Investment Q&A

Q: Hello Peter :
As a retiree with hopefully 20 years to live I am looking for an additional safe secure stock capable of weathering a market crash and with a good growing dividend and enough expected capital gain to offset inflation.

I am currently looking at stocks in the 5% yield range and am focusing on BMO Equal weight REIT Index ETF [ZRE] which you have in your Model Income Portfolio and must like a lot, and on Bell Canada [BCE]. Both have about a 5% dividend. BCE has a P/E of 19.3 but I cannot find a P/E for ZRE as such, but the P/Es of the 18 REITs in ZRE range from about 10 to about 20.

I already own BDT, BEP.UN, PKI, ENF, and BIP.UN, all near the 5% yield range.

Which of ZRE or BCE would you advise me to choose for income for a long hold and why, and do you have any other or better suggestions?

Thank you....... Paul

Q: Hi,
I see you have Enbridge in your portfolios, if I was to buy another pipeline company who would you recommend and why?
Matt

Q: Good morning,
1) I am confused with the reported pay out ratio for BEP.UN. I know you have it in your income portfolio and you have stated cash flow for it is a better indicator. However, when researching various sites MSN has it at 112%; Financial Times at 257% and ycharts at 72.69%. I saw one had it at 545%. Would you mind solving this for me. What does your research say?
2) You recently provided an answer to me regarding "BUYS" in the Capped Utility sector.
What would be your top 4 "Buys' ….. long term, income.
Have a great weekend
Paul

Q: Hi Peter,

Could you please provide comments on the "Advantaged Canadian High Yield Bond Fund - AHY.UN? In particular, do you believe it is better than other bond funds?

Thanks, Darlene

Q: Thanks for all the ideas, both from staff and fellow members. Am interested in Algonquin Power (AQN) for growth and income, but fear that growth may be muted over the next 18 months. Is that a fair assessment?

Q: Hi Peter, TCL.A seemed to put out nice earnings this morning. I wonder if you could comment on the numbers.

Thanks!

Q: Good morning Peter and Team,
I have been researching the various pros and cons of the companies in the Capped Utility Sector. Would you mind ranking the following companies under "buy" "hold' or "avoid:
AQN;ACO;ATP;CU;CPX;EMA;FTS;JE;NPI;SPB;TA and BEP.UN
Many thanks for the wonderful service.
Paul

Q: What are your thoughts on PZA ?

Ken

Q: Peter - thanks for your earlier comments on Just Energy (JE).

Today's announcement: Just Energy to sell National Energy for $505-million

They also announce the dividend will drop from 0.84 to 0.50 and go from monthly to quarterly.

Is this enough to improve the debt situation and help right the ship?

The market seems to like it (so far).

Thanks.

Q: I have some cash in my TFSA. What do you think of Brookfield Infrastructure and the current price as an entry point.


Thanks

Q: Hi Peter & Team,
Opinion on BIP.UN or ZGI please for long term income. Thanks

Q: Hi Peter:
I hold this: MFR.UN.T
in my RRSP portfolio
what you say it is of decent hold as an income generating
investment; if not what would you suggest ?
thanks!

Q: hello 5i:
re: question asked by John about AGU.

On the 23 May, AGUs Borger, TX plant went down for repairs. That was the second plant in two months to go down, which obviously impacts the amount of product being produced, resulting in decreased earnings. I must advise I'm a long term bull on AGU, but sold my shares some time ago due to perceived problems with execution. John, hope that helps as it may explain why share price is drifting down.
Paul

Q: Hi, could you please rank the following companies in terms of safety of income. Could you then re-rank in order of long term growth potential. Thanks.
VSN
CSE
CPX
NPI
AQN

Q: re: GWO & MFC

Saw your comments today on Great West... are those comments applicable to Manufacturers as well? Or is there anything I should be aware of re MFC specifically? I'm down 6% on a 6% weighted position.

Thanks for all you do

Gord

Q: Hello Peter. What is your opinion of AIM-T

Q: ALA-TSX, AltaGas has been a favourite holding of mine since it was an income trust. I see it as being a well run, ever growing utility and energy company with a consistently growing dividend with a bright future. It is a diversified company.

I see it as similar to a young Enbridge Gas of years gone by, for example. I DRIP it and have traded it also occasionally.

I actually like it better than Fortis (FTS), TransCanada (TRP) & Emera (EMA). I also DRIP ENB, TRP & FTS.

Any thoughts or concerns that you would like to highlight for would be appreciated.

Thanx in advance.

Q: Greetings, fellas. True North Apartment REIT (tn.un) announced a deal today where it looks like the reit's management is selling the properties to true north from Starlight. On first glance, it looks like management is simply paying themselves for properties they will still partially own.

With the $9 exercise price, as part of the deal going to management and with Daniel Drimmer owning 41% of tn.un do you think with this deal it is more likely or less likely that Mr. Drimmer will put together a bid to eventually take tn.un private, in the future.


Thanks.

Q: I notice BEP.UN is raising approximately $325 million this morning at $31.70 per share. Do you know what the money is needed for and would you recommend purchasing at the new issue offerring.

Q: Peter & Team, I'm down 10% on AGU. What is your advice/habit when in this position? Is there a chance it could rejuvenate in 6-12 months? Thanks.