Q: Your answer to Francois's Mar 19 question on EL suggests that they lost money in 2019... I believe that's incorrect and it looks like last yr they likely had one of the lowest if not the lowest of PE's of the companies compared. That being said I understand your reasons for preferring SLF.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: In most bear markets I would turn to a security that is negatively correlated to the equities, such as TLT. However with interest rates at historic lows, can there be much more upside to TLT?
Q: Please comment on updates on Apr 1.It did issue another one o Mar 25.Txs for u usual great services & advices
Q: Please provide your comments on The Westaim Corporation.
What is their chance to sustain the very high dividend.
Thank you
What is their chance to sustain the very high dividend.
Thank you
Q: I understand that a covered call ETF will produce lower highs and higher lows compared to a non-covered call ETF. However, what would cause the ETF's to have an inverse relation on a trading day? For example, if we take ZEB and ZWB, I noticed on some trading days in the past (even before the current volatility), one ETF would be up a few % points, while the other ETF would be down a few % points.
Q: Haven't seen an analysis of this newish millennial based finance concern lately. They say they have a million plus clients and their advertising seems to be on target in this new financial world. How does their latest $ #'s release stand up to your fiscally grounded scrutiny??
Q: UK Banks have suspended their dividends for remainder of 2020...do you see that as something that has a decent chance of happening here in North America? Thank you.
Q: Thoughts on buying this? It is up 10% so maybe I missed the buying window?
Q: Good morning,
Given that CEW includes Banks and Lifecos' and assuming that low interest rates will be with us for some time, I would appreciate your thoughts about selling CEW for tax loss harvesting purposes and purchasing either an exclusively bank ETF such as ZEB or purchasing two banks with the proceeds of the CEW sale. Also, could you also recommend two banks that you would recommend purchasing at some point with the proceeds of the CEW sale. Thank you.
Francesco
Given that CEW includes Banks and Lifecos' and assuming that low interest rates will be with us for some time, I would appreciate your thoughts about selling CEW for tax loss harvesting purposes and purchasing either an exclusively bank ETF such as ZEB or purchasing two banks with the proceeds of the CEW sale. Also, could you also recommend two banks that you would recommend purchasing at some point with the proceeds of the CEW sale. Thank you.
Francesco
Q: I am aiming to have a portfolio with 2 solid companies in each of the 11 sectors. Do you feel SLF and X would be sufficient for allocation to the financial sector? Or would you suggest adding a bank (RY) to provide better diversification? Thanks in advance.
Q: If you were to invest in only 2 Specific Big Canadian Banks at this time, which are the most solvent to weather the storm. Which would you avoid?
-
Royal Bank of Canada (RY)
-
Toronto-Dominion Bank (The) (TD)
-
Bank of Nova Scotia (The) (BNS)
-
Bank of Montreal (BMO)
-
Canadian Imperial Bank Of Commerce (CM)
-
National Bank of Canada (NA)
Q: I have just read that the European Banks are going to stop paying dividends and that the US banks are under a lot of pressure to follow suit. Do you think that The Canadian Banks will also suspend dividends?
Q: With everyone staying home I would expect the amount of car accident claims to be much lower. Do you think it would make sense to invest in an insurance company like Intact?
Q: In a recent question I asked how to proceed in investing the 30% cash I had during this period of volatility. 5 I recommended a slow procedure... I also mentioned that I had already taken a 4.6 % position in JPM and 5 I commented that a slower approach was recommended. It promptly dropped 10% after the question.... But with the current rally is now up 5% . So the question is do I sell half to get back in line with 5 I's slow approach through the volatility or let it ride ? { there are no tax consequences to selling as it is in a RRIF }
Q: Just a comment about your answer to Stephan's March 26 question regarding Genworth (MIC). You mention that Genworth's payout ratio was over 95% in 2019, but that was just because of all the special dividends they paid out. The company paid 5 (yes, 5) specials totalling almost $9.00/share between Jan 1, 2019 and Feb 29, 2020. The regular dividend is only 54 cents a quarter, or $2.16 annually, compared to 2019 net earnings of $4.92/share, so the regular dividend is very well covered, and I doubt you will be seeing any more specials for a while. Of course, the net income this year will likely be lower.
Q: If DFN moves over $5.00 per share in April will they reinstate the dividend for May ?
Q: Assuming markets will tank again, which would you suggest be purchased for a long-term hold at that time: BAM.A, SLF or TRI? Retired investor looking for dividends with some growth.
Many thanks to the entire 5i team for your collective efforts to provide us with timely, thoughtful information and a much-needed balanced perspective during this most challenging of times.
Many thanks to the entire 5i team for your collective efforts to provide us with timely, thoughtful information and a much-needed balanced perspective during this most challenging of times.
-
First National Financial Corporation (FN)
-
MCAN Mortgage Corporation (MKP)
-
Atrium Mortgage Investment Corporation (AI)
-
Firm Capital Mortgage Investment Corporation (FC)
-
Timbercreek Financial Corp. (TF)
Q: Hello 5i Team
Could you please provide an update on the mortgage investment corporation.
Are they a reasonable source of higher yield interest income?
The four MIC and First National have suffered the declines similar to the market.
These investments would be held in my RRSP for long term interest income and not for capital gains. These would be a small portion of my high yield fixed income portfolio which includes corporate bonds and convertible debentures.
How did MIC fare in the low interest rate environment after the 2008 crash / recession as most stock charts only go back 10 years.
Thanks for the excellent advice in the last four weeks with all the market changes.
Could you please provide an update on the mortgage investment corporation.
Are they a reasonable source of higher yield interest income?
The four MIC and First National have suffered the declines similar to the market.
These investments would be held in my RRSP for long term interest income and not for capital gains. These would be a small portion of my high yield fixed income portfolio which includes corporate bonds and convertible debentures.
How did MIC fare in the low interest rate environment after the 2008 crash / recession as most stock charts only go back 10 years.
Thanks for the excellent advice in the last four weeks with all the market changes.
Q: How do you think Thomson Reuters will go moving forward
Thank you
Peter
Thank you
Peter
Q: I have held timbercreek in my rrif for a longtime appreciating it's dividend but little growth. This seems to be a dim outlook for the mortgager in this market as it lost 5% yesterday despite the rally. Is it better that I sell?