Investment Q&A

Q: Every now and then I do a complete review of my portfolio to determine what changes if any I should make. With so much dependent on political conditions and monetary policy, as well as my age , I find it challenging. I would like a second opinion.
I’m 83 years of age alert and physically fit and in good health. My wife is 73. Objective is to earn income to supplement a guaranteed income of $51000 travel and leave enough for my wife live comfortably. Retired teacher, had a 13 year second career as a financial advisor. Retired from that career 15 yrs.
Portfolio is valued at $600,000 , annual yield approximately $25,000.
Two RRIFS valued @ $46000
Two TFSAS valued @ $ 132000
Non registered valued @ 365,000
Cash $60,000
Holdings inRRIFS , AD,VGG,CPX,ENB,EIF
Holdings in TFSAS AQN,CPX,PNG,QSR,VGG,VET,ENB,ARX
Non registered
ARE, ALA,AD,ARX,CSH.UN,ECN.PR.A,ENB,EIF,PNG,PKI,PPL,QSR, ROXG,VET,BPY,LSPD

Combined portfolio % in each security
ARE-3.2%-,AD-3.5%, ALA-7%,ARX-4.2%,BPY-2.6%,CsH.UN-4.4%, ECN.PR.A-9.3%, ENB-8%, EIF-4.7%, PNG10%, LSPD-4.2%, PKI,4.9%,PPl-3.9%, QSR-3.2%, ROXG-2%,VET-4.7%,CPX-4.3%,AQN3.5%,VGG-5%,WMT-5%

I have some concerns about VET down a fair bit but looks a little better on a total return basis. PNG up over 40% on realized and unrealized returns. Now showing some earnings now will probably sell at $1.00. One of my gambles.ROXG probably not one of my better choices. I like to gamble a little bit.
Any thoughts you would like to share with me and your clients.
I’m a DIY investor.
Any changes you would suggest would be greatly appreciated.
Roy

Q: Mid 70s couple with our largest (8%) holding SLF. With current trend of lower interest rates would you advise to move on to better options or trim profits. We need to increase our dividends to balance our rrif withdrawals.
Please suggest better options for future total returns. Thanks

Q: Is there is a Canadian ETF which would cover Financial sector but inclusive not only Canadian companies but also inclusive of global financial sector? Or alternatively a global ETF covering financial sector trading on TSX ?

Q: 11:06 AM 10/19/2019

I am trying to compare PSA to TDB8150

My problem is I have already $100K in TDB8150 in my Cash acct and would like to put additional cash funds somewhere, ideally with CDIC protection. I have no more room in TFSA and RRIF accounts. So I am wondering if it is ok to just exceed the $100K amount in TDB8150 since PSA is not CDIC insured anyway. I am not interested in GICs or T-bills as these are not really liquid. Do you have any suggestions? The difference between TDB8150's 1.6% and PSA's 2.14% [or 1.74%?] seems trivial at this time when safety of principal is paramount.

I am very confused about PSA because Yahoo! gives the following data on PSA;
Net Assets 2.1B
Yield 2.16%
YTD Daily Total Return 1.74%
Beta (3Y Monthly) 0.00
Expense Ratio (net) 0.15%
Inception Date 2013-10-15

Does the yield vary from 2.16% ? I see on Aug 06 19 you said PSA has a "2.37% indicated yield", not the 2.16% mentioned in Yahoo. Why does Yahoo indicate a YTD Daily Total Return of "only" 1.74%. What yield do I actually get?

The price of PSA starts each month at $50.00 and rises in 9 or 10 steps a cent at a time during the month to end the month at $50.09 or $50.10 then drops back to $50.00 at the start of the next month. Are the earnings [interest] accumulated during the month and only paid out at month end? Is the payment in cash to one's brokerage account or are more units issued or the cash reinvested?

Thank you.......... Paul K

Q: Hello,
I have held SMAR and is underwater, would it make sense to switch to AYX or do you have a better suggestion. Between SMAR and AYX which company is less expensive and has better growth?
Thanks
Victor

Q: which do you like better for growth efn or ecn

Q: I am currently down 55% on WEED. I am wondering if I should sell and take my losses now, before tax loss selling, or leave it and ride it out for several years. There is no advantage to me to sell for a tax loss because this is in my TFSA. Thank you!

Q: Was listening to bnn today and the analyst made me relook at my dividend paying oil and gas stocks. How would you rank the four of them? And if you think there is a better choice, which one? Not including the majors though.

Q: I am looking to initiate a position in Shopify. May I please get your feedback / analysis on the stock and what you are expecting with regard to the upcoming 3rd quarter financial results on October 29th.

Thanks

Q: Any chances for this to reverse its downfall?
What is the insiders ownership and financial position?

Q: I have a question about 3092.

Hey Peter:
What is your viewpoint on VLE action in the last month. It was as high as 3.50 and is now below a $1. Is it worth buying more to lower the cost as they have no debt and some say $60M in cash. I saw it dropping due to the political issue with Turkey but they said that has no impact where they are located. Appreciate your viewpoint?

Q: Given the uncertainty surrounding Boeing - and given this company is one of DIA's largest holdings - would you advise replacing DIA with VTI or another broad-based US ETF? Thank you.

Q: Hello,

The family RESP is composed of 15% VGG and 15% XQQ with the balance spread roughly evenly over the remaining stocks listed above. I would appreciate your suggestion for an additional position. The oldest child is 8 years away from post secondary.

Thank-you.

Q: After reading your most recent comments on the TSGI/FLTR transaction, I checked with my broker about the possibility of selling FLTR after the transaction closes in Q3 2020. My broker doesn't handle anything but CDN and USA stock exchanges. You've suggested that selling TSGI nearer the closing date (a year from now) might carry increased risk of share decline. That said, should I sell my $10k investment fairly soon, or sit and wait a while? Thanks.

Q: The issue of mutual funds holding negative yielding global gov't bonds is an interesting one as the size of negative yielding bonds keeps rising. The lack of cash flow to finance management fees, and pressures on portfolio managers to play the yield curve to list a couple of examples sounds very tricky. Have you explored the subject in your shop?

Q: Would you support a 15% allocation split equally between BAM, BIP and BEP? Or is the risk here simply too concentrated? Thank you.

Q: Hi group presently I have a $51,000 capital gain against BYD.un also I have a combined $14,,000 loss in WEF and TSGI. These stocks are all in a cash margin account. My dilemma is WEF quarterly results will be reported first week in Nov should I wait before tax loss selling this sock or do it now? additionally with the stars group being sold what I should I do to lock in the tax loss? Thanks

Q: Concerning the 4 stocks that I own above - are they all cut from the same mold? It seems these and others in the same category are all down between 20 and 30% in the last 3 months according to the information Globe Investor supplies me. Is this the cause of investors panicking or is it something else? I watch BNN all the time and have heard things such as the S&P will be down another 10% within the next 6 months. Thank you. Dennis

Q: Can you suggest any companies in the energy sector that have a (very) solid balance sheet, are paying a dividend, and are growing or keeping their production constant ? I'm seeing lots of high dividends (Surge, Whitecap), but both of those still carry a fair amount of debt.

Q: Hi. Given the current market and economic situation, what is your opinion of ZWC as part of an income portfolio for the next 12 months. I had thought of using both ZWC and XDV to generate some income. Thanks