Investment Q&A

Q: I am heavy financials at about 20%, I should probably trim the herd....All but CHW will generate a large capital gain as I have held most for a long time. I hate to sell CHW as it pays a crazy div right now at almost 8%.

I am leaning towards holding all but taking the dividends and putting into other sectors (stock from the your balance portfolio following your balanced equity portfolio) and not adding any new financials to my holding.

Can you provide a compelling argument for selling 1 or 2 of the above for the sole purpose pf rebalancing out of financial. Or is my slow but steady approach with lower tax implications a reasonable compromise knowing I will be heavy financial for several years.

Q: Why are the bank stocks so weak lately. Is this a good time to add or do they have more room to fall. Thank you.

Q: My weighting in the financial sector is 12% and I am wondering if it is time to increase it to 15%. I already own BNS,RY and SLF. I was wondering if ECN and FCR would be good choices to add to the mix or if you have any better suggestions.

Q: 11:56 AM 4/3/2018
I own RY, CM, BNS, and some TD, and they comprise nearly 20% of my income-oriented portfolio. It is often suggested that I should own shares in one or more insurance companies, but I think the big banks are already in the insurance business so I believe I am already am invested in the insurance sector.
Would you think I need to buy some SLF?
Could you please give me an estimate of what proportion is in insurance business in each of the big banks.
Thank you............. Paul K

Q: Of the top 6 Canadian Banks, can you rank their exposure to the US from the least to the most exposure?

Q: hello 5i:
clarification please. "Chris" asked about the big 5 Canadian banks, but I only see 4 listed. Where does BMO fit in this mix?
thanks
Paul L

Q: I need to unload one of the 5 big banks. How do you rate the 5 on a scale from best (keep) down to "worst" (sell)? Thanks for the continuing great service!

Q: Can you tell me if RY is as diversified as TD or is it more of a "Canada" only bank.
Thank You
Craig

Q: Hi Peter and Team
I am retired and have only "passive" income in my company investment portfolio but hold an overweight in financials (>35%) such as GWO
With the new budget proposals, I am considering reducing my high dividend financials and purchasing non dividend companies that have a better growth profile, especially after last month's downturn.
Can you suggest 3 positions that I might consider after trimming the positions in my banks and financials??
Your advice as always appreciated
Peter

Q: I own BNS, and TD, and would like to add one more Canadian Bank. Which other bank has the highest US exposure. Which other bank has the best dividend growth, and lastly which one would you recommend for a 3rd position.
Thanks

Q: Hi 5iResearch Team,
I currently hold positions in 3 of Canada's 5 big banks as above and they represent about 9% of my total portfolio. Giving pending interest rate increases in both the States and Canada, I am thinking of increasing my holdings in Canadian banking sector to about 12/13 percentage of total portfolio and would like your thoughts on this.
Cheers,

Q: I realize that BNS is in your portfolio but if you were going to buy shares in a Canadian bank would you still suggest BNS as the top choice. I tend to lean toward Royal or TD as perhaps better choices at this time but would appreciate your opinion and thoughts on how each of the banks is positioned for best growth and how you would rank the three banks for purchase now.

Q: Hello Peter, Ryan & Co.
The Canadian banks are core holdings in my portfolio, which I intend to hold for a very long time. I am a bit perplexed, however, at the recent selloff. I recognize that the current pullback/correction in the market is very broad, but it seems to have been triggered by a fear of rising interest rates - don't banks & insurance companies actually benefit from rising rates? The banks' shares seem to have fallen as much as the interest-sensitive stocks this week (like REITs & utilities), which makes no sense to me. Can you explain?

Q: i am thinking buying some Canadian bank stock, it is a good timing for long turn investment ? and which bank your team will choose?
i am 48 years now.

thanks!!
Jacky

Q: Thinking of changing 4 Can. banks into 1 for tax loss but not missing the upside in the next 30 days. Which one would you pick, or just leave as is ?
Thanks

Q: Hi 5i:
I have too many finance stocks in my RIF account and would appreciate your advice on how to reduce. I want to maintain some US banking exposure, but otherwise I am open to your suggestions I have: RY; SLF; JPM; BAC; V. Thanks Roland

Q: I have some money in an RRSP and I feel that my diversification is broad enough. My preference is in consistent reliable dividends (nearing retirement) and honestly some potential in a market increase. Which of these would you pick? Also, I would like you to give me a better idea about Centurylink. At what stock price level would you consider to be a purchase point? ( or would you stay away period).

Q: How significant do you think Visa's new sensory tech will be on momentum? I am trying to add to my financial sector. I have Royal Bank and Square. Any thoughts?

Q: Hello,
I am quite new to the investing world and just looking to get much more involved. I currently have some mutual funds through a balanced portfolio in a TFSA that I have discussed with my financial planner. I have a TFSA open through Manulife and RBC. I am looking and hoping to get into some index funds and passive investing as well. Looking to just get average returns with low fees. Any suggestions on the best way to start this and go about this on my own? Recommendations on which ones I should start with through the TFSA accounts I have? I seen some through RBC, but just find it tough to get answers from financial advisors as I always feel pushed toward active investments (which I am open to down the road as well).

Thanks from a early and trying to learn investor,

Matt

Q: In financials I own about 2.5% of my overall portfolio in both TD and RY with about 1% in ECN (total of 6%). What would be your recommendation if adding more to the financial sector. Stay with Canadian banks (add to TD or RY or possibly BNS) or add something like SLF OR MFC? Any other suggestions?
Thanks.
Brian