GRT.UN and the other foundational picks

HI Vanessa,

As foundational stocks, we would be comfortable taking a position in them at any price. Why? We believe in the long-term prospects of these companies and should anchor portfolios for years to come. That means that yearly fluctuations in price are likely to be blips on the radar. Now I say this with the long-term in mind. If I was investing for the short term and expect to make a quick profit, then I would pay more close attention to these valuations. The approach I would take (which is what i do currently with any stock I buy for the long-term), is to average into the position over the year. Once I built up a full position, I'd DRIP the stock and just let the shares build.

Mat