Investment Q&A

Q: Can I have your view on the recent purchase of Jarislowsky Fraser Ltd by BNS. It doesn't seem to have affected the BNS stock price very much so wandering if this is going to be a good deal or not? Thanks.

Q: I realize that BNS is in your portfolio but if you were going to buy shares in a Canadian bank would you still suggest BNS as the top choice. I tend to lean toward Royal or TD as perhaps better choices at this time but would appreciate your opinion and thoughts on how each of the banks is positioned for best growth and how you would rank the three banks for purchase now.

Q: I'm thinking of adding bank exposure, during this correction. Are the U.S banks more appealing to buy than the Cdn banks ?

Q: which would you choose, I hold financials no telcos but am concerned about rising rates? would the bank be a better choice?

Q: Peter and Team
Could you name the three sectors for the Canadian and Us markets that will recover faster and have the most upside after the current correction.
And also name three recommendations for each market.
I always value your opinion
Raouf

Q: Hello Peter, Ryan & Co.
The Canadian banks are core holdings in my portfolio, which I intend to hold for a very long time. I am a bit perplexed, however, at the recent selloff. I recognize that the current pullback/correction in the market is very broad, but it seems to have been triggered by a fear of rising interest rates - don't banks & insurance companies actually benefit from rising rates? The banks' shares seem to have fallen as much as the interest-sensitive stocks this week (like REITs & utilities), which makes no sense to me. Can you explain?

Q: Greetings,

I have some cash that I am planning on adding to my financial sector weightings - given the 20% fewer mortgages currently being written by the big banks, I suspect this will have some impact to their overall results. Given this and the insurers being cheaper right now, where would you add - the insurers or the banks.

Q: i am thinking buying some Canadian bank stock, it is a good timing for long turn investment ? and which bank your team will choose?
i am 48 years now.

thanks!!
Jacky

Q: Thinking of changing 4 Can. banks into 1 for tax loss but not missing the upside in the next 30 days. Which one would you pick, or just leave as is ?
Thanks

Q: I have a reasonable balance of these stocks in my TFSA. With the pullback, should I add to a laggard or introduce a new one? Open to ETF as well. Long term.
Have great weekend.
Paul

Q: Looking for suggestions for 2018 TFSA contribution for 20 year old for long-term hold, slowly building out a more diversified portfolio. Current holdings/weightings are TOY (23%), PHO (20%), SIS (18%), KXS (20%) and PBH (18%). Thanks.

Q: BNS is the worst performer of the big 5 plus NA.It ranks #5 on 1yr return @ 6.1%,last on 3mo.@ 2% & 1mo @ 1.5%(as @ Jan 11/18 per TR).Recently a $2.9b acquistion of BBVA's Chile franchise.It is a fact that the above 6 banks takes turn to lead.So it is time to buy some BNS.Thanks for u usualgreat services & views.

Q: When determining geographic allocation of a portfolio, is it more appropriate to categorize a company based on where the majority of they business is transacted rather than where they are domiciled?

For example, is New Flyer better classified as US for geographic allocation purposes since 90% of their revenue currently comes from the US, or BAM.A as international since 90.4% of their assets under management are outside of Canada and spread across the world?

Also along these lines, is it worth the (very small) effort to sub-allocate companies that have meaningful exposure to more than one broad geographic area, e.g. classify approx. 1/2 of BNS as Canadian and 1/2 as emerging markets based on their business operations?

I ask this in the context of your previous comments that a 45%/35%/15%/5% CAD/US/INTL/EM allocation is appropriate for an average Canadian investor. Thanks as always for your sapient and perspicuous advice!

Q: Hi,
My retired father holds the above stocks in a TFSA in equal positions. I'm looking to add one or two more stocks with the 2018 TFSA contribution. Any suggestions?

Thanks,

Q: Good Evening,

I am currently light on financials. I have a 2.8% position in SLF, 3.4% position in BNS and a 2.6% position in GSY. Would you recommend adding to these, or starting a position in ECN or something else. I am a long term investor who doesn't mind some risk.

Thanks,
Janet

Q: Hello Peter and team,
Further to my question you just answered on my grandaughter's RESP, I'm thinking of selling GSY (its up nicely) and buying a bank stock like BNS. I am concerned as there are are no large caps in the portfolio. What are your thoughts on this? Thank you.

Q: Hi,

If the tsx were to go through a 15-20% correct in 2018, what five or six dividend paying companies do you feel would hold up best, irregardless of sector?

Regards,

Robert

Q: I have 30k to invest and am looking for something with low volatility and a good dividend and decent growth. Oh these tree which would you choose?

Q: Why is BNS the Canadian bank you seem to be recommending as of late?

Q: I am investing the 52000 plus whatever the amount is for 2018 in my wife's TFSA. With a 10-15 year time-frame might I be considering a couple of quality ETF's or would you advise the purchase of 5 or 6 quality stocks? What might you suggest to consider? She does like the Dollarama idea which you recently recommended. Also would you recommend holding off until the new year to get the ball rolling or invest now? Thanks