Q: My weighting in the financial sector is 12% and I am wondering if it is time to increase it to 15%. I already own BNS,RY and SLF. I was wondering if ECN and FCR would be good choices to add to the mix or if you have any better suggestions.
Q: Following on your reply for alternative lenders, i would caution buying Home Capital for the reason suggested. I am a real estate lawyer and my broker contacts tell me Home Capital is doing very little new lending to residential homeowners who can't meet the Canadian bank standards.
Q: WITH NEW QUALIFYING MORTGAGE RULES, I BELIEVE CONSUMERS WILL BE LOOKING FOR ALTERNATIVES OTHER THAN CANADIAN BANKS ARE THERE ANY STOCKS THAT MIGHT BENEFIT BY THIS CIRCUMSTANCE IF SO, WHAT MIGHT YOU RECOMMEND THANKS
Q: Greetings
I received shares in PJT Partners as a spin off from Blackstone Group. Unlike everything else I own it's more than doubled since. What's your view of this company and it's prospects going forward?
Many thanks
Tim
Q: Between American Express AXP and Discover Financial DFS, which one would you buy (IF not both)? I am interested in value with some dividend growth. I have a half position in DFS. Is it worth selling DFS to buy AXP? I look for companies with manageable debt, decent free cash flow, good ROE and reasonable PEG
Q: What's wrong with GS? Metrics look good and the dispute with former owners has been resolved, yet stock does nothing but decline for the past 3 yrs.
Q: I've been coasting along with Manulife for a little over a year and am thinking about bailing. Other than higher interest rates (which haven't helped so far), do you see any catalyst in the next year that should move the stock higher? What other financial would you replace it with if you were to sell (the only Canadian bank I currently own is TD for 2.6% of portfolio).
Q: Would you comment on ICE on the NYSE, please. It has performed nicely since 2015 and wondered if their earnings, etc. bode well for the future. -- i.e., justify continue to hold in this market? Although it's been a "bit rocky'", it certainly hasn't suffered inordinately. (Is there a better Canadian alternative?)
I am wondering which sectors are good for "parking" money at this time (that is, to avoid the crazy volatility of tech, for someone who is always heavily weighted in tech). Is gold a good alternative?
Please feel free to deduct points as appropriate, since this is a two-pronged question.
Q: Any thoughts on the recent sell off. I used the volitility to to take a half position today. Would you recommend filling a full position at these levels? Thanks
Q: About to sell this real loser, however I do respect & appreciate your opinion. Have owned it for nearly 3 yrs & while rising slightly at one point during a momentary pop-up in Jan-Feb of this year, it has now dropped 25%. Before dumping, I thought you might have a contrarian position as its book V is nearly $8.50. Thank you.
Q: 11:56 AM 4/3/2018
I own RY, CM, BNS, and some TD, and they comprise nearly 20% of my income-oriented portfolio. It is often suggested that I should own shares in one or more insurance companies, but I think the big banks are already in the insurance business so I believe I am already am invested in the insurance sector.
Would you think I need to buy some SLF?
Could you please give me an estimate of what proportion is in insurance business in each of the big banks.
Thank you............. Paul K
Q: I searched your data-base for TRV and got comments on Trevali mining; Hmm!
Travellers seems to be a great performer based on its price history and dividend increases. What is the 5i opinion.
Greg
Q: I am doing a bit of spring clean up on my portfolio. My question relates to insurance companies. I have a 3/4 position in Sun Life and 1/2 positions in Manulife and Power Financial. Manulife was purchased for its Asian exposure and Power Financial for its European exposure and its dividend. What insurer would you eliminate and is there a reason to keep more than one Canadian insurer?
Q: I seem to have gotten overweight financials in my US portfolio. i currently own JPM, VISA, Etrade, Paychex. I do prefer to hold a basket in each sector as i don't like single company risk. What would recommend, trim each or could you list these in preference order of best to own. I like them all for different reasons so i am struggling to make a decision here.
Q: Fiera is paying the quarterly dividend on May 2nd. If they were on schedule, this would have been paid on March 15th. Just wondering if the gap in time is included in the May 2nd payment?