Investment Q&A

Q: Given Fridays sharp pullback would you consider this an ideal entry point?

Q: I have been building my position in BN and now sit at 2.63% position size. I am holding a 1.72% position size in BAM in a taxable account. I am thinking of selling BAM and adding the proceeds to BN. Is this wise? In taxable accounts I am more focused on future gains than on dividend return. Currently my BAM position has a gain of 107%. I have ample capital loss reserves to cover any capital gains incurred from selling BAM.

I also hold BEP.UN (1.24% position) and BIP.UN (3.47% position) in registered accounts for diversity and income. No plans to change those.

What do you think about consolidating BAM holdings into BN?

Q: Good afternoon
As a follow up to your response regarding your preference to purchase BN in a CDN$ Non Registered account would it also be advantageous to journal the BN shares that I currently hold in my US$ Non Registered account to my CDN$ Non Registered account given the relatively low value of the CDN$ and journal them back to the US$ account when the CDN$ regains some of its recent loss in value?
Thank you and I’ll await your sage advice,
Francesco

Q: Good morning,

My questions this morning is partly Currency related as it applies to BN in particular and your best idea for a stock to add to the "ALTERNATIVES" portion of my overall family portfolio.

Q1. Would you kindly recommend your best two ideas for a stock to add in the "Alternatives" portion of my overall portfolio.

Q2. For my US$ Non Registered account, I was thinking of adding some BN to the existing holdings by buying BN in CDN$ and journaling the CDN$ stocks over to my US$ Non Registered account as I have done in the past.
That said and given that the CDN$ has dropped significantly of late and with perhaps more to go, would it be preferable at this time to simply purchase BN in my CDN$ account and leave the shares in the CDN$ Non Registered account with no journaling into the US$ account.

Thank you and I'll await your response.
Francesco

Q: Hello

I noted in one of your responses that Brookfield Corp pays dividend in USD.
If so, do we have to hold the stock in USD Currency, in order to receive dividends in USD ?

Also, are the USD Dividends received from Brookfield Corp, eligible for Canadian Dividend Tax Credit or the dividends have to be received in CAD, in order to qualify for the Tax Credit ? ( So, we should move the BN to CAD side of the portfolio ? ).

Thank You

Q: Hi,

How would you rank these companies based on risk adjusted returns and where they are currently trading? I currently have positions in all and looking to add.

Thank you!

Q: Watching this presentation reviewing their history would you consider a long term hold 5-10 years in a over weight position? This investor day video was quite informative but what is your opinion on it? Is there an issue of key man with Bruce Flat or do they have a deep bench?

https://www.youtube.com/watch?v=KZEYcC1HTI8&t=11s

Thanks

Q: Hi. I currently own BN, BTE, CLS, CSU, DRX, ENB, IFC, LMN, MEG, PRL, RY, TOI, TOU, TVE, TVK and WCP in my RRSP account. I have $15,000 and am looking for at least 5 new stocks suggestions regardless of sector with medium risk tolerance and growth oriented. As well, what are your thoughts on holding BTE and TVE? THX.

Q: Good Morning,
Any idea why there is such a gap in the price of BN on the Canadian exchange compared to the US exchange? A 2% plus gap between the two.
Thank You

Q: The 3 BN, BLK and BRK.B are the largest financial holdings in my portfolio. I would like to consolidate 3 holdings into 2 only. Which 2 do you recommend? I have 20+ years horizon and have high risk tolerance. Priority is growth, no need for div for 20+ years.

Q: What interlisted stocks have an ex dividend coming up soon? I know BN is March 12th, what other stocks are before March 12th? Thank you.

Q: These 3 names get a lot of very positive comments from investment mangers, portfolio managers, etc. 5i included. But unless I am missing something I just do not get it. Take BN , for example.which is touted as a growth stock, yet is about the same price as it was about 4 years ago. Not much growth there. BIP..un is the same price as it was around 5 years ago. So many positive comments. Yet the moment stocks see a set back as we have just had, these stocks get hit hard even though most money mangers ‘love, the companies. There has to be rationale for this disconnect, but it escapes me.

Q: Hi Peter/Ryan, in my RRSP account I have 100 shares of BN and received 25 shares of BAM . BAM as you know has the better dividend. Would it be wise to sell the 100 shares of BN and by the same amount of BAM, just wondering. Thanks, Nick

Q: Last week we sold BN and BIPC (U.S. $) for tax loss. Since almost everything will be in decline over the next few weeks, do you suggest we leave the money in cash or buy another stock or stock which we could sell at a (probable) further loss to rebuy the original two? Could you suggest a couple of U.S. candidates please?
Thank you

Q: Is the complexity of the Brookfield group of companies (if you see their organizational chart from and SEC prospectus) troublesome? or is this typical for companies nowadays. My concern is I remember the complexity and inter-twining of the previous Hees-Edper companies which spawned Brookfield. Are there any red flags?

Q: Good afternoon! There are two parts to this question:
1) You mentioned that BN would recover FASTER than Canadian banks, and given its having dropped more than any of the banks' 5 year highs, would you also say it has MORE upside, regardless of speed of recovery?
2) You mentioned that you see recovery for the Canadian banks, and that buying them is a good idea in the long term. I absolutely agree and have "doubled down" on that basis. However, you stated that you would not hold them at the 30% level of a portfolio. What do you think would be the MOST percentage-wise you would be comfortable with in a 100% stock dividend-payer retiree's portfolio?
Thanks! ... Paul K

Q: hi all:

i know you folks don't look at charts (much) yet the fact is BN has been in a downtrend (lower highs, lower lows) for 18 months

$40 looks like long term support

if $40 does not hold, this is likely going to $32-34

with apparent good results, i have no idea why the company's price is performing so poorly, yet maybe its opaque accounting is finally catching up with them?

thanks for all your valuable insights over the years

Q: Both BN and SYZ reported. Comments with emphasis on what are impacts going forward. Good, bad or indifferent? Would you buy either of them now?

Q: Reviewing my portfolio and these are my losers. Any point hanging on to any of them? Surprised at BN as it always seems to have positive reviews and CYBR which I though would ride the technology wave.

Q: I've been looking for an addition to the US side of my tfsa, sort of looking at the following (bn tri qlcm blk bac) but would appreciate any other suggestions, looking for growth with dividends, if possible, buy and hold investor and can take volatility.