Q: Hi Peter, What are your thoughts in GII.un? On a risk scale of 1 to 10 with 10 being off-the-scale risky, where would you place it. The dividend looks to good to be true. Thanks. Barry
For a $21,000 RRSP, would you recommend only ETF's, and if so, which ones that would reflect the kind of holdings in the Model Portfolio?
Or alternatively, if trading costs through a discount broker are $10 per stock, and I wanted to purchase at least 15 names from the model portfolio, which 5 of the 20 names could I neglect? My thinking is that while some ETF purchases could be commission-free through Scotia iTrade, the on-going MER's of the ETFs would cut into the returns. In this scenario, the $150 trading costs don't seem excessive over time.
As usual, thanks for your thoughtful answers. Your service is first-rate!
What are your thoughts on the JP Morgan Tarp Warrants, JPM.WS currently at $17.43/share. The exercise price is $42 until October 2018. Currently JPM is at 56.00, say 57, therefore my break even is 17.43+42 = $59.43/share until October 2018. One could with some degree of confidence say that JPM should be higher than 60.00/share by October 2018 even assuming their current 6.00 EPS for the next 5 years.
Q: Hi Peter and company
I was wondering whether you could comment on an ETF which holds water-related companies. The ticker is CWW. It has done very well over the last few years but is fairly thinly traded and I would appreciate your opinion on water as a long-term investing theme.
Could you comment on the the First National preferred share, FN.PR.A. At the current price of 16.00 it yields 7.27% which seems high. It is a rate reset and converts to Floating Rate at 207 bps over the GOC 5 year index in 2016. So it has some inflation protection. Is there a risk here that I don't see. Thanks
Q: Your answer to Bill July 31 was to have 15 stocks for $25,000.00 At that rate it works out to $1,666.00 a stock. Is that so when your up you make alittle But when your stock gos down you don't lose a lot.I've only been playing the stocks about 6 months so everything is quite new to me. If I could show you what I own hopefully you could help with some changes. i'm hoping this is not to long of a question. I have DHX-$2.45x1000s. SYZ-$5.35x2000s DND-$4.25x750s CMI-$1.60x4000s AYA-$5.99x1000s CXS-$2.22x2000s Iput in $35,000.00 Should I be selling part of the shares off to get it to aprox. $1.666.00 a stock. I don't mind taking a bit of a chance. Thanks for all your help. Andy
Q: Peter .... i would like to get into natural gas and to this end what would you suggest as a company .... would be nice to have a stable dividend as well with the potential growth should nat gas prices increase ...thx
Q: i am planing to switch my stocks to the model portfolio.some of them has exceptionally done well so far.few of them are in minus,do you still have faith in them also?.I BELIEVE THE ANSWER IS YES BUT double checking before i adjust for long term on tuesday.Your service has been greatest support to us.
Q: Amazingly fast reply to my comments on IPL.UN.
Would appreciate an update & opinion on GNV. Next quarterly is due to report this week. Again, thanks Peter & all staff for your excellent & very accurate reporting.
Q: Not a question - just a comment from someone last week with regard to IPL.UN - ie: no listing of Officers /Directors holding common shares. There are no shares per se as this entity was structured as a Limited Partnership. A change is being made, almost immediately to convert to a corporation. meeting is scheduled
Q: Finning Inter. FTT
Hi Peter,
I just joined and I am reviewing my portfolio taking into consideration your model.
I own FTT since early 2011 and Iam down 20% I am considering replacing it by IPL.UN.
What do you recommend?
Thanks
Raouf