- Toronto-Dominion Bank (The) (TD)
- Canadian National Railway Company (CNR)
- Sun Life Financial Inc. (SLF)
- CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
Q: Hello 5i
I read and consider your advice as very insightful. You often urge us - and demonstrate through your own model portfolios - that one should not overweight a company too much.
At present the stocks I have identified are all at or just over 7% of my total portfolio. To me, they are all “keepers” for the long haul. Still, they weigh heavily on my portfolio which is balanced with many other stocks sitting at around 5% weighting in my portfolio. Obviously I keep my holdings down to a manageable number and am not a trader.
Do I just ride the winners and be aware of the danger involved? Each of my mentioned stocks are up over 100% so I’ve got some space to “lose” money in a market downturn.
I do not need the money. Indeed, the capital gains on too many sales would put me in claw back territory.
Please deduct as many credits as you wish.
Best
Peter
I read and consider your advice as very insightful. You often urge us - and demonstrate through your own model portfolios - that one should not overweight a company too much.
At present the stocks I have identified are all at or just over 7% of my total portfolio. To me, they are all “keepers” for the long haul. Still, they weigh heavily on my portfolio which is balanced with many other stocks sitting at around 5% weighting in my portfolio. Obviously I keep my holdings down to a manageable number and am not a trader.
Do I just ride the winners and be aware of the danger involved? Each of my mentioned stocks are up over 100% so I’ve got some space to “lose” money in a market downturn.
I do not need the money. Indeed, the capital gains on too many sales would put me in claw back territory.
Please deduct as many credits as you wish.
Best
Peter