Investment Q&A

Q: Hi Team,
What is your opinion about FFH? Is this a buy at the current price for 2-3 years time, or do you see it go further down? Thanks

Kuldip

Q: Which Canadian financial ETF would you e-recommend at this time. I have zero exposure to banks, or telcos.
My only Canadian financial is GSY.
I was considering xfn or cew.
Or if you have another preference.
Or, would you recommend you suggest buying 2-3 names (if you list your top ideas).
Thanks

Q: Latest thoughts on WD?

Q: Good morning, quick question. If I sell a bank share (say CIBC) at a loss and immediately buy a different bank share (say RBC) does the loss stand for CRA purposes? Do I have to buy outside the financial category if I want to ensure my capital loss from CI stands? Is this clear with CRA or am I best to wait thirty days before buying another financial? Thanks

Q: The stock has gone up quite a bit since earnings were announced. Do you think there may be some consolidation and chance to pick up in the mid 40’s or are you comfortable buying here

Q: Hello 5i,
This is a general question on investing. Say if i own TD, for instance, and i don't want to lose it, or something similar to it. Is it a reasonable practice to sell a covered call on TD and at the same time and roughly the same date, sell a put on something like BNS. I don't really mind if i end up owning the both of them, either.
Thanks

Q: I am retired and rely on dividends. I have owned JPM,RY,TD & BNS for a while. The only bank that I am in a loss position is BNS. I am thinking that BNS will continue to lag the other 2 due to the latin america markets they operate in and the ability of these markets to recover from Covid 19. My thought is to sell BNS and put that money to work in TD. Your thoughts?

Q: Hi,
which two Canadian banks have the highest exposure to the energy sector? Same question but to the mining sector?
Thanks,
Dan

Q: Good morning,

Thx as always for your terrific insight. With the recent move in SQ, would you use a move to STNE being a decent move seeing that it has not recovered nearly as well? Worth holding both?

TIA

Q: My daughter's mortgage is up for renewal in December. The bank called and offered to renew early. She is currently paying 2.64% (5 yr fixed) and they offered 2.87%. She was asking my thoughts on what rates might do over the next 5 years and whether to take their offer?

My initial thoughts are a) USA-Cdn rates will probably go lower (and possibly negative) to stimulate the economy; b) the bank is calling now to try to lock in her mortgage at a higher rate as opposed to in December when rates will most likely be lower. My guess is to decline the offer.

What does your crystal ball show regarding interest rates over the next 5 year period?

Thanks...Steve

ps We bought our 1st house at 20.25% and our lowest rate was 8%. So from that perspective, at sub 3% who cares?

Q: Hi 5i
Earnings fast approaching for banks. If banks increase loan loss provisions do u see this as negative for banks and how do you see impact on BMO and LB share price over short/long term if this occurs.
Thx

Q: Thoughts please on the quarter. Thx

Q: I’ve continued cautiously to hold GSY, not withstanding strong unemployment numbers which have to affect the company’s ability to avoid bad bets. Tomorrow will report some dismal news on jobs but today GSY stock, even after a recent lackluster reporting, up 23% as I write. Makes me think there is no logic in these current market conditions, that favorable or dismal stock performance could affect any company at any time. I’m getting very skeptical about the markets and as a senior, this is becoming quite unnerving. I’d appreciate your valued comments.

Q: Could you please comment on their results and outlook?

Thanks,
Milan

Q: IN FEB. 2020 I SOLD VISA , THINKING I WOULD BUY PAYPAL BUT I NEVER DID. IS IT TOO LATE TO BUY PAYPAL NOW? HERBERT

Q: Hi there,

Which would be your preference today with a bit of growth and a dividend for a retiree?

Q: Hello Team,

Currently own ECN, down 15% on this one. I have been eyeing BMO for awhile now. Comparing BMO on a one year chart it lags and dropped the most from the other big banks, down roughly 35%. However, at roughly 68$ isn't it an attractive entry point?

Can you please explain why BMO lags? And second, would switching ECN to BMO be a good move or simply stick with ecn?

Thank you and have a good day!

Q: I own ING and has been disappointing. Was considering moving it "in kind" from my margin account to my RRSP account. was wondering if this would allow me to take a tax loss on it, or would I have to sell it outright and repurchase it in the RRSP. You have any recommendations on it?

Q: Comments on their earnings please.


Sheldon

Q: In the financial sector, which is more likely to cut a dividend, the big 5 banks or the insurance companies SLF, MFC, POW ?

I am assuming it is ok to count POW as an insurance company or should it be viewed separately all together.

Kindly rate the likelihood on a scale of 0 to 10 for banks versus insurance and any differences you might see amongst the insurance companies.

Zero being less likely to cut a dividend.

I am asking this as a dividend investor who doesn't like buying a company that cuts dividends.