Q: MCY: This appears to be nearing an all-time high.
Should that concern me and would you buy here or do you have other ideas.
Also, what is you opinion of banks and financials at this time.
Q: I was way overweight tech and now have some cash to play with.
Looking to grind out some profits while waiting.
Would like your opinion specifically on these two, but would also like any other ideas or trends you see right now.
Q: I recently yielded to Bitcoin craze and bought GBTC ETF as a hedge. However, I noticed that, on bad days, GBTC is dropping faster than bitcoin and, at the moment, it trades at significant discount to NAV. I can explain this by the lack of redemption program. However, my main concern here whether the amount of BTC per share is fixed (according to Greyscale website it is 0.00094690) or can be freely manipulated by the fund? What concerns me is the footnote that this is the rate as of March 3. I checked the prospectus and don't see anything there about BTC/share ratio. Basically, if the fund can reduce BTC/share at will, the investment value here is quite questionable. Do you have any information/thoughts on this?
Q: Are there any bitcoin ETFs eligible for purchase in a Canadian RSP? If so, please provide ticker symbols of applicable ETFs available to a Canadian investor, and which one(s) you might recommend to someone who desires a small bitcoin exposure (1% portfolio weighting). (Both US$ and CA$ RSP accounts are available.)
Ted
Q: Hi 5i,
How does a person puchase actual Bitcoin, not an ETF, (e.g. is there any bank that does this?) and do you know what the typical fees are likely to be? What are the risks apart from volatility of Bitcoin?
Thank you.
Q: The CBC has an article today ( https://www.cbc.ca/news/business/instalment-loans-payday-lenders-criticism-1.5936331 ) about the high fees being charged for high risk loans. Reading between the lines, there appears to be some speculation that the government will make changes in the next budget to drop the allowable interest rates being charged. Given this possible development, what is your view about the risk to GSY?
Thank you for your excellent advice and this wonderful service!
Q: This company has come up on a couple of screeners that I have been running and I was wondering if you have any familiarity with it. I was surprised to see an $800 million dollar market cap. It strikes me as a possible candidate for a buyout from a company looking to expand their operations into the regions where SFC operates. In the meantime you would be able to collect a decent dividend. If you could weigh in regarding dividend safety I would appreciate it,
Thanks!
Q: Wondering when Fiera reports, and what their payout ratio is. They seem locked in a narrow range? Are there concerns looking forward for Fiera and their high dividend
Q: which bank would most benefit and is most sensitive from an increase in their net interest margin for that bank, with rising rates for the next several quarters?
Q: Hi 5i
Current holder of LB...They just reported earnings today and I see stock price is up.
How did their results stack up compared to other banks and does this improve your opinion of them?
What does there future look like moving forward? That is, would you expect them to continue to move more or less in lock step with the sector?
Q: I am currently underweight in bank stocks... about 8 percent of my equity portfolio. I'd like to increase them... to what % do you recommend? I currently own RY, TD and SLF. Would you just add to these to bring them up to the new weighting or would you add other banks and if so what?