stockchase picture

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

Expert Index

List by First Name

List by Last Name

John DeGoey , VP & Assoc Portfolio Mgr

Burgeonvest Bick Securities


Date Signal Chart Symbol Company Opinion Price
2015-03-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. He is expecting stalling growing growth in the economy. We are in a situation where GDP growth globally, certainly in the Western world, has gone from 3% to 2.5% to 2%, and now quite possibly dropping below that. Growth in emerging markets used to be very high single digits, and is now perhaps in the lower half of single digits. This is in spite of having debt levels that are really ridiculous, where you really can’t do much more to spur growth there. Also, the stimulus policies are just unprecedented. Unemployment remains high and growth remains very low. Consumers can’t spend more because they are maxed out. The US might be the one exception, because they might actually start raising rates to deal with this. At some point, market efficiencies say that you should be taking into account all available information, including information that hasn’t happened yet. There are 3 sectors which are “slowing growth proof”, i.e. not as likely to be susceptible to slowing growth. These are agriculture, water and infrastructure. (See Top Picks.)


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
_N/A
2015-03-17 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian listed ETFs giving exposure to stronger US sectors? Hedged or unhedged? The company that has sort of cornered the market on various sector based in the US, is First Trust, and they have about 9 of them. They are currently unhedged and will remain so for the foreseeable future. If the Cdn$ sinks low enough, they will consider putting a hedge back on. When the Cdn$ drops below $0.75, that is the time when it will be prudent to put a hedge on.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2015-03-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market timing? He is a skeptic of market timing. There are 3 things that he tries not to do. 1.) Pick stocks, 2) pick people who pick stocks and 3) those who time markets. Timing markets is very difficult. It presumes a level of intuition and foresight, which he doesn’t think people can genuinely claim to have. As a result, he looks a lot more to building a diversified portfolio within asset classes, and then adjust to trim the sales as circumstances change.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
_N/A
2015-03-17 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Corporate bond ETF’s? He does not like bonds. He can’t, in good conscience, recommend that anyone buy a bond, when the Government of Canada bond is paying less than the inflation rate. That is a negative real return in Canadian bonds right now. Use a high interest rate savings account if you don’t know exactly when you are going to need the money, or even a regular bank GIC.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
No
2015-03-17 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Tax ramifications of holding US dividend ETF’s in a nonregistered account? The problem is that you don’t get the dividend tax credit. He would rather you held US dividends in an RRSP, so that you don’t have to worry about that sort of thing.


Price:
$0.020
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
_N/A
2015-03-17 TOP PICK Must be logged in to use chart COW-T iShares Global Agriculture ETF

Agriculture. This is something he has been recommending a fair bit for the past while. Agricultural commodities from around the world. He thinks we are at the point where we have 7 billion people and a population that is going up. The amount of mouths that have to be fed is increasing.


Price:
$33.130
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-03-17 TOP PICK Must be logged in to use chart CWW-T iShares S&P Global Water E.T.F.

Water. This is the usual pipelines, sewers, desalinization plants, etc. Only about 1% of the world’s water is fresh water, and even some of that is starting to melt. This is going to be a really important play down the road, because there are parts of the world that do not have access to clean water. It is going to become more and more of a geopolitical issue.


Price:
$27.180
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-03-17 PAST TOP PICK Must be logged in to use chart VCN-T Vanguard FTSE Cda All Cap ETF

(A Top Pick Feb 25/14. Up 7.46%.) This company has a very broad diversification and very low turnover, so very tax effective and very cheap. Almost all of the gains came in the 1st half of the past year.


Price:
$30.130
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-03-17 PAST TOP PICK Must be logged in to use chart VDU-T Vanguard FTSE Developed ex-NA ETF

(A Top Pick Feb 25/14. Up 12.55%.) This has done fairly well. Double digit is a healthy return by any reasonable standard. Most of the gains here came in the last 2-3 months.


Price:
$31.880
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-03-17 COMMENT Must be logged in to use chart VDY-T Vanguard FTSE Cdn High Div Yd.

This is the ETF that he uses for preferred shares. The Canadian stock market has had a rough go of it since about Labour Day, but nonetheless, the yield is in the low to mid 3% range. Broadly diversified. Very inexpensive.


Price:
$30.710
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2015-03-17 COMMENT Must be logged in to use chart VEE-T Vanguard MSCI Emerg. Mkt. ETF

He likes emerging markets, and this is the ETF that he uses the most. This is broadly diversified and holds 33-34 different countries.


Price:
$30.740
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2015-03-17 PAST TOP PICK Must be logged in to use chart VUN-T Vanguard US Total Mkt Ind ETF

(A Top Pick Feb 25/14. Up 30.73%.) The US market has done so well in the last little while, partially just because the US stock market has done well. This percent gain has been magnified because of the currency doing so well. This is not sustainable, so don’t expect this again anytime soon.


Price:
$37.510
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-03-17 DON'T BUY Must be logged in to use chart XEG-T iUnits S&P/TSX Capped Energy ETF

He generally does not like this. He has not recommended energy for 1.5 to 2 years, or perhaps even longer. Oil is still dropping, and that trend may very well continue downwards.


Price:
$13.380
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
No
2015-03-17 COMMENT Must be logged in to use chart XIN-T iShares MSCI EAFE (CAD-Hedged) ETF

He likes this and it is as good as any other. There are 3 or 4 that are relatively homogenous, and usually when looking at this, you are looking at this company, Bank of Montréal and Vanguard. These are the 3 leaders in low cost beta. This ETF is the largest and oldest, and he has used this a fair bit in the past. Ridiculously cheap and a very good product.


Price:
$24.880
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2015-03-17 COMMENT Must be logged in to use chart XWD-T iShares MSCI World Index Fund

An ETF that holds stocks around the world. He just used this for one of his client’s RESP. It gives you exposure to the stock market globally. MER is very low. Especially good for small accounts like RESP’s and TFSA’s.


Price:
$40.680
Subject:
PERSONAL FINANCE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 767 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.