Q: Could you recommend a moderately aggressive portfolio suitable for a young person with a reasonably long time horizon (5 to 10 years)? Cash available is quite small at $2,500.00.
Today we harvested profits on SHOP and closed out two equity positions being held. We wish to still gain from above average growth however it is time to diversify and take on less risk.
Thank you
Today we harvested profits on SHOP and closed out two equity positions being held. We wish to still gain from above average growth however it is time to diversify and take on less risk.
Thank you
5i Research Answer:
We can't provide personalized portfolios and would defer first to our Balanced Model Portfolio. However, with a limited amount of capital we would prefer an ETF to providw adequate diversification. We think VFV would provide growth potential and reasonable safety for a long term investor.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV.