Latest Expert Opinions

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Opinion
Expert
COMMENT
COMMENT
December 19, 2013

Bought a Jan $68 Put Option. Do you ever Buy your Puts back and if a Put is put to you, do you take the stock and Sell a Covered Call on it? Depends on the capital that you have available for that particular position. This is a Short Put so basically you are taking on an obligation to Buy Bank of Montréal at $68 until the January expiration. You get a premium if the stock is below $68 and would have to buy it. You could then Sell a Covered Call against it.

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Bank of Montreal (BMO-T)
December 19, 2013

Bought a Jan $68 Put Option. Do you ever Buy your Puts back and if a Put is put to you, do you take the stock and Sell a Covered Call on it? Depends on the capital that you have available for that particular position. This is a Short Put so basically you are taking on an obligation to Buy Bank of Montréal at $68 until the January expiration. You get a premium if the stock is below $68 and would have to buy it. You could then Sell a Covered Call against it.

COMMENT
COMMENT
December 19, 2013

This would be a great Hold, if you are looking for an income generating vehicle. If you are at a point in life where you want to have some income, this is a great way of doing it. 6.78% yield.

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This would be a great Hold, if you are looking for an income generating vehicle. If you are at a point in life where you want to have some income, this is a great way of doing it. 6.78% yield.

DON'T BUY
DON'T BUY
December 19, 2013

These are short-term positions, almost like buying an option. Not quite as leveraged as a Call option would be. There is certainly more risk to the downside. Not sure if retail is what is going to drive the US and Canadian economies next year so he is not excited about it. Feels there are real challenges with double and triple ETFs.

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These are short-term positions, almost like buying an option. Not quite as leveraged as a Call option would be. There is certainly more risk to the downside. Not sure if retail is what is going to drive the US and Canadian economies next year so he is not excited about it. Feels there are real challenges with double and triple ETFs.

COMMENT
COMMENT
December 19, 2013

Basically a 1-5 year laddered corporate bond portfolio, so you are buying corporate bonds. In theory they have short-terms to maturity. If looking at fixed income instruments throughout next year and probably the next couple of years, you want to keep your duration short. This fund yields more than you would expect given the short 1-5 year terms. This is because the manager of the fund is buying longer-term bonds, where the Call dates are 1 to 5 years. Most of those particular bonds, high-quality, are virtually all called within the 5 years. Good fund.

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Basically a 1-5 year laddered corporate bond portfolio, so you are buying corporate bonds. In theory they have short-terms to maturity. If looking at fixed income instruments throughout next year and probably the next couple of years, you want to keep your duration short. This fund yields more than you would expect given the short 1-5 year terms. This is because the manager of the fund is buying longer-term bonds, where the Call dates are 1 to 5 years. Most of those particular bonds, high-quality, are virtually all called within the 5 years. Good fund.

BUY
BUY
December 19, 2013

Likes this. He is very positive on financials for the next year. Canadian banks and the lifecos and both will benefit from higher interest rates. Very good ETF.

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Likes this. He is very positive on financials for the next year. Canadian banks and the lifecos and both will benefit from higher interest rates. Very good ETF.

COMMENT
COMMENT
December 19, 2013

Swiss currency is one of the stronger currencies globally. If you believe that the euro zone is going to do all right, this will probably do okay. He would probably take Canada over this one.

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Swiss currency is one of the stronger currencies globally. If you believe that the euro zone is going to do all right, this will probably do okay. He would probably take Canada over this one.

COMMENT
COMMENT
December 19, 2013

Is this a good one to play housing? One of the concerns that everyone has to have when looking at any REIT is that if interest rates are rising, that can slow down real estate. A reasonable Buy today but you have to bear in mind interest rates could negatively impact this. If he were doing it, he would just buy RioCan (REI.UN-T).

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Is this a good one to play housing? One of the concerns that everyone has to have when looking at any REIT is that if interest rates are rising, that can slow down real estate. A reasonable Buy today but you have to bear in mind interest rates could negatively impact this. If he were doing it, he would just buy RioCan (REI.UN-T).