Investment Q&A

Q: With regard to Mark's question about BMO's covered call bank etf (ZWB) compared to individual bank stocks. I feel these covered call bank etf's are the biggest pieces of garbage you can buy. Take a look at their distributions from a historical perspective and you can see how their monthly distributions have gone from roughly 12 cents per month to currently under 7 cents a month. Compare that to the banks continually increasing dividend and the better investment, in my mind, is a no brainer. If you've held any of the Canadian banks for any length of time you're probably generating above a 5% yield and each time the banks' raise their dividend that yield climbs higher. Its a beautiful thing.

Apologies for the mini rant but I think its important to look at these two investments from a historical perspective, especially with regard to the distribution/dividend and yield.

Q: Hi Peter & team,
Would it make sense to transfer “in-kind” slow moving / losing stocks from TFSA to cash (non-registered) account?
This way my TFSA account will have next year an extra contribution room and I will be able to use the losses against capital gains.
Your advise is much appreciated.
Morris

Q: Hello
My broker once said to me something like 'most Canadians who hold our banks, intend to hold them throughout their lifetime, so if you intend to hold them that long, you may as well own BMO's Bank Covered Call ETF. Yes you give up some upside capital appreciation, but you get increased income and some downside protection as a result o writing the call option'. What do you think??

Q: Hi, We hold Constellation Software shares. The cut off date for debenture rights CSU.rt was August 21.The rights have already started trading. Will the rights be deposited to my brokerage account? What would I need to do to exercise my option to apply for debentures? Can I also buy extra rights? Thanks for your help, as always.

Q: I bought SWKS US in mid-February from a search in Vectorvest, and I am up 80%. However, VectorVest's estimate of true value is still far higher than the price it trades at. I would be interested in your comments.

Q: Thank you for your terrific advice. Most of my investments are in 5i portfolio companies. However, I have about 30K that I want to invest short-term, between now and April, when I will need it for other purposes. The main goal here is not growth, but a fairly secure investment that will produce a reasonable return. What would you suggest. Should I wait until we get through September before putting this money to work?

Q: This is for Jeff re SAT-v Asian TV
It was a top pick on BNN's Market Call yesterday,
hence the pop.

Q: Hi With reference to Jeff's question on Asian TV Network (SAT), the stock was mentioned on BNN Market call yesterday as Top Pick, just before 2 PM. Could be the reason for spike. Thanks

Q: please rank these for growth potential and explain why - RE, SPE, GXE, LXE, DEE- already own RMP and RRX - thanks

Q: Hi Peter & Team, Is Legacy Oil & Gas (LEG) a buy at the current level? Thanks,

Q: I have been reluctant to buy preferred shares due to the anticipated rise in interest rates. However, rate reset preferreds may provide the interest rate protection I desire plus a reasonable return. Are there any rate resets on your radar?

Q: Which of the land tranpotion stocks your preferred choice and why?thanks ebrahim

Q: Peter, we have held The North West Company (NWC.T)for several years and it hasn't really done much, could you give me your opinion on this company, with respect to safety, dividend and growth. I am thinking of selling it to purchase one of the Canadian Banks. Thanks

Q: Hello, could i have your opinion on TIC- Titanium corp?
Thnaks
Dave

Q: please compare and comment on the short/medium term prospects for CFL -vs- WEQ - thanks

Q: Easy home EH
Wondering why Eh is off so much in the last couple of sessions? Has there been a change in fundamentals
Or an announcement that I missed? Thanks for your help. Your services are much appreciated.

Brad.

Q: Hi guys ... I'm in the process of culling the last bit of crap from my portfolio (FLY and AET.UN) with the idea of replacing them with something much better. I'm looking for a couple of solid stocks that offer a realistic chance at 15-20% growth in the next year or so while also providing a dividend of at least 3%. I got lucky with PKI on a big dip a few weeks ago ... now I'm hoping to find a couple more. Any help would be appreciated. One caveat ... I'm already overweight in energy so I'd like to avoid that sector.

Thanks for the great service.

Q: Gentlemen please update your thoughts on LWP.

Q: I have been looking at Veresen VSN for a while now. Will the recent Supreme Court ruling on aboriginal title affect the LNG projects planned for BC. If so, will the VSN project in Oregon benefit?
Your comments please.
Alan

Q: I have about 10% of my portfolio in reits and another 10% in energy. Seeing the possibility of an imminent rise in interest rates, I'm considering selling my car.un, (about 3%,) and buying an integrated oil co. such as HSE or another name you might suggest with the proceeds. I already own SGY and CPG. I prefer some growth along with a decent dividend.

Thank you for this service.

Joe