Investment Q&A

Q: Is there a US dollar equivalent?

Q: XBB, HFR and FLOT have not held up well during this challenge. Can you suggest some liquid bond ETF's that will simply stay flat and pay a modest dividend?

Q: Just read your March 17 Stock Market Update article regarding "Where is the bottom???" and the bear Market histories. Very enlightening.

I have been almost entirely in cash for over a month now and noted your portfolio changes. You mentioned Adding a new 4% position of BMO Equal Weight REITs ETF (ZRE) in the Income Portfolio. ZRE has been very steady since inception in 2010 gaining almost 40% over that time period until the recent unprecedented and understandable 37% drop since Jan 31.

My question is where should we park our cash while we wait out this terrible situation? Should we just leave it as cash? Is the BMO ETF a suggestion for a short term hold? I did read your Trade Rationale and was a little confused by your comment "remove some of the 'tail risks' that might be seen if there are issues at any individual company." Am I right in thinking this is in reference to ZRE being an ETF? Apologies for my ignorance.

Thanks for all you do

gm

Q: I have a larger amount of cash in PSA and CSAV. Is this safe or is it safter at this time in cash, with the return so low?
Thanks for your reply.

Q: Can I get your thoughts on this etf? It only has $34 million in net assets. I am looking for a government bond ETF with a 1 to 5 year bonds with a reasonable management fee. Trying to get a bit more yield than GICs while preserving my capital. Any other investments that can achieve this? Thanks for your suggestions.

Q: I'm 27 and have invested in my TFSA in 8 growth compagnies so far for long term holding (retirement). I save 10% of my salary in my TFSA for my retirement since I'm 22 as I read in Rich Barber few years ago. I wait until I've got 1000-1500$ and then buy a stock.
1) Other part in my saving is to buy a house with my girlfriend in about 2-3 years. What will you suggest us to invest in for that short period?
2) My girlfriend want to start investing for her retirement. I suggested her to invest in ETF at first and than change for a strategy like Beat the TSX when she has enough money saved. Is it a good strategy? If so, which ETF will you suggest to invest in?
Thank you

Q: Hi,

I have parked some cash in PSA (CAD) and MINT (USD) for short term until market and economy stabilizes. PSA invests into cash or high interest savings accounts of National, Scotia, CIBC banks. MINT invests into short term high quality corporate investment grade bonds. How safe are this ETfs if interest rates keep dropping and a severe global economic downturn or collapse of Financial markets. How much can the price drop be considering they are yielding close to 2%

Thanks
Ninad

Q: Hi team,

Could you please recommend a few different investment options for a place to park cash within my trading account? Obviously I'm looking for something highly stable and that would ideally offer some yield.

Thanks!

Q: I would appreciate your recommendations for appropriate ETFs for a TFSA. The funds will likely be withdrawn in a couple of years for a home purchase.

Q: I'm a highly aggressive growth investor (thanks for your help). At 86 with too small a pension, its time for some fixed income. I've sold 25% of my equities. Where do you suggest I put this cash so I get some return? Thanks.

Q: I have created a fair amount of cash in CDN and US funds. I probably won't invest until after a correction. Can you recommend parking spots for each that would give liquidity and some return while I wait.

Q: Can you recommend a money market fund to park some cash for about a year?

Q: FYI: TD Waterhouse - This is what I get when I try to buy PSA or CSAV:

This order cannot be placed electronically. Please contact TD Direct Investing ... to place this order. [ 90211 ]
This symbol is not eligible for trading online. For assistance, please call TD Direct Investing. [ 44221 ]

Gotcha!

Q: I'm looking for a safe place for cash with a decent yield. This could be for several months or several years. How would you compare ZSH to PSA? Is one better than the other? With uncertainty over interest rates, do you have any recommendations for the fixed income portion of an investment portfolio?

Q: Any recommendation on where to park cash short-term within a direct investing account? I like the sounds of PSA, but 'for business reasons' TD Waterhouse does not allow TD Direct Investing Clients to purchase PSA. Instead, they offer their own savings account which only pays 1.60% in comparison to the 2.15% paid by PSA. Any suggestions?

Q: Does BMO have an ETF similar to PSA.?

Q: In this ultra low interest rate environment, where it is maybe more likely for rates to climb than to fall, do you think the best place for the income component of a portfolio, aside from GICs, is in a bond ETF like VAB or a savings ETF like PSA?

Thanks.

Q: When I read/hear the phrase "GIC-like funds" what is being referred to? Can you provide a few examples if that phrase has meaning in the realm of investing?

Q: Hello. Which one of these is a better place to stash cash in my Questrade account? PSA or CSAV. Is money in these protected by CDIC or something else. Is there anything better you would recommend? Thanks

Q: I'm holding cash and gradully adding to it with dividends in case there's a market correction. What's the best place to hold these funds that are secure yet get some interest while waiting?