Q: What do you advise about investing in banks given current market environment. What are the tipping points - pro and con? Which 2 or 3 banks [Canada or US} would you put on a watchlist?
Q: I've read the answers to previous ZWB questions and the risk seems minimal now with this decline in price to below $15, given these are Canadian banks. Are the two main risks, reduced bank dividends, and reduced or no income, causing further share price decline? What other risks may affect this ETF, and your thoughts on possible things that could cause a further price decline from here. Thank you.
Q: How do you feel about bns or the banks at these levels?
How much downside do you see if we re in a recession and oil price stays low for some time? I am tempted in view of the usual stability, yield, oligopoly, sustainable payout, etc.
Like most others, I'm licking my wounds tonight and strategizing how I might eventually make back some of the ground I've lost today. Thank you for the updated report and shopping list suggestions provided.
As well, I was thinking that there may be some good recovery opportunities within electronic transaction companies. I realize that interest rates, volume of transactions, etc., are some of the factors that will affect valuations, but the corona virus could be a boost for these companies if more of the world's consumers (especially in developing countries) move to a cashless society. I read that China is burning or disinfecting a lot of their paper money to help curb infection spread. Do you agree with this thesis, and if so, could you suggest a list of companies that could benefit? Could there also be boost to bitcoin adoption? Thanks.
What are you thoughts about Financial data and stock exchanges stocks. They are holding up quite well and will have less impact from the interest rate cuts and financial meltdowns. Which one would you recommend from the 4 companies listed at current valuation.
Can you quickly remind me how low (or declining) interest rates effect these companies? I'm curious if they, generally speaking, are positively or negatively impacted. I feel like they all benefit (money is cheaper for them to borrow for acquisitions - BAM, or loans - GSY), but I'm not too sure, especially with ECN.
Q: Good day Just wondering if u still have a positive outlook for BNS. I have a full position, This one has been lagging for a while. I was thinking of moving on to JPM. Your thoughts.
Q: With the current situation, what Canadian banks do you recommend that has the least exposure to energy sector?Secondly is Bank of America a good buy right now?
Thank you.
Q: In a taxable account I have TD and BNS each with $2500 losses should I sell for the capital loss and buy Royal bank. I have capital gains I can write off then
Q: David Baskin said the big canadian banks have not reduced their dividends since 1964
would you say the dividend is safe on ZWB and is it a good time to buy.
Q: All the banks are being hit today, but BMO seems to be getting hit the hardest. Is there a reason for this? I'm thinking of entering a half position looking at a 3-5 year timeline. What are your thoughts?
thanks,
Paul
Q: Was thinking of buying GSY in TFSA now that it has dropped to the 53$ mark. My only real concern is that we go into a recession and loan losses increase. Seems that their loans go towards higher risk borrowers and with possible job losses / lay-offs during a recession the ability to repay these loans decreases. Am I thinking correctly?
Q: I had been thinking abut buying JPM. How will the current market affect JPM and do you consider it a buy? At what price would you be interested?
ThanksJudy