Investment Q&A

Q: I am looking to rebalance my non-registered portfolio, which will mean taking capital gains and transfer to my TFSA. Today, my position is about equal in RY, BMO and CNR.
I would like to reinvest the cash from these capital gains in Tech and Health sectors from 5i's balanced portfolio. I do not have either sector in my TFSA today.
Which of the 3 non-registered stocks would you suggest selling?
What would you recommend buying for TFSA?

Q: Would you please advise the approximate amount of excess capital (or equivalent) each of these five Banks are holding based on their year end results.

Thanks

Q: dear team:
i have BPY and bpy.un roughly 15% in my no-registered account which bought at last May. i think it is too risky to keep them and plan to replace them .
pls give me some idea.

appreciate!

Jacky

Q: Is the financial sector good value at these levels ?
I'm a little concerned investing new money in the banks as rising prices have brought valuations to pre-pandemic levels. Insurance companies not yet there, may be the better value.
Thank-you.

Q: Good Day,

My fiancé has recently begun investing. Currently she has:
254 shares of VBAL
16 shares in Royal Bank
27 shares of BCE

She has $1300 available to invest in her TFSA and $500.00 to invest in her RRSP. She is a conservative investor.

We are wondering:
What would you suggest for next steps in terms of shares/etf to purchase in this small portfolio? Or should we just buy more VBAL?

In addition, would it be best to wait a little to see if there is a ‘better deal’ in a few months?

Please take as many of my questions as you see fit.

Regards,

Ryan

Q: I own all three in my RRSP in equal position. Outside of my RRSP, I have large exposure to the US markets (>50%).

I'm thinking on consolidating banks by selling RY & TD to buy BNS. BNS is up from its previous lows but looks to be trading at reasonable multiplies.

Thoughts?

Q: Hi All: I will be Transferring 'in kind' from my open account into TFSA. In your opinions which of this list might have the better growth potential, therefore capital gain protected within the TFSA? Too Bad for the $6K limit. Would you assist me in prioritizing my list?
Thank you for the great reading (Questions and Answers) and wonderful Web site. Happy New Year to all your great staff and all the happy 5iResearch Clients!.

Q: I have a considerable base of my portfolio in CDN banks. The share prices are approximately flat from where I bought them. Is there any catalyst to make banks outperform in the next year or 2? It feels like there have to be sectors that will bounce well with a recovery and wondering about diverting some funds there to try to catch the bounce on a return to travel and the like. I have nibbled at Air Canada and wonder about some other names that have a high likelihood of surviving and bouncing nicely. Canada or US, moderate risk is OK. Thanks!

Q: Today ,when I turned on my computer the above stocks each had matching bid ask for millions of shares at much lower than their closing price yesterday. Any idea what is happening?

Q: For my financial sector I currently hold ZEB and while the monthly dividends are nice on a timely basis, the MER is relatively high. So I am looking at breaking in down into 3 or 4 individual stocks. Would please rank the financial companies listed above for performance. Please include others I may have missed.


Thank you


Steve

Q: These Canadian banks and probably others seem to be strong proponents of ESG principles in running their companies. It seems clear that at least some aspects of ESG impacts profit negatively and therefor share price. A recent Financial Post column suggests the growth of this approach will erode the performance of companies and ultimately the Canadian economy. At the same time some investors see it as essential in choosing investments. Has 5i written about this trend and what weight do you place on it in making investment recommendations? Your opinion would be very helpful.

Q: Peter, I almost fell off my chair reading the business section this morning. It was reporting about the big banks' employee bonuses for the 2020 fiscal year. For example, RBC earned a total of about $11.5 billion - but the article reported that the bank's bonus pool was over $6 billion!! (up much more than inflation, 5.9%, compared to last year). If I've got this straight, the bank is choosing to pay out bonuses (not salaries; just bonuses) of more than half of the entire amount of the profit that is left to the entire shareholder base of the company. This strikes me as .... "inappropriate", if not insane. I know the excuse "We're just being competitive with other banks". But I've seen this rigged game before, as a way that public co managements have increased their compensation quite drastically over the years (e.g., hiring consultants to continually recommend higher and higher comp levels). Just wondering if you had any comment. Also, if you know of companies you like where management's comp is more fairly aligned with mine as a small investor, I'd love to hear of them.

Q: I do not have any of the Canadian Banks but would like to add one. Kindly advise which you would choose.
Thank You!
Bryan

Q: Hi Team:
I currently own about 2+% RY and 1+% of NA, I wonder if I should add more bank holdings. Also, what is your ranking of the 5 banks. Please take as many points as appropriate.

Thank you.

LL

Q: good morning. with most of the banks reporting now for year end and most of the majors making a ton of money again this year can you see that dividends will be allowed to be raised again starting next year or do you see problems in the future.
i noticed bank of nova scotia did not raise at all this year and hoping that they can restart again next year.

Q: Canadian banks have had a strong run in the past month. Do you expect them to give some of this back in the near term?

Q: I invest in companies that have a track record of growing dividends. A chunk of my portfolio is invested in Canadian bank stocks which up to this year had a nice record of increasing dividends. In 2020 TD and RY did increase early in the year - but Covid brought a halt to increases from BMO and BNS. When do you think the banks will begin to think about increases - is 2021 too early and does OFSI (or whatever they are called) have a say and will they disallow.
Thanks

Q: Hi!
Stocks have increased a lot recently and most of the above are well off their lows with stocks like BEP and BIP almost reaching their high of the year. Would you feel comfortable entering new money into the above names for income/growth or wait for a pullback? I know timing the market is next to impossible but do you see this rising market as sustainable and if one waits will the opportunity to enter still at reasonable prices be missed? Also, what are your thoughts on RDVY. It was not listed as a choice on the drop down list.
Thank you!

Q: Good day,
I have built my daughter's RRSP with your wise direction. She is up 15 to 25% on BAM;EMA;FTS;L;OTEX;RY; BEP and RBF 1030.(My choice) Wonderful. Thank you. We are down in descending order on ENB;CSH;BCE and MFC.

Overweight in Utilities and Financials but okay with that.

Would you add to the latter group? Add any new ones.

Looking forward to Peter on BBN Tuesday.

Long term 25 years+. Many thanks!

Q: I have owned TD and BNS for a number of years in my RRSP account - I am looking at either adding more to BNS or buying RY as a new addition. Can you suggest what would be best at this time ?
Thanks