Q: Good morning. Retired live off portfolio. Had a GIC with a nice yield just mature. Need to reinvest for "safe" income. Which of the stocks in your income portfolio would you say are the best buys at this time with safety in mind. Thanks.
5i Research Answer:
Keep in mind that ANY equity is going to carry risks, and we would not equate any stock with the safety of a GIC. That being said, looking at the income model, we would suggest FTS, H and SLF today.