Investment Q&A

Q: Please give me your opinion about this etf FTEC for info tech. Would you have reasons for recommending this for growth in an RRSP? Thanks.

Q: Any specific reason that Chesswood has fallen so significantly this morning? Thanks!

Q: This short term bond ETF has declined significantly in the past three days. Any idea what is going on, and if it will continue. I have cash parked in this ETF. Should I sell, or perhaps buy more?

Q: Is the leasing business of CHR.CA a separate entente. Can they mitigate the damage of this part of the business.
OR
Can they limit the damage if they need to because this is a separate subsidiary or is it connected and the whole company suffers.
How do you view this company today.

Q: Hi team
As a trade would Clorox fit the bill. Can you suggest a few more of possible in these volatile months ahead. ? It would be my TFSA
Thankyou to alk of you for your sage guidance.
Happy St Patties

Q: I hear that those who make covered call ETF(s) are having a problem with the level of volatility. Do you understand what that means and whether that could cause some less liquid ones to dissapear, perhaps under a condition in their prospectus? I suppose black swan events like this one can make complicated products even more complicated to manage. Thank you.

Q: Please recommend a CAD unhedged US tech ETF and CAD unhedged US industrial ETF or any ETF which has a combination of both and would you buy at this time? Long term hold (10+ years) and medium to high risk. Thanks.

Q: ..would you step into these two today?

Q: The ETF Portfolios tend to indicate a preference for CDN Hedged ETF's. (XQQ; XHC). Do you still prefer CDN Hedged ETFs today? Can you suggest non-hedged alternatives?

Q: I am down on the stocks as follows but do not have offsetting capital gains to compensate for the losses - would you continue to hold or sell and please advise your rationale
Also, what criteria do you use for determining when this market has stopped it downward trend?

Q: Which Canadian bank looks most attractive right now?

Q: curious what you think now on k92 at 1.65, you liked it before.
sell, hold or buy more
dave

Q: First of all I'd like to commend you for the rational approach you're taking on this current meltdown in the financial markets. Many of your younger subscribers haven't had the experience of multiple crashes similar to this. I recall Black Monday (the crash of '87), the pop of the tech bubble in 2000, the 2008-2009 debacle, and so on. In that last one nothing was safe, even bonds and bank preferreds dropped. Keep up the good work. In the longer term I believe your advice will save people money.
Going into this I had slowly moved money into the U.S. market (mainly bonds) anticipating that the party was coming to a close and the Canadian dollar would also be heading down. This does not imply that I foresaw the Covid 19 pandemic or the Putin-Saudi hissyfit. Those two hit us all unexpectedly and I am down an appropriate amount. It was just that I felt it likely that a correction and recession was on the way. I believe you indicated that in the past in your answers.
Soon I expect it will be time to purchase some safe, value equities that will weather this storm and even profit from it. I'm thinking mainly of U.S. equities with large amounts of cash and a bright future. A healthy dividend would also be nice.
On my potential shopping list I've included Cisco which I already asked you about. What about Berkshire Hathaway? I've heard they have a vast amount of cash on hand and the U.S. dollar is considered a haven.
Another would be Blackstone (BX) in private equity. They've been hit hard yet interest rates are almost down to zero in the U.S. and Canada. Many potential targets will be distressed and money is cheap.
Would BAM in Canada fit these parameters as an aquirerer. They'd mainly be using Canadian dollars, however.
Finally, would an ETF of FANG stocks make sense?
Can you provide comments on any or all of this? I'm intending to start cautiously picking up half positions when I feel we're reaching a bottom. I'd be poorly paraphrasing Napoleon here but I think he said something like "When I'm up to my butt in trouble, I make haste, SLOWLY.

Q: I’m confused by why you often suggest Sun Life as a suitable long term investment choice. Sun Life will be negatively impacted by lower interest rates and I haven’t understood what makes SLF so different from GWO or MFC. Can you expand a bit on the uniqueness of this pick?

Q: What securities would you buy to replicate an investment in gold bullion?

Q: A friend tells me she has a mutual fund that attracts a capital gains tax every year even though she hasn't sold any units. I understand how that happens but I'm wondering: are there any equity mutual funds out there that won't attract capital gains tax (or losses) every year?

Q: With this massive sell off, I am considering selling positions in to crystallize the tax loss, and immediately purchase similar companies to not miss out on future gains or realize any actual losses. Do you see any issues in this strategy and if not, do you have a couple suggested equal (or relatively equal) swaps in each sector? The banks are an obvious one, what about swaps for the tech, industrial, healthcare, utility companies in your model growth portfolio ?

Thanks for the great service!

Scott

Q: Would it be a good time to buy Preferred shares?

Q: In answer to Carlo on the call letters for the VIX, on TD Direct, they are VIN on US exchange.

Q: With China showing signs of recovering (a number of stores have reopened) would now be a good time to buy some BABA? Are there better alternatives?

Thank

Dave