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goeasy Ltd. (GSY $133.92)
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Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $166.16)
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Aritzia Inc. Subordinate Voting Shares (ATZ $123.80)
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Brookfield Corporation Class A Limited Voting Shares (BN $65.32)
Q: Happy New Year!
I am looking at where to deploy my TFSA contribution for this year and would be interested to hear your thoughts. My largest position is BN at close to 5% so I am thinking of adding to my smaller positions listed above. If this were your portfolio, would you add this year's $7000 to one stock, or add smaller amounts to two or three stocks? Or, would you only add to BN as it is still at a sleep at night percentage?
Thank you!
I am looking at where to deploy my TFSA contribution for this year and would be interested to hear your thoughts. My largest position is BN at close to 5% so I am thinking of adding to my smaller positions listed above. If this were your portfolio, would you add this year's $7000 to one stock, or add smaller amounts to two or three stocks? Or, would you only add to BN as it is still at a sleep at night percentage?
Thank you!
5i Research Answer:
Our favourite here would be BN still, but weightings need to be personal. Assuming there are other accounts, we would be fine adding BN as its overall position size is likely less when considering other accounts. Otherwise we would suggest spreading out the cash to the group.