Q: Pipelines are correcting downward - can you comment on the catalysts for this move/
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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: You continue to support interest sensitive stocks on the grounds that interest rate hikes are built into the present price. What are your parameters on the size of the rate increases? If interest rate on 5 year GICs rise 1%, do you think the price of ENB, for example, would remain unchanged from a rate perspective, all other factors remaining constant.
Q: Hi Team
I bought Canadian Utilities at beginning of year and would like to sell for capital loss and buy in its' place either Emera EMA or Transcanada Corp TRP.
1. Is this "ok" for capturing capital loss ?
2. Does this seem like a reasonable move, I REALLY wasn't intending on jumping around but had actually been watching ALL 3; with ideas of buy potentially; it just so happens I started with CU and then the sector fell apart. I figure since I liked all three I might as well capture the loss if the move is legal accounting-wise.
3. of TRP versus EMA ; would you favor one more than the other from a "better buy " point of view, i.e. what metric would you look at and please compare the metrics.
Ernie
I bought Canadian Utilities at beginning of year and would like to sell for capital loss and buy in its' place either Emera EMA or Transcanada Corp TRP.
1. Is this "ok" for capturing capital loss ?
2. Does this seem like a reasonable move, I REALLY wasn't intending on jumping around but had actually been watching ALL 3; with ideas of buy potentially; it just so happens I started with CU and then the sector fell apart. I figure since I liked all three I might as well capture the loss if the move is legal accounting-wise.
3. of TRP versus EMA ; would you favor one more than the other from a "better buy " point of view, i.e. what metric would you look at and please compare the metrics.
Ernie
Q: Good morning - what's your take on DR selling its interest in one of the surgical centers. Is this a buying opportunity or a negative sign (market doesn't seem to like the news)? Thanks!
Q: For a yield investor does electricity producers/distributors currently offer a safer alternative than pipelines. They seem to offer around the same yield but in the current environment do pipes carry more inherent risk. While pipes are more volume than price sensitive some predict volumes could be impacted by a prolonged period of lower oil prices (what do you think the odds of this are?). So is BEP, VNR and BIP.UN generally a safer yield choice than PPL, IPL and ALA for example? Thanks...
Q: My portfolio is primarily stocks. Only bond position is XHY at 2.5% of portfolio. Want to add considerable fixed rate/bond holdings to get some balance. Could you make some suggestions. Thanks.
Dave
Dave
Q: Peter and His Wonder Team
On April 30th in response to a question you choose CPX over TA and stated TA was expensive. Since then TA has fallen approximately 20%.What do you think has caused this? Is it company related, the sector or fear of the NDP...or all three? If the shares fell another 10% or 15% would you consider it a possible long term contrarian play? Thanks for your thoughts!
Dr. Ernest Rivait
On April 30th in response to a question you choose CPX over TA and stated TA was expensive. Since then TA has fallen approximately 20%.What do you think has caused this? Is it company related, the sector or fear of the NDP...or all three? If the shares fell another 10% or 15% would you consider it a possible long term contrarian play? Thanks for your thoughts!
Dr. Ernest Rivait
Q: I purchased Alta Gas some time back as a long term hold. Everything that I read about the company is very positive about its long term prospects. Your comments on this site have tended to be supportive of this position. Yet the shares continue to fall despite all this. The shares are down a lot since February and technically look extremely weak. Is there something that we are all missing relative to this company's prospects as the fall since February has been relentless. Today's trading appears to be starting another leg down having broken the support around $40. Clearly the market is not as positive about this company. at least in the past 4 -5 months. Is there any explanation for this drop and any rationale for continuing to hold the shares rather than stepping aside. I would appreciate your comments.
Q: with the recent slowdown announced from Teck and weak coal markets in general, what are your thoughts on WTE and does it have the balance sheet to protect the dividend? Thanks for your service.
Q: I'm hold some Pipelines and REITs and these have unrealized capital gains in a registered account. There is no need for income. Blue skying it - with interest to increase and 1/4 point seemingly backed into the stock prices for pipelines and REITS, when is the time to sell them?.....Thanks Tom
Q: Hi there,
I'm looking to initiate new positions in 2 of the following for my RRSP. Can you tell me what entry point you would target for each and which 2 you prefer? I am wondering if you expect any of them to drop in the next 3-6 months to create a better entry. Assume things are properly balanced.
I would only choose one of the pipelines and 1 utility if I went those routes. Thanks as always!
