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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: Just thought I would add to David's question on owning a REIT or a condo. The big difference in favour of owning a condo is your ROI. You can buy a 500k asset with only 20% down or 100k. Leaving you with a 400k mortgage. If your asset appreciates 10% over 5-7 yrs well now you have an asset worth 600k - 400K mortgage leaves you with 200k equity. This does not include the mortgage paydown by the tenants and expense write offs. You have just doubled your money. Then you can get a heloc and buy another property and repeat the process again. Try and do that with a REIT.
Read Answer Asked by pietro on May 14, 2015
Q: Hi,

RBC came out with a report last month on comparing CAR.UN/BEI.UN to renting a condo. Citing you would have done better over the long term with a REIT plus you do not have the hassle of dealing with tenants, possibly not being paid rent etc. What are your opinions with such a thought process of buying a REIT instead of a rental property? Is this a fair comparison?
Read Answer Asked by David on May 13, 2015
Q: Been on quite a downward spiral the last month,could you comment on results ?
Read Answer Asked by terrance on May 13, 2015
Q: Please comment on the price decline of csh.un. Are you aware of any negative company news?

Thanks for your input. Rossana.

Read Answer Asked by Rossana on May 13, 2015
Q: If you were me and owned a small position (0.5% of my portfolio) in Penny Mac would you sell? The recent earnings and stock performance has been awful.
Read Answer Asked by Andrew on May 11, 2015
Q: Good morning 5I team,
Since REITs are included in the Financial Sector, I'm guessing there is no reason to have to hold any, as long as I have a good sector percentage. Is that correct? It seems that many people hold them primarily for income. Since I have about 8 years to retirement, and a decent pension at that time, I tend to focus on growth.
Thanks for everything!
Read Answer Asked by Brenda on May 11, 2015
Q: Hi,
HR.un and REI.un have been great over the years, however, several of my Reits did not make the Reits list(question May 9). I hold about 1,000 shares of AAR.un, AX.un, DIR.un, MR.un, MRG.un, NWH.un, SMU.un, and SOT.un. Are there any in my list that you would be concerned with for the long term? As a retired, income seeker my Reit holdings have always been high and currently represents 14% of my portfolio.
Read Answer Asked by Bruce on May 10, 2015
Q: Hi Peter,

I would like to ask what are the best reit to invest in? thanks a lot.
Read Answer Asked by Rosabella on May 09, 2015
Q: Since closing over $33. in Feb, BPY has dropped to under $28. Is there a fundamental or performance problem, 1st Quarter results released Apr 30, or is it just money moving back into Energy and leaving companies like BPY.UN
I have had this company or its predecessor, BPO, for 4-5 years with a 120% gain, plus dividend. What's your view on this company longer term.
Read Answer Asked by Bruce on May 07, 2015
Q: Good afternoon:
I thought KMP posted very decent results, but I see the stock is down today. May I have your thoughts upon the company as a prospective investment? Would you prefer it or NPR?
Thank you.
Read Answer Asked by Peter on May 07, 2015
Q: What are your thoughts on TPH and MRC. MRC has taken a 10% position for "investment purposes". Take over ahead, worth taking a position in TPH, good yield in the mean time? Would this be a good opportunistic transaction for MRC?
Read Answer Asked by Husseinali on May 07, 2015
Q: Latest news is that Temple Hotels TPH is being acquired by MRT.
Your previous assessment of TPH was not very rosy. What will this do to MRT stock price - would you buy? About where on you list of favourite REITs would you place MRT ? Many Thanks for all your good work.
Read Answer Asked by Lionel on May 07, 2015
Q: REITs have dropped significantly in the past few days even though rate rises do not appear imminent. Is this because the ten year US treasuries are now 2.20% and possibly rising as investors sell to transition into equities? The drop doesn't make sense otherwise and REIT yields are very attractive.
Would you provide three non-REIT names for income and safety?
Thank you.
Read Answer Asked by Steven on May 06, 2015
Q: Hi,
I'm looking for additional REIT exposure. I currently hold HR.un and was considering adding Calloway in light of the recent acquisition. Would you view Calloway as a good acquisition, or could you list your 2-3 preferred REIT names
Thank you
Read Answer Asked by Bryan on May 06, 2015
Q: You mentioned this is not your favourite stock in the space. Just wondering what is? Thanks.
Read Answer Asked by Ann on May 04, 2015
Q: Hi Peter and team

I have 2000 shares of this company that I have held for several years. On may RBC account I am showing a 15% gain on these entirely because the distributions have been return of capital (ROC). Currently it is yielding 9 % . What are your views on the controversial merger transaction and the future prospects of the REIT.
Read Answer Asked by Ross on May 04, 2015