Investment Q&A

Q: Hello Peter & Co,
I like the Brookfield family of stocks
I own BPI and BEP from way back when
Do I buy BPY while I also hold FSV,CIG and TCN?
I'd like to buy BAM; should I? I hold TD,BNS,SLF,EFN and CXI (financials)
Thanks
Antoine

Q: Hello all at 5i and thank you so much for this forum.
I am grappling a bit with the concept of reaching for yield. What is a healthy stretch vs an unhealthy or perhaps irresponsible overextension?
I am retired, no pension and rely on my investments for my income. I am very comfortable with 4 to 4.5% from dividends, distributions etc. My portfolios are made up of approx. 15% fixed income (etf's) and 85% equities. I am comfortable for the most part with this division as well as overall diversification.
Some of my portfolio anchors, gwo, slf, kbl, sj, stn, fts, sap, dh, t, td, bns etc have dividends below this level. Other like esl, dsg, aya dhx.d, have tiny or no yield but are intended for growth to purchase future income.
I also hold companies like vnr, win, che.un, eif, mkp, rus, wcp with a higher yield to bring the portfolio yield up toward my target range.
Today you replied regarding d.un 8.9% and cuf.un 8.2% yield - “We would consider both buyable within the context of the REIT sector. Their valuations largely reflect rate concerns already. Distributions are quite secure. We think the sector will relax a bit once rates do move up: we do not expect a big increase in rates, and the market is good at anticipating. Like last year, we think investors will eventually reconsider the sector's merits.”
My question is how do you determine a healthy stretch vs over extension for yield? What do you think of my plan and could you provide a few names that I can consider to bring portfolio income up to my target 4 to 4.5% range. I apologize for so many words
Thank you very much,
Brian

Q: Can I have your comments on this as a consumer stock for dividend, and is there potential growth? Thanks, Ted

Q: At times we want to take money off the field of play and sit it on the sidelines for any number of reasons. I have used money market funds for this purpose in the past. I have been reading that these are not guaranteed even though most people think of them that way. Please give us your take on this and any alternate suggestions for short term sideline holdings. Thank you.

Q: Is this a good entry point for Transalta? Thank you

Q: hi, I am a new member and am enjoying your site. Any thoughts on ATCO. Thank you, Bryn.

Q: Would you recommend establishing a full 5% in Enbridge today for someone with no energy, utilities or pipeline exposure or is this something you'd prefer to accumulate more slowly given the potential rising rate environment? Thanks and have a good weekend!

Q: I own Enbridge. Want to buy another utility for yield and some growth. Would you prefer TRP, IPL or AQN or another utility at a 3% weighing of portfolio. Thank you.

Q: Dear Sirs,

Noting that question queue was wiped clean, I thought I would resubmit:

In the past one of Peter's metrics in stock selection has been to identify equitiies initiating a dividend. Could you please pass along a listing of companies that would fall into this category, perhaps over the last 1 to 2 years , and as well offer advice as to the companies that you feel are worth owning.

With thanks,
Brad

Q: IPL fell badly today and has been very unstable since the end of April. Is it time to dump it? I also have PPL and TRP which have done fairly well.

Q: Hi team:
I am looking for dividend, safety and abit of capital appreciation
the above has pulled back esp CU and FTS
which one is the higher quality in terms of safety of dividend and abit of appreciation ?
Fortis, Canadian Utilities , emera or algonquin power ?
I would like to add to an existing position of all 4 which I owned a 50% position at the moment, thanks team!

Q: I've held TRP as a major position in my portfolio for years and it has increased only 3.5%. I always hope the XL pipeline will be approved, or the pipeline to the east coast, but I'm getting tired of waiting. Should I keep hoping or sell now and spread the $30 Gs around to better things? I also own PPL and IPL. What is your opinion on ENB? It always seems to me that the PE ratio is too frothy.

Q: Hi Peter and Team, Is there anything going on at KBL that would account for the 2.91% decline today, or is it just normal market activity? Thanks in advance for all your timely and pertinent advice.

Q: Pipelines are correcting downward - can you comment on the catalysts for this move/

Q: You continue to support interest sensitive stocks on the grounds that interest rate hikes are built into the present price. What are your parameters on the size of the rate increases? If interest rate on 5 year GICs rise 1%, do you think the price of ENB, for example, would remain unchanged from a rate perspective, all other factors remaining constant.

Q: Hi Team

I bought Canadian Utilities at beginning of year and would like to sell for capital loss and buy in its' place either Emera EMA or Transcanada Corp TRP.

1. Is this "ok" for capturing capital loss ?

2. Does this seem like a reasonable move, I REALLY wasn't intending on jumping around but had actually been watching ALL 3; with ideas of buy potentially; it just so happens I started with CU and then the sector fell apart. I figure since I liked all three I might as well capture the loss if the move is legal accounting-wise.

3. of TRP versus EMA ; would you favor one more than the other from a "better buy " point of view, i.e. what metric would you look at and please compare the metrics.

Ernie

Q: Good morning - what's your take on DR selling its interest in one of the surgical centers. Is this a buying opportunity or a negative sign (market doesn't seem to like the news)? Thanks!

Q: For a yield investor does electricity producers/distributors currently offer a safer alternative than pipelines. They seem to offer around the same yield but in the current environment do pipes carry more inherent risk. While pipes are more volume than price sensitive some predict volumes could be impacted by a prolonged period of lower oil prices (what do you think the odds of this are?). So is BEP, VNR and BIP.UN generally a safer yield choice than PPL, IPL and ALA for example? Thanks...

Q: My portfolio is primarily stocks. Only bond position is XHY at 2.5% of portfolio. Want to add considerable fixed rate/bond holdings to get some balance. Could you make some suggestions. Thanks.
Dave

Q: Peter and His Wonder Team
On April 30th in response to a question you choose CPX over TA and stated TA was expensive. Since then TA has fallen approximately 20%.What do you think has caused this? Is it company related, the sector or fear of the NDP...or all three? If the shares fell another 10% or 15% would you consider it a possible long term contrarian play? Thanks for your thoughts!
Dr. Ernest Rivait