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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: Good morning 5i team. I bought Enbridge (ENB) and TransCanada (TRP)during their recent price dips in June. Realize it's only been a couple of months; however, both seem to be languishing, with ENB down some more. Is this due to the ongoing uncertainty surrounding projects like Gateway, Keystone, etc., ongoing concerns about income stocks, or maybe both? Are thet both still decent long-term holds? Thanks.
Read Answer Asked by Thomas on August 26, 2013
Q: My question is why does the CRA not allow subscription to investment newsletters to be charged against investment earnings. I noticed from last years income tax statement of mine which was prepared by an accountant that I was allowed to claim as an expense my accountant fees (as I had investment income) and the fees paid to my financial advisor for this advice. I use the term "advice" very loosely. Both were substantial with the latter being as you would expect very substantial.
We should petition the CRA, or better still Jim Flaherty directly, for the income tax act to allow investment advice deductions from sources other than the big banks and investment houses. Given that more and more Defined Benefits pension plans are being converted to Defined Contribution pension plans it means that more Canadians will have to make their own investment decision. This will be a field day for investment advisors and the banks that they work for.

5iResearch and maybe Benj Gallander's Contarian Investor's are two of the independent investment advisor services out there that would no doubt benefit if their subscription could be allowed as a legit deduction.

Derek
Read Answer Asked by Derek on August 26, 2013
Q: As a value investor, I would appreciate your opinion regarding which 3 companies in you 'Model Portfolio" represent the best values at the present time.

Thanks again for your appreciated service.
Read Answer Asked by Les on August 26, 2013
Q: Gold seems to have an established uptrend and so have the equities.

What do you think about the investing in Gold Royalty Companies at this point such as Franco Nevada (FNV) or Sandstorm Gold (SSL)?
Read Answer Asked by Eugene on August 26, 2013
Q: OZM "Och-Ziff Capital Management Group" has an unusual high dividend payout. What do you think of the company and do you think the dividend is sustainable.

Thanks
Read Answer Asked by Saad on August 26, 2013
Q: Hi 5i, my question is regarding Tamerlane (TAM). it has filed for bankruptcy. when the company restructures does the current shareholder get completely wiped out ? i would also like to know your opinion on what other options could emerge for shareholders in this situation. thanx norm
Read Answer Asked by NORM on August 26, 2013
Q: Hello,

The last time you commented on ARW was a year ago. Can I have your opinion now.

Thanks
Read Answer Asked by Irshad on August 25, 2013
Q: Hello 5i, could you comment on Armtec ARF as to there last quarter and the company itself.Thanks
Read Answer Asked by Michael on August 25, 2013
Q: Hello 5i, I think Inter Pipe IPL.un is converting to a dividend paying corp from a trust unit. Could you explain the options on conversions as I think there is a limited time frame to make your choice as a shareholder as to taking a capital gain or not.
But in both cases you will still hold the same amount of shares.
Thanks
Read Answer Asked by Michael on August 25, 2013
Q: Can you please place these Reits in the order that you would buy in today's market ? D.un , Ax.un , Cuf.un
Fcr , Cwt.un , Hr.un , Reid.un. Ap.un . I own all these and they represent 18% of my portfolio , I'am retired and need the cash flow . If I sell some of these names and buy the ones that pay a higher yield I would increase my cash flow , in your opinion is this taking on more risk , same capital but less names ? Finally if we get a housing correction in Canada , will that cause another leg down for this sector ?
Thanks
Read Answer Asked by Manuel on August 25, 2013
Q: now that gold and gold jrs.(some of them)seem to be heading in the right direction, your pick TMM as a well managed jr. is looking like my pick soon. the fundamentals show the roe at 28%. kinda makes this one look like a lock.your valued updated opinion decides if i jump in tkx pat.
Read Answer Asked by patrick on August 24, 2013
Q: Hi Peter and the 5i Team: My RRSP portfolio is beginning to somewhat resemble your model portfolio. THANK YOU! (There are still several "dividend payers" like EIF as well as some dividend paying ETF's like CEW and CAB remaining in the portfolio). I will need to roll over my RRSP into a RRIF by the end of 2014, and would like to use the dividends (for the most part) for the compulsory withdrawals. Are there any tips that you can suggest in terms of the most efficient way(s) to structure the RRIF? Your advice and recommendations are always valued.
Read Answer Asked by Jerry on August 24, 2013
Q: Could you please give me information on aif thank you
Read Answer Asked by Jack on August 24, 2013
Q: "It is better to teach a man how to catch fish than to give him one"...
In this train of thought, I was thinking about this question from a long time ago coming from a teacher in BC about recommending financial books. Over the years I read about 50 or 60 books on investing, finance and personal financial wealth. One book will remain because it is at the beginning of all things within the capitalistic system: "The web of debt" by Ellen Hodgson.
But there is more and today more and more courses about finance are available for free on the internet: Let me give you two sites that I have used: COURSERA and KHAN ACADEMY (6 million users, 4500 new videos on line each MONTH).
And finally for the french speaking out there (any?) the French version of some of the Khan courses will be available on the internet site of Bibliothèque sans frontières starting with mathematics as of september 4th.
As usual,if you think it is worth to publish, please do so.
CDJ
Read Answer Asked by claude on August 24, 2013
Q: Hi, My question is about Gibson Energy,technicly speaking, looking at a 1 yr chart, it has completed a head and shoulders pattern and is continuing to decline. Fundamentaly, it had an OK 1/4, and seems to have a promising future, but I am now down about 10%. Should I hold and persevere,sell, and try to buy back cheaper over the next couple months, sell and add to my ALA,PPL, and CXS on further pull backs. Thanks for your help.
Read Answer Asked by Greg on August 24, 2013