Q: Hi,
I've sold my house and moved overseas; I will return in about 3-4 years and may need to buy a new home at that time.
I have about $700K I'd like to invest while I'm overseas.
Can you suggest some dividend stocks to hold while I'm overseas, that I'd be able to liquidate to sell to buy a new home when I return in 3-4 years?
Thanks,
Robert
I've sold my house and moved overseas; I will return in about 3-4 years and may need to buy a new home at that time.
I have about $700K I'd like to invest while I'm overseas.
Can you suggest some dividend stocks to hold while I'm overseas, that I'd be able to liquidate to sell to buy a new home when I return in 3-4 years?
Thanks,
Robert
5i Research Answer:
The timeframe is still fairly short for equity exposure, but we would be OK with a diversified mix of high quality blue chip companies, such as SLF, TRI, QSR, ATD, CNR, FTS, ENB. We would also consider ETFs such as SPY and XIC for diversification.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in SPY.