Investment Q&A

Q: By the end of this year, I will set up a RRIF. I would very much like to have dividends fund the expected withdrawal of 5 to 6%. There are many TSX stocks which will help achieve this goal. For example, ENB, BCE, BNS, CM, PPL, MFC, SLF etc. Currently, my RRSP is 67% CDN$ and 33% US$. I am having great difficulty finding anything in US$ that comes close to the dividend yield offered by the CDB$ stocks that have listed. BTW, my CDN$ would have about 15 positions. Big Question: How to achieve my goal with the US$ component of my RRIF? One obvious option is to move to funds CDN$, but that goes against country diversification which you often note. I am not very keen on US stocks or ETFs that pay a 2.5% dividend. Your thoughts and recommendation would be greatly appreciated. Thanks Dan.

Q: My long-term interest in VZ was partially founded on it's extremely low correlation with almost every other equity and fixed income category. I am "off" VZ due its recent issues and am curious as to whether you are aware of any similarly low correlation, reliably high income alternatives?

Q: Hello. Current overall assessment of this company? Decent option if primarily looking for income in an RRSP? How safe is the dividend? any prospect for share price appreciation? Thanks!

Q: MO is down quite a bit today. How do you think the FDA ruling, banning JUUL e-cigarettes will impact the stock, and is there anything they can do? Some are suggesting they could appeal, or even end up suing. I'm holding it in my RRSP primarily for its steady dividend.

Q: Happy Friday.

Looking for U.S. income for my RRSP.

Considering ABBV and MO.

Your thoughts on these two and 2 -3 additional suggestions would be most appreciated.

Thanks very much.

Q: Would you please suggest 5 Canadian companies and 3 US companies that have dividend yields of at least 3.25% annually that have a high probability of capital preservation over a five year time frame? Thanks for your great advice,

Q: Can I please get your opinion of Altria's recent Q results. Thank you !

Dave

Q: If you owned BTI and MO, would you buy more, hold or sell them and why? Is inflation a good reason to own tobacco stocks? Do they make sense as marijuana plays, to some extent? Thanks.

Q: Hi, what does Return on Equity can tell us? Is it an efficient indicator of stock long-term performance? e.g. MO's ROE is very high as 149%, but stock price is flat for many years, could you explain why? BTW, should I use ROA instead of ROE? Thank you for your great service!

Q: Can you give me a list of 5 Canadian and 5 US stocks that you would recommend with yields above 3%.

Q: Hi, as a retired couple looking for US div. Co.s for income and safety, please list from best to worst and those not to buy or your own preferred picks, thankyou

Q: Do you have any recommendations for vaping companies? Are there many where their revenue is mostly from vaping? It is not a fad - I truly believe it is here to stay and will continue to grow a lot as a sector

Q: What do you think of MO, worth buying for income ?
Thanks!

Q: I have a small position with MO,with the news "Biden Administration Plans Nicotine Reduction", would you still hold the stock? If no, what other stock I can switch to? Not necessary in the same category. Thank you!

Q: With more and more US states moving to legalize marijuana I feel it is just a matter of time before that is done at the federal level. I have a large position in these 3 names. I assume they will shift from big tobacco to big marijuana once it is legalized. I think there is big growth potential here. Would you agree with that assessment? Would there be something that could stop this from happening ie government not allowing these big players to dominate that industry?

Q: Hi 5i,

Thanks for the great. What are your thoughts on the tobacco stocks (Imperial Brands, Philip Morris, Altria, British American)?

These stocks seem cheap with amazing yields—but just keep getting cheaper. Is it time for me to take losses and move on?

Thank you!

Q: Any suggestion for US income stocks that still represent good value ? Thanks.

Q: Gordon Pape suggesting selling marginal companies in this environment and claim the loss. Which of the above if any would you consider marginal?
Thanks
Jeff

Q: Hello everyone just your thoughts on Altria Group. Would you consider a good time to purchase?

Q: On the US side, we've owned TOT, CSCO, MO and PM for some time now and they have languished. Is patience merited or should I sell these positions and replace them with other US stocks? We're retired and want to preserve capital but do like dividend income. thanks