Q: I have a position in BAC I have held for a while, sold over the years but still have a good sized position. Do you see any advantage of switching to JPM at current levels. Thank you.
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: Any strong objections to doubling down on CHW. I have owned it for many years. It is a riskier play then buying TD but the upside on the rebound is likely bigger at current valuations. They will get hit hard by covid but my feeling is that is built into the current price. I doubt the current 20% div yield is sustainable but they should be in a position to payout something monthly for some income while folks wait for the rebound. With the +50% drop I would double down to get me to my old weighting.
Q: I realize it's small, but is it solid? Dividend safe? Dividend history? Who does this bank cater to?
Thanks
Thanks
Q: I bought a half position in this company in January and am looking at buying more with the pullback.
I'm curious if you think the dividend looks sustainable going forward. in 2019 it looks like they payed out more in dividends than they earned.
Your thoughts would be appreciated! Thanks
I'm curious if you think the dividend looks sustainable going forward. in 2019 it looks like they payed out more in dividends than they earned.
Your thoughts would be appreciated! Thanks
Q: Hi Peter,
Atrium announced yesterday that it will redeem its convertible bonds a month early (from end of June to beginning of May 2020). What is the purpose of this? Also, is it common for companies to have double digit dividend yields and not have any cuts? I understand that mortgage investment corps are more unique as they have to pay out all of their income which explains the high payout ratio (it's expected).
Atrium announced yesterday that it will redeem its convertible bonds a month early (from end of June to beginning of May 2020). What is the purpose of this? Also, is it common for companies to have double digit dividend yields and not have any cuts? I understand that mortgage investment corps are more unique as they have to pay out all of their income which explains the high payout ratio (it's expected).
Q: Hi 5i team,
Is there a canadian listed ETF that you'll recommend that invests primarily in US big banks like JPM? When do you think the US financials will recover from the turmoil caused by the pandemic? Thanks.
Is there a canadian listed ETF that you'll recommend that invests primarily in US big banks like JPM? When do you think the US financials will recover from the turmoil caused by the pandemic? Thanks.
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.
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 $199.63)
-
Toronto-Dominion Bank (The) (TD $106.32)
-
Bank of Nova Scotia (The) (BNS $87.74)
-
Bank of Montreal (BMO $174.93)
-
Canadian Imperial Bank Of Commerce (CM $109.59)
-
National Bank of Canada (NA $149.45)
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 }