how to calculate stock percentages over multiple accounts

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My wife and I each have a RRIF and we also have a joint margin account. When thinking of allocating percentages for our positions should we be calculating on the overall balance of the 3 accounts, or just the balance of the account a particular stock is held in?

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Asked on February 10, 2025 6:44 pm
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Hey there. Your portfolio should be thought of as a whole. My allocations on my portfolio are based across all accounts. Lets say I have a $100,000 account and hold the same stock in all 3 accounts at $2500 each account.

My allocation would be $2500 x 3 = $7500, or 7.5%.

Allocations should simply be the amount of exposure you have to a particular asset relative to the entire size of your investment portfolio.

Another example would be say you have a $1M portfolio, $500k being in fixed income. If you own $50k of a particular stock, it would be pretty easy to think your allocation is 10%, as you own $500k in stocks and $50k in this particular stock. However, once you factor in your fixed income, it is actually 5%.

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Posted by Dan Kent
Answered on February 11, 2025 6:28 pm