Investment Q&A

Q: Hi Team:
Interesting article in Saturday`s Globe about negative interest rates. I have held a # of Cdn
bank stocks for years & have benefited from their dividends & rarely check their stock prices. It is interesting to note the conflicting views in the article concerning the ramifications of going negative. If Canada joins the sub zero fraternity, what effect would this have on the shares of my Cdn Banks?
Thanks: Jerry

Q: How serious is the risk of competition from financial technology companies? If competition becomes a threat, would banks like bns not just buy the fintech companies? I would appreciate your thoughts.

Q: I appreciated Ryan's take on stocks that can benefit on the low Canadian dollar in your recent blog. Of the ones mentionned, I was wondering which would be the best buy at the moment, not considering the rest of one's asset distribution? I notice, for instance, that Blackcome has gone up quite a bit over the past year, while the others have fallen. I like the idea of something as solid as railway ties. I guess they will always be needed. But, maybe one of the others is a better buy at the moment.

As i say, asset mix is not a consideration at the moment. Also, in profiting from the American dividends, is it possible to get the dividends in US dollars straight out, or do the brokerages all convert them to Canadian?
thanks

Q: What do you think about the latest numbers from this company? The market always knows best in the long run but what about right now? Four years of train car orders seems like a pretty decent amount yet to me. THANKS

Q: I am looking into dipping my fingers in some marijuana stocks.
I have a few in mind e.g. OVI.A, OGI, CGC, APH, MT, ACB, GLH. Which ones should I buy?

Thank you!

Q: Hi there, could you provide an updated opinion on MVN. Thank you.

Q: How do you feel about adding some NYX at this price level? Management appear to be delivering and the value be unlocked based on guidance. I own NYX and believe it's undervalued here but i know you folks assess that much better than I. I think NYX gets too caught up in the negativity associated with companies like AYA and IT but it's really quite a different business. Would you agree?
Thank you as usual for your kind reply

Q: What is your view of CAPREIT's recent financial report? Do you like it moving forward for income and some growth?

Q: Could I get some fundamentals on CHW please: what do you think of the balance sheet, particularly debt level, payout ratio on the dividend, and how well are they accounting for potential bad debts? What do you think of the income statement and how are they going to grow revenue. How would they compare with EFN? Thanks for your help.

Q: Good Evening
I am looking to add a rate reset preferred to my income holdings. Would you recommend the above Empire Life issue or the recent Manulife offering?
I recently purchased the new Pembina in the after market.

Thanks team

Q: In a LIF portfolio that I manage for my 65 year old wife I have sold BIN and now have funds to re-invest. I could add to existing positions or start a new sock. This portfolio has an emphasis on income. To help guide me could you tell me what 4 or 5 stocks you would recommend at this time?

Q: How do you rate AAV vs. others in the sector? In other words, if an investor is committed to having some exposure to the Oil & Gas Sector, is AAV a keeper?

Q: Hi
Could I have your comments on DRG.UN in view of their latest report and the sustainability of their high 9% plus dividend.
Thanks for your superlative service.
GUY R.

Q: Hi,
I believe oil will rally into the spring. I am considering buying Penn West Energy or Baytex for a quick bounce and selling it in the spring. Which one would you prefer?
Thanks for your time

Q: Your opinion on this etf please. Is DIA a good way to track the djia and collect a decent div?

Q: Formerly Scorpio Mining SPM. The stock has started an upward movement. Any significant news on the company or is this a short spike with the gold movement . I have been a long term holder

Q: Hello.
I would like to ask you to put your Income Investor Hat on for this question. But in saying that, I have to add that I am not willing to be an Income Investor who gives up Capital value just to collect an income stream.

The situation is one you may have seen before....... Significant number of BCE shares held in Senior's investment account. To identify the sensitivity of the situation, the amount affords dividend payments that exceed combined company pension and CPP together. The BCE income stream affords the lifestyle as it is today.
This is great except for the lack of diversification and the associated risk of a single stock position being so large.

The question to start, I have to ask whether for a senior who has been comfortable for over 50 years investing in a single stock, does a third party even talk about diversification?
If yes, from what you see here how would one go about identifying investment choices and creating a diversified portfolio with similar attributes as BCE has offered throughout these years. (Bonds not currently desired due to low income yield - And the Pension Plan is already an excellent Bond proxy)

Given the Market activity over the past 14 months and BCE price holding up while other dividend paying investments are declining in price/ increasing yield, I sense this is a good time to begin this diversifying activity.

Thanks for the effort you put into offering us all Market and Stock insights.
Dave

Q: I have been a long term holder of this unit 10 yrs. With the current uptick and potential now upside would you recommend adding to my position or to continue holding my position with no increase in units. What are your thoughts on this holding?

Q: I would appreciate some clarification to your answer to my question.
My guess is that you are telling me that I do in fact have a 22% Energy weighting.
Am I correct in saying that?
If so then I suspect that when Oil turns around I will look like a genius!
BUT in the meantime I am more concerned given the fact that your recommended weighting is 5% for Energy.
My goal is reasonably safe dividend income(you've heard that so many times recently) and all of the stocks I had mentioned pay decent dividends.
I am underweight Financials (10% weight) and Industrials (14% weight) compared to your recommended weightings. Otherwise I am pretty much in line with your recommended weights by sector.
I am also 30% cash right now.
Based on this information, what would you suggest I do?

Thanks again.

Q: The second part of my question was....
Would you recommend buying POT at this time for an investor who is looking for income and long term capital growth?
Thanks.