Q: I Have 1000 TD AND 400 TOU at loss are they recoverable or replace them with better choice,Thank for your Opinion.
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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.
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
Q: Hi 5i, my question is on all financials impacted new taxes.
"Dividend tax change: Ottawa is planning to raise billions of dollars from banks and insurers through a change in tax rules on dividends that financial institutions receive from Canadian companies."
Can you put a guess on how this will impact investors?
Thx
"Dividend tax change: Ottawa is planning to raise billions of dollars from banks and insurers through a change in tax rules on dividends that financial institutions receive from Canadian companies."
Can you put a guess on how this will impact investors?
Thx
- Costco Wholesale Corporation (COST)
- NVIDIA Corporation (NVDA)
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Aritzia Inc. Subordinate Voting Shares (ATZ)
- Trupanion Inc. (TRUP)
Q: I sold TRUP couple weeks ago @$55 should i buy it back at present price? or wait for it to pull back more ?- do you have an opinion on why it has dropped so much
I also sold RY and TD expecting then to drop further than they have - are they a buy sell or wait for better entry
Is ATZ a screaming buy or?
What's your top 3 picks regardless of sector (US and CAD)
deduct points as you see fit thanks
I also sold RY and TD expecting then to drop further than they have - are they a buy sell or wait for better entry
Is ATZ a screaming buy or?
What's your top 3 picks regardless of sector (US and CAD)
deduct points as you see fit thanks
Q: I'm underwater 10% on BNS and TD. What are the benefits of sitting on this? If I was to sell and reinvest, what do I buy?
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Canadian Imperial Bank Of Commerce (CM)
- First Horizon Corporation (FHN)
Q: Hi, We own above Canadian banks, which makes up the financial sector of our portfolio.
On an YTD basis, interestingly, their performance has diverged significantly, with CM +7%, RY +2.5% and TD -9%. During past 30 days (reflecting impact of recent crisis in financial sector SVB/SB), these names have declined as follows : CM -7%, RY -8% and TD -17%. Does it mean that market is assigning higher risk to TD, relative to its peers ? Does it make one name more attractive than others, and if so why, if we wish to take advantage of the sizable decline in their share prices, and add for long term investment ?
Thank You
On an YTD basis, interestingly, their performance has diverged significantly, with CM +7%, RY +2.5% and TD -9%. During past 30 days (reflecting impact of recent crisis in financial sector SVB/SB), these names have declined as follows : CM -7%, RY -8% and TD -17%. Does it mean that market is assigning higher risk to TD, relative to its peers ? Does it make one name more attractive than others, and if so why, if we wish to take advantage of the sizable decline in their share prices, and add for long term investment ?
Thank You
- JPMorgan Chase & Co. (JPM)
- Visa Inc. (V)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- goeasy Ltd. (GSY)
- EQB Inc. (EQB)
- Brookfield Corporation Class A Limited Voting Shares (BN)
- Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: I'm currently overweight financials. Mainly due to new positions in BN/BAM/TD. With over 21% in financial broken down as follows would you begin to trim or consider BN/BAM diverse enough not to be a financial and thus reducing the overall financials concentration to 13.5%
BNS - 2%
BAM -2%
BN - 4.5% been growing this position (ideally want it to be 6%)
EQB - 1% new position
GSY - 2.5%
JPM - 2.6%
TD - 2.21% new position
Visa - 4.23%
10 year investment horizon.
Your thoughts are appreciated
Don
BNS - 2%
BAM -2%
BN - 4.5% been growing this position (ideally want it to be 6%)
EQB - 1% new position
GSY - 2.5%
JPM - 2.6%
TD - 2.21% new position
Visa - 4.23%
10 year investment horizon.
Your thoughts are appreciated
Don
Q: In feb/22 Td made an offer to purchase Fhn (who at THAT time had 55 B in loans and 75B in deposits) for 13 B or $25 a share
At that time U.S. 10 year treasuries were about 40 pts above the 2 year and the U.S. prime rate was 3.25%.
