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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: Hi Peter,

Being a retired person looking for safe dividends I have full positions in The Royal Bank, TD and Bank of Nova Scotia. I was wondering about doubling my BNS shares.

My thinking is that the dividend is safe and BNS will probably continue to be around a long time from now and the price I am paying for the shares seem to be cheaper than most other businesses at approximately 11 times earnings. Where for example to buy Telus is approximately 18 times earnings.

(as an FYI, I also have Railroads, utility's, pipelines, telecoms,oil, gold, reits, Life co's)

Warren Buffet says to buy things that are on Sale.

Just wondering what your opinion would be on this thought.

Thank you,
Charlie
Read Answer Asked by CHARLES LA on October 16, 2015
Q: Hi Gang

I am presently overweight in Financials. I hold BNS, TD, SLF and BNS. Of these, my BNS has been the weak sister in the past 2 years. I am thinking of selling my BNS because it will trigger the lowest capital gains, and with the proceeds purchase DH. My thoughts are this will keep me in the "area" of banking, but also improve my diversification since I am much lower in the Tech area . I realize I will sacrifice some dividend income, but am prepared to do that if my overall reasoning is logical. I am aware BNS is supported by you, but so is DH.

Your thoughts please.

Thanks
Read Answer Asked by Peter on September 28, 2015
Q: Hello Peter & team, Seems BNS is the "winner" here. It could be affected by being exposed in L.Am. to miners PLUS being affected the MOST of all Canadian banks due to its exposure to oil/gas sector in Canada, with "cracks" starting to show in Q4 and early 2016 (as the article suggests). And who knows for how long low oil prices will persist....maybe it will stay low for ever due to supply that keeps growing. Would you pls. comment on this article.

http://business.financialpost.com/news/energy/cracks-may-begin-to-appear-in-canadian-bank-earnings-as-oil-downturn-persists

Thank you!
Read Answer Asked by Silvia on August 17, 2015
Q: Hi Team

regarding the canadian banks in general:

1. why have they started the year down so much ?

2. with the sudden drop in interest rate by the Bank of Canada, how do you think this will affect the Canadian Banks ?

3. Is there any reason to hold back on buying in on the banks for any foreseeable issues in the next 3 months ?

4. of the big 6 including national, can you rank them in order of

A. overall growth and
B.future likelihood of dividend increases.

thanks

Ernie
Read Answer Asked by Ernest on January 26, 2015
Q: Hi Peter & team, BNS and all banks keep falling....do you expect more downside? Also, if a stock trades in the US and Canada (like BNS does) do you check both exchanges to get a better"feel" before you buy/sell? I ask this because BNS in the US has come down to the level of February 2014.....are we to assume BNS Canada will also get down to its low of February which would be ~58.00?

Than you!
Read Answer Asked by Silvia on January 14, 2015
Q: Congr for great results--29.3%(after 34.1% in 2013),which beat 10.4% for TSX Note you reduced weighting in AYA & used proceeds to add to WCP,BDI & FN.Why not BNS,which together with CM & NA were 3 of the most battered big 6 can.banks the last month.Repotedly,some funds in US was selling can banks today & lately.Thanks for your usual great advices & services.Peter,welcome back from your vacation.
Read Answer Asked by Peter on January 07, 2015
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