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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: Peter what's your view on the Canadian banks - many articles recently on the risks facing the banks - housing bubble, debt levels etc - so far at least, the banks don't appear to have gotten the message that they should be going down - what are your thoughts in general - thanks in advance for your feedback.
Read Answer Asked by Bruce on April 29, 2013
Q: Re: ECI
Hi Peter. Do you know anything about Ford Equity Research? They came out this morning with a Strong Sell on Enercare. It's very rare that anyone puts out such a negative recommendation on a stock so I am wondering if this is a credible institution. I own ECI and see no reason not to continue. Thank you and kind regards.

Read Answer Asked by Geoffrey on April 29, 2013
Q: In a recent reply, you mentioned that our Oil & Gas holdings, were too high, at 16% of our total investments. One of these is Baytex, which I bought in both my TFSA and our Joint account for its dividend and growth. It has been a great disappointment with an 11.5% loss to date. Is the dividend safe? Should I hold it for eventual recovery? Or should I sell? We also have CPG which is similarly down, plus HSE, CVE and KEY. Thoughts?
Read Answer Asked by Edward on April 29, 2013
Q: Hello - Do you have an opinion on the ishares S&P U.S. Preferred share ETF (PFF)? I am interested in acquiring a small position for my RSP. It has a current yield of 5.7% but is also heavily weighted in U.S. diversified financials and banks. Comments are appreciated. Joe
Read Answer Asked by Joseph on April 29, 2013
Q: Peter; No complaints but have you seen any news on MDF to account for the jump today and it's usual low volume .? Thanks.Rod
Read Answer Asked by Rodney on April 29, 2013
Q: I have been following a trust company srv.un sir royalty trust would appreciate your thoughts thanks
Read Answer Asked by BARRY on April 29, 2013
Q: have quite a large amount of vip.un in my riff account for years. should I keep it?
Read Answer Asked by harry on April 29, 2013
Q: Hi guys,

Your service is unbeatable! I appreciate your insight and perspective on investing. I was a Peak Oil / resource guy when I first started investing 7 years ago and never thought my portfolio would be taking turns it has in the last 2 years. I have 500 PEY shares between my RRSP and TSFA and it's had a good run and I'm thinking about selling it. I like PEY, but think value it's a tad high. What do you think about flipping PEY 2 other companies, 1 in my TSFA and 1 in my RRSP?

In my RRSP I'm thinking about starting a position in HCG or SAP or...? In myTSFA I'm thinking about starting starting a position in Telus or...?

I currently own RY, TD, BNS, CN, IPL.UN, AD, AP.UN, COS, AX.UN, BNP, BEP, BIP, PEY, CSU, EIF, THI, KMP and CFN all about equal weight and a few others smaller ones that I hope to clean up over the year.

Thank you!

Brent
Read Answer Asked by Brent on April 29, 2013
Q: Hello 5I Team: May I have your comment on CS purchasing BHP Billiton Pinto Valley copper mine. Is it a good acquisition for CS ?. Thanks - Loni
Read Answer Asked by Loni on April 29, 2013
Q: can you give me your opinion on cxs, counsel corp.; thank you.
Read Answer Asked by Rose on April 29, 2013
Q: Thank you for your response to my proposed summer switch: That being said, there is a chance that the US market will continue to outperform Canada, so that would be the main consideration in this switch. Also, switching now and re-balancing in six months does sound a bit like timing the market and the Canadian-US differences, which generally is ill-advised.You will be shifting towards interest-rate sensitive names also."

My motivation has four components:
1) to cut back on my daily trading, for the summer;
2) a view that the US president is committed to hurting the fossil fuel business, without regard to economic cost;
3) my expectation that Congress and the President will remain at loggerheads up to the 2015 congressional elections, leaving a leaderless Western World and related poor recovery of Western economies, including Canada's - big time; and
4) my hope that there will be a major boom as Aapl, Goog, Mcsft in time for a yesr-end spurt in consumer spending on Technology toys.

Given this background, maybe I should forget about my re-balancing to Canadian names and just hunker down for a lac lustre year on the SP500? Any comments?
Read Answer Asked by Maurice on April 29, 2013
Q: I see that David Rosenberg is starting to see signs that inflation will start to come alive in the coming months. If we subscribe to this opinion, can you think of a few of your A and B rated stocks that would be worth accumulating to prepare for such an eventuality. Thanks; love your service.
Read Answer Asked by Dave on April 28, 2013