skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I am concerned about my allocations to the banking sector. TD accounts for 16% of my portfolio and BAC/WFC combination 7%. All shares were purchased during the financial crisis and I have done extremely well with that move. With TD's US exposure I could pare BAC/WFC or reduce TD or continue to hold them? All shares are in RIFs. I am a conservative investor. Dividend income is good.

Thanks for your advice,

Docsinc
Read Answer Asked by Tom on May 11, 2017
Q: I have owned WFC for a couple of years and purchased it because it was considered to be the best in class by some (Warren Buffet) although its reputation has been tarnished in the last few months. I know you have always preferred JPM. Would you endorse a switch over to JPM or does WFC still provide a pretty reasonable upside in your opinion?

Appreciate your insight.

Paul F.
Read Answer Asked by Paul on November 18, 2016
Q: I have owned these two companies for a couple of years as part of a well diversified portfolio - both geographic and by industry. Financials in the US have been relatively flat for nearly a decade and I am wondering if there is a case to be made for owning US financials when Canadian financials have done better and pay a nice dividend. I am comfortable that these two stocks are near the top of the class so it is not the companies that I question. Would you deem it reasonable to hold only Canadian financials at this time and to invest the US dollars in other areas?

Appreciate your insight.

Paul F.
Read Answer Asked by Paul on July 20, 2016
Q: Good Morning 5i,

I am looking to replace my shares in Bank of America ( BAC). I have held it in my US account now for more than 2 years, and it really has done nothing, it has actually in that span of time gone down in value. No growth what so ever.

I realize the US market isn't your field of expertise, but i thought you would know of a US Financial ( including Investment banks), possibly something smaller and more Regional that looks good going forward that pays a small dividend, and has good growth prospects?

Thanks,

Stephen



Read Answer Asked by Stephen on July 14, 2016
Q: Financials are currently 7% weighting in my portfolio (RY, BNS, TD, CIX, MFC, JPM). I have some cash and was thinking of bumping up to 10% weight. I know you like BNS, IGM and SLF. WFC looks appealing but the 30% premium on the USD is concerning to me. Any other recommendations? Looking for something at the middle to lower end of the risk spectrum. Thanks
Read Answer Asked by Richard on July 16, 2015
Q: Hello 5i team

I hold a 4% position and have done quite well seeing a 16% increase while collecting a very nice dividend.

A suit is being brought forward by Credit Unions that failed under the weight of Mortgage-backed Securities they bought from WFC prior to 2009. I have read one article stating WFC remains a buy recommendation with a ratings score of A, and 3 others (including Bernstein) downgrading the bank.

Can you please share any opinion you may have in this matter and what your advice for me moving forward might be - hold or sell.

Thanks for all you do

Gord
Read Answer Asked by Gord on December 27, 2014
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!