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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: What can you report on this company? Many thanks.
Read Answer Asked by MG on August 12, 2015
Q: Hello Peter,
I know that past returns are not always indicative of future returns, but looking at the returns and dividend increases of the past 15 years of the Canadian Banks and Enbridge, I am assuming that I may not get the same returns but am expecting atleast 7 percent return on the capital if I take a 10 year view. This is on the basis of the past and looking at the viability of the companies and their dividend payouts (Banks and Enbridge). As an example, If I invest 100k across the banks and Enbridge, my dividend would average about 3500K per year (approximate). 10 years from now, I am assuming the stock portfolio would go to 200k and result in a dividend of 7000k per year (3.5 percent of 200k or 7% of the original investment). Does this strategy makes sense and also should my total weight of the banks and Enbridge not exceed 20% ( assuming I am a medium risk investor). I am basically looking to invest a portion of my RRSPs into the banks and Enbridge and leave it for the long haul. If you feel i can increase my weight and add other sectors to the mix that can give me similar results, please advise. Any comments please
Read Answer Asked by umedali on August 10, 2015
Q: Could you please comment on Terra Firma and echelon financial's latest earnings announcements. I'm looking at adding to both. Especially Tii.
Read Answer Asked by Scott on August 10, 2015
Q: whats your view on their quarter, new divended policy of 0.70 per annum, you always said a stock that start paying a dividend is really a good sign, would like to have view on this stock. thanks!
Read Answer Asked by samuel on August 07, 2015
Q: Why do you like the prospects for Sun Life relative to Great-West Life. GWO appeared to be in better shape to manage the financial crisis of 08/09 and would that not indicate that GWO is a better managed company?
Read Answer Asked by Ian on August 06, 2015
Q: Could you comment on the latest results, payout ratio, dividend growth? Thanks for your service
Read Answer Asked by Ozzie on August 05, 2015
Q: Your comment on their earning , dividend increase again all metric look good, impressive AUM increase. Look like a good buy these level.
thanks!
Read Answer Asked by samuel on August 05, 2015
Q: Do you think the better run asset managers like Invesco are good value around US$39 ? If you have other suggestions, I would be thankful for suggestions you care to make. Thank you .
Read Answer Asked by Adam on August 05, 2015
Q: Hi, looking to add an American insurance company to my portfolio. Any recommendations on a couple of potential candidates that has a reasonable value entry point?
Read Answer Asked by Alberto on August 05, 2015
Q: I am 30 years old and have a fairly diversified portfolio. I own a small portion in financials already but I currently do not own any of the major Canadian banks. Do you think it is good timing to get into the Canadian banks considering my long time frame? Also would you look at an ETF such as ZEB or would you suggest picking 1 or 2 banks? I am currently looking into TD and Scotia.
Read Answer Asked by justin on August 05, 2015
Q: What is your opinion of selling puts underneath the stock - I was thinking of october 27 or 28 puts (the premiums are quite high given the recent volatility) - as I would get either the premium or the stock at a much cheaper price? This assumes, of course, that the company remains solid. If I find out anything that is fundamentally wrong, I would buy back the puts quickly and take the loss, but the loss would be much less than would be the case by owning the stock outright. I am very aware of margin issues and use it in this easy very judiciously.
Read Answer Asked by arnold on August 05, 2015
Q: I have been patiently watching this company go down over the last year more than other financial stocks. I hold this stock in several accounts and think that perhaps I should sell in those short term accounts (resp) and only hold it in my resp which has a longer time frame. Or is it just dead money and I should move to another stock.
Thank you for your insight.
Maggie
Read Answer Asked by Maggie on August 04, 2015
Q: Would appreciate your comments on the recent drop of the stock.
Read Answer Asked by Peter on August 04, 2015
Q: The influential Barron's magazine wrote about this company recently with some specific concerns.
1. This is no longer a growth company. It deserves only a market multiple for a subprime lender which is 1X book value and not 1.5X which means a 35% lower stock price.
2. They have razor thin margin to protect against a possible downturn in the overheated Canadian housing market with salaries not rising.
If these concerns are valid. I have a feeling the bears will pile back in. What is your view? Thank you.
Read Answer Asked by Francis on August 04, 2015
Q: Hi,
I'm looking for stocks or funds with dividend.
What are you thinking with these, with nice revenues, or perheps too nice ?
Thanks in advance.
Francois
Read Answer Asked by FRANCOIS on August 04, 2015
Q: Hi- what do you think of Chesswoood? Results looked good again.
Thanks
Read Answer Asked by Pat on August 03, 2015