Investment Q&A

Q: Hi,
I believe oil will rally into the spring. I am considering buying Penn West Energy or Baytex for a quick bounce and selling it in the spring. Which one would you prefer?
Thanks for your time

Q: Your opinion on this etf please. Is DIA a good way to track the djia and collect a decent div?

Q: Formerly Scorpio Mining SPM. The stock has started an upward movement. Any significant news on the company or is this a short spike with the gold movement . I have been a long term holder

Q: Hello.
I would like to ask you to put your Income Investor Hat on for this question. But in saying that, I have to add that I am not willing to be an Income Investor who gives up Capital value just to collect an income stream.

The situation is one you may have seen before....... Significant number of BCE shares held in Senior's investment account. To identify the sensitivity of the situation, the amount affords dividend payments that exceed combined company pension and CPP together. The BCE income stream affords the lifestyle as it is today.
This is great except for the lack of diversification and the associated risk of a single stock position being so large.

The question to start, I have to ask whether for a senior who has been comfortable for over 50 years investing in a single stock, does a third party even talk about diversification?
If yes, from what you see here how would one go about identifying investment choices and creating a diversified portfolio with similar attributes as BCE has offered throughout these years. (Bonds not currently desired due to low income yield - And the Pension Plan is already an excellent Bond proxy)

Given the Market activity over the past 14 months and BCE price holding up while other dividend paying investments are declining in price/ increasing yield, I sense this is a good time to begin this diversifying activity.

Thanks for the effort you put into offering us all Market and Stock insights.
Dave

Q: I have been a long term holder of this unit 10 yrs. With the current uptick and potential now upside would you recommend adding to my position or to continue holding my position with no increase in units. What are your thoughts on this holding?

Q: I would appreciate some clarification to your answer to my question.
My guess is that you are telling me that I do in fact have a 22% Energy weighting.
Am I correct in saying that?
If so then I suspect that when Oil turns around I will look like a genius!
BUT in the meantime I am more concerned given the fact that your recommended weighting is 5% for Energy.
My goal is reasonably safe dividend income(you've heard that so many times recently) and all of the stocks I had mentioned pay decent dividends.
I am underweight Financials (10% weight) and Industrials (14% weight) compared to your recommended weightings. Otherwise I am pretty much in line with your recommended weights by sector.
I am also 30% cash right now.
Based on this information, what would you suggest I do?

Thanks again.

Q: The second part of my question was....
Would you recommend buying POT at this time for an investor who is looking for income and long term capital growth?
Thanks.

Q: Can I have your thoughts on Enbridge after their recent earnings announcement. The fact that their dividend increases may be less than announced in 2014 causes some concern. I am interested in this security as a long term hold. Thank You.

Q: I was notified this a.m. that ENB reported 2015 FY results. Your thoughts?


Thanks

Sheldon

Q: Reviewed you comprehensive reply today, however why are volumes up 1,771504 compared to much lower volumes.
Is this the shorts, or something else.
I hold this in my RRSP at a much higher price, and considering leveraging down, or even buying a call option.

Can you please help me out.

Many thanks for your help

Q: Hi 5i: Along with many others I have significant paper losses on CPD. I would hold for the good divided if I could be reasonably sure I wouldn't suffer another large hit if the BoC were to lower rates again, or go negative on us. Some time ago I sold about a half and reinvested the proceeds. I'm considering dumping the rest to limit the remaining potential damage. What do you think?

Q: Hello Peter,

Per today's the Globe and Mail, one third of the global government bond market is now trading at subzero rates. Under this negative rates environment, what kind of impact will it impose to prefer shares in general? Does it make sense for companies issued prefer shares to call them back, then reissue them at much lower rates. If the prefer share's rate resets in next couple of months, will the new rate be set to much lower rate than before (other than lower prime rate)? Thanks.

Lin

Q: What do you think of their latest results. Is this a good stock for income and some growth.

Q: Good Morning, just raised some US cash selling index ETF's on the bounce. Am income oriented looking at pfizer with a yield at 4.1% forward p/e of 12.9 according to reuters have 7.5% in healthcare JNJ,GILD,GUD and ZUH.Could also add to cyclicals(only AW.UN in Portfolio.)or industrials if you have any good dividend stocks in mind. Can add 2 positions.
Thanks. Don't ask many questions but 5i is in my morning ritual.

Q: 2:35 PM 2/19/2016
Hello Peter & Staff
I need to diversify away from Financials, Energy, Pipes, and Utilities as I am overweight in these sectors.
I have 5% available cash to invest. I am considering buying or adding to 3 of these :

Pizza Pizza PZA, [I have a 2% position]
A&W Royalties AW.UN [I have a 2% position]
BMO REITS ZRE,
Sienna SIA,
Extendicare EXE,
Richards Packaging RPI.UN, [I have a 1% position]
Chartwell CSH.UN, [I have a 3% position]
Corbys CSW.A, [I have a 3% position]
Evertz ET [I have a 2% position]
Prism Medical PM.

I need steady reliable income from safe dividends but would like some growth too. Could you please advise me which three are the best to buy or to add to at this time, and please explain why you make your choices.
I would also welcome your suggestions on other 4-6% yield dividend stocks I may have not considered yet.
Thank you......... Paul K

Q: Hi Peter & Team,
The AQN.PR.A prefer is it a perpetual prefer or Reset prefer? If it is perpetual based on 4.5%/$25.00 issue price. That looks very good buy at today's price $13.50 ?
I have 600 @22.89 should I add more or cut my loss?
Thank you and learned a lot and appreciate from 5i .

Q: Hi Peter and Team,
BCE is hitting an all-time high today. I own a small position and have been watching over the last 6 months or so for an exit point, for two reasons: 1) it is held in an RESP which we need to take some $$ out of, and 2) I chose BCE to sell because we expected little in the way of growth. Perhaps I am wrong...?
What are your thoughts on the near/mid term outlook for BCE? We could instead consider selling a couple of other holdings: ESL, GRC, AVO, CNQ, AW-UN, GUD, HWO, TII, MIC, WIN, and Sprott Small Cap Equity Fund.
What would you suggest selling?
Thanks again for your excellent service!

Q:
Would you buy Valener at today price?
In your opinion ,is the dividend sfe?

Q: Hi Everyone! Thank you again for the great service you provide to us!! I have been watching BU for a while, last couple days the price and volume has gone up. Is there any particular reason

Q: In an almost zero percent interest rate environment what sense does this new direction make? I agree with eliminating the DRIP as it made no sense to issue new equity at the current unit price but the distribution cut and selling properties seems to be misguided. Payout was below 100% prior to this cut. Your thoughts please.