SLF-T
It is a pretty safe company with a reasonable dividend. He would not buy it until there is a blow off. Insider selling has been very heavy. It is a leader in the Canadian field. If you want to put it away, it is a good one for that purpose.
It is a pretty safe company with a reasonable dividend. He would not buy it until there is a blow off. Insider selling has been very heavy. It is a leader in the Canadian field. If you want to put it away, it is a good one for that purpose.
Unsure why it's dropped a lot lately, but he likes the fundamentals of the insurers. Interest rates are rising and people are living longer, so the lifecos can collect premiums for longer. There is rotation between lifecos and banks, and that
could be happening now. Thinks SLF is the best Canadian insurance stock and believes in the insurance industry long-term.
Unsure why it's dropped a lot lately, but he likes the fundamentals of the insurers. Interest rates are rising and people are living longer, so the lifecos can collect premiums for longer. There is rotation between lifecos and banks, and that
could be happening now. Thinks SLF is the best Canadian insurance stock and believes in the insurance industry long-term.
He recently evaluated this space. As interest rates increase their long term liabilities should become more profitable. They are cleaning up their operational issues. He hopes there will be a market pullback, so they might be able to step back in. He actually prefers Manulife (MFC-T), but is watching both. He would love to buy both of these if the stock prices drop by $5.
He recently evaluated this space. As interest rates increase their long term liabilities should become more profitable. They are cleaning up their operational issues. He hopes there will be a market pullback, so they might be able to step back in. He actually prefers Manulife (MFC-T), but is watching both. He would love to buy both of these if the stock prices drop by $5.
