Investment Q&A

Q: Hi 5i,
Portfolio analytics shows I should increase my international holdings. I have $24,000 in my US$ TFSA account and I am considering VIGI for a long term hold. (Already have VEE and have been very pleased with VIG). Would appreciate your thoughts on including this in a TFSA as I believe there would be withholding tax? Thanks.

Q: If you were to add fresh money today, would you pick BEP.UN or AQN? This is for long term hold in my RRSP

Q: Hello Folks:
My question is Canadian Banks such as TD (which we own) compared those in America such as JP Morgan, Morgan Stanley (which we also own). We have owned TD for a number of years which has not produced much of a return (except dividends); similar to BNS. would you suggest continuing with TD or feel their are better Canadian options than our banks?
Thank you for your great service!
brian

Q: What is the payout ratio on Acadian?
How safe do you think it is at this time?

Q: My question is on energy as I do not hold anything in this space. I have been looking at this company for awhile producing a high yield that the company says it will not cut. From what I understand this is holding the stock price as fears of a dividend cut. yet on the other side it is said if the dividend was cut it would probably help the stock price. My question if the stock is purchased you get the dividend and if the dividend is cut the stock price would most probably increase. any comments on this thesis.

thanks Dave

Q: Comment results please?

Q: What are your thoughts about RNW and how would this compare to other renewable stocks?

Q: I am overweight financials and I am thinking of selling PWF, which has a nice yield but no growth, and replacing it with a non-financial large cap dividend growth stock of similar quality. I am looking at QSR which has a lower yield but hopefully more growth, and CCL.B which has an even lower yield but presumably higher growth. If not one of these, what would your top recommendations be in the large cap dividend growth space?

Q: If you were to pick 1 Canadian bank for a long term hold (10 - 15 years), which one would you choose? Also, what order would you rank these banks?

Q: I am trying to determine how material the withholding tax difference is if I hold vgg in my rrsp vs vig.

At first glance, the yield on vgg is 1.229% and on vig is 1.764%, according to the 5i website. However, according to the Vanguard website the vgg "MER" is 0.30% and the vig "Expense Ratio" is 0.06% (quite a difference in fees if indeed this is an apple to apples comparison). So if I compare before expense yields I get that the cdn vgg yields 0.295% less (1.764 + .06 - 1.229 - .30) or , as a proportion the cdn before expense yield is 84% of the us before expense yield (1.529/1.824). So the w/h tax costs me 16% of the yield -- does this analysis seem correct? Thanks. Also, why would there be such a large difference in fees between vgg and vig?

Q: Hi 5i Team:

Happy New Year!

I am thinking to put my hi interest saving money to either ENB and or ALA. I know the principal may go up/down, but if it goes down at least I can use my cap loss to offset gains. Which of these two you would recommend for a long term hold just to earn the dividend? I already own these two stocks and my holdings are well diversify. Or, what would you recommend besides ENB and ALA.

Thank you.

L

Q: I currently own ZDI. I would appreciate your views on this ETF as a long-term hold. I am considering replacing ZDI because it has a higher MER, and it is overweight both financials and energy.

What ETFs do you recommend which hold international equities and focus on a dividend growth strategy? Preference is for Canadian currency ETFs, but would appreciate recommendations on US currency ETFs if you feel there is sufficient additional value-added to warrant the currency conversion fee.

Thanks again for this excellent service.

Q: Do you think AQN lost an investor or gained an investor based on yesterday’s trading

Thanks

Q: Good Day Team
I have held these two stocks for a few years and have never seen them go past the level that I purchased them for.
So have been on the sinking end. I want to grow my portfolio and these seem to be losers.
Should I hold on to them or is it time to sell.
Thank you,
John G.

Q: Looking for couple of stocks or ETFs with a 4%+ yield to add to an existing RESP. My time frame to hold would be about 4 years and the weighting would be about 5% of my portfolio. I am fairly well diversified so do not have any sector preferences, just want something lower risk that I can hold for a few years that will pay a decent dividend.
What would be your recommendations?
Many Thanks.

Q: Since reaching it’s December 2019 52 week high Verizon has fallen approximately 5%. I can find no news as to why this decrease has occurred. Would you know why? Thanks … Cal

Q: I have small positions in these companies and they are down by about 50%.
Are the dividends secure in your opinion? I am just deciding to add or sell. Do you think there might be a turn around in this sector over the next year?

Q: Hi 5i,

I have about a 40% gain on Emera in an unregistered account.

Assuming an otherwise adequetely balanced portfolio, would you suggest a trim? And if so, could you tell me which SECTOR (Cdn) you would invest new money in at this moment if you could only pick one - again, assuming an already balanced portfolio.

Thanks!

Q: Could you please explain to me why Bam. has such a small dividend at1.1%, compared to Bip. at 4.08 and Bep at 4.46. Also, which of the three might fare better in a downturn. Thanks, Ken

Q: I've been holding CWL for a few years. The dividend has been nice but the share price has remained pretty much static. Do you see any particular reason to continue to hold this company or is it time to move on to something with more upside potential?