Investment Q&A

Q: So here is an interesting one for you. Recent (early) retiree at age 55. Let's assume I have 2 bond funds - one domiciled offshore and set up as a Trust, and the other a traditional mutual fund domiciled in Canada. Assume both have a similar return and distribution profile, as well as holdings. The offshore one only pays nominal monthly distributions, meaning they essentially go towards increasing one's adjusted cost base ("ACB"). It is not an actual cash distribution. This is good in the sense that, in theory, this reduces your capital gains when one sells. The other one pays the same monthly distribution, but it is cash, and not just nominal. As a retiree looking for cash yield, am I being short-sighted in wanting to stick with the fund that pays the monthly cash distribution, or is there something besides what is noted here that I should be more focused on with the fund that pays the nominal distribution? At this stage, all other things being equal, I am inclined to sell the offshore one and just own the one fund that is domiciled in Canada and take the monthly cash income.

And sorry about the long question. I really did try to keep this short :)

Q: Thinking of adding one of these to my TFSA. Which offers more growth and what would be a fair entry price?
Thank you for your steady support through these trying times.
Donna

Q: Let's say there's a recession brewing later in 2023 and it's time to beef up our defense. I have positions in L, PBH and ATD (not sure if it counts on D) What Canadian companies do you consider the best on D, any sector? Thanks. Al

Q: I don't think I asked my question correctly. Am I buying IYW too high at $108, and does it have room to go up still? Why?

Q: Re : Special dividend.
A 25 % withholding tax is indicated. Would this still apply if the shares are held in a TFSA?
Thank you,
Philip

Q: Many experts say that no REIT's are necessary in a diversified if you own a home. Do you agree? How do you personally view this situation? Very curious. Thanks Ron

Q: Late starting a RESP. First annual withdrawal will be August, 2028. Deposits to the RESP will come from an initial funding and annual contributions thereafter. Please suggest appropriate investments in the scenario. Thank you

Q: Hi Peter,

As a subscriber of the service since 2017 (despite being urged to join at least 2 to 3 years earlier) I am very grateful for the information and education that 5i has provided to me. I have used the balanced portfolio for my road map and couldn't be happier. I was wondering if you would't mind humoring me, and sharing what you view to be the three best selections you have made in that portfolio, the three worst, and the three you wish you had made, dating back to the inception in 2013. A small explantion why would be appreciated. This being Friday, that should give you the weekend to reminisce. Take care and have a great weekend to all of the staff at 5i.

Q: I am not sure you follow Gentex Corporation. Can you provide any insight in this company?

Thanks
Tim

Q: Hello Peter & Team:
How do u compare the income and growth for the above mentioned Co, as we come across the FSZ 8.25% ,3 yr. term offer recently. Fsz.to offers 13% dividend, and the others name above were over7%. How would u rank them from the most prefer to least prefer if i have to placed $50k - 100k into it with a 3- 5 yrs. time horizon. Thank you,

Q: Hi 5i,
can you help suggest some US and CDN, ETF's and Mutual funds that are worth doing further research on if one might be interested in investing a small portion in the distressed debt sector. Thanks

Q: I am looking at adding exposure to Renewables. I know you like Brookfield Renewable at current pricing, do you also like Northland Power at current prices. Is there another name you like in this space?

Thanks
Tim

Q: Hello,

With the recent drop in share prices for these two companies, would you consider adding to existing positions or selling and moving on?

Thank you.

Q: Peter; The Alberta government is investigating WCP re info on well releases? Thanks
Rod

Q: Any reason why BIP.UN's unit price today took such a big dip?

I noticed three fairly large trades, two today (311.4K at 9:30am and 133.6K at 3:30pm) and also one yesterday before closing (84.5k at 3:30pm). Some major holder(s) decided to exit, or what's the story? Today's total volume at 1.25million shares is also well over the daily average of 250K.

Know anything that happened? Thanks.

Q: HI,
I need to raise some cash from my registered accounts in the next few weeks. What is your recommended sell order for these stocks?
Also, what are your top 3 Canadian and US recommended buys for a longterm hold?
Thank you.

Q: Hello all at 5i:
There have been no questions on this ETF for over a year and asking your thoughts for young folks just starting with investments. Thank you as always. Barbara

Q: Hi everyone!!

What are your thoughts on QQQJ ?I have it in my portfolio and am experiencing a small loss. Does it have the potential for future growth or would I be better off unloading it??

Cheers,

Tamara

Q: Trying to decide between Topicus and Lumine for a long-term growth portfolio here.
I am digging into both, and finding that Lumine gets around a third of revenue from an acquisition they made called Wideorbit. Wideorbit gets almost all of its revenue from ad selling into radio stations, local TV and National TV networks.
I guess I am worried about how this business model can work long term (my teenagers never watch traditional TV or listen to radio, and cord cutting is quite prevalent apparently). Does this high percentage of revenue worry you in terms of Lumine going forward? Thanks

Q: Is the complexity of the Brookfield group of companies (if you see their organizational chart from and SEC prospectus) troublesome? or is this typical for companies nowadays. My concern is I remember the complexity and inter-twining of the previous Hees-Edper companies which spawned Brookfield. Are there any red flags?