Q: Comment on results?
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Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Enbridge Inc. (ENB)
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Labrador Iron Ore Royalty Corporation (LIF)
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Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
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Nutrien Ltd. (NTR)
Q: Follow up to my last question - thanks for the answer. Any comments on the sell sequence and timing for ENB, LIF, NTR and TCL.A. I have done pretty well with all of these except TCL.A which is a bit in the red.
Some of these are cyclical, and your guess on when to sell will be better than mine.
Thanks,
Jim
Question:
I have an unregistered account with about 12 CDN blue chip stocks. The purpose of the account is to generate dividend income for the next several decades, while providing slow and steady capital growth. I have taken the decision to exit ENB, LIF, NTR and TCL.A and to increase holdings in AQN, NPI, PMO205, XTR. I know timing will never be perfect, but just looking for some timing guidance due to current market conditions and cyclicality of some of these stocks. Trying to avoid horrible hindsight commentry: that was OBVIOUSLY a poor time to make that change....
Answer:
An easy solution of course is to add one of the four once a month and we would be fine with such a strategy. All four buy proposals will have some sensitivity to rates, and Canada has already indicated rate hikes will pause. The bond market expects rate CUTS in Canada later this year, so finishing purchases in June could end up well.
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Enbridge Inc. (ENB)
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Algonquin Power & Utilities Corp. (AQN)
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Northland Power Inc. (NPI)
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Labrador Iron Ore Royalty Corporation (LIF)
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Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
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iShares Diversified Monthly Income ETF (XTR)
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Nutrien Ltd. (NTR)
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PIMCO Monthly Income Fund (Canada) Series F (PMO205)
Q: I have an unregistered account with about 12 CDN blue chip stocks. The purpose of the account is to generate dividend income for the next several decades, while providing slow and steady capital growth.
I have taken the decision to exit ENB, LIF, NTR and TCL.A and to increase holdings in AQN, NPI, PMO205, XTR.
I know timing will never be perfect, but just looking for some timing guidance due to current market conditions and cyclicality of some of these stocks.
Trying to avoid horrible hindsight commentry: that was OBVIOUSLY a poor time to make that change....
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Labrador Iron Ore Royalty Corporation (LIF)
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Corby Spirit and Wine Limited Unlimited Voting Common Shares (CSW.A)
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Wajax Corporation (WJX)
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Dexterra Group Inc. (DXT)
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Middlefield Real Estate Dividend ETF (MREL)
Q: Hi 5i
I'm doing some portfolio clean up based on the assumption that the next 12 to 18 months are going to bring economic doldrums as the economy reacts to interest rate increases which, I think, take a while to filter down to where they effect corporate profits generally and, possibly, to where manufacturing and construction falls off enough to directly affect these names.
I'm thinking about selling DXT, CSW, WJX, LIF, and MREL (all at modest losses but in a registered account so no tax benefit) on the premise that they will not do so well over the next year and will take quite some time thereafter to recover such that there is a significant opportunity cost to holding them. (I was happy enough to hold them for their respective dividends/growth in the before times, but not so much now when growth seems unlikely.)
Could you give me your thoughts on my thesis in general and on how I've applied it to these names - is it sensible to sell them now at quite small losses given what is likely coming for them over the next year or so, when compared to what might be made of the money they are presently tying up if I handle it right.
Thanks!
Peter
Q: In adding to my cash account, which of LIF and RUS do you prefer and why?
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AT&T Inc. (T)
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Toronto-Dominion Bank (The) (TD)
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Canadian National Railway Company (CNR)
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BCE Inc. (BCE)
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Enbridge Inc. (ENB)
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Great-West Lifeco Inc. (GWO)
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Sun Life Financial Inc. (SLF)
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TELUS Corporation (T)
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Power Corporation of Canada Subordinate Voting Shares (POW)
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Fortis Inc. (FTS)
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Pembina Pipeline Corporation (PPL)
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Canadian Utilities Limited Class A Non-Voting Shares (CU)
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Algonquin Power & Utilities Corp. (AQN)
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Lundin Mining Corporation (LUN)
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Labrador Iron Ore Royalty Corporation (LIF)
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Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
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Magna International Inc. (MG)
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Acadian Timber Corp. (ADN)
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Dividend 15 Split Corp. Class A Shares (DFN)
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Life & Banc Split Corp. Class A Shares (LBS)
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Hyatt Hotels Corporation Class A (H)
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E Split Corp. Class A Shares (ENS)
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ReNew Energy Global plc (RNW)
Q: This is my selection of stocks for steady revenue (and secondarily potential growth) .Since a serious economic crisis is not excluded in my opinion ,I now plan to : 1) only keep Cies at low risk to become out of business and that should maintain dividends, based on their history and financial strength , and to : 2) sell the other stocks to buy ETF instead..
