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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: It seems that the BAM stock had a split on Dec 12 2022.

4 old BAM shares gave rise 1 BN share & 4 new BAM shares.

On Dec 9 ( a Friday), the Value of old BAM was us$43.15

On Dec 12 (the next Monday), BN was valued at US$33.64 and new BAM was valued at US$32.40.

So the 4 shares valued at us$172.60 before the split were worth US$163.24 after the split.

FYI, I am using avg prices as reported on Google Finance. It seems like a 5% drop on Day 1.

Questions:

1. Is my calculation correct?
2. are the prices of BAM and BN on Dec 12 2022 dependent on the Dec price on Dec 9 2022 or determined well in advance?

Thanks
Read Answer Asked by V on February 14, 2023
Q: I’m looking to diversify the financial part of my portfolio by adding a US insurance company. Can I get your thoughts on Progressive (seems to just go up & to the right) or other insurance stocks.
Thanks.
Read Answer Asked by Dan on February 13, 2023
Q: I get confused when you rated slf over ifc for a 5 year hold, I agree it has a higher dividend, but you say slf will have better growth. Is not return on investment the growth that i should be measuring. ifc has blown slf out of the park in the last 10 years, not even close and they are still doing it right now.
Read Answer Asked by eugene on February 13, 2023
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Read Answer Asked by STANLEY on February 13, 2023
Q: Hi Folks,
I am looking to add one of EIF, BAM or AD.UN to my diversified RRSP portfolio. Looking for a safe yield with a little growth. Is there one that stands out for your suggestion?
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Read Answer Asked by JOHN on February 13, 2023
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Read Answer Asked by Lawrence on February 10, 2023
Q: Good evening, 5i team

I appreciate having your thoughts on keeping 2 out of these 5 for a pretty condensed portfolio. I sided with BNS & CM among the big 5. Thank you!
Read Answer Asked by Nhung on February 10, 2023
Q: Peter and His Wonder Team
I have owned this bank for several years and am aware of all their problems. I know they are in transition and restructuring. I realize they are at risk but am wondering if at this point it could be viewed as a possible contrarian play. It seems so cheap to what I paid in the past that I am thinking that maybe I have nothing to loose in buying more and at least recovering some of my money back. Of course that means that they will survive and not go bankrupt...even a take over might lift the value. Or do you think I am just in dream land? Thanks for your opinion as usual.
Read Answer Asked by Ernest on February 10, 2023