Viewing Expert John DeGoey | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

John DeGoey , Portfolio Manager

Burgeonvest Bick Securities


Date Signal Chart Symbol Company Opinion Price
2016-02-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Personal Finances.  A lot of people are standoffish with markets and investing their RRSP contribution.  You can contribute the money, but not invest it.  You can wait a week, month or a year.  RRSP contributions are declining year over year.  Part of it is because of a challenging economy and part of it is diversion to TFSAs.  Demographics are showing up and more people are retired.  If you are earning $45k or less it is definitely the TFSA that you should be contributing to.  From there to $90k it is a push to know and above then it is definitely the RRSP.  The TFSA has gone back to $5.5k and the RRSP max is $24,930 at $139k earnings.  It is 18% of the previous year’s earnings less any pension adjustment.  You can go back to age 18 to use your RRSP contribution room.  The provincial budget is giving us details of a cap and trade carbon tax and they are eager to give poorer people an education, which will help us.  People should look to avoid having carbon in their portfolio because it will be taxed.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-02-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Zero or negative rates.  Banks will not pay you to take out a mortgage.  Canada could get negative rates, but he does not think we will actually get them.  Bonds would get a lift.  He has not used Bond ETFs for years because rates are so low.  He uses a bond global mutual fund that gets a better point on the yield curve. 


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-02-26 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

30% cash.  He would not do this but will not stand in the way.  A year later the caller might have non-buyer’s remorse.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-02-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Take CPP as soon as possible? You can get them as early as age 60, normally 65 or as late as 70 at an enhanced payout, but what if you don’t live that long.  If you take it early and invest in your TFSA with the funds then you have a ‘self administered CPP’.  This applies only if you don’t need the money to live on.  If you live to mid 90s, then you are better to wait until age 70 to collect.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-02-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

There is no magic number as to how to distribute between stocks and ETFs.  He allocates equities equally between Canada/US and the International.  If you include emerging markets in International, then make it a quarter Canada, Quarter US, Quarter emerging markets and the last quarter to the rest.  Canada has way too much home country bias.  He thinks the Canadian dollar has hit its low and bounced and there is not a lot to lose over the next year in currency changes.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-02-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

ETF Fees.  They come out of the fund slowly so you don’t see it.  The lowest cost product will outperform on average.  The less MER the more you get to keep.  Other than MER there is the trading expense, and trading can get you hit with capital gains for tax purposes.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-02-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Oil.  You have to decide what your entry point will be.  He got a lot of unsolicited orders to buy when oil was $45 a barrel.  He is of the opinion that oil will be lower for longer.  It will be higher in three to five years.  People are under estimating how long this can last.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-02-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Owning only all the banks: ultra concentration risk.  You are taking sector and country risk.  Banks around the world have seen better days.  They won’t come back to the way they used to do for a generation.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-02-26 DON'T BUY Must be logged in to use chart BBO-T Big Bank Big Oil Split Corp.

Big Bank / Big Oil. It is not an ETF but a novelty product (split product).  He is leery about oil and although it is above $30 now, he does not think bank profits will be that great and neither will the price of oil.  He thinks these are the two big things that are going to be hit the worst when the interest rates and price of oil both stay low for longer.


Price:
$4.060
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-02-26 PAST TOP PICK Must be logged in to use chart COW-T iShares Global Agriculture ETF

(Top Pick Mar 17/15, Down 5.76%) Everyone has to eat.  It is a good diversifier, counter cyclical.  It was down relatively less than other things around the world.  He sold about a month ago.


Price:
$30.540
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-02-26 PAST TOP PICK Must be logged in to use chart CWW-T iShares S&P Global Water E.T.F.

(Top Pick Mar 17/15, Up 1.28%) You need desalination and so on around the world.  The need is great.  He got out over the last two or three weeks to go into a fund that just came out.


Price:
$27.150
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-02-26 HOLD Must be logged in to use chart FIE-T iShares Cdn Financial Monthly Income ETF

Common stock, preferred shares, corporate bonds and income trusts.  Dividend paying stocks got hit pretty badly.  This is a good time to get into this one, or hold it if you already have it.  There is a return of capital so that is part of why the unit has gone down.  The fund is selling itself to pay part of the distribution.  He would not use it, but right now you would be getting in at a pretty low point.  He would not want to sell it.


Price:
$5.990
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-02-26 COMMENT Must be logged in to use chart HXT-T HBP S&P/TSX 60 Index ETF

It uses forward contacts to replicate the return of the TSX 60.  It tracks the TSX 60.  He is not sure how the holdings’ dividends are treated for tax purposes.


Price:
$24.820
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-02-26 TOP PICK Must be logged in to use chart VDY-T Vanguard FTSE Cdn High Div Yd.

Canada for the 5 past years has lagged the S&P.  It is time for the pendulum to swing back.  It is a highly diversified basket that has sold off a lot.  It is cheap, simple and pure.


Price:
$26.340
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-02-26 BUY Must be logged in to use chart VEE-T Vanguard MSCI Emerg. Mkt. ETF

VEE-T Vs. XST-T.  He is a big fan of VEE-T.  XST-T is a good, safe sort of thing to have.  It is pretty much recession proof.  You won’t get much lift, nor much drop.


Price:
$24.840
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 860 entries
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