I am 65 and want to invest my TFSA money into 3 equity ETFs, one for US, one for Int’l and one for emerging markets. I am prudent investor that prefer companies with some growth but decent valuation, strong balance sheets and stable business. Nothing too aggressive. Could you please suggest ETFs for TFSA that suit my needs and are traded in C$ and hedged? Thanks.
I heard a term this morning, "accidental high yielders" which was used to describe companies whose stock price had come down so much that their yield (presumed very safe) was "accidentally" high. The example was British Petroleum who apparently yields 6%.
Gluskin Sheff now yields a whopping 9% which doesn't even include their special dividends. You've said before that they have a good cash position, and that their dividend is safely covered, thus I might argue they are an "accidental high yielder".
Do any others come to your mind that might yield 5%+ after the recent sell off and have very good balance sheets and cash flows?
Q: I hate the Canadian oil sector but for some reason I feel obligated to have a small representation. As such I have a 1.3% position in WCP. Thinking of changing that to Parex Resources at the same weighting. Comparisons and advice please ?
Thanks Garth
Q: Hi Ryan im perplexed as to why 5l endorse this stock .it is on a steady decline and the most recent quarter highlit is what they are selling .
What reasons could you give to hold onto this stock?
Kind regards
Stan
What are your thoughts of stepping in to XDIV at these prices? I am aware of the financial and energy exposure but the holdings in the fund have been pretty beaten down already and have historically been solid dividend payers.
Q: wow did it deserve a kick like that.I was making money now down almost50% should i buy more wait for rebound in 9 months.Small value of 3% of portfolio
Q: Received today a Management Information Circular and Notice of Special Meeting of Securityholders whereby Maxar is "proposing" U.S. domestication. In other words, security holders of Maxar Canada would need to surrender their shares against a new entity in the U.S. (with all its future tax implications).
In your opinion, how would this affect the performance of the stock in the coming months? Under which parameters we would need to think to sell (or buy more) giving this US domestication?
Many thanks.