Q: Good afternoon. I hold 2 companies from each major sector of the economy. In the Industrial sector I own shares in CNR and CP.
I am considering selling CP and replacing it with TFII for diversification purposes.
Although the capital gains hit would be large as I have held CP for over a decade would you consider this to be a wise move or a foolish one?
Many thanks in advance.
John
I am considering selling CP and replacing it with TFII for diversification purposes.
Although the capital gains hit would be large as I have held CP for over a decade would you consider this to be a wise move or a foolish one?
Many thanks in advance.
John