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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: CIBT Educational Group (MBA) has been accumulated steadily by insiders and also cancelled 11% of its outstanding shares. How would you compare it to LOY and do you see a reason for buying it? Thanks for the great service, Peter
Read Answer Asked by Peter on July 15, 2014
Q: I have a good gain in Parex (PXT) so far and I was wondering what your takes on the company is going forward? It recently came out with an excellent reserve and production update and the shares jumped. Should I continue to hold it or take some profits? More importantly, is the stock still a buy today, after the reserve increase and corresponding raise in the share price? Thanks.
Read Answer Asked by Scott on July 15, 2014
Q: I few years ago I purchased Torstar TS.b for about $9.00. I have seen it fall to about $5.00 and now it is up around $8.00. I have done well on other buys most recently thanks to you. I am thinking of selling and would appreciate your comments on selling and a replacement. Great work. I hope the driver that hit you was charged.
Read Answer Asked by Danny-boy on July 15, 2014
Q: Hi Peter and Team,

How would you differentiate the holdings in an RRSP vs. TFSA account, with regards to risk, reward, etc. etc. (I have until now mirrored each as I have 20+yrs before I withdraw either and max out contributions to both).
Read Answer Asked by Keith on July 15, 2014
Q: What do you think of Sandvine's earnings (SVC)? thanks
Read Answer Asked by Michael on July 15, 2014
Q: I have been doing some private 2nd mortgage investing and even though they pay and attractive 16% annually, you are locked in for 2 year. Instead, the Life and Bank Split Corp--symbol LBS has been recommended to replace some of the more riskier 2nd mortage investments. Can you please provide and opinion?
Read Answer Asked by Bohdan on July 15, 2014
Q: When one speaks of a stock being 10% of a portfolio, should one be considering just the "equity" portion of the portfolio or should one consider one's overall investment portfolio that includes bonds and cash? Thanks.
Read Answer Asked by Aileen on July 15, 2014
Q: Peter & Co.,
Horizon North Logistics (HNL) has had to evacuate 200 workers from one of their camps because of a fire threat in Northern BC. This will no doubt impact earnings and the stock took a bit of a hit which continues its down trend.
Do you see the current price as a buying opportunity or is it better to avoid the stock until the fire issue is resolved?
With appreciation
Ed
Read Answer Asked by Ed on July 15, 2014
Q: Could you please give me your latest analysis of Facebook [FB] from your various sources, such as Bloomberg. They are reporting later this month. Do you see the stock exceeding its previous $72.59 high in the near term? Thanks much.
Read Answer Asked by Michael on July 15, 2014
Q: In regards to the interest rate sensitivity issue and the way ahead for the "Fed",could advise if the preferred shares Great West GWO.PR.R and Fortis FTS.PR.J have much upside in the next twelve months? I own both just above the $25.00 issue price. Thank you.
Read Answer Asked by Michael on July 15, 2014
Q: Blog. On July 14 question from Cam - you mentioned posted a blog on corrections in the blog section. Where is the blog section?

Dennis
Read Answer Asked by Dennis on July 15, 2014
Q: I recently did a stock screen of cheap companies based on large, well-known companies that are trading at less than 10 PE. Deere & Co (NYSE: DE) came up.

What is your view on this stock for a medium-term investor?
Read Answer Asked by Eugene on July 15, 2014
Q: Hello Peter and Ryan,
I have rebalanced my growth portfolio and also have new money to invest in 4 to 5 positions for the long term.
In the 5i 20 growth portfolio I have 16 of the stocks except the following 4 stocks CSS, FSV, G and MG. At present valuations is it still advisable to add these stocks or would you suggest other stocks.
Thank for providing such great insight, Ronald
Read Answer Asked by Ronald on July 15, 2014
Q: Hello Peter and Team,

At the end of this year, I'll have to convert my RRSP to a RRIF. Since my spouse is younger than me, I understand that I can use her age to determine the withdrawal rate, which I hope is correct. Since I won't need all of this extra cash, I read that one can make an in-kind transfer to an unregistered account, while paying taxes on the amount transferred, of course (!) Our TFSA's are maxed out, so these surplus funds can't go there. Is this a good strategy? If so, how can I determine which stocks (mainly from your model portfolios (thank you, thank you, thank you!) to transfer to an unregistered account? Alternatively, if there's an article describing this strategy in the Canadian Money Saver, I'd appreciate learning the issue(s) to look at. I attempted a search on the CMS website, but couldn't find exactly what I'm looking for.

As usual, I really appreciate your truly valuable service and timely advice.
Read Answer Asked by Jerry on July 15, 2014
Q: goodday, iwould like to buy PPY,and AVO on margin as they look like a couple of very nice companies to own.looking for growth in the next 6m to a year.good/bad idea? tkx pat
Read Answer Asked by patrick on July 15, 2014
Q: Hi Peter and staff: I currently hold PPY , AVO and SYZ (4% each). would you add additional shares at current prices or wait for a fall back and then buy?
Read Answer Asked by John on July 15, 2014
Q: Hello Peter & Co,
Yamana Gold has lagged Goldcorp (5i equity) and the XGD basket partly because of its venture with Osisko; I'm thinking of buying it (for one seasonal cycle) purely on a valuation basis.
I'm not confortable enough with gold to make it a long term holding.
Your comments?
Thanks
Tony
Read Answer Asked by Antoine on July 15, 2014
Q: PMO005....Pimco Monthly Income... I had this transferred in from my wife's "fired" advisor account. Is it worth keeping? and,if not, could you suggest an ETF. Very hard to find any info on this product. Thank You Ron
Read Answer Asked by Ronald on July 15, 2014