Q: I have self directed RRSP. It is made up of equities and fixed income investments. I have investment in 16 companies of which 10 are in the Income Model Portfolio. My goal for this account is to have safe reliable dividends with moderate capital appreciation. For the past year I have invested all dividends in money market account. The money market account now makes up 8% of my account. I am 66 years old and do not need the dividend income currently but I will be using as part of my regular income in 2 to 4 years. Would you recommend BPF.UN as part of my portfolio?
5i Research Answer:
BPF.UN is a small company, and may not be a 'blue chip' large company such as FTS. However, it...