Q: Hello Peter and Staff
I was a bit surprised at your answer to Lee on August 21st where you included GSY and TCN as too risky for the average retired investor . I thought both are high on your list ?
Thanks for all you do
Dennis
I was a bit surprised at your answer to Lee on August 21st where you included GSY and TCN as too risky for the average retired investor . I thought both are high on your list ?
Thanks for all you do
Dennis
5i Research Answer:
We like them both quite a lot. But both are below $3B market cap, and fairly volatile. We would not consider them 'blue chip' stocks for an average conservative investor. GSY for example is 41% lower than its high in 2021, and most retired conservative investors would not be able to handle such volatility.