Investment Q&A

Q: I know the first three in RRSP's and down on them, was considering sellimg them and getting Enbridge in place for it's dividend mostly, is it likey to not be affected negatively in the new furure, good time to step in, what are your thoughts.
Regards

Q: Based on Keystone XL decision, more crude will most likely be shipped by rail. US refineries need Canadian crude oil caused by shortfall from South America. Gibson plans to build facility to maximize crude content of rail shipments.
With footprint of tracks being different, who stands to benefit the most and why?

Q: What 2-3 stocks would you add to this portfolio for more diversification and some growth?

Thanks

Q: Any rationale why these solid dividend growers are unloved right now? They are all well off their highs and 3 of the 4 pay very good divs. Is it 'risk on' causing these to be ignored? I am tempted to add to all of them with the expectation that at some point in the next 2-3 years we will hit a 'risk off' market and these will recovery nicely

Q: I think you answered this kind of question before. If so, my apologies.
ENB (as an example) is a Canadian stock also trading on NYSE. If, in a taxable account, I journal the shares over to to the US$ side, will the dividend be taxed as interest income, or as US$ dividend (i.e. no dividend tax credit)?
Thank you
jerry mencl

Q: I have a held 4.7% position in Enbridge for 5yrs+, the average dividend yield over the period is 5.52% it will generate 5k in income for us this year. I would like to continue to hold all things being equal and the dividend not under serious risk. It would seem to me to keep the company strong they have to make a bigger push into renewable energy if this low carbon world is the future. Can you comment if you see Enbridge taking part this transition on the scale that's necessary and still keep the dividend reasonably secure.

Q: Like 5i, I have held Enbridge for quite sometime. Looking back to 2014, Enbridge has gone nowhere and depending on the purchased price, e.g. 5i's case, in the negative. As explained to Paul a week ago Dividend is great, still very safe, etc. Now with the latest weak quarter, all the political, environmental hoopla; could you explain the benefits, even in an income portfolio of why Enbridge should be retained.
Thank You, Stephen S

Q: My top holdings are:
GOOG 6.61%
AAPL 5.21%
AMZN 5.12%
NVDA 4.61%
V 4.23%
NPI 3.75%
WSP 3.58%
PBH 3.37%
XBB 3.21%
COST 3.1%
OHI 3.48 %
ENB 2.8%
JPM 2.72%

They make up 50% of my portfolio. I have 12% in cash. Would you add or reduce any of these positions? Long investment horizon(17 years). I’m over weight consumer cyclicals and FS (3% BMO and 3% BNS). Light industrials @7%.

Q: Given the sub optimal financial results for the quarter, do you still think the dividend is safe? The financial community has a 12 month forecast of $50+ for the stock. Do you think this was / still is a reasonable expectation?

Q: Thoughts on the quarter please?

Q: How would you rank the following, upside opportunity with total return(div and capital appreciation). Are there any you would avoid. Horizon is 2-3yrs.

Q: Hi,
I have two questions on my TFSA:
1) Bought ENB at around @49 back in 2018, going no where since then (other than dividends). Is it good time to trade for BEP? (ENB is currently my only stock on the fossil fuel/energy space).
2) If I buy BEP for TFSA, which one makes most sense, BEP as PEPC? US vs. Canada-listed?
Thank you for your guidance as always.
Martin

Q: I have to change some C$ to US$. I have two options one is to buy US $ outright or move some of my ENB to the US non registered account and sell to get the US $ i need. It looks like I could save a couple of % points by doing that. I was going to sell some ENB anyways as I'm a little overweight on it. Do this sound like a good way to raise the US $ I need?

Q: Do you still consider Enbridge as a long term hold?

Thanks
Paul

Q: ENB and TRP comprise 100% of my energy exposure and about 4% of my portfolio. I am looking to reduce my exposure to ENB but find it hard to sell a stock that seems quite undervalued. Part of my concern is that I will be selling at the same time as all the ESG sensitive fund managers and sovereign wealth funds who are reducing holdings in anything related to “fossil fuels”. So a part of me says “be patient” because ENB could easily hit $50 by the end of the year when more of the pandemic is in the rear view mirror. Would you sell now or wait?

With the proceeds, I am looking to buy something with more growth, perhaps REAL which seems value priced right now, or SYZ which pays a decent dividend. Which of these two would give a better total return over the next ten years compared to ENB? Or would you even say “ignore the noise and stick with ENB because it’s a stronger blue chip company longer term”?

Q: John O'Connell commented at the money show that ENB is a ponzi scheme based on its overpaying dividends and then having to go to the market to raise the necessary capital to complete their capex plans. Sounds a little harsh. Comment?

Q: With the blowout quarter of cia, should this stock not be a knockout buy considering the estimated price upgrade for iron ore and there mine expansion in Quebec. Your thoughts on enb reaching the $50.00 area in the coming year?

Q: I have these 2 stocks in my RRSP, each just over 2% weight. I have long standing disappointment with ENB (I am down about 15%). The dividend is impressive but no tax credit with it being in the registered account. I am thinking of selling it and adding to the ABBV. I am well diversified through the rest of my portfolio and am not concerned with reducing by a position. So, questions to you: which of these 2 has better long term potential for overall return? Any concern with going to 4.25 % weight in ABBV? Many thanks for your excellent service.

Q: What do you make of the news that regulators OK ed enb line 5 permits ?

Q: Hello
Today CBC announced that the Governor of Michigan will try to shut down Enbridge's pipeline. If she is successful, what will be the impact on Enbridge's earnings?
Thanks