Foundation stocks and their relation to your portfolios.

0
0

When setting up your Gen X Portfolio, I notice that they include some foundational stocks. The caveat is that your portfolio is by percentage, which you state is important. Should I set up a tranche of my RRSP to be the GenX portfolio with proper percentages, and a separate tranche to hold Foundation stocks … not factoring in the section of foundational stocks in the Gen X portfolio. For example – Let’s say I have $60 000 – I want to portion $25 000 towards the Genx aggressive portfolio, which would contain 90 Telus and 38 TD to conform to their stated percentages. I like those stocks so I would like to put the other $35 000 towards other stocks including 200 T and 60 TD, which would alter the percentages of the GenX portfolio holdings. Should I just buy an extra 110 T and an extra 22 TD and consider it as a separate holding or should I just put the whole $60 000 in the Gen X portfolio and not worry about tranches? I hope this makes sense!

Marked as spam
Asked on November 28, 2020 10:21 am
2 views