Q: Bns has not done well by me, would you recommend adding to my td stock or buying another bank. What is your opinion of bns for the foreseeable future? Thank you.
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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: Where do you see Canadian banks and financials heading? Do you see the downturn ending in the next month or two?
Guy
Guy
Q: Hi Ryan what do you feel the reason for bns decline more so than the others and were do you fell support is for this stock is
The profit I had is almost gone and soon will be under water again.
Kind regards
Stan
The profit I had is almost gone and soon will be under water again.
Kind regards
Stan
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Bank of Nova Scotia (The) (BNS $101.87)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP $194.39)
Q: I've noticed that SHOP has consistently made lower lows and lower highs over the last 6 months. It's a high flier and I don't completely understand the company but do have it as a holding.
Is the revenue growth slowing? Is there any reason to be concerned?
Completely different stock but BNS has been consistently making lower lows and lower highs for the last year. Looking deeper at the chart, I see that the stock did nothing for 5 years from 2011 to 2016 (admittedly, comparing a peak to a trough) Canadian Banks have generally become accepted as a 'no brainer' investment based on the monopoly and returns over the last 30 years. Most industries seem to get disrupted over time, is it reasonable to expect Canadian Banks to have the same growth over the next 10/15/20 years?
Thanks!
Is the revenue growth slowing? Is there any reason to be concerned?
Completely different stock but BNS has been consistently making lower lows and lower highs for the last year. Looking deeper at the chart, I see that the stock did nothing for 5 years from 2011 to 2016 (admittedly, comparing a peak to a trough) Canadian Banks have generally become accepted as a 'no brainer' investment based on the monopoly and returns over the last 30 years. Most industries seem to get disrupted over time, is it reasonable to expect Canadian Banks to have the same growth over the next 10/15/20 years?
Thanks!
Q: BNS is down about 14% over the past year. Average revenue growth rate over the past 3 years is 3%. Net Income average growth over 3 years is about 1%. The share price is about the same as it was 4 years ago. Yet BNS remains your favorite Canadian bank. Why is that?
Q: RESP Question: My oldest son has 4 years to go until university and my youngest 7 years. I have $28,000 saved so far in an RESP and all is currently in a low yield interest fund. Can you give me a few suggestions on investments considering the time horizon? I was thinking Telus, BNS and maybe Enbridge. Thoughts?
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Royal Bank of Canada (RY $230.91)
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Toronto-Dominion Bank (The) (TD $128.72)
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Bank of Nova Scotia (The) (BNS $101.87)
Q: I saw the question Murray asked on dividend increases of Canadian banks and it made me curious. Could you provide a historical annualized return combining dividends and capital gains for the same banks over the same 18 years { 2000-2018 } ?
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Pfizer Inc. (PFE $25.54)
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Verizon Communications Inc. (VZ $39.04)
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Walmart Inc. (WMT $118.24)
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Bank of Nova Scotia (The) (BNS $101.87)
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TELUS Corporation (T $18.47)
Q: Would you recommend buying these companies for a conservative investor? Or others?
Finally, Is it important to hold American stocks in ones portfolio and which stocks would be your favorite conservative stocks?
Many thanks rose
Finally, Is it important to hold American stocks in ones portfolio and which stocks would be your favorite conservative stocks?
Many thanks rose
Q: Good Day,
AS BNS continues to fall I see that the forward P/E based upon the consensus shown on the RBC Direct site is 9.5. Seems like good value considering the 4.7% yield. Your thoughts? Also wondering if you can determine what the P/E was at the lowest point during the 2008 financial crisis.
Thanks
AS BNS continues to fall I see that the forward P/E based upon the consensus shown on the RBC Direct site is 9.5. Seems like good value considering the 4.7% yield. Your thoughts? Also wondering if you can determine what the P/E was at the lowest point during the 2008 financial crisis.
Thanks
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Bank of Nova Scotia (The) (BNS $101.87)
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BCE Inc. (BCE $33.66)
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Enbridge Inc. (ENB $65.30)
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Chartwell Retirement Residences (CSH.UN $21.10)
Q: Good morning
Based on current climate and uncertainty, I started to liquidate some holding or at least profits over the last few weeks....about 30% cash...however, I would like to place some cash in income producing stocks (REIT/XHY) or other such stable stocks...I fully understand we are in volatile market..but was wondering which you would recommend 5 or 6 names for income with what we would be considered less volatile in this environment..+4%..yields...when things settle will deploy back into my core holdings...thanks
Based on current climate and uncertainty, I started to liquidate some holding or at least profits over the last few weeks....about 30% cash...however, I would like to place some cash in income producing stocks (REIT/XHY) or other such stable stocks...I fully understand we are in volatile market..but was wondering which you would recommend 5 or 6 names for income with what we would be considered less volatile in this environment..+4%..yields...when things settle will deploy back into my core holdings...thanks
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Bank of Nova Scotia (The) (BNS $101.87)
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BCE Inc. (BCE $33.66)
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WSP Global Inc. (WSP $263.93)
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NFI Group Inc. (NFI $16.65)
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Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A $22.67)
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Premium Brands Holdings Corporation (PBH $96.98)
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Income Portfolio (Income)
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Balanced Equity Portfolio (BEPORT)
Q: With the recent sell off, have any of the above stocks (contained in either the Income or Balanced Portfolios) reached the stage where you would call them "table-pounding buys"? In other words, has the market overreacted and the pendulum has swung too far?
