Investment Q&A

Q: Your response to Brian on Dec 15 included the following comment: "if you own 85% of your portfolio in high dividend stocks, then this is more of a concern".

I am a retired, conservative, dividend-income investor, with a pension, CPP, annuities, the above listed stocks and 3 income producing MFs (RBC Cdn Equity Income, Sentry Cdn Income, Sentry Global REIT).

I fit the 85% easily. I believe my portfolio is diversified by sector and by security. I also believe the securities have, for the most part, sustainable and growing dividends. I am a "buy-and-hold investor with reasonable tolerance for volatility.

Your comments and concerns please, along with any recommended improvements. Thanks...Steve

Q: We are involving our kids (ages 7 and 8) in choosing companies that they are interested in for their RESP holdings. They love watching their dividends get deposit into their accounts, almost as much as I do.

My son has chosen: CGX (because he likes going to the movies), L (because he sees how busy the grocery store and Shoppers are) and ICE (because he likes playing hockey and noticed how busy the rinks are where we live).

My daughter has chosen: CTC.a (because she likes to go to Sports Check to buy her sports equipment) and CARA (because she likes going to a few of their restaurant brands).

I added T, for some stability and extra dividends.

I realize this mini-portfolio is pretty concentrated in the consumer sectors. Do you have any suggestions to diversify things?

Also, given their age, what percentage of their RESP would you recommend being in equities?

Thanks in advance.

Q: I’m looking to add the equivalent of about 1 full position to consumer cyclicals.

I currently hold DHX.B (2.9%), AW.UN(3.4%), QSR(2%), CGX(2.4%). Right now I care about total returns and I lean towards profitable companies which pay, and regularly increase, dividends. I am not opposed to swapping out companies or adding in new ones though I do tend towards the buy & hold philosophy.

Your thoughts on this list, other options in the sector and where to introduce the new cash would be appreciated.

Thanks,

Gord

Q: Hi Peter, Ryan, and Team, I need to top up my consumer discretionary holdings and already have close to full positions in the above stocks. Please recommend several possible purchases, or are there any of the stocks I already hold that could be overweight by a bit (excluding XTC)? Alternatively, since I don't have much US exposure, might there be a suitable ETF with decent growth? Thanks in advance.

Q: I manage my husband's and my TFSA's as if they are one account so we do not duplicate the stocks in the 2 accounts and can have a reasonable size of position. We have a similar weighting of ALA, REI.UN, SIA, WSP, ZEB, BEP.UN, CGX, and HR.UN and PKI, and a double weighting of CPD and CDZ. We currently have about $110K in the two accounts and $20K of that is in cash. Can you suggest what we might add to or change in the above list, considering that we prefer income paying securities with some growth prospects and want the TFSA's to act independently of our other investments as a relatively conservative growth vehicle.

Q: Between BCE and T, which would be your pick for growth and income, in that order? If I added CGX to the mix (recognizing it is in a different sector), where would it fit in with the other two? Please also include some rationale for your answer.
Thank-you

Q: I am very impressed with their results and their ability to generate revenues from new and evolving sources. Would this be a time to buy in?

Q: Earnings fails on all of these. Do you think they'll be treading water/going down until the next quarter?

Q: I'm a late 20s investor looking to augment my company group retirement rrsp (invested in MF's - Index/Mawer) with individual stocks. My goal is to add positions until I'm close to the Balanced Equity portfolio.
At this time, which of the above (or another if there is a better option that I haven't listed) would be a good idea to start with? Thanks in advance.

Q: I am just about to give up on Empire A. Do you think Cineplex would make a good switch in a Balanced/Income portfolio?

Or should I just bide my time as I am currently down 27% and hate to lock in the loss? Letting go is always a problem for me as I suppose it is with a lot of retail investors.

Q: CGX dropped since its last Q results,but lately is turning around with announcement of acquistion of Tricorp on 9/21 & recommendation by Motley Fool that it should be part of any portfolio on 9/23.On Sep 24,TD increased its target price to $59 with a buy rating.May we have 5I's concise views.Thanks for your normal great services & views.Looking forward to seeiny Ryan on BNN on 9/30

Q: In view of the effect on the market of the unknowns coming up in the next few months - with US election and its aftermath, and good possibility of US bankrate going up in Dec. I am thinking of going defensive. I have quite a few of the stocks listed in both your Balanced and Income portfolios, could you please list for me which of these stocks you would designate as best 'defensive' - (whatever that means). Thanks again, always look forward to hearing your comments.

Q: Hi team, any thoughts of Cineplex's aquisition of Tricorp Amusements. Thanks. Sam

Q: How would you view a switch from Cineplex to Sleep Country? Currently break even on Cineplex.

Q: In a recent member's question regarding a conservative portfolio construction you said that there are good consumer discretionary companies that are growing income and dividends. Which ones in Canada and the US would you recommend other than the auto related ones? Many thanks for the great service.

Q: Your comments please on results and forward expectations.
Thanks
John

Q: Hi, could you please post the street estimates for SJ, NFI and CGX. Thanks

Q: Hello team,
Any reason why share price of CGX is going in the wrong direction?
Thx!

Q: 3 excellent stocks in your potfolio.Note that recently the advances of Cgx & SJ stalled @ $52-52.50 & $50 respectively.Please explain.On the other hand,Syz took its time to break the $8 & $9 resistances,now just on top($10.08) of the $10 resistance with next resistance @ $11.It could be a multi bagger as previously suggested. Thanks for your usual great services & opinions.Looking forward to seeing Ryan,ex Vancouverite this Friday on Bnn

Q: I am a retired, conservative dividend-income investor with a pension, CPP, annuities, and hold the following: AD, AQN, ALA, BNS, BCE, CGX, CJ, ECI, FTS, PBH, RY, TRP, WCP, WEF, WSP, Sentry Cdn Inc, RBC Cdn Eq Inc, Sentry REIT, ZLB, XIT and Fisgard Capital.

I am looking to top up my consumer stocks, already having full positions in CGX, ECI and PBH.

I am also looking to top up my industrial stocks, already having a full position in WSP and those contained within Sentry Cdn Income.

Suggestions for new holdings with a dividend > 3% please.

Thanks for your help...Steve