Q: I am 80 and we need to booster our US Social Security to a livable income, but my wife, just 65, also needs growth to keep up with inflation. We are both Canadian/US citizens and US dividends can be hit by 20% as a result. In a rif, 2 tfsas and our joint portfolio, we have over $500G invested in about 30 Cdn stocks; 5 major banks, 4 pipelines, oil (HSE,CPG, BTE,CVE), REITS (rei,ax,cwt,d), power (aqn,bep,ema,fts) and tel (bce,t,mbt), plus some pot,tck,mg,enf,pwf, etc. I just sold a bond and now have about $140Gs to invest, so would like some advice. I'm intested in CSX in the US as I think we need to be in a railroad, but should I just add the rest of the money to our present stocks? I know this is a tough one but we need income and, at least, to keep up with inlation for my wife.
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