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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: Last year at about this time I asked you which was the worst perfomrning Canadian bank for 2021. Apparently It was RY and I bought it and it is down 3.3% to this date.

So 2 questions please

1)Which was the best performing Canadian bank stock in 2022 and what was the performance.

2) and which was the worst performing Canadian bank stock for 2022.

I picked up this strategy from your investor Suite article a few years ago and figure I can't go to far wrong following it.

Thanks and Happy New Year


Sheldon
Read Answer Asked by Sheldon on January 03, 2023
Q: FOR A 3-5 YEAR HOLD.

PLEASE GIVE ME YOUR BEST AND SAFEST DIVIDEND PAYING STOCKS

DIVIDEND < 5 %
DIVIDEND 5-6 %
AND
DIVIDEND > 6 %

3-4 IN EACH CATEGORY WOULD BE GREAT THANKS
SECTORS ARE IRRELEVANT, KEY QUALIFIERS ARE QUALITY OF COMPANY AND LONG TERM SAFETY OF DIVIDEND
Read Answer Asked by Ernest on December 22, 2022
Q: Hi Folks,
I've held BNS in my RRSP account for a couple of years now. I also hold TD. I am breaking even with BNS, would this be a good time to switch to RY. I realize there is a difference in the dividend but I am looking 5-10 years down the road.
Thanks
Read Answer Asked by JOHN on December 12, 2022
Q: Good morning. I watched your interview with Kornel Szejber from Build Wealth Canada. On it you discussed immunization which was most helpful. You also mentioned that you thought of CNR and CP as set it and forget it stocks. With that train of thought in mind which other canadian dividend stocks would you put in this same category? If I was to purchase 10 dividend stocks to take advantage of the dividend tax credit in my non registered acct which would be my main source of income which stocks should I consider.
Thanks
Victoria
Read Answer Asked by Anna on December 01, 2022
Q: I have owned the big 6 banks forever and they're the building blocks of my portfolio, but for a friend initiating a position with one of them do you have a preference right now for best entry position? They're all rallying sharply in the last month. Thank you.
Read Answer Asked by Kim on November 24, 2022
Q: I may be incorrectly expecting downward pressure on oil prices given the likelihood of reduced demand from recessionary conditions. As a result I plan on exiting my position in Suncor and moving the funds elsewhere in hopes of capital appreciation. I follow the Balanced Portfolio with a few holdings of some other names you like. Wondering if you could provide a couple of Canadian companies you feel are undervalued right now regardless of sector. Don’t need the cash again for 10 years.
Read Answer Asked by Chris on November 22, 2022
Q: The financials segment of my RRIF consists of BMO, BNS, RY with a 25 % total portfolio weighting.
I am looking at selling the 3 and replacing them with HCAL. Believing in the long term growth and security of the Canadian banks , I see this move as providing both higher stock price movement with its 1.25 leverage and higher dividend yield. I see the disadvantages being a nearly 1.00 % MER and greater lose potential in a falling market.
Am I missing any other advantages/ disadvantages ? Would you recommend replacing bank stocks with this ETF and why ?
Thanks
Derek
Read Answer Asked by Derek on November 14, 2022
Q: Hi Peter,

I will soon be receiving my pension funds from my ex-employer to put in my LIRA.
Can you suggest a few stocks with a decent upside....time frame 10-15 years.
Read Answer Asked by HARRY on November 11, 2022
Q: What would be your top picks for Canadian large cap dividend paying stocks that are currently trading at a good entry point?
Read Answer Asked by Tara on November 10, 2022
Q: Can you please rank the above financial holdings by value, safety and growth. What would you recommend as a top US financial stock that has a significant moat?
Thanks!
Read Answer Asked by Grant on November 08, 2022
Q: Can you please give me your 8 top stock picks for someone retiring in 8 years. Thank you, I value your teams opinion.
Read Answer Asked by Cheryl on October 28, 2022
Q: Which Canadian Banks or near banks have the least exposure to investment banking and other capital markets?
Read Answer Asked by Murray on October 24, 2022
Q: Good Morning,

Thank you for the ongoing sage commentary.

Would you mind providing 3-4 dividend stocks with growth potential that are cheap at the moment?

Thank you
Read Answer Asked by Delbert on October 24, 2022
Q: I have a son who is 31 and is just beginning his investment journey. He currently is looking to learn and has $15,000 to invest. With the uncertainty in the market he is thinking of investing 1/3 now 1/3 in the first quarter and 1/3 in the 2nd quarter. Is 5 stocks a good start with the intention of monthly contributions in the future to build a diversified over a 20-30 year time horizon. My suggestion was a equal amount to start in Royal Bank, Telus, Brookfield Infrastructure, CN Rail and a REIT.
What do you think of this plan or do you have other suggestions.
Thanks,
Doug
Read Answer Asked by Doug on October 24, 2022
Q: Hi 51,
Thanks for your thoughtful answer to my question earlier this morning asking which sectors you expect to recover more quickly, and for some names you like in each.
The names you listed in the two sectors you identified (tech and consumer discretionary) were all US companies. Do you see the same sector recovery pattern being followed in Canada, and can you provide some Canadian names in the sectors you like that you would expect to 'lead the charge'? Thanks!
Peter
Read Answer Asked by Peter on October 13, 2022
Q: In your answer to a question on BAM.a today you indicated that it is a company you are least worried about. What are a few other companies you are "least worried about"?
Read Answer Asked by Les on October 13, 2022
Q: I am sitting on significant cash holding. I understand that predicting the bottom is not a strategy, but I am looking at taking advantage of the recent pullback.

Given that most predict we are heading into a recession, is deploying 1/3 of the cash at this point a good strategy and deploying the remainder over the next 6 months.

I am looking for Income and growth over the next 3 to 5 years. I was looking at FTS, BIP, SLF, ENB, AQN, RY, TD, BCE. Is there any of these names you would not buy now?

Thanks
Tim
Read Answer Asked by Timothy on October 12, 2022
Q: Please advise of 10 companies (Canadian) I can buy in my new TFSA and add to and DIP for next 30 years , This will be my retirement.
Thank you
Cec
Read Answer Asked by Cecil on October 03, 2022
Q: If Russia drops a nuclear bomb in Ukrainian territory ( a scenario becoming more likely every day ), the question of whether a company’s stock has a compelling P/E ratio is irrelevant.

Forget inflation, forget Covid, forget Trump, forget budget deficits, forget supply chain. Follow Russia/ Ukraine.

Please help me to decide not to sell everything, stock up on cans of beans and head for the hills.

Thanks
Derek
Read Answer Asked by Derek on October 03, 2022
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