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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: I hold VET and PXT as my exposure to energy in a non registered account. (I also hold ENB and PPL but consider them more utility). I am thinking of replacing VET with WCP for the following reasons: 1) I get a big tax loss but keep my energy exposure the same. 2) I do not lose much on the dividend and, although I think it unlikely for both, VET is more likely to cut than WCP nad 3) if oil finally recovers, WCP has more torque. Does this make sense?
Read Answer Asked by Don on August 06, 2019
Q: The last question I asked (below) was about a name in CAD.
The answers were about ETFs in USD.
Thank you for providing names in CAD.
Question:
Could you please suggest a Gold bullion ETF in CAD - Not a "paper ETF" but an actual physical like PHYS? Thank you.

Answer:

We would be fine with PHYS here. SGOL is another option, holding physical gold bars in Swiss vaults
Read Answer Asked by Genevieve on August 06, 2019
Q: Good morning...I am trying to find information on the dividend tax credit for individuals with no other income...it was explained that it was for all individuals ...my understanding that those individual that have no other income but dividends are treated if holding Canadian corporations...can you confirm or do you have a link for better understanding...Thanks
Read Answer Asked by Matthew on August 06, 2019
Q: how would you value in order of risk these six u.s. div. companies and would you invest funds in these companies in our economically uncertain times....thanks for great service...gene
Read Answer Asked by gene on August 06, 2019
Q: Hi 5i
I'm looking to increase both industrials and telecoms. Any suggestions (CDN and/or US) for me to consider at this time (including reason please)?

Thanks
Mike
Read Answer Asked by mike on August 06, 2019
Q: Gold went up on Friday about $25; yet there was no upward movement of the gold bullion etfs, gold royalty companies, and gold mines which usually follow suit. Do you have any suggestions as to this discrepancy? Thanks for your opinion!
Read Answer Asked by Pat on August 06, 2019
Q: I own the Canadian bank stocks listed above with BNS, RY and TD each having a 6% weighting and NA 3.5% and BMO about 2%. Overall my Canadian bank weighting is over 20% of my portfolio, mostly a result of inheriting my father's income portfolio. I want to trim my overall weighting, which bank(s) would you trim.
Read Answer Asked by Chris on August 06, 2019