Investment Q&A

Q: Aside from the Canadian banks, what are you favorite financial stocks? Thank you

Q: Good morning...my financials listed above make up 12.8% of my portfolio. (TD 3.8, BNS, 3.3, SLF 3.1 and GS 2.6)..I was looking at changing it up a bit and selling GS and adding to either TD, BNS or SLF..dividend not a big concern...looking for a bit more growth potential in the Financials...what do you think? or other alternative..
Thanks

Q: I have 2.5% positions in TD and BNS and no other Canadian financials. I have had Sun Life on my watch list for awhile. Not sure why it is drifting lower after last quarter's results. Would now be a good time to add it, or would it be better to continue watching the negative momentum. Or maybe it would be advisable to top up BNS and TD instead? Maybe you could speculate on why SLF is declining. I am not sure how they are doing in Asia, but I imagine there is a fair bit of potential there, if they can tap into it.. Thanks, as always, for great service.

Q: With all the hurricanes, earthquakes, flooding, droughts, etc, etc ,etc. How can insurance companies profit? The Canadian Gov't is taxing everyone to death and there is only so much money left over for average people to carry coverage so something has to give and on top wages are not going up for these people.
I would like your take ion insurance with these obvious conditions.

Thanks, James

Q: Out of the stocks you cover can i get your top 7 recommendations for good long term dividend/growth stocks for a non registered account that have a good DRIP option.
TY!

Q: My 20 year old son has been investing based on your balanced portfolio. He has little need for income currently as he has at least two more years in school. Those costs are covered by an RESP. His financials holdings consist of BNS and ECN. Do you see any value in selling ECN and replacing it with either SLF or GSY? Is there any possible catalyst that will start ECN on an upward trajectory?

Q: Hello, 60 year old investor looking to add to rrsp and tfsa. Which stocks in the above list would you be comfortable buying now and which would you rate as watch now and maybe buy later?
Thanks, Michael

Q: Hello,
I've held shares in SLF for a couple of years now and even taking into account the dividends, I am slightly underwater.
From all indications, the latest quarter was good. If I listen to the pundits, the environment for the company, and insurance companies in general, is positive with interest rates increasing but yet the shares don't seam to go anywhere.

In your expert opinion, what would explain the lack of positive momentum for SLF? Is there something fundamentally wrong with the company? Is their large mutual fund business segment worrying investors because of competition from ETF's?

I am more than willing to give this company more time and am very interested in your thoughts.

I thank you in advance for your reply.
Dan

Q: I have a small position in GWO, more in MFC and most in SLF. I would like to either own one or two of these. Which do you feel has the most potential? With the cash from the sale what would you recommend in the health sector?
Thank you,
V.

Q: Hi, any problems you see for this company? Was advised to get out of my position as it may go much lower. I’am mostly a income investor but do like a little growth as well.
Thanks,Brad

Q: Please comment on earnings, please.

Q: Hello I5 team.
SLF seems to be bound in a trading range that hits a top around $55.00 and then backs off in a repeating cycle. Would you be comfortable swing trading this stock to build up a volume of shares to hold long term. By this, I mean, out of 100% of my intended SLF share inventory, I gradually buy when prices are lower (below $50.00) and when price approaches $55.00, sell, say 25% of holdings, then repurchase when price is below $50.00. If price does not go down to that level again, then reassess where the support channel is at the time, to repurchase. The goal is to have SLF share inventory at the lowest cost possible, without increasing trading risks and keeping things common sense.
Thankyou for your response.

Q: I now have roughly equal positions in IAG, SLF and MFC, with the total somewhere between 8 and 9 % of portfolio. I bought these primarily for the dividends. However, MFC has lost value relative to SLF - and IAG has lost even more. Why are MFC and IAG underperforming SLF to such a degree? Thanks.

Q: Currently have BNS,TD,CM,IGM,FSZ and SLF in the Financial Sector comprising 21% of my Income portfolio. I would like to replace CM ( or do you feel fine having 3 bank stocks ) - can you give me some suggestions as possible replacements ?

thanks

Q: Hi,looking for a good dividend company for 4+years with,
Good Mngmt
Low or manageable debt
A little growth
Could weather a 20%+ market correction
Could you please rank these companies or add one you feel is better. Sector not a issue
Thanks, doing good following your picks. Brad

Q: I know it's like comparing apples to oranges, but which of these two companies would be better sleep at night stocks over a three to five year period, thanks?

Q: Can you list your top 5 best ideas for buying yield/income > 3% with potential for some capital gains - due to being undervalued - right now?

Q: Hi Group - looking at buying a stock in the financial sector looking for most growth with lease risk. Also div would be good but not imperative. Presently own both TD + Nova Scotia. Also BOA + C in the US. I was thinking that JP Morgan or Visa would be good choices Canadian banks are not acting well even after their recent stellar earning. The us appears to be a better choice. Maybe an insurance company works here ? Than for your advise

Q: I realize these companies are all very different in many ways, but I want to add 2 or 3. I'm completing the BEP and adding to the GMP. Could you rank them in terms of "best opportunity," meaning the share price does not reflect the quality and potential of the company. In other words, seems mis-priced in terms of your valuation of the company because share price is down for no apparent good reason from a fundamental perspective.

Q: What are your thoughts on utilities and Canadian telcos closer to the end of the interest rate cycle? Thinking of letting the insurance stocks I hold appreciate further in value and selling some to buy Canadian utilities and BCE and Telus since i own no shares in those three now and they will probably fall further. ???????