Foundational & Dividend Stocks for Long Term.

Hello,

I am quite new to trading, and a total newbie to your StockTrades website. I came across it while doing research on help with individual stock investments. I am slowly trying to absorb all the info in your emails, I have not even tried working around the Discord group yet.

Anyway, so I did briefly read through your recommended foundational stocks. My first question is, which, if any of these stocks would you recommend for long term investment. Due to my busy schedule, I typically only have a chance to review my finances once a month when I do my month end banking, I simply do not have time to be monitoring them on a daily basis, buying and selling etc. So my goal with stocks is for long term growth. By long term, I am thinking at least 5 years.

The other question is also very similar to the first, and it is related to the Dividend Bull List, again which would you recommend for long term, steady dividends with growth potential.

Right now 90% of my portfolio is in ETF’s and Mutual funds, I have very few individual stocks, so I am taking the leap now to the riskier individual stock options.

Thank you.

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Asked on September 7, 2021 8:09 pm

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Private answer

Our Foundational Stock list was actually built around the idea that these are the core Canadian companies you build your portfolio around. You pay less attention to these as they generate long standing returns on autopilot.

Everything we do here at Stocktrades is long term, with a 5+ year outlook on our purchases. However, there is no question that a company on the Growth Bull List can change in terms of investment thesis (reason to buy) very quickly, so they must be monitored a little closer. The Foundational Stock list however is companies that have performed for often decades, and are much more reliable.

Dividend Bull List is the same thing. 5+ year outlook on all of our highlights. These companies aren't AS stable as the Foundational Stocks, but most of our highlights in this area will still include very stable companies.

Keep in mind, this is for the Canadian portion of your portfolio. It's important to have US and International diversification. I do that through purchasing XAW, which is a broad based global ETF that includes over 9000 underlying holdings from everywhere but Canada. There is also other options like ZEM, which is an ETF that tracks emerging markets.

My strategy is this, purchase broad based ETFs to get my international and US exposure, own a solid core of Foundational Stocks here in Canada, and laser focus on the small/mid cap Canadian market to outperform.

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Posted by Dan Kent

Answered on September 8, 2021 11:43 am

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