Investment Q&A

Q: Hi, We are applying to buy some Constellation Series 1 Debentures through rights, with a payment of $133.217, for family members. Where would it make most sense to hold these debentures - RRSP/RRIF, TFSA or a Non Regd Taxable account. ( Most of us being in higher Tax bracket of 40-54% Marginal tax rate ). considering the following:

1. These debentures will likely yield anywhere between 5-10% ( on a cost base of $133 ), by way of Interest income, for 17 years ( assuming we will be able to swap with warrants, if called before redemption)

2. We will incur a Capital Loss of $33 as at March 31, 2040. ( $100 Principal to be received at maturity)

3. If held in Tax sheltered accounts, would it make sense to move them to a Non-Regd Taxable account, let's say 5 years before maturity date, when the M/V of these debentures will likely start declining. So, we could use the Capital Loss in Taxable accounts.

Thank You

Q: Hi, I own Parex, Gear, Trican, Pason, Advantage and Prairiesky in small percentages for this sector . Collectively, I am about breakeven. I would like to consolidate into two or three holdings. Of these, what would be your preference? Overall total return is the objective.
I have also seen Terravest mentioned as a favourite compounder in the same sector in the Q&A, Is this a new entity or did they do a recent name change from a former company. Is this a more preferred name vs the others mentioned?

Cheers,
Steve

Q: Only 2 questions on ARR in archives and both old. Can you give a quick review on how investible this small renewables royalty company is after 2 years of operation? What alternatives would you suggest if you feel there are better opportunities (either other renewable royalty companies or individual companies such as BEPC)? Thanks for all you do, John

Q: Hello, which would you sell between lspd, engh, sis and sangoma to buy some lumina shares for more growth long term ? The transactions would be in a RRSP. Thanks

Q: Hi team, RBOT

I have been holding this robotics and AI etf for several years and noted that it somehow managed to completely bypass the rallies in both. Any comments here and guidance of future steps?
Thanks.

Q: What are your thoughts on this stock?

Q: I know this is a small cap but I took a shot and now regret it. Do you see any signs of hope for this one? They recently spun off a part of the company. Is there any enhanced value in the move or is it price neutral?

Q: What are your thoughts on private credit lending? I am considering opening an accountant at wealth simple and the advisor said it's better returns (they shoot for 9%) with less risk. Being as it's interest income I would have this in a TFSA or RRSP likely. Is this a good addition to an otherwise balanced portfolio?

Q: what is the latest news about the spin out of common shares of fan duel to flutter shareholders. thanks Richard

Q: I'm down on all three of these stocks in my TFSA. Do you see any upside to these companies, or should I bail on them?

thank you

Q: Are dividends paid by Canadian based REITS tax efficient? Or it is depending on a specific REIT ?
Thanks.

Q: Hi, I was wondering if I can get your opinion on these stocks I'm holding losses on ATZ down 50%, ENPH down 25%, CROX down 25% and GSY down 20%.
I did tax loss selling last year in late December which bit me hard when the stocks took off in January with me sitting on the sidelines. Should I consider selling any of these now with the intention of buying back in 30 days and harvesting the tax loss? If so which would you suggest selling and which would you buy back? Short of that would you suggest averaging down on any of these instead? Thanks in advance! Take as many credits as you wish.

Q: Hello, what are the reasons that constellation made 2 spinoff (topicus and lumine) in the past years ? Why did they not keep everything under one roof and continue to grow constellation instead and follow the same path like Berkshire Hathaway that never did a spinoff.

Q: what are 3 key metrics used by 5i to value FTNT and how do these latest 3 key metrics compare to FTNTs 5 year averages? what would be a good entry point for FTNT thanks Richard

Q: Hi 5i Team,

I am trying to understand how RETURN of Capital works on ETF.

Eg: Buy 1000 shares at 14 = 14000 and get 8% dividend.
Sell 1000 shares after a year at 15 = 15000. So Total return is 15% return on my investment. (8% dividend plus 1K capital gain = 7%)

Please advise if the above calculation is correct or is it the original investment minus 8% dividend.

Thanks for the great service

Q: Of the two, in your opinion, which is a better prospect? I currently hold both but don't see the need to have two companies.
Thanks

Q: May we please have your updated analysis on this company's future prospects in terms of runway for growth. Any concerns about the balance sheet? Would you continue to hold? Thank you.

Q: I note today that two analysts show FTS as a sell. Would like your opinion on how this might be justified, and your thoughts on the stock. I consider it a core dividend payer in my holdings.

Q: Hi 5i team,

Among the 3 stocks, which one would you consider to start a position at current price level for 5 years+ holding?

thanks,

Q: Hi 5i
What to do with this one?...Stock is now at 0.45 .....
I have read your previous answers regarding this question , that it is better to simply move on... is this advice still valid? Will it have to undergo a reverse split to stay listed?


On the same note, TD Web broker indicates this stock is followed by 6 analysts ....all rate it as a buy with avg PT of around $3.40..... How is this possible and could you please comment on how these targets could actually be justified from an analysts perspective....any speculation on how they arrive at these numbers? I find the ratings quite puzzling.

thx