Investment Q&A

Q: Now there is talk of negative interest rates eventually coming to Canadian markets. What would be the impact on the banks and financials here?

Q: Am doing very well on these guys and am within proper allocation. Do you see much more upside over the next 12 months or have they reached their peak and will drift lower? Your views on them is much appreciated.
Thx Gary

Q: From the standpoint of a TRI shareholder, what would be more beneficial to TRI? If the LSEG bid for Refinitiv (TRI holds a 45% intertest) goes through, or if the Hong Kong group is successful and forces LSEG to dump its bid for Refintiv?

You insight is much appreciated.

Q: Hello, What are your thoughts on Pershing Square holdings. They seem fairly cheap. I am considering starting a small position. I believe I could purchase it only in the OTC markets in north America (PSHZF). Please correct me if I am wrong. They have now rebounded well after the issues with Valeant and Herbalife..I would appreciate your thoughts. Thanks. Shyam

Q: Recent results seemed more of the same - moderate growth with increasing pressure on margins. Did these results tend to confirm your thesis that things are moving too slowly here and the future seems dull?

Appreciate your insight.

Paul F.

Q: i have this stock at a 8% loss and only 2.3% of portfolio would you recommending bring it to the 5% range. I am a dividend investor and long term holder. It would bring my financials up to 10.5% for two holdings in a 20 stock portfolio

Q: Hi Team,
Could you please provide your take on the US Fed's recent interventions in the repurchase (repo) sector (overnight money loans). I understand this likely means the US Federal Reserve will resume buying more Treasury debt, expanding its balance sheet (a.k.a. quantitative easing). I don't fully appreciate what this means but am curious if you have any opinion on its significance to Canadian investors and their portfolios.
Many thanks, Michael

Q: We already own MSI - over 10 years now. PEO would be a competitor and maybe a potential acquisition for MSI - what do you think? It would not make sense to own both, I do not think; especially since, PEO might be more speculative and MSI established and pays a nice dividend. Thoughts??

Q: Hi team
despite the low interest rate which is negative to the life Co; SLF has reached 52 weeks high, very strong technical

what would you think is the fundamental reasons for the 52 weeks high (outside technical) ? is it prudent to take some profits
in case there is a pull back ?

many thanks

Michael

Q: I bought Square in October last year after the CFO left. I’m down on the stock but still like it. Because the rest of my portfolio has risen this is now slightly <1% position. I want to add to the position up to 2% but don’t want to throw good money after bad. How do you like square over the next 5 years?

Q: Hi,
Seems we saw a significant rotation into value recently. Would you have an opinion on VTV at this point? Any value added to a balanced portfolio?
Thanks

Q: Hi 5i - would you be comfortable starting a 3% position in FSZ at todays price? It look like it has had a nice bounce off the bottom and pays a 8% yield? It would be a long term hold. Thanks, Neil

Q: There have been a lot of questions about your thoughts on CIBC and whether now is a good time to buy. It seems like you prefer other Canadian banks for their dividends and growth potential. Can you please rank Canadian banks from what you believe is best to worst for a 5 year investment horizon?

Q: Why are Visa and Mastercard down some much this week so far? Any specific news?

Regards,

Brendan

Q: Could you give me your short/long term outlook on VB and would you add to this position at the current level?

Thank you for your service

Q: Thoughts on this stock?
It seems to pay a good dividend
Thank you

Q: May I have your opinion as to TSU (Trisura)?
It is about to issue some new shares and I am thinking of buying some.

Thank you

Q: What is your take at this time
And would you rate with the other Canadian Banks

Thanks Mike B

Q: I am a long term Buy and hold investor with more focus on dividend paying stocks. I have roughly 19% of my total portfolio in Financial sector. 16% of that is from financial stocks and 3% from ETFs (market ETFs financial portion). 8.2% in five (TD, RY, CM, BNS, BMO) banks, 2.5% in two Insurance(SLF and MFC), and 4.2% in financials preferred (IGM.PR.B, GWO.PR.M, PWF.PRF, BIP.PR.E). I think am Ok with my Insurance and preferred weighing. Two questions:
• Considering the current conditions, is 8.2% in five banks OK or should I trim some and invest in some other sectors?
• TD and RY have higher weighing with TD at 3.3% and RY at 1.9%, the rest three roughly 1% each, Should I sell some of TD and RY and buy other banks or something else?

In case you need my overall asset allocation:
Equity: 63%, Fixed income (including cash): 22%, Real estate: 6.5%, Preferred: 8.5%
CDN: 73% (Equity: 48%, Fixed Income: 21% and Real estate: 4%), US: 18% and Global: 9%
Four highest weighing (59%) sectors are: Multi sectors (Market ETFS): 25%, Financials: 16%, Utilities: 11%, telecom: 7%, the rest in various other sectors.

Q: Would you please give me your current opinion of this stock. The price seems to have stayed in a trading range of $ 8.30 - 8.90 this year, much lower than previous years. However, it still continues to pay the high dividend & has done now for some 15 years or so.

Even with the decline in price it still has a good overall yield.

EIT is another high yield stock. What do you think of it.

Thanks