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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi
I'm looking for a handful of high yielding companies with a good balance sheet.
In what order would you rank the companies listed? Any other companies you really like that could also be included or preferred over these? Thank you.
Read Answer Asked by Carlo on July 04, 2016
Q: Recent news of mass closures by Caribbean customers of their Royal Bank accounts due to sudden imposition of service fees suggests to me that Royal Bank either doesn’t know or doesn’t care what its customers want. It sounds like an idea generated by greedy head-office bean counters with no knowledge of what is going on in the field. If retail banking is all about service, then once the reputation for customer service is lost, won’t the business inevitably suffer ? In your opinion is this event a “tipping point” for the Royal Bank, presaging a similar abandonment by Canadian customers ? Or will Canadian retail customers simply shrug and carry on with business as usual ?


Read Answer Asked by Don on July 01, 2016
Q: Hi, I'm replacing Prism Medical. What are your top 3 choices in this sector for income?

Would you consider AD as a health stock? It seems to have an interest in the medical field in Canada and the US.

Thanks




Read Answer Asked by John on July 01, 2016
Q: Hi Peter and Team!! Your introduction to the Money Saver Magazine indicated that the investment advisers have to disclose all investment fees to their clients. Do we specifically have to ask for them, or will they automatically be sent to us? Happy Canada Day to all!!! Tamara
Read Answer Asked by Tamara on July 01, 2016
Q: 9:53 AM 6/29/2016

Hello Peter:

Today you made this distinction between "Safe" and "Secure" dividends in your answer to Grant asking about Superior Plus : "We would consider the dividend 'secure'. 'Safe' is a different category completely".

1. I am looking to concentrate on companies whose dividends you consider to be in the "safe" category, and which yield over 3.5% as these should/must be at least the main core of any pensioner's holdings for reliable income. This can be confusing to sort out since I presume that you will not consider all banks, utilities, telcos, REITS, Pipelines, etc. qualify as "safe".

2. So if you could sort out a short list of the few that qualify for the "Safe Dividend" category it would be most appreciated. I do understand that disasters do occasionally happen, and any company no matter how safe can get into trouble.

2. This brings up the problem of portfolio concentration caused by owning only a few names or sectors. Is it better or "ok" to just own a portfolio of only "Safe" dividend stocks, or are we advised to dilute the quality of our portfolios and own some less safe dividend stocks to supposedly "diversify" risk? This harks back to the people whose portfolio consists of only the big five Canadian Banks and who have done brilliantly for the past 50 years!

Your considered opinion on this issue will be most appreciated........ Paul K.

Read Answer Asked by Paul on June 30, 2016
Q: I wish to add a utility stock to my holdings. Do you have a preference between Boralex and Algonquin? Thanks
Read Answer Asked by Patricia on June 30, 2016