On Mar 17 Fhn was trading at $14.93 down from $21.93 a week ago and the 2 year treasury is now .57pts ABOVE the the 10 year while the U.S. prime rate is now 6.70%
Looks like investors believe Td may back out and or Fhn is losing a lot of deposits.
Meanwhile UBS has made on offer Toi purchase Credit Suisse currently valued at 8 b Euros for 1 B’
Would it not be better for Td to back out of the offer, pay a penalty and use the funds to purchase shares in Charles Schwab at a much lower price then what Td sold them for or offer to purchase Fhn at a much lower price after a NEW risk assessment is done on FHN assets
At that time U.S. 10 year treasuries were about 40 pts above the 2 year and the U.S. prime rate was 3.25%.
On Mar 17 Fhn was trading at $14.93 down from $21.93 a week ago and the 2 year treasury is now .57pts ABOVE the the 10 year while the U.S. prime rate is now 6.70%
Looks like investors believe Td may back out and or Fhn is losing a lot of deposits.
Meanwhile UBS has made on offer Toi purchase Credit Suisse currently valued at 8 b Euros for 1 B’
Would it not be better for Td to back out of the offer, pay a penalty and use the funds to purchase shares in Charles Schwab at a much lower price then what Td sold them for or offer to purchase Fhn at a much lower price after a NEW risk assessment is done on FHN assets
Q: Good morning
I have never been too concerned about bank failures here in Canada. But the many questions about protecting one’s account has stirred me a bit and made me wonder if i am too complacent. We had our accounts at different institutions but i was happy to consolidate them with just TD. You say the best way to protect one’s self is to make sure non registered accounts are under one million. Is it worth all the trouble to do that? I know that this is quite subjective but i would appreciate your take on it
Thanks as always
I have never been too concerned about bank failures here in Canada. But the many questions about protecting one’s account has stirred me a bit and made me wonder if i am too complacent. We had our accounts at different institutions but i was happy to consolidate them with just TD. You say the best way to protect one’s self is to make sure non registered accounts are under one million. Is it worth all the trouble to do that? I know that this is quite subjective but i would appreciate your take on it
Thanks as always
Q: What would be a great entry price for TD? Many thanks
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
- National Bank of Canada (NA)
Q: I wonder if any of the big six own any US or CAN MBS or CMBS ? Thanks a lot .
Q: In my RIF account I have RY, TD, & ENB reset preferred shares all bought when issued at $25, now trading in the $14 to $17 range. The accumulated book value is $61K. My present annual yield is 3.9%, 3.8% & 4.4% respectively. The reset year is 2024, when the reset interest rate will be the Bank of Canada 5 year rate plus 2.3%, 2.4% & 2.7% respectively. So my question is, with interest rates presently rising, in your opinion are they worth holding to the reset date or should I accept my loss & redeem them now. Thanks … Cal
Q: I have bought stock in these Canadian banks, TD, Royal and BMO. How badly can these Canadian banks be hurt by their purchases of US assets? I was going to layer into these positions, would it be prudent to hold off?
Thanks
Brian
Thanks
Brian
- Alphabet Inc. (GOOG)
- Microsoft Corporation (MSFT)
- Visa Inc. (V)
- Toronto-Dominion Bank (The) (TD)
- Sun Life Financial Inc. (SLF)
- Constellation Software Inc. (CSU)
- Descartes Systems Group Inc. (The) (DSG)
- BRP Inc. Subordinate Voting Shares (DOO)
- EQB Inc. (EQB)
- Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Seem to be some good deals out there. Would you be able to suggest a list of top 10 compelling buys in this current market decline?
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
- National Bank of Canada (NA)
- Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Please rank the above companies for level of risk and do you think that our Canadian banks could ever be subject to the issues at SVB? Is BN risky? I read one person writing how his advisor won't let him buy it. Feeling like I don't have much trust in anything right now. How is an investor to handle this uncertainty? I definitely see the benefits of diversity as you had always pushed. I'm also somewhat confused as most advisors have been pushing financials due to the benefits associated with rising rates. Your calm advise would be appreciated.