Obviously, there is always the chance of a continued downdraft, but at some point you just step in top up your holdings.
The Income Portfolio is sitting on 10% cash...any thought to deploying some of it soon? Thanks...Steve
Obviously, there is always the chance of a continued downdraft, but at some point you just step in top up your holdings.
The Income Portfolio is sitting on 10% cash...any thought to deploying some of it soon? Thanks...Steve
Q: I don't have any financial exposure, what would you recommend ? US or Canada?
Is now the right time to buy?
Is now the right time to buy?
Q: Hi Whats the story on the fine market sure did not like the news is there more to come ?
it time to exit
Kind Regards
Stan
it time to exit
Kind Regards
Stan
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Bank of Nova Scotia (The) (BNS $101.87)
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Fortis Inc. (FTS $72.54)
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AltaGas Ltd. (ALA $41.08)
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Algonquin Power & Utilities Corp. (AQN $8.90)
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Enercare Inc. (ECI $28.99)
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Brookfield Infrastructure Partners L.P. (BIP.UN $47.70)
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Corby Spirit and Wine Limited Unlimited Voting Common Shares (CSW.A $14.50)
Q: In my husbands lif account we are going to need to replace enercare with safe dividend stocks. Sectors are not important. Current holdings are : A and W, BGI.un, Crius, Gamehost, RNW. Current dividends are greater than the withdrawal. We would be looking to add stocks whose dividends would be reasonable safe in an economic slow down.
How do you feel about the following strategy and please feel free to offer other suggestions or comments:
Bip.un, Bce, Alta gas, Bns-
Either fortis or Aqn
And then something with growth potential such as a corby ( as it has no debt) or transcontinental ?
We are also open to other suggestions.
Thank you.
How do you feel about the following strategy and please feel free to offer other suggestions or comments:
Bip.un, Bce, Alta gas, Bns-
Either fortis or Aqn
And then something with growth potential such as a corby ( as it has no debt) or transcontinental ?
We are also open to other suggestions.
Thank you.
Q: I was reviewing your model portfolios and noticed that you do not hold any bank stocks. Is there a reason why?
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Bank of Nova Scotia (The) (BNS $101.87)
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Sun Life Financial Inc. (SLF $86.11)
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Fortis Inc. (FTS $72.54)
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Algonquin Power & Utilities Corp. (AQN $8.90)
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Savaria Corporation (SIS $25.06)
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goeasy Ltd. (GSY $127.15)
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Exchange Income Corporation (EIF $94.09)
Q: What Canadian stocks would be considered dividend growers?
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Bank of Nova Scotia (The) (BNS $101.87)
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IGM Financial Inc. (IGM $67.11)
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Currency Exchange International Corp. (CXI $22.51)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ $6.07)
Q: I know these companies span the financial category and they're not comparing apples to apples exactly but I'm looking to maintain stable dividend income and long term growth. Assuming equal weight except for IGM (much higher weight), would you recommend a weight shift? An addition/subtraction of position?
Q: I currently have 0 financials in my RESP account, and have a 10-15 year time frame before the money is required. I'm putting new money to work, I can't see a reason not to buy BNS at current levels? I already hold it in RRSP and TFSA accounts.
Q: What are the reasons BNS Price to Book ratio is much lower than RY and TD ? Thank you.
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Toronto-Dominion Bank (The) (TD $128.72)
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Bank of Nova Scotia (The) (BNS $101.87)
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Sun Life Financial Inc. (SLF $86.11)
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goeasy Ltd. (GSY $127.15)
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Goldman Sachs CDR (CAD Hedged) (GS $46.33)
Q: Good morning...my financials listed above make up 12.8% of my portfolio. (TD 3.8, BNS, 3.3, SLF 3.1 and GS 2.6)..I was looking at changing it up a bit and selling GS and adding to either TD, BNS or SLF..dividend not a big concern...looking for a bit more growth potential in the Financials...what do you think? or other alternative..
Thanks
Thanks