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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: Sorry if this question comes in twice as I'm not sure it went through the first time.

In the past, your team has indicated that BNS was your favourite bank. Is this still the case, even though it has underperformed? I am considering taking a position in a bank as I have currently have CXI and EFN in my financials, and feel I am missing a bank as part of my portfolio. Am wondering which one I should take a position in (or perhaps ZEB).

Thanks!
Read Answer Asked by Mike on January 13, 2016
Q: Hello,
For some of us who are crazy enough to invest in current markets, can you recommend few Canadian stocks that have:
1. High stability i.e. low Beta (ideally recession proof), but declined recently
2. Low P/E ratio
3. Dividend of at least 3%

Basically, I am looking for something like Fortis, though it didn't decline much...
Read Answer Asked by Michael on January 08, 2016
Q: I'm thinking of selling BNS (4.5% of total portfolio) while I'm still up 8% and redeploy the cash.
I currently have PWF (1% Holding and down 10%), TD Bank (3.5% holding up 34%), MFC (1% holding and down 5%),
DH (1% holding and down 10%). Would you recommend holding on to BNS or sell and add to one or all of these other financials. Open to other suggestions as well. Merry Christmas
Read Answer Asked by Luca on December 21, 2015
Q: Hi Peter and team, How important are Moody's ratings? What are your thoughts and do you agree?

"Moody's Places Bank of Nova Scotia's Ratings Under Review"

https://www.moodys.com/research/Moodys-Places-Bank-of-Nova-Scotias-Ratings-Under-Review--PR_337955?WT.mc_id=AM~WWFob29fRmluYW5jZV9TQl9SYXRpbmcgTmV3c19BbGxfRW5n~20151102_PR_337955

Thank you!
Read Answer Asked by Silvia on November 03, 2015
Q: Hi Peter,

Being a retired person looking for safe dividends I have full positions in The Royal Bank, TD and Bank of Nova Scotia. I was wondering about doubling my BNS shares.

My thinking is that the dividend is safe and BNS will probably continue to be around a long time from now and the price I am paying for the shares seem to be cheaper than most other businesses at approximately 11 times earnings. Where for example to buy Telus is approximately 18 times earnings.

(as an FYI, I also have Railroads, utility's, pipelines, telecoms,oil, gold, reits, Life co's)

Warren Buffet says to buy things that are on Sale.

Just wondering what your opinion would be on this thought.

Thank you,
Charlie
Read Answer Asked by CHARLES LA on October 16, 2015
Q: Hi Gang

I am presently overweight in Financials. I hold BNS, TD, SLF and BNS. Of these, my BNS has been the weak sister in the past 2 years. I am thinking of selling my BNS because it will trigger the lowest capital gains, and with the proceeds purchase DH. My thoughts are this will keep me in the "area" of banking, but also improve my diversification since I am much lower in the Tech area . I realize I will sacrifice some dividend income, but am prepared to do that if my overall reasoning is logical. I am aware BNS is supported by you, but so is DH.

Your thoughts please.

Thanks
Read Answer Asked by Peter on September 28, 2015
Q: We have to sell one of these to pay his tuition
Which would you sell
Because he is overweight BNS , I thought we should sell 1/3 for a loss ... but perhaps that isn't a good strategy .
BNS (big loss) , OTC (loss) , XSP (loss) , GWO (gain) , L (big gain ) , ATD.B ( huge gain ),
Are RESP losses non claimable ???

Thanks
Read Answer Asked by Thomas on September 10, 2015
Q: Hello Peter & team, Seems BNS is the "winner" here. It could be affected by being exposed in L.Am. to miners PLUS being affected the MOST of all Canadian banks due to its exposure to oil/gas sector in Canada, with "cracks" starting to show in Q4 and early 2016 (as the article suggests). And who knows for how long low oil prices will persist....maybe it will stay low for ever due to supply that keeps growing. Would you pls. comment on this article.

http://business.financialpost.com/news/energy/cracks-may-begin-to-appear-in-canadian-bank-earnings-as-oil-downturn-persists

Thank you!
Read Answer Asked by Silvia on August 17, 2015
Q: Thinking of purchasing some shares in my TFSA. Of the Canadian Banks which do you feel is the best one to buy now? I do hold a full position of Royal, and a smaller portion of TD, and BNS in our Taxable account.
Your thoughts on this or another stock for the TFSA would be greatly appreciated.

Thanks John
Read Answer Asked by John on July 10, 2015
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