Investment Q&A

Q: I'm trying to include tax planning in my investment decisions more than ever. Given that our Canadian governments have insatiable demand for new tax revenue and that politicians love to shower the electorate with new "free stuff" which of the following tax easing shelters do you feel will be attacked first? Will it be reducing the principal residence exemption, increasing capital gains rates, decreasing the dividend tax credit rate or something else?

Q: I am considering getting into bond ETF's, given that we are apparently hitting pause on rate hikes and will potentially begin to cut rates in 2024. I realize that you cannot predict timing but would you consider this a good time to be getting into bonds?

What is your view on bond ETF's FCGB and DXDB, or can you offer another bond ETF to consider?

Thank you
Tim

Q: With the new TFSA limit, how would split into 4 purchases with a 20 year hold. Assuming RRSP is diversified and with no other holdings. Does BAM, BN or TOI hit your radar. Also, I am retiring in 20 years. Thanks as always.

Q: Hi All at 5I!!

Could you please tell me what is going on with VRT??

Cheers,
Tamara

Q: Your take on the latest results and prospects would be appreciated. Thanks

Q: DCBO has dropped from it’s $72 high. Any thoughts?

Q: Is Firan a worthwhile purchase at this time?

Q: Retired, dividend-income investor. Long term holder of BNS. In Feb '22 I trimmed a bit at $92. I recently added some back at $58.

With today's announcement and subsequent sell off, the dividend for BNS is now 7.4%. Normally the big Canadian bank yields are in the range of 4-5%. Assuming there is no dividend cut, then for the yield for BNS to get back to...say 5%...from its current 7.4%, then the stock price "should" eventually have to appreciate by a corresponding 48% (7.4 / 5.0).

What are your thoughts about simply buying and/or holding BNS for the current 7.4% yield and eventual capital appreciation...resulting in a total return of roughly 50+% over the next # years? This makes the big assumptions of a) NO dividend cut...but no big Canadian bank has cut it's dividend since WW2 and b) the new CEO can lead a turn around.

Thanks...Steve

Q: Hi, I sold CROX and ATZ both for a tax loss but both have now come back and seem to have good momentum. Would you be buying either or both of these now? Do you prefer one over the other? They both seem to be moving almost in tandem at this time. Is there another name in the space you like more. Thank you in advance!

Q: For long term hold in non registered account, which would be your choice between PPL and TRP?
Thanks

Q: I understand that ZQQ is hedged to the Canadian dollar. Does that mean that the share price is unaffected by a decline in the C$ relative to the US$? If so, then presumably you don't want to be hedged if the C$ is rising relative to the US$. Is there an un-hedged version of ZQQ? Or do I have this backwards?

Q: Hi!

I am wondering if Peter can take some time to put together some words or a video about the Balanced Equity Portfolio and path forward here. We used to get regular commentary on the Portfolio via appearances on shows like Market Call but now we don't get that anymore due to the BNN change in their rules.

Can Peter walk through where he thinks things are headed, potential to find the next great multibagger stocks for the portfolio, view of the current holdings, etc.?

There's a number of solid long term companies in there. Do we ever see a point where they run their course and we sell them BEFORE they have problems and destroy a bunch of our value (thank god we trimmed some ATZ at $60 a little while ago!).

Thanks!

Q: Greetings:
I recently opted for Broadcom to buy the few VMWARE shares which i held at BMO INVESTORLINE. When the cash arrived in my account they deducted 15% wh tax. This is not a limited partnership, but instead a capital sale. They will not be issuing a dividend slip so I don't know how I will be able to get the tax back. Your suggestions , please.
Thanks, BEN.

Q: Hello, I have some money to deploy and have picked the above lucky 13 stocks. Are you able to put them in order in which you would purchase them (1 to 13). I know there is a wide range of companies, industries and cap size. This would be in a cash account and looking for capital gains over the next 3 years. I'm okay with lots of risk in this account.

Q: HI;
Today you had a question from Tim concerning the banks, and their outlook. I would like to buy some BMO; ZEB, however in the fund facts they state that they distribute any realized capital gains in December.
I do not want to get a tax slip for the yearly gains. Is my thinking off course? What do you suggest? , besides buying 6 stocks. If i wait till January , the price may have appreciated a lot.
Thanks, BEN.

Q: Which bond ETF would you recommend buying if Bank of Canada decreases bank rate by at least 1% in 2024?

Q: Hi, Could you comment on ATD earnings. Thank You

Q: Bam"s X Div date is Nov 29. If I sell tomorrow,I still get Div?.Txs for U usual great services & views

Q: Looks like the Cdn. Banks may suffer this week on earnings. I am looking to add to my Financial exposure (currently less than 5%) in the next 6 months. Would you start adding now or would you wait given that banks are expected to struggle into early 2024?

Thank you
Tim

Q: Hi Peter,

Are either of the stocks mentioned considered to be stable now and in market that they can succeed or are they too risky at this stage of their development?

Thank you for your advice. We are always learning from you and your team.

D&J