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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: You are probably going to be bombarded with questions re ECN in the next few days. Here is mine. According to the information circular , of the $7.50 payout, $4.15 is a return of capital and $3.35 a special dividend. In my non-registered account, if I paid $3.00 per share does that translate that my cost per share is zero?
Thanks
Read Answer Asked by Patricia on November 15, 2021
Q: Hi,

Follow up to Earls question (Thanks Earl), but for a non-registered account.

If I buy ECN now at $11. Once I get the $7.50 dividend, say the stock drops by $7.50. Wouldn't it result in a capital loss of $7.50 a share (if I sell it) that I can offset against capital gains? Sounds like it would be smart thing to do. Is this correct or am I missing something?

Thanks
Read Answer Asked by Marco on November 15, 2021
Q: Could you please rank these stocks based on a 5+ year holding for a US Growth account? Thanks!

UPST, TOST, SNOW, QS, PLTR, PATH, OKTA, MQ, MELI, GLBE, DLO, ADYEY

What would be your top 3 choices right now?
Read Answer Asked by Kel on November 15, 2021
Q: Good afternoon!
This is one of Dorr Capital's funds that invest in mortgages (assumedly higher risk), and are speculating (pun intended!) a return of 7.5% annually, with distributions monthly.
The management fee is 1.25% (Series "A") or .85% (Series "F"). There is a cost to redeem on 30 days notice of 2% if in 1 year or 1% if in the second year.
I don't think this is much of a good idea, but was wondering:
1) Your thoughts on this specific investment?
2) Would there be any equities you could steer me towards that do this type of investment but without the management fees or the slow redemptions?
Thanks!
PaulK
Read Answer Asked by Paul on November 15, 2021
Q: I'm thinking of investing in an ETF of Canadian Banks, more for the dividends than the appreciation of share price. I was thinking of holding for a long term, say 5 - 10 yrs. It seems the Banks are more dependent on revenues from investments than the old traditional loans and other lending products. Recently it seems the banks (at least some of them ) have fallen out of favour with the Oil industry and interest rate hikes could place a lot of their mortgages in peril. So how do you feel banks will do over the next 5 - 10 yrs in terms of dividend payments (increases) and their share price?
Read Answer Asked by Phil on November 15, 2021
Q: I currently own ECN in a TSFA. If part of the special dividend will be ROC ,it appears that will not be a positive result for me, and the loss in stock value after the dividend is paid will possibly take years to recover. Would I just be better off selling today and foregoing the dividend? Thoughts?
Philip
Read Answer Asked by Philip on November 15, 2021
Q: Hi team
My question is about the results of bmo in the last quarter. They show earnings of $ 3.41, how much of that is a reversal of provisions on bad debt?, If they target 40-50 % of earnings to the dividend, the increase would be rather large, depending how much they put towards buybacks, something that I never liked.

Thanks

Read Answer Asked by auftar on November 13, 2021