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Hi Mat and Dan, I hope everything’s going well. I heard Dan say in one of the videos that he regrets not buying National Bank. I was wondering what you guys thought about it today? I know the banks are in a bit of a pickle right now, but I’m thinking long term. Or, would you just recommend sticking with the big guys? – RY and TD? Thanks for your thoughts!

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Asked on November 5, 2020 11:40 am
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National Bank definitely has more risk than a company like TD and RY. However, in my opinion they're all solid options right now.

I know a LOT of people think I'm bearish on Scotiabank right now. That's simply not true. I just think out of an excellent bunch of 6 stocks, they're the sixth one I'd buy.

National Bank is a regret I've had for a while, as it was down to them or BMO, and I chose BMO.

Once we get out of this pandemic, I fully expect National Bank to continue its strong pace of growth. However, as to when we get out of this is another question.

Long term, these companies will continue to be solid. Just expect short to mid term volatility if you're looking to buy.

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Posted by Dan Kent
Answered on November 5, 2020 1:24 pm
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