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?
Q: I have been tracking the iron ore price since July 2021 when it was $213 and LIF share price was $49.61. Iron Ore hit a low in December below $95 and has since been steadily tracking higher (above $150 for a couple of days in Feb) and was $146 yesterday. On Feb 23 Rio Tinto reported record financial results and declared a dividend of $10.40 (79% payout). LIF will receive a significant dividend and royalty from Rio Tinto and they usually pass this through to shareholders. LIF shares closed at $48.61 today the highest they have traded at since July 2021. Your thoughts on the amount of the dividend LIF will pay out to shareholders and the future of iron ore prices. Thank you
I have two questions. Please charge me accordingly. Both have to do with ramifications from increasing cost of OIL.
1. Do you think the ever increasing price of gasoline is going to push more people towards EV and if so, what would be your recommended play to take advantage of this?
2. Commodities especially those coming from mining, and especially those used in the EV industry, appear to be on the rise. What recommendations would you make for us to take advantage of this trend? Right now I have RIO & DML on my radar.
Q: I have a full position in LIF in unregistered accounts. Having seen todays comments in CIA, which might you prefer for a long term hold? Should I be selling all LIF to buy CIA, or split holdings, or do nothing?
Thanks!
Paul K
Q: In a recent answer regarding LIF, you stated that "if commodity prices fall as expected". I must have missed the memo. My working presumption has been that in our growing economic environment, supported by government infrastructure spending, commodities were, if anything, likely to rise in the near to medium term. Can you please expand on this? Thank-you.
Q: With LIF being down significantly this year and the dividend up around 25%, does it make sense to start a position in LIF or do you see tailwinds moving forward for them ?
Q: LIF just raised its divi. By 20%. SO IT now has a 20% yield.! The market so far this a.m. does not like it. Should one be ready to sell perhaps after the payout on the 28th of SEPTEMBER.? This seems too good to be true.
Thanks as always
Q: Hi folks
Iron ore is plummeting. Im thinking of selling then getting back in when demand starts to pick up again. It is in a non registered account and part in my TFSA. Or do you feel this may be short lived and just hang in for the dividend?
Much thanks