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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: The 7% CVD is being called early. It is in my RRIF and converts to 121 shares per thousand.

Do you suggest converting into the common shares which are now selling at $12.53 or would you sell the CVD for $151?

In other words, do you like TVK as a RRIF holding or do you think I could do better.
And if so what would you suggest with the proceeds?

Sheldon
Read Answer Asked by Sheldon on December 18, 2019
Q: Greetings,

I am getting close to retirement so starting to shift my portfolio to get a better balance of income and growth. Is now the time to start looking at preferred shares of companies that appear to be fully priced. For example, BAM. A appears expensive but the preferreds esp the perpetuals, BAM.PR.N appear cheap on a relative basis. I already own BAM.A but wanting to keep for the growth but want to add the Preferred to get more income. Does this seem reasonable given where the preferreds are currently trading.

thanks as always for your advise.
k
Read Answer Asked by kelly on December 16, 2019
Q: dear 5i
can you explain how you access preferblog.com ?
thank you
jacques
Read Answer Asked by jacques on December 11, 2019
Q: Good morning
I own CPD which has trended downwards in price over the last year and is now yielding 6.9%. I am considering selling CPD for tax losses and if so, what would be a more sensible strategy. Buy back into CPD after the appropriate delay or Buy something else like a blue chip equity. I know the legal difference between preferred and common but it seems that over an extended buy and hold, commons will prevail albeit with dips along the way. In reality how often are preferred rights called into play to the detriment of common with Canadian blue chips? To me, preferreds offer the worst of both worlds. At this point, my CPD shares are part of my fixed income side and a switch to equities will rebalance things, I know.
Read Answer Asked by alex on December 11, 2019
Q: Do you have a preference in the Brookfield prefered? I think there are about 12 listed. Please provide the best 2, based on risk and reward.
Read Answer Asked by Terry on December 11, 2019
Q: Hi 5i

I bought ZPR (9.60) a few years ago below $10, sold a year or so later for 11.70. With it sub 10 again I am looking to repeat. Do you think div will stay close to current amount? And am I correct that it has moved down in step with interest rates due to the rate resets? Will this lead to it moving up again when we are in a rising rate environment?

Thanks, Greg

Read Answer Asked by Greg on December 09, 2019
Q: Do you know of a site that lists preferred shares? If not could you recommend 5 to 10 preferred shares to purchase at this time. Thanks
Read Answer Asked by Paul on December 09, 2019
Q: Siyata (SIM) has been getting some good purchase orders and the shares were finally coming off a low base. Then they announced a $10 million convertible debenture with the convert price at 45 cents for the next two years. I thought with some solid PO's that they could get some bank financing or even facture financing. Instead they did a convertible debenture. What do you think of this move? If the convertible debenture is a good deal for the ones investing who can a small retail guy participate. Do you have to call the finance company that is doing the issue (PI financial, cannacord) and see ask to buy some? If so, do you have to be a client of those firms? I have kept up to date on this company and I like their future but I have to admit that I am disappointed that the stock price got slammed down again.
Read Answer Asked by Paul on December 06, 2019
Q: Goodmorning
I currently own this preferred share MFC.PR.M and have found further information on Manulifes website - https://www.manulife.com/en/media/manulife-announces-dividend-rates-class-1-shares-series-17-18.html
Would you suggest holding the current series or converting to the new series?
THKS
Marce
Read Answer Asked by Marcel on November 27, 2019