Investment Q&A

Q: Hello, Looking to take a position in a GIC type investment with the ability to withdraw funds quickly and with no penalty. I came across this fund, wondering your opinion? Do you prefer any other funds that fit this description? Thank you

Q: Good Morning, I liquidated my corporate holdings in order to realize substantial gains prior to the June 24, deadline.
Will be buying back some of the holdings and was thinking an ETF instead of individual holdings. Taking this opportunity to try to reduce holdings and re-organize portfolios.

Also, some of the funds will be needed in the next year. Was thinking fixed income ZST (Canadian dollars) and ZUS.U (US dollars)?
Your thoughts please.

Q: I am looking for a short term safe investment for Canadian and US cash in a non-registered account. CBIL according Global X website holds 0-3 month Canadian government bonds, but when purchasing on Questrade, 0-3 mo U.S. T-bill pops up - is CBIL US or Canadian bonds? With UBIL.U in a non-registered account will there be US withholding tax on the estimated 5.25% yield? Thanks!

Q: would you have any suggestions to park USD for a couple months against high yield instead of a GIC?

Q: I notice that lately, the Premium of stock price vs NAV has shrunk considerably to the level of .09 at this time. Is this because of lower Canadian interest rates and what is the likelihood of its trading below NAV if rates continue to decline from here? Thanks

Q: If it were your money, what would be your number one choice for parking a large sum of money ($200,000+) for a 3-8 month period to 1) maximize return, 2) minimize risk and 3) maximize liquidity. Can you please give me just one top choice for CND dollars as well as USD.

There seems to be a few options from reading previous questions but I am getting decision paralysis trying to compare them all, Your commens are most appreciated.

Scott

Q: I need to find a place to park a large amount of cash for the next 6 months - 1 year. the choices are GIC, CBIL, and HISA/CASH.TO.
I have looked to GIC and dislike it because the money is locked in for at least 1 year.
What are the risk associated with CBIL and HISA/CASH.TO. Is there risk of the holding company (Global X in this case) defaulting the money?

Q: I have a large sum of cash from a recent sale. I will need the funds in the next few months but would like to "put it to work" in the meantime. If it was your money, which of the myraid of options would you choose that offers safety, liquidity and max returns.

Many thanks

Scott

Q: It's been almost a year since I asked about this one (QTIP - Mackenzie US TIPS Index ETF (CAD-Hedged)). I've held it for over 3 years and it has certainly dropped (I'm down about 11%) and over the last 12 months it just seems to be flatlined between $ 83 and $87. Why should I want to keep this one vs. just selling it and moving $$ to something paying a higher dividend (maybe BCE or ENB) ? Or will dropping interest rate finally be the catalyst to breathe some life into this one ?

Q: I often have a variable amount of cash in my USA trading account, while I am looking for trades. Which safe money market fund with a good dividend would you recommend that I can use for short term holds? For example for my Canadian funds I use CMNY, I can trade it like a stock using my TD account. I got that recommendation on BNN market call. It has been very useful. I would like a similar one for the USA. Thanks for all your great advice and service.

Q: Bank of Canada cut rate, would this impact CASH's yield? Thank you.

Q: Bloomberg article today summarized:

Forget the stock market or private credit. Fixed income will outstrip other asset classes after “a generational reset higher in bond yields,” according to Pacific Investment Management. “Active fixed income is positioned to perform well if there are no recessions over our secular horizon and to perform even better if there are,” Pimco’s Richard Clarida, Andrew Balls and Daniel Ivascyn wrote in an outlook released Tuesday. As prices climb and inflation recedes, they expect bonds will be even more attractive than cash.

Can you offer some guidance/thoughts on this? I’m a growth investor primarily in stocks, and not familiar with bonds.

Can we benefit from some torque? What would be your top ETF plays in this?

Q: Not having the ability to look into a crystal ball and see the future: How would you invest 500,000 CAD with a 6-month time frame in mind and the realization that there are capital gains and other factors to consider. Investment appetite is mildly-conservative.
Thanks for your ideas. Lesley

Q: Im looking for a place to park some cash for my sons university costs and make a little bit of interest while it sits. Is CASH.TO a safe bet or do you have other recommendations.

Q: Good morning,

I was looking for somewhere to put my money for a short period of time and I heard about money market fund etfs and high intrest savings account etfs. I have a vague understanding of the two but would it be possible to get the pros and cons of each and when they preform differently and the worst case scenario (ie what a maximum loss would look like) for these two types of etfs?

Thank you very much,

Aidan

Q: Thoughts on this etf with regards to American interest rates which determine yield payments. Thanx.

Q: Bond ETF's like XLB have performed poorly in the face of peak interest rates and pending Fed rate cuts. Could you offer some insight as to why there has been recent weak demand for US treasuries, whether you see that trend continuing in the near term and at what point bonds may become a rewarding investment?

Q: I own ECN Senior Unsecured 6% Debentures maturing on Dec. 31, 2025. They are currently trading at 84 cents on the dollar, corresponding to an annualized Yield-to-Maturity of about 18%. I am concerned that this extremely high yield indicates serious doubts as to their ability to repay this debt (in cash). What is your opinion as to the viability of ECN?

Q: For earning short term interest, in the past I have bought BA's and CP issued by Canadian Banks. I am now considering PSA and CASH.......which show better yields with lower buy/sell commissions. So - it seems like a no-brainer to put short term cash investments into PSA which shows an indicative yield of 5.5% - versus BA's CP or CASH. Am I missing anything here - does an investment in BA's or CP have advantages over buying PSA?? Does CASH have advantages over PSA despite the lower yield??
Thanks

Q: GIC's that need to be cashed before their due date are penalized whereas individual bonds can be sold before their due date at market price. For Tax Purposes - Which fixed income investment is better for an holder person with limited time horizon?
Thank you for all you do!