Investment Q&A

Q: Wondering if you had a chance to view the Financial Post’s article about Enbridge being a quasi monopoly, and how producers are trying to challenge this position in court.

Q: I would like your help putting together a yield portfolio of between 15 and 20 names.
This would be the entire investments for my wife and I. We are both retired and now live full-time in the U.S. And at some point I expect my Canadian newspaper pension to disappear, so I am looking to replace that money.
I would like your opinion of the above names with regard to safety of the income and overall diversification.
I would also appreciate some additional ideas and would like to know if I`m off base on any or all of these names.
I am currently only invested in CM, BNS and BMO and DIR.UN.
Please take 20 credits (or more).
Thank you in advance for your invaluable assistance.

Q: if you had to build a brand new income portfolio , would you include ENB , knowing the present crisis ?

Q: 1st question on ENB , I see lots of recommendations on ENB. I understand that this co. has mostly take or pay contracts (I am also aware of their investments in renewables etc.) however, it looks like there is a possibility of oil storage filling to capacity, if this does happen many pipelines will have basically slow to a trickle or even stop for a while, if this were to happen would this not give energy cos. stuck with take or pay an out as their contracts wouldn't be honored, it seems like a very risky situation to me for all the pipelines, what is your take on this?
2nd question would you endorse buying ZQQ for a 1 stop tech exposure ( I like the idea of being hedged) or would you prefer something else. I was also looking at the ARK etf's F W K ( tesla seems heavy in some of these) which of these would you prefer in combo with a ZQQ or instead of? dock as many as needed as I don't use many, lol. Thanks for your perspectives and all the work you do.
Tom

Q: Hi.. What is the likelihood of Enbridge to cut its dividend? Thanks

Q: I would like to add a mix of income stocks to my portfolio (for a 5-10yr hold) which has been primarily growth oriented and comprised of a number of 5i’s BE Model Portfolio names.
a) Could you please rank the above listed stocks for dividends with preference for long term yoield of at least 4-5%, and growth back to YTD highs over the next year or two. Moderate to high risk is okay.
b) List any particular concerns you see with any of them.
c) Your suggestions for 1-2 better names in the current market to represent sectors such as utilities, financials, Telecoms, Reits, and ndustrials would be much appreciated.
Thanks for your wisdom and guidance over these unprecedented times.

Q: Thanks for your flash report. Much appreciated.
Without doing a full review, which of the above would risk being downgraded if you were to do a full review? Thanks. Your service is great!

Q: Hi,
I read the Globe & Mail interview with Al Monaco this weekend and he makes no secret of the fact that Enbridge is on the hunt for an acquisition, or maybe more than one. The Spectra deal shows that he's not afraid to go big. With that in mind, could you identify some companies that might make suitable targets for Enbridge and, specifically, would Keyera belong on the list?
Thanks,
Peter

Q: Morning, Given a choice between these two, which one would you purchase? Alternatives? Long term holds in a diversified rrsp. Thanks

Q: ENB vs PPL.....which would you prefer for a 3 - 5 year hold? Or half a position in each? Are the dividends safe? I'm looking for the dividend plus modest share price appreciation. Any other recommendations in this space?
Thanks for your help.

Q: POW has now fallen to a price giving a similar yield to ENB, around 8%. For a senior living on dividend income, which of the two has the safer dividend for a long term hold? You have tended to favour SLF in the insurance/financial space, so would you still recommend SLF over POW for dividend safety and growth, despite its lower yield? If you don't like any of these three stocks, what's your top Canadian pick for a senior looking for a decent safe yield, with some potential for long term growth?

Q: with the glut of oil currently in the marketplace and chatter that there is nowhere left to store it will this affect the amount of product flowing thru their pipes...and hence reduce operating cash flows...which of the 2 companies would it affect less...do you have a preference at this point between the 2 companies...with thanks...Cheers

Q: I am considering selling my shares in ENB and using the funds to top up my holding in BAH. What are your thoughts on this move?
This would be in a registered fund. There is no tax loss advantage. I am interested in total return whether it be dividend or capital gain over the next 2-3 years.

Q: Hi 5i Team,

What are the payout ratio on ENB and PPL? Are the dividend safe?

Q: Hi 5i,

Main question: How much overlap is there in the equities exposure of VSP and XQQ? Are there specific companies where any such overlap is concentrated to the point of being worth mentioning?

Follow-up clarification: In Derek’s March 30 Canadian pipelines question where you ranked 4 pipes on balance sheet strength and preferability, you named Enbridge 3-bal and 1-pref. What offsets the weaker balance sheet aspect? Balance sheet differences not being material? More reliable income stream maybe in the event of a sector meltdown? The track record on growth and dividend growth maybe? Size?

Thanks

Q: With the dividend cut at IPL should 5i investors be concerned that ENB is next to cut? Thx

Q: So with the pipeline companies yielding between 8 and 20% and factoring in a 50% dividend cut, they would still have a nice yield. I suspect that some might increase, or at least slow price decline if cut.
Please list these companies in order of balance sheet strength and debt % and coverage, and order of preference. Thanks

Q: I have a large capital gain on Boyd for the 2020 tax year which I am considering offsetting by taking Capital losses which I have on the above mentioned stocks, including BYD. What is the best way to do this? Sell and wait 30 days to re-buy? Sell now and buy proxies (what would they be?)? I’m also considering using stop losses to take advantage of any increase in stock prices I might otherwise miss. Would appreciate you comments and advice. Michael

Q: I have the following securities in what I consider a balanced portfolio. The fixed income portion doesn’t show here because it consists of OAS. CCP. Plus two other pensions.
I’m thinking of sell part position in MMX ( small loss);and ARE to realize a capital loss while at the same time raising some cash for the next pullback. I like TFII . We need to keep the food chain moving. Trucking an important part . The other is cargo jet. Am I on the right track . Your opinion. Or would you look elsewhere given the current holdings.

Q: Hello
I will appreciate your comments as to how the coronavirus will affect TRP and ENB.
Do both companies have high exposure to the virus like the automotive manufacturers or low to moderate exposure to the virus ?

Thank you