WATCH

It has had a long, long downtrend and recently found its footing, hitting his downside target of four times book value. $65 would be a good floor on this stock at which point you buy.

RISKY

When you get a 28% yield you have to be careful. They cut the dividend. The balance sheet has been falling from the last 5 years and then a sharper plunge with some write-offs. There is nothing wrong with the balance sheet. He thinks it would be a very interesting speculation.

TOP PICK

He is sticking with this name. It is really cheap. He expects Warren Buffet will expect a nice dividend from this company and it could afford to pay a nice one.

TOP PICK

It tends to bottom as the market is topping. It has a good yield and is low risk. (Analysts’ target: $36.86).

TOP PICK

The stock is trading down at a very low level. There is probably a nice recovery of 20-25% in the stock. (Analysts’ target: $52.40).

N/A

Market. The trend in Tech is still up. There has been a change in the character of the volatility since February. Of particular interest in the sector is the concentration. The top 5 stocks in terms of market cap on the S&P are the same market cap as the bottom 282 stocks by market cap. Tech indexes are concentrated in the largest 5. That leads to unintended consequences when managing risk. You are not getting the expected diversification. You want several sources of return that are unique and different. The indices that had a big piece of FB-Q had a big drop on the day FB-Q dropped. You should look at ETFs that don't let this concentration happen.

N/A

Oil ETF Recommendation. The IXC-N gives exposure in the US. He prefers to invest in producers than the commodity.

BUY

Where to put $200K cash besides Banks in Canada, Utilities and European dividends. Add REITs for their inflation hedge, XRE-T and ZRE-T are good, but XRE-T is equal weight so gives you less concentration and more diversification. Consider also something more global.

N/A

Millennium Investor – ETF vs. Mutual Find. The ETF is an evolution in technology. Their management fees tend to be lower. A mutual fund is not different in its structure. If you want some exposure to something and there is no ETF then you can consider a mutual fund. ETFs trade intraday vs. Mutual Funds trade at the end of the day.

N/A

Covered Call ETF or buy equity and write your own. You need to be diversified – 20 stocks. Do you have enough capital? Do you have the time to be writing these calls? You are paying retail level commissions.

RISKY

Most of what you receive from this ETF is capital gains. It is an interesting ETF- the largest 25 tech companies, equal weight with covered calls. Covered calls are better for stocks going sideways. He does not think this is a prudent investment for a retiree. Be careful here. The covered writes buffer on the downside a little.

PAST TOP PICK

(A Top Pick Jun 4/18, Down 12%) It is a wonderful buying opportunity. It is about diversification. China is the number 2 economy in the world. The china 'A' shares is the second largest market cap in the world. This ETF includes this 'A' share market. The rebound recently is due to the announcement of stimulus to fight the tariffs and slowing economy. Stick with this one.

PAST TOP PICK

(A Top Pick Jun 4/18, Down 2%) It is subject to oil. You want to have economies that produce resources and then compliment them with economies that consume them.

PAST TOP PICK

(A Top Pick Jun 4/18, Down 1%) It is a global balanced portfolio. It maximizes the diversification.

RISKY

Marijuana. The ETF gives you the basket of securities. When you go into an area that is new, you are never going to buy these stocks cheap. We had high momentum and now it seems to have broken down. You have to manage risk carefully. Have a stop loss.