Q: I have self directed RRSP. It is made up of equities and fixed income investments. I have investments 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. I plan to buy 2 companies from money market account funds. Would you recommend CSH.UN as part of my portfolio?
5i Research Answer:
We cannot personally direct answers, but CSH.UN offers stability, decent income and some upside...