Q: What's up with this stock today? PR sounding all proud and confident and the stock drops,6% on heavy volume.
TIA
TIA
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Peter and Ryan,
I currently have equal exposure to BNS and TD in my portfolio. In light of the recent American election, would you sell the BNS holdings to buy more TD? (TD is acting much better post election). Both companies are held in my RRIF account.
Supplementary, if I wanted to add American Bank exposure, which ETF would you suggest adding to the same RRIF account?
As always, thanks for your much appreciated guidance.
I currently have equal exposure to BNS and TD in my portfolio. In light of the recent American election, would you sell the BNS holdings to buy more TD? (TD is acting much better post election). Both companies are held in my RRIF account.
Supplementary, if I wanted to add American Bank exposure, which ETF would you suggest adding to the same RRIF account?
As always, thanks for your much appreciated guidance.
Q: Hi. BNS has dropped while the price of other banks, particular TD, have been rising continually after the US presidential election. At this moment, which bank would you pick to invest and which one has the most potential? Thanks your insight.
Q: Hi Peter and team
GS announced their year end numbers on Friday. Can you give me your view of their results and in particular, why this stock has sold off so dramatically over the past 3 years. They pay a decent dividend and occasionally a special dividend. Are some investors confusing them with others marketing MF's like Investors Group and CI Financial whose business is in decline?
Gerry
GS announced their year end numbers on Friday. Can you give me your view of their results and in particular, why this stock has sold off so dramatically over the past 3 years. They pay a decent dividend and occasionally a special dividend. Are some investors confusing them with others marketing MF's like Investors Group and CI Financial whose business is in decline?
Gerry
Q: I own 4 Canadian financial institutions (BNS, CM, RY and TD). No exposure to life insurance companies or U.S. financials. I would like to avoid U.S. financials. I find it very hard to trust management and it seems like there is always a scandal at a major U.S. bank. I use to own Wells Fargo thinking it was best in breed and they couldn't even avoid scandal. With the advantage of the CDN dividend and BMO and TD's exposure to the U.S. I prefer to get exposure to the U.S. that way.
My question is whether I should sell CM since it is more exposed to the CDN economy than the others and purchase BMO instead for their U.S. midwest exposure? I am not opposed to getting U.S. banking exposure through an ETF like XLF perhaps. Which strategy do you favour? Each bank is currently 3-4% of my portfolio.
Thanks,
Jason
My question is whether I should sell CM since it is more exposed to the CDN economy than the others and purchase BMO instead for their U.S. midwest exposure? I am not opposed to getting U.S. banking exposure through an ETF like XLF perhaps. Which strategy do you favour? Each bank is currently 3-4% of my portfolio.
Thanks,
Jason
Q: About Mark's question, on Twitter, @CdnMortgageNews posted this yesterday: "@EQBank says > 1/2 of its 2016 YTD prime single-family securitized mtgs would not qualify for insurance under the new rules. Src: RBC". Could be a reaction to this. Hope that helps.
Q: Any thought on Equitable Group's latest results? Share value is down over 5% on news of increased dividend, increased EPS and increased ROI. Is this because of the mortgage market overall in Canada?
Q: CIX was purchased at $32.61 in March 2015 - being involved in mostly mutual funds what is your opinion on this stock going forward - do I hold or sell even though it pays a good dividend
Thanks - Hanna
Thanks - Hanna
Q: CHW raised dividend now stock is suffering. Bought some should I but more?
Q: Please provide two ETFs on US banks / llifeco that you think would do well in the next 2 years! Thanks!
Q: Hi there
I was thinking of investing about 2.5% of a diversified portfolio in Fairfax Financial as a bit of a hedge on the maket not really going the way it is going now - up. But I see today Fairfax is removing many of it hedging positions betting the market would decline. Two questions:
1) Will this cost them much to get out of these contracts and will this affect their next quarter results?
2) Given it has pulled way back from its highs do you see it as a buy here?
Much thanks
Stuart
I was thinking of investing about 2.5% of a diversified portfolio in Fairfax Financial as a bit of a hedge on the maket not really going the way it is going now - up. But I see today Fairfax is removing many of it hedging positions betting the market would decline. Two questions:
1) Will this cost them much to get out of these contracts and will this affect their next quarter results?
2) Given it has pulled way back from its highs do you see it as a buy here?
Much thanks
Stuart
Q: Subsequent to TD'recent $600m offer,GMP stated that it will retain its stake in Richardsons GMP.As a result both GMP & its Pref.B dropped.Reportedly,any 1 of the 3 owners(Gmp,its investment advisors & Richardsons family) can trigger a sale after Nov 15.Please update situation.Also,how much is TD's $600m worth in terms of the stock price for GMP.Appreciate your usual great advices & services.
Q: Could you comment on Q3 earnings and future prospects? They expect the schedule 1 bank license to be granted by year-end and looking ahead are planning to diversify, e.g. sell GICs in 2017 and offer credit cards in 2018.
Q: Greetings Peter et all,
I am in need of your astute assistance.
Scenario:
A 58 year old with failing health. (10-15 years?)
With approx 600K to deploy...I require approx 4K tax free from dividend and stock appreciation to maintain a life.
Need appropriately safe investments to achieve above.
Small, safe, manageable, tax friendly.
Two example vehicles would be very much appreciated thank-you
Be well my friends
I am in need of your astute assistance.
Scenario:
A 58 year old with failing health. (10-15 years?)
With approx 600K to deploy...I require approx 4K tax free from dividend and stock appreciation to maintain a life.
Need appropriately safe investments to achieve above.
Small, safe, manageable, tax friendly.
Two example vehicles would be very much appreciated thank-you
Be well my friends
Q: In their current earnings release CBL speaks about "yield enhancements". Can you explain what this means?
Q: Excerpt from CIBC research update: "Covenant Extension: CFO Karen Weaver characterized ongoing discussions with lenders around covenant step-down deferrals as "friendly" and suggested that a public announcement could be made within a few weeks." Is this a problem?
Q: Are their distribution return of capital and is the distribution stable. Also what is their Management fees
Q: FFH seems to be doing one of its deep dives. Do you think this might be a good entry point? I already have a half position at ~$600. Thanks. Really appreciate this service.
Q: Could I have your thoughts on DealNet Capital Corp - DLS.
Thanks
Thanks
Q: Hi Peter and Team! I know that Us stocks are not something you specialize in, but I was thinking that I might like to invest in a Us bank with good stability and growth potential ,or an ETF that holds a basket of US banks. Any suggestions? Kind Regards, Tamara