/CTG/ - Canadian Investment General

Canadian investment possibilities are too different and closed off from the rest of the world that they can only casually participate to /smg/. Not sure how much it deserves its own thread, but I like it.

I only trade crypto cause I am a retard but I hope this becomes something so here's a bump

>using RBC direct investing
>ever
For
What
Porpoise?
Even if you want to go with a big (((bank))) instead of a good discount broker, there are plenty of better options.

Easiest to set up because my banking is with them. Auto-filled all the forms

ex financial advisor ama

Reminder to use currency neutral indexes so you don't get justed by an increasing oil price.

/smg/ here fuck canadians

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Forms take all of 5 seconds to fill from scratch at questrade, for example. Fees are going to rape you on the way up, down, and sideways. They're not outrageously outside the norm but they're on the expensive side among all possibilities. If you want to boomer long, it's fine though of course.

I hope you leaves enjoyed that dump on USD/CAD, we're in control now.

what leaf stocks do you guys like? for me, it's
LIF labrador iron ore
TECK teck, not a tech company, mostly coal mining and some metals
WTE westshore terminals, they own the port that teck sends it's coal out from

me, dealing with foreign currency becomes a headache

Fuck of Canada you already have legal weed and healthcare you don't need trendies too

>Forms take all of 5 seconds to fill from scratch at questrade, for example. Fees are going to rape you on the way up, down, and sideways. They're not outrageously outside the norm but they're on the expensive side among all possibilities. If you want to boomer long, it's fine though of course.
Definitely not day trading with these accounts, I want to make some long trades so it's fine for me

we also don't get the irs short term penalty holding of something for under a year means you pay more in taxes
also effectively a roth ira that you don't even need a job to put money in

Our healthcare is free because there is none, and the weed is legal because it's yet another of our government-backed criminal industries.

"Dear user,

While physical distancing is the right thing to do to defeat the COVID-19 virus, coming together to support one another is the most important thing we can do to keep our country strong. In these uncertain times, we need each other more than ever before.

That’s why we’ve created the RBC Client Relief Program. You’ve had many questions and will have many more as events evolve. We want you to know we are listening, and we’ll provide the support you need, especially if you are in challenging circumstances.

First, let me share what we’re doing to relieve some of the day-to-day pressure on your personal finances by:

Deferring payments on mortgages, credit cards, installment loans, and auto loans for up to six months;
Providing access to skipped payments through self-service online banking;
Ensuring credit scores are not impacted by deferred payments; and;
Waiving certain fees, like stop payment fees and ATM statement fees.

Second, we know many of our clients are facing additional pressure from lost employment, a major disruption in their business or unique family circumstances. Our employees are here to connect with you directly to create a personal plan to relieve the pressure you are facing. This may include reducing credit card interest charges by 50% for clients receiving credit card minimum payment deferrals. If you are experiencing more extreme financial hardship, please book a call with an advisor through our online appointment booking service.

Third, for our commercial and small business clients – key engines of the Canadian economy – you can count on RBC to provide immediate relief by enabling payment deferral and temporary limit increases where needed. We are also temporarily waiving setup fees for business client enrollment in electronic cash management and remote cheque processing solutions. We are working closely with government to implement their new programs for business, and our advisors are here to help you."

RBC must be in good shape

We all appreciate your effort, leaf. Thanks for posting something business related and not tranny/porn posting.

Where y'all putting money? Looking at restaurants right now A&W, AW-UN.TO, seems like a safe bet right looking for a few others.

All the banks are in good shape currently if you look at those who've done their Q1 2020 earning reports so far. I think those who've announced Q1 report delays are probably trying to get higher numbers before they announce that they've been fucked.

CTC.A
RUS
IPL
PPL
RNW
I have a good allocation of divvy stocks in general.

And for non-divvies,
KL only for now. I'm waiting to see what happens in RE to get a few REITs on the cheap. I'm on the lookout for other good value/opportunity non-divvies but everything looks pretty meh in general.

>AW-UN
they've already had a 50% upswing from their bottom, should have bought some
if you're looking for dividend paying stuff
tsx.exdividend.ca/
is a good site, think boston pizza royalties fund pays out well

>All the banks are in good shape
BMO
>First Quarter 2020 Compared With First Quarter 2019:
>Net income of $1,592 million and adjusted net income of $1,617 million, both up 5%
>Reported EPS of $2.37 and adjusted EPS of $2.41, both up 4%
>Revenue, net of CCPB, of $6,031 million, up 8%
>Provision for credit losses (PCL) of $349 million; includes PCL on performing loans of $25 million
>ROE of 13.3%, compared with 13.6%; adjusted ROE of 13.5%, compared with 13.9%
>Common Equity Tier 1 Ratio of 11.4%
Fuckin meracles.

