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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: Good morning guys:
Just like every other investor my stocks in my tfsa are down big time. I have not sold anything as of yet and bought Boyd and MasterCard for my cash account with the recent dip . I know investors should stay the course and not sell quality companies , but just like 2008 it took a long time to get our money back that was lost . That being said is it a better move to sell all my stocks in my tfsa and take the loss . I take the remaining funds and buy quality companies that have been hit big time like a Disney , mastercard , visa , Boyd for example . I presently own 10 stocks in my tfsa and they are all equal weightings. Could you please elaborate what an investor should do in this situation
Thank you for great work .
- mark
Read Answer Asked by Mark on March 17, 2020
Q: P/P $15, 1.5% position. Dropped sharply last 2 trading days($11.75 to current $9.05).Any reasons? Current yield 9.98% mainly due to drop in stock price.Reportedly rate is based on 5yr GOC plus 2.89% & resets on Mar 31/21.I think the 5yr GOC is currently 0.62% which indicates a much lower rate then.Please may I have your opinion.If it is advisable to sell,please give 2 to 3 replacemrents dividend stocks( not preferred) Txs for u usual great services & advices
Read Answer Asked by Peter on March 17, 2020
Q: Can you tell me your top three picks in the beer/spirits sector? Your reasoning would be appreciated as well.
Thank-you.
Read Answer Asked by Alex on March 17, 2020
Q: Can I get your thoughts on this etf? It only has $34 million in net assets. I am looking for a government bond ETF with a 1 to 5 year bonds with a reasonable management fee. Trying to get a bit more yield than GICs while preserving my capital. Any other investments that can achieve this? Thanks for your suggestions.
Read Answer Asked by Rino on March 17, 2020
Q: Currently hold both (1.5% position) and down a lot despite having good management teams. Thinking of selling for a tax loss as I have some gains taken earlier this year pushed forward from last year. Outlook for both in this depressed market with prospect of $20 oil and whether they can weather their debt levels. Buy, hold or sell?
Read Answer Asked by William Ross on March 17, 2020
Q: Do you know if Knight has re-purchased more shares since the monumental price decline?
Do you have any indication Medisen has reduced their share position from 10.4M shares?
Has Knight given any info on it's progress purchasing Biotoscan public shares?
Is this a good environment for JG to look for great bargains or will he let the dust settle and get their new acquisition going first?
Finally, is there a short position on Knight?
Whew! Thank you.
Read Answer Asked by Steven on March 16, 2020
Q: Hi 5,
Could you please tell me what stock symbol I can use on my TD Direct watchlist that indicates the VIX level that I keep reading about on 5i and on BNN?
Thank you
Read Answer Asked by Carlo on March 16, 2020
Q: ETFs
- is it correct that net asset value is determined once daily based on the closing price for the day?
- if correct, shouldn't the trading price reflect changes during the day, disregarding the NAV at close of the previous day?
- if the trading price doesn't reflect changes during the day, I suppose, in the case of a big change in underlying securities during the day, one should postpone a trade decision until the NAV for the previous day is published
- when will the NAV for the previous day appear in the quotation services? By open of trading on the following day?
Read Answer Asked by Carl on March 16, 2020
Q: With governments pouring money into businesses, dropping interest rates, Retirees and individual investors getting killed,(mostly by computers and algorithms) everything shutting down why don't they shut down the markets worldwide to stop the insanity and panic? This may seem simplistic but we make rules to protect ourselves in the mortgage market, we need to protect our companies and ourselves from sheer panic.
Mike
Read Answer Asked by Mike on March 16, 2020