So, this is a question that we can help with, but ultimately you need to decide for yourself.
First off, our portfolios are not 100% equities. Depending on the portfolio you choose, it will have a range of equity allocation. So, the GenX Moderate for example was designed to have 57% towards equities (you'll see this on the individual portfolio pages). So if you were to mimic that portfolio, only around $25,000 would be in those stocks. On the other hand, a portfolio like our Millennial Aggressive we designed with 80% equities.
We did this so that you, the investor, has the choice where the rest would go. It could go into ETFs that provide diversity outside of Canada, it can go into GIC's, Bonds, Money Market Funds, or even cash. The choices are abundant.
I will never steer anyone away from our Foundational Picks, as we do truly feel they are some of the best stocks in the country. Reliable dividends, low volatility and industry leaders. That's what you should look for in the core structure of a portfolio and we believe they all offer that.
Lets talk about my portfolio as an example. My portfolio is 100% equities. Keep in mind, this provides extensively more volatility, you REALLY need to be patient and mentally checked in to manage a 100% equity portfolio. For instance, my portfolio was down over 40% in 19 days during the COVID-19 crash. A panic sell off would have been life altering financial wise. But, out of that my portfolio is structured to be around 60% income plays (dividend bull list), 15% diversification (via ETFs) and 25% pure growth plays(growth bull list).
As I make money off my growth plays, I simply transition them into the income portion so the allocation doesn't get too large. For example, I transitioned some very large gains with Canopy Growth, Canada Goose and Shopify from my growth allocation to income allocation because they had bloated that portion of my portfolio.
Does this help at all? I hope it does. It's just hard for me to answer this question because I have NO idea about who you are, your goals etc. But what we can do is make it a lot easier on you to decide what to do. So any other questions, feel free to ask.