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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: I have losses and 2% positions in each of these companies in a well diversified portfolio. Do you suggest moving on and selling any of these, especially after the gov't mortgage rule changes. What replacements might you suggest. I already own TD, BNS and SLF at 3% each.
Read Answer Asked by David on October 05, 2016
Q: Peter,
For derivative exposure re. wells Fargo, it has almost none as a percent of total exposure.
for the others:
JPM aound 7%
City around 9%
Goldman around 13%
Morgan Stanley around 28%
So on that metric only, Wells is a pretty good bet, notwithstanding the abomination of what they just did and their complete ignorance of respect of customers (50 shades of gray) and of respect of employees!!
Read Answer Asked by claude on October 03, 2016
Q: A follow up question to one earlier today. You say that you would expect a bid of between $18 and $22 for the announced privatization. CBL is only trading at around $16.50 suggesting the market either expects a lower bid (which shareholders would probably not accept) or that there is considerable uncertainty that the privatization bid doesn't happen.
Either way the market does not see this announced potential privatization as credible?? Do you agree and does the company have a history of looking at this without being serious? Thanks
Read Answer Asked by Gary on October 01, 2016
Q: Over the past year HCG is down ~ 15% while FN is up ~ 45%. FN has an attractive yield and low PE ratio ~ 13 according to TMX. I hold most stocks in your balanced portfolio so wonder if it would be time to sell HCG and replace with FN.
Appreciate your comments on this trade. Thanks to your recommendations in BE portfolio I own many profitable stocksI would not have bought otherwise.
Steve

Read Answer Asked by Steve on September 29, 2016
Q:
Hi team :
below is info. or BK. I HAVE DONE WELL FOR THE LAST 10 YEARS.I have no other bank stocks.I mostly live on DIV.
what would you advice:
1. wait and get paid out 2018 ( I HAVE 5K BK and no BK.PR.A )
2. SELL 0.5 OF THE POSITION
3. BUY BK. PR. A TO BE SAFER { My expectation that bank stocks will be flatish)
4. HANG IN FOR A POSSIBLE BEYOND 2018
5. OTHER SUGGESTIONS AND COMMENTS
THANKS AS ALL WAYS
YOSSI











Read Answer Asked by JOSEPH on September 26, 2016