Inter Pipeline (IPL)
Pembina Pipeline (PPL)
Canadian National (CNR)
Canadian Utilities (CU)
Fortis (FTS)
I'm looking to initiate new positions in 2 of the following for my RRSP. Can you tell me what entry point you would target for each and which 2 you prefer? I am wondering if you expect any of them to drop in the next 3-6 months to create a better entry. Assume things are properly balanced.
I would only choose one of the pipelines and 1 utility if I went those routes. Thanks as always!
Inter Pipeline (IPL)
Pembina Pipeline (PPL)
Canadian National (CNR)
Canadian Utilities (CU)
Fortis (FTS)
Q: Hi 5i,
For long term investment quality if you could only buy VNR or TRP which would you pick and why?
Thank you,
Michael
For long term investment quality if you could only buy VNR or TRP which would you pick and why?
Thank you,
Michael
Q: Hi
Currently looking to reduce exposure to the energy infrastructure sector. Currently hold ENB GEI IPL PPL and TRP. Which 3 would you recommend keeping? Thanks.
Currently looking to reduce exposure to the energy infrastructure sector. Currently hold ENB GEI IPL PPL and TRP. Which 3 would you recommend keeping? Thanks.
Q: I bought Enbridge Income (ENF) a few months back for income in my RSP. It has had nice capital gains since, and the dividend as a percentage of investment is obviously now lower. Do you see any advantage in taking the tax-free gains and moving to either ALA or IPL, which both pay a higher dividend rate. Any preference between ALA or IPL? I already hold Pembina in another RSP.
Thank-you
Thank-you
Q: I campionissimo its for Peter. I have 350 shares of Lassonde bought at 38.25. I may be want to sell and buy something else whithmore growth and dividend. Do you have something else in the same quality of cie. Thanks a lot.
Q: Hi 5i:
I am in the process of boosting the fixed income portion of my portfolio (knowing full well that nothing interesting is really fixed). I hold a preferred share ETF, a convertible share ETF, some short term laddered bond ETFs, and a high yield bond ETF. I'd like to add an income fund, and I'm more concerned about not losing capital than getting a lot of growth. AW lost less than BPF during the recession, and though BPF has gained more since, AW has done better from pre to post recession. I'd appreciate your advice as to which (if any) of these two to pick. Given my goals, do you have a better suggestion? As always, thanks for your great advice.
I am in the process of boosting the fixed income portion of my portfolio (knowing full well that nothing interesting is really fixed). I hold a preferred share ETF, a convertible share ETF, some short term laddered bond ETFs, and a high yield bond ETF. I'd like to add an income fund, and I'm more concerned about not losing capital than getting a lot of growth. AW lost less than BPF during the recession, and though BPF has gained more since, AW has done better from pre to post recession. I'd appreciate your advice as to which (if any) of these two to pick. Given my goals, do you have a better suggestion? As always, thanks for your great advice.
Q: Good morning,i own in my income acc.cnr/ipl/npi/ppl/ala;7% respectively.With the potential interest increase coming,i m thinking of reducing my position(sell)1/2(50%)of each holding.Do you think I am rushing for no good reason?
Thank you kindly.
PS:Great job 5i.
Thank you kindly.
PS:Great job 5i.
Q: Dear Peter and team:
Thanks for your update and report on H&R REIT. If I want to construct a safe, predictable income oriented portfolio based on just REITs and Utilities, what are the companies you will suggest? Say between 5 to 10 stocks? I am acutely aware of the interest rate risk, vacancy rate risk and potential recession risk. I ask this question b/c both Mr. David Stanley and Mr. Ross Grant avoid REITs and all the previous Income Trusts in their BTSX portfolio construction. BTSX is my all time favourite portfolio.
We are seniors and hence safety and income are important.
Great work by you and your team here and at CMS. Always enjoy your comments, answers and editorials.
Mano.
Thanks for your update and report on H&R REIT. If I want to construct a safe, predictable income oriented portfolio based on just REITs and Utilities, what are the companies you will suggest? Say between 5 to 10 stocks? I am acutely aware of the interest rate risk, vacancy rate risk and potential recession risk. I ask this question b/c both Mr. David Stanley and Mr. Ross Grant avoid REITs and all the previous Income Trusts in their BTSX portfolio construction. BTSX is my all time favourite portfolio.
We are seniors and hence safety and income are important.
Great work by you and your team here and at CMS. Always enjoy your comments, answers and editorials.
Mano.
Q: I already own Enbridge and it is a large holding in my non-rrsp and I am wondering if Valener would be okay for a LIRA account or are these 2 stock similar?
Thanks
Thanks
Q: Hi guys, I have fortis in my u.s. side of my portfolio, your thoughts on selling and purchasing more of either vig or spy.
Thanks
Jim
Thanks
Jim