Investment Q&A

Q: Just a comment on your advice to Francesco.....if he is looking to deploy the US dollars from his recent trade and is interested in ENB, he would be best to purchase the ENB shares on the US side with the US dollars he has, then transfer the shares to the CND side. This way he avoids all fx charges on the dividend as well as on the trade.
Cheers
Scott

Q: As with many of your members, im considering some portfolio adjustments and deployment of TFSA contributions to start the year.

What names in Canada and the US are you most excited about in 2022/2023 that you view as meriting consideration?

Q: Would like to increase my weighting in resources. I have PKI,ENB,PPL equal weighting at around 3% each. Would like to sell one of them then acquire 2 producers large/small cap with yield with equal weighting at 3%. Could you rank the one to sell and suggestion some producers ?

Q: Hi Peter, Ryan, and 5i Team,

Do you have a recent opinion of HUC? I'm thinking of it as a way to use dividends from our other holdings to periodically buy shares, as we can buy and sell HUC at no cost with iTrade. Being underweight in the energy sector, holding only ENB and PKI, I'm thinking that it's a good way to "dip our toes" into this commodity ETF. I do understand that HUC can be volatile, and has relatively high fees, but as a managed ETF, its MER doesn't seem to me to be excessive.

Your thoughts please, and thanks in advance.

Q: What are your current top 5 Canadian dividend stock picks? Looking to add to my TFSA holdings.

Thanks,,

Joe

Q: Hi,

I need a good dividend energy stock, with some growth, and limited volatility, for the next couple years? Can you give me 2 of your favourite CDN and 2 US picks?

Q: Both high yielders, want to buy Suncor thinking it should have better stock appreciation than Enbridge would you agree? are you bullish on energy sector,Thanks Happy Hollidays everyone

Q: I own shares in these 3 pipelines but have no exposure to green energy I am seeking modest capital gains coupled with a yield of 3 percent plus. would it make sense to sell one of the pipes and reinvest the proceeds into BEPC? thanks Richard.

Q: I have Fiera in my RRIF and while it pays a great dividend it has not grown. Enbridge on the other hand has also a good dividend and has grown. I currently own 3 banks and Pembina pipeline. How would you compare from a risk perspective and would consider this a good alternative. Other recommendations would be appreciated. I am a dividend moderate growth retired investor.

Wayne

Q: With proceeds from a recently matured GIC that paid 3% I am thinking about buying 5 Canadian dividend stocks with a current yield focus and that as a mini portfolio gives me the best chance to get my capital back in 5ish years. In effect creating my own market linked GIC that I get income from, not my bank for guaranteeing the capital on a specific day 5 years hence

Categories and top contenders in each to buy today are;

Bank - BNS
Lifeco - SLF
Utility - FTS
Telco - T
Pipeline - ENB

What do you think of the strategy? What would be your top choices today in each category?

Q: Hi,

Merry Christmas / Happy Holidays to everyone there. Thank you for all the great advice over the years.

Between BCE and ENB which would you prefer for a 5+ year time horizon?

thanks,
Brad

Q: I am putting together a list of stocks to purchase in my TFSA for a 10 year hold. I am a very conservative investor and want income and some growth from my TFSA.
What companies would you add or delete from this list? Should I include a few US names?

Thank you.

Q: Hello 5i

Why has ENB lost 10% in the last month or so.

Thanks

Q: Hi Peter & 5i,
Wishing you and the staff a joyous holiday season!
Would you see any red flags in this portfolio for a conservative investor needing the dividends for cash flow. The portfolio would be 50% equities and 50% fixed income - 5 year laddered GIC's.
Here are the stocks and their proposed weightings:
Financial Royal Bank RY 5.7%
TD Bank TD 3.6%
Sun Life SLF 4.4%
Power Corp POW 4.0%
Utility Fortis FTS 5.7%
Brookfield Renewable BEPC 4.2%
Algonquin Power AQN 2.2%
Comm TELUS T 4.7%
Bell BCE 4.1%
Cons Staple Costco COST 4.3%
Loblaws L 4.0%
Cons Discr. Magna MG 3.8%
Restaurant Brands QSR 2.4%
Industrial CN Rail CNR 5.2%
Savaria SIS 3.6%
Energy Enbridge ENB 4.6%
Suncor SU 2.9%
Materials Nutrien NTR 4.3%
Real Estate BMO-Equal Weight ZRE 4.2%
Tech Thomson Reuters TRI 4.8%
Health Evolve Global Health LIFE 3.8%
ETF BMO-Low Volatility US ZLU 8.7%
iShares-US Equity-Hedge XSP 4.8%
Thanks so much for the fantastic service.

Q: Please rate in order picks for dividend income and growth

Q: Hi Peter, Ryan, and Team,

For my wife's 2022 TFSA contribution, and my contribution, and wishing to add to existing positions only, as well as noting that both sectors are low (according to Portfolio Analysis), would you be okay with adding the 6K to PBH for one account, and 6K to ENB for the other?

Thanks as always for your valued advice.

Q: I bought enb, in part of it's steady increase of dividend pay outs, how ever a talking head said that in the pass enb has been issuing debt to support the dividend, sounds like smoke and mirror, in the future they will need to cut back on the payouts, what are your thoughts, should I switch it to another pipeline. On another matter, I read your article in the globe, man I had to laugh, you have led an interesting career.

Thanks
Auftar

Q: Hello -
In a recent Q&A, your team mentioned that TRP is cheap. It currently has an approximate PE of 30X. Do you see the "E" increasing in the near future to make this ratio look more reasonable? Or from what metric do you see this stock as being inexpensive ?

I also see negative Free Cash flow for the last number of years. Is this concerning?

With growing demand for EV's going forward, how much of a negative impact will this have on ENB and TRP ? Is one slightly more vulnerable to the changeover from ICE to EV than the other?

Thanks.

Q: Good morning,
I own shares of ENB in my Non Reg account and I'm looking at selling ENB for some tax loss harvesting this year. Can you please provide me with your best idea in terms of a suitable proxy among other pipelines? Thank you.

Q: I own enb and presently have a 3000 dollar loss, what is the rule re selling for tax loss and how soon after selling can I purchase again. Also I have a substantial capital gain from the sale of real estate this year. Will I be able to use this tax loss against the capital gain?
Cheers, Doug