Q: You mentioned that investors should consider trimming banks when they push beyond 15X forward earnings. Where do each of the banks trade, ie multiple., at this time?

Q: The big 6 Canadian Banks? I do not know why many investors have an aversion to the banks? Over the last 15 years the capital appreciation and dividend compounding have been second to none. I own a good portion in my varied portfolios and all have performed extremely well with the exception of BNS. I have a friend who invested 15 years ago in the banks $1.5 M - now over $8M and generate a lot of income for him. I think he owns now about 40,000 shares. I think most if not all portfolios should contain a good helping of the Canadian banks. He is my age 77 YO.

Q: Which Canadian Bank is your favorite right now, and why ? P/E, loan losses, strengths ?