N/A
A Comment -- General Comments From an Expert
Market. There is no need to worry about Trump's latest tweets about trade with China. It is just Trump being Trump. Put yourself in China's shoes. Is there a bigger risk of US markets collapsing and Trump having to give in? He thinks you have the potential to see China say for the US to raise tariffs. He would not be surprised if China called his bluff. More tariffs are bad for the world, but he thinks this is the only way to bring China to the table.
Unknown
N/A
Preferred Shares that have declined dramatically. There is a place for preferreds in everyone's portfolios but you have to understand the sensitivities. When rates are falling, the reset preferreds have price risk, but they are beneficial as rates rise. The reset preferreds are much more risky.
Unknown
SELL
ZWE-T vs. ZWP-T. He sold most of his ZWE-T to purchase ZWP-T, which is the same thing except he gets more exposure to the British pound and Euro. He prefers that exposure as we get close to the end of BREXIT. He is vastly underweight Europe generally.
E.T.F.'s
BUY
ZWE-T vs. ZWP-T He sold most of his ZWE-T to purchase ZWP-T, which is the same thing except he gets more exposure to the British pound and Euro. He prefers that exposure as we get close to the end of BREXIT. He is vastly underweight Europe generally.
E.T.F.'s
COMMENT
ZPH-T vs. ZPW-T. When the view is that the CAD$ is going to get weaker you don’t want to be hedged. If it is going to be stronger, then you want currency hedged.
E.T.F.'s
COMMENT
ZPH-T vs. ZPW-T. When the view is that the CAD$ is going to get weaker you don’t want to be hedged. If it is going to be stronger, then you want currency hedged.
E.T.F.'s
N/A
Return of Capital in non-registered accounts. The bad return of capital is when you earn a dividend and half of it is return of capital. Good return of capital is when a young ETF grows hugely. As dividends are coming in and the ETF is growing due to new investment by unit holders, they return some capital so everyone gets the higher dividend.
Unknown
COMMENT

All of them are thinly traded and which one is recommended. Which one you select depends on specific situations. HBF-T is their brand product, looking at high quality brand leaders – names you know. They tend to be good dividend payers. It is a pretty decent size. The other two are good quality companies also. Be careful of a small ETF that has only been out a couple of years.

E.T.F.'s
COMMENT
All of them are thinly traded and which one is recommended. Which one you select depends on specific situations. When you trade them you should use market orders. HBF-T is their brand product, looking at high quality brand leaders – names you know. They tend to be good dividend payers. It is a pretty decent size. The other two are good quality companies also. Be careful of a small ETF that has only been out a couple of years.
E.T.F.'s
COMMENT
All of them are thinly traded and which one is recommended. Which one you select depends on specific situations. When you trade them you should use market orders. HBF-T is their brand product, looking at high quality brand leaders – names you know. They tend to be good dividend payers. It is a pretty decent size. The other two are good quality companies also. Be careful of a small ETF that has only been out a couple of years.
E.T.F.'s
WATCH
China – purchasing stocks, not ETFs in order to diversify. The Hong Kong – listed shares vs. the 'A' share markets differ quite dramatically over time. China has growth issues with the average age being 42. They are still a major growth engine for the world but with 50% more volatile than the rest of the world. He has no direct exposure right now to the Chinese market. He is looking for a pull back later this year in order to step in.
Unknown
N/A
Educational Segment. Financial Planning. The Financial Planning standards counsel puts out a document every year with guidelines for assumptions that planners should make when doing planning for clients. The average Canadian is almost 41 years old. You have a 10% probability of one of a couple getting to 101 years of age. 25% is the chances of getting to 98 and 50% for getting to 95. Net returns after fees in conservative portfolios are only 3.16% so retirees want to go into aggressive portfolios. Canadian stocks do not have the exposure to the high growth sectors. He thinks financial planners have a high likelihood to underperform. People are not saving enough.
Unknown
N/A
A Comment -- General Comments From an Expert
Market. Everything in the model looks really good. He is looking for the NASDAQ to be the growth part of his portfolio. The trade deal affects some parts, but Tech situations are up. The TSE has not had any rate of return in years. S&P and NAZDAQ stocks have done very well. You have to have some growth in the portfolio or it will underperform. Bank stocks, for example, have done nothing. There is 2% inflation eating away at your nest egg every year.
Unknown
DON'T BUY
Northland Power Inc
It has been good over the last year. He is not in this sector. His only caveat is the debt on the balance sheet. There is nothing else wrong with it.
Utilities
BUY ON WEAKNESS
It is one of the best stocks on the board. Buy it on a bad day like today. It is still growing at over 20%. It is not affected by the trade wars.
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