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Locked: What did you buy? What might you buy??

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  • Nov 16th, 2022 11:49 am
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Sr. Member
Aug 9, 2018
943 posts
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Bought the dip in WELL and got out after in the same day
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Feb 28, 2006
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Toronto
bought CVE, taking a gamble on oil
...
Newbie
Jun 8, 2015
81 posts
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Vancouver, BC
Thoughts on adding canadian banks? Anyone hold a variety or just stick with one? I currently have TD but wondering if it makes sense to add another to the portfolio?
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Dec 12, 2009
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AndyB35 wrote: Thoughts on adding canadian banks? Anyone hold a variety or just stick with one? I currently have TD but wondering if it makes sense to add another to the portfolio?
I have all 5 major banks. I am so overweight in banks, I need to spread the risk as much as I can.
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Deal Expert
Jan 27, 2006
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AndyB35 wrote: Thoughts on adding canadian banks? Anyone hold a variety or just stick with one? I currently have TD but wondering if it makes sense to add another to the portfolio?
Each Canadian bank is a little different so it depends on why you feel like adding another one? You can also add one of the many bank ETFs if you want to diversify easily OR one of the specialty bank ETFs like HCAL for a bit of spiciness.
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Mar 17, 2020
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AndyB35 wrote: Thoughts on adding canadian banks? Anyone hold a variety or just stick with one? I currently have TD but wondering if it makes sense to add another to the portfolio?
ZEB.TO
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May 12, 2004
3058 posts
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Mississauga
Anyone currently holding bpy.u looking to sell today as the price is higher than the offer at $18.17

Also I bought bpy.un. Is there a way I can sell my shares as bpy.u to get USD?
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Dec 12, 2009
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drwxr010 wrote: ZEB.TO
0.6% MER to have equal weight holdings in the 6 banks? I don't mind paying a fee where there is value to do so. There is no strategy or effort to buy 6 bank stocks.
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Mar 21, 2013
6154 posts
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Canada
Sold my position in KEY and used it to add to TRP and ENB.
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Dec 5, 2006
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will888 wrote: 0.6% MER to have equal weight holdings in the 6 banks? I don't mind paying a fee where there is value to do so. There is no strategy or effort to buy 6 bank stocks.
:)
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Dec 13, 2010
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AndyB35 wrote: Thoughts on adding canadian banks? Anyone hold a variety or just stick with one? I currently have TD but wondering if it makes sense to add another to the portfolio?
will888 wrote: I have all 5 major banks. I am so overweight in banks, I need to spread the risk as much as I can.
I am using WS trade so I had no issue spreading my bank exposure out to multiple banks and insurance. I figured why not?
I have BMO, BNS, CM, RY, TD, IAG, MFC, SLF
Sr. Member
Nov 14, 2006
736 posts
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Sold BAM.a and SU (both gained to recent high) to buy MFC. May swap for AQN post ex-div.
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thetipster wrote: I am using WS trade so I had no issue spreading my bank exposure out to multiple banks and insurance. I figured why not?
I have BMO, BNS, CM, RY, TD, IAG, MFC, SLF
Why no NA?

I don't like regional bank, but curious why you don't own it?
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Jun 2, 2020
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Van City
will888 wrote: 0.6% MER to have equal weight holdings in the 6 banks? I don't mind paying a fee where there is value to do so. There is no strategy or effort to buy 6 bank stocks.
There’s also RBNK which rebalances based on div yields. Just something to consider - mer=0.32%
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Dec 13, 2010
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smartie wrote: Why no NA?

I don't like regional bank, but curious why you don't own it?
I did own NA. Sold it around $86 after it ran up a lot and bought BMO with that $$.
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Dec 12, 2009
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PaddyM77101 wrote: There’s also RBNK which rebalances based on div yields. Just something to consider - mer=0.32%
That is a lot better than 0.6% MER for nothing. ETFs are a good option for diversifying a smaller positions. For myself, I don't care that much about rebalancing on yield. The shares that I have bought, I intend to hold for the long haul. That said, I wonder if all the jockeying around will earn back 0.32% yield on an ongoing basis.
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Jan 31, 2016
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craftsman wrote: You should convince her to put some money in the company rather than the clothes... she could always buy more clothes with the money should would make.
Well, she agreed. She is 15 and would like to put $400 towards ATZ. Question is, can she? I guess I’d have to do it for her. Has anyone else invested for a youth?
Those who dance are considered insane by those who cannot hear the music - Carlin
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Jan 27, 2006
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Ketchenany wrote: Well, she agreed. She is 15 and would like to put $400 towards ATZ. Question is, can she? I guess I’d have to do it for her. Has anyone else invested for a youth?
Wow! That's good progress.

Here's an older thread (from 2013) about the subject - https://www.canadianmoneyforum.com/thre ... ons.15390/. There might be a few modifications since then but at least it's something.
Member
Mar 1, 2016
453 posts
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Blubbs wrote: Sold my position in KEY and used it to add to TRP and ENB.
Can you share why you decided to sell KEY? I feel like it still has some room to run, but curious as to your thinking.
Deal Addict
Jan 31, 2016
1008 posts
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craftsman wrote: Wow! That's good progress.

Here's an older thread (from 2013) about the subject - https://www.canadianmoneyforum.com/thre ... ons.15390/. There might be a few modifications since then but at least it's something.
I appreciate that. Thank you for putting this idea forward. Part of her inheritance from Grandma. Proud of her. I’ll have a read.
Those who dance are considered insane by those who cannot hear the music - Carlin

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