Canadian Banc Corp T.BK

Buzz on the Bullboards: Quarterly reports and company mergers

[Krokmiten]

In this week i buy for 15k of bk and Prl.to (40%) gain rigth now I have a solid tolerance for risk  

[mouserman]

Showing a gain of $1.21 since April 30th.. only FTN and FFN had a bigger gain. FFN has a much lower UNIT NAV to start MAY, so the % gain is much higher. Last trade @ $11.37 means BK trading at a

[Jonathon Brown]

This week also marks the heart of quarterly earnings season, when companies disclose their financial and operational performance. read article.

[flamingogold]

Ask yourself if you bought anything during this last downturn, specifically in the week post April 2nd. If you were a seller or even did nothing then I would say that it may not be in your best

[rixpix]

Do it. And if you can stomach the debt, borrow more. GL 

[mouserman]

Showing  gain of 77 cents since April 30. This values the commons at $11.43 , and now trading at a slight discount of 23 cents , with the last trade @ $11.20

[Krokmiten]

I can start with 100k and average down on downturn. At 11$ there still place for some growth il think

[flamingogold]

If you have the stones to do this, I'd rather wait for a weaker market to flip the switch. BK has an outstanding record of paying but it adjusts down as markets weaken. The risk here is that on a

[Krokmiten]

I’m considering borrowing $200,000 from a home equity line of credit at 5.3% interest to invest in a non-registered account, with the goal of making the interest tax-deductible. I'm looking at

[DanderBolt]

I've also had these ideas, I'm not 100% sure but I think in Canada you can write off the interest rate on the loan if it's used to buy and income generating asset with some rules

[flamingogold]

Post financial crises I played the carry-trade. I borrowed on my HELOC which was under 4% and made interest only payments. I used the proceeds to buy DGS which was paying close to 20% at the time. It

[43andRetired]

https://www.interactivebrokers.ca/en/trading/margin-rates.php

[deisman03]

Just look at the charts. Lower highs and lower lows. It's a recipe to lose your principle faster than the distribution replaces it, even if you don't borrow money at whatever rate.  All

[Levent14]

How can you borrow with 6 % ? Asking to learn how can do that.

[cscott4758]

I have been watching BK and own some the last few months. What would the risk be if you borrow at 6% interest rate to purchase this stock. I understand there is risk in stock but the dividend has

[mouserman]

So at least one of my spreadsheets came out exact... Will give new estimate  after  the full update comes out.