Investment Q&A

Q: I am interested in investing in one or two of the Canadian banks.
I would appreciate your recommendation and comments.
Thank you ---Gary

Q: I would like to add BNS to my portfolio, but it is at its 52 week high. Do you still recommend buying it at this price? Or should I wait for a pull back? Also, BCE has been rated a hold by some analysts. Any idea why?

Q: Hello Peter and crew, I have been a member for just over a year and have to say my portfolio is up about 35% all thanks to you and your crew! I am 46 years old and will be retiring from my current career in 5 years. I will have a very good pension and will likely find something else to do. I am would say a bit aggressive in my investing. So here is my current holding all about equal in amount....except for aya which is currently 3X everything else...woohoo!!! I have placed a sell on 1/3 of my position. I hold BNP, SGY x2, TPH,AQN, CPX, CSH.UN, LRE, NPI, VSN, WCP, BEP.UN, CSE, PPL,RBI X1/4. I was going to add BNS with the sell of AYA.....do you have any suggestions, like a good replacement for BNP or others...I do like my dividends they have helped me grow with other purchases. But a good growth stock would be good too. Thanks Ed

Q: Hi Peter (and Crew),

I am totally pleased with the service you offer.

I rarely ask questions as I find accessing the questions database almost always provides the information I need.

I am looking to add a retirement holding to my TSFA. The time frame is a minimum of a 10 year hold. I am looking for cap gain and yield and am considering Chartwell (CSH.UN). Would you recommend it and if not, could you recommend 1 or 2 names that you prefer in this space.

Thanks for the wonderful service.

Q: I am considering selling TD Bank and buying either Bank of Nova Scotia or Capital Power CPX. TD has had a good run and I think BNS may provide more upside over the next 2 to 3 years. I also like Capital Power for it's 4.8% dividend and it's growth prospects over the next few years. For capital growth potential and dividend growth which would you prefer between BNS and CPX?

Thanks for your help,

Duncan

Q: Hi 5i People: Sent this question over a week ago and have not seen a response? I have $25,500 in my 13 year old grandson's RESP - was looking at TD,CNR,CPG, TRP - ideas appreciated - want stocks with drips and some growth if possible? Thanks, Tom

Q: Hello Peter & Co,
Would appreciate your opinion on the make up and segmentation of my RRIF portfolio.
Consumer discretionary 5.7% LNR MG
Energy 12.0% BTE CPG KEY TOU VET
Financials 10.2% BNS EFN HCG TD ZUB
Health 7.5% CXR GUD VRX XHC ZUH
Industrial/Transport 6.0% CHE.UN CCL CNR
Infrastructure 10.2% BAD BIP.UN SJ STN WTE
Materials 3.0% IFP
Pipelines 8.1% ENB IPL PPL
Retail 3.7% ATD DOL
Services 7.2% BYD.UN CGX THI
Technology 15.2% AVO CSU DSG ESL CGI MDA OTC
Utilities/Telecom/RE 8.5% ALA BCE BEP.UN TCN
Cash 2.8%
I hope I'm not asking too much of you guys and I know that I could do with less holdings.
Thanks,
Tony

Q: Bank of Nova Scotia's results look promising with a share buy back of 1% and strong earnings over last year. Can you comment and disclose estimates for the quarter please.

Thanks,

Eric

Q: what do you think of the banks right now is this a good time to buy for a long time hold. What bank do you prefer. thanks

Q: I have a question about Bank of Nova Scotia:
Given your last report was published Jun 2013, has anything changed since then? What are your thoughts on the planned divestiture of CI which was factored into your "Growth Plans" section.

Q: Greetings 5i Team. I am currently trying to add more CORE holdings to my portfolio. (Companies that I will hold indefinitely and add to on market pullbacks). After looking at your 'income portfolio" I would consider the following to be core holdings: Bank of Nova Scotia, BCE, Loblaws, Sun Life, and Telus. My plan is to add all of them to my portfolio. My questions are:
1. Am I correct in assuming the above mentioned companies are core holdings?
2.Do you consider others in your 'income portfolio to be core?
3. Which of these companies would be the best buys at current valuations?

Q: Hello Peter! I have 30K in my TFSA and I want to invest them in one or two of Canadian Banks or in bank ETFs.Please provide me with 2 good banks and 2 good ETFs names. In your opinion what is better choice for long time, single bank or bank ETF? Thanks.

Q: I am overweight with BNS in my rrsp account . I am prepared to sell
500 shares at $67.00 Is there any advantage in trying to do a covered call while i wait for the share to reach $67.00 and if so is there a risk I might have to
settle on a price below $67. I have never used an option in the past and want to know if it might be feasible in this instance .
Also I really liked the video did on the most popular 5 questions . It was very well done , relevant , clear , and brief . Hope more will follow ., When will the revised model portfolio be released . Thanks Rick

Q: Hi Peter:
I am retired with a modest pension, and a huge believer in asset allocation focused on Cdn dividend income. I have recently trimmed several positions to raise a bit of cash (now at 7%) to take advantage of a possible summer pullback. In equities I own AD, AQN, ALA, BCE, BNS, BTE, BA, CFN, CGX, CSU, CPG, III, PBH, TCN, WEQ, as well as 2 dividend funds and 1 REIT fund.

Do you see any red flags? Caution flags for me are CFN and WEQ. Once purchased, I normally like to give the stock "time to perform".

Thanks for your help,
Steve

Q: hi.What is your opinion about CM (can Imperial Bank ).Has it changed since your previous comments.Between BNS and CM which one is your choice and the strongest treason for it.Thanks and have a good day,ebrahim

Q: Are the membership fees an allowable tax expense for federal and Prov Quebec . Also I hold both BNS and TD . Which of these two banks would you sell if you needed to raise some capital . Many Thanks Rick

Q: Which Cdn bank preferred (s) do you recommend? What up/down side do you see w/instruments? Thx, hopeful new member Joel

Q: Hi Peter;
Which of the canadian banks has the highest basel 3 capital levels currently. Could we assume that the bank with the highest current capital level will be able to offer higher dividend growth going forward versus the banks that must still raise further capital to comply?
Many thanks for your insight.

Q: Hi Guys great job

What is your take on the big five banks for a long term hold Is there 1 that stands out

Thanks Mike b

Q: Is this the bottom for BNS? Could well be. The 200 day MA was touched but not breached and the Fibonacci touched the 50% retracement. And, the RSI 9 just regained the 30 line (30.43) and is climbing fast today.