Investment Q&A

Q: I like the theme of seniors' care for the long term. I have a small position (<3%) of CSH.UN in my TFSA and it has done well over the last couple of years. Would you add to this or sell it and replace it with a different name in the same space. (I also have a bit of KMP and some D.Un in non-registered accounts, in case other REIT holdings might influence your comments.)

Thanks for your help - I've been with you since almost the beginning and I love your service!

Q: td has been slapped pretty hard in the last few days, is this an entry point? I am looking to generate long term income. I am very interested in any suggestions you might have for stable income generation....THANKS

Q: How will increasing rates affect the distribution of this fund? I recognize that the stock price will likely get hit further, but shouldn't the dividend be safe or even have potential to increase as they roll over loans at higher rates? I have held for about 18 months, and am just up slightly taking into account dividends. Would you continue to hold, if holding for income only? Do you view this stock as more equity or more fixed income?

Thanks

Q: Yesterday I asked a question about three sectors.You recommended Enbridge and Pembina for the utilities sector.Tmx show both companies as being in the energy sector which I am overweight already.Could you clarify this for me. Publish if you think it is necessary.

Q: Hi team:
I made a small profit by investing in the above thanks to your advice
With the drop in crude oil prices, will it decrease the value of Bep.un ? thinking of taking some of the money off the table
like to hear your opinion, thanks

Q: A&W Food Services of Canada Inc filed an "Early Warning Report" this morning wrt A&W Revenue Royalties Income Fund. The text is long; can you explain; what impact might this have on the current share price.

Q: Thank You for the great service. My question generally relates to dividend paying stocks. I own the following dividend payers, BCE, BIP, BNS, BPE,CGX,CU,EMA,ENb,FTS,IPl,PPL,RY,SLF,T,TRP,NA,TD,CNR, KBL and a few others. These dividend paying stocks make up approximately 45% of my portfolio. My question is: Is this too much of this type of security to own in one's portfolio? Thank you.

Q: I have been looking into this Corp, the dividend being attractive.I am retired and conserative. What do you think? Is it worth taking a small position in? With the cost of there operation going down with the price of fuel do you see an upside

Q: Happy New Year Peter and Staff.. I have basket of utilities but did not own Valener yet....seems to look like what you would hope for ......no drop in value though it did not rise as much as many in the sector in 2015. The recent drop in oil has reminded me that if I am getting a healthy dividend with tax credit, and I get my acb back some day I did alright. Having said all that ,what is your outlook for share value future growth and dividend maintenance/growth on VNR

Q: Peter
The following are a mix of “fixed” income ETFs listed in the Nat Post's article on Robo-investors from last November sorted by decreasing yield. I am trying to shore up the fixed income portion of my portfolio and unsure of the rationale and safety of these ETFs.

Just how safe are these instruments? If there was a meltdown, could their values collapse accordingly?

At the lower end, isn't just worthwhile to buy a GIC, it looks as if they net bigger returns than the lower return ETFs?

What distribution of these ETF's would you recommend for a retiree portfolio?

ETF Ticker Institution MER% Yield% Net Distribution %

ZHY BMO Corporate Bond 0.55 5.77 5.22
XHY I shares US Bond .66 5.46 4.8
PBD Purpose Total Bond .45 4.47 4.02
CBO I shares 1-5 Yr Corp Bond 0.27 4.1 3.83
XCB I shares Corp Bond .44 3.38 2.94
XBB I shares Univers Bond .33 3.16 2.83
XSB I shares Shrt Term Bd .27 2.91 2.64
VAB Vanguard Ca Bond 0.12 2.71 2.59
VBU Vanguard Us Ag Bond 0.2 2.6 2.4
XRB I shares Real return 0.39 2.4 2.01
VSB Vanguard Shrt Trm Bond 0.1 2.2 2.1
HFR Horizon Float Rate 0.4 2.17 1.77
PSA Purpose High Savings 0.12 1.34 1.22

1 year GIC 1.9%

Regards

Q: I am a dividend investor and use David Stanley's Beat the TSX system which I review each year at this time. TRP is now in the top dividend stocks of the TSX 60. Do you have any concerns about the company going forward in the short term over a year or two?

Q: I am looking to reduce exposure to the utility sector. Could you rank the following BEP.UN BIP.UN AQN CU EMA NPI BLX. Thanks.

Q: Hi guys, and happy New Years.
A couple of recent guests on BNN have expressed the opinion that utilities are not the place to be in the new year. What do you think? And if utilities are expected to lag, will the go-to sector be tech and biotech or something else? I'm asking with respect to utilities in general as I own XLU, and also specifically about AQN.

Q: Welcome back Peter from a well deserved break. Ryan has done a great job in your absence. I rely on my TFSA for monthly income and have ridden the lows of EIF (Exchange Income Fund) to its present positive growth. My question is do you think the monthly payout is safe? Thanks as always.

Q: What are your current thoughts on Transcontinental for a long term hold. I am assuming the dividend is secure but wonder if there is much growth in it's future ?

Q: In most of your replies to questions about Fortis, you emphasized that the utility was fine for income but not to expect much in the way of capital gains. In 2014, the company's shares rose almost 30%! With 20-20 hindsight, can you explain the contradiction and can you tell me if the driver(or drivers)for that solid gain will still in place for 2015?
Robert

Q: Do you have any opinion on the recent increase of RET.A stock price? Would you consider the retail / apparel sector a strong prospect for 2015? ...... please indicate any favorites you may have. thanks.

Q: Hi. I gather that you are not real big on Rogers, neither am I now, as I own a position in my RRSP that is currently down 15%. I have been planning on just sitting on it and hoping it would come back up 15%. But I wonder if it would be a better stratagey to just sell out and invest the money in something that may have a chance to recover that 15%? Thank you and all the best in the New Year.

Q: A portfolio manager on BNN this week suggested that Hi Yield Bonds will outperform the TSX on a total return in 2015. My portfolio is 60% fixed income and 40% equity. The fixed income is equal parts GIC ladder, CBO and PHN Hi Yield Bond Fund [ RBF 1280 ].

To shelter the fixed income capital from a spike in interest rates I am considering selling CBO and buying 1 year GIC's. I will keep the hi yield bond fund because the higher yield will offset the loss in capital, I hope. The duration of the bond fund is 2.3 years.

Do you agree with my proposal or can you suggest an alternative?

Happy New Year to the 5i Team and all the members.

Q: I'm surprised that this stock has not increased during the month of December with the continuing downward pressure on oil prices. Does anyone have any idea as to what percentage of its fuel is hedged?

Jim