Investment Q&A

Q: Have held 1000 units of NWH.UN in non-RSP account since 2015 and the ROC is now about 1/3 of what I paid for it. Confused about ROC and how it helps me but I do understand the lowering of the cost base when units are disposed of. Faithfully track all ROC’s for all units held including SPB. I don’t depend on the income from the portfolio but I am in a 43 % marginal tax bracket as a retiree. So when do I dispose of NWH.UN?
Your Q&A database says that NWH.UN is small, has wide geo distribution and not much growth, the distribution is safe but amount is only so so. However, there is a lot of ROC. In this down market, my 2 other similar amount of REs are down also (CSH.UN and SIA, 35 and 44% respectively). Also, have similar amount of AD that is down 52%. I am about “even” on my gains and tax loss sales so far for 2020 taken early in January but could use some carry-back for last year’s gains. Thinking of a trade of selling NWH and AD and perhaps CSH and SIA, waiting the 30 days before buying AD back unless you could suggest a suitable alternative proxy for the interim (or just buy CAR.UN instead all in non-RSP). Or would best option be to let it simmer and revisit during tax loss season to see if any of these have sufficiently rebounded? Have I missed something? Maybe the best decisions taken are those decisions that did not have to be taken.

Q: Morning 5i,

Top 2 REIT's you'd chose longterm in CAN and US to invest in the current climate.
Thanks again!!!

Q: Can you please comment on q1 results just released. Was the quarter strong and how did it due compared to expectation? Thanks

Q: I intend to buy DIR.UN, IIP.UN and CAR.UN. I do not need the income, I would buy them because you have recommended them in the past and I need some diversification into the real estate sector. My question is, given that their distributions can be R of C, foreign income, and other income, are they best purchased in a TFSA or RRSP, rather than in a non-registered account?

Q: These are the property Reits that I have. I am down with Dream. As the economy struggles and the ability to pay rent increases, what is your thought at this time? I could see a sell and reentry later, but perhaps this is a poor move. Appreciate your thoughts....

Q: what are your suggested canadian reits for income and some growth?

Q: Which 4 of the 6 Reits would you buy at current levels? Please rank your choices.
Thanks

Q: Could you give me your top 3 REIT choices here and the u.s. going forwards and why.

Thanks for all your support.

Q: Hi Team:

I think the market would be changing or, already changing due to the virus problem. People will value things in life differently. so, what sector would you recommend, and what 3 companies you would buy either in Canada or USA?

Thank you.

Louisa

Q: which gold stocks you will recommend?
Which is best APARTMENT REIT?
2 QUESTIONS.

Q: Hi,

Do you agree that many REITS and utility companies are historically way overvalued considering their lack of growth?
If I was to invest in REITS and utility companies for the next few years, could u pick 2 REITS you like for US and 2 for CDN exposure?
Could you also pick two utility companies you like for US and 2 for CDN exposure?

Q: Which residential reits do you believe have the highest quality tenants? i.e. less likely to defer, default, delay etc. rental payments . Also which reits have the best balance sheets and financial strength? Are any worth investing in at this stage or do we need to see were the dust settles?

Q: I'm looking to take positions in the following sectors. Could you please recommend 2 stocks in each category to hold in a non-registered acct.

-Utilities
-Healthcare
-Real estate

Thanks as always, Dave

Q: Thank you to the whole 5I team for your precious help during these difficult times. I am retired and I hold shares in a corporate account of DIR and CAR with losses of approximately 30% each. The company is expected to close within 3 years. Do you think these 2 titles will go back to their paid level by then. If not, would it be appropriate to sell them take a tax loss and migrate to companies with slightly lower dividends but with more growth? I thought of BIP and BEP or BAM. If not, do you have any other suggestions?

Q: I have been hearing more and more about the possibility that renters (and small businesses?) will be able to forgo rents for at least a while, should they be short of funds, without risk of eviction. . Given the skyrocketing rate of unemployment, I am wondering if my four reits (internet, granite, CAR, Minto) are at risk to lower their dividend. If so, can you rank them in terms of the risk to their dividend?

Also, what is to stop any renter from not paying their rent, even if they can? Do renters have to "apply" to have their rent waived or can they just do this their own accord?

Finally, is there any possibility that the government (federal or provincial0 will pay the rent?

Q: I expected Canadian Appartment REIT to hold-on better, since people need a place to live and debt will get cheaper for the company. My sister, a lawyer, says that courts are expected to be understaffed, and so, landlords will not be able to force renters to pay. She thinks that renters who lose income due to a layoff will prioritize their car payment over their rent. I don't like that possibility one bit. I'm still positive on my position. If that makes sense to you, I'll sell and buy the U.S index. Thank you.

Q: The REIT sector seems to have been decimated. Residential REIT's which usually hold up better have come down big along with the Industrial REIT's.

Would not be a good time to accumulate some of the residential REIT's in Canada. Why would these companies decline so much ? Are they being priced such that folks will not be able to pay rent forever ?

Q: Hi Peter and Ryan,
Can you offer some insights on why BPY.UN is down much more than its peers such as CAR.UN and CHP.UN? Is it wise to replace BPY. UN with either CAR.UN or CHP.UN at this moment? Thanks,
Martin

Q: Hi, if I was going to buy one or two utility companies and one or two REITs for reasonable income, growth and safety, which ones would you recommend? Thanks.

Q: Could I get your take on REITs at these levels. I thought they would have held up much better in this current meltdown. Are investors just dumping them because they think tenants are going bankrupt and default on their lease agreements? What is your opinion on FCR.UN? or do you prefer HR.UN? Thanks Ron