Review of Topicus.com Inc.

Q: At this time, what are your top picks (5 CDN, 5 US) for a 3-5 year hold in a registered account for an investor willing to take on an above average level of risk (but not high)? Sector does not matter. Thanks.

Q: Hi Team,
I am an aggressive investor, which paid off lovely in 2020, but now am being crushed. I hold the following stocks (with weightings in brackets) in total in my brokerage accounts. Could you have a quick look and tell me how this basket looks "In general"? And if you see this basket doing well over the longer term (say 5-10yr hold), pointing out any suggested changes you would make, if any are "sells" or worth switching out. Note that if I sell any GSY it would incur tax (the weighting is large because the position has grown and have been a firm believer in the company as its valuation still looks cheap and am collecting a nice div off it as well). I am 42yrs old so retirement is a ways away and my goal is maximum returns with reasonable risk until retirement. Please deduct credits as required. Thanks
ATZ(3.2%)DOO(1.3%),GSY(24.7%),NVEI(6.3%),TOI(8.6%),WCP(2.8%),SQ(3.5%),APPS(2.5%),RBLX(2.7%),BAM.A(1.7%),LSPD(3%),FB(8.2%),TTD(2.9%),U(2.2%),ABNB(2.4%),CRWD(2.4%),NVDA(6%),PINS(1.7%),CRM(2.9%),NOW(2.7%),SWKS(1.7%),TWLO(2.4%),VEEV(1.4%)WELL(2.5%).

Q: Happy new year, 5i team,
I’ve read TOI Q&A back to around Sept ‘21. It seemed a sound strategy for me to buy them as my first tech stock, when priced at $140; just 40 shares. They’re non-registered so as to fit my goal of future tax advantages of capital gains if I ever needed to sell some. I was thinking that periodically I’d buy more to increase my tech weighting as well, overall in all accounts.
Reading your reply on price for ‘good, great and table pounding’, I am wondering if I totally misunderstood this stock. Did I overpay, or is the last 3-4 months drift down simply the manifestation of a higher risk stock. Your reply to a reader on your predictions on future P.E.s , TOI at 200x made me think that how this fairly new stock is doing is just what this kind does, and why a hold for 5+ yrs is best.
Do you have guidance if what I’ve written shows a big gap in my understanding please?
Would you buy more today?

Another note (please deduct credits)- when an investor is growing their portfolio and goes from say 5 stocks to 10 stocks, then to 20 stocks, the weights could be 20% each then drop to 10% each, then eventually get to the 5% max you advise, as more stocks are added. To me this seems logical and realistic, then I paused that maybe one must buy less of more stocks so one is closer to the 5% from the start of the journey rather than seeing that as the goal (say at the end of a 4-5yr period). Which strategy is better, does it not matter so long the investor eventually gets there, or, is this related to one’s risk profile?

Much appreciated as always :)