Investment Q&A

Q: I have a $100,000 GIC coming due and do not plan to renew it. I plan to put $90,000 of it into the market. I like stocks with some growth combined with a decent dividend. I already have a well diversified portfolio. Would you please suggest some stocks that you would currently recommend.
Thanks for your great service.

Q: Hi Team,

I bought XSR just after the special div announcement anticipating it to go up. However, it bearly budged and has now fallen more than the actual dividend payment. Do you think it is worth holding or should I sell and replace it with something else and what could those stock replacements be. Thanks

Q: XTR - I noticed one of your responses concerning this fund in which you state, among other things, "a diversified income fund like XTR are similar but you will pay more in fees as all of your allocation will be exposed to the fee vs a portion of the model"

However, I am not sure this is correct - the prospectus relating to the fund fees indicates "the management fees will be adjusted to reflect the fees paid on the underlying funds held in the fund to ensure the total fees paid will not exceed the indicated management fee"

Q: On 2 May you indicated that you considered EIF was a hold/weak buy. Are you still of that opinion?
Thank you.

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: Any thoughts on Accord Financial here? While interesting with a decent dividend, I have size/liquidity concerns. Thanks, Mike

Q: Hi Team... looking for any update on CVL Equip

It's cheap, appears to have rising revenues and good cash flow is expected yet, it continues to under perform.

Thanks for all you do

Gord

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.

Thank you

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: good morning team,

May I have your thoughts on Boralex (BLX.TO) as a long term investment?

Thanks, Manuel

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?

Thank you....... Paul

Q: Hi,
I see you have Enbridge in your portfolios, if I was to buy another pipeline company who would you recommend and why?
Matt

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

Q: Hi Peter,

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?

Thanks, Darlene

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: Hi Peter, TCL.A seemed to put out nice earnings this morning. I wonder if you could comment on the numbers.

Thanks!

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: What are your thoughts on PZA ?

Ken

Q: Peter - thanks for your earlier comments on Just Energy (JE).

Today's announcement: Just Energy to sell National Energy for $505-million

They also announce the dividend will drop from 0.84 to 0.50 and go from monthly to quarterly.

Is this enough to improve the debt situation and help right the ship?

The market seems to like it (so far).

Thanks.

Q: I have some cash in my TFSA. What do you think of Brookfield Infrastructure and the current price as an entry point.


Thanks