Wich stocks can be "relatively safely" kept at long term for this purpose ?
Q: Hi Folks,
Can I get your views on LIF, in particulat the medium and long-term outlook? Thanks.
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Labrador Iron Ore Royalty Corporation (LIF)
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Nutrien Ltd. (NTR)
Q: Good morning,
Thank you for all the pertinent insight.
My materials sector is currently light. Obviously the cyclical nature plays a role in that as well.
I am also looking for a current read on LIF.TO
Could you give me your current top picks. As well as a good entry price.
Please take the necessary credits.
Thank you very much.
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Athabasca Oil Corporation (ATH)
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Labrador Iron Ore Royalty Corporation (LIF)
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Open Text Corporation (OTEX)
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Dye & Durham Limited (DND)
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Topicus.com Inc. (TOI)
Q: These are my tax loss candidates. Please list the best ones to sell first and which ones would be the best buy back stocks.
Thanks as always
Albert
Q: How does the impending shutdown of baffin Island ore affect labrador iron ore?
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Q: Stelco ceo was on BNN recently stating that steel production was slowing and anticipates decreasing demand going forward.
Regarding LIF, is the sp depreciation due to current and future lack of demand or a general market type of thing.
Is this a good time to enter LIF and wait for the market to turn around.
Thank you
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Bank of Nova Scotia (The) (BNS)
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Enbridge Inc. (ENB)
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Sun Life Financial Inc. (SLF)
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SmartCentres Real Estate Investment Trust (SRU.UN)
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Stella-Jones Inc. (SJ)
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Labrador Iron Ore Royalty Corporation (LIF)
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North West Company Inc. (The) (NWC)
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Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
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Magna International Inc. (MG)
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Open Text Corporation (OTEX)
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goeasy Ltd. (GSY)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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Exchange Income Corporation (EIF)
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Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: Would like your suggestions of 7 value stocks that also have a history of increasing dividends for both a balance portfolio and an income portfolio ....primarily Canadian stocks or secondary US traded stocks.
and please take the number of credits necessary to complete this "task". ........thanks.....Tom
Q: Good afternoon,
Could you please offer a fresh look at LIF. I do not own but have been watching for some time and would appreciate your view on whether to won or not.
Thank you
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Sylogist Ltd. (SYZ)
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Restaurant Brands International Inc. (QSR)
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Algonquin Power & Utilities Corp. (AQN)
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Labrador Iron Ore Royalty Corporation (LIF)
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Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
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Leon's Furniture Limited (LNF)
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Exchange Income Corporation (EIF)
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BMO Equal Weight REITs Index ETF (ZRE)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I have an unregistered account which we use to generate long term dividend income. There are currently 9 holdings in the red, and 9 still in the black.
I am debating whether or not to sell some of the losers to capture capital losses. Then, in 30 days reasses - either repurchase same or redirect cash elsewhere.
In order of biggest to smallest loser, based on $:
LIF, SYZ, LNF, QSR, TCL.A, ZRE, AQN, BEPC, EIF
In general, I'm quite happy with the performance of this account in this declining market environment. Although the capital has declined a bit, the income stream has been quite stable.
Question 1: Please comment on the merit of this idea. Lose one or two dividend payments now for sure versus banking a loss for future tax benefit sometime. (retired, no earned income)
Question 2: Would you consider any of the 9 names above unsuitable for this account?
Question 3: Which of these 9 names are most likely to have further to fall?
Q: Down 16% on LIF and 12% on SLF. Would you recommend tax loss selling and - if yes - can you please suggest proxies and indicate if you would re-purchase either in 30 days. Thank you.
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Q: Hi Peter
LIF has fallen significantly from its peak. Is it a good buy at this level for income purposes ? Is it possible it may drop even further?
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Apple Inc. (AAPL)
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NVIDIA Corporation (NVDA)
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Labrador Iron Ore Royalty Corporation (LIF)
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Digital Turbine Inc. (APPS)
Q: Sadly, APPS is down 65% since I purchased it and now is a mere pittance of my TFSA (.65% of my entire portfolio). Should I hang on and hope for better things? Or sell and use the proceeds to top up an existing holding? If the latter, would you top up NVDA or APPL?
I am also down 25% on LIF, which I purchased primarily for its generous dividend. Can you please explain why the dividend fell so steeply last quarter? And looking into that crystal ball you keep on your desk, what would anticipate will happen to both the stock price and the dividend going forward? Thank you.
Q: Any information on the big drop in LIF yesterday? I didn't find any news on Yahoo Finance.
Thanks
Q: LIF has taken quite the hit the past two days. I'm thinking to sell my RUS and buy the dip. What do you think of the swap? If so, do you have any advice on timing? LIF shows ex dividend March 30. Would it be wise to wait until then and see how it settles?
Thanks
Q: Any comments on today's big drop? Thanks.
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