Investment Q&A

Q: Could you comment on yieldcos vs parent companies from the point of view of the individual investor. I understand that a yieldco should provide higher yield and more predictable dividend growth. But is there a tradeoff in terms of expected growth in the share price? Also, is one - ie, the yieldco vs the parent - more attractive than the other in registered accounts? I am particularly interested in ENB vs ENF.

Q: What is your opinion of this high interest savings ETF. Is this a safe place to park 100K in order to get a small return (1%) while waiting for an investment opportunity.

Q: Looks pretty good right now-PE 5.7--EPS 3.03--Div 3.95%--Rev and Inc UP--
fundamentals look good--Insider plus Company buying shs--1st two weeks of Dec dropped $4 dont know why?--US$ helping profits
What do you think of them?
Best of the season to everybody

Q: Wow...a lot of talk about pipeline recently at i5R. I have a 5% sector position in Pipelines, equal parts of ALA, IPL, KEY and PPL...plus the start of a full position in ENB, all in a registered account. Seeing how KEY has momentum, I am pondering replacing ALA with KEY. And also seeing the differential of p/e metric for PPL and IPL, I am considering replacing PPL with IPL. Another consideration is to concentrate in fewer positions, aka cutting down on the number of positions to monitor. What say you about these two ideas?.....Tom

Q: Hi, I'm sitting at about 4% BCE and 2% Telus of my total portfolio. I'd like to add a bit to Telus but I'm concerned I'm already at a full weight for telecoms. Can I add some more and, if so, how much? Thank you.

Q: Hello 5i Team,

I am looking to add to the dividend growth portion of my portfolio and want to increase my positions in both Telus and Agrium to full positions (5-6% weightings). Would you recommend waiting to add or would you be comfortable adding at todays prices for a long term hold?

Thanks again for the great service,

Keith

Q: As we all know the materials sector including oil, gold, non precious metals, fertilizer etc has been devastated over the past few years. I have always held some large cap names in all of these such as Teck, Agrium, Potash, Goldcorp, SU, Chevron,WCP,VET, IMO, Exxon -Mobile, even XEG, in reasonable weights for portfolio diversification purposes. Now I am am 59 and on the cusp of retirement. My sole retirement income will be dividends from my portfolio and CPP. Do you think it in the future it would be wise to avoid the materials sector altogether at this stage in my investing career. My current plan is to just hold on to my current holdings as their value has dropped so much that selling them will not raise all that much cash and I believe if I am patient there will be a rebound in materials and the respective stock prices. Maybe I can get out of these positions when they rally again in a few years, avoiding them altogether for the rest of my retirement, and continue to collect my dividends from the more stable dividend growers in my diversified portfolio. Unless of course these stocks fall out of favour next.

Q: Hello am looking for your recommendation on two or three Canadian stocks you like that are consistent dividend growers. Intend to hold for long term. Thanks for great service. Bill

Q: I am down about 25% on IPL and was considering a switch to ALA(down about the same) . Energy and infrastructure are also represented by ENB, TOU and VET in a sector balanced long term hold portfolio. Could you please comment and compare the two.

Thanks as always

Phil

Q: My weighting in pipelines is 7.1%. In a recent response to a question, you suggested pipelines be considered as part of the energy section, as pipelines are reacting to the decreases in crude oil prices. My pipelines positions are AX.un, ENB, iPL, KEY, and PPL. With a sector weighting for “genuine” utilities of 5%, I would like your suggestion of a few key names that I could consider for this sector within a diversified portfolio……Thanks….Tom

Q: Last question was in July, just wondering what your current thoughts are on this now it has added more hydro. Am holding for income, growth not so important, but would be nice. Merry Christmas

Q: stock is halted pending news of agreement with Netflix.


this can only be good I think. Thoughts ???

Q: 1) I've been lucky enough to own PBH for the last couple years. Frankly, I have no idea why it's been doing so well lately? Should I sell some or buy more?

2) Re Russell, am I insane to consider buying this stock here? Is the dividend safe?

Thanks!

Q: I am thinking of buying ( what i hope) are a few bargain stocks before the end of the year. Was wondering whether you thought home capital would qualify. I notice that it didn't come up on your blog post on tax loss buys. Would you still see the companies in the blog as the most compelling today? How about possibilities for large cap stable compaies, like CP? I am sure there is at least more than one question here, so please deduct as required. Thanks and have a great holiday 5i team

Q: How would you compare Just Energy and Crius Energy going forward ?They both pay decent dividends for an income investor

Q: Hi 5i team,

How do you feel about Blackrock (BLK) in the US? Seems with more and more people moving towards index investing, and with the rise of robo-advisors, this would be a good way to play that trend. Seems to have a solid dividend and pulled back a bit recently.

Any comments or reasons to avoid? Perhaps a different company to think about?

Thanks and happy holidays.

Q: Dollarama has been under downward pressure in recent weeks. What is your outlook for this company? We consider ourselves to be investors, not speculators or day traders, but at the same time sell stocks when fortunes and/or sentiment toward a company have changed.

Q: Hi 5i - I'm looking at adding some larger safe dividend paying companies (to hold for a long time) at reasonable prices - I was looking at H&R REIT, Enbridge and Telus. Do you think these are good buys right now? Or would you suggest any others? Thanks and happy holidays!

Q: I have held for over two years: this year the stock has declined a fair bit. Further to this: last Q was brutal, high debt and pay-out ratio. Perhaps it is time to bail. They, I believe, have a good USA presence now which should be helping with the high USD? This one is not looking very good to me right now.

Q: What is your opininion of this ETF?
As the holdings in this ETF are a broad base of other BMO ETFs,what weighting would you recommend in a diversified income portfolio?

Thank you and I continue to be impressed with the service you provide.