Investment Q&A

Q: I intend to take some money out of a savings account and put it into 3 or 4 rock solid (what a concept) TSX stocks earning divis
in the 3 - 5% range and looking at a 2 - 3 yr horizon. Would really like to see a list of stocks (with ratings) that you think would meet my requirement. Thanks again.

Q: Hello Peter and team
My daughter holds AQN and BAM'A in her RSP account and has to add one more position. Which of BNS or Telus would you choose to add as a long term hold? Could I have your opinion of this total selection disregarding diversification.
Thanks for your great service.

Q: My question is companies that will benefit from rising interest rates. I was wondering if you could give me a top three that trades in Canada and a top three that trades in the US...May one ETF too if possible. I understand that rates wont go up over night. I just want to start accumulating now for a 5-7 year hold to wait for rates to rise. I would prefer it if they paid a dividend as well.

Thanks so much
Jimmy

Q: I manage the investment accounts for a family member who currently has a very small pension, CPP and OAS with the OAS Supplement. Her Supplement is reduced by 50 cents for every dollar of investment income she makes so she is effectively in a 50% tax bracket. Her capital comes from the recent sale of her house and the money must be available for an assisted living facility in a few years. My problem has been finding stocks to preserve capital and minimize the 50% tax bite which impacts what she has to live on currently. I have used AV.UN which has no impact on her income now and TMC which does but provides a high income. I think capital gains would be better than dividends which are grossed up. Any suggestions for appropriate investments for a 6 figure account?

Q: Hi 5i, I have been slowly adding to my portfolio. So far it is all held in a TFSA with long term in mind. The listed companies are the current holdings (I don't know weighted percents off hand). Can you please recommend maybe 2-3 other companies or funds that would help to round out my portfolio? I plan to make regular contributions for the long term. All available DRIP's are being utilized as well to further growth. Do you see any current major issues with the current holdings?

Thanks 5i! Keep up the great work, you're much appreciated!

Q: How would you rank these 3 for growth for a younger investor over the next few years if you had to choose only one?

Q: Hi Any comments on bns results?
Stan

Q: Would like to add one safe stock with good divi to my portfolio. Have sector room for finance and telecom. Trying to choose between BCE & BNS. BCE has a negative with the CRTC regulators forthcoming ruling on the MTB takeover and also encouraging competition. BNS will no doubt be affected by the Alberta problem. Maybe I should be looking elsewhere? Would really appreciate your insight on this as always.

Q: CWB & NA recently declared provision for loan losses related to energy loans resulting in sharp drop in their stock prices.Meanwhile the big 5 Canadian banks are doing well with 4 reporting next week starting Mar.25 & BNS on June 1.What will the effect when they report their results & loan losses? Please advise if I should sell some of BNS & the 4 prior to release of results.Always appreciate your great services & views.

Q: Back in April you recommended SJ, KXS, OTC, and PBH to someone who was starting a TFSA , and all except for SJ have taken off...
I am trying to help a Senior who doesn't even own ONE stock .
I presume in his situation would you recommend the usual SLF, and BNS ?

Now that these stocks have already performed so well , should he wait for a summer pullback on these ?... or are there others that he should consider ?

Thanks so much

Q: Hi, I am an income investor and would like your opinion on the major Canadian banks right now. Do you feel that they are attractive at current prices as they are nearing 52 weeks highs? Or would you recommend holding off until they come down in price?
Which banks do you like the most for future growth?

Q: Can you comment on BNS and the large short position that is currently out there, as well as the $375-million pre-tax restructuring charge announced on Monday? How do you feel the stock will perform in short term. I would like to take a position in it but am wondering when to do it.

Q: Hi Team ... I am up nicely on BNS and will be selling some in order to maintain a proper weighting within my portfolio. I'd like to redeploy the proceeds within the sector and am looking for a company offering a nice yield as well as good growth potential. I'm leaning towards Fiera Capital (FSZ) and would appreciate your thoughts. Also, any other candidates I could be considering?

Q: With today's low interest rates, what would you recommend to retirees to achieve a relatively low risk 5% return? I really appreciate your service.
Thanks,

Q: Hi Peter,Ryan et al. My daughter age 32 has $32K to invest in her TFSA. My initial thought was a half position in CAO and KXS along with full positions in BNS. ATD.B CTC.A,PBH,
and HCG. Any suggestions and comments would be appreciated for at least a 3 year time frame.
Thanks in advance.
David

Q: Good Morning
I hold 4 Canadian banks CM, TD, RY and BNS in an unregistered account. The bank stocks comprise just under 20% of my portfolio and each has approximately a 50% capital gain. My only other financial stock is a 2.5% position in PWF. Capital gains in my account this year will likely be taxed at 15%. I am considering selling one of the bank stocks (perhaps CM) and investing the proceeds in SLF. I have chosen SLF for it's relatively low valuation and secure dividend.
Is reducing the allocation to Canadian banks appropriate, or does the tax which has to be paid cancel the benefit?
Which bank would you sell?
Is SLF a suitable alternative or is there another company that you would prefer. I already have full positions in CNR and BAM.A.
Thanks
David

Q: Hi, I’m a young professional and just getting started in ETF/stock investing. I’m hoping that you can recommend one Canadian ETF, one international ETF and one stock (preferably one of the big banks or another high dividend paying option). My risk tolerance is medium considering that I may want to sell in 1-3 years for a down payment on a house. Thanks!

Q: When researching dividend stocks I always check the "payout ratio". Most of the time this information is not available. Is there a web site that includes this information when researching a stock without doing it mathematically?

Thanks.

Q: In an earlier reply on BNS you said it was up 12% over the year well ahead of other Canadian banks. Looking at 1 year chart from TMX shows BNS -1.29 over 1 year, BMO 3.91%, CM 6.25%, TD 3.49% and RY -1.5%. This data does not include dividends. Also looking at 10 year data you see significant differences in performances between Canadian banks and this was the same 15 years ago. Unfortunately, I could not paste the graph to prove my point but you can easily compare stocks using TMX Money over various time periods.
Steve

Q: Referring to Edwards question, as I am a shareholder as well--
Today is x-dividend for BNS which I think has a bearing on Stock Price