Investment Q&A

Q: I presently have some U.S. cash available to invest. As a retired Canadian investor I already own CPX but would like to add Fortis to further stabilize dividend income. Fortis is listed on NYSE and TSE. Other than trading volume is there a disadvantage to buying in NY?

Q: My wife's Cash account. As funds become available, I plan to initiate a position in NRGI and top up 3 existing positions = BNS, FTS, NWC.

Due to the war, NRGI could be a good addition if the war carries on, or possibly negative if the war ends (I'd gladly lose some money if it helped end the war). NWC has had a good run lately, so my thought was to do it last if at all. I currently have a large paper loss on BNS and a large paper gain on FTS. With interest rates still probably rising, that might help BNS and hurt FTS, but the market might be looking past the remaining interest rate hikes.

My thoughts on the sequence of buying when funds are available are = NRGI, BNS, FTS, NWC.

Your thoughts on sequence and why please...thanks.
Steve

Q: Just switched 200 shares of FTS to CPX and then noticed a reply to a client question that stated BEPC a little better than CPX.
Your thoughts will be appreciated.
Thanks.

Q: What are your top 3 Cdn Utilities and top 3 Cdn Telecomms for Growth and Income, given recent pullbacks. Is this a good time to buy or should I wait for things to settle. Will Utilities and Telecomms provide some security heading into or during a recession.

Thanks
Tim

Q: Peter, if we are in for a a big long term bear market what are some canadian div payers that would suit 75 year olds that need the div? Thank you for your advice Ken

Q: Hi Peter

In the latest update to the income portfolio, the entire position in TCL has been sold to invest the capital in other quality names.

Is it possible to let us know some of the names you have in mind for deploying this capital?

Q: I went to cash towards the end of last year in my TFSA. It turned out to be the right move at the time but 8 months later I am still in cash and suffering from whatever the opposite of FOMO is. As a senior, who lives off investments without any employer pension, my target return is any combination of growth and income at 6% -10% or better. While I am prepared for reasonable risk I can't afford to lose the TFSA headroom for a 3-5 years while a stock recovers. I am looking for 8-10 positions and would appreciate suggestions.

Q: Disregarding everything else which of these thee stocks would have the most potential growth over the next three years, thanks?

Q: Please list of Top 3 YS & Cad dividend stocks.
Tx.

Q: Hi team,
I own Fortis and Emera for dividends and safety. Given the higher dividend and recent better performance of Capital Power, would it be reasonable to replace either FTS or EMA with CPX?

Q: In your answer to Denis on April 26 you mentioned some "safe holdings" when a recession threatens. What areas would you suggest and some good stocks to hold? Many thanks.

Q: Hello, which 3 stocks do you like in the utilities sector that offer international exposure; I have a 10-15 year timeline. My reason for asking is to rebalance my portfolio. Thanks for your guidance.

Q: What sectors and top stock picks for each sector would you advise to address inflation and a recession. If possible, could you provide entry points.
thanks

Q: Hello 5i,

In our registered accounts we have BEP.UN, BEPC, FTS, AQN, BAM.A, BIPC, WSP. All of these stocks performed very well for 2+ years thanks to 5i. We trimmed each of the stocks to 1%-2% positions between August and October when prices were elevated with the intention of repurchasing if they dropped. With rising interest rates and inflation now it may not make sense to repurchase. Would it be viable to:
Retain one of FTS (2% position) or BEP.UN (2%) or sell both?
Sell AQN, BIPC,
Retain BAM.A and WSP, and increase each to 3% or 4% with the proceeds from the sale of the other stocks?
or Any other suggestions?

Thank you

Debbie and Jerry

Q: Have been looking at FTS to compliment a retirement portfolio (have BEP). I hesitate as I am not sure if Fortis is moving or moving quickly in the right direction into renewables...is it? I know some Municipalities are restricting gas installations in new builds. I know 5i recommends Fortis, what about it for the long haul?

Q: Peter,

Please provide your list of favorite utility stocks. Focus should be on debt levels able handle higher interest rates, a competitive yield and a history of regularly raising dividend payments.

Thank you

Paul

Q: Hello,

I would be interested in hearing your top 6 choices for Canadian stocks (or possibly ETFs) with reasonable yields (2% or more) where you would consider the stock/ETF price to be relatively safe in the current and near-future environment, e.g. rising interest rates and inflation.

Please exclude SLF as I already own it, and include no more than one bank stock (or ETF) in the list for diversification.

Thanks!

Q: I would like to add one of the above now, to my TFSA for a long-term foundational hold.
In your view which one or two would you pick for the best long-term upside potential.

Would a concentration of the above name or names in an ETF be a better option?

thanks

Asset allocation not an issue

Q: I am looking to add to the utilities sector. I currently have FTS BIP.UN and AQN. Not really excited about AQN for the last year. I would like to add to my utility stock basket and looking for recs. Also might drop AQN. My horizon is 7-10 yrs.

Q: Follow your balanced portfolio. Please rank the top 8 stocks from that portfolio to add to in my TFSA.
Also what are your 3 best ideas for income dividend.
My time frame is 3 to 5 years.
T Steve