Q: I have the following in an RESP (CU has 25%, rest are about 15-20%)
POW
CIBC
BMO
CU
BCE
I'm thinking of replacing CU with OSB - 12 yr time horizon, the fact that OSB is in the trough of it's cycle, has a solid dividend and low debt makes me think that over a 12yr hold I should be able to get a higher return (implied selling into a housing boom).
What are your thoughts?
POW
CIBC
BMO
CU
BCE
I'm thinking of replacing CU with OSB - 12 yr time horizon, the fact that OSB is in the trough of it's cycle, has a solid dividend and low debt makes me think that over a 12yr hold I should be able to get a higher return (implied selling into a housing boom).
What are your thoughts?