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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: I'm planning to reduce my RRSP exposure to REITS, now 26% of the account. I hold BOX.UN, CAR.UN, REF.UN, CUF.UN, HR.UN, MRT.UN and plan to switch 2 of the lower quality names for IPL.UN, as I have no holdings in pipelines. Thoughts? Thanks...Jeff
Read Answer Asked by Jeff on March 15, 2013
Q: I would appreciate your views on BIP.UN as a buy now for a long term hold.
Read Answer Asked by Dennis on March 14, 2013
Q: Questions about drips and what is the best way to handle. I do not use the income at this time just reinvest whe have enough money. The brokerage I use gave two different answers. 1.They buy the shares with the company discount 2. You have to actually hold the shares to obtain the discount and if you do then partial shares are also bought. How do investors know what is the best way to go. Value in investing 5iresearch
Read Answer Asked by Ross on March 13, 2013
Q: I have a question about Carfinco hey, things seem to be stalled with carfinco, do you anticipate any new growth, it has had a great run and was an excellent call by 5i, is this something i should remain holding or take the profit and move on

thanks
Read Answer Asked by eddie on March 08, 2013
Q: First National Financial (FN) has a preferred (fn.pr.a), 4.65%,cumulative,rate-reset every 5 years, issued at $25PV in January 2011, trading now at $17.50 to yield about 6.5%. I purchased 3000 a few months ago at $17 and am considering another 2000 shares. This would then be about 10% of my portfolio. The dividend seems to be well covered. I am after dividend income with a little growth.
Read Answer Asked by Ian on March 07, 2013
Q: Hi 5i team, as someone not versed in the niceties of accounting, I have difficulty understanding both sides of the argument in the article in today's Globe's ROB on Just Energy's EBITA statements. Is this something like life-insurance companies where it is difficult to account for things happening going into the future? Please do enlighten. Thanks Henry
Read Answer Asked by Henry on March 07, 2013
Q: Hi Peter what are your thoughts on K-Bro Linen?
Read Answer Asked by david on March 07, 2013
Q: Do you have any comments on the financial reports of LIQ? 2 million seems rather high for a CEO.
Read Answer Asked by Donald on March 06, 2013
Q: CPX announced a new rate-reset preferred today. My question is, for the fixed income side of a portfolio, do you a) consider prefs an equal alternative to bonds and b) in this case in particular, would you be better off going for the common that has a 5.8% yield today rather than rate re-set that currently has a 4.5% yield? Utilities are likely in the 7th inning right now- is either a solid long-term investment in a non-registered account? Thanks in advance.
Read Answer Asked by Warren on March 05, 2013
Q: Hello 5i Team, Re: ENF.T,
I am a income investor looking at purchasing ENF for a long hold, realizing that growth expectations may not be much ,
...but hoping it would stay in the black for the long run.
Peter your Previous reply (Jan 22/13) you made reference about ENF having unfavourable reports towards it, 2 buys and 10 holds.
I’m a member of 5i for many reasons, one being that I have little faith in analysts predicting targets and even less faith in financial advisors.
Could you please elaborate as to why they gave the poor reports ? We all know the damning influence they do have with negative reports?
Also, please confirm any new outlook for ENF ? Your input is greatly appreciated and your service is cherished.
Read Answer Asked by Dennis on March 05, 2013
Q: Hello, I just want to provide some further excellent information regarding ATP from Seeking Alpha web site here: http://seekingalpha.com/article/1243561-atlantic-power-a-tale-of-misinformation

Happy investing!
Read Answer Asked by Christopher on March 04, 2013
Q: Hi, Peter.
I currently own Enbridge (ENB.TO) which has a curent P/E of approximately 44 and a yield just under 3%. The P/E, although lower on forward earnings, appears to hardly qualify as a defensive stock in price. I am considering selling ENB and buying Enbridge Income Fund (ENF.TO) which shows a P/E of 17 and a yield of 5.3%. However, I noticed that GlobeInvest rates ENB 4 stars abd ENF 3 stars for safety. I assume this difference is because ENB is more oil related and ENF transports more natural gas.
How would you evaluate the swapping of ENB for ENF?
Thanks, Ed
Read Answer Asked by Ed on March 03, 2013
Q: I own two utility stocks Fortis(FTS) and Algonquin(AQN)and am considering selling one to purchase a more economicly sensitive , growthier name. They carry about the same capital gain so that is not a consideration. The stock I keep would be a long-term core holding which I could basically hold, monitor, collect the dividend and forget about. For this reason, I am leaning toward keeping the larger cap Fortis but would appreciate your thoughts and considerations. Thank-you.
Read Answer Asked by William on March 03, 2013
Q: Hello Peter. I purchased MITT and IVR mainly due to the high dividend and low mortgage interest rates in the US. I realize if rates go up these stocks mat suffer. Are these stocks overly exposed to interest rates and when do you think they may falter? Thanks
Read Answer Asked by Kevin on March 01, 2013