you for opening new (portfolio) horizons for us; I'm trying to digest all the info you supplied us.
Could you please explain the rationale for removing FSV from the balanced portfolio (in view of the split) with the view of adding back one of the two parts at a later date?
Since it seems that you have added CXI in both the balanced and growth portfolios, could you explain why?
By the way, my approach in developing my one and only (RRIF) portfolio is to incorporate into it a selection of holdings from all your three portfolios. Different strokes for different folks, I presume.
Thanks, as always
Antoine

Q: Hi Peter and Company,

I own Photon and I can't find any brokerages that cover them. Do you if there are any? And Photon just released 4th quarter and full year earnings and I'm wondering what the expectations were. Finally, if you could give me your thoughts on their earnings release, I would really appreciate it.

Thanks,

Michael

Q: Hi Peter:
I have a Bell Canada coupon bond earning 9.25% maturing in 2032 currently worth 45 k sitting in a LIRA account. I am thinking of selling it and buying all or half of what's in your new Growth Portfolio. My question is would you suggest buying all 22 investments with the 45 k or say 10?
Any guidance on what those 10 should be?
Thanks for all the great advice.
Greg.

Q: I want to buy according to growth portfolio,to creat funds what do I sell from all this loosers,cf,cls,crh,tdg,dml,sgy,abm,bld,qst,tmm,mnd?>

Q: Two quick question on the balanced equity portfolio:

1 - I think you use to own Valeant and sold it last year. With no exposure to healthcare and the sector doing very well over the past year, why haven't you added exposure in this area?

2 - I'm surprised that you removed HCG! I also own it and have noticed its poor performance recently. It seems to be diverging from the other Cdn banks, but with a 20% ROE, a growing dividend and low payout ratio, its hard to get rid of it.

Thanks,
Jason

Q: Hi Peter and team, I've read the changes you've made in the Balanced Equity Portfolio (formerly known as Model Portfolio). HCG was removed.....does this mean you are suggesting it is a sell? And, are we to assume you're not going to cover it anymore?

Thank you!

Q: Just a comment,I have been studying your growth portfolio for 3 hours and it is just fantastic-the weightings, the picks diversification etc.best thing about i already own 11 of the stocks in it and have owned them for many months. My portfolio is 85 per cent aggressive growth, I can manage the risk.
I especially like that you added Cxi to the growth and to the equity balanced, this has been a large holding of mine for 18 months.
Despite your comments, I really feel that some of the stocks in the growth could have substantial upside as your membership buys in.it is bit of a momentum trade but also great companies.thanks again dave

Q: What do you think of the latest earnings report? Seems good to me. I don't understand why the stock is falling.