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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: I wish to buy CDN cos that pay their dividends in US $ for my Scotia ITrade non registered account. I do not want the divs converted to CDN $ but go to a US $ bank account for US vacation. How do I set this up? Can I buy the stock with CDN $ (on TSX) or am I going to have to buy on an American exchange in US$. Scotia has told me the divs will converted to CDN then converted back to US (with fees for each conversion of course).I am not getting a clear answer from Scotia as to do this.
Your (or members) advice is appreciated.
Derek
Read Answer Asked by Derek on June 01, 2018
Q: Peter and His Wonder Team
Earlier today I wrote in about GES quarterly report. All factors considered I thought it was positive and showed progress. In your reply you said the turn around was moving "nicely". I agree with you. However Mr. Market sees it differently. The stock is crashing...down over 15% on heavy volume. So what do you think is going on. Were expectations too high? Is this just profit taking on a stock that has doubled this year. I think this stock must be a day traders delight for it seems very volatile. Your thoughts please.
Thank you!
Read Answer Asked by Ernest on June 01, 2018
Q: Greetings 5i team,

I am not sure i fully understand the risks associated with this floating rate ETF. Can you explain to me how they are paying out such a high dividend when the the underlying assets do not. In addition, is there an equivalent US ETF you would recommend. I need income in both Canada and the US!
Cheers
Read Answer Asked by kelly on June 01, 2018
Q: the stock was down because the FDA placed a hold on its sickle cell drug until some questions are answered. It was down 20% overnight but now down 9%. Is it time to sell?
Read Answer Asked by hal on June 01, 2018