Q: Hi team:Please ignore my question about the rated returns I have found another printout which clearly explains that the minus returns are the d to F rated companies.
I would like an update on CSS. I paid $12.51. It is $10.90. You would have told "us" if there was anything to know, I am sure, but is this just a buying opportunity? Why did trading stop on WCP today? Trading usually does not stop because they made an acquisition if that's what happened.
Thanks so much. Jean
Q: Peter. Last June, you provided some information on the investment merits of COA. Wondered if you could comment on how you see it now. Many thanks. Ken
Q: Peter what's your view on the Canadian banks - many articles recently on the risks facing the banks - housing bubble, debt levels etc - so far at least, the banks don't appear to have gotten the message that they should be going down - what are your thoughts in general - thanks in advance for your feedback.
Q: Re: ECI
Hi Peter. Do you know anything about Ford Equity Research? They came out this morning with a Strong Sell on Enercare. It's very rare that anyone puts out such a negative recommendation on a stock so I am wondering if this is a credible institution. I own ECI and see no reason not to continue. Thank you and kind regards.
Q: In a recent reply, you mentioned that our Oil & Gas holdings, were too high, at 16% of our total investments. One of these is Baytex, which I bought in both my TFSA and our Joint account for its dividend and growth. It has been a great disappointment with an 11.5% loss to date. Is the dividend safe? Should I hold it for eventual recovery? Or should I sell? We also have CPG which is similarly down, plus HSE, CVE and KEY. Thoughts?
Q: Hello - Do you have an opinion on the ishares S&P U.S. Preferred share ETF (PFF)? I am interested in acquiring a small position for my RSP. It has a current yield of 5.7% but is also heavily weighted in U.S. diversified financials and banks. Comments are appreciated. Joe
Q: MX, would you buy at current pricce? I have been watching this one for a while and it is clear that perhaps I should have bght it a while ago? I would buy for a short term hold due to commodity risk. Where would I go to track commodities on a daily basis?
Thank you..JP
Q: I continue to track Symbility (TSXV: SY). Management continues to execute well by consistently beefing up their client list at a staggering pace. Most recently, they signed with a major UK insurer. Do you think this is a good entry point now that a major client seems to back their product?
Your service is unbeatable! I appreciate your insight and perspective on investing. I was a Peak Oil / resource guy when I first started investing 7 years ago and never thought my portfolio would be taking turns it has in the last 2 years. I have 500 PEY shares between my RRSP and TSFA and it's had a good run and I'm thinking about selling it. I like PEY, but think value it's a tad high. What do you think about flipping PEY 2 other companies, 1 in my TSFA and 1 in my RRSP?
In my RRSP I'm thinking about starting a position in HCG or SAP or...? In myTSFA I'm thinking about starting starting a position in Telus or...?
I currently own RY, TD, BNS, CN, IPL.UN, AD, AP.UN, COS, AX.UN, BNP, BEP, BIP, PEY, CSU, EIF, THI, KMP and CFN all about equal weight and a few others smaller ones that I hope to clean up over the year.
Q: Thank you for your response to my proposed summer switch: That being said, there is a chance that the US market will continue to outperform Canada, so that would be the main consideration in this switch. Also, switching now and re-balancing in six months does sound a bit like timing the market and the Canadian-US differences, which generally is ill-advised.You will be shifting towards interest-rate sensitive names also."
My motivation has four components:
1) to cut back on my daily trading, for the summer;
2) a view that the US president is committed to hurting the fossil fuel business, without regard to economic cost;
3) my expectation that Congress and the President will remain at loggerheads up to the 2015 congressional elections, leaving a leaderless Western World and related poor recovery of Western economies, including Canada's - big time; and
4) my hope that there will be a major boom as Aapl, Goog, Mcsft in time for a yesr-end spurt in consumer spending on Technology toys.
Given this background, maybe I should forget about my re-balancing to Canadian names and just hunker down for a lac lustre year on the SP500? Any comments?