Latest Stock Buy or Sell?

Educational Segment. Factor based investing will be key. In the business cycle, there is the slow-down recession part. Looking at 8 different business factors, what you want is profitability and low volatility as a key factor. Low volatility, high dividend companies are what you want.

Banks. Revenues will increase with interest rates, but it depends on the yield curve as well. There are some pressures on net interest margins. Steeper net interest margin curve means that the banks are more profitable. However, much is already priced in. Banks have relatively done well with the shift from growth to value. However, does not think it will outperform.

Would go for the defensive nature and dividend slant of the Harvest fund. It makes sense to be defensive. MER is a little higher but worth it for the active management. It has a longer term growth aspect to it as well.

Recommended this a few years ago as his favoured tech play. 5-10 years, there will be relative outperformance. In the near term, tech is out of favour. Thinks it will dip even further. Would wait for a pullback before putting new money in.

A way to extract yield from the markets without too much risk. Has always recommended for income.

A financial, dividend paying strategy. Has banks, insurance companies and dividend payers. A concentrated investment in financials so keep this in mind for allocation. Around 6% yield. However, underlying is not earning 6%, so there is a return of capital. A tax effective way to get exposure to financials.

Gold. Gold stocks remain very cheap relative to the underlying asset. Has been trimming a little here. Hard assets work during sustained inflation. However, long bonds can get attractive relative to gold, depending on how it goes. The inflation is from the supply side. Gold could be a trade.