Q: Hello Peter! I have 30K in my TFSA and I want to invest them in one or two of Canadian Banks or in bank ETFs.Please provide me with 2 good banks and 2 good ETFs names. In your opinion what is better choice for long time, single bank or bank ETF? Thanks.
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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 am overweight with BNS in my rrsp account . I am prepared to sell
500 shares at $67.00 Is there any advantage in trying to do a covered call while i wait for the share to reach $67.00 and if so is there a risk I might have to
settle on a price below $67. I have never used an option in the past and want to know if it might be feasible in this instance .
Also I really liked the video did on the most popular 5 questions . It was very well done , relevant , clear , and brief . Hope more will follow ., When will the revised model portfolio be released . Thanks Rick
500 shares at $67.00 Is there any advantage in trying to do a covered call while i wait for the share to reach $67.00 and if so is there a risk I might have to
settle on a price below $67. I have never used an option in the past and want to know if it might be feasible in this instance .
Also I really liked the video did on the most popular 5 questions . It was very well done , relevant , clear , and brief . Hope more will follow ., When will the revised model portfolio be released . Thanks Rick
Q: Hi Peter:
I am retired with a modest pension, and a huge believer in asset allocation focused on Cdn dividend income. I have recently trimmed several positions to raise a bit of cash (now at 7%) to take advantage of a possible summer pullback. In equities I own AD, AQN, ALA, BCE, BNS, BTE, BA, CFN, CGX, CSU, CPG, III, PBH, TCN, WEQ, as well as 2 dividend funds and 1 REIT fund.
Do you see any red flags? Caution flags for me are CFN and WEQ. Once purchased, I normally like to give the stock "time to perform".
Thanks for your help,
Steve
I am retired with a modest pension, and a huge believer in asset allocation focused on Cdn dividend income. I have recently trimmed several positions to raise a bit of cash (now at 7%) to take advantage of a possible summer pullback. In equities I own AD, AQN, ALA, BCE, BNS, BTE, BA, CFN, CGX, CSU, CPG, III, PBH, TCN, WEQ, as well as 2 dividend funds and 1 REIT fund.
Do you see any red flags? Caution flags for me are CFN and WEQ. Once purchased, I normally like to give the stock "time to perform".
Thanks for your help,
Steve
Q: hi.What is your opinion about CM (can Imperial Bank ).Has it changed since your previous comments.Between BNS and CM which one is your choice and the strongest treason for it.Thanks and have a good day,ebrahim
Q: Are the membership fees an allowable tax expense for federal and Prov Quebec . Also I hold both BNS and TD . Which of these two banks would you sell if you needed to raise some capital . Many Thanks Rick
Q: Which Cdn bank preferred (s) do you recommend? What up/down side do you see w/instruments? Thx, hopeful new member Joel
Q: Hi Peter;
Which of the canadian banks has the highest basel 3 capital levels currently. Could we assume that the bank with the highest current capital level will be able to offer higher dividend growth going forward versus the banks that must still raise further capital to comply?
Many thanks for your insight.
Which of the canadian banks has the highest basel 3 capital levels currently. Could we assume that the bank with the highest current capital level will be able to offer higher dividend growth going forward versus the banks that must still raise further capital to comply?
Many thanks for your insight.
Q: Hi Guys great job
What is your take on the big five banks for a long term hold Is there 1 that stands out
Thanks Mike b
What is your take on the big five banks for a long term hold Is there 1 that stands out
Thanks Mike b
Q: Is this the bottom for BNS? Could well be. The 200 day MA was touched but not breached and the Fibonacci touched the 50% retracement. And, the RSI 9 just regained the 30 line (30.43) and is climbing fast today.
Q: Your reallocation to BNS & G confuses me. There are other higher rated (quality) ones in the model portfolio with less than 5% current allocation. Timing???
Q: What catalyst do you see to reverse the trend of the Canadian Banks freefall Bns broke trough the $60.30 support leval today .All this with indications of riseing interest rates .The risk reward ratio in Banks have not been there .
Stan
Stan
Q: which Cdn. bank would be the best to own for the medium term? thanks!
Q: Where do you think the floor is for BNS
Stan
Stan
Q: Hi In Dec 31/08 I took a position in the Big 5 Can Banks.The current result are BMO +17.46% CM +19.56% BNS +11.61% TD +23.61%
RY+34.08%.BNS has for some reason lagged behind and lately since I enlarged my position in this stock it has been on a toboggan.
Even today the others are in green BNS red would you hold or should I cut my losses and move on ?
Stan
RY+34.08%.BNS has for some reason lagged behind and lately since I enlarged my position in this stock it has been on a toboggan.
Even today the others are in green BNS red would you hold or should I cut my losses and move on ?
Stan
Q: PETER What is pushing BNS down in relationship to the other banks. Regards Stan
Q: I've heard that a lot of bank preference shares are being bought back in the coming year or so. Would you kindly tell me if that applies to any of the following, and when that might be and at what price. Thanks.
BNS.PR.T
BNS.PR.X
CM.PR.M
BNS.PR.T
BNS.PR.X
CM.PR.M
Q: Is a 12% portfolio weighting in BNS too large? I do not hold any other financial stocks. Should I be trimming and buying something else in the financial sector? Thanks and Happy Holidays.
Roy
Roy
Q: Hi, I am looking at bns and hcg, which would you lean toward at this time.
Q: Dear 5i
I'm considering selling Fts and replacing it with Bns. My interest is in owning quality dividend growers.
Thanks for your great service,
Joe
I'm considering selling Fts and replacing it with Bns. My interest is in owning quality dividend growers.
Thanks for your great service,
Joe
Q: Peter and Co, thanks for the exceptional service.
My question is off topic in some ways but it may have implications for one of Peter's favourite stocks, BNS.
Reuters has reported that in Germany, the UK and the USA there are ongoing investigations into the suspected manipulation of the benchmark pricing of gold and silver. This investigation comes on the heels of the LIBOR price-fixing scandal. The Bank of Nova Scotia-ScotiaMocatta is one of the five banks that are involved in the twice-a-day price fixing for gold.
If there is found to be manipulation in the gold price-fixing, how significant would this be for BNS if ScotiMocotta is implicated?
Thanks.
Ed
My question is off topic in some ways but it may have implications for one of Peter's favourite stocks, BNS.
Reuters has reported that in Germany, the UK and the USA there are ongoing investigations into the suspected manipulation of the benchmark pricing of gold and silver. This investigation comes on the heels of the LIBOR price-fixing scandal. The Bank of Nova Scotia-ScotiaMocatta is one of the five banks that are involved in the twice-a-day price fixing for gold.
If there is found to be manipulation in the gold price-fixing, how significant would this be for BNS if ScotiMocotta is implicated?
Thanks.
Ed