Investment Q&A

Q: Interesting article in the Globe this morning, suggesting to consider the newly issued preferreds with 5.5% + yield, some with 4-4.8% reset rate. Also, that buying individual preferred is a better choice than the ZPR. Can you suggest some of your choices please.
J.A.P. Burlington

Q: Do you use the Canadian Dividend All-Star List, or the equivalent when you recommend dividend growth stocks to members? What are the key statistics you use when recommending dividend growth stocks?

Q: In a question asked by Steve on Mar. 21, there was the mention of "subscription receipts". What are they? Do they benefit the Advisor selling them more than the investor? I recall a former Advisor phoning me and offering them to me.

Q: Can I get your quick analysis of SOX. I like everything but the debt to equity.

Carl

Q: Further to Charlie's question, does this US acquisition spree and it's debt, change your view on the quality of Fortis preferred shares.
Would you own them for income?

Q: I have been fortunate to recently get positions through secondary offerings for TRP / PPL / ENG. In the short term are all enjoying a nice bounce. I am concerned that they total 7% of my portfolio. My advisor feels I am not overweight, but I have asked him which one we should sell as I feel with my energy positions I should only have about 4% focused in pipelines. Which of the three would you drop, or would you just trim back all three to my targeted 4%. Keep up the great work.

Q: I would like to purchase an ETF in a high yield bond fund similar to XHY but in US$. What are my options and which one would you recommend?

Q: Can you compare RNW with BEP.UN? Which one would be the most preferable choice for income with some growth potential within an
RRSP? Thank you . Joe

Q: Your rating on this stock puzzles'me at a b+ the stock is range bound and illiquid when one gets in very difficult and expensive .RPI.un is rated at a C+ and has much the same problems with liquidity but much more growth and just increased its dividend .I hold both these stocks but the latter is a far better performer with a whole letter grade lower by your system
Your rating metrics confuse me .
Regards Stan

Q: There was some good news from Veresen(VSN)this morning. Can I get your opinion on the company and most recent developments? Most importantly what do you think of the future of their dividend which currently sits at 11.56%.
Thanks
Nicholas

Q: I have 50k in ZDV and 50K in ZPR, now wondering what to do with additional money I want to contribute on a weekly/monthly basis. I am thinking of adding XEI,or ZRE but not sure. I like continuous income that I can re-invest while my underlying security rises. I was also thinking of investing for international diversification but I will not get the dividend tax advantage, so also looking at taxes. I can always continue to add to my existing positions, sitting on the fence not knowing which side to go. Any suggestions for a middle aged man.

Q: I am doing some sector re-balancing of an income oriented portfolio. Can you please suggest a name other than Loblaw or Alimentation C-T to add in the Consumer staples/non-cyclical space, and also a recommendation for two new positions in Utilities (I am considering Fortis, Algonquin, Enbridge and Canadian Utilities, but open to other ideas).

Thank you,

Q: I would appreciate your comments on AGT's just-released results.

Thanks!

Q: If the low interest rate environment persists for a long time, what would be your favourite 5 or 6 equities for a soon to be retired investor? Do you think low interest rates will persist?
Thanks and compliments on a great service.

Q: I am overweight financials and underweight utility stocks. Which financial stocks (currently have BNS, RY, SLF, POW, FSZ and HCG) should I sell and/or trim and which 1-2 utility stocks (greatest total return 1-3 yrs out) would you recommend I buy with the proceeds (I currently have IPL, PPL and ENB). Thanks.

Q: What are ur thoughts on this as a long term hold in RRSP? Thks much

Q: Hello Peter and the 5i team

I recently went to see a financial advisor from my bank (I personally manage about 75% of my equity portfolio and I allow my advisor to run about 25%, this is due to my company pension plan that puts the money into the advisors hands.). She asked me what my long term plans were with my portfolio, I said "1. To beat the market (tsx), 2. Find good companies that pay dividends and buy them for a fair price. 3. Focus on companies that have consistent Dividend growth. 4. Have the portfolio reasonably diversified. I also said that I would like it if I could make my portfolio large enough so that the dividends could pay for my retirement living." She seemed baffled by this comment, almost as if she had not seen a person live solely off dividends. I thought that getting a company like CHD in my basket of stocks was a great idea since it has paid a dividend for 114 years in a row or HRL that has increased its dividend for 50 years in a row, there are many many great examples of companies that would fit into this example. I sort of dismissed her confusion, but later it got me to thinking "Is my plan flawed"??? Is living off dividend paying companies not a excellent tax advantaged way to live in my retirement?? If my plan is flawed what is a better plan?? Another question I have "does the TSX 60 index dividend over time increase faster then the rate of inflation and the cost of living over say the last 30 years"?

Thanks you

Q: Another inquiry, this one related to oil stocks.
Oil has improved significantly with some stocks appreciating more than others. While there is doubt that the oil rally would continue, would any (or all) of the stocks mentioned be investable, or would it be best to wait.
Thanks!

Q: Can you update Bci since earnings came out
Thanks

Q: Hello Peter and 5i team.... We are selling our Cenovus holding and are looking for a smaller cap replacement as we have other large cap oil and gas. What is your view on pif [polaris infrastructure] or would it be better to replace with pki [Parkand fuel] or gei {Gibson energy].
These names came up on our TD screen as similar companies?
thank you for your opinion