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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: According to media reports Venezuela is on the verge of bankruptcy and the more the oil price falls the greater the odds. From the Scotia Global site:
"Scotiabank is proud to have a strong presence in Venezuela through ... Banco del Caribe"

How strong is their presence there and will default have long term effects on BNS shares? I note it is a 3.6% position in the BE portfolio which presumably went in at 5%. Thanks, J.
Read Answer Asked by Jeff on February 16, 2016
Q: will you please advice if this is a safe buy? whats with the dividend

thanks donald.
Read Answer Asked by donald on February 12, 2016
Q: Your thoughts on FFH acting as a portfolio diversifier and hedge against deflation? Seems they have a large derivative bet that potentially pays big if deflation hits.

Thanks,

Robert
Read Answer Asked by Robert on February 12, 2016
Q: I am hoping to retire in the next couple of years. If I can get a 4% return on my portfolio, I believe I'll be in great shape for many years. Recognizing that National is not your favourite bank, I can't help but look at the 6% return and wonder why I wouldn't buy this as a solid income producer. Canadian Banks (including NA)are very well regulated and if they all go under, we'll all have very big problems. Am I missing something or perhaps to ask the question another way, do you see a better place to get a fairly secure 6% return for many years into the future?
Read Answer Asked by Dave on February 11, 2016
Q: With the continuing decline in the share price of Canadian banks, would you consider ZWB to be a better alternative for bank exposure at this time for the next 6 to 12 months ?

Thanks
Read Answer Asked by Peter on February 11, 2016
Q: If Canada was to implement negative interest rates, do you think banks would pass this cost on and increase borrowing rates? I just started ZRE positions in several accounts and am wondering if this would have a material impact on the value of reits, or do you think the possible effect is already priced in. I get real nervous thinking what the effect would be on mortgage rates. What do you think? Thank you
Read Answer Asked by Richard on February 10, 2016
Q: Can I get your thought on Aeg, I know that value investors have had this as a top pick many times but the stock keeps going down. Also according to Yahoo finance the book value for this company is around $14, how can a stock with a book value of $14 trade at around $5
Read Answer Asked by Richard on February 10, 2016
Q: Financials constitute 21.2% of my portfolio. I would like to reduce that by selling off some these; AD 12.57%,SCB 3.79%, EFN 16.17%, FIE 33.75%, FSZ 4.92%,GS 11.35%, HCG 17.45%. Which would you sell? Would you consider buying Tricon with any proceeds? GS dropped considerably in the last few months. Do you know why?
Thanks in advance. Gary
Read Answer Asked by Gary on February 10, 2016
Q: Hi Guys - rarely do I ask a question as so many of your members ask before me. Perhaps my turn.

Looking for your thoughts and expectations on the below noted link which describes share holder agitation. Thanks in advance.

https://finance.yahoo.com/news/concerned-shareholder-group-calls-immediate-113000556.html
Read Answer Asked by Mike on February 10, 2016
Q: The Banks exposure to the Oil and Gas debt(losses)and non-payments of loan losses in particular Bank of Nova Scotia. Therefore, how many are not paying, behind in their payments and how many will never pay them back or written off. In addition, how much does BNS have set aside(Reserves) for direct and in direct loan losses(debt), and any other helpful figures and etc.
Read Answer Asked by Herbert on February 08, 2016
Q: Hi Peter & Staff: I purchased this last Nov 18/15 @ $55.58. TD rated the stock a good buy and a positive future. The stock is now $37.51 - down 32%. Is this a dud? Should I sell? Any hope of the stock returning to $55.00 or $60.00? Thanks for your opinion.
Ron Noble
Read Answer Asked by ron on February 08, 2016
Q: What's your opinion on this company? Thanks - Richard
Read Answer Asked by RICHARD on February 04, 2016
Q: Hi, I have had this stock for a year,and it seems to be on steady downtrend from around $14. I'am alittle overweight at 7%,would you hang in or reduce to 4-5%.Financials look to be weak right now, your thoughts .
Thanks
Read Answer Asked by Brad on February 04, 2016