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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 currently have no Canadian Banks in my portfolio and am looking for an opportunity to enter the sector. I am wondering with the recent pullback whether this is a good time to buy. I am thinking of splitting my money between two banks, specifically Bank of Nova Scotia and TD Bank. I have at par, uninvested US Dollars. Is there any advantage to buying on the US market or should I buy in Canada? Thank you.
Read Answer Asked by garry on December 05, 2013
Q: I visit your site regularly; it is my main source for investing advice and information. I have a question on financials. I am currently underweight financials (4%) in the form of BNS. I am thinking it is time to consider increasing my weighting. I could add to BNS, which I like for it's global exposure, or diversify by adding TD for exposure to the US. I would appreciate your comments. Thank you.
Read Answer Asked by Dennis on April 20, 2013