Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
December 17, 2018
(A Top Pick May 14/18, Up 8%) A Sept. $300 put. This option wouldn't have been assigned, because it expired Sept. 21. He was obligated to buy it at $300 and put up $30,000 to secure it with cash. You'd have that $30K sitting in a treasury bill until the option expires, then base your return on having that money at play here.
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Netflix Inc. (NFLX-Q)
December 17, 2018
(A Top Pick May 14/18, Up 8%) A Sept. $300 put. This option wouldn't have been assigned, because it expired Sept. 21. He was obligated to buy it at $300 and put up $30,000 to secure it with cash. You'd have that $30K sitting in a treasury bill until the option expires, then base your return on having that money at play here.
PAST TOP PICK
PAST TOP PICK
December 17, 2018
(A Top Pick May 14/18, Down 18%) An October $185 put. He was obligated to buy after he took the premium. His net cost was $175. It's $144 now. If you'd bought the stock, you would've bought it $10 higher; but if the stock had run, you would've done better. He was selling puts at that point, because he felt FB had had a good run and would have deceased (though not a much as happened). He'd sell a covered call against it now.
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Facebook (FB-Q)
December 17, 2018
(A Top Pick May 14/18, Down 18%) An October $185 put. He was obligated to buy after he took the premium. His net cost was $175. It's $144 now. If you'd bought the stock, you would've bought it $10 higher; but if the stock had run, you would've done better. He was selling puts at that point, because he felt FB had had a good run and would have deceased (though not a much as happened). He'd sell a covered call against it now.
PAST TOP PICK
PAST TOP PICK
December 17, 2018
(A Top Pick May 14/18, Down 14%) Oct. $75 put. He acquired at $70, and it's now $60. If he took in the stock today, he'd just write another call, $60 at 2-3 months out, and likely get $4-5.
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Altaba Inc (AABA-Q)
December 17, 2018
(A Top Pick May 14/18, Down 14%) Oct. $75 put. He acquired at $70, and it's now $60. If he took in the stock today, he'd just write another call, $60 at 2-3 months out, and likely get $4-5.
COMMENT
COMMENT
December 17, 2018
What ETF will hold capital over the next 12 months to buy for a RRSP account with USD? A USD GIC or a money market funder if you don't want to lose any money. At best, the market will offer single-digit returns. Look at the Spiders (ETFs), the grandddaddy of them all, or TLT. Do a 50/50 split.
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What ETF will hold capital over the next 12 months to buy for a RRSP account with USD? A USD GIC or a money market funder if you don't want to lose any money. At best, the market will offer single-digit returns. Look at the Spiders (ETFs), the grandddaddy of them all, or TLT. Do a 50/50 split.
DON'T BUY
DON'T BUY
December 17, 2018
He doesn't like gold. If he were trading it, he would invest in gold companies, not an ETF. Write a covered call against those companies, like Agnico Eagle or Goldcorp.
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He doesn't like gold. If he were trading it, he would invest in gold companies, not an ETF. Write a covered call against those companies, like Agnico Eagle or Goldcorp.
BUY
BUY
December 17, 2018
This is a defensive to hold/buy for the next 12 months. High-dividend payers are in this ETF, and those stocks (i.e. BCE, Enbridge) are holding on well in this market. Yields are supporting their prices.
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This is a defensive to hold/buy for the next 12 months. High-dividend payers are in this ETF, and those stocks (i.e. BCE, Enbridge) are holding on well in this market. Yields are supporting their prices.
COMMENT
COMMENT
December 17, 2018
For a self-employed investor, if I keep buying this over and over, should I be concerned about the NAV? Asset allocation is definitely a strategy. VGRO is favouring growth in an aggressive asset mix. If you're a growth investor for the next five years, this is fine. Otherwise, look at XIU; a short-term bond portfolio; a universal bond portfolio; and a Spyder to cover the S&P 500.
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For a self-employed investor, if I keep buying this over and over, should I be concerned about the NAV? Asset allocation is definitely a strategy. VGRO is favouring growth in an aggressive asset mix. If you're a growth investor for the next five years, this is fine. Otherwise, look at XIU; a short-term bond portfolio; a universal bond portfolio; and a Spyder to cover the S&P 500.