Thank you!
Thank you!
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Enbridge Inc. (ENB)
- Sun Life Financial Inc. (SLF)
- Constellation Software Inc. (CSU)
- Dollarama Inc. (DOL)
- Descartes Systems Group Inc. (The) (DSG)
- Alimentation Couche-Tard Inc. (ATD)
- Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: What are the companies getting attractive in these times?..I bought some BN..it had a 4% drop yesterday..Please suggest any quality companies to watch. Thanks.
Shyam
Shyam
- Toronto-Dominion Bank (The) (TD)
- Sun Life Financial Inc. (SLF)
- TELUS Corporation (T)
- Power Corporation of Canada Subordinate Voting Shares (POW)
- Pembina Pipeline Corporation (PPL)
- Enbridge Inc (ENB)
- Fortis Inc. (FTS)
- BCE Inc. (BCE)
- Cornerstone Building Brands Inc. (CNR)
Q: Non registered account : I sold a majority of stocks in 2022-2023 in order to convert them into a diversified dividend ETFs portfolio.I though intend to only keep" safe stocks for long term".Please could you rank them in this "safety perspective" , a "hold,buy, or sell" comment would be greatly appreciated,considering the fact that in this case,selling a stock would result in "buying an ETF in the same sector" .Many Thanks for your excellent website ,J-Y
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Canadian Imperial Bank Of Commerce (CM)
- National Bank of Canada (NA)
Q: Wondering why National Bank seems to have better momentum than the other banks like TD even though you recently added TD to one of the portfolios, I believe around $88. BNS has also been a laggard over the years. What is it that prompted you to add TD over NA and would you support selling BNS, TD, or CM to enter NA or RY? It seems like NA and RY seem to have better momentum than the other banks. What would be the risks with this move?
Q: Recently TD seems to be underperforming other banks (Scotia, Royal) by quite a bit. Any reason for it? Has there been any news to explain?
- Toronto-Dominion Bank (The) (TD)
- Canadian Imperial Bank Of Commerce (CM)
- goeasy Ltd. (GSY)
- EQB Inc. (EQB)
- Bank Nova Scotia Halifax Pfd 3 (BNS)
Q: With whats happening in the markets currently with CM's admission of mortgage issues with SIVB debacle, rising rates, volatility etc could be the beginning of a big mess in the Financial services sector.
Although long term you are bullish on 4 of the 5 names do you think it would be prudent from a risk aversion viewpoint to step aside on these names and wait till things settle?
Can you also please comment especially on EQB and GSY and their outlook/risks in this cyclone.
Thanks
Sheldon
Although long term you are bullish on 4 of the 5 names do you think it would be prudent from a risk aversion viewpoint to step aside on these names and wait till things settle?
Can you also please comment especially on EQB and GSY and their outlook/risks in this cyclone.
Thanks
Sheldon
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
Q: Hi
In looking at the big 5 Cdn banks, it is easy to think they are all being somewhat affected by the SVB shut down, or pressure on US regional banks...or is that jumping to a far fetched conclusion? I see that the Cdn banks have been marching steadily lower lately and have started to wonder whether this is sector related or a fundamental change occurring. Although this may be a bit early in the game, at what point would you feel the Cdn banks are excellent bargains, or is that too optimistic a view of the Cdn banking system, vs the US's regional banking system? As always, I greatly appreciate your thoughts on this!
Dawn
In looking at the big 5 Cdn banks, it is easy to think they are all being somewhat affected by the SVB shut down, or pressure on US regional banks...or is that jumping to a far fetched conclusion? I see that the Cdn banks have been marching steadily lower lately and have started to wonder whether this is sector related or a fundamental change occurring. Although this may be a bit early in the game, at what point would you feel the Cdn banks are excellent bargains, or is that too optimistic a view of the Cdn banking system, vs the US's regional banking system? As always, I greatly appreciate your thoughts on this!
Dawn