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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: Retired, dividend-income investor. I own a full position in NNRG in my TFSA account.

I am looking to add an energy income ETF in my wife's Cash account. Because I am a huge Eric fan, I had naturally gravitated to NRGI, not even thinking there might be other alternatives to his income ETF. The question earlier today related to ENCC woke me up.

Could you please list some Energy Income ETFs that you think I should consider. I will then do some of my own research on each of your candidates. Is there one that stands out as head-and-shoulders above the rest?

NRGI is roughly 85% USA stocks. whereas ENCC appears to be very heavy (90%) to Canadian. Does this factor into the equation, related to income taxes and which type of account it should be placed in?

When overlaying ENCC and NRGI on your 6 month charts, they look virtually identical. ENCC has a 10% yield vs NRGI at 7%, although I suspect there will be special dividends in addition.

Your thoughts...thanks...Steve
Read Answer Asked by Stephen on September 28, 2022
Q: Can you recommend some fixed income products? Either directly purchasable bonds, GICs, or funds that look set to benefit from current rates and expected future hikes.
Read Answer Asked by Jeff on September 28, 2022
Q: I want to crystalize tax losses in my non-reg account. Can you please suggest good proxies for IYT, VTV, VEA, and IWO? Thanks.
Read Answer Asked by Michael on September 28, 2022
Q: If the strategy to be pursued is to invest Canadian cash for 3 years believing in a stronger Cdn dollar against the US dollar and that let's say Cdn equities and US equities will strengthen equally, is it better to buy a Cdn dollar ETF that holds US equities or one that holds Canadian equities?
Read Answer Asked by Ken on September 28, 2022
Q: I am looking for a CAD hedged version of vanguard's mega cap etf MGC-A. Is there one?
which CAD hedged ETFs would you recommend for the russell 2000 and nasdaq- XSU nad ZQQ?
Read Answer Asked by Mary on September 28, 2022
Q: Hello Team ..I have US and CA$ in my income oriented RIF. I would like to buy either PID:CA ( using CA$) or VYMI ..given their depreciated value (and high US$ ).Both have great dividends but the macro is awful and holding me back which makes me think it is exactly the right time to start easing in. I would appreciate your thoughts...best regards. gary
Read Answer Asked by Gary on September 27, 2022
Q: Hi
I am holding about 50 % cash

Does it make sense to just hold it for a while or put it into USA treasuries. And if so what would be the best choice? Stocks like ztl zvi or zmu or something else

Currently I hold no bonds … mostly dividend stocks like bce- enb- dvn - financials - reits.


Thanks
Read Answer Asked by Donald on September 26, 2022
Q: I believe you have suggested PSA as a means of accessing higher interest on cash and maintaining liquidity and avoiding risk. Is there an ETF that fits this bill for US dollars that you would recommend that trades on NYSE or the TSX? Appreciated as always.
Read Answer Asked by Ken on September 26, 2022
Q: Some of the bank brokerages won't let you buy PSA. What brokerages will let you buy it?

I was told that MNY is a new ETF that apparently addresses some of the bank brokerages' concerns. What is your opinion of MNY and would you recommend it as well as PSA?

Thanks!
Read Answer Asked by Mary on September 26, 2022