Q: Hello, I am overweigh Tesla as I love the product and observe it is family of products including EV's, Energy production (Solar) and retail (Supercharging). All with revenue growth potential. My question has to do with trading volume. Over the last few weeks I have observed Tesla's trading volume at multiples of the big guys, say Ford and GM. A few minutes ago, Ford traded about 5 million shares, GM 2 million and Tesla 25 million. Can you comment on the interest in Tesla and how it could factor in the future stock evaluation ? How important is trading volume ? Thanks for your excellent service.
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: Question regarding the topical issue of bank defaults...
I have seen many discussions lately regarding Canadian deposit insurance / investor protection fund (including Peter's recent 5i article) but...
What happens to stocks owned in a brokerage account if the brokerage becomes insolvent?
Am I not the beneficial owner of these stocks?
So I am wondering why the $1M coverage under the CIPF would even be an issue.
Would my stocks not just be transferred to my next brokerage account or directly to me in the case of default?
Would one need to even worry about stock holdings >$1 million at one particular brokerage?
Thank you for answering a question I have never found an answer to.
I have seen many discussions lately regarding Canadian deposit insurance / investor protection fund (including Peter's recent 5i article) but...
What happens to stocks owned in a brokerage account if the brokerage becomes insolvent?
Am I not the beneficial owner of these stocks?
So I am wondering why the $1M coverage under the CIPF would even be an issue.
Would my stocks not just be transferred to my next brokerage account or directly to me in the case of default?
Would one need to even worry about stock holdings >$1 million at one particular brokerage?
Thank you for answering a question I have never found an answer to.
Q: We all agree it is very positive when insiders buy shares. But I found it mean not too much when it is done by a newly appointed director. As far as you are aware, do they receive remuneration up front conditional of such purchase or similar gimmick?
Q: Hi . Bloomberg today (28/3) reports that Cdn banks are pushing for a boost to deposit insurance. Does this mean they want to reduce the risk is of being unable to cover the 100k limit or do they want a higher limit? How do you interpret this move by the banks? Thank you for sharing you much appreciated insights.
Q: I understand that, on its ex-dividend date, a dividend-paying stock will likely decline in proportion to the value of the payout. Knowing that, can one do anything to avoid getting caught in a rush-to-the-exits? For example, while WFC declined by $3 (that is, by the payout value) on the ex-dividend date, it continued to decline (by an additional $2.50) over the following two days (it has since recovered.)
In this connection: where the exchange supports trading outside of regular trading hours, does the 'ex-dividend date' still align with the regular open?
In this connection: where the exchange supports trading outside of regular trading hours, does the 'ex-dividend date' still align with the regular open?
Q: This is in regard to Mark's recent question and Jim's comment about TFSA trading. I use BMO Investorline and I have never experienced the issues they describe.
For my most recent trade a month ago, I sold VET and within minutes bought EIF (and no, there was no cash in the account). The transaction was just as straightforward as they are in the unregistered account - no notifications, no charges.
(Perhaps because Jim was buying a GIC rather than a stock?)
Chris M.
For my most recent trade a month ago, I sold VET and within minutes bought EIF (and no, there was no cash in the account). The transaction was just as straightforward as they are in the unregistered account - no notifications, no charges.
(Perhaps because Jim was buying a GIC rather than a stock?)
Chris M.
Q: Do you recommend a buy and hold approach or timing the market ? I am currently dollar-cost-averaging once per week into SPY, as I do not have much time to follow stocks. What do you think of this approach for someone of middle age with 20 years until retirement?
Q: I have a margin account at questrade. In an answer today you gave me the impression that these accounts are not covered by CIFP. Please elaborate. Thanks, Peter.
Q: Good morning
I have never been too concerned about bank failures here in Canada. But the many questions about protecting one’s account has stirred me a bit and made me wonder if i am too complacent. We had our accounts at different institutions but i was happy to consolidate them with just TD. You say the best way to protect one’s self is to make sure non registered accounts are under one million. Is it worth all the trouble to do that? I know that this is quite subjective but i would appreciate your take on it
Thanks as always
I have never been too concerned about bank failures here in Canada. But the many questions about protecting one’s account has stirred me a bit and made me wonder if i am too complacent. We had our accounts at different institutions but i was happy to consolidate them with just TD. You say the best way to protect one’s self is to make sure non registered accounts are under one million. Is it worth all the trouble to do that? I know that this is quite subjective but i would appreciate your take on it
Thanks as always
Q: Good morning
I have registered accounts but also 2 non registered cash accounts with 2 different banks..BMO AND TD. MY TD account is well over 100 thousand dollars. Is it protected or should I divide it.? Should part of it go into a third bank? Sorry for the confusion. Thankyou as always
I have registered accounts but also 2 non registered cash accounts with 2 different banks..BMO AND TD. MY TD account is well over 100 thousand dollars. Is it protected or should I divide it.? Should part of it go into a third bank? Sorry for the confusion. Thankyou as always
Q: PXMD By 11:00 today it has traded almost 12 million shares which is the total shares outstanding. There is no news release. Something similar happened with this company not so long ago. Shouldn't regulators care about this. Atleast a halt.
