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Compiling comments that experts make about stocks while on public TV.

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John DeGoey , VP & Assoc Portfolio Mgr

Burgeonvest Bick Securities


Date Signal Chart Symbol Company Opinion Price
2014-12-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

30-day rule. If you sell a stock in a self-directed cash account with a capital gain, and at the same time purchase the same stock in a self-directed TFSA,  does the 30 day rule apply? His understanding is that the answer is Yes.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Economy. It is generally conceded that next year we will still see global growth pretty sluggish and tepid. This makes it more important for investors to keep their costs low. If Real Return is fairly constant (Real Return is the return above inflation) and inflation is very low, then right away the nominal return is low. If we have tepid growth, then returns might be even lower still. We have muted growth and very little inflation, so the total return for the equity markets might be mid-single digits for the next little while. If that’s the case and you are using a traditional mutual fund where you are paying a 2.5%, that is half your return. Whatever you can do to in reduce your costs is really important. That includes the cost for advice you are getting. People who have a 7 digit portfolio should be paying less than 1% for advice.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

2015 Investing Resolutions.

  1. Keep track of your household net worth (total assets -total liabilities) annually - it should be growing.
  2. Resolve to cut costs in 2015; financial advice for a 7 digit portfolio should cost >1%, IMO.
  3. Trade less. Research has shown repeatedly that trading correlates negatively to performance.
  4. Do all tax loss selling and make all charitable contributions before Christmas.
  5. Maximize all government plans if possible.
  • RRSP room can be found on your Notice of Assessment

Lifetime TFSA room is $31,000 with another $5500 in room coming in January.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Converting a stock portfolio with a lot of capital gains to an ETF? The deadline is Christmas Eve Dec 24th to have those capital gains pertinent to 2014. If you are prepared to wait for one more week, you can do the Sells and they can be counting against your 2015 tax liability, which allows you to push the tax bill back by 12 months. Make sure you keep the asset allocation consistent. On the other hand, you can do part of it for 2014, an additional part in 2015 and the rest in 2016. That will spread the tax bill out over 3 years.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Buying US stocks with Cdn$? He generally does not encourage doing this. If you have US$ already, then buy the US stocks with the US$'s.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

What does it mean for an ETF to be Canadian dollar hedged and why is this advantageous? What you have to think about is whether or not the Canadian dollar is going to go up or down relative to the US dollar. The US dollar has been appreciating relative to the Canadian dollar for the past 4 or so months because of the drop in oil prices. As a result an unhedged position would be advantageous for you. However, if you ever thought the Canadian dollar was going up relative to the US dollar, putting the hedge in place is the way to save yourself from getting money back when you convert the currency back.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-18 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold bullion ETF? Doesn't think that there is one in bullion. He would not recommend gold in general. Gold has been hovering around $1200 and he does not think it is going to change anytime soon.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-18 TOP PICK Must be logged in to use chart COW-T iShares Global Agriculture ETF

Agricultural commodities and agricultural products are his favourite assets. The thesis is that farmland is being eaten up by urbanization. Global population is now over 7 billion. As farmland goes down and population goes up, it is a supply/demand thing. There are very few hard assets that have such a steady, but consistently positive upward sloping growth chart like this one has.


Price:
$30.950
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-12-18 TOP PICK Must be logged in to use chart CRBN-N iShares MSCI ACWI Low Carbon Target

This is a global product with a low carbon footprint. (A brand new product.) Exposure to high carbon things can be a real drag on your portfolio performance. It doesn’t exclude carbon products; it just significantly underweight’s them, while getting exposure to the rest of the world.


Price:
$92.550
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-18 BUY Must be logged in to use chart FHH-T FT AphaDEX US Health Care

A fairly new US healthcare hedged back to Canadian dollars. This is a good way to get exposure to the sector.


Price:
$20.500
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-12-18 DON'T BUY Must be logged in to use chart RBO-T RBC 1 5 Year Laddered Corporate Bond ETF

Doesn’t like any bond ETF, because he doesn’t like bonds in this environment. This one is good, but for the past 4 or 5 months, this has been trending ever so slightly downwards, and that is what you can expect from most bond positions for the next little while. You are going to go poor slowly. He does not anticipate an interest rate hike this year, or even the year after. When that does happen, bond positions will lose even more money.


Price:
$20.040
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-12-18 PAST TOP PICK Must be logged in to use chart VDU-T Vanguard FTSE Developed ex-NA ETF

(A Top Pick Dec 31/13. Up 3.15%.) Most of this is Europe, which has had a difficult year. Most people have too much money in Canada. Going forward, he thinks Europe will do better than Canada, because of Canada’s large exposure to energy.


Price:
$28.040
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-12-18 COMMENT Must be logged in to use chart VDY-T Vanguard FTSE Cdn High Div Yd.

Bond ETF’s? He can’t recommend any, because there is not a single one that he likes. This is because we are at an all-time low in interest rates, and he doesn’t like bond ETF’s. You might want to consider using a dividend ETF instead. It will be a little more volatile, but there is not a great deal of downside risk if you are buying now. He would recommend Vanguard FTSE Cdn High Dividend Yield  (VDY-T).


Price:
$30.830
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-12-18 PAST TOP PICK Must be logged in to use chart VEE-T Vanguard MSCI Emerg. Mkt. ETF

(A Top Pick Dec 31/13. Up 6.58%.) It has done okay in the past little while. Emerging markets have had a bit of a tough time with a pullback in the past 4-5 months. He continues to insist that emerging markets are the most under owned asset class in Canada. This is a long-term hold.


Price:
$27.560
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-12-18 COMMENT Must be logged in to use chart VNQI-Q Vanguard Global ex-US Real Estate

International stocks have had a bit of a bad run. This one is ex-US real estate. Has been beaten up at bit. He would not use it for more than 3%-4% of your portfolio. It’s fine and will be low cost.


Price:
$54.650
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 748 entries
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