Q: Sites classify XHY as Fixed Income and at the same time, show "distributions as dividend yield. Is the XHY "distribution" interest income or dividends for Canadian tax purposes? And if dividends, are the amounts eligible for Canadian tax credit?.....Thanks for the clarifications....Tom
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello 5i.
I'm currently putting together my RRSP income portfolio.
My plans are to invest approx 50% stock or Stock-ETF and 50% secured.
At the moment 50% secured is in GICs.
I have 30% stock exposure now. ENB-BNS-EMA-BCE-SRU-ECI about 5% in each position.
I'm looking for ideas to diversify my last 20%.
It has taken me 6 months to put this together.
I look forward to your suggestions..
I'm currently putting together my RRSP income portfolio.
My plans are to invest approx 50% stock or Stock-ETF and 50% secured.
At the moment 50% secured is in GICs.
I have 30% stock exposure now. ENB-BNS-EMA-BCE-SRU-ECI about 5% in each position.
I'm looking for ideas to diversify my last 20%.
It has taken me 6 months to put this together.
I look forward to your suggestions..
-
WSP Global Inc. (WSP $258.06)
-
Algonquin Power & Utilities Corp. (AQN $8.63)
-
Parkland Corporation (PKI $39.84)
-
Alaris Equity Partners Income Trust (AD.UN $19.58)
Q: Thank you for your prompt reply to my question re PKI,AD.
I should have also asked that if you did not favour AD then could you recommend something else that has a decent yield and some positive movement in the near term.
Many thanks
I should have also asked that if you did not favour AD then could you recommend something else that has a decent yield and some positive movement in the near term.
Many thanks
Q: What can you tell me about Purpose BND? In your eyes, is this a good way to get some fixed income exposure? Would this be good along with CBO & XHY?
Thanks so much,
Greg.
Thanks so much,
Greg.
Q: Hi, I am thinking about taking some profits from PKI and adding to my position in AD. This will lower my average cost,and increase the dividend I receive, but mainly I would hope to catch some of the upside momentum the stock has shown lately.
So really the question is, do you see the positive upside movement to continue. Many thanks
So really the question is, do you see the positive upside movement to continue. Many thanks
-
Enbridge Inc. (ENB $68.25)
-
TC Energy Corporation (TRP $76.72)
-
Pembina Pipeline Corporation (PPL $53.36)
-
Inter Pipeline Ltd. (IPL $19.12)
-
AltaGas Ltd. (ALA $42.83)
Q: I realize that the companies mentioned are not equal size but how would you rank them in terms of growth profile for the next 5 years from 1 to 10. 1 is lowest and 10 highest. Thanks
Kenn
Kenn
Q: What would be your top 3 value Canadian value stocks? Minimum market cap of $500M. Thanks.
Q: I apologies; I mis-phrased my question. The DRIP investments would be in addition to the TFSA and RSP investments (in different securities). As I understand things, a DRIP with a company sponsored plan such as TRP thru Computershare cannot be held inside a registered account. Is this correct? If so the $5k position in the non-registered (DRIP) account would not amount to a $25k per stock concentration and I believe the dividend tax credit would be useful since the account is non-registered. Thank you for your suggestions and service. I like your suggestions but a little surprised that a utility such as FTS was not recommended. Is there a reason you would not suggest a utility DRIP for a long term hold? Jim.
Q: Do you expect ZWU to fall substantially with a Cdn rate hike? Would you move out of utilities into something else that would perform better with rising rates?
Q: I currently hold BCE and am looking at Corus as well for the dividend more than growth. Any ideas on this?
Q: Can you comment on why Alaris has moved up ten percent in the last week? Do you think it is a buy at these levels?
Q: I have positions in bep.un,aqn,fts, and rnw. I am considering switching my small position in rnw for npi. Which has the better growth profile and safety for a 2 to 3 year hold and would you recommend this move? Thanx.
Q: I am down a bit on GEI & thinking about a switch to PKI? Would like your thoughts on this swap.
Thanks
Thanks
-
Bank of Nova Scotia (The) (BNS $95.00)
-
BCE Inc. (BCE $31.90)
-
Canadian Tire Corporation Limited Class A Non-Voting Shares (CTC.A $169.88)
Q: My 36 yr old daughter has a current portfolio of $150k in RSPs and her TFSA. She is interested in enrolling in 6 true company DRIPs that she would start with approximately $5,000 each and contribute to over time. Her intent would be to keep these shares to ultimately use the dividends for retirement income in 20-30 years. In the meantime, the dividend tax credit would be useful offsetting the income earned. Is this a good strategy and if so can you suggest 6-8 companies that she might consider for this purpose? Thank you for your help. Jim
Q: I had sold AW a while back at a nice profit, thanks for your quality advice on these shares last year. I did not think the shares would get this weak, im thinking of getting back in. When is the next quarterly report due? what is a fair price for the shares if same store sales growth does not return?
Thanks
Kuldar
Thanks
Kuldar
Q: What do you think of their latest report, is this a buy now.
Q: when interest accumulates on 100,000 GIC does it lose government insurance
Thank you
Thank you
Q: Slowly building up my TFSA portfolio. Currently have BNS, T, IPL, AQN, BIP.UN and ECI. Thinking about adding ARE and ITP and wondering your thoughts on these companies or suggested alternates. Thank you.
Q: What are your thoughts on disgruntled franchise owners and any real impact on stock going forwards
Thanks for the great service
Thanks for the great service
Q: Hi Peter Can I have your opinion on this reit as a US income vehicle.
Kind Regards Stan
Kind Regards Stan