Q: After a nice run up I am thinking of replacing Painted Pony (PPY)in one of my accounts with a strong long term grower and dividend payer. I will still keep it in one of my other accounts. Could you please provide your opinion on Whitecap, Altagas, Peyto, and ??? as a replacement.
I want to mention that your continued advice to others, which I interpret as doing less trading, has been very valuable to me.Thank you.
Q: We currently have approx $20,000 GIC maturing that we wish to reinvest. The current yield on GIC's is very low and we are reluctant to put this money back in GICs. However in our portfolio we consider this $20,000 to be part of our "SAFE" money. We are considering preferred shares for their higher return and relative safety if we buy from a "blue" chip company.
Could you give me the name of 3 preferred shares that you feel confident in recommending. We are happy to hold these for long term. If you have any other suggestion for a very safe investment we would be happy to hear that as well.
Q: Hi peter
If you had to pick one of CP, CNR, and ALC common shares, which would you pick any why.
Also I own some ALC.DB convertibles so should I hold to get the 6% yield and wait till 2018 to convert or do it sooner?
Thank you....... Paul
Q: Hello Peter :
As a retiree with hopefully 20 years to live I am looking for an additional safe secure stock capable of weathering a market crash and with a good growing dividend and enough expected capital gain to offset inflation.
I am currently looking at stocks in the 5% yield range and am focusing on BMO Equal weight REIT Index ETF [ZRE] which you have in your Model Income Portfolio and must like a lot, and on Bell Canada [BCE]. Both have about a 5% dividend. BCE has a P/E of 19.3 but I cannot find a P/E for ZRE as such, but the P/Es of the 18 REITs in ZRE range from about 10 to about 20.
I already own BDT, BEP.UN, PKI, ENF, and BIP.UN, all near the 5% yield range.
Which of ZRE or BCE would you advise me to choose for income for a long hold and why, and do you have any other or better suggestions?
Q: Good morning,
1) I am confused with the reported pay out ratio for BEP.UN. I know you have it in your income portfolio and you have stated cash flow for it is a better indicator. However, when researching various sites MSN has it at 112%; Financial Times at 257% and ycharts at 72.69%. I saw one had it at 545%. Would you mind solving this for me. What does your research say?
2) You recently provided an answer to me regarding "BUYS" in the Capped Utility sector.
What would be your top 4 "Buys' ….. long term, income.
Have a great weekend
Paul
Could you please provide comments on the "Advantaged Canadian High Yield Bond Fund - AHY.UN? In particular, do you believe it is better than other bond funds?
Q: Thanks for all the ideas, both from staff and fellow members. Am interested in Algonquin Power (AQN) for growth and income, but fear that growth may be muted over the next 18 months. Is that a fair assessment?
Q: Good morning Peter and Team,
I have been researching the various pros and cons of the companies in the Capped Utility Sector. Would you mind ranking the following companies under "buy" "hold' or "avoid:
AQN;ACO;ATP;CU;CPX;EMA;FTS;JE;NPI;SPB;TA and BEP.UN
Many thanks for the wonderful service.
Paul
Q: Hi Peter:
I hold this: MFR.UN.T
in my RRSP portfolio
what you say it is of decent hold as an income generating
investment; if not what would you suggest ?
thanks!
Q: hello 5i:
re: question asked by John about AGU.
On the 23 May, AGUs Borger, TX plant went down for repairs. That was the second plant in two months to go down, which obviously impacts the amount of product being produced, resulting in decreased earnings. I must advise I'm a long term bull on AGU, but sold my shares some time ago due to perceived problems with execution. John, hope that helps as it may explain why share price is drifting down.
Paul