>RUS
russel metals? I bought some cheap during the oil crash of 2015-6
>RNW
I once screwed up buying transalta and bought the wrong one, I ended up selling it being up 1k, nice mistake I made

do you know highliner, HLF? they sell seafood, mostly nova scotia, seems like a company that's taken a hit and hasn't recovered yet, doubt seafood is going away

The stock screener at tradingview works great to find divvy stocks as well and lets you add more metrics as well as filters.

based leaf bro, based thread.

What province are you all from? Newf here

Ontario - Toronto, originally from London

>HLF
I know the brand, but hadn't looked at their stocks yet.
Finances look really juicy, but stock activity isn't very hopeful in my opinion. I estimate that they're worth no more than $8, which is less than 30% up from the current price. Dividend yield is a bit low for my taste as well. They'll certainly never go bankrupt, but I'd have to investigate further and find a clear sign it has chances to head toward its ath to consider it (change of CEO perhaps).

>Ontario - Toronto
As a rural BCfag, I will have you know that I hate your guts. No hard feelings, though.

I don't like it either, I would rather move back to London but software development is all in Toronto or Waterloo

>software development
Urge to kill... rising...

current state is we rural people need cityfags and immigrants to put up the tax base so we can enjoy rural life far away from them
I lived in vancouver until I was 19, now live in a town of 15k

Hey, nobody ever said you can't hate the people you depend on. Hell, hating the people you depend on is basically the spirit of Yas Forums.

Damn, Boston Pizza looks like a solid buy right now.

What is your guy's philosophy on individual stock picking for shit like this? Just that the book value looks good? I'm uncomfortable holding stocks from companies I think make a dogshit product.

I'm expecting they'll cut their dividend, and having a liquor license means they're hurting a lot more than a drive through place like a&w

Honestly in this situation, the book value. In all other circumstances I'd rather put my money in something like A&W or another restaurant that I don't actively dislike.

all in on Suncor waiting for OPEC meeting results

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NOOB

RBC's P/E is under 10, good buy?

you got big balls, I respect that
but you're kind of dumb and I wouldn't want you anywhere near my money
for me banks are too exposed to canadian housing market, I'm waiting and seeing what happens
ultimatley I think things will work out, but that migh be because government increases immigration to 500k a year to keep the bubble up

It’s the Canadian way!

>globalization and importing immigrants from shitholes exposes us to pandemic risks
>import more immigrants!
We really are fucked, huh?

I'd say most banks are good buys right now. BNS, RY, LB probably some of the stronger choices.

I'm going to ride this bullshit pandemic out with my pizza pizza shares.

PIZZA GANG

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I would buy popeyes if I could but it's a part of RBI which includes a bunch of dogshit

>pizza pizza
The only thing I miss about Ontario, that 4-cheese blend and bacon strips instead of bacon bits was a god send when I lived in barracks.

Depends on my goal. For divvies I normally look at many things:
- TTM yield
- TTM gross income
- TTM free cash flow
- MRQ debt vs MRQ assets
- Yield history
- Payout ratio history
- Payout to FCF history
Whether I use fcf or gi against total dividend paid depends on if it's an acquisition-oriented company or not. FCF is better if not.
I don't touch companies which are using debt to pay dividends or that otherwise obviously can't sustain the current dividend level. Increasing dividend history on the other hand is a great buy signal.
But during corona I mostly use MRQ data since TTM is not as informative, so I base my longer-term outlook based on TTM and buy based on MRQ.

For growth potential, I mostly read directly about the company details and look at:
- P/E vs sector P/E
- EBITDA
- Assets and debt
- Generic income statements
- Mid to long-term stock price history
I also don't like holding companies I don't like the offerings of, but I recognize it's not at all a sensible stance if the goal is pure money-making.
Based on these metrics, I'd say BP is an excellent value buy right now.

Any American expats want to share their setup in Canada? I might actually move south because it's such a fucking hassle. I can't really use anything here.

DOO

Based.
One of my biggest holdings is RNW.
Down less than 10%

Boston Pizza already suspended their divy.
Don't do it!

What's everyone's option of ENB?

Div is gone but the stock along with the dividend will be back eventually, I don't see a company as large as BP going under.

It's cool, you're still America's favorite hat. Besides my pot stocks I have a bunch of WY that's mostly Canadian timberland based. Anything else I should look at while you collapse and we annex you?

lol

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mother fucking fucky fucker

BUY HIGH SELL LOW