Q: Power Corporation just raised their dividend by 7%. It's the first time since 2009 they raise their dividend. I've held the stock for over a year and I enjoy how safe it feels. It doesn't seem to get much interest because of its low growth. What do you think of the earnings? Do you expect the stock to move up or should I expect the same capital return of the last 12 months?
Q: How do you rate EQI in the current environment. The Globe is full of negativity about the debt load that the average Canadian has and this does not seem to be hurting the the mortgage stocks too much. Home Capital is sliding a little, but EQI trades so few shares it is hard for me to get any sense of strength or not in the stock.
Q: You mentioned this before that you were investors in Ebix Inc. and have met management (and liked them) in the past.
There has been some recent positive news in the company on the verge of some major ventures/partnerships/contracts. On the latest quarterly meeting call, the CEO Robin Raina was very optimistic that significant and material wins are in the pipeline. With your experience with management in the past, can you speak about what was it about the CEO or Executive team that made you confident in their abilities (at that time)? And in general, what type of qualities do you look for management for you to feel good about investing in a company?
Q: I am looking for an addition to my US portfolio in the financial sector. I am inclined to add AIG for its valuation and positive outlook if and when interest rates come down. But also KKR looks interesting and got a rich dividend. I will appreciate your expert advise as to the best choice.
Thank you as usual for your excellent service.
Raouf
Q: Would you please give me your thoughts about this US ETF. (It makes up about 3% of my portfolio, and about 20% of my financial services sector.)
Thanks for your great service!!
Q: I plan to sell my XLF and switch to AMP as the latter has performed much better over the last 10 plus year and it also pays a bigger dividend. Lately it's on a downward trend. While no one can time the market, do you think this is a good entry point?
Q: If you were me and owned a small position (0.5% of my portfolio) in Penny Mac would you sell? The recent earnings and stock performance has been awful.
Q: I am looking for a few income picks to add to my portfolio. However I am concerned about the eventual hike in interest rates and a certain amount of capital flight from income stocks that would ensue. Would you agree that financials generally and insurance companies in particular would do well in a rising rate environment? Any more specific thoughts are appreciated. Thanks again for your great service.
Q: I wanted to follow up on your answer to Ron regarding SunLife vs. CI Financial. I'm close to having all of the stocks in the Balanced Portfolio with a few extras from the Growth and Income portfolios that I already owned and don't want to part with yet. I don't have SunLife yet and have been hesitating to buy it. If you prefer CI, why is SunLife in the Balanced Portfolio? Is CI a substitute?
Q: If possible, can you please give me your opinion on these two banks? Would you prefer one over the other? Also, do you think it's a good idea to hold a US bank? Thanks.