Q: REF.UN went up by $1.40 or 3.03% today. It's certainly been one of my better holdings, and I'm wondering if there are reasons for such a large one-dsy rise.
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Investment Q&A
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Q: REF.UN I have held this stock in my rrsp for several years now, so long that I forget why I thought it was such a good buy at the time. The stock has paid me handsomely and I am thinking of adding to my position but it already represents 8% of my rrsp portfolio. What is your opinion? I am most concerned about long term dividend safety as I am retired and need my rrsp to generate income for me. In light of the fact that its 8% of my portfolio maybe diversification would be a better idea? Thanks for your input.