Q: if held in a tfsa will american taxes apply to any gain if so at what rate
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
- Bank of America Corporation (BAC)
- Citigroup Inc. (C)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Lloyds Banking Group Plc American Depositary Shares (LYG)
Q: Hi Peter and Ryan, I have held Lloyds and Santander for a long time still down 35%. Should I sell both due to the uncertainty of Briex and buy some more BAC, C, TD, BNS That are also held in equal amounts. US Banks are ADR's.
Do you know when Lloyds will receive the next Dividend and how much it will be ?
Thank you, to you and all your staff for excellent advice, I have all the stocks in your Balanced and Growth Portfolio's and the best performance I've ever had. --- Ian
Do you know when Lloyds will receive the next Dividend and how much it will be ?
Thank you, to you and all your staff for excellent advice, I have all the stocks in your Balanced and Growth Portfolio's and the best performance I've ever had. --- Ian
Q: Peter & Co., I am planning to add to my small positions in one or two of these American banks. I have compared P/E, P/B, ROE and payout ratios and I am in a quandary. Would you please list them in order of your priority for possible purchases.
With great appreciation for your excellent service.
With great appreciation for your excellent service.
Q: I have 2 US Banks in mind to choose, but I can only buy one, First United or Bank of America or do you have a better choice you can suggest.
Q: IS THIS STOCK A GOOD BUY AT THIS TIME?
Q: Great Run for US Banks since President Elect Trump is in.
Between Citigroup and Bank of America which is a Better Long Term Growth Investment in this field.
Between Citigroup and Bank of America which is a Better Long Term Growth Investment in this field.
Q: Two part question:
1. Do the large US banks have more room to run or is the expected rate increase pretty much baked in?
2. To buy BAC and C I have to move $Cdn cash to my US$ accnt. Currency conversion can impact outcome. At 75c the $Cdn is up a bit. Should I buy now before the likely US interest rate increase? Or(2A) wait for a possible softening in the market around year end/ new year? Thanks for answering - but more importantly for your integrity, which was on display recently in your answer to the Forge First question.
1. Do the large US banks have more room to run or is the expected rate increase pretty much baked in?
2. To buy BAC and C I have to move $Cdn cash to my US$ accnt. Currency conversion can impact outcome. At 75c the $Cdn is up a bit. Should I buy now before the likely US interest rate increase? Or(2A) wait for a possible softening in the market around year end/ new year? Thanks for answering - but more importantly for your integrity, which was on display recently in your answer to the Forge First question.
Q: Hi Team, A number of analysts seem to think that the U.S. financial sector(deregulation) and infrastructure(putting people back to work) are sectors to consider when investing in the U.S. Do you agree with this and if so what would be your top 2/3 stock picks in each sector? If not, what sectors and stock picks would the team suggest.
Q: I plan to add a U.S. financial services stock to my portfolio. I know you don't cover US equities but could I get your thoughts on First American Financial or others you might suggest?
Q: I wish to buy this stock and have cash in both my rsp account and my non registered account. Is there an advantage to holding it in one vs the other? Can I avoid dividend withholding tax by putting it in my rsp? Thank you, Bill
- Bank of America Corporation (BAC)
- CRH Medical Corporation (CRH)
- Knight Therapeutics Inc. (GUD)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Savaria Corporation (SIS)
- Cargojet Inc. Common and Variable Voting Shares (CJT)
- Spin Master Corp. Subordinate Voting Shares (TOY)
- Colabor Group Inc. (GCL)
Q: I would like to have your opinion as to which one (or three) equities , based on growth and weighing risk, you would pick for an aggressive TFSA. Thank you.
Q: I am up nicely with BAC. I got in when our dollar was stranger against the US. My question is should I get out now and switch to a Canadian bank to take advantage of the gains I've made on the currency side of things? Or do you think I'm safe to let it ride a while because we will continue to see a weak Canadian dollar?
Q: I am thinking of adding US financial services to my diversified rsp portfolio. I am ideally looking for a CDN dollar etf that invests in/takes advantage of value priced US financials at close to book. Bank of America, Citigroup are examples. Time frame is 7 to 10 years. Thanks as always
Q: Hi,
Do you think I should wait to get into some US banks or invest now? What do you think of the names I've provided and can you give me a name or two you think would be suitable for a long term hold for a medium risk investor?
Do you think I should wait to get into some US banks or invest now? What do you think of the names I've provided and can you give me a name or two you think would be suitable for a long term hold for a medium risk investor?
Q: Hello Peter and Team,
Please feel free to answer this question, I understand that your expertise is Cnd. market, however I value your opinion.
I would like to add a foreign bank to my portfolio.
I am tempted by either Bank of America or Loyd Banking (LYG).
Any thoughts?
Regards
Please feel free to answer this question, I understand that your expertise is Cnd. market, however I value your opinion.
I would like to add a foreign bank to my portfolio.
I am tempted by either Bank of America or Loyd Banking (LYG).
Any thoughts?
Regards
Q: Hi 5i
I bought Bank of America for 16.60 in an RRSP account. Do you think they will increase their dividend anytime soon and what do you think of company long term? I was disappointed with their "accounting error"
Thanks
Greg
I bought Bank of America for 16.60 in an RRSP account. Do you think they will increase their dividend anytime soon and what do you think of company long term? I was disappointed with their "accounting error"
Thanks
Greg
Q: Was wondering if you could please comment on the big US bank stocks. Where do you see them heading in the short and long-term?? I am particularly interested in JPM, C and BAC. Are they buys, hold or sell?? More interested in the long-term outlook. Thanks.
Q: Have today's events changed your resolve on Bank of America ? Thankyou.
Q: Hi Peter: I'm up an average of 20% on two US banks C and BAC. They seem to have flattened out the last while. Should I take the profit and run to something that has better upside potential or stay the course. My time horizon is 2 years max, I have plenty of Canadian banks.
Thanks
Thanks
Q: Do you feel Bank of America ( BAC ) , which I bought on Friday , is heading up or did it just top out ? Have I made a timing error ?