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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.

Q: I wish to buy CDN cos that pay their dividends in US $ for my Scotia ITrade non registered account. I do not want the divs converted to CDN $ but go to a US $ bank account for US vacation. How do I set this up? Can I buy the stock with CDN $ (on TSX) or am I going to have to buy on an American exchange in US$. Scotia has told me the divs will converted to CDN then converted back to US (with fees for each conversion of course).I am not getting a clear answer from Scotia as to do this.
Your (or members) advice is appreciated.
Derek
Read Answer Asked by Derek on June 01, 2018
Q: Peter and His Wonder Team
Earlier today I wrote in about GES quarterly report. All factors considered I thought it was positive and showed progress. In your reply you said the turn around was moving "nicely". I agree with you. However Mr. Market sees it differently. The stock is crashing...down over 15% on heavy volume. So what do you think is going on. Were expectations too high? Is this just profit taking on a stock that has doubled this year. I think this stock must be a day traders delight for it seems very volatile. Your thoughts please.
Thank you!
Read Answer Asked by Ernest on June 01, 2018
Q: Greetings 5i team,

I am not sure i fully understand the risks associated with this floating rate ETF. Can you explain to me how they are paying out such a high dividend when the the underlying assets do not. In addition, is there an equivalent US ETF you would recommend. I need income in both Canada and the US!
Cheers
Read Answer Asked by kelly on June 01, 2018
Q: Even with the 125M buy back, wouldn't it be a good time to take advantage of the recent drop considering they have 986M of FCF right now? All of the metrics are cheap compared to other banks when looking on Morning Star.

Would it be a good idea to average down my cost or do you think it would drop more?
Read Answer Asked by Benoit on June 01, 2018
Q: the stock was down because the FDA placed a hold on its sickle cell drug until some questions are answered. It was down 20% overnight but now down 9%. Is it time to sell?
Read Answer Asked by hal on June 01, 2018