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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: POW has now fallen to a price giving a similar yield to ENB, around 8%. For a senior living on dividend income, which of the two has the safer dividend for a long term hold? You have tended to favour SLF in the insurance/financial space, so would you still recommend SLF over POW for dividend safety and growth, despite its lower yield? If you don't like any of these three stocks, what's your top Canadian pick for a senior looking for a decent safe yield, with some potential for long term growth?
Read Answer Asked by David on April 06, 2020
Q: My wife and I are seniors drawing from our RRIF's and we are 'buy and hold' type of investors and need income. Your recommendations to 'harvest' capital losses is something that we have not really done previously but this suggestion is resonating with us now. If we were to do this I think we would look for 'proxy' purchases for at least the 30 day waiting period before we could repurchase the same equities if we wished.
Could you suggest some appropriate 'proxy holdings' we should be aware of for the following equities?
1. The REITs HR.UN, BPY.UN......would ZRE be a good holder?
2. EXE
3. POW
4. FM
5. MTY
6. TFII
Please use my question credits as appropriate. With thanks
Read Answer Asked by Gary on April 02, 2020
Q: Gordon Pape suggesting selling marginal companies in this environment and claim the loss. Which of the above if any would you consider marginal?
Thanks
Jeff
Read Answer Asked by JEFF on March 24, 2020
Q: Hello 5i--I'm looking at these companies for the dividend yield. A bonus would be their recovery to previous highs. What would your ranking be for the three to achieve these goals? Thanks, Ron W
Read Answer Asked by RON on March 18, 2020
Q: seem to have a lot of questions about the safety of dividends and will they be cut.
I thought I would add another one to the fire and ask you power corp. and power financial became one company now and the management said it would raise dividend 10% in second quarter. do you see this being in jeopardy now with the market tanking day after day. do you also see banks possibly not raising dividends anymore this year [Canadian] until things get better hopefully.
Read Answer Asked by hans on March 17, 2020
Q: After the "blood in the streets" kind of day we have had today, March 12, was I "crazy" to add to my holdings of the aforementioned? Are their dividends as reliable as I perceive them to be? FYI, I am a year away from retirement at age 60 and value dividend income for a portion of my portfolio.
Read Answer Asked by David on March 16, 2020
Q: Hello 5i
This is a mixed bag inquiry. Looking for some perspectives on the above watch list. I m wanting to increase my overall US & tech sector exposure plus add to my CDN financials. All positions have yield income to weather the storm for the next few quarters
I m considering half positions (2%) in each.

Read Answer Asked by Brant on March 13, 2020
Q: Good Morning
The TSX has dropped about 30% from its peak but POW has dropped 39%. I will greatly appreciate it if you could provide some insight as to why POW has dropped so much compare to the TSX. Are there any specific issues related to this company?
I am inclined to start gradually buying at this level by buying every time there is a further drop from the $20.39 level.
Thank you
Read Answer Asked by Terry on March 13, 2020
Q: Could you provide me with a list of 5 or 6 companies that are buying back stock and that have good growth prospects. These could be in any sector and any exchange in Canada or the U.S. Thanks.

Rob
Read Answer Asked by Rob on February 06, 2020
Q: PWF's investment in fintec (wealthsimple) as weĺl as their dividend looks interesting for a 5 to 10 year hold. The reorganization with POW also looks to have potential to unlock value and increase dividends. Do you recommend investing a full position at this time and if so, in which company. Alternatively, is there a better investment in fintec?
Thankyou
Ian
Read Answer Asked by Ian on January 20, 2020
Q: I use the BTSX system in two of my portfolios. Its soon time to adjust for the new year. I have held PWF for a number of years due to its higher yield over POW.
I understand PWF will be merging with POW-any idea when?
Will that mean no more PWF? Will all shares be now be POW at the lower yield?
Will there be a premium for PWF shares?
Would you suggest a switch if there are still going to be two companies? Why?
Thanks
Jeff

Read Answer Asked by JEFF on December 30, 2019