Investment Q&A

Q: I am light on Canadian Financials, I only own CXI.to right now. What are your best financial picks for growth?

Thanks!

Q: two US Bank ETF's - 1 headged to CDN $. Would it better to buy the unheadged ETF if we expect the US $ to go up?

Thank You

Q: I baught NA at 49.25 and I will soon be back to my purchase price, should I sell this position and buy another Bank stock {which one}or just stay with NA.
This is the only bank stock I own
Thanks for the info

Q: Good morning Peter,would you please list these 4 stocks in preference order .Thank you !

Q: What stocks to sell short if Canadian housing bubble burst? I know the benefits and risks of shorting. As well as the fact that many believe that housing prices would ever go down. Obviously, I have a different opinion and would like to have your objective answer.

Q: I am considering adding some lifeco to my portfolio due to what appears to be a rising interest rate environment. Currently banks are at 8%. As Sunlife has recently had a run up I was thinking of FLI as a play on both US and Canadian lifeco's with some covered call protection . Do you recommend this strategy as opposed to individual companies and if not what lifeco would you recommend ? Buy now or wait for US policy in December ? And do I need to deduct FLI's mer of .93% from the indicated yield of 5.35% to find the true return ?

Q: Could I have you opinion on FFH at this time
Thanks Johann

Q: i have this as an income stock for the divident but it seems to be dropping faster then the payout
as well i had origonally bought it for some capital appreciation
do you see much more downside or any potential upside

Q: What's up with this stock today? PR sounding all proud and confident and the stock drops,6% on heavy volume.

TIA

Q: Peter and Ryan,
I currently have equal exposure to BNS and TD in my portfolio. In light of the recent American election, would you sell the BNS holdings to buy more TD? (TD is acting much better post election). Both companies are held in my RRIF account.

Supplementary, if I wanted to add American Bank exposure, which ETF would you suggest adding to the same RRIF account?

As always, thanks for your much appreciated guidance.

Q: Hi. BNS has dropped while the price of other banks, particular TD, have been rising continually after the US presidential election. At this moment, which bank would you pick to invest and which one has the most potential? Thanks your insight.

Q: Hi Peter and team
GS announced their year end numbers on Friday. Can you give me your view of their results and in particular, why this stock has sold off so dramatically over the past 3 years. They pay a decent dividend and occasionally a special dividend. Are some investors confusing them with others marketing MF's like Investors Group and CI Financial whose business is in decline?

Gerry

Q: I own 4 Canadian financial institutions (BNS, CM, RY and TD). No exposure to life insurance companies or U.S. financials. I would like to avoid U.S. financials. I find it very hard to trust management and it seems like there is always a scandal at a major U.S. bank. I use to own Wells Fargo thinking it was best in breed and they couldn't even avoid scandal. With the advantage of the CDN dividend and BMO and TD's exposure to the U.S. I prefer to get exposure to the U.S. that way.

My question is whether I should sell CM since it is more exposed to the CDN economy than the others and purchase BMO instead for their U.S. midwest exposure? I am not opposed to getting U.S. banking exposure through an ETF like XLF perhaps. Which strategy do you favour? Each bank is currently 3-4% of my portfolio.

Thanks,
Jason

Q: About Mark's question, on Twitter, @CdnMortgageNews posted this yesterday: "@EQBank says > 1/2 of its 2016 YTD prime single-family securitized mtgs would not qualify for insurance under the new rules. Src: RBC". Could be a reaction to this. Hope that helps.

Q: Any thought on Equitable Group's latest results? Share value is down over 5% on news of increased dividend, increased EPS and increased ROI. Is this because of the mortgage market overall in Canada?

Q: CIX was purchased at $32.61 in March 2015 - being involved in mostly mutual funds what is your opinion on this stock going forward - do I hold or sell even though it pays a good dividend
Thanks - Hanna

Q: CHW raised dividend now stock is suffering. Bought some should I but more?

Q: Please provide two ETFs on US banks / llifeco that you think would do well in the next 2 years! Thanks!

Q: Hi there

I was thinking of investing about 2.5% of a diversified portfolio in Fairfax Financial as a bit of a hedge on the maket not really going the way it is going now - up. But I see today Fairfax is removing many of it hedging positions betting the market would decline. Two questions:

1) Will this cost them much to get out of these contracts and will this affect their next quarter results?

2) Given it has pulled way back from its highs do you see it as a buy here?

Much thanks

Stuart

Q: Subsequent to TD'recent $600m offer,GMP stated that it will retain its stake in Richardsons GMP.As a result both GMP & its Pref.B dropped.Reportedly,any 1 of the 3 owners(Gmp,its investment advisors & Richardsons family) can trigger a sale after Nov 15.Please update situation.Also,how much is TD's $600m worth in terms of the stock price for GMP.Appreciate your usual great advices & services.