Investment Q&A

Q: I have recently purchased ENB, having owned TRP for a number of years. I need to do some sector adjusting and these two jump out as overlapping industries in my RRSP. I would anticipate holding one or the other mid to longer term. Which of these two do you feel would offer longer term opportunity? If I were to sell ENB, I would not be in a rush and would sell on opportunity if it spiked a few dollars north of where they are today and enjoy dividend in the meantime.

Q: Looking to purchase some individual rate reset preferred shares. Looking for relatively early reset dates. Would you be comfortable with: BCE.PR.Q, MFC.PR.J, RY.PR.H, TRP.PR.G ?
Regards,
Robert

Q: I have always thought of ENB and TRP as utilities rather than energy companies, as they are involved in distribution of oil/natural gas, rather than dealing with exploration and refinement of these energy sources. Furthermore, while their revenues may have sensitivity to oil/gas prices, there is always a need for oil/gas distribution, whether energy is in a bull or bear market, which is why I have always considered the, as utility companies. I recently noticed that they are listed as energy companies by Bloomberg. For the purposes of sector allocation, is it reasonable to consider them utilities, or should I consider them purely as energy holdings?

Q: Hello Peter
As a recent new member, I am both impressed and a little overwhelmed with all the information. I started making a lists of potential companies to invest with, but decided to cut to the chase and just ask you....I am looking for your recommendation for both income and growth companies.... perhaps 4 or 5 of each. I am fully invested in TD, which has done well for me this last year, as well as a couple energy stocks.... Spartan and Ring. I am retired but have a steady income flow with pensions and dividends from an ongoing business. Thank you for offering such a great service and look forward to a bright and lucrative future. Brian

Q: Hi 5i,
Just a comment. You are fond of pointing out that there are two sides to every trade but I don’t know if many people really think about what that means. Frustrated holders of ENB (how could we be anything else?) might want to take a look at a 5-year chart for TRP. TRP went through a period where it had some issues and not everything was working out perfectly for it. Even though there was never any real concern that its dividend was in danger or that its business enterprise was at significant risk, the market sold it down from $60 to $40. Sound familiar? But a quick glance now will confirm that over the most recent several months TRP has spent most of its time over $60 again and the people who bought it near $40 have made out like bandits. Do you think maybe some of them were buying ENB this week? Thanks!

Q: I read your previous comments but could you give me your opinion on a switch to TRP or ENB. I’m a income investor and don’t want too much risk. Thanks.
Rod

Q: I would like to purchase shares of IPL or TRP. My interest is capital gains potential and a good dividend, in that order. I own too many stocks so I would like to buy only one of them. Which would be your choice and why? Thanks.

Q: I am seeking your advice on these three stocks namely ENB, TRP and CCL.B . They have reached to the lowest price for this year, especially ENB.
ENB yield today is 5.19%. My question is Should I buy these stocks at todays price. Is dividend sustainable? Thank You

Q: I need to sell for a RIF withdrawal.
Which would you sell - TRP, ALA, RPI.UN?
Your new site looks great but I am still a bit lost! (and still a new member)
Connie

Q: My grandson has just begun working and wants to start an investment plan with a long term objective. Could you provide your recommendation for 5 safe dividend growers that also drip.
Thanks much for the excellent sevice
GUY R

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 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: "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: Is TRP a buy/sell/hold after this morning news? Thanks.

Q: I am a retired, conservative dividend-income investor with a company pension, CPP, annuities, Fisgard Capital and the following equities:
1. 17% Mutual funds (RBC Cdn Equity Income, Sentry Cdn Income, Sentry REIT)
2. 10% ETFs (ZLB, XIT, ZWE)
3. 41% stocks (listed above)
4. 32% fixed income (annuities, Fisgard, but not including my pension nor CPP).

I plan to reduce my Sentry Cdn Income holding from 9% to 5% and purchase ZWC. The benefits would be a) saving $1k in hidden MER fees, b) receiving an extra $1k in dividends and c) a better asset allocation. I like the covered call strategy that ZWC provides, as well as the 30 companies inside the ETF.

Question = is this the right ETF product? Are there other Canadian Covered Call ETF choices that offer this diversified asset mix that I should consider? Are their other ETFs that have slightly less financials, less utilities, and more industrials that would result in a better asset allocation for me?

Thanks for your help...Steve

Q: I have two unrelated questions. In a $3 million portfolio, I have about 100 holdings, which I would like to greatly reduce. I have ENB, ENF, IPL, PPL, and TRP. I would like to reduce the number to one or two of those names. My interest is capital gains and a good dividend. Which pipeline company will give me the best capital gains and divide over the next five years?

The second question relates to REAL. I bought the new issue at $ 13 and the present price is only $10.62. Should I sell and repurchase in 30 days or just sell the stock. What is the future outlook and the next reporting date?

Q: energy.
which 7 names in the energy sector would you recommenced should the sector begin to recover. ( oil $55 ish ) NG $3.50 ish
criteria :
leverage
reasonable balance sheet
good management
good future prospects .

Would you agree that; there might be a strong spring like bounce as many will buy, who are waiting for a recovery and have no or a very small position.
thanks
Yossi

Q: Can you compare these two companies and provide your preferred choice for an investment today? Many thanks.

Q: Hi,

After having been burned regularly by buying oil gas stocks in the last few years - despite being assured prices are on the verge of recovery - I am reticent. I am interested in pipeline stocks because they seem less volatile, have good dividends, and some have been hit hard (Enbridge), can you answer this?
1) what do you think of pipelines in the next couple years? is there a better alternative for some growth and generous dividend?
2) buy now or wait for 5% position
3) what would be your top and second pick?

Q: Why do you think ENB has lagged relative to TRP? ENB looks like great value here - yes?
Thanks