Q: Good morning. I'm wondering about the insured limits on our investment accounts. I have all our investments online with a major Canadian bank. My wife and I have several accounts, registered and unregistered. We have a number of GIC's in these accounts along with the usual mix of equities ( individual companies, ETF's) . The GIC's are issued by a range of issuers and none exceed 100K. I have no real fear that our banks will fail but am curious about how much insurance is there in place for investors like myself. Is there an optimal way to protect our investments or are we already doing it? Thank you for your patience. al
Q: I have a question about CIPF (Canadian Investor Protection Fund). The latest numbers for this fund state that it only has about $450 million in funds. I recently read that, in 2021, Canadians had about $2 trillion in their investment accounts. So, all CIPF funds in total can cover only about 1/4000th of the total investments of Canadian. In a hypothetical scenario that one of 5 Canadian banks goes bankrupt, the coverage needed may by significantly more than CIPF can offer... do you think the Central Bank of Canada will step in to help cover losses or the available CIPF funds will be distributed to investors and nothing else?
I wouldn't even consider asking this question two weeks ago, but if banks like Credit Suisse get into troubles, Canadian banks are not immune either...
I wouldn't even consider asking this question two weeks ago, but if banks like Credit Suisse get into troubles, Canadian banks are not immune either...
Q: In days like this where there is a sell off in a specific sector, oil in this case. I was wondering if these are the type of days where companies that have a share buyback program would be taking advantage of the drop when it might be a panic induced drop. Is it easy to screen which companies are buying back shares on a particular day? If so, I am curious what were some of companies buying back the most shares today.
Q: I never thought I would be prompted to ask a question like this but now I wonder...
If I have an account with a discount broker that is part of a big 5 bank which contains say, $250k of cash, and $250k of, for example BCE stock, is there a greater of losing the cash or the stock in a default? Thanks
If I have an account with a discount broker that is part of a big 5 bank which contains say, $250k of cash, and $250k of, for example BCE stock, is there a greater of losing the cash or the stock in a default? Thanks
Q: I was intrigued by your recent response to a question about SHOP (Good time to get back into it). Response was .. "There is always risk, but the company presented at a conference last week and management noted there has been 'almost no' pushback from customers from its recent price increase, and that business conditions are 'better than previously feared'. We would be comfortable owning it. "
I view the information as positive for SHOP as you did as well. If the question was never asked, this bit of news would be silent to us. Obviously 5i was aware of the news. Is there any way this type of information could be made available to clients as it becomes known? Or do we need to fall into the regular pattern of asking questions on favourite stock holdings if there is any recent news on companies. Is there a source where we can access this type of news?
I view the information as positive for SHOP as you did as well. If the question was never asked, this bit of news would be silent to us. Obviously 5i was aware of the news. Is there any way this type of information could be made available to clients as it becomes known? Or do we need to fall into the regular pattern of asking questions on favourite stock holdings if there is any recent news on companies. Is there a source where we can access this type of news?
Q: When discussing balance sheets and debt, you often provide an amount with he qualifier "(excluding leases)". To my way of thinking, leases are debt and must be repaid from cash flow. Therefore, "excluding leases" provides a rosier picture than is warranted. Please clarify.
Q: Performance of WXM (momentum ETF) is (almost) always very good. It is not easy to build a Canadian portfolio than beat it.This index is composed of 31 “liquid equities of Canadian companies displaying above average return on equity, with an added emphasis on upward revisions of fiscal earnings estimates, and positive technical price momentum indicators”. On the web site of CI global Asset only the top 15 holdings are listed. Is there a way to know all of the 31 holdings ?
Q: If there is indeed a 5 for 1 split when would you consider initiating a position? Now or after the transaction and why? Thank you.
Q: I owned PPL for years and I just caught the company quietly switched from a monthly dividend payer to a quarterly payer in it last press release. Even thought the payout has not changed I wonder about the logic behind this move? Can you offer some considerations behind this switch? Thanks.