Q: Hi Folks,
Looking at adding IFC or BRK.B to my TFSA account. May I have your opinion as to which one you would recommend if one is looking for growth and preservation of capital.
Thanks
Looking at adding IFC or BRK.B to my TFSA account. May I have your opinion as to which one you would recommend if one is looking for growth and preservation of capital.
Thanks
5i Research Answer:
We would be comfortable with both, but considering the massive size and cash balance of BRK.B, BRK.B is the 'safer' call here, but still has potential with its current operations and we also expect it to 'buy' growth using its cash hoard.