Investment Q&A

Q: Hello 5i,
I am sure you will get some further questions about this, so don't bother posting this if it is merely one of many.
BIP has announced the creation of a new entity that will trade separately and be in addition to the existing BIP entity. It sounds like, as an existing unitholder, I will receive 0.11 (I think) shares for every one BIP unit I hold and that this will be deemed to be a Special Distribution over and above the regular quarterly distribution. It seems I do not have to do anything, just wait to receive the shares.
So my questions are:
1. Do I have this right?
2. What might this do the the existing BIP.UN unit price?
3. Is this dilutive, accretive or neutral in terms of unit/share count?
4. Do the expressed aims or goals seem to be worth the effort and expense in creating this new entity?
5. From the (little) information available, would you think it would be best to:
a) keep the shares and leave well enough alone
b) add to the shares
c) sell them and either buy more BIP.UN or,
d) buy something else
And, finally,
6. They mention the new shares as being more tax-friendly - at least for U.S. purchasers. Can you shed any light on if these shares are better for Canadian investors to hold rather than BIP.UN units from a tax perspective?
I know there probably isn't a ton of information/detail out there yet, but thought I would ask anyway.
Thanks for any clarity you can bring to this!!!
Cheers,
Mike

Q: I just came across a news release from TMX announcing the top 30 TMX listed companies over the past three years. Your BE portfolio contains four of them: CSU, GC, CAE and BYD. Congrats!

https://www.tsx.com/news?id=716

Q: Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure” or “BIP”) (NYSE: BIP; TSX: BIP.UN) today announced the intention to create a Canadian corporation in order to provide investors with greater flexibility in how they access BIP’s globally diversified portfolio of high-quality infrastructure assets.

Foresee any negative consequence from this structure?

Q: Peter; Could comment on the BIP.UN announcement re the spin off of Canadian assets. It’s almost like a dividend - any tax involved here for a holder - liquidity - etc ? Thanks. Rod

Q: BIP.UN: announced to-day chg. in corp. structure with regard to capital ie. for every 9 units held one would get one share of new company. Have you had a chance to review this new structure? I own a fair number of units for quite a while; ergo, my question: should I sell or wait for conversion - is it a good deal?

Q: Could please comment on Brookfield's announcement to change to their corporate structure and what it might mean to retail investors. Does the announcement mention when this might happen and what the affect this might have on their dividend policy.
Thank you

Q: I have a large capital gain this year and am wondering if this is a good time to tax-offset that by disposing of some reset preferreds ( e.g TD.PF.K; BCE.PR.M; BP0.PR.N; BRF.PR.F) on which I have had considerable losses. Would a Preferred ETF (with an acknowledged lower yield at current prices) be more suitable for a retiree with a quite adequate pension?

Q: re: Kelly's question this morning - which 5 companies of the list have been journalled to a U.S. account?

Q: Your thoughts on MMC
Thanks again

Q: I have done quite well holding momentum/growth stocks in the Nasdaq. However, the recent sector rotation into value stocks has hurt my portfolio quite seriously, while the overall Nasdaq was up. To avoid sectoral risk, would I be wise to invest part of my portfolio in general index funds, such as the Nasdaq ZQQ?

Thank you,

Walter

Q: Hi could I get your top 3 Reit picks to be held in a cash account

Q: WCN seems to have broken their steady upward trend. Is the market telling us that there's something wrong or is it a buying opportunity. What is the outlook for WCN?

Q: Do you still like Guardant and is it a buy in your opinion at todays price of US$67 and change ?
John

Q: Good Afternoon,
Is there a suggested rule of thumb of when not to buy a mutual fund in a taxable account as we approach year end? I don't want to buy a large chunk of a mutual fund and then be hit with the year end distribution in mid to late December. If I buy it now I only get the benefit of a few months ownership but could be hit with a full year distribution. I'm just wondering once we hit this time of year and beyond is it best to hold off until the New Year?
thank-you

Q: Have recently disposed of BTB reit. Which of these 2 securities would you prefer or any other suggestions. Tax is no consideration as held in my RRSP.
Richard

Q: TMD is down 1/3 today on the announcement to sell units, any idea what the impact of this will have going forward? Is this a market over/under reaction?

Q: I see CP has broken through technical support at $300. Can't find any news. Can you?

Thanks

Sheldon

Q: Hi Team,

Just wondering what you thought of BB's earnings ? Do you think the market reaction is overdone? I'm long the stock.

Thanks

Q: Hello 5i,

I currently hold these stocks in an unregistered account. I have journaled over the five companies into a US account for the dividend. I would like to add possibly two more companies that pay their dividend in US funds. I have the rest of the balanced fund and some growth in my TFSA. Any suggestions to add here, and if it results in duplication, what would you remove from the list. I am well balanced and would likely have to sell at least one current stock and could just add the other if you can give me two. Was looking at Nutrien or AQN. Didn’t pull the trigger on AQN last year at 12.5.

Thanks for the assist.

Q: Reading Tom's question on Sept 23rd and your response to read the cost of waiting versus lump sum investing article was quite informative. I try to follow your income portfolio and notice a double digit cash position for well over a year as I also have. I assume your reasons have to do with the frothy market and bear market mentality. As a retired couple living on dividends we are very tempted to not keep waiting for the BIG downfall and put our 12% cash in a reasonable safe etf with low volatility as outlined in the article. Your 5i bal may be too risky, but more like VCIP or XHD or please give us safer alternatives. Even XBB, CBD. would improve on loosing cash to inflation.
Thanks in advance.