Investment Q&A

Q: I intend to reduce my equity holdings for two reasons – I need to free up some cash for other projects and, secondly, I am concerned about the current risk in the equity markets and want to discharge an investment loan I have against my house. I am happy with the securities I own and their % in the portfolio. Consequently, my plan is to generally reduce across the board.

I own both ENB and ENF. Should I sell one and keep the other or reduce both?

I also own ESP. It has been a wild ride and I am presently down about 25%. What is your outlook on this stock over the next couple of years? Given my plans for portfolio restructuring should I sell and book the loss or continue to hold?

In the US portion of my portfolio I own GOOGL, AMZN and FB among others. If the market enters a severe correction do you see these as more risky than the US market in general?

Q: Hi I am looking to do some tax loss selling. DGC DOWN 25%, GUD DOWN 13%, RNW DOWN 5%, ENB down 5% and SIS down 4%.
Could you give me some options to repurchase for each company if I decide to sell any or all of the above?

Q: Hi peter and Team,
I have some ENF in my RIF A/C and loosing about 10%, am thinking to replace with a similar stock. Can you suggest one or two ?
Thanks as always,
Regards,
Tak

Q: Any thoughts on why Enbridge has been so beaten up this year? I hold ENF for the dividend. Should I be concerned about the dividend being reduced?

Q: I have trimmed profitable stocks and a couple of losers and am now sitting on some cash I would like to place into some income generating stocks for the coming 3 years. Should I wait patiently for a correction or are there some current well priced options with decent dividends you would suggest?

Q: I'm pushing 85 yrs and invest for dividend income. Since the first of the month we have seen steady drops in the pipelines, with ENB being far the worst, and both TRP and PPL also big losers. Time to change, or hold on and wait it out? - Thanks, Ted

Q: I have the above stocks in the energy sector and am at a 7.2% total. I'd like to sell two and increase either my holding in C. Non. Cyclical or Healthcare. Which 2 would you sell and what you you buy?

Thanks for the great advise.

Q: Greetings 5i team:

Can you please suggest 3 stocks on a valuation basis that still have a good balance sheet that you consider have the best potential over the long term. If you can draw them from the mid-cap or larger dividend paying universe so much the better, irrespective of sector. Finally, if you could highlight what you see as the biggest risk for each?

Thank-you,

Q: First, thanks for the great service. My question is about Enbridge, do you think tax loss selling will be an issue for Enbridge and possibly cause further price depreciation ? Thanks Steve

Q: Hi, Our investment portfolios across family are made up of a combination most companies from Balanced Portfolio, some from Income portfolio and a few others like CM(10%- reasons of affiliation), TD (3.5%), CWB(1.5%), JWEL(1.5%), RPI.un(2.5%). Objective is Mostly growth and income.
I am grateful to 5i research team for recommending companies like CSU,PBH,TOY,SIS, KWH.un and CCL.b and providing timely and consistent updates, resulting in substantial gains. Many of these successful companies would have escaped my attention, if not for your valuable advice.

My question is about a few stocks, listed in subject line, which, during my YTD review, continue to show decline in value (although we have in built gains in all of these). Except SYZ and ENB others are inside RRSP's. Does it make sense to liquidate a part of these holdings and deploy capital elsewhere ? Total value of above is about 15% of my portfolio with SYZ being the largest, 6% and GUD being the smallest,1%.

Thanks again for the excellent service !!

Q: Hello 5i
With recent diverging prices for each FTS(up) and ENB(down) over the long term what are your thoughts on selling FTS to buy ENB?
There is a yield pick up and potential to see ENB bounce back up from its sagging stock price.
Is there anything significant in the ENB price decline?
Should we expect continued weakness?

Thanks for your important contribution to individual investors.
Dave

Q: Hello Team

I have noted that you like Enbridge. I am a relatively conservative investor and at present my holding in Enbridge is 4.3% of my Canadian portfolio. Because Enbridge is at the bottom end of its yearly high/low I am wondering if this is a good time to increase my holding it it. If so, how much of a high-end weighting would you suggest?

I am retired and have about 15% in cash in my Canadian portfolio at present. On the surface, it seems to me that the ENB dividend alone would suggest I deploy some cash into good, solid dicidend stocks.

Q: I am really confused as big majority of guests on BNN recommend/like ENB,but market dislikes it(1yr negative 15% vs TSX positive 5%;2yr -10% vs +12%;& 3yr -1% vs +10%) Trp has much better performance(1Yr -1%; 2yr +40% & 3yr +18%.However a technican recently stated that it is on a downward trend & better opportunities elsewhere.What are the reasons to stick with ENB?Is a turnaround expected soon.Is this a value trap or opportunity?Thanks for your usual great services & views

Q: Hi 5i Team

I'm thinking of buying ENB. I can use either my margin or RRSP account and either my CAD or USD account (so 4 choices). Question: If I buy using the USD account (so NYSE) does the US withholding tax apply even though it is a Canadian company? If I've filled out the withholding tax form (W-8BEN) does that eliminate the withholding tax in any event?

Thanks
Peter

Q: I hold these four utilities for a total of 18% of my portfolio. My holding in KWH is equal to the other 3 companies. I like the 9% yield. Is 18% utilities too high for an income portfolio? I am thinking of selling TRP.

THANKS!!

Q: Why did energy infrastructure companies drop this week? Is this now a buying opportunity?

Q: "I have 300k to invest, I am 65 and plan to live off the dividends. Should I invest all in or do doll cost averaging? What are your recommendations? Thanks so much for the great advice.

Q: My favorite stocks are those that go up year after year without a hitch, and have a decent dividend. You appear to favour the same kind, as above. But you have no utilities in your balanced portolio. Would you please contrast the growth rates, dividend growth, stability and safety of the above with regard to why a utility like Algonquin would not fit in nicely?

Q: Hi, since the end of Sept. TD.PF.B price has risen by 5% & RY.PR.H by 7%. When purchased TD.PF.B interest rate was 3.8% & RY.PR.H was 3.9%. Their 5 year interest re-calculation date is 2019. During that same period ENB.PF.E price has risen by only 2.5%. At purchase ENB.PF.E interest rate was 4.4% & it’s 5 year interest re-calculation date is 2020. The present dividend yield of ENB.PF.E is 1% greater than the two bank preferred shares. My question is, do you have insight as to why the bank preferred shares have performed much better than the Enbridge preferred shares since the end of Sept. Thanks … Cal

Q: Oil.  Is it making a rebound? 

If so where to invest. Companies that specialize in drilling , distribution or refineries?? 

Thanks. Barry