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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: I have a balanced position of financials in my portfolio. The banks have had a great run in the last number of years and many are now reaching higher P/E ratios, some at 15.

I continue to like banks but also feel that I should trim some of my position. What would be your view, is there a compelling reason to stay put and hold or would you trim?

Thanks
Tim
Read Answer Asked by Timothy on April 24, 2026
Q: Morgan Stanley has come out with a new bitcoin ETF with a low expense ratio of 0.14%. If I am bullish on bitcoin, would this be an ideal bitcoin ETF?
Read Answer Asked by Kyle on April 22, 2026
Q: Hi 5i
With respect to Johns question today on pe numbers. Where do you find these numbers?
My brokerage on TD show RY's PE at 16.54 and BM's PE at 17.
Wondering why the big difference?

Having read your response to johns question I understand at higher PE they are trading at a little pricey share price.
At these levels it seems prudent to lighten holdings?
However do you have any insight into who is majority buyers at these levels, is it institutional buyers or mainstreet action?
thx
Read Answer Asked by jim on April 20, 2026
Q: I hold a fairly large holding in 4 Brookfield entities and am looking at selling Bam to add more to my Bip.un in order to adjust my holdings. Would you favor this move for a 3 to 5 year hold and what might your reasoning be for and against? Thanx.
Read Answer Asked by Steve on April 17, 2026
Q: I hold POW in my $CDN account. Long term performance has been lacklustre.
A recent report informs me that over 80% of POW's net asset value is in GWO and IGM. Seems POW's European holdings are the main cause of performance issues. Considering selling POW and putting proceeds directly into GWO and IGM. Your opinion and forward-looking comments on this idea please.

Cheers,
IslandJohn
Read Answer Asked by John on April 17, 2026
Q: You mentioned that investors should consider trimming banks when they push beyond 15X forward earnings. Where do each of the banks trade, ie multiple., at this time?
Read Answer Asked by John on April 17, 2026