Investment Q&A

Q: A lot of market commentators are observing that there is potentially a correction ahead. Ordinarily I would follow your long standing thought to not try to time the market and I would simply stay the course. But one income oriented account I am concerned with has a priority of capital preservation. These 7 named stocks make up about 1/2 of the holdings. Can you please provide your quick assessment whether they are reasonably safe in the event of a downturn. If not and they are more exposed to a decline, would trimming be sufficient or are there some other names to migrate to protect the account assets?

Many thanks for your excellent service

Q: Am considering taking a position in one of these companies that I believe are in similar type businesses. How would you rank them and why? And would you be a buyer now or prefer to wait based on recent earnings and current stock momentum?

Q: Could you comment on a bit downturn and on results

Q: I'M in my retirement years and have accumulated about 28% in Financial sector, which is over what your Portfolio Analysis suggested (12%). Could u give me a ranking of 1 (least prefer) to 5 (most prefer) in terms of Price Growth and Dividend growth Take as many credits as you see fit. Thank you

Q: Hi 5i
POW has been on an uptrend lately. Any news or upcoming event that could be driving this.
When are earnings and are they expected to meet?
Are they expected to increase dividend soon?

thx

Q: Your thoughts on DRI Healthcare Trust please. I am reading outperform ratings in the Globe and Mail. It is a comfort to have 5i to ask questions - thank you. Barbara

Q: Hi 5i
I have done well with all 3 of these but I am concerned that lower interest rates will cause them to pull back. Would you agree? According to G&M site, there isn't a lot more upside with avg. target prices about $31 MFC, $41 POW, AND $74 SLF. All 3 are close to 70 RSI which I use as a warning sign. I would appreciate your thoughts and if I were to sell one, which would you suggest? Now that MFC has finally gone above $28, do you think $30 will be an exit price for a lot of investors who are tired of the $24-$28 trading range?
Thanks, Greg

Q: Hello 5i, Could you comment on if POW has a position in ATD and if so what is the size of the position. Also is ATD active in Europe?

Q: Hi 5i,
I'm hoping you can give me some advice respecting my grandson's RESP.
I've just drawn out $6300 for his winter semester, and accessed that cash by selling the last of the BCE i had held in the RESP.
The next draw out will be in September, for the same amount ($6300) and there is presently $4300 in cash in the account.
The present holdings are ENB, CM and POW in roughly equal proportions. Between now and September the dividend payments will yield enough cash - when added to the cash presently in the account - to cover the $6300 I'll need to draw out in September, so if I do nothing the cash needed for my grandson's fall semester will be sitting in the account when that time rolls around.
However, I don't like letting the $4300 presently sitting in cash in the RESP just languish there until that cash is needed in September and would like to put it to work until I need the cash in approximately 9 months' time.
Based on the above, can you offer your suggestions about what best to do with that relatively small amount of cash for 9 months? Put it into any or all of ENB, CM and POW to take out when necessary? Or is there something else you might recommend?
Thank you 5i!
Peter

Q: Hi 5i
I saw your comment on the MFC/Global Atlantic deal. MFC has hit $28 and I had decided to re-evaluate it at this price. It seems to trade between 24-28 so I'm tempted to take the profit. But if they are buying back shares (I think I read 2.8% of float starting next year), and the market seems to like this deal, can you see it crossing $30? Also have SLF and POW (with re-evaluate price at $40)
Thanks, Greg

Q: Good morning.

What are your thoughts on POW-A these days for an income play. I know there has been little growth in recent years, but at 6+% yield, and a ~7% 5-year dividend growth rate, it does look compelling to me.

Any obvious risks that I might be missing?

Thanks

Q: We are dividend investors in our late 70’s. We derive most of our income from dividends. Recently we sold about 200,000. Worth of Enbridge and are looking to reinvest. We have short listed some companies above and would like your opinion on them. Also if you have any other suggestions we would welcome your ideas. We are looking for solid companies with a good dividend that also increase their dividends.

Q: Hi Peter and team:
Thank you for the advice you have offered all these time, giving us readers a sense of direction.
I'm a retiree and looking for a balance of income and growth, and currently holding the above in the financial sector and need to trim down as per the Portfolio tracking service suggest. Could u rank your preference from the Income and growth , from Most Prefer (5) to the least (1). Feel free to add names not in the list above.
Deduct as many points as you see fit. Thank you as always
Thank you

Q: What are your thoughts on their earnings. Is it buy, sell or hold

Thanks for the great service

Q: What is your opinion on the insurance providers currently and future outlook? I had owned MFC a couple of years ago for a number of years where the money was essentially dead money the entire time. I was lucky enough to get out with a small profit back then and now I am looking to re-enter this space.

In the past few years with the lower bond yields I think this played a huge part in the performance of these companies but now with the rapid rise in yields will these have a breakout going forward? Is SLF still your favorite? As always thanks, your opinion is always appreciated

Q: I have a bit of money to invest in dividend paying stocks for a long term hold . What do you think of the 5, I have listed or can you suggest anything better ? Thanks.

Q: Hello Peter & Team: I am trying to trim down my financial holdings as I am spreading too thin, I'm currently retired and would like income with growth potential with 3 -5 years holdings time frame . Which of the above is most prefer to least prefer, and why.
Thank you for your great service , as always.

Q: Which ONE of the 4 stocks above would you suggest purchasing for a combination of dividend and capital appreciation over the next 12 months?

Q: I think POW owns Wealhsimple. If true, what percentage of their business is it?
Also, Is this where the growth in the company lies?

Q: Is POW a good stock to buy now, and why?