Investment Q&A

Q: From what I understand insurance companies should do well if long term interest rates rise. If these companies hold longer term bonds in a rising interest rate environment would any increase in income from higher rates be offset by capital losses on the bonds as long as interest rates increase? How does this affect the stock price?

Q: Is it a good time to invest in FSZ or is the trend to ETF's going to harm it ?

Q: I hold EFN and recently bought more ECN. John O'Connell was on BNN Jan. 19 and expressed a very negative opinion of both based on self serving management. Could I please have your comments on ECN. Buy hold or sell?

Q: I have money available to buy 1000 shares of ecn. They have also prefered with a 5 yr reset.In your opinion would the prefered be better for dividend over 3yrs.Also what is worst scenario for prefered shares.Tks 5I

Q: In December, you suggested that, with its investment profile now dominated by insurance holdings, Fairfax might lose its premium multiple. But many insurance co's offer a better dividend and at least as good a growth profile; what's actually to like about today's Fairfax - or is it, essentially, still coasting on its outstanding performance during the Great Recession?

Q: Hi, I have a very small position in each of these 2 bank stocks that I am looking to consolidate into just 1. It is for a long term hold within a USD$ RRSP...which of these 2 would you recommend? (even thou I understand you focus less on US stocks) Thanks, Stephane

Q: I've held AMTD for around 4 years and it done quite well for me. I hold it in a LIRA which I will have to start drawing on in two,years. What are your thoughts on the stock? If I sell it I would probably look at buying something more conservative like a fixed income ETF?

Q: Good afternoon,

I have half a position in GS and I am thinking of selling it and to buy ETF FLI First assets US and Canadian Lifeco. What are your thoughts?

Paul

Q: Hi Peter and Ryan,

Can you please provide and update on your opinion of this company.

Thanks

Dave

Q: My portfolio consists of 14% Financial stocks that include; 6.5% BNS,3% TNC, 3% ECN, and a new purchase this week of 2.5% RY. TNC and ECN are in my TFSA, the RRSP has the other two. Two questions, overall should I have more financials, if so a suggestion please? I have a high tolerance for risk and a long time frame in mind if required, of course quick gains are always appreciated. haha

Q: Hi : I'm a little thin on US exposure. Would it make sense to switch from BMO to TD?

Thanks

Q: I recently purchased 50 shares at $650, with a multi-year horizon, following a thorough article about FFH being a top-ranked stock when it comes to long-term value AND growth. It has recently been on a steady decline, down by about 5%. Where could I find a relevant explanation for why this is happening and what is your outlook for FFH moving forward ?

Q: CXI missed earnings and the stock is being hurt for it. Did anything surprise you in their latest reporting? The stock was rated B- a couple of months ago. Would it still be rated at this level now?

Q: Hi All at 5i!! Should the Canadian real estate bubble burst, which of the Canadian Banks have the most invested in mortgages and have the most to lose? Thank you, Tamara

Q: Good morning<

Looking for your opinion on Vanguard US Financials ( VFH)- seems to have a lower MER than the "i shares" version (IYF), which I believe is your primary vehicle for this sector. Can you help differentiate ?


With thanks
Brad

Q: Report on Business in the Globe and Mail had an article entitled "How lenders skirt Canada' mortgage rules" in today's paper (January 12, 2017). The first two sentences of the artilce state: Canada’s subprime mortgage providers are increasingly teaming up with unregulated rivals to sidestep rules designed to clamp down on risky lending.

The results of these partnerships are so-called "bundled" loans, which pair a primary mortgage with a second loan from unregulated groups called mortgage investment corporations (MICs).

It later states that HCG uses this bundling technique.

Do you think this article is being fair to HCG? Could HCG be at risk if it is following this practice? Will the shorts find this another reason to put HCG in a negative light?

Q: Hello 5i
Thanks for the service.

Checking in on a 5i current viewpoint for Timbercreek Financial.
I hold it after the merger of their two entities and really like the current 7.8% yield as income flow to Portfolio.
There has been lots going on related to interest rates and new entrants to potentially compete against TF.
Would you please offer you comments about continuing to hold this security and whether you consider any risk growing; price level and ongoing distribution?


Thanks
Dave

Q: Stock Price is doing well. How about their outlook?

Q: Good Day 5i Team.

Is CXI a foreign company for T-1135 reporting?

Thanks Ed.

Q: With respect to investing in big banks like BNS, what is the risk of future scandals? (There seems to be one in the news every week.) Is there a point at which investors will stop being so forgiving? If one wanted to still invest in financials, but was uncomfortable in the actions of the big banks, are there any options to invest in smaller, community-oriented banks or credit unions? Thanks in advance.