Model Portfolio 2021

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Hey Guys,

I know you’re working on revamping the portfolio’s look for next year but I was wondering when will you reveal your picks for 2021? Do they drop like the first week of Jan or do you try to get a feel for the market first?
Thanks for all your help!

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Asked on December 16, 2020 12:20 pm
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In terms of purchasing the stocks or owning the stocks we recommend, if I had an infinite surplus of cash, theoretically I would buy all of them yes.

But, I've essentially deployed all of my portfolio in 2020 into equities, I hold almost no cash. So although I'd like to buy Calian, our most recent highlight, I simply don't have the capital. But when I do end up with a cash position, it's very often I end up purchasing something we have on our Bull Lists.

For example, I purchased TFI International (Not on the list anymore), Lightspeed, Kirkland Lake, Real Matters, Park Lawn and Manulife (added to previous position on MFC) based on Bull List additions when I had cash to deploy.

I also dabble in micro/small caps and IPO's, and you'll likely see those stocks on our watchlist or in the IPO centre. They aren't Bull List recommendations because our Bull Lists are reserved for stocks we feel present long term fundamental opportunities. Micro cap stocks are full of speculation, and as such have no place on the Bull Lists. However, members wanted to know what we were doing with these types of stocks, so we made the watchlist.

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Posted by Dan Kent
Answered on December 18, 2020 9:01 am