Investment Q&A

Q: I hold both of these and I realize it's difficult to compare an ETF to a single stock I was thinking of selling one and putting it in the other. My thought process was once the war is over the Ukraine will need a lot of help in therefore the ETF. Considering my age being 73 what would you suggest
.

Q: Somewhat unexpectedly, I will need to raise about $200,000 in the next few months. I'm trying to think through my options and would like your perspective. I can think of three approaches, perhaps there are more. I'm near retirement but employment is secure and there is no compelling reason to retire. I own a home in Toronto that has a small remaining mortgage (less than 10% of market value). No other debts.
1. sell stocks in a non-reg account to raise the funds. Assume a mix of stocks in the red and in the black so there would be little net tax consequence. Plan to replenish the account over 5 or 6 years.
2. borrow the funds and plan to pay off the loan over the same 5 or 6 years.
3. sell stocks as in #1, but then also borrow the same amount to replenish the sold stocks over a shorter period of time, say 6 to 12 months through calendar 2023, legging in to dollar cost average. Pay off the borrowed funds over 5 or 6 years. Interest expense on the borrowed funds in this case would be tax deductible.
Part of the decision relates to expected interest rates over the timeframe and the shape of the (expected) recovery. If we assume 4 to 6% average interest rate over the life of the loan but a more significant bounce in equity markets, then option 3 makes sense. But I am not sure I've considered everything, including risk.
If you think option 3 makes sense, could you suggest 5 - 10 lower-risk stocks (dividend growth / growth) with the noted timeframe in mind. Many thanks and take as many credits as needed.

Q: I note in a recent reply, you suggested the anticipated growth rate in 2023 for AQN was 19%, while BIPC was -12%. This being the case, would you suggest I sell BIPC (with a small capital loss) and purchase AQN?

Q: Hello,
Which of the Brookfield companies quality for the dividend tax credit?
Also, which Canadian dividend ETF’s also quality for the dividend tax credit you would recommend?
Thanks for your great service.

Q: I am trying build a list of buy and forget core stocks for each sector. I hold the following utilities in various accounts: FTS, BIPC, BEPC, AQN, NEE, BLX, NPI. Can you please rank these for safety and also for growth. I hold BLX in a corp account because it has the lowest yield - do you see BLX as a long term buy and forget stock? Thanks.

Q: Hi Peter

In the latest update to the income portfolio, the entire position in TCL has been sold to invest the capital in other quality names.

Is it possible to let us know some of the names you have in mind for deploying this capital?

Q: What is the main difference between the dividend of BIPC and BIP.UN? Is it that the BIPC dividend is an eligible dividend, therefore qualifies for the dividend tax credit, and the dividend from BIP.UN comes to the unitholder as regular income?

Q: I own a mixture of these in both my RIF and non registered accounts and wish to consolidate them so as to only own one of each. Capital gains and tax need not to be considered. Which version of these 2 companies would you have in each of my two accounts ? Thanks.
Derek

Q: Hi Folks,
I currently hold FTS and AQN in my non registered account. I would like to add one more utility company, I am looking at BIPC and BEPC - which one would you recommend at this time. Appreciate your comments.
Thanks

Q: Why is the combo of BIP.UN (down 36.8% YTD) and BIPC (down 6.3% YTD) performed so poorly in 2022 so far? Thanks.

Q: Would you switch from FTS to BIPC to take a tax loss and keep BIPC instead?

Thx

Yves

Q: Since the split this stock has been on a steady decline. I am seriously thinking of pulling the trigger to realize the current gain.
Your opinion please, before I perhaps regret my decision.
Thanks

Q: Any explanation for the sudden drop in BIPC from $88 to $57?

Q: Hi Peter,

How would you rank the following five Brookfield companies (BIP.UN, BIPC, BAM.A., BEP.UN, and BBU.UN) over a long-term hold with respect to risk-return? Which of the five securities has the highest risk and which one do you perceive has the lowest risk?

Your comments are much appreciated.

Q: The difference between these two is fairly wide. I am under the impression the gap should have closed over time but it remains fairly high. I have a small number of shares of BIPC and a larger number of BIP.UN. Thinking of selling BIP.UN and buying BIPC with the proceeds, both have some gains. Both in a Cash account. Thoughts?
Thank you.

Q: Why are the price and yield different btw bipc.ca and bip.un:ca? Which one will be better for RRIF and TFSA account? Thanks

Alec

Q: 5I
Of all Brookfield stocks which ones need to be
reported in 1135?

Bam.a Bamr Bip.un Bipc Bep.un Bepc Bbu.un Bbuc Bpy.pra

thanks ralph

Q: What are your opinions on BIPC and BIP.UN?

I hold these in registered accounts and now they account for ~9% of my total portfolio and when I consider the fact I hold BAM.A these Brookefield names would represent ~12 % of my portfolio. As a result I am tempted to trim BIPC or BIP.UN.

If I were to trim do you have any preference/recommendation to trim one over the other or both equally?

Q: Hello 5i,

In our registered accounts we have BEP.UN, BEPC, FTS, AQN, BAM.A, BIPC, WSP. All of these stocks performed very well for 2+ years thanks to 5i. We trimmed each of the stocks to 1%-2% positions between August and October when prices were elevated with the intention of repurchasing if they dropped. With rising interest rates and inflation now it may not make sense to repurchase. Would it be viable to:
Retain one of FTS (2% position) or BEP.UN (2%) or sell both?
Sell AQN, BIPC,
Retain BAM.A and WSP, and increase each to 3% or 4% with the proceeds from the sale of the other stocks?
or Any other suggestions?

Thank you

Debbie and Jerry

Q: Is the transfer of shares from Interpipeline to BIPC shares considered a capital gain taxable event ? Shares are held in a non registered account.
Thanks ,Philip