Q: Canadian banks.
Is there ever a downside to deciding to place capital into Canadian Banks?
As a percentage of a total portfolio, to what maximum would you be comfortable in holding several Canadian Banks?
Q: With the American banks having strong earnings, do you see the same for Canadian banks when they report. Which banks do you prefer.
Read Answer-
Royal Bank of Canada (RY)
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Toronto-Dominion Bank (The) (TD)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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Bank Nova Scotia Halifax Pfd 3 (BNS)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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Topicus.com Inc. (TOI)
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Fobi AI Inc. (FOBI)
Q: Hello Peter,
For additional monies for a balanced approach, i was thinking of putting new monies into Nuvei (instead of Shopify), and rest into one of the banks. I already have Topicus. Does this make sense and if so, which bank would be best at current valuation? Fobi AI has had good news releases, yet stock tumbles. Any comments.. Thanks very much.