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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: Re the question asked re enterprise, entrec and macro, did not understand your answer. Which is your favorite, which is the most risky or do you like all three. You keep getting asked questions on these 3 so a clear answer would be appreciated. Dave
Read Answer Asked by david on February 11, 2014
Q: Just read your comments to someone else regarding Aberdeen Asia [FAP]. I have held this for several years, and continue to hold as they are still kicking out a good dividend. I'm underwater on the share price of course. Would you recommend holding on, or is there a danger that dividend would be cut, further driving down the price of the shares?
Read Answer Asked by steve on February 11, 2014
Q: Do you think PLT.UN (Parallel) can sustain it's dividends? Tx
Read Answer Asked by hugh on February 11, 2014
Q: 3:21 PM 2/11/2014
Hello Peter
The Northwest Company NWC has been dropping but I am still up 13.4% and I am wondering if it would be prudent to just sell and take my profits.
Sadly my Liquor Stores LIQ is down 28% from my purchase price. Should I just cut my losses here and move on?
I am down $23K on LIQ and up $6K on NWC so the gain is more than offset by the loss.
I do think consumer stocks will continue to fare badly and other market sectors seem to me to have much more promise.
I am inclined to buy some of PZA, T, MIC, RUS, AFN, WCP with the proceeds if I sell either or both.
Regards and thanks....... Paul
Read Answer Asked by Paul on February 11, 2014
Q: I am looking to move $120k from bonds currently managed by a large discretionary money manager into some higher income dividend stocks that I will manage (with your guidance!). My goal is to increase my after tax income stream and grow the capital (or at a minimum preserve capital). My current manager shies away from smaller companies.

I have prepared a list of 10 funds that I am considering buying, spreading the money equally: CHE.UN, CPG, IPL, SGY, WCP, RUS, WJX, AW.UN, BPF.UN, VSN. There was no magic in choosing ten, it just seem like a number that allows me to diversify by company and industry and perhaps hold my greed in check!

Is 10 too many (or not enough) for what I want to accomplish? I am fairly comfortable with the risk in terms of the dividends continuing and I do want to grow the principal.

Eagerly looking forward to you comments. Thank you as always.

Paul F.
Read Answer Asked by Paul on February 11, 2014
Q: Hi Peter and team My question relates to Alta Gas (ALA). RBC has a sector perform rating while NBF has an outperform. In looking over their reports I see virtually identical estimates of dividend increases for 2014 but NBF goes further with a projection of a 15% increase for 2015. RBC says it is fully valued at the current price while NBF maintains it sells at a discount to the "high payout group" with 2015 estimates P/AFFO of 10.4 cf. with group average of 12. I would like to know your opinion.

Thanks

Ross
Read Answer Asked by Ross on February 11, 2014
Q: My question is on CXI. Can you give us your updated comments on this stock? Revenues and cashflow are starting to grow but NI was flat. This little company looks to have good growth prospects especially in the US and has applied for bank status in Canada. The balance sheet looks decent. Any chance you'll do a report on it for us?

Thanks!
Read Answer Asked by Dathan on February 11, 2014
Q: Hi folks. Thanks for all the great advice. Could I have your thoughts on gold ETFs, particularly HGU?
Read Answer Asked by Guy R. on February 11, 2014
Q: Hi Guys.....Can you let us know which oil company you prefer pre.to or cve.to? Thanks!
Read Answer Asked by holly on February 11, 2014
Q: Hi Peter. Crescent Point Energy seems to be a top pick for just about everybody these days. I have held it for about 7 months. The dividend is nice , but growth has been virtually nil. Do you see growth ahead? Should I be in another company that offers both yield and growth. Keep up the great work. You and your team are an oasis in the financial advisor arena.
Read Answer Asked by Cam on February 11, 2014
Q: Pure Technologies closed at an all time high today.
Would you buy now or wait and hope it drops?
How do you rate the management and how does their orderbook look?
When will they issue their next financial report?
Thanks,
Ron
Read Answer Asked by Ron on February 11, 2014
Q: What do you think of Master-Limited Partnerships (MLP) as incoming generating securities?

If there are any that you're following or recommended, can you please state them.

Thanks.
Read Answer Asked by Eugene on February 11, 2014
Q: I have held some XRB in my daughter's RRSP both up and down in price. Would it be an idea to add to this position for her? (her age is 31)
Thanks
Read Answer Asked by Robert on February 11, 2014
Q: Is there an 'RRSP' effect on the Canadian Market?
By this I am referring to an influx of money in the first 60 days of a year that is looking for a home whether through mutual funds or direct investment in the market.
I seem to have an impression that the markets take a dip after RRSP season.
Your opinion is, as always, appreciated!
Thanks!
Read Answer Asked by Kenneth on February 11, 2014
Q: I'm one of your newer subscribers having joined in Nov '13 and I have been doing much better with my investing since then. I ditched my Financial Adviser/Broker about a year ago when I finally stopped procrastinating and acted upon long held realisation that she was making more money from our accounts than we were.
I now manage both RRSPs and RRIFs for myself and my wife. We own 40 shares in the four accounts, most of them dividend producing, but also some growth stocks and they are fairly widely spread across different sectors and different geographical areas.
I have a few duds, or at least equities or ETFs that I bought at the wrong time when I was out in the wilderness learning to do it all by myself, and I intend to sell them when the time is right to take advantage of your advice given in your answers to members.
It doesn't seem to be too onerous a task at the moment as long as I ignore events like the recent selloff, but are 40 stocks too many?
Read Answer Asked by John on February 11, 2014