I currently hold a large position in Whitecap Resources (WCP), which pays a consistent monthly dividend. While I enjoy the steady income, the position has grown too large and is throwing my portfolio out of balance. I’m also increasingly concerned about the company-specific risk, especially being concentrated in the Oil & Gas sector.
I’m looking for a safer alternative that still provides monthly income — ideally a dividend-focused ETF with a yield reasonably comparable to Whitecap, but with better diversification and lower volatility.
Are there any dividend ETFs or other options you would recommend for reliable monthly income without being overly tied to one sector?
Q: I'm cleaning up my portfolio and would like your take if any of these can come back from the dead? they are all in a registered account so no tax loss available. these all are now less than 1 % of total portfolio would it make sense to add to any (STC, ILLM)?
Q: I’m curious if trumps copper tariffs will likely have a negative or even positive impact on ARG’s financials? The spot copper price seemed to spike higher… but tariffs? Appreciate your take. Thanks
I have held the Canadian Google Hedged Stock for about 3-4 years and it makes up about 5.8% of my portfolio. Would you suggest keeping it or switching to the US stock. This is a Canadian RRSP so I would have to pay 1-2% fee for the US stock.
Also wanted to know if the US dollar goes up over time will help my overall return?
Q: I have been trying to find a high yield bond fund for the last year, and was looking at zhy and xhy, and was shocked when I saw their 10 yr charts.
Can you explain why the dramatic share price decline from about June 2014, until about Sept. 2022.
Q: There was an article in the Globe and Mail today by David Rosenberg about the aging population and he suggested health care related investments such as health care REITS, pharma, devices, and services. What do you think of this idea and can you give me a few recommendations in canada and the US for each of the 4 categories (health reits, pharma, devices, sefrvices)? A mix of ETFS and individual stocks would be great.
Q: Have had XCD for years and done ok. I’m looking to trim/replace on theory consumer spending is not as robust and there are etfs in better sectors going forward. Can you name a few sectors and best etfs that will be better performers going forward.
Q: I'm seeking to buy 3 or four ETFs that would give me stable dividend distributions in the 4% range with the possibility of capital appreciation yearly at about 10%. I also seek global diversification and I would like to pay for my investments in Canadian dollars. I am interested in return on capital not return of capital. Please advise if you have ETF's that